a businessman wishes to accumulate 3000 shares of a company have a reality assumptions of that company value in Rupees 10 nominal value which 10% dividend per annum and receive 2018 at the end of the year write a program in Java to calculate the number of pairs he has and how many number of shares to be purchased to make his target in number of circle to enable divident plus hundred upon nominal value plus dividend percent
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Answer:
Certain business organizations need to raise money from public. In India, such an organization needs to be registered under the Indian Companies Act. Such an organization is called a public limited company.
A company may need money to start business or to start a new project. The sum of money required is called capital. The required capital is divided into small equal parts, and each part is called share. The company prepares a detailed plan of the proposed project and frames rules and regulations regarding its functioning. They, then, draft a proposal, issue a prospectus, explaining the plan of the project and invite the public to invest money in their project. They, thus, pool up the required funds from the public, by assigning them shares of the company. The value of a share may be Re 1, Rs 10, Rs 100, Rs 1000, etc. The capital is raised by selling these shares. A person who purchases shares of the company becomes a shareholder of the company.