From the following information calculate expected future profits available to equity shareholders 10,000, 10% preference shares of Rs 10 each 300 000 equity shares of Rs 10 each Expected profit before tax 10 lakh, Rate of tax 50% Transfer to general reserve 15% of profit Nomal rate of eaming 10%
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number likh 97878 agge aapi lali
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Answer:
Here,
50000 - 40000 =10000
and, 100 x 10 = 1000
so, 10000 + 1000 = 11000.
Explanation:
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