Question

Gujarat textie Ltd. Issue 10,000 , 8% irredemable preference share of rs 500 each at rs 520 issue expenses are estimated at 2.5% of isse price find the cost of preferences capital

Answer 1

Answer:

Logarithm, the exponent or power to which a base must be raised to yield a given number. Expressed mathematically, x is the logarithm of n to the base b if bx = n, in which case one writes x = logb n. For example, 23 = 8; therefore, 3 is the logarithm of 8 to base 2, or 3 = log2 8.