Ramana Ltd went into voluntary liquidation on 1-4-2018. The details regarding the liquidation is as follows: The liquidators remuneration is 3% on assets realised and 2%% on amount distributed among shareholders. Particulars Amount Cash realised from Assets 5,00,000 Expenses of liquidation 9,000 Unsecured creditors (including salaries & wages for one month prior to liquidation 68,000 R6,000) 1,500 14% preference shares of T100 each (Dividend up to 31-3-2017 paid) 1,50,000 90,000 10,000 equity shares of 10 each 79 per share paid up General Reserve as on 31-3-20118 1,20,000 Profit and Loss A/c on 31-3-2018 Cr) 20,000 Under the Articles of Association the preference shareholders have the right to receive 1/3 of surplus remaining after repayment to equity shareholders.
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- Ramana Ltd went into voluntary liquidation on 1-4-2018. The details regarding the liquidation is as follows: The liquidators remuneration is 3% on assets realised and 2%% on amount distributed among shareholders. Particulars Amount Cash realised from Assets 5,00,000 Expenses of liquidation 9,000 Unsecured creditors (including salaries & wages for one month prior to liquidation 68,000 R6,000) 1,500 14% preference shares of T100 each (Dividend up to 31-3-2017 paid) 1,50,000 90,000 10,000 equity shares of 10 each 79 per share paid up General Reserve as on 31-3-20118 1,20,000 Profit and Loss A/c on 31-3-2018 Cr) 20,000 Under the Articles of Association the preference shareholders have the right to receive 1/3 of surplus remaining after repayment to equity shareholders.
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Answer:
Step 1 : Equivalent resistance
Let n be the number of resistors to be connected in parallel
Step 2 : Applying Ohm’s law
V=IR
eq
⇒220=5R
eq
⇒220=5×176/n (Using Equation (1))
⇒n=4
Hence, four resistors are required.
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