the bank issued 1,00,000 shares at rupees 100 Per share. A person got 500 shares. If the bank earned a net profit of Rupees 1,50,00,000 and decided to distribute 20% dividend to it's shareholders, how much divided the person receive?? detailed answer please.
Answers
Answered by
1
Answer:
At par, if its market value equals its face value. ... 9% Rs 100 shares at Rs 120 means; Face value (NV) of 1 share = Rs 100. ... A man has 500 shares of NV Rs 25 each.
Similar questions
English,
3 months ago
Math,
3 months ago
Computer Science,
7 months ago
English,
7 months ago
Biology,
1 year ago