The capital share of a company is rs 10 cr divided by 10 lac number or shares. Calculate the face value of shares
Answers
Capital share of a company = Rs. 10,00,00,000.
Number of shares issued by the company = 10,00,000.
The formula for face value =
Capital share ÷ Number of shares.
The face value of each share =
( Rs. 10,00,00,000 ÷ 10,00,000 ) = Rs. 100 /-
The company has to issue each share @ Rs. 100.
The face value of share is $100
Explanation:
Provided information
Share capital of the company = $100,000,000
The number of shares = 1,000,000 shares
By considering the above information, the face value of shares would be
= (Share capital of the company) ÷ (Number of shares)
= ($100,000,000) ÷ (1,000,000 shares)
= $100
Simply we divided the share capital by the number of shares so that the face value can arrive
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