Issue of shares at a price lower than its face value is called :

Related MCQs

• When shares are issued at a price higher than their face value, it is called issue at…………..
• Preference shares, in case the holders of these have a right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called :
• Mr. X has underwritten 40,000 Shares, but the public applied for 50,000 shares. Therefore, Mr. B will get commission on the issue price of
• A company issued 2000 equity shares which were underwritten by A. The company received applications for 2400 shares. Hence A will get his commission on the issue price of
• The price of goods sent by head office to branch at a price higher than cost price is called
• The balance of the forfeited shares account after re-issue of forfeited shares is transferred to :
• If applicants for 80,000 shares were allotted 60,000 shares on prorata basis, the shareholder who was allotted 1,200 shares must have applied for :
• S Ltd. issued shares at the face value of Rs.1000 with a premium of Rs.200 per share. The underwriting commission will be calculated on
• L of Lucknow consigned goods costing ` 60,000 to A of Allahabad at an invoice price bearing 331/3 % mark up on the cost price. Goods costing ` 15,000 were damaged in the transit and the insurance company admitted the claim in full. Expenses incurred by the consignor on loading and transportation of the goods amounted to ` 1,800. The consignee incurred ` 200 on cartage and ` 6,000 as Godown Rent and sold 2/3 of the goods received by him at the invoice price. He is entitled to 5% normal commission and 2.5% del credere commission. Find the value of goods sold
• How many individuals or institutions companies can appoint to manage the issue of its shares