‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Shares carry a fixed rate of dividend.

Related MCQs

• Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.
• The difference between gross dividend receivable and dividend received is debited to - --------
• Dividend paid or declared are subject to corporate dividend Tax @ ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ as per recent finance Act.
• Dividend paid or declared are subject to corporate Dividend Tax @ 17% as per recent ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• The difference between Gross dividend receivable and dividend received is debited to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Dividend declared between two ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is known as interim dividend
• If rate of proposed dividend is less than 10% of paid up capital, the rate of profit transferred to Reserve shall be………..
• The rate of discount on issue of shares should not exceed …. % of the nominal value of shares.
• In case of ……………..preference shares, the arrears of dividend are carried forward and paid out of the profits of the subsequent years.
• Dividend in the form of shares is called ………..