If one share is allotted for every five shares applied, an applicant for 1,000 shares will get ‐‐‐‐‐‐‐‐‐‐‐

Related MCQs

• Gross assets are 1,01,000, fictitious assets 350 are included in the gross assets. External liabilities are 7,500. 6% preference share capital is 45,000. Equity capital is 4,500 equity shares of 10 each fully paid. Average expected profit is 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is ___________.
• Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.
• Alteration of shares of smaller amounts into shares of larger amount is called…..of share capital
• The minimum application money to be paid by an applicant must not be less than …….as per Companies Act.
• Market price per share divided by earnings per share is ________.
• On an equity share of Rs. 20, the company has called up Rs. 16 but Rs.14 has been received by the company, the share capital account should be credited by ……
• In case of subdivision of share capital, the amount of share capital……….
• Fair value of a share in the simple average of intrinsic value and ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ value of a share
• The share capital account is debited with …………while forfeiting shares
• In case of subdivision of share capital, the total number of shares ……….