When bonus share are received the average cost of the existing shares are …………………………….

Related MCQs

• Bonus shares are issued by ……………….. free reserves
• Bonus shares are issued out of ……………………………………………….
• Right shares are issued to ………………….. share holders
• In the revenue account bonus in reduction of premium is shown as
• The cost of right share is ……………………………
• -------------- is a situation where in existing state of arrangement is changed.
• An annual payment which an insurer guarantees to pay for lump sum money received in the beginning is called ………………..
• Average clause is a …………… in the insurance company
• Fire insurance policies contain an “average clause” to discourage ……………………………..
• At the time of calculating insurance claim , the average clause is ………………. If the value of stock at the date of fire was more than the policy value.