Preference share holders are entitled to a fixed rate of -------

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 ___________.
• Any excess amount paid to preference share holders is debited to ------ --- account
• Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.
• Share holders cannot increase the rate of ‐‐‐‐‐‐‐‐‐ recomened by the Boared of Directors.
• If the preference shareholder agree to sacrifice the arrear off preference dividend, it is credited to:
• Preference shareholders are legally entitled to the repayment of capital in the event of liquidation of the company.
• Which of the following reserves cannot be distributed as dividend to share holders?
• Under net payment method, purchase consideration includes all payments made to the share holders in the form of ---------
• No company limited by shares shall issue any preference share which is redeemable after the expiry of …….. years from the date of issue.
• a preference share is one which enjoys a preferential right regarding payment of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐