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Indicate the correct option as regards the sources of funds for a funds flow statement from the following<br>1. Increase in working capital.<br>2. Decrease in working capital.<br>3. Writing-off the intangible/fictitious assets.<br>4. Issuing equity shares for acquisition of a building for office.<br>5. Charging depreciation on fixed assets.<br>Select the correct answer
A
1, 3 and 4
B
2, 3 and 5
C
1, 4 and 5
D
2, 3 and 4
Correct Answer:
2, 3 and 5
Indicate the correct statement as regards the sources of funds for a Funds Flow Statement from the following:
i. Increase in working capital
ii. Decrease in working capital
iii. Writing off the intangible/fictitious assets
iv. Issuing equity shares for acquisition of a building for office
v. Charging depreciation on fixed assets
A
i, iii, iv
B
ii, iii, v
C
i, iv, v
D
ii, iii, iv
In order to raise finance, which of the following securities can be issued by a company?
1. Equity Shares
2. Redeemable Equity Shares
3. Redeemable Debentures
4. Redeemable Preference Shares
5. Bonus Shares
Select the correct answer:
A
1, 2 and 3
B
1, 3 and 4
C
1, 2 and 4
D
2, 4 and 5
A company issued 50,000 Equity shares of Rs. 10 each, Rs. 8 paid up and 50,000 8% Preference shares of Rs. 100 each. Expected profits are Rs. 10,00,000 Normal rate of dividend on Equity shares is 16%, Provision for taxation 60% and 10% of the profit is transferred to reserves.
The value of equity share will be:
A
40
B
50
C
45
D
None of the above
X Ltd allotted 25,000 equity shares to the applicants of 36,000 shares for Rs. 10 each on pro-rata basis. A applied for 1800 equity shares. Shares allotted to him are . . . . . . . . and he had paid an application money of Rs. 5 per share . . . . . . . . is the excess amount received that can be utilised towards allotment money.
A
1,500 shares, Rs. 1,500
B
1,250 shares, Rs. 2,750
C
1,350 shares, Rs. 2,250
D
1,050 shares, Rs. 3,750
An arrangement under which a company raises funds by issuing securities which carry a fixed rate of interest or dividend which is less than the average earnings of the company with a view to increasing the return on equity shares, is known as:
A
Under-capitalisation
B
Over-capitalisation
C
Trading on equity
D
Capital gearing
Directions :
In each of the following questions a statement is given, followed by two conclusions. Give answer :
Statement :
The office building needs repairing just as urgently as it needs internal as well as external painting.
Assumptions :
I. Efficiency of people working in the office cannot be improved unless office building is repaired.
II. Repairing and painting of office building require funds.
A
Only assumption I is implicit
B
Only assumption II is implicit
C
Either I or II is implicit
D
Neither I nor II is implicit
E
Both I and II are implicit
A company owns some land and buildings for which the following details are relevant : Cost of land Taka 50,000; cost of building Taka 100,000, estimated life of building 20 years, estimated residual value of building Taka 2000; estimated residual value of land Taka 50,000. The company uses the straight line depreciation method. Which is the correct annual depreciation charge for this asset?
A
Taka 4000
B
Taka 4900
C
Taka 7400
D
Taka 7500
Which one of the following combination of rules stands true while preparing schedule of changes in working capital?
1. An increase in current assets increases working capital.
2. An increase in current assets decreases working capital.
3. An increase in current liabilities decreases working capital.
4. An increase in current liabilities increases working capital.
A
Both 1 and 4
B
Both 1 and 3
C
Both 2 and 3
D
Both 3 and 4
Which two of the following statements are correct?
I. In the short - run, ∆TFC = 0, therefore ∆TC = ∆TVC
II. If decrease in AFC III. If decrease in AFC = increase in AVC, AC remains constant
IV. If decrease in AFC > increase in AVC, then AC increases
Choose the correct answer from the options given below
A
I and III
B
II and III
C
II and IV
D
I and IV
If there are a total of T = 100 shares to be divided among three processes, A, B and C. A is assigned 50 shares, B is assigned 15 shares and C is assigned 20 shares. If a new process D requested 30 shares, the admission controller would __________
A
allocate 30 shares to it
B
deny entry to D in the system
C
all of the mentioned
D
none of the mentioned