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Commerce
Accounting
Difficulty: Medium
A company wishes to issue 1,000 7% debentures of Rs. 100 each repayable after 10 years for which the company will have to incur the following expenses: Underwriting commission ⇔ 1.5% Brokerage ⇔ 0.5% Printing and Miscellaneous expenses ⇔ Rs. 1,000 The annual cost of capital would be:
More Commerce Questions
A business has the following items in it: Land Rs. 1,500,000 Machinery Rs. 80,000 Cash Rs. 20,000 Owners equity Rs. 900,000 Loan Rs. 500,000 Creditors?
Which is NOT a cause of shift in cost curves of a firm?
Match List-I with List-II and select the correct answer: List-I List-II a. Tax planning 1. Making suitable arrangement of TDS b. Tax avoidance 2. Understatement of income c. Tax evasion 3. Availing deduction under Section 10 (A) of IT Act d. Tax administration 4. Misinterpreting the provisions of the IT Act
Stock turnover is:
Provision for Income tax is shown in a bank's Balance Sheet as . . . . . . . .