Home / MCQ Bank / Commerce

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:

Select the correct option to test your answer:

More Commerce Questions

Main components of foreign currency reserve of our country are: EBIT means _____________. Limited partnership means that: 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 What could be the basis for choice of fund in a Unit Linked policy?