Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
ABC Ltd. went into voluntary liquidation on 1 January 2011. The liquidation gets remuneration at 3% on assets realized and 2% on distribution among shareholders. From the following particulars prepare liquidator's final statement.
Assets Realized
10,00,000
Expenses of Liquidation
18,000
Unsecured Creditors
1,24,000
Salary and Wages Outstanding
12,000
10,000, 6% Preference Share Capital
Dividend Paid Up To 31 December 2009
3,00,000
20,000 Equity Share Capital
1,80,000
General Reserve as on 31 December 2009
2,40,000
P&L A/c as on 31 December 2009
40,000
Under the Articles of Association of the Company, the preference shareholders have the right to receive one-third of the surplus remaining after repaying the equity share capital.
ABC pays dividends over the next 4 years: 2.50; 3.20; 4.75; and 5.20 starting in period 1 After the 4th year the company projects constant growth of 3%. Suppose investors need an 11 percent return.
Prepare a country risk analysis to evaluate if senior management at MNC should support the proposal for the company to enter the market in India with a major presence.
Multiple choice questions on time value of money - What's the future value of $2000 after three years if the appropriate interest rate is 8%, compounded semiannually?
Multiple Choice questions based on balance sheet data and An accounting time period that is one year in length is called and One of the accounting concepts upon which adjustments for prepayments and accruals.
If XYZ Corporation has a growth rate of 4 percent, a required rate of return (rs) of 11.5 percent, a most recent dividend paid of $5.00.
Explain how much did Gitlen Financial pay Sean for his structured settlement and find what is AFM's return on assets?
At December 31, 2012, Suffolk Corporation had an estimated warranty liability of $105,000 for accounting purposes and $0 for tax purposes. (The warranty costs are not deductible until paid.) The effective tax rate is 40%. Compute the amount Suffol..
Multiple Choice questions on stocks and bonds - Which of the following is an internal source of funds?
Computation of yield on a corporate bond. presume that there is no maturity risk premium. What is the yield on this 5-year corporate bond
Describe the components of the current ratio and what does the current ratio measure also what are the reasons for using the current ratio for analysis?
Helen recently get a credit card with a nominal interest rate of 21%. With the help of card, she buy some new clothes for 250 dollar. The minimum payment on the card is only 20 dollar every month.
Calculate the stock price of IBM - Using the information of the present year to evaluate the current stock.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd