What the net asset value per share is

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Reference no: EM132807702

Problem 1: Gross assets are Rs. 1,01,000, fictitious assets Rs. 350 are included in the gross assets. External liabilities are Rs. 7,500. 6% preference share capital is Rs. 45,000. Equity capital is 4,500 equity shares of Rs. 10 each fully paid. Average expected profit is Rs. 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is

Reference no: EM132807702

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