Discuss the sources from which bonus shares can be issued by a company.
Question:
Discuss the sources from which bonus shares can be issued by a company.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
Bonus shares are additional shares that a company issues to its existing shareholders without any ca...View the full answer
Answered By
Krishnavendra Y
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagiarism), well-researched and critically analyzed papers.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Multiple-Choice Questions 1. Which of the following is not a direct nor indirect component of stockholders' equity? a. Dividends payable b. Loss on sale of equipment c. Retained earnings d. Net...
-
Multiple Choice Questions 1. Which of the following is not a component of stockholders equity? a. Loss on sale of equipment b. Dividends payable c. Retained earnings d. Net income 2. Which of the...
-
Comment on the following statement: A financial projection presents an organizations expected results, given a hypothetical assumption.
-
Blackburn Engineering, a parts reseller in Nashville, is currently considering using one of three suppliers. For a specific part, Blackburns upper specification limit (USL) is 8.8 centimeters (cm)...
-
The replacement cost of a home is $255,000. It has been insured for $204,000 in a homeowners insurance policy with an 80% coinsurance clause. What part of a loss due to fire will the insurance...
-
Describe the origins of annulment actions.
-
The company had 100,000 shares of common stock outstanding throughout the year. In addition, as of January 1, the company had issued 10,000 convertible preferred shares (cumulative, 5%, $100 par)....
-
Prepare Phillip and Claire's 2022 Federal Tax Return, and fill out the following forms: Form 1040, Schedule 1, Schedule 2, Schedule A, B, C, D, SE, Form 8949, Form 8995 TAXPAYER INFORMATION 1....
-
The following are the extracts from the Balance Sheet of A Ltd as on 31.3.2017: Authorised capital : 10,000 Equity Shares of 10 each : 1,00,000 Issued and Subscribed Capital : 5,000 Equity Shares of...
-
Sweetwell Co. Ltd has a share capital of 7,00,000 in equity shares of 10 each which are quoted in the market at 20. The company now declares a bonus is to be paid by issue of 40,000 fully paid equity...
-
Consult Sections 204 and 301 of SARBOX. What is the role of the audit committee in the financial reporting process? Do you believe that an audit committee can be effective in providing oversight of a...
-
Unified process is iterative model with milestone (a) Iterative (b) Incremental (c) Evolutionary (d) All of these
-
If user participation is available, which of the following models is to be chosen? (a) Waterfall model (b) Agile mode (c) Spiral model (d) RAD model
-
Assume you have an 'employee' class with a non-static attribute named salary. If you create 10 objects of this class, how many copies of the salary variable will you have? (a) 2 (b) 10 (c) An...
-
If requirements are frequently changing, which of the following models is to be selected? (a) Waterfall model (b) Prototyping model (c) RAD model (d) Agile mode
-
If requirements are easily understandable and defined, which of the following models is best suited? (a) Waterfall model (b) Prototyping model (c) Spiral model (d) None of these
-
What would happen if an investor who owned a share of a particular stock also bought a put option, with a strike price of $ 50, and sold a call option, with a strike price of $ 50? Try to draw the...
-
In your audit of Garza Company, you find that a physical inventory on December 31, 2012, showed merchandise with a cost of $441,000 was on hand at that date. You also discover the following items...
-
Following is the balance sheet of Raja Ltd., as on 31 st December 1998. On the above date, preference shares are redeemed to the extent possible at a premium of 5%. Journalise and give the amended...
-
The balance sheet of ABC & Co. Ltd. on 31 st March 2009 stood as follows: Both the redeemable preference shares and debentures were due for redemption on 1 st April 2009. The company arranged for the...
-
True or False. Redemption of preference shares can be considered as reduction of capital of the company.
-
Pressure in the vapor space 3rd effect: 4.2 psia; pressure in the vapor space 4th effect: 0.92 psia; liquor from 3rd effect: 20% solute, 170F; liquor from 4th effect: 40% solute, 130F; cooling water...
-
(c) To use a generalized correlation, we will compute the residual properties in the initial and final state, and then add those to the ideal gas values. We will thus have AH=-HR(450 C,3000 kPa) +...
-
The following reaction occurs either in aqueous phase in a PFR: AB+C+D The reaction rate is -TA= kCA. The value of the rate constant is k=0.4 min. The reactors operate at constant pressure and...
Study smarter with the SolutionInn App