The following information pertains to X Ltd. : Equity share capital called up Rs.5,00,000; Calls in arrear

Fantastic news! We've Found the answer you've been seeking!

Question:

The following information pertains to X Ltd. : Equity share capital called up Rs.5,00,000; Calls in arrear Rs. 40,000 ; Calls in advance Rs. 25,000 ; Proposed dividend 12%. The amount of dividend payable will be?

Related Book For answer-question

Advanced Accounting

ISBN: 978-0538480284

11th edition

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

See More Books

Posted Date: Feb 03, 2023 04:56 AM

See More Questions

The following information pertains to Flaxman Manufacturing Company for March 2015. Assume actual overhead equaled applied overhead. March 1 Inventory balances Raw materials .......... $100,000 Work...
The following information pertains to Capital Corporation: Net income ............................................. $1,005,000 Average common equity ............................ $16,500,000 Preferred...
The following information pertains to Satellite Company: Required: Present the operating activities section of the statement of cash flows for Satellite Company using the indirectmethod. Income...
Imagine that a researcher develops a new cancer drug that shrinks tumors, which she measures using an MRI. The researcher needs to determine if the new drug performs differently from, or the same as,...
Ball Bearings, Inc. faces costs of production as follows: a. Calculate the companys average fixed costs, average variable costs, average total costs, and marginal costs at each level of production....
Agile methods use rapid development cycles to iteratively produce running versions of the system. How would these shorter cycles affect the ability of the analyst to manage systems requirements?
Find the explicit solutions of the following stochastic differential equations: (a) Ornstein-Uhlenbeck process: \[d X_{t}=\mu X_{t} d t+\sigma d B_{t}\] (b) Mean reverting Ornstein-Uhlenbeck process:...
Facts: Your client is the plaintiff in a workers' compensation case. She was injured in 1993 in state A. In 1995, her employer destroyed all the business records relating to the client. The...
Van Duzer explains that one of the consequences of the Fall on the nature of work is that people are working harder at a faster pace, not being able to take a pause, under the influence of increasing...
Sears Editing Company is a small editorial services company owned and operated by Deloris Sears. On January 31, 20Y1, the end of the current year, Sears Editing Companys accounting clerk prepared the...
The Hagues owned a tract of land that they decided to sell. They signed a listing agreement with Harvey Hilgendorf, a licensed real estate broker, which gave Hilgendorf the right to list the property...
Suppose a household does not carry health insurance. Can we conclude that this refl ects failure of insurance markets? Why or why not?
Give three examples of asymmetric information in which the health consumer has information that is unavailable to the health provider. Give three concrete examples in which the health provider has...
Suppose that Charlies Pizzeria in Kalamazoo, Michigan, employs 10 employees at a wage level of $9 per person. All other costs (ovens, rent, advertising, return to capital) total $50 per hour, and the...
Explain why it is often claimed that hospitals compete for doctors rather than patients. What are some of the implications of this phenomenon, assuming that it is true?
What is a dominant strategy in game theory? Using the payoff matrix shown in Box 14.1, replace the entry in the fi rst row and second column with (125, 50). Does A have a dominant strategy? Does B?...
Assume that the spot price for crude palm oil is RM2,275. If the storage cost is RM5 per month, the risk-free interest rate is 5%, the yield on cash commodity is nil, the contract expires in two...
B.) What is the approximate concentration of free Zn 2+ ion at equilibrium when 1.0010 -2 mol zinc nitrate is added to 1.00 L of a solution that is 1.080 M in OH - . For [Zn(OH) 4 ] 2- , K f = 4.610...
A condensed balance sheet for a partnership to be liquidated is as follows: The profit and loss percentages for Partners A, B, and C are 50%, 30%, and 20%, respectively. For each of the following...
Prepare a re-measured trial balance and entries to eliminate excess of cost over book value. On July 1, 2016, Spencer International acquired an 80% interest in the net assets of Quatro Corporation,...
On January 1, 2011, Peres Company purchases 80% of the common stock of Soap Company for $308,000. On this date, Soap has common stock, other paid-in capital in excess of par, and retained earnings of...
Which of the following questions can an interviewer legally ask a job candidate during a telephone interview? (a) Are you pregnant or planning to soon start a family? (b) What skills do you have that...
An employment test that yields different results over time when taken by the same person lacks ____________. (a) validity (b) reliability (c) realism (d) behavioral anchors
The responses most likely to be associated with use of a force-coercion change strategy are best described as __________. (a) internalized commitment (b) temporary compliance (c) passive cooptation...

The following information pertains to X Ltd. : Equity share capital called up Rs.5,00,000; Calls in arrear

Question:

Expert Answer:

Dividend Payable Equity Share Capital Proposed Dividend Rate Rs ... View the full answer

Advanced Accounting

Students also viewed these finance questions