True or False. Redemption of preference shares can be considered as reduction of capital of the company.
Question:
True or False. Redemption of preference shares can be considered as reduction of capital of the company.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
Answered By
Akshay Singla
as a qualified engineering expert i am able to offer you my extensive knowledge with real solutions in regards to planning and practices in this field. i am able to assist you from the beginning of your projects, quizzes, exams, reports, etc. i provide detailed and accurate solutions.
i have solved many difficult problems and their results are extremely good and satisfactory.
i am an expert who can provide assistance in task of all topics from basic level to advance research level. i am working as a part time lecturer at university level in renowned institute. i usually design the coursework in my specified topics. i have an experience of more than 5 years in research.
i have been awarded with the state awards in doing research in the fields of science and technology.
recently i have built the prototype of a plane which is carefully made after analyzing all the laws and principles involved in flying and its function.
1. bachelor of technology in mechanical engineering from indian institute of technology (iit)
2. award of excellence in completing course in autocad, engineering drawing, report writing, etc
4.70+
48+ Reviews
56+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Read the following article carefully. There are fifteen (15) wrong information in the article. Highlight the wrong information and rectify the wrong information using the following format. E.g. Wrong...
-
The premium on redemption of preference shares can be provided out of: (a). Securities premium A/c (b). Capital redemption reserve A/c (c). Capital reserve (d). Depreciation reserve
-
Here is the post-closing trial balance of Easy Ltd as at 31 December 20x8: Additional information: The company has an authorised capital consisting of 400 000 ordinary shares and 50 000 redeemable...
-
???????Need answer for below questionWoolworth Ltd, After Pay Ltd, and Santos Ltd for the years 2021,2020 and 2019. Examine the consolidated Cash Flow Statements foreach companies acr f) If the firm...
-
What is the difference between a cafeteria plan and a flexible benefits (salary reduction) plan?
-
Why does India need to upgrade its skill level?
-
4. Martha County issues general obligation serial bonds at a premium to finance construction of a sheriffs office. Which of the following are affected by the transaction? a Special revenue b Capital...
-
Determining and Interpreting the Effects of Transactions on Income Statement Categories and Return on Assets Avon Products, Inc., is a leading manufacturer and marketer of beauty products and related...
-
Instruction: Discuss and answer the required questions in the following case study, then reply to at least two of your classmates' discussions with substantial content by Sunday midnight. The...
-
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...
-
Redemption of preference shares does not affect: (a). Issued capital (b). Paid up capital (c). Authorised capital (d). Subscribed capital.
-
How far would YOU support the contention that the human relations approach plays insufficient attention to the realities of the actual working environment?
-
Can anyone explain me how to calculate the ROI using the HISTORICAL COST NBV, the formula my instructor wants me to use is ADJ CF - HIST DEP /ASSETTOTAL - ACC DEP. And for the ROI of CURRENT COST NBV...
-
Consider the circuit to the right 3. If the total voltage supply in the circuit is 120V, and each resistor has a resistance of 400, what will the current read on each ammeter? |1= 12= 3 = 4. What...
-
1. The theory predicts the proportion of beans, in the four groups A, B, C and D should be 9:3:3:1. In an experiment among 1600 beans, the numbers in the four groups were 882, 313, 287 and 118. Does...
-
Would you recommend criminal charges in this case ( the screenshots below) and, if so, exactly which statutes against which person? Explain your reasoning (how the elements of the crime are met or...
-
check if each transaction is placed in the right place in each of the reports below and if there are any other mistakes in the different accounts after the first image which is a description of the...
-
Lisun Company produces a variety of gardening tools and aids. The company is examining the possibility of investing in a new production system that will reduce the costs of the current system. The...
-
If a force of F = 50 Ib is applied to the pads at A and C, determine the smallest dimension d required for equilibrium if the spring has an unstretched length of 1 ft. B 1 ft 1 ft F k = 15016/fr 1ft...
-
A company can issue equity shares with differential rights as to dividends, voting or otherwise A. If it is authorised by articles of association only B. If the issue is authorised by special...
-
The minimum application value shall be within the range of A. 5,000 to 10,000 B. 2,000 to 5,000 C. 10,000 to 15,000 D. 10,000 to 20,000
-
Shares are issued A. For cash only B. On credit only C. For cash or for consideration other than cash D. For consideration other than cash only
-
Ted and his partners have contracted to purchase the franchise nights worth 561 000 to open and operate a specialty pizza restaurant called Popper with a renewable agrement, the partners have agreed...
-
Your answer is partially correct. Martin Company's chief financial officer feels that it is important to have data for the entire quarter especially since their financial forecasts indicate some...
-
Kellog Corporation is considering a capital budgeting project that would have a useful life of 4 years and would love testing 5156.000 in equipment that would have zeto salvage value at the end of...
Study smarter with the SolutionInn App