What is bonus debentures ? What are the logics of issuing bonus debentures ?
Question:
What is bonus debentures ? What are the logics of issuing bonus debentures ?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Bonus debentures are a type of financial instrument issued by a company to its shareholders as a bonus similar to the concept of bonus shares They are ...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
-
Complete the following table: Note: Round your answers to 2 decimal places. Product A Unit Contribution Margin $ Product B Unit Contribution Margin 10.00 S 2.00 16.10 46.70 7.00 4.60 13.00 56.10...
-
[A] Aon Corporations Mezzanine Preferred Stock In its 2002 annual report to shareholders, Aon Corporation described its mandatorily redeemable preferred stock as follows: In January 1997, Aon created...
-
ABSTRACT Article history: Received 13 June 2006 Received in revised form 4 October 2006 Accepted 28 October 2006 Available online 22 December 2006 Keywords: Full cost accounting Sustainable...
-
In the diagram, the positive terminal of the 12 V battery is grounded it is at zero potential. At what potential is point X? 12 V 4 V Ground
-
Woodland Instruments, Inc. operates in the highly competitive electronics industry. Prices for its R2-D2 control switches are stable at $100 each. This means that P = MR = $100 in this market....
-
Identify five benefits of the successive versions of the Violence Against Women Act.
-
Pillow Company is purchasing an 80% interest in the common stock of Sleep Company. Sleeps balance sheet amounts at book and fair value are as follows: Book Fair Account Value Value Current assets . ....
-
Dog-eared Book Shops accounts at June 30, 2016, included the following unadjusted balances: Merchandise Inventory....$ 5,800 Cost of Goods Sold....... 33,750 Sales Revenue.......... 75,000 Sales...
-
A financier has made a loan of $15 million. The contract for the loan calls for payment of interest quarterly at a nominal annual rate of 8.1%, until the full principal is repaid in one lump sum at...
-
From the following prepare a statement showing the basis of allotment in respect of a rights issue : 1. Centurion Bank Limited issues 22,69,44,320 equity shares on rights basis. 2. Applicants...
-
The following was the Balance Sheet of Zodiac Ltd. as at 30.9.2016 : I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital (b) Reserves and Surplus - General Reserve (2) Share...
-
What information should Wal-Mart compile about smart phone transactions? How should it use the information?
-
5) A frictionless rod of length L rotates counterclockwise in the with constant angular speed w at an angle a to the z axis. A bead of mass m, free to slide on the rod, leaves the origin with initial...
-
1) Louisa is a corn farmer in Illinois. She anticipates a harvest in August of 3 million bushels of yellow corn. Today is May. Louise plans to hedge her sale of corn in August using corn futures...
-
2. DETAILS MY NOTES In a statistical test, we have a choice of a left-tailed test, a right-tailed test, or a two-tailed test. Is it the null hypothesis or the alternate hypothesis that determines...
-
2. The model of a two-story building shown in Figure 2. The girders are assumed to be rigid, and the columns have flexural rigidities EI and EI2, with negligible masses. The stiffness of each column...
-
Prepare journal entries to record these transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually....
-
The parallel plates of an isolated capacitor carry opposite charges, Q. If the separation of the plates is increased, is a force required to do so? Is the potential difference changed? What happens...
-
What is the difference between adsorption and absorption?
-
The amount in the Securities Premium can be used for: (a). Distribution of dividend (b). Writing of capital losses (c). Transferring to general reserve (d). Paying fees to directors.
-
10,000 equity shares of 20 each are issued for public subscription at a premium of 10%. The full amount is payable on application. Applications were received for 20,000 shares and pro rata allotment...
-
What are the provisions of the Companies Act under section 78 for the use of shares premium?
-
Sociology
-
I am unsure how to answer question e as there are two variable changes. In each of the following, you are given two options with selected parameters. In each case, assume the risk-free rate is 6% and...
-
On January 1, Interworks paid a contractor to construct a new cell tower at a cost of $850,000. The tower had an estimated useful life of ten years and a salvage value of $100,000. Interworks...
Study smarter with the SolutionInn App