1) (B) State whether the following statements are true or false :( any7) 1) Unmarked applications can be distributed among the underwriters in the ratio of gross liability: 2) The underwriters may be individuals, partnership firms or joint stock companies. 3) Buyback of shares decreases the Earning Per Share (EPS) of the company* 4) If equity shares have been bought back out of security premium, there is no need to make any transfer to Capital Redemption Reserver 5) Transferor Company means the company that has been amalgamated into another company i.e. vendor company. 6) Absorption is said to take place when an existing company takes over one or more existing companiest 7) Only sick companies undertake capital reductions 8) In the scheme of reconstruction, the amount of shares surrendered by shareholders is transferred to the Capital Reduction Accounts 9) In the statement of affairs, uncalled capital is to be included under Assets/ 39410 ACCA4DDB91 (07) Page 2 of 7 B9EAC3297E8D354CAC