Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Following Financial data are available for Park Ltd. for the year 2008: ($ in millions) 8.52% debentures 7825.63 10% bonds (2009) 9685.48 Worth offers

1. Following Financial data are available for Park Ltd. for the year 2008:

($ in millions)

8.52% debentures 7825.63

10% bonds (2009) 9685.48

Worth offers ($10 each) 854.63

Stores and Surplus 986.48

Hard and fast Assets 887.57

Assets Turnovers extent 1.1

Incredible credit charge 8.8%

Incredible evaluation rate 40.98%

Working edge 10.79%

Benefit payout extent 16.67%

Current market Price of Share $ 19..524

Required speed of return of monetary benefactors 12.35%

You are expected to:

(I) Draw pay clarification for the year

(ii) Calculate its conservative advancement speed of benefit

(iii) Calculate the sensible expense of the Company$s offer using benefit markdown model, and

(iv) What is your appraisal on interest in the association$s proposal at current expense?

2. Can an association firm become an individual from Sec.25 organizations

a) Yes

b)No

3. Each Company needs organization secretary. So on account of sec.25 organizations the equivalent is the case. Do you concur with this assertion?

a) Agree

b) Disagree

4. Will a Company hold an AGM on open occasion?

a) Yes

b) No

c) a and b are right

5. Review of a public organization will be meant the restriction of reviews

a) Yes

b)No

6. Review of a privately owned business won't be meant the constraint of reviews

a)Yes

b)No

7. Legal gathering should be held in the event of a public organization

a) Yes

b)No

8. Legal gathering should be held in the event of a privately owned business

a)Yes

b)No

9. Privately owned business can distribute shares without getting least membership?

a) Yes

b)No

10. Public organization can assign shares without getting least membership?

a)Yes

b)No

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and Managerial Accounting the basis for business decisions

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

18th edition

125969240X, 978-1259692406

Students also viewed these Accounting questions