1. Stuart Limited, just proclaimed a profit of $ 29.00 per share. Mr. An is intending to buy

the portion of Stuart Limited, expecting expansion in development rate from 8% to 9%, which will

proceed for a very long time. He likewise expects the market cost of this offer to be $920.00

following three years.

You are needed to decide:

(I) the most extreme sum Mr. A should pay for shares, on the off chance that he requires a pace of return of

13% per annum.

(ii) the greatest value Mr. A will actually want to pay for share, in the event that he is of the assessment that

the 9% development can be kept up inconclusively and require 13% pace of return per

annum.

(iii) the cost of offer toward the finish of three years, if 9% development rate is accomplished and

expecting different conditions staying same as in (ii) above.

Note : Calculate rupee sum up to two decimal focuses and use PVF upto 3 decimal focuses.

2. Out Of The accompanying, Direct Expense Is

A) Salaries b) carriage outward c) lease of place of business d) carriage internal

3. Generosity is a

a) Fixed resource b) current resource c) immaterial resource d) imaginary resource

4. Pay got ahead of time is

a) A pay b) a responsibility c) a resource d) a misfortune

5. Deals are equivalent to

a) Cost of merchandise sold in addition to benefit b) cost of products sold short gross benefit

c) net benefit short expense of products sold d) none of these

6. Interest on drawings is

a) A use for the business b) a cost for the business

c) an increase for the business d) a misfortune for the business

7. Which of coming up next is certifiably not a fixed resource

a) Motor cycles b) furniture c) stock d) free hold property

8. Which of coming up next is a current obligation

a) A long term bank credit b) laborers pay reserve

c) bank overdraft d) profit leveling

9. Which of coming up next is certifiably not an elusive resource

a) Stock b) generosity c) exchange mark d) licenses.

10. On account of total assets strategy for single passage framework, the net benefit is determined by

a) Preparing exchanging and benefit and misfortune account b) contrasting opening and shutting capital

c) planning d) none of these