Question
Capital Structure BV Share Capital 50,00,000 Retained Earnings 2,50,000 Debentures 15,00,000 Bank Loan 2,00,000 Share price of M/s Antara Limited at the beginning of the
Capital Structure BV
Share Capital 50,00,000
Retained Earnings 2,50,000
Debentures 15,00,000
Bank Loan 2,00,000
Share price of M/s Antara Limited at the beginning of the year was Rs. 50 and end of the year was Rs. 55 per share. Dividend declared was Rs. 5. Beta of the Company was pegged at 0.6. M/s Antara had floated its Debentures at 8% fixed interest for 5 years. The bank had extended a loan on floating rate basis. Interest paid during the year was Rs. 10000. Government securities are earning a return of 4% currently.
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The Complete Guide To Spotting Accounting Fraud And Cover-Ups
Authors: Martha Maeda
1st Edition
160138212X, 978-1601382122
