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made A Company Equity shares of Rs. 10 of Rs. & at The Entire issue a premium of Rs. was Underwritten a public issues each

image text in transcribedimage text in transcribed made A Company Equity shares of Rs. 10 of Rs. & at The Entire issue a premium of Rs. was Underwritten a public issues each at of 2,00,000 a pricor 2 shau per by the Underwrite respectively LM, N and O in the ratio 4:32:1 with. the provision of sum Underwriting of 5,000 , 4,000 2,000 and 2,000 8 shanes respectively The Company received application for 1,50,000 share I excluding fm with standing I from public, out, of which applications for 55,000 42,000 and of L, M, N L, M, N and marked ' 40,000, in favou 8,000 Shares were 0 respectively. On the basis of th Correct answa The below above information identify the alternative given in from the mentioned 2 2 questions. 17) The Excess Number marked shan application received from Underwrite "N" over Underwritten other three: Options = shares. shared between the numbri by him will be 1. Dn Equal natio 8. C. Dn ratio of 4:3:1 In ratio of their Unmarked application d. The Excess of 'r' will not be shared 18). The Total liability Shaver Option of the in the Numbe four Underwriter will L be : A. (L) 24,000 (M) 19,250 (N) NIL (0) 11,750. B. (2) 25,000 (M) 12,500 (N) NIL (0) 9,500 c. (2) 20,000 (M) 16,500 (N) 2,000 (0) 11,500 d. ) 25,000 (M) 20,000 (N) NIL (0) 12,000

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