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Rohan Industries Ltd. purchased a plant from Hind Industries for Rs. 12,00, 000. The company paid Rs. 4,00, 000 in cash and agreed to
Rohan Industries Ltd. purchased a plant from Hind Industries for Rs. 12,00, 000. The company paid Rs. 4,00, 000 in cash and agreed to allot 10% redeemable preference shares of Rs. 100 each at a premium of 25% for the balance amount. How many preference shares will be issued to the vendor if the shares are allotted at 10% discount?
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
