Question : From the following information, calculate Cash Flow from Financing Activities:
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| Equity share capital | 20,00,000 | 15,00,000 |
| 12% preference share capital | ......... | 5,00,000 |
| 14% debentures | 2,50,000 | ......... |
Additional Information:
Equity Shares were issued at a premium of 20%.
Question:
Interim dividend paid on Equity Shares 1,50,000. Dividend paid on preference share capital is ------
Option 1: No need to pay
Option 2: Rs 60,000
Option 3: Rs 1,50,000
Option 4: Rs 15,000
Correct Answer: Rs 60,000
Solution : Answer = Rs 60,000
In this case, since no dividend is paid on preference shares, the dividend paid is Rs 60,000, calculated = 12% of Rs 5,00,000.
Hence, the correct option is 2.
Related Questions
Question : From the following information, calculate Cash Flow from Financing Activities:
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| Equity share capital | 20,00,000 | 15,00,000 |
| 12% preference share capital | ......... | 5,00,000 |
| 14% debentures | 2,50,000 | ......... |
Additional Information:
Equity Shares were issued at a premium of 20%.
Question:
Interim dividend paid on Equity Shares 1,50,000. Dividend paid on preference share capital is ------
Option 1: No need to pay
Option 2: Rs 60,000
Option 3: Rs 1,50,000
Option 4: Rs 15,000
Question : From the following information, calculate Cash Flow from Financing Activities:
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| Equity share capital | 20,00,000 | 15,00,000 |
| 12% preference share capital | ......... | 5,00,000 |
| 14% debentures | 2,50,000 | ......... |
Additional Information:
Equity Shares were issued at a premium of 20%.
Question:
If 12% Preference Shares were redeemed at premium 10%
Option 1: Rs 5,00,000
Option 2: Rs 50,000
Option 3: Rs 5,50,000
Option 4: None of the above
Question : From the following information, calculate Cash Flow from Financing Activities:
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| Equity share capital | 20,00,000 | 15,00,000 |
| 12% preference share capital | ......... | 5,00,000 |
| 14% debentures | 2,50,000 | ......... |
Additional Information:
Equity Shares were issued at a premium of 20%.
Question:
Interest paid on 14% Debentures __________.If Rs 6,000 accrued interest on debentures
Option 1: Rs 35,000
Option 2: Rs 6,000
Option 3: Rs 29,000
Option 4: Rs 25,000
Question : From the following information, calculate Cash Flow from Financing Activities:
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| Equity share capital | 20,00,000 | 15,00,000 |
| 12% preference share capital | ......... | 5,00,000 |
| 14% debentures | 2,50,000 | ......... |
Additional Information:
Equity Shares were issued at a premium of 20%.
Question:
Interest paid on 14% Debentures __________.If Rs 6,000 accrued interest on debentures
Option 1: Rs 35,000
Option 2: Rs 6,000
Option 3: Rs 29,000
Option 4: Rs 25,000
Question : From the following information, calculate Cash Flow from Financing Activities:
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| Equity share capital | 20,00,000 | 15,00,000 |
| 12% preference share capital | ......... | 5,00,000 |
| 14% debentures | 2,50,000 | ......... |
Additional Information:
Equity Shares were issued at a premium of 20%.
Question:
Issue of share capital------------
Option 1: Rs 5,00,000
Option 2: Rs 1,00,000
Option 3: Rs 6,00,000
Option 4: Rs 20,00,000
