Question : From the following information, calculate Cash Flow from Financing Activities:
Additional Information: Equity Shares were issued at a premium of 20%. Question: Issue of debentures, If 14% Debentures were issued at a discount of 10% are ____.
Option 1: Rs 2,50,000
Option 2: Rs 2,25,000
Option 3: Rs 2,75,000
Option 4: None of the above
Correct Answer: Rs 2,25,000
Solution : Answer = Rs 2,25,000
Rs 2,25,000 (debentures Rs 2,50,000 - Discount on issue of debenture Rs 25,000) Hence, the correct option is 2.
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
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
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile