Question : From the following information, calculate Cash Flow from Financing Activities:
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.
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: 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
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