Answer Posted / prasanna
A stock that trades at a relatively low price and market
capitalization, usually outside of the major market
exchanges. These types of stocks are generally considered
to be highly speculative and high risk because of their
lack of liquidity, large bid-ask spreads, small
capitalization and limited following and disclosure. They
will often trade over the counter through the OTCBB and
pink sheets.
Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
explain Dual entry concept
Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
explain the difference between LIFO and FIFO?
What is deffered income
what is article of association? what is memorandum of association?
I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??
what is Rectification of Errors ?
How do you handle lack of direction or working in chaos
Short Answer on ___________fluctuating capital
Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
What is Financial planning?
Reserve Capital and Reserve Capital
what is the scenario of multi-org setup?
what are the seven accounting rules
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900