A company issues new debentures of Rs.2 million, at par; the net proceeds being Rs.1.8 million. It has a 13.5 per cent rate of interest and 7 years maturity. The company’s tax rate is 52 per cent. What is the cost of debenture issue? What will be the cost in 4 years if the market value of debentures at that time is Rs.2.2 million?2713
Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 You are required to calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy1 2866
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why2664
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?2 5483
Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?4 9703
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??1293
is F form needed while making intra stock transfer ?2 5149
what the three thing that can not make accounting statement balance?1 3330
mention five items that is commonly use when preparing trading and loss account2 3401
why u maintain accounts in business2 3295
ONE EMPLOYEE TAX CALCULATION: GIVE INVESTMENT OF HOUSEING LOAN BUT HOUSEING LOAN TAKEN HIS BROTHER AND SECOND APPLICANT THIS EMPOYEE SO, QUE ARRISE IF INVESTMENT DOCUMENT OF LOAN TAKEN OR NOT....?1 3077
why do you think you are sutable candidate for this post
Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
Explain me your current/former role, your responsibilities, and how success is/was measured?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
What is Insider Trading ?
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Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
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Purchase and sales sahres accounting entry which have stt brokerage and other taxes
What is aggregate Liabilities ?
What will be the planned expenditure in the budget 2009-10
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What is the different between Excise Invoice and Invoice