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?

0 Answers  

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in tally in contra is possible to create the ledger for rent

1 Answers  

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WHAT IS MONTH END CLOSING? AND WHAT YOU DO IN MONTH END CLOSSING PROCESS?

3 Answers   Thomson Reuters,

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how to account salary advanced from petty cash

1 Answers  

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Who owns the general ledger?

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What type of Question asking in Interview for Infor LN profile for an experienced person.

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what is mutual funds best way to answer?

3 Answers   Genpact,

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What is the difference between Economics and Finance?

0 Answers   Deloitte,

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What is the diffrence between General Exp. & Misc. Exp?

5 Answers   Tata Steel Limited,

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what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam

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Diff between Income & Expenditure A/c AND P/L a/c.

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Suppose a person is paid @ Rs.1 Lac Per Month for 2 months by the Owner/Director prior to the Company's incorporation for Managerial work and that person continues to work with the Company . Is the Director liable to deduct TDS on his Employee's Salary before incorporation also? And when the Company is incorporated after 2 months, Is it possible to show this expenses as Pre-incorporation Expenses?.What would be treatment for Salary Paid and TDS Deducted when the Company is incorporated? How will we give TDS Certificate to the Employee at the end of the Financial Year?

1 Answers   TCS,

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