Minimum Acceptable Rate of Return
The following information is available
Equity Share Capital 800000 (Before Tax cost %) 14
Prefereance Share Capital 100000 (Before Tax cost %) 6
Long Term Debit 600000 (Before Tax cost %) 8
The compnay is to undertake a expansion project cost rs. 500000 which can be arranged at 9%What is minimum acceptable rate of Return? Assumed 40% is tax rate for the company
Can any one provide solution please???
Please explain the reason/logic behind the following statement:
If the payment of the entire sum due is made by the Debtor 'before the due date', then it would result in a GAIN FOR THE CREDITOR & A LOSS FOR THE DEBTOR (by way of interest).
Similarly, if the entire payment is made by the Debtor 'after the due date', then it would result in a LOSS FOR THE CREDITOR & A GAIN FOR THE DEBTOR(by way of interest).
Thank you.
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Dear friends
A is the (P) Ltd It is formed by 3 directors
Out which a is also one director
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Whether as transfer? or sale?
If sale Tax audit has to be done?
PLS help me solve question no. 5 of this paper
http://www.futureaccountant.com/exam-question-previous-papers/ca-pe-ii-group-i/accounting-november-2003.php
If the policy of the Company is that leave encashment is not allowed, then whether provision in books of accounts required by any statute?
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Financil Management