Easy Office
LCI Learning

Financial management????

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 July 2013 given that,
face value of share = rs.100
issue price of share = rs.120
and flotation cost is 5%.

Q.on which amount flotation cost is applied 100(FV) or 120(IP)??????

pls help
Profile Image

Ashish Kukreja

Profile Image

Ashish Kukreja (Expert)
16 July 2013 Flotation cost is to be applied on Issue Price..Flotation cost per share will be 5% of Rs.120 = Rs.6 per share

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links