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Financial Management

in mtp oct 22 ..ques 1b it is given 1,00,000 pref shrs of rs.10 each carrying a dividend rate of 10%.. then pref dividend amt would be rs.1,00,000 [ 1 lac shrs * rs 10 * 10%].. but it is given as rs.10,000 in the mtp answers.. how?

kowselyaa G

CA Final

★ 2K+

11-Mar-23 02:21

482

Answers (2)

I think they gave "Rs "100000 pref shares of RS 10 each cross check once

Harshitha Kalidindi

CA Final

★ 51K+

11-Mar-23 11:26

In the updated MTP, they have included Rs. symbol with 1,00,000 preference shares. So, it's Rs. 1,00,000 preference shares of Rs. 10 each

Sahibdeep Singh

CA Inter

★ 14K+

11-Mar-23 15:22

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