Dividends are usually paid as a percentage of
A) authorized capital
B) net profit
C) paid up capital
D) called up capital
Correct Answer:
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Q15: Bonus shares are issued by _ free
Q16: Bonus shares are issued out of _
A)capital
Q17: Right shares are issued to _ shareholders
A)previous
B)existing
C)future
D)none
Q18: Forfeiture of shares results in compulsory termination
Q19: Securities premium account can be used for
A)paying
Q20: After the issue of forfeited shares, balance
Q21: Preference shares have priority over equity shares
Q22: Shareholders get:
A)interest
B)dividend
C)bonus
D)commission
Q23: Debenture holders have right to receive _
Q24: Debenture holders are the _ of the
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