denomination of shares in public issue
Who make decisions on the denomination of shares in the public issue by a company?
Expert
There are many conscientious personalities who take the decision in the denomination of shares in public issue of the company and they people are illustrated below:- i). Company directors: take decision on the base of the return and profits of the company. They as well get involved in the discussion where they see all the positives and negatives regarding the issue which is having with the company. ii). Company secretaries: company secretary can be also named as joint secretary of the company as it is a person who appears to the directors to have the information and capability to fulfill the works of a secretary.
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Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
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