Introduction of the term Listed Company
Give a brief introduction of the term ‘Listed Company’?
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Promoters in the listed company partake either at least of twenty percent of proposed issue or holding the post-shares to the extent of twenty percent of the post issue capital. In this the partaking of the promoter is completed when the issue is being passed publicly.
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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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