0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the function of a limited company?
A limited company (Ltd) is that which is limited by shares and listed on the stock market. Its function is ultimately to make profit for its shareholders.
The difference between profit and wealth?
Profit is the amount made for as company on the sales of a product or service after taxeswealth can be an amount which is not earned i.e. lottery win, shares sold making money for shareholder, inheritance or accumulated wages from working
Bonus shares represent simply a division of corporate pie into alarge number of pieces explain?
Bonus shares are issued out of free reserves and balance in profit and loss account. These amounts get accumulated over a period of time. Such accumulation makes it a larger pie.These accumulated amount belong to the shareholders. These got accumulated instead of paying dividends. The larger pie is now distributed to the shareholders. Such a distribution is made on the basis of existing shareholding. Hence bonus shares is nothing but distribution of the larger pie to all by distributing them in small pieces in the ratio of the shares they hold.
What do you call a business in which many investors own shares?
PLC public limited company Other terms: - For profit C-corporation. - S-corporation.
What is the definition of a partner?
Someone who shares with you.
Can a pvt limited company be a partner in partnership firm?
Liability of a Pvt limited Company is limited - a mith. The fact is that liability of a share holder of a limited company is limited to the extent of value of the shares. In other words, the other assets of the shareholder can not attached for default of the company. So the liability of a limited company is limited to the assets of the company, not limited to the face value of the shares. On the other hand the partner of a partnership company has unlimited liability. i.e., the assets of the partner can be attached in case of default. Similarly, when a pvt limited company is a partner the liability of the company is unlimited and to the extent of assets of the company not to the assets of individual shareholders. So a limited company is a legal entity and can become a partner or proprietor of a firm.
How do you calculate profit earned per share?
divide the profit total by the number of shares
How did a sharecroppper work?
a tentent shares a profit for rent
Who owns shares in Qantas?
The shares of Qantas Airways Limited are owned by Australians.
What is a company limited by shares?
a company limited by share has no share capital.
What is Cumulative preferred?
preference shares has the preferred right to get profit or dividend from profit of the company every year. If company not pay the profit in any year even then in cummulative preference shares case profit for that year keep continues to add until it is paid on the other hand in case of non-cummulative preference shares if company not declare profit distribution for any year it will not add to next period.
What is the goal of financial decisions?
To make a profit or a bigger profit. To maximize the wealth of stockholders or price of the shares
