Company has 10000 shares, issued dividend of 10rs, tax 25%
what is total net profit ?
Answers were Sorted based on User's Feedback
Answer / giri
Net profit cannot be ascertained because it is not given
that how much %age of net profit is given as dividend and
how much is retained back by the companies. But if all the
amount of net profit is distributed as dividend then Net
profit before tax is 1,25,000 and net profit after tax is
1,00,000 if there is no preference dividend.
Is This Answer Correct ? | 8 Yes | 3 No |
Answer / vindraj
Hi Guys... Jus to add to Giri's answer:
The dividend is paid after tax is Rs. 1,00,000
(10,000 shares @ Rs.10 per share)
Tax @ 25% (1,00,000 x 25/75) Rs. 33,333
Profit before tax: Rs. 1,33,333
Is This Answer Correct ? | 5 Yes | 2 No |
Expand---------EDP
EXPAND___________LCD
what is outstanding expenses
if an employee get 10000 per month what is his da,ta,pf,hra,it,esi percentage?
What is Goods Lost by Fire/Accident/Theft ?
what is Reverse Repo Rate?
4 Answers ICICI, Nabard, SEBI, State Bank Of India SBI,
are you in need of accounting interview book. pl ask me with your e-mail for free book
Feature of Master letter of credit of Garments manufacturing company?
what is deffered revenue expenditure?
call options?
What do you mean by pecuniary transaction?
what is the reserve capital