Interested to Buy Any Domain ? << Click Here >> for more details...
What is the meaing of holding Holding company?Give one example?
- 3 Answers
- 7900 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / syed iliyas
The company which gain the authority to manage the other
company by creating its own board of directors by owning
the voting stock of 51% is called the holding company
| Is This Answer Correct ? | 14 Yes | 1 No |
Post New Answer View All Answers
plz can some one tel me "The concept of stock holder's equity and paid in capital".
What is the meaning of scrap value in accounting?
Explain me what is general ledger account?
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
What is "deposit in transit"?
Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.
Tell me what is gaap?
Who uses accounting?
How P/E ratio usefull to the different people?
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
How to pass an general entry for materials which are stored in warehouses??????
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
