Interested to Buy Any Domain ? << Click Here >> for more details...
what is holding company?
- 23 Answers
- 43674 Views
- Capital IQ, General Petroleum, Joint Stock Company, I also Faced
- E-Mail Answers
Answer Posted / rupesh kr pandey
A holding company is a company or firm that owns other
companies' outstanding stock. It usually refers to a company
which does not produce goods or services itself; rather, its
purpose is to own shares of other companies. Holding
companies allow the reduction of risk for the owners and can
allow the ownership and control of a number of different
companies. In the US, 80% or more of stock, in voting and
value, must be owned before tax consolidation benefits such
as tax-free dividends can be claimed
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
how to prepare mba finance for interview questions
How do you manage the sales account in tally
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
What is PE ratio formula ?
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico
Expand-------CAN
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
What is the procedure to take loan
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
Which document should be attached with purchse & sales invoice?
write about an e-mail to manager seeking permission for leave
which are the basic princeples of accountancy... with examples
Have you worked with other on team endeavors
