Limited Shareholder Company Flashcards
1
Q
What is one feature of ordinary shares?
A
Can give votes towards decisions.
2
Q
Features of preference shares:
A
- 10% dividend.
- 10% of par.
- No vote.
- In the case of liquidation, money will be taken first.
3
Q
What is the formula for Dividend?
A
Number of shares x par value.
4
Q
What is additional paid on?
A
Capital and shares premium.
5
Q
What is the formula for shares premium?
A
Shares premium = market value - par value.
6
Q
What is the formula for retained earnings?
A
Total share value x value per share
7
Q
If an asset has been revalued, the difference in value wold be recurred as what?
A
Revaluation reserve (unrealised profit).
8
Q
What are bonds?
A
Bonds mean debentures. The company pays back the money invested.
