Chapter 12 sample test
Calculate the total cash the First Corporation would receive if it issues 1,000
shares of $.02 par value per share common stock at a $9 market price per share.
The key to this problem is to recognize that the cash a company recei
and input VAT
Example of how to calculate output and input VAT
During a VAT period, Shop AS, which is registered in the VAT Register, purchases goods for NOK 62,000 including VAT. The
input VAT is NOK 12,400.
During the same period, the
Role of Financial Markets and Institutions
1. Financial markets that facilitate the flow of long-term funds with maturities of
more than one year are known as _.
a. money markets
b. capital markets
c. primary markets
d. secondary markets
2. Financial ma
After going through the chapter student shall be able to understand
Conceptual Framework including the distinct features of Money Market,
distinction between Capital and Money market etc.
PRINCIPLES OF BANKING
1) A bank accepts a deposit from a Corporate
The features of the deposit are:
i) accepted at a discounted value
ii) stamp duty is borne by the bank
iii)issued as usance promissory note
iv)TDS is not applicable