Practice Types of Shares - 2.2.1 | Chapter 2: Joint Stock Company Accounts | ICSE Class 12 Accounts
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the main difference between equity and preference shares?

πŸ’‘ Hint: Think about their dividend structure.

Question 2

Easy

Define Face Value.

πŸ’‘ Hint: Consider what is printed on the share certificate.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What type of shares do not guarantee fixed dividends?

  • Equity Shares
  • Preference Shares
  • Debentures

πŸ’‘ Hint: Consider the nature of the dividends.

Question 2

True or False: Preference shareholders have priority in dividend payments over equity shareholders.

  • True
  • False

πŸ’‘ Hint: Reflect on the order of payments.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A company has 5000 equity shares of β‚Ή10 each and declares a total dividend of β‚Ή20,000. Calculate the dividend per share.

πŸ’‘ Hint: Think of the total payout divided by the number of equity shareholders.

Question 2

If a company issues preference shares at β‚Ή100 each with an 8% fixed dividend rate and it has 1,000 shares outstanding, how much total dividend must the company declare?

πŸ’‘ Hint: Use the fixed rate to calculate the total payout.

Challenge and get performance evaluation