2.3.1 - Meaning
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Practice Questions
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What does a Joint Stock Company allow individuals to do?
💡 Hint: Think about collective ownership and investment benefits.
What is the difference between equity and preference shares?
💡 Hint: Consider how dividends are paid.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What are the two main types of shares in a joint stock company?
💡 Hint: Remember the characteristics of different share types.
True or False: Debentures represent a debt obligation of a company.
💡 Hint: Think about how companies borrow money.
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Challenge Problems
Push your limits with advanced challenges
A company wishes to raise ₹5,00,000 through equity shares at ₹50 each. If the company decides to issue shares at a 10% discount, calculate how many shares must be issued.
💡 Hint: Make sure to adjust the issue price when applying the discount.
A company issued 1,000 debentures at a 5% premium, with each debenture having a face value of ₹100. Calculate the total amount raised via debentures.
💡 Hint: Don’t forget to factor in the premium on each debenture.
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