Question 59 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
59. A company has a loan of 50,00,000 as a part of its capital employed. The interest payable on the loan is 10% and the return on investment is 15%. Assuming that the rate of income tax is 50%, calculate the amount of gain to the shareholders because of the loan obtained by the company.
The solution of Question 59 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
| Amount of loan = 50,00,000 | |
| Return on investment = 15% of 5,00,000 | 7,50,000 |
| Less: interest paid on loan (10% of 50,00,000) | 5,00,000 |
| 2,50,000 | |
| Less: rate of income tax (50% of 2,50,000) | 1,25,000 |
| Amount of gain to the share holders | ₹1,25,000 |
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Accounting Ratios – Meaning and Definition
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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