User Account

All Pages

Explain whether ras bhd can pay a cash dividend

Assignment Help Accounting Basics
Reference no: EM131816562

RAS Bhd was incorporated in 1999. The company has suffered revenue losses exceeding RM10 million over the last three years. Karful the managing director of RAS Bhd, seeks your advice on the following matters:

a) Explain whether RAS Bhd can pay a cash dividend to its members by utilizing funds available in its share premium account?

b) Explain the legal position under the Companies Act 1965, if it is discovered that RAS Bhd has paid a cash dividend out of capital.

Reference no: EM131816562

Questions Cloud

What is acxioms privacy policy : According to the Web site, what is Acxiom's privacy policy? Are you reassured by its policy? Why or why not?
Determining the normal distribution : On an exam with scores that followed a normal distribution, a student's z-score was 1. What percentage of students scored better than he did?
What is the present value of the interest tax shield : What is the present value of the interest tax shield, assuming its risk is the same as the loan - Suppose Arnell pays interest of 6% per year on its debt
Percentage of students scored worse : On an exam with scores that followed a normal distribution, a student's z-score was 2. What percentage of students scored worse than he did?
Explain whether ras bhd can pay a cash dividend : Explain whether RAS Bhd can pay a cash dividend to its members by utilizing funds available in its share premium account
Which dbms product is the fastest : Which DBMS product is the fastest? Which product yields the lowest price/performance ratio?
Certain population of smokers : In a certain population of smokers, the number of cigarettes smoked per day followed a fairly normal curve with a mean of 15 and a standard deviation of 6.
How can divorced parents co-parent in non-dysfunctional way : How can divorced parents co-parent in a non-dysfunctional way? How has this particular piece of legislation impacted families and women?
Physical characteristics for specific age : Keep in mind that certain distributions, such as exam scores or some physical characteristics for specific age and gender groups

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd