Detailed information about a public offer of a company's shares is contained in the?
memorandum of association
article of association
letter of enquiry
prospectus
Correct answer is D
No explanation has been provided for this answer.
When shares are sold "EX-DIV" it means that?
no dividend is paid on the shares
the buyer receives the dividend
the seller receives the dividends
the stock exchange retains the dividend
Correct answer is A
No explanation has been provided for this answer.
Which of the following is an internal source of capital to a business concern?
Trade credit
Debenture
overdraft
Retain profit
Correct answer is D
No explanation has been provided for this answer.
The refund of a duty which had been paid on importation that are later re-exported is known as?
export tax
surtax
customs drawback
liquidation
Correct answer is C
No explanation has been provided for this answer.
An offer by one company to buy up all or greater part of another company's share is known as?
merger
take-over bid
absorption
liquidation
Correct answer is B
No explanation has been provided for this answer.