A firm sells new shares worth 1000 direc...

A firm sells new shares worth 1000 direct to individuals. This transaction will cause :

Gross National Product to rise by Rs 1000

Gross Domestic Product to rise by Rs 1000

National Income to rise by Rs 1000

No impact on Gross National Product

Text Solution

Verified by Experts

The correct Answer is:

Similar Questions

Explore conceptually related problems

Mr. Lohia invests Rs 26680 in buying Rs 50 shares at a discount of 8%. He sells shares worth Rs 15000 at a premium of 6% and the rest at a discount of 10%. Find his total gain or loss from the transaction

X and Y were partners in a firm sharing profits in the ratio of 5 : 3. With effect from 1st April, 2019 they agreed to share profits equally. Calculate the individual partner's gain or sacrifice due to change in ratio.

Rohit and Mohit are partners in a firm sharing profits in the ratio of 5:3. They admit Bijoy as a new partner for 1/7 share in the profit. The new profit sharing ratio will be 4:2:1. Calculate the sacrificing ratio of Rohit and Mohit.

A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. A new partner C is admitted. A surrenders 1/15th share of his profit in favour of C and B surrenders 2/15th of his share in favour of C. The new ratio will be :

(Premium brought in Kind). X and Y are partners in a firm sharing profits in the ratio of 3 : 2. On 1st April, 2019, they admit Z as new partner for 3/13th share in the profits. New ratio will be 5 :5 :3. Z contributed the following assets to his capital and his share for goodwill: Stock RS 80, 000, Debtors RS 1,20,000, Land RS 2,00,000, Plant and Machinery RS 1,00,2000. On the date of admission of Z, goodwill of the firm was valued at RS 10,40,000, Pass necessary Journal entries in the books of the firm on Z's admission.

(Premium for Goodwill withdrawn Partially). A and B were partners in a firm sharing profits in the ratio of 4 : 3. They admitted C as a new partner for 3/7th share in the profits of the firm. New profit-sharing ratio will be 2 : 2 : 3. C brought RS 2,00,000 as his capital and RS 60,000 for his share of premium for goodwill, half of which was withdrawn by A and B from the firm. Calculate sacrficing ratio and pass necessary Journal entries in the books of the firm for the above transactions.

An individual decided to sell 1 share of C and 1 share of D to buy 1 shae of a at the endd of the month. What can be the individual's greatest gain from his decision, due to share value changes ?

A firm sells new shares worth 1000 direct to individuals. This transaction will cause :

Text Solution

Similar Questions

Recommended Questions