Owned Capital and Retained Earnings Quiz
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Questions and Answers

What is the term used to describe the small parts into which the total capital of a company is divided?

  • Fund
  • Bonds
  • Shares (correct)
  • Stocks
  • What is the term used to describe the value of each share in a company?

  • Market value
  • Face value (correct)
  • Net worth
  • Book value
  • What is the term used to describe a person who purchases shares of a company?

  • Shareholder (correct)
  • Trader
  • Investor
  • Banker
  • What document represents the ownership of shares in a company?

    <p>Share certificate</p> Signup and view all the answers

    What type of value is written on the share certificate and mentioned in the text?

    <p>Face value</p> Signup and view all the answers

    In which form is a share shown if it is not in physical paper form?

    <p>Demat share</p> Signup and view all the answers

    What is another term for owned capital?

    <p>Shareholders' capital</p> Signup and view all the answers

    Which form of owned capital involves reinvestment of profits by the company?

    <p>Retained earnings</p> Signup and view all the answers

    When is owned capital returned back to shareholders?

    <p>Only at the time of winding up of the company</p> Signup and view all the answers

    Which term refers to the initial source of capital for a new company?

    <p>Share capital</p> Signup and view all the answers

    What is the term used for the share capital decided by the promoters of a company?

    <p>Authorised capital</p> Signup and view all the answers

    According to Section 2 (84) of the Companies Act 2013, what is the definition of a share?

    <p>A unit of stock in a company</p> Signup and view all the answers

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