3 Questions
Match the following with their respective values:
Total number of equity shares issued = 50,000 Total applications received = 40,000 Marked applications = 25,000 Unmarked applications = 15,000
Match the underwriters with their respective liabilities:
P = 15,000 shares Q = 12,000 shares R = 13,000 shares Unmarked applications = Distributed in the gross liability ratio
Match the underwriting percentages with the underwriters:
P = 40% Q = 30% R = 30% Unmarked applications = Distributed in the gross liability ratio
Test your understanding of underwriting liabilities with this quiz. Calculate the liabilities of underwriters P, Q, and R for a company that issued 50,000 equity shares and received marked applications from P, Q, and R. Learn to distribute unmarked applications based on the gross liability ratio.
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