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What is Meant by Trading on Equity? - Business Studies

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प्रश्न

What is meant by Trading on Equity?

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उत्तर

Trading on equity is a practice wherein the proportion of debt in the capital structure is increased such that the earnings per share increase.

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संबंधित प्रश्‍न

What is meant by Capital Structure?


Explain the following as factor affecting the choice of capital structure:

Cash flow position


Explain the following as factors affecting the choice of capital structure:

Cost of equity


Explain the following as factor affecting the choice of capital structure:

Floatation costs


Explain the following as factors affecting the choice of capital structure:

Stock-Market conditions


Explain the following as factors affecting the choice of capital structure:

Risk Consideration


Explain the following as factors affecting the choice of capital structure:

Control


Write notes on Capital structure and its components. 


What is meant by capital structure?


Sunrises Ltd. dealing in readymade garments, is planning to expand its business operations in order to cater to international market. For this purpose the company needs additional Rs. 80,00,000 for replacing machines with modern machinery of higher production capacity. The company wishes to raise the required funds by issuing debentures. The debt can be issued at an estimated cost of 10%. The EBIT for the previous year of the company was Rs. 8,00,000 and total capital investment was Rs. 1,00,00,000. Suggest whether issue of debenture would be considered a rational decision by the company. Give reason to justify your answer. (Ans. No, Cost of Debt (10%) is more than ROI which is 8%).


“Capital structure decision is essentially optimisation of risk-return relationship.” Comment.


Write the internal factors influencing Capital Structure.


Owned Capital Borrowed Capital


Financial leverage is called favourable if : 


______ refers to a situation when a company is not able to meet its fixed financial charges.


Which component of capital structure determines the overall financial risk?


Assertion (1): Higher the flotation cost, less attractive the source.

Reason (R): The choice between the payment of dividend and retaining the earnings is, to some extent, affected by the difference in the tax treatment of dividends and capital gains.


When the proportion of debt and equity is such that it results in an increase in the value of equity share the ______ is/are said to be optimal.


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