OMTEX CLASSES: No dividend can be declared without making provisions for reserves and depreciation.

No dividend can be declared without making provisions for reserves and depreciation.

Ans. True

Reasons: (1) Dividend is the return on share capital from the distributable profits of the company.

(2) Based on the rate of proposed dividend company is required to transfer a certain percentage to reserves as specified.

(3) E.g. Dividend of more than 20% of paid up capital entails a minimum of 10% of net profits to be transferred to reserves.

(4) Company may decide to transfer more than the stipulated rates voluntarily.

(5) Also, depreciation has to be provided for / from current / previous years profits.

These provisions help the company to become financially sound and solid.

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MATHS PART ONE SSC 10TH STANDARD VIDEO MAHARASHTRA ENGLISH MEDIUM

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CHAPTERS COVERED
1. LINEAR EQUATIONS IN TWO VARIABLES
2. QUADRATIC EQUATIONS
3. ARITHMETIC PROGRESSION
4. FINANCIAL PLANNING
5. PROBABILITY
6. STATISTICS

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VIDEO LECTURES OF (MATHS I) SSC NEW SYLLABUS.



Linear Equations in Two Variables



Quadratic Equation



Arithmetic Progression



Financial Planning



Probability



Statistics