The market value of each share of X Ltd company is ₹40, and its equity share capital is ₹400 crores comprising of shares of face value of ₹100 each. The market value of the company is

CS Executive · Financial and Strategic Management · PYQS · December 2023
The market value of each share of X Ltd company is ₹40, and its equity share capital is ₹400 crores comprising of shares of face value of ₹100 each. The market value of the company is
(A) 16000 lakh
(B) 1600 lakh
(C) 1 lakh
(D) 16 lakh

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Management

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