Question: How is liquidator's remuneration calculated using Percentage On Amount Distributed To Equity Shareholders method?
Answer: For the calculation of this commission, firstly the amount available for equity shareholders should be ascertained.For finding out the amount available for equity share holders, the following equation can be used: Amount available = Total receipt - Total Payment ( up to the payment made to preference shareholders) If the amount available is sufficient for the payment of equity share capital amount: Commission = Equity share capital amount X Commission rate/100 If the amount available is not sufficient: Commission = Amount available X Commission rate/100+ Commission rate.
Question:
How is liquidator's remuneration calculated using Percentage On Amount Distributed To Equity Shareholders method? Answer:
For the calculation of this commission, firstly the amount available for equity shareholders should be ascertained.For finding out the amount available for equity share holders, the following equation can be used: Amount available = Total receipt - Total Payment ( up to the payment made to preference shareholders) If the amount available is sufficient for the payment of equity share capital amount: Commission = Equity share capital amount X Commission rate/100 If the amount available is not sufficient: Commission = Amount available X Commission rate/100+ Commission rate. Source: CoolInterview.com
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