Q. Consider the below mentioned statements: 1. A company is considered to be overcapitalised when its actual capitalisation is lower than the proper capitalisation as warranted by the earning capacity 2. Both over-capitalisation and under-capitalisation are detrimental to the interests of the society. State True or False: (Solved)
1. 1-True, 2-True
2. 1-False, 2-True
3. 1-False, 2-False
4. 1-True, 2-False
- b. 1-False, 2-True