The device delivers a current of 15.0 A for 30 seconds, resulting in approximately 2.81 x 10^21 electrons flowing through it. This is calculated by first determining the total charge and then finding how many electrons contribute to that charge. The charge of a single electron is approximately 1.6 x 10^-19 C.
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To determine the disposal of profit for Bijlee Electric Co. Ltd., we need to follow the provisions of the Electricity (Supply) Act, 1948. Here is a step-by-step breakdown:
Profit Before Debenture Interest:
The company has earned a profit of Rs. 22 lakhs before charging debenture interest.
Calculate Debenture Interest:
The company has 10% Debentures worth Rs. 60 lakhs.
Interest = 60 lakhs × 100 10 = 6 lakhs .
Profit After Debenture Interest:
Profit after paying debenture interest = 22 lakhs − 6 lakhs = 16 lakhs .
Allocation of Profit:
Under the Electricity (Supply) Act, 1948, the profit can be allocated for several purposes. Here we consider the typical patterns:
Development Reserve:
This reserve is often renewed to support the development of the company. The act might require a specific portion to be allocated, or the company might decide based on its policy.
Reserve Fund:
Some amount will generally be transferred to various reserves like the Development Reserve, Contingency Reserve, and Tariff & Dividend Control Reserve.
Dividend Payment:
If the remaining profit allows after the required allocations, a dividend may be paid to shareholders.
Other Considerations:
The act also considers the RBI rate (8% in this scenario) for certain calculations related to the return on the rate base, but without full details, specific allocations cannot be made solely based on this context.
Overall, while exact amounts for each reserve depend on comprehensive company and legal guidelines, the basic steps ensure that profits are allocated to necessary reserves and for stakeholder returns as per legal requirements.