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EQUITY

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

What is the definition of Capitlized transaction fee method?

a)

Transaction Fee is excluded on equity cost

b)

Transaction Fee is included on equity cost

c)

Transaction Fee amortized on equity cost

2.

What is the definition of Non Capitalized transaction fee method?

a)

Transaction fee id recorded separately on other payable

b)

Transaction fee is included on equity cost

c)

Transaction fee is recorded separately on transaction fee expense

3.

How many shares is 1 lot?

a)

100

b)

500

c)

200

4.

What is the correct statement of withholding tax broker below?

a)

2% from gross amount

b)

2% from broker fee

c)

2% from total transaction fee

5.

What is the correct statement below on calculating nett settlement on purchase transaction

a)

(price*quantity) - transaction fee + withholding tax broker

b)

(price*quantity) + transaction fee + withholding tax broker

c)

(price*quantity) + transaction fee - withholding tax broker

6.

What is the correct statement below on calculating average cost of security?

a)

(total cost nav before + total cost buy) / (Quantity before + Quantity buy)

b)

(total cost nav before + total cost sell) / (Quantity before + Quantity sell)

c)

(total cost buy + total cost sell) / (Quantity buy + Quantity sell)

7.

What is normal settlement date for equity transaction?

a)

3 days

b)

2 days

c)

1 day

8.

For Question 8 - 10 please answer from this case below:

(you may take notes on below information)

Reksadana ABC buy equity shares ASSA as 600 shares with nominal IDR 3,326.666667.

Broker commission as amount IDR 2,486.00.

Levy as amount IDR 858.00

What is total amount of WHT23 broker fee?

a)

50

b)

47.89

c)

48.89

9.

Please calculate total transaction fee.

a)

4,000

b)

3,500

c)

3,593

10.

Please calculate net settlement amount

a)

1,999,543

b)

2,010,000

c)

1,980,000