To cause any share to be composed of property different in kind from any other share and to make pro rata and non pro rata distributions
can you please explain to me what pro-rata means regarding my holiday entitlement
In means 'in proportion'. For example, if money is given out pro rata, every one gets an equal share
A pro rata salary means you are earning a percentage of that yearly salary. For example if your pro rata salary was $16k and you worked 50% of full time hours you would earn $8k.
A dividend is a stockhder's share of the profits from the company. This is paid pro-rata to the stockholders in either cash or more shares.
Pro - rata allotment of shares is opted by the Company when there is an over-subscription. The excess application money is adjusted towards the sum due on allotment. We calculate the amount of Pro - rata in the following way: Suppose X Ltd invited applications for 1,00,000 shares and received applications for 1,50,000 shares. In this case the pro - rata is calculated as 1,50,000/1,00,000 = 3:2. Hence the Pro - rata is 3:2.
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It's two words, and means 'in proportion'. If twenty sausages cost £10 then you'd pro rata to find the cost of 123 of them
This question is nonsense.
It means in direct proportion.
To calculate pro rata bonus percentages you need to determine how you want to prorate the amount and how much you need to prorate. Online pro rata calculators are the easiest way to calculate percentages.