Explain the term Intra Bank Rate in your own way

Assignment Help Accounting Basics
Reference no: EM133015073

Question -

Q1. Mr. Tariq is planning to do a business of selling building materials. He wants to open a bank account for his business in Bank Muscat, Nizwa Souq branch. On the role a branch manager, what type of account will you suggest him to open on his name of the business? What are the benefits that Mr. Tariq will avail from such type of an account?

Q2. Explain the term 'Intra Bank Rate in your own way.

Reference no: EM133015073

Questions Cloud

At what volume of output two alternatives yield same profit : Annual fixed costs would be $36,000 for A and $31,000 for B; At what volume of output would the two alternatives yield the same profit (or loss)
What are the February purchases : Florida Co. has projected sales to be P60,000 in January, P75,000 in February, and P80,000 in March. What are the February purchases
What your personal retirement strategy will be going forward : How much do you need to save to reach a savings goal of $10,000 in 5 years if it is invested at 2% interest? (assume you have $0 in savings at this time)
Assess the outcome probability with confidence : When several states of nature exist and a manager cannot assess the outcome probability with confidence or when virtually no probability data are available, the
Explain the term Intra Bank Rate in your own way : Explain the term 'Intra Bank Rate in your own way. What are the benefits that Mr. Tariq will avail from such type of an account
Do you think unions are beneficial or harmful : Do you think unions are beneficial or harmful to employees in government agencies? Why?
Rostering staff regarding compliance : Outline/discuss the key elements that apply to rostering staff regarding compliance with awards and enterprise agreements relating specifically to leave entitle
What account is never affected by the adjusting process : What account is never affected by the adjusting process? Why? Please provide examples. Why do companies make adjusting entries
What would be the incremental effect on the company profit : What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as is as scrap

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd