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Concentration Banking
Firms along with regional sales outlets can designate specific of these as regional collection centre. Customers during these areas are necessitated to remit their payments to these sales offices that deposit these receipts in local banks. So Funds in the local bank account in excess of a particular limit are then transferred or via wire to the firms concentration or main bank.Concentration banking decreases the amount of time such elapses among the customer's mailing of a payment and such the firm's receipt of that payment.
List and describe the three career opportunities in the field of finance. Finance has three major career paths that are financial management, financial markets and institutions
Weaknesses of WACC as Discounting Rate WACC/Overall cost of capital has the following problems like a discounting rate as: It can simply be used as a discounting
How much
Benefits of Payback Period 1. use simply and understand and it has created it popular among in ascertaining the viability of venture executives, mainly traditional financial m
A current radio advertisement states that the average American household has an average credit card debt of $25,000. Based on an APR (Annual Percentage Rate) of 18% (common for cre
Constant amount per share or fixed D.P.S. 1. The DPS is fixed in total amount of irrespective of the earnings level. These generate certainty and are consequently preferred vi
Ask question #MinimQuestion You are the financial accountant of Donald Bhd, a manufacturer and wholesaler of soft drinks. Donald Bhd is in direct competition with Fizz Bhd and Po
models of solving externalities in 1) external sector 2)private sector
Advantages of Bonus Matter a) Tax advantages Shareholders can sell new shares, and create cash in form of capital gains such is tax exempt unlike cash dividends wh
Benefits Ordinary Share Capital - Financing Benefits of using ordinary share capital in the financing They facilitate projects particularly long-term projects since they
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