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Q. Describe about Permanent Working Capital?
Permanent Working Capital: - The requirement for working capital fluctuates from time to time. Nevertheless to carry on day-to-day operations of the business without any obstacles, work-in-progress, a certain minimum level of raw materials, finished goods and cash must be maintained on a continuous basis. The amount essential to maintain current assets on this minimum level is called permanent or regular working capital.
DEFINITION OF BUDGETARY CONTROL As per the ICMA, BUDGETARY CONTROL is the establishment of budgets, relating the tasks of executives to the requirements of a policy, and the c
Explain about the International Finance When money crosses international boundaries businesses,individualsand governments should deal with special kinds of problems. Every c
Considerations before a MBO An MBO is just like any other take over and same consideration must be applied. (i) Potential of the business. Is it worth buying? What does the
Describe the sales forecasting process. Sales assumptions are a group effort. Marketing and Sales personnel usually provide assessments of demand and the competition. Producti
What is Inventory turnover The shortcoming of this ratio is that average calculation based on beginning and year-end inventory may not represent actual average in year. Other l
Determine the term- Profit before taxation and interest Profit before taxation and interest can also be used here in addition to profit for the period. Whichever figure is tak
Joe's ice cream stroe has to decide whether to shut down this winter or stay open. His projected revenue is $1,200 per week. He has fixed costs (Mortgage, taxes, insurance, etc.) t
In all previous illustrations, we assumed that coupon payments are paid on annual basis. However, most of the bonds carry interest payment semi-annually. Semi-ann
Geographical Classification of Mutual Funds : Nations' boundaries provide territorial restrictions on the sale and purchase of mutual fund units or shares as is the case in com
Q. Merits of Wealth Maximization Approach? Merits of Wealth Maximization Approach:- The wealth maximization schema is superior to the profit maximization approach because:
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