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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.
Municipal Securities are debt securities issued by a State, Municipality or a County in order to finance its capital expenditures. These securit
1. Why do the banks borrow funds, besides accepting deposits? Discuss in detail the various sources from where banks can borrow funds within India.
X & Y is desirous to purchase a business and has consulted you, and one point on which you are asked to advice them, is the average amount of working capital which will be required
Source documents of an accounting system: Source documents are those documents that identify the particular transaction that is being recorded. They act as an internal control
Discuss the applicability ofan operating cycle in a poultry business(consider broilers)
Cash Books (Cash Payments and Receipts Journals) Cash books are the names given to the Cash Receipts Journal and the Cash Payments Journal. They are used to record the flow of
Define the importance of mutual funds in the investment intermediaries. Mutual funds: Mutual funds pool resources by several companies and individuals and invest these re
Extendible reset bonds are floaters in which the issuer is required to reset the coupon rate so that the issue will trade at a predetermined price (usually above
Forward Contracts: The origin of forward contracts is lost in history. Some authors suggest that, it was India where these contracts took birth, while some others suggest that
limitations of using a periodic inventory system
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