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The Morris Corporation has $ 600,000 of debt outstanding, and it pays an interest rate of 8% annually. Morris’s annual sales are $# million, its average tax rate is 40% and its net
Fixed Asset and Total Asset Turnover Ratio Fixed asset turnover = Annual Sales / Fixed Assets This ratio indicate the efficiency along with which, the fixed assets we
1 st bank offers you a car loan at an annual interest rate of 10% compounded monthly. What effective annual interest rate is the bank charging you? Solution - Calculate
Proforma Balance Sheet This refers to the projected balance sheet at the finish of forecasting period. The items in the proforma balance that vary with sales would be determi
what is the importance of public expenditure
why prospective buyers need to see accounting information
Define the term Placement - Methods of Floating New Issues Under this method, issue houses or brokers purchase the securities outright with the intention of placing them wi
Evaluate the probability of 10 or more customers arriving within 2 hours if on average 7 customers arrive within one hour. Customers arrive independently.
traditional financial management are concerned with raising funds and optimum utilisation.do you agree?explain.
Sources of Funds - Finance Venture capital, with combining risk financing along with marketing assistance and management, could become an effective instrument in fostering dev
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