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Types of Stock Markets 1. Over the Counter or OTC and Organised Exchange market This is whereas the selling and buying of securities is done through sellers and buyers ar
What is Bond Rate It is interest rate received on the face value or the par value of the bond. If a company or government issues a 10-year bond with 100$ as face value and 1
Price Earnings Ratio Price earnings (P/E) or ratio = Market price per share (MPS)/Earnings per share OR = Market value of equity /Ea
You need cash and FAST! You jump out of your car at a location known to have one ATM, but a history of a line. Usually you can expect to wait 200 seconds from the time you arrive
Lock-Box System In a lock-box system, the customer sent the payments to a post office box. The post office box is emptied with the firm's bank at minimum once or twice all bus
Question 1: Consider a 5-year $10,000 endowment assurance issued to a select life aged 30 under the following bonus schemes:- (a) Simple reversionary bonuses of 5% p.a., 6%i
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Business Ethics - Objectives of Business Entity Connected to the question of social responsibility is the matter of business ethics. Ethics are explained as the "standards of
Example of Miller-Orr Model XYZ's management has put the minimum cash balance to be equivalent to Sh.10, 000. The standard deviation of daily cash flow is of Sh.2, 500 and the
The information in the table below is available for a large fund-raising project. a. Determine the critical path and the expected completion time of the project. b. Plot the
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