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Explain and critically evaluate :
a) The relevance of committed fixed costs in deciding the optimal mix of products to maximum a company's profit and the importance of relevant information for decision making purposes
b) The use of budgets as a means of planning and controlling the various business activities
Accounting Framework - Convention of Materiality Materiality means relative significance. In other words whether a matter should be disclosed or not in the financial statement
Trade credit is free credit. Do you agree or disagree with this statement? Explain. No the Trade credit is not free. It comprises a cost. Who bears that cost relies on the te
Question: In each case below and having regard to your knowledge of Accounting Concepts, comment on and assess the validity of the accounting implications/practices to be adop
Q. Describes Net Operating Income Approach to Capital Structure? NOI (Net Operating Income Approach):- This is another speculation of capital structure which is propounded by '
Corporate bonds are debt securities issued by private and public corporations. These bonds are issued to meet specific requirements like building a new plant, pur
Explain about the Valuing Securities Objective of any investor is to maximise expected returns from his investments, subject to various constraints, primarily risk. Return is m
We can measure the portfolio duration by calculating the weighted average of the duration of the bonds in the portfolio. The proportion of the portfolio that a se
given just the sales and profit values, how is the break-even sales calculated?
Strong form level of Efficiency This level states that price reflects all the available public and private information (past, present and future information). If the hypothesis
what is equity ?
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