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Q. Short terms working capital?
1) Indigenous bankers: private money leased and other country banking used to be the only source of finance prior to the establishment of the commercial bank they used charge every high rate of the interest and exploited the customer to the largest extent is possible . now a day with the develop of commercial bank they have lost their monopoly . but every today some business house have to depend on the indigenous bankers for obtaining loans to ,meet their working capital requirement
2) trade creditors: trade creditors refers to the credit extended possible Interest. The firm may lose sales also because of shortage of stock and tight credit policy of the firm. Thus there is a cost of illiquidity which increases with the less and less level of current assets. The optimum level of current assets can be determined by balancing the cost of liquidity and the cost of illiquidity. The optimum level is the point where the total cost is the minimum.
Q. What is Estate Tax? Estate Tax - Tax on the value of a DECENDENT'S taxable estate, usually defined as the decedent's ASSETS less LIABILITIES and certain expenses that may in
PEST analysis and its derivatives Such a process is required for an organisation to be continually aware of external factors within its general or industry en
At 31 July 2010 this instrument meets the definition of a derivative: Small or no initial investment. Its value is dependent on an underlying economic item; exchange ra
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A pharmaceutical company, named "XYZ", plans to deliver trials to three different clinics (C1, C2, and C3). The trials are used for the emergency treatments so XYZ must fulfill all
Assessment of in individual strengths and weaknesses Before finalizing career plan for an individual and placing him on career path, it is necessary to access his strengths and
QUESTION i) Discuss the Modigliani-Miller irrelevancy theorem for corporate capital structure. What assumptions underline the theorem? ii) What are the implications when the
discuss the applicability of an operation cycle in a vegetation business
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