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Q. What do you know about sinking funds?
sinking funds : quite often, one may be interested to accumulate a target amount over a given period inclusive of interest for the period of such a way that the annual amount being subscribed over the period over the is same for all years. In the case of a business firm, a finance manager may be interested in the accumulate a target amount in order to replace an asset or in ordered to repay at the end of the a specific .period. in this case the annual accumulation by the finance manager in fact become the annuity for a given a period where each of the annual manager in fact of the become the annuity of the for a given period where each of the annual manager of fact become the annuity for a period where each of the annual subscription will be invested for the remaining period so that the total accumulation at the end of the given period is equal to the target amount for example : an amount of Rs 100000 is required at the end of the 5 year for now to repay to debenture liability what amount should accumulated for every year at the 10% rate of interest so that it ultimate become Rs 100000 after 5 years ? This can be ascertain by finding out the value of the annuity amount.
Q. What do you signify by Cash? Cash :- For the motive of cash management the term cash not only includes cheques, bank drafts, coins, currency, notes, demand deposits with ban
Balance Sheet Equation Concept The Historical Cost Concept needs support of two other concepts for practical reasons, viz. (i) The Money Measurement Concept (already discus
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Calculate the expected rate of return and risk of return
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can u tell me the various approaches followed by FMCG Companies in test markets
State about the Internal Benchmarking Compare an internal function to 'the best internally' within same organisation for example different methods of cleaning used by hospit
Clean Opinion - AUDIT opinion not qualified for any material scope restrictions nor departures from GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). Also called UNQUALIFIED OPINION
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