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Q. What do you understand by Business cycle?
Business cycle: business cycle refers to the alternate expansion and contraction in the general business activity. in a period of the boom when the business is prosperous there is a needs of the large amount of the working capital of the due to increase in the sales rise in the prices . optimistic expansion of the business. on the contrary in the time of the depression when there is a down swimming of the cycle, the business contractor and the sales rise in the pries expansion of the business etc. on the contracts sales decline difficulties are faced in the collection from debtors and firms may be a large amount of the working capital lying idle.
critically appraise baumol max. theory as an alternative objective of the firm
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The calculations for the cash flows Actual amount of cash paid or received during the period needs to be established. This can get quite tricky as there would be accruals
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At the end of the fiscal year ending June 30, 2003, Microsoft reported common equity of $64.9 billion on its balance sheet, with $49.0 billion invested in financial assets (in the
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Securitization -Source of financing whereby an entity's ASSETS (characteristically mortgage loans, lease obligations or other kinds of RECEIVABLES) are placed in a special purpose
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