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Q. What is Certified Financial Planner?
Certified Financial Planner (CFP) - Individuals who are trained to develop and implement financial plans for businesses, individuals and organizations, utilizing knowledge of income and estate tax, investments, retirement planning and risk management analysis. CFPs are certified after completing a series of requirements which involve education, ethics, experience and an exam. CFPs aren't regulated by a governmental authority.
What is the annual tax shield to a firm that has total assets of $80 million and a net worth of $55 million, if the average interest rate on debt is 8.5% and the marginal tax rate
Q. Basic objectives of cash management? The basic objectives of cash management are two-fold: 1) To meet the cash disbursement needs (payment schedule); and 2) To minimize f
Market price is used for determining the duration of a mortgage-backed security in the coupon curve duration. This approach to calculate the duration of mortgage-bac
waht are the basic functions of profit & loss account
Q. Show Certificates of Deposits? Certificates of Deposits: Certificate of deposits is papers issued by banks acknowledging fixed deposits for a specified period of time. CPs i
Q. Show Limitations of Profit maximization? The Profit maximization criterion is criticized on the following grounds: i) Quality of Benefits: Profit maximization approach ig
Going Concern in Financial Management Going concern means in which business activities will continue for a fairly long period of time unless and until the business has entered
Credit Markets: The financial system enables supply of funds to support purchase of goods and services and to finance capital investments. In this way, it provides funds both t
limitations of using a periodic inventory system
Q. What do you mean by Accrued Expenses? Accrued expenses are the expenses which have been incurred but not yet due and hence not yet paid also. These simply represent a liabil
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