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Working capital is a necessary requirement for any type of business activity. Banks in India nowadays constitute the main suppliers of working capital credit to any type of business activity. Recently, though, several term lending financial institutions have also declared schemes for working capital financing.
Bank Overdrafts
Short-term borrowing of the type made available principally through the clearing banks in the appearance of overdrafts is extremely flexible. While the borrowed funds are no longer needed they can quickly and easily be fast. This is also comparatively inexpensive. The banks will enforce limits on the amount they can lend.
Significance points of Variance The following significant points must be kept in mind: Controllability: Controllability should also influence the decision whether t
Replacement cost It is the cost of replacing a material or asset, by purchase from the current market. If an X material was originally purchased @ Rs. 250 per Kg. And know i
1. Explain the modern control methods with examples. 2. What are the reports produced for performance measurement? Demonstrate.
The Search for Alternative Courses of Action The second stage of the decision-making model is a search for a range of possible courses of action (or strategies) that might enab
How much would each be required to contribute to the QPP in 2011 based on their $70,000 salaries? Please show your calculations. How much pension income would each have receiv
Ordering Costs These are incurred in getting purchased items into the company’s inventory or stores, and usually consist of clerical costs of: • Making the purchase demand.
John Doe, MD A Business Simulation This simulation covers the transactions completed by John Doe, MD, a medical service business, which began on July 1 of the current year. Dr. D
Advantages and Disadvantages
JIT purchasing arrangements JIT philosophy also extends to adapting JIT purchasing techniques whereby delivery of material immediately precedes their use. By arranging with sup
State the price determination under the market condition The price determination under the following market condition is as follows: 1) Pure competition: in this situation
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