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Q. Accounting Principles Board ?
Accounting Principles Board (APB) -senior technical committee of AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (AICPA) that issued pronouncementson accounting principles from 1959-1973. APB was replaced by FINANCIAL ACCOUNTING STANDARDS BOARD (FASB).
Analytical way of viewing financial problems of a firm The new approach is an analytical way of viewing financial problems of a firm. The main contents of this tactic are what
The following are considered the major stumbling blocks: The process becomes expensive because of the stamp duty payable. It also
Q. Explain career counselling process? The career counselling process should contain the following elements: a. The employee's should goals, aspirations and expectations wit
Example: - Two firm U as well as L is identical in every respect except that U is unlevered and L is levered. L has Rs. 20Lakh of 8% debt outstanding. The net operating income of b
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Explain Swap Dealer A swap dealer is a market maker of swaps and predicts a risk position in matching opposite sides of a swap and in making sure that every counterparty fulfil
The payment that the issuer makes to the bondholder can be in any currency. The contract at the time of bond issue between the issuer and the investor can specify
Given the following information, find the Weighted Average Cost of Capital (WACC). Assume the corporate tax rate is 35%, and give an answer based on market values of debt and equi
There are fixed as well as floating rate asset-backed securities. A floating rate asset-backed security is one whose underlying pool consists of loans or receivab
evaluate the importace of leverage in financial management of a small scale company
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