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Q. Classification of Working Capital?
Classification of Working Capital: - Working Capital is able to be classified in two ways firstly on the basis of concept and secondly on the basis of its need.
(1) On the Basis of Concept: - Based on this working capital may be of two types:
(i) Gross Working Capital
(ii) Net Working Capital
(2) On the Basis of Need: - On this basis as well working capital may be of two types:
(i) Permanent Working Capital
(ii) Temporary Working Capital.
The total return in case of mortgage-backed and asset-backed securities depend on the projected principal repayment and the interest earned on r
theory
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Presently, the spot exchange rate is $1.50/£ and the three-month forward exchange rate is $1.52/£. The three-month interest rate is 8.0% per year in the U.S. and 5.8% per year in t
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