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Define the term- profit
The term "profit" can be used in two senses. As an owner-oriented concept it refers to amount and share of national income that is paid to owners of business, which is, those who supply equity capital. As a variant it's termed as profitability. It's an operational concepts and signifies economic efficiency. Or we can say, profitability refers to a situation where output exceeds input, which is, value created by the use of resources is more than the total of input resources.
Explain how earnings available to common stockholders and common stock dividends paid from the current income statement affect the balance sheet item retained earnings. The cha
Why auditors need to attain audit evidence When significant fluctuations/unexpected relationshipsare identified which are inconsistent with other relevant information or t
Exam technique for analysing performance The below steps must be adopted when answering a question on analysing performance: Step 1 Review figures as they are and commen
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International bonds are divided into two categories namely, foreign bonds and euro bonds. Foreign bonds are issued by a borrowing company in another
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Calculate the sustainable growth rate
Case Study based on Financial Statement Analysis of Hatsun Agro Private Limited 800x600 Normal 0 false false false EN-IN X-NONE X-NONE
Explain how the special drawing rights (SDR) is constructed. Also, discuss the circumstances under which the SDR was created. Answer: SDR was made by the IMF in 1970 as a new r
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