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What is working capital?Working capital contains the current assets of the firm.
How are foreign exchange transactions between international banks settled? Answer: a network of correspondent banking relationships is known as the interbank market with large c
what is the relevance of virements to public sector accounting
Traditional Capital Budgeting Techniques These techniques are usually very simple and easily catchable. But the fundamental drawback of these methods is that they don't cons
#question how to collect real irr %..
An asset needed by the ABC Corp. can be purchased for $100,000. Maintenance and other ownership expenses will total $20,000 each year for the asset's expected 10-year life. On the
Break-Even Point The measure of products or services organizations must sell for its revenue from sales to equal its cost of production for the same number of units. Hence, se
E v aluation of bids and determination of the lowest evaluated responsive and qualified bidder You learnt how to receive and open bids in the previous sub section. Here you
Components of a Callable Bond A callable bond can be thought of as the sale of a call option by the investor to the issuer as it allows the issuer to repurchase the bond from t
FUNCTIONS / RESPONSIBILITIES / CHALLENGES FACING THE FINANCE MANAGER Today's finance manager is facing a lot of challenges, which are the direct result of the dynamic growth in
Cash management is about managing excess cash also. The response of management must depend on whether the surplus is large and how long it is likely to exist. If the balance is
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