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Wealth Maximisation Decision Criterion
This is also called as value maximisation or net present worth maximisation. Presently academic literature value maximisation is almost universally accepted as an appropriate operations decision criterion for financial management decisions as it removes technical limitations that characterise earlier profit maximisation criterion. Its operational features satisfy all three requirement of a suitable operation objective of financial courses of action, namely, quality of benefits, exactness and time value of money.
Banks and brokerage firms are measured financial centers
An offer given by charitable trust to develop and build a facility on a 10000 sqmt of plot in a prime locality of pune where 5000 sqmt of area will be used by the trust for housing
Absolute Performance Standard is a method of measuring an organization's development and how effective and efficient it is at operating its business. The absolute performance stand
What is Control risk That material misstatement could take place and not be detected, or prevented on a timely basis, by accounting and internal control systems. All audits
How is present value influenced by a change in the discount rate? Present value is oppositely related to the discount rate. Alternatively, present value moves in the reverse dire
what business organization do you preffer ? service concern,trading concern or manufacturing concern
ICEQ'sgo beyond ICQ's Discover whether error or fraud is possible. Concentrates on significant frauds or errors which might be possible and so only a handful of key con
Dev's Spa has cash of $50, accounts receivable of $60, accounts payable of $200, inventory of $150 and accured expenses of $100. What will be the value of the quick ratio?
TYPES OF FINANCE FUNCTIONS/ DECISIONS The most main decisions in finance relate to procuring funds, investing them in profitable projects or assets, operate for the year and a
The process of valuing a callable bond is similar to that of an option-free bond, except for one thing - when the call option may be exercised b
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