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Q. Explain what is Comprehensive Income?
Comprehensive Income - Change in EQUITY of a business enterprise during a period from transactions and other circumstances and events from sources not exposed in the incomestatement. Period includes all changes in equity besides those resulting from INVESTMENTS by owners and distributions to owners.
Elements of Financial Management: Financial management is the term given to the overall management of an organisation's finances. It includes a number of elements, or systems,
Disadvantages of IFRS 8 Reconciliations may be time consuming. Less comparable with other organisations, as every entity has a different way of running their business.
what is clientele effect?
Assume a bank charges a 15.5% APR (annual percentage rate) on credit card holder compounds quarterly. What EAR (effective annual rate) is the bank is charging? What if they change
Question 1: (a) Discuss the main limitations of using changes in national income as an index of economic welfare. (b) What are the alternatives measures and issues that sho
what are the assumptions of MM(Modigliani Miller) approach
It better to buy shares of a company or its assets? The choice among buying shares of a company and buying its assets depends mostly on the fiscal differences and on the possib
Types of Mortgages 1. Traditional Mortgages 2. Non - Traditional Mortgages 3. Graduated-Payment Mortgages (GPMs) 4. Pledged-Account Mortg
Describe the general pattern of cash flows from a bond with a positive coupon rate. Cash flows as of a bond with a positive coupon rate consist of periodic interest payments an
Commercial banks Commercial banks allow deposits liabilities to make loans assets as well as to buy government securities. Deposits are wider in range including checkable depos
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