Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Going Concern in Financial Management
Going concern means in which business activities will continue for a fairly long period of time unless and until the business has entered into a procedure of liquidation. This concept does not mean in which the business will continue for an infinite period of time, but it denotes in which the business is going to run for fairly long period of time so as to carry out business plans.
Under this concept it is assumed in which the business activities will continue for at least a period of time essential to meet its present contractual obligations and recover the original cost of its fixed assets. This concept denotes in which the assets are obtains for utilization and not for resale. Under this concept utilization of resources for producing excellence and realization of revenue through their sale assumes significance. Income is determined after charging cost of utilised resources to the revenue of that period. Revenue and costs are recognized as and while they are earned or incurred and recorded in the financial statement of the period that they relate to. This denotes that valuation of the business is completed on the basis of earning power rather than on the primary of the liquidation price of the enterprise. This concept justifies for revenue realisation. The revenue would be deemed to be realized along with the transfer of ownership of goods or services rendered. Goods could be sold for cash or credit, thus earning of revenue is hard from cash collection from customers.
How is a country’s economic well-being enhanced through free international trade in goods and services? As per to David Ricardo, with free international trade, it is mutually adv
Q. Definition of Financial Management? As-per to Joseph L. Massie 'Financial management is the operational activity of a business that is responsible for obtaining as well as e
Types of Treasury Bills Treasury bills are issued at various maturities, generally up to one year. Thus, they are useful in managing short-term liquidity. At present, the GOI (
The current spot exchange rate is Dr240/$1.00. Long-run inflation in Greece is calculated at 8 percent yearly and 4.5% in the United States. If PPP is expected to hold among the t
Under what circumstances is a warrant's value high ? Explain. A warrant's value would be elevated when the stock price, time to expiration, and/or expected stock price volatil
State the impact on profitability of the company Everything you do has an impact on profitability of the company(including drinking ten cups of coffee in a day!). So if you wan
You invest $1,000 at an annual interest rate of 5% compounded continuously. How much is your balance after 8.5 years? How long will it take you to accrue a balance of $4,000? What
Compounding or Future Value Concept: - Under this process of compounding the future worth of all cash inflows at the end of the time horizon at a particular rate of interest are fo
Question 1: Explain clearly how the study of Public Policy making enables us to understand how Government tackles the major problems of society. Question 2: Analyse th
There are some misconceptions about securitization: Poor quality originators end up in securitizing their assets. A bank's best mortgage
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd