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Financial decisions are depends on specific considerations the major being the cash flows, liquidity and cost. Short-term working capital decisions or financial decisions are different along with observing to frequency and quantum of cash flows. There are two notions of working capital:
(i) Gross Working Capital
(ii) Net Working Capital.
The main feature of the current asset is that they modify their form inside one operating cycle. Working capital requirement is affected by a variety of factors; the major among them is size and nature of business. There are different methods of computing working capital requirement. In several the base figures are acquired from financial statements.
Accounting Cycle is the name given to the combined process of recording and processing the accounting proceedings of a company. The series of steps start when a transaction takes p
WHY VARIANCES IS INVESTIGATED UNDER STANDARD COSTING
THE BREAK EVEN POINT
Illustration of Graphic Analysis The four steps of cost-volume-profit analysis can be employed to graph and study any cost-volume relationship. Suppose that you have been aske
Computing equivalents units and assigning costs to completed units and ending work in process; no beginning inventory or cost transferred in (30 -45min) Sue Electronics makes CD p
what is the role of accounting standard board?
Explain about Cost centre: Meaning & definition: cost centre is defined as a location, person or item of equipment (or group of them) in respect which costs may be ascertaine
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HGT Company initialized the accounting period with the following beginning balances: During the accounting period, the company purchased $60,000 of raw materials and ended
Suppose the spot price of gold is $1700 per ounce. The futures price for delivery in six months is $1712, while the futures price for delivery in one year is $1720. The interest ra
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