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Ledgers:
Ledgers record all the entries into the Cash Books. They use the concept of 'double entry' bookkeeping where every ledger entry must be accompanied by another ledger entry that is exactly the opposite.
Typical Ledger pages may look as follows:
Bank Ledger Office Ledger
Date
Particulars
Folio
DR
CR
15/7/05
Prof Fees - Nicholls to Walsh
CR1
4000
17/7/05
Prof Fees paid to J&J Real Estate
CP1
Flex budget
Profitability Index (PI) : It is a ratio of the present value of the total cash benefits to the present value of the net cash outlay. The higher the PI, the higher the return.
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briefly discuss the three approaches to the short-term financing problems and examples of each
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Explain why we measure a project's risk as the change in the CV. We compute a project's risk as the change in the coefficient of variation for the reason that this focuses on t
what are the limitations of using projected data
a) Describe five factors that should be taken into account by a businessman in making the choice between financing by short-term and long-term sources.
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