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Q. Show the Current Liabilities Method?
Forecasting of Current Assets as well as Current Liabilities Method: - As-per to this method an estimate is made of forthcoming period's current assets as well as current liabilities on the basis of factors like credit policy, past experience, stock policy and payment policy of the previous years. First of all such approximation is made for each current asset on the basis of each month and then monthly requirements are converted into yearly requirement of current assets. The approximated amount of current liabilities is deducted from this amount in order to estimate the requirement of working capital. A confident percentage for contingencies may also be added to this amount.
Checklists or questionnaires Audit firm will have a standard list of control questions. Audit staff can quickly ascertain which if any, are in operation by the client. There
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Does is make any sense to calculate betas against local indexes when a company has a great part of its operations outside this local market? Both the betas calculated against l
X company sells on terms of 2/10, net 40. Gross sales last year were $4.5 million and accounts receivable averaged $ 437,500. Half of X''s customers paid on day 10 and took discoun
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What is rectification of errors? List and explain the stages where the errors are deducted for rectification.
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What is the different between equity claims and debt instruments in financial securities? By getting conclusion about equity claims and debt instruments, that equity claims are
Assume that you have been consistently impressed by David and Tom Gardner of The Motley Fool since you first heard of their rather improbable rise to prominence in financial circ
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