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!
Stock Market Index
Definition of Stock Market Index
An index is a numerical figure that measures relative change in variables between two type of durations.
Examples
If sales in year 2000 are equivalent to Kshs.25 M and for year 2001 Shs.30 M, the sales index would be follows as like:
Sales index = year 2001 sales/ Year 2000 sales
= (Shs.30 M/ Shs.25 M) x 100
= 120
Year 2001 sales are 120 percent of year 2000 sales; year 2000 is identified Base year.
A stock index hence measures relative changes in values or prices of shares. The NSE has its base year as year 1966. Twenty (20) companies constitute the index.
The stock index is computed with using of Geometric mean (G.M) follows as like:
Today stock index = [(Today's share price G.M)2 / Yesterday's share price G.M.]X 100
Whereas G.M =
Whereas G.M. = P1 x P2 x P3 x P4 ------- Pn = share price of companies such constitute stock index.
N = number of companies
Partnership Deeds This is an important document which governs the members in partnership firm. It covers among other things the following points: i. The name, location,
TRADE FINANCE AND RISK
Constant amount per share or fixed D.P.S. 1. The DPS is fixed in total amount of irrespective of the earnings level. These generate certainty and are consequently preferred vi
Stewardship Accounting Shareholders contribute capital that is provided to the directors that they employ and at the end of each accounting year render an explanation on the a
Prudence buys a bond in EUR when it issued by the French government and inflation linked. It offers a 2% yearly coupon. She holds it for five years. Par value: EUR
Working Capital a) Working capital or called gross working capital also, refers as current assets. b) Net working capital refers to current assets minus current liabilities
c
management and directors
The business plan for a new company that has obtained a 5 year lease for operating a local bus service is shown below. Items marked with an asterisk represent continuous cash flow
Cash and Marketable Securities Management The management of marketable and cash securities is single of the key areas of working capital management. Because cash and marketabl
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