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Q. What is Deferred Incomes?
Deferred incomes are incomes received in advance before supplying goods or services. They represent funds received by a firm for which it has to supply goods or services in future. These funds increase the liquidity of a firm and constitute an important source of short-term finance. However, firms having great demand for its products and services, and those having good reputation in the market can demand deferred incomes.
Q. Describe about Comfort Letter? Comfort Letter - Letter provided by a company's independent public accountant to an underwriter when underwriter has a DUE DILIGENCE responsib
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Rating Elements A rating agency earns its reputation by assessing the client's operational performance, managerial competence, management and organiza
what is mean by breakeven point
Securitization is a financial innovation born out of the necessity the savings and loan associations of the United States of America face to save themselves from im
Nortel is considering the purchase of a new call routing system. The system will cost $50M to purchase, an additional $7M to install, and will last for 30 years. The CCA rate as
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If invested 2500 in a bank that pays 1% annually. How long will it take for the funds to double?
The effective maturity of a callable bond can be anywhere between the first call date and its maturity date due to the presence of the call feat
Method to Identify the Component of Seasonal Variation in a Time Series This technique is called as Ratio to Moving Average Method. In this technique, we construct an index wh
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