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Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
1766Post New Elevates Infosolution Accounting AllOther Interview Questions
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Elevates Infosolution Accounting AllOther Interview Questions (1)
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Bonjour Incroyable , mais VRAI ,il y a trop d'escroquerie dans les offres de prêt entre particulier ,donc faite attention a l'Afrique. Moi j'ai visité un site d'annonce du Canada de prêt entre particulier sérieux^partout dans le monde et j'ai connu une Dame formidable, du nom de Mme Maryvonne de nationalité francaise qui aide les gens en leur faisant des prêts et qui m'a accordé un prêt de 350000¤ pour l'achat d'un immobilier que je dois rembourser sur 20ans avec un très faible interêt de sa part soit 3% l'ans.Avant que je ne recoive le montant , j'ai juste souscris une assurance de 2450¤ sur toute ma durée de prêt et là le lendemain matin j'ai reçu l'argent sans payer aucun frais ou taxe de Banque.Besoin de credit personnel ,vos banque refuse de vous accorder de pret,vous etes en CDI et autre de vous adresser à lui et vous serrez satisfait mais attention à vous qui n'aimez pas rembourser les prêts. Voici son mail : maryvonne.loan@gmail.com
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The content of Physical file is as below: hfcftp wruquief SENDPASV 0 CDUP ASCII GET 01100901.CSV ramndk/ECP505.EC0110090 (REPLACE QUIT Thw above commands will get executed when we call STRTCPFTP from CL program.... Now if I want to use SFTP what can be the solution? plz reply in detail....Thank you for ny help... I m using RPG/ILERPG to download...
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