what is the meaning of Bills Receivable?

2 Answers   Genpact,

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iam working at hotel industry it is a small industry so, i did'nt kept postage and telegram ledger because we are not doing so recently we send courier that courier charges which ledger i have to take?

4 Answers  

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how we will account the preliminary expenses in journal and ledger as well as balance sheet?

5 Answers  

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WHAT IS THE DIFFERENCE BETWEEEN CASH FLOW STATEMENT AND FUNDS FLOW STATEMENT

1 Answers  

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what is corporate assesse

1 Answers   Endolite,

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What do you mean by balancing of ledger account?

0 Answers  

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how does calculated retain earnings?

2 Answers  

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how to pass the entry of advance paid to employee against salary

2 Answers   Concor,

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Mr. S wants to set bank reconciliation start date, from where will he activate the same Answer A. Ledger creation B. Accounting feature C. Configuration window D. Display

2 Answers  

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Reports in Accounts Payable

0 Answers   Accenture,

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Can we transfer balance on gl a/c to another Gl a/c if what is the process steps and tr code?

1 Answers   SK Engineering, TCS,

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Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

0 Answers   IIRM,

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