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What is the difference in accounting and marketing and what is so different about them?
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Explain an example of a tough decision you had to make quickly?
WHAT IS OPERATING CYCLE?
what is basic general accounting.
2 Answers Helios Pharmaceuticals,
1. our co., start from 20.05.10 but at the time to till our capital invested m.d spend Rs:98000 as food,refreshment,rent guesthouse,travelling exp e.t.c., now we want to return to him (i.e) all the expenses (amount will pay may be 17.08.10, how to account it in tally for the expenses of M/D . and payment entry. I need the help
What is Account receivable & Account payable ?
Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!
How to Finalized Accounts? Please Guide.
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
what are the limitations of accounting ratios?
Need to know the treatement of Pre-Operative Expenses and preliminary expenses. How would you differentiate these two?
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 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.30 million per annum. The plant can be sold for 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 annum 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 installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
If we can write Credit to cr. so why we can`t write Debit to Dt. or De. why we write it Dr.?
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