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What do u meant by Nifty? and how it is calculated?
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Answer / harrie007
Barometer is to temperature and Nifty is to stock market
fluctuation.
Nifty is basically a stock index containing 50 companies.
and points of Nifty is calculated by doing average of share
prices of the 50 co.s.
| Is This Answer Correct ? | 26 Yes | 9 No |
Nifty is an index campute from the performence of top stock from different sectors listed in NSE. It contains 50
companies from 24 sectors.Nifty means National stock exchange's Fifty .The copanies which form index which very from time to time on the basis of performence of different sectors.It is same as index of bse
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / ch.bhanuchander
nifty is a index of NSE and sensex is a index of BSE.Nifty is basically a stock index containing 50 companies.NIFTY value is calculate on the basis of avg share price of the 50 companies.
| Is This Answer Correct ? | 0 Yes | 0 No |
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Benjamin O'Henry has owned and operated O'Henry's Data Services since its beginning ten years ago. From all appearances, the business has prospered. In the past few years, you have become friends with O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest for the business and would consider selling it for the right price. You are interested in buying this business, and you obtain its most recent monthly unadjusted trial balance which follows: O'Henry's Data Services Unadjusted Trial Balance November 30, 20XX Cash……………………………… $9,700 Accounts receivable……………………… 7,900 Prepaid expenses………… 2,600 Furniture, fixtures, & equipment 151,300 Accumulated depreciation $15,600 Accounts payable………… 3,800 Salary payable……………… Unearned service revenue 6,700 Benjamin O'Henry, capital 137,400 Benjamin O'Henry, withdrawals 2,000 Service revenue………… 14,300 Rent expense…………… Salary expense………… 3,400 Utilities expense……… 900 Depreciation expense Supplies expense…… Total…………………………………………. $177,800 $177,800 Revenues and expenses vary little from month to month, and November is a typical month. Your investigation reveals that the unadjusted trial balance does not include the effects of monthly revenues of $2,100 and monthly expenses totaling $2,750. If you were to buy O'Henry's Data Services, you would hire a manager who would require a monthly salary of $3,000. The most you would pay for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price. The least O'Henry will take for the business is his ending capital. Compute this amount. Under these conditions, how much should you offer O'Henry? Give your reason. I have the mathimatical part ok , please give reasons on how much and why I they would offer him the amount.
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