Answer / pawan shrivas

140850/-

If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

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what is vat and sales tex?

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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,

0 Answers   Elevates Infosolution,

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EXPAND___________LTC

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Difference between debenture and insecure loans?

5 Answers  

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tell me about accounting

8 Answers  

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how to prepare Profit and los accounts ?

8 Answers   College School Exams Tests, MLA, Study Overseas,

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Expand ------AIMPLB

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What is the difference btwn "Sales" and "Turnvoer".

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Hi dis is lalitha. I got selected for muthoot finance PO for the final interview. can u plz tell me what type questions they will ask? my mail id is plalitha87@gmail.com. can u plz pass the questions to my mail, my interview is on jan 04,2012. Thanks in advance.

2 Answers   Muthoot Group,

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What is SLR?

4 Answers   Genpact,

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WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

0 Answers   Samsung,

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