Define Purchase return
Describe the term Purchase return with suitable example?
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Purchase return signifies the return of goods that is received by businessman due to any fault/mistake in goods.
Assume that, you have bought 10 computers for selling. However when there is fault in one computer and you return this to your supplier, then this will be purchase return.
Assume that your firm is operating in the segmented capital market. State some of the actions that you would recommend to diminish the negative effects?
Specify some of instances under FASB 52 that foreign entity’s functional currency would be same as the parent firm’s currency.
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State some of the problems which may enter into capital budgeting analysis in case project debt is computed rather than borrowing capacity made by the project?
State the definition of Cash Discount?
Suppose a firm's common stock paid a dividend of $1.75 yesterday. You expect the dividend to grow at the rate of 8% per year for the next 3 years, if you buy the stock, you plan to hold it for 3 years and then sell it. Q : What are Personal accounts What are What are Personal accounts. Describe their types?
What are Personal accounts. Describe their types?
It is, normally, not possible to fully remove both the translation exposure and transaction exposure. In some cases, eradication of one exposure will also eliminate the other. However in other cases, removal of one exposure really creates the other.
State some of the factors which motivated Novo Industries to seek the U.S. listing of its stock. Explain about the lessons which may be derived from experiences of Novo?
How translation gains and losses are handled differently as per current rate method as compared to the other three methods, which is, monetary/nonmonetary method, current/noncurrent method, and the temporal method?
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