Explain Agricultural business
Explain the term Agricultural business in term of Accounting?
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Agricultural business: This business is joined with production of raw material, vegetables, seeds, milk and cattle farming that are famous in many country. 70 percent are doing agricultural activities. Cow was its main wealth. Although it is sad story of agricultural business which they are not wasting their valuable product cow by selling to butchers.
A bank quotes an interest rate of 13.5% per annum with quarterly compounding. What is the equivalent rate with (a) continuous compounding and (b) annual compounding?
Define the term Debtor. Is they our client?
Describe the term Holding Period?
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State mechanism that restores equilibrium of balance of payments in case it gets disturbed below the gold standard.
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Explain and discuss the significance of Fisher Effect and the Purchasing Power Parity theories to a foreign exchange dealer in the merchant bank?
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