Why cash is so important
Why cash is so important? Illustrate it.
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Importance of Cash: When we understand what is cash, then we can as well understand examine the cash position of business. Is it sound or weak? What amount will be required for paying various payments? Good knowledge of cash will give you the power to build good planning of cash for future requirements.
Give a brief contrast between flexible and fixed budgets?
Most of the organizations have established policies to remedy discrimination whenever hiring women and minorities. Discuss whether you feel that affirmative action programs, reverse discrimination, and criteria of comparable worth are suitable forms of remedy. You mus
What is Wasting Assets. State briefly in terms of Accountancy?
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Give me answer of this question. The prime interest rate usually: A) rises when the Federal funds rate rises. B) rises when the discount rate falls. C) falls when the Federal funds rate rises. D) falls when the Fed sells bonds in the open market
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What do you mean by the Gresham’s Law?
Presently, spot exchange rate is $1.50/£ and three-month forward exchange rate is $1.52/£. Three-month interest rate is 8.0% per annum within the U.S. and 5.8% per annum within the U.K. Suppose that you can borrow as much as $1,500,000 or £1,000,000.
Why it is easier for an investor willing to diversify his portfolio internationally for buying depository receipts instead of actual shares of the company?
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