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.
How to do income statement = from the revenues we will deduct all the expenses related to that period to get the income or loss. When the revenues are more than the expenses then it is income and when the expenses are more than the revenues then it is
Explain the term Responsibility Accounting and types of responsibility centres with example?
Define the term Balance of payments.
Liabilities mean the amount which the firm owes to the outsiders. Liabilities are of two types: -Long term liabilities & Short term liabilities. Examples of long term liabilities are long terms loans, bonds etc. & examples of short term liabil
Describe the term Purchase return with suitable example?
Discuss cross-hedging and also some of the factors evaluating its effectiveness.
Project Accounting: It is sometimes termed to as job cost accounting and is the practice of making financial reports particularly designed to track financial growth of projects, which can then be utilized by managers to support project management.
Part A During 2012 the Australian Company Woolworths Ltd (WOW) sold its subsidiary business called Dick Smith Electronics. Within 8 months of the FOR SALE sign going up Anchorage bought the Dick Smith Business for $20 million. This is the same amount Woolworths Ltd bought
Explain why and how a firm’s capital cost can be reduced when stock of firm is cross-listed on foreign stock exchanges.
Return on Assets (ROA): It is an indicator of how gainful a company is associative to its net assets. ROA provides an idea as to how proficient management is at employing its assets to produce earnings. Computed by dividing a company's annual earnings
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