If a company sells its receivable to another party for collection, it is known as:
A general insurance company reports the following:
• Premium earned: ₹100 crore
• Claims paid: ₹70 crore
• Claims outstan...
The value of the firm on the basis of Net Income Approach can be ascertained as:
V = S + D
In the above formulae, S indicates______.
When an enterprise has an unhedged receivable or payable denominated in a foreign currency and settlement of the obligation has not yet taken place that...
Under purchase method of consolidation (older term), goodwill on consolidation arises when:
Gifts not exceeding_____in value in a financial year by an employer to an employee shall not be treated as supply of goods or services or both.
Offering a cash discount to customers for early payment of their invoices will likely:
A firm has EBIT of ₹10 lakh, tax rate 30%, cost of equity 15%, and cost of debt 10%. It has 50% debt and 50% equity. Calculate WACC (assuming book val...
Which term refers to the specific rate of interest carried by a bond?
For an unincorporated association, body of individuals, or society, a person is considered a beneficial owner if they hold more than what percentage of ...