Accounting, Banking & FinanceQuality of Capital Assets1 Jul 201523 CommentsGood capital budgeting will also improve the timing of asset acquisitions and the quality of assets purchased. This situation follows…
Accounting, Banking & FinanceWhat is a float?21 Jun 201518 CommentsDo you know about types of floats and uses of floats? What is a float? Float could be defined as…
Accounting, Banking & FinanceInvestment Criteria?21 Jun 201521 CommentsA firm might invest excess cash in many types of interest-bearing assets. To choose among the alternatives, we must establish…
Accounting, Banking & FinanceCash Management in a Group of Companies21 Jun 201515 CommentsWithin a group of companies it is often considered desirable for cash to be managed by a central department which…
Accounting, Banking & FinanceInfluence of Credit Policy21 Jun 201519 CommentsCredit policy will directly influence sales, investment levels, bad-debt losses, and collection costs. Sales: Sales vary directly with the extent…
Accounting, Banking & FinanceCredit Worthiness of the Applicant?21 Jun 201519 CommentsWhat sources of information are available to judge the creditworthiness of the applicant? An individual or firm is requesting credit.…
Accounting, Banking & FinanceMaximising Profit17 Jun 20159 CommentsProfit here would normally be interpreted as accounting profit, This objective arises from the fact that the shareholders are the owners…
Accounting, Banking & FinancePublic Deposits8 Jun 20159 CommentsOne of the most utilised money market instruments, ICDs are the hallmark of lending and borrowing between companies and high-networth…
Accounting, Banking & FinanceBank guarantees27 May 201512 CommentsBank guarantee is one of the facilities that the commercial banks extend on behalf of their clients in favour o£…
Accounting, Banking & FinancePotentiality of Factoring as a Source of Short-term Finance27 May 201510 CommentsFactoring is becoming popular all over the world in view of the variety of services rendered by factors to business…