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what are the items comes under the profit appropriation account?
What if forfeiture of shares?
what is ADRs?
Is a purchase return revenue?
WHAT IS PROSPECTUS?
What is revaluation of Accounts, how does it is accounted in business
What is contingent liability and contingent asset and provision in respect Accounting Standard?
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
0 Answers Elevates Infosolution,
what is repo market?
current depriciation rates for fixed assets
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
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