What is balance sheet? How you come to know after seeing
balance sheet that economic condition is good or bad any
organisation?
- 10 Answers
- 36773 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / shoukatali
A financial statement that summarizes a company's assets,
liabilities and shareholders' equity at a specific point in
time. These three balance sheet segments give investors an
idea as to what the company owns and owes, as well as the
amount invested by the shareholders
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
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,
How can we display last five years sales in tally
what is non stock?
i want report country wise with invoice number for gl account
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
what is the procedure for issuing th C form
what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.
Take me through the entire vendor cycle.
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
who is the pramotar?
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
Expand-------NSAC
EXPAND___________IMA
commisiion recieved journal entry and receipt required
