Interested to Buy Any Domain ? << Click Here >> for more details...
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,
1766Post New Elevates Infosolution Interview Questions
what does the conf.setMapper Class do ?
How many clients can I connect to an AP?
column at edge of a framed structure is uniaxial or biaxial. and is an interior column is biaxial
What difference between ng-app vs. Data-ng-app and x-ng-app?
Short Answer on ______________House Rent allowance
What are the j2ee client types?
How are sql commands classified?
Can you please explain the difference between parent() and parents() methods in jquery? : jquery mobile
What are the object and class classes used for?
How do you find any view element into your program?
How do you do descriptive statistics in excel?
what is the difference between two and three-tier architectures?
What is Ruby programming language?
Can you explain the difference between a validation set and a test set?
What are the data types supported by java? What is autoboxing and unboxing?
