correction of sundry creotors

2192

What is the difference between a provisions and reserves?

608

Do you know overhead in terms of accounting?

660

What was your average accounts receivable days outstanding/days sales outstanding?

686

Why an Expenditure is called Differed?

1526

How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?

1517

Expand-------NSAC

1490

Tell me whether the account “cash” will be credited or debited, when a company pays a bill?

652

if waybill issued by consignor , then c form issue whose responsibility?

1084

we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?

919

Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

5950

What are Corporate Action?

2236

why you want to join the banking and finance industry?

4233

What is Goods Lost by Fire/Accident/Theft ?

1328

what difference in motvat & cenvat? and why this prepared?

1789