Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

0 Answers   IBM,

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Please answer the following question: "Your grandmother sends you a large check for your birthday, asking that you use the money to buy shares of stock in a company. She recommends that you review the company's financial statements before investing. What can a company's financial statements tell you about the investment potential of its stock?"

4 Answers  

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Can i clarify, whether VAT & Service Tax are Proffit & Loss A/c items (or) Balance Sheet Items.

8 Answers  

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fill in the Blanks Recognising revenues when goods sold on credit ________basis of accounting

1 Answers  

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im preparing for the sbi clerical post please send me the solved questions.

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what is circuit filter?

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What are the things are not Included in Annual Reports?

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what is the concept of finance accounting?

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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?

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MY COMPANEY PROVIDE SERVICES OTHER PARTY BUT OTHER PARTY DEDUCTED TDS SO PASS ENTRY IN A/C

1 Answers  

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How to register a payment for LIC in the books of accounts as it is exempted under 80 c... Thanks

1 Answers   Elite,

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if some persons salary from company is 15000/- P.M. and he pay school Fee Rs 1200/-P.m. LIc premiun 750/- P.M. home Lones premium 2800/- P.M. then his TDs from salary is /Deducted month of december 2010.?

1 Answers   Genpact,

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