Answer Posted / suri&uday
cash a/c dr
to bank a/c
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
what is crisil?what is the advantage of crisil rating?
explain about mergers & aquisitions? asked on 30/7/09
What is the Purpose of Preparing Bank Reconciliation Statement?
how to check which item is sold by the sundry debtors in tally?
what are valuation accounts?
Expand---------ODMT
How Many Types of Excise Duties?
what salary you expect???
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
what about case study
institutional investors?
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
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,
Expand---------BPCD