Answer Posted / vishnu vardhan

NEFT-National electronic fund transfer
it is used to transfer the money from one account to another account.
the limit is 2,00,000 and it will transferred with in 24 hrs.
in this the transaction slip needs a one authorizer sign.

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1883

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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

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