What do you mean by trade cycle?

Answer Posted / darshan

Trade cycle are a species of fluctuation in economic activities of organized communities. It refers to a wave like fluctuations in aggregate economic activity particularly in national income, employment and output.

Is This Answer Correct ?    4 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short Answer on __________Leverage

1576


what is data entry? what is report generation ?in accounting how it is used .

1825


what are micro-cap, small-cap, mid-cap, large-cap companies?

1765


what is the uniform public construction cost accounting act?

1577


What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?

1790






Is interest of a business unit Operating Expense or Non Operating Expense

1471


Give a brief explanation of the fundamental accounting concept of prudence

1713


please send me some previous sbi clerical interview questions to my email id....

1667


how to maintain E-Commerce companies accounts

968


In what cases can Convertible bonds be considerred as derivatives?

1751


What does my credit score mean?

1479


distinquish between liquidity ratio and asset management ratio

1428


what is purchase consideration? How does it come about and how is it treated in the books?

2034


Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?

1582


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

2547