How to calculate bank's turnover?

Answer Posted / s jai ganesh

DEBIT + CREDIT in your account.

Is This Answer Correct ?    18 Yes 19 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you mean by Green-shoe option?

1620


Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books

1831


what is the difference between financial accouning and financial management?

1732


differences between liabilities and assessts

3425


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,

1352






Expand---------MRDT

1795


My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

1641


Three steps for correction in BRS?

1730


you went outside to purchase vegetagles, suddently big rain came then what you will do

1654


i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.

1580


wHAT ARE EVENTS

1623


How you implemented a chargeback system?

1793


Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com

1583


example of SOP

1513


We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.

1392