Accounts Receivable Management Accounts receivable are amounts owed by customers on account. They result from the sale of goods and services. They are generally expected to be collected within thirty to sixty days and are the most significant type of claim held by a company. There are two costs associated with extending credit to customers: 1. The cost of the selling company not being able to deposit the monetary value of a completed sale in its bank that is‚ as a result of not collecting cash
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Demat‚ in India‚ refers to a dematerialised account. For individual Indian citizens to trade in listed stocks or debentures. The Securities Exchange Board of India (SEBI) requires the investor to maintain a Demat account. In a demat account shares and securities are held in electronic form instead of taking actual possession of certificates. A Demat Account is opened by the investor while registering with an investment broker (or sub broker). The Demat account number which is quoted for all transactions
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* INTRODUCTION TO DEMAT ACCOUNT: * EVOLUTION OF DEMAT ACCOUNT: The term "demat"‚ in India‚ refers to a dematerialised account for individual Indian citizens to trade in listed stocks or debentures in electronic form rather than paper‚ as required for investors by the Securities and Exchange Board of India (SEBI). In a demat account‚ shares and securities are held electronically instead of the investor taking physical possession of certificates. A demat account is opened by the investor
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pricing policies. They will use the financial accounts and ratio analysis‚ budgets are also an important source to management to identity possible future problems. Employees are people hired by the company. They are interested in profitability and the company’s future prospects that will effect their job security and future salary negotiations. They will use the cash flow statement that as a guide to future prospects‚ also trading‚ profit and loss account and profitability ratios can be used by them
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ASSIGNMENT FINAL REPORT TOPIC: CAPITAL ACCOUNT CONVERTIBILITY ABSTRACT This report has been prepared to discuss the issue of Capital Account Convertibility (CAC) and India’s experience with it. The concept of CAC and its history and its implications has been discussed. The recommendations of the Tarapore Committee (the committee set up for looking into the issue of CAC) have been presented. Lastly‚ the progress
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Emotional Bank Accounts We all do things that are counter-productive to our relationships. We all like to have people be nice to us. The concept of an emotional bank account is powerful‚ yet not quite as simple as keeping a ledger of debits and credits. One of the problems is the perception of worth. What is a “deposit” worth. We may think it is quite valuable. The affected person may consider it so routine it is not even remembered. The trick in making deposits is to know what value the
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A01 Profit and loss account: A profit and loss account calculates the amount of gross and net profit that a business takes on an annual basis; it also outlines the loss which has occurred through the business‚ through necessary overheads. There are many aspects included within a profit and loss account‚ all of which I am going to briefly explain. It is important to have a profit and loss account within a business to enforce correct usage of the money. The company will be able to see where the business
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www.jobsadda.in IBPS Common Written Exam PO / MT Test -I: Reasoning Ability Directions (Q. 1): Study the following information carefully and answer the given questions. 1. A school bus driver starts from the school‚ drives 2 km towards North‚ takes a left turn and drives for 5 km. He then takes a left turn and drives for 8 km before taking a left turn again and driving for further 5 km. The driver finally takes a left turn and drives 1 km before stopping. How far and towards which direction should
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| Tarapore Committee Report on CAPITAL ACCOUNT CONVERTIBILITY | Prepared ByApoorva Soni – 11020241071Pankaj Baid – 11020241021Rashmi Sonare – 11020241123Swapnil Rathi - 11020241134 | | INDEX Definition of CAPITAL ACCOUNT CONVERTIBILITY (CAC) 2 CAPITAL ACCOUNT LIBERALISATION IN INDIA SINCE 1997 3 Committee’s Approach to FCAC and Related Issues 10 Interaction of Monetory Policy and Exchange Rate Policy 11 Development of Financial Markets 14 Regulatory
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REPORT ON ACCOUNT RECEIVABLE MANAGEMENT TATA STEEL Prepared by www.AssignmentPoint.com Date: 21-05-202 EXECUTIVE SUMMARY The project deals in “account receivable management at Tata Steel”. Receivable management is one of the most important aspects of the organization‚ as it deals with the management of the outstanding. The profit of the company mainly depends on the accounts receivables. Therefore it needs a careful analysis and proper management. Debtors occupy an important
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