Ideal uses of wine in cooking

Ideal uses of wine in cooking Wine is used in Soup making The taste & flavour of the soup is considerably enhanced by the addition of...

Concept of Working Capital

Concept of Working Capital: Gross and Net Working Capital There are two concepts or senses used for working capital. These are: 1. Gross Working Capital 2. Net working...

Classification of Ratios

Classification of Ratios 1. Liquidity Ratios: These ratios measure the ability of a company to meet its current obligations, and indicate the short-term financial stability of...

Preparation of Cash Flow Statement

Three main sections of Statement of Cash Flows: Operating Activities: The principal revenue-generating activities of an organization and other activities that are not investing or...

Capitalisation

Capitalisation Capitalization, in accounting, is when the costs to acquire an asset are expensed over the life of that asset rather than in the period...

Over Trading and Under Trading

Over trading and Under Trading Over-trading and under-trading are facets of over and under-capitalization. Over trading is a curse to the business.OVER TRADING :A company which is under-capitalized will try to...

FINANCIAL PLANNING (MEANING & SCOPE)

Financial Planning Financial Planning is a vital part of Financial Management. In fact, planning is the first function of management. Before embarking on any venture,...

BASICS OF CAPITAL BUDGETING

What is Capital Budgeting? Capital budgeting is defined as the process of planning for projects on assets with cash flows of a period greater than...

IMPORTANCE OF CAPITAL BUDGETING

IMPORTANCE OF CAPITAL BUDGETING 1. Long-term Implications of Capital Budgeting A capital budgeting decision has its effect over a long time span and inevitably affects the company’s future...

CAPITAL EXPENDITURE

Capital expenditure, or CapEx, are funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment....