Ihm 5th sem notes

Operating budget – controlling expenses – income statement

Using the operating budget as a control tool: An operating budget is a valuable control tool to monitor the course of operations during a specified...

Chaud froid

CHAUD FROID Chaud froid, translated literally means hot – cold. This name refers to the fact that the sauce is cooked and is applied hot,...

Net Present Value

What is ‘Net Present Value – NPV’ Net present value (NPV) is the difference between the present value of cash inflows and the present value...

Profitability Ratios

Profitability Ratios Profitability ratios are a class of financial metrics that are used to assess a business’s ability to generate earnings relative to its associated...

FINANCIAL STATEMENT

Financial Statements represent a formal record of the financial activities of an entity. These are written reports that quantify the financial strength, performance and liquidity...
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