capital is an adjustment that is made in an account in order to adjust for the effect of inflation because of the change in the prices of goods and/or services used by the business. here, stocks are excluded but items such as prepaid expenses, receivable bills, and trade debtors are ...
While recording the consolidated balance sheet, it’s essential to modify the subsidiaries assets figures so that they indicate the accurate market value. Also, the parent company revenue should not be included in this sheet because the net change is ₹0. ...
Cloud Storage allows organisations to store, access, and preserve data without the need to own and operate their own data centres, reducing costs from capital expenditure to operation. Cloud storage is scalable, allowing organisations to extend or reduce their data footprint as needed. Cloud storage...
What is prompt corrective action by RBI? The RBI on Tuesday issued a revised Prompt Corrective Action (PCA) framework forbanks to enable supervisory intervention at "appropriate time" and also act as a tool for effective market discipline. Capital, asset quality and leverage will be the key are...
What should be the sources for the Indian economy for UPSC Prelims 2019 as there is no Economic Survey this time? What areas should be given importance? What are the major labor market factors contributing to income inequality?...
In economics, entrepreneurship connected with land, labour, natural resources and capital can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and is an indispensable part of a nation’s capacity to succeed in an ever-changing and more competitive global marketpl...
This is the primary objective of financial management, which is also known as “the wealth maximization concept”. This means to maximize the current market value of equity shares of the company, which is only possible if there is optimum utilization of funds to achieve organizational objectives....
Goodwill arises when a company acquires another entire business. The amount of goodwill is the cost to purchase the business minus the fair market value of the tangible assets, the intangible assets that can be identified, and the liabilities obtained in
The primary reason behind Credit Suisse’s crisis is the bank’s risky investments, which have resulted in significant losses. For example, Credit Suisse directed many customers to invest as much as $10 billion in Greensill Capital, a lender that intermediated between suppliers and clients. ...