Retail Banking is an important arm of banking for building and growing its assets side. What does this mean and what are Banks doing towards growing its assets side? Name any 4 asset side products that Banks provide and explain their characteristics in terms of product nature, its classification & cost benefits for Banks
National income accounting is very paramount to any country that is conscious a bout its
growth and development. Discuss the national income difficulties in estimation of national income
Framers is in the business of trading in frozen mango pulp tins. It always maintains a
more inventory than required and hence incurs a huge amount of holding (carrying)
costs. It wishes to know the ideal quantity of inventory to be ordered that would
minimize the ordering as well as the holding costs. It provides the following
information:
a. Annual requirement 30,000 packets; cost of one packet is ₹1200; ordering cost is ₹3,240
per order and holding cost is 5 percent. Compute the economic order quantity.
b. What is the total inventory cost if the company has been ordering 2,500 packets with
every order? Would the total inventory cost be higher or lower than the EOQ?
Plyway manufactures and sells wooden chairs. The chief accountant of the entity is
contemplating whether to follow marginal costing or absorption costing for preparing
the profit statement. Explain any three advantages of marginal as well absorption
costing to the chief accountant. Also, try to bring out three differences between marginal
and absorption costing to make the choice easy for the chief accountant. If the chief
accountant is preparing the profit statement for internal, decision-making purpose,
which of the two methods should she follow?
Department A’s manager wishes to apportionment the indirect expenses identifiable with department A to all the other departments of the organization. However, the managers of other departments opine that the indirect expenses allocated to department A cannot be apportioned to other departments. Elucidate the terms ‘allocation and apportionment’ and bring out the differences between them to department A’s manager. Also, provide five examples of cost items to the manager that are suitable for apportionment and their respective basis of apportionment. Identify if department A’s manager was correct.
1. You are about to buy a business that is worth $200,000, but you do not have enough money to purchase the business entirely. You have a total of $90,000 in savings and you are looking at different financing options. Provide information for the following:
L1 technologies, a US based Defence contractor wishes to enter India. Conduct a
PESTLE analysis for L1 technologies in India & suggest whether L1 technologies should
enter India or otherwise. (Please assume that Covid-19 pandemic is over).
Pick a company and write a paper that provides the following information:
Chapter 13 discusses various types of bonds. For this discussion, choose two types of bonds you would invest in.
Find a general solution of the following differential equation
dy/dx - 5y = (xe^-2x)*y^-2