Here is a compilation of top nine problems on cash flow statements along with its relevant solutions. Problem 1: The bank balance of a business firm has increased during the last financial year by Rs.1,50,000. During the same period it issued shares of Rs.2,00,000 and redeemed debentures of Rs.1,50,000. It purchased fixed assets for Rs.40,000 and charged depreciation of Rs.20,000. [...]
The following article will guide you about how to calculate entry load and exit load on mutual funds. A Load Fund is one that charges a percentage of NAV for entry or exit. That is, each time one buys or sells units in the fund, a charge will be payable. This charge is used by the mutual fund for marketing [...]
In this article we will discuss about the parameters for capital account and rupee convertibility in the financial markets. Capital Account Convertibility: Capital account convertibility is one of the essential parameters, not only for an effective integration of the financial markets of the domestic economy, with the world economy but also for India's maturing as a mega world economic power [...]