Finance & Accounting

10 Key Financial Concepts Everyone Must Know

Financial literacy is crucial for making informed decisions, whether in personal finance or business. Understanding key financial concepts helps individuals manage money wisely and businesses maximize profits. Here are ten essential financial concepts that everyone should know. 1. Cost of Goods Sold (COGS) and Gross Profit Cost of Goods Sold (COGS) represents the direct expenses …

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Evaluating NPV, Time Value of Money & Share Valuation with Solved Examples

Investing wisely is the key to financial growth, whether for individuals or businesses. Making the right investment decisions requires an understanding of fundamental financial concepts such as the Time Value of Money (TVM), Net Present Value (NPV), Internal Rate of Return (IRR), and Share Valuation. These concepts help investors and business managers evaluate different investment …

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Time Value of Money & Investment Analysis: Solved Problem

Mr. Joshi is the Finance Manager at M/s Vriddhi Impex. The Company is looking at lateral growth and diversification into garment making from cloth making. For doing this, there needs to be put up a factory with all the latest machinery for cutting and stitching garments. The cost of acquisition of land, setting up the …

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Role of Management Accounting in Shaping Strategic Decisions

  In today’s competitive business landscape, organizations must make well-informed, data-driven decisions to ensure long-term growth and sustainability. Management accounting plays a crucial role in this process by providing financial and operational insights that guide strategic decision-making. Unlike financial accounting, which focuses on historical financial performance, management accounting is forward-looking, helping businesses plan, control costs, …

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Cost & Management Accounting Practical Problems & Solutions

The stock in hand of material as on 1st September was 500 units at Rs. 10 per unit. The following purchases and issues were subsequently made. Prepare the Stores Ledger Account showing how the value of the issues would be recorded under FIFO method. Purchases 6th Sept. 100 units at Rs. 11 20th Sept. 700 …

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Time Value of Money: Solved Problems & Step-by-Step Solutions

Time Value of Money: Introduction The Time Value of Money (TVM) is a fundamental financial principle that asserts the value of money changes over time. A rupee received today is worth more than the same rupee received in the future due to its potential earning capacity. This concept is the foundation of finance and investment …

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MMPC – 004 Assignment Solution

Master of Business Administration (MBA)/ Master of BusinessAdministration (Online) MBA(OL) / Master of Business Administration(Banking and Finance) (MBF)/ Master of BusinessAdministration(Financial Management) (MBAFM)/ )/ Master ofBusiness Administration(Human Resource Management) (MBAHM)/Master of Business Administration(Marketing Management) (MBAMM)Master of Business Administration(Operations Management)(MBAOM)Post Graduate Diploma in Financial Management (PGDIFM)ASSIGNMENTForJuly 2024 and January 2025 Sessions What are the objectives of …

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Introduction to Corporate Finance: Key Topics for Students

Corporate finance is a cornerstone of business education, providing the tools and frameworks necessary for making critical financial decisions within a corporation. Whether you’re a student pursuing a Bachelor of Business Administration (BBA), Bachelor of Commerce (BCom), Master of Business Administration (MBA), Master of Management Studies (MMS), or preparing for competitive exams, a solid grasp …

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Accounting Equation Solved Problems for Class -11 (TS Grewal)

The accounting equation is like the foundation of a house, supporting everything built on top of it. In simple terms, it shows that everything a company owns (its assets) is funded either by what it owes (its liabilities) or by what the owners have invested (its equity). The accounting equation, fundamental to the double-entry accounting …

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