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. [...]
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 [...]
The following points highlight the top three alternatives to dividend of a company. The alternatives are: 1. Buyback of Shares 2. Stock Split 3. Bonus Issue. Alternative # 1. Buyback of Shares: Buyback is reverse of issue of shares by a company where it offers to take back its shares owned by the investors at a specified price; this offer [...]