In considering the issue of public accountability of State enterprises we shall consider the following methods of making them answerable to public authorities and ensuring their compliance with criteria of commercial principles: 1. Ministerial Control 2. Parliamentary Control 3. Financial Control. Following chart shows the different methods to make State Enterprises accountable to the public: Method # 1. Ministerial Control: [...]
The following methods may be employed for calculating depreciation of an asset: 1. Straight Line Method 2. Reducing Balance Methods 3. Production Based Methods 4. Repair Provision Method 5. Annuity Method 6. Sinking Fund Method 7. Endowment (Insurance) Policy Method 8. Revaluation Method 9. Sum of the Digits Method. 1. Straight Line Method: This method provides for depreciation by means [...]
This article will guide you about how to calculate return on investment with the help of an example. Investment may refer to capital employed, total assets or owner’s equity or net worth. Again capital employed may be gross capital employed or net capital employed. Also, return may be pre-tax return or after-tax return. Return may be expressed in terms of [...]