Fishers Ideal Index Number: Calculation, Features and Limitation

Fishers Ideal Index Number is one the important price index number. Prof Irving Fisher developed this index number after an extensive study of 134 different formulae. It is a type of weighted index number. Calculation Process: Calculation process of fishers formula is as follows For calculation, 9 columns are drawn. First columns for commodities, second for price in base year Read More …

ENTREPRENEURSHIP NOTES FOR B.COM V SEM AS PER NEW CBCS SYLLABUS

Dear Students, here are your notes for the subject Entrepreneurship. These notes are in both Hindi and English. Download the files and go through them thoroughly. These notes are best viewed in WPS office. click HERE to download WPS office from play store. You can view the PowerPoint presentations of the classes on my Slideshare profile https://www.slideshare.net/ToranVerma/presentations

What are the functions of NSDL?

National Securities Depository Limited (NSDL) is a central securities depository of India with its office in Mumbai. It was established in August 1996 as the first electronic securities depository company in the country. NSDL is governed by the Depositories Act, 1996 and it works under the jurisdiction of the Securities and Exchange Board of India (SEBI). It has been promoted by the UTI, NSE, State Bank Read More …

TYPES OF LEVERAGE

Operating leverage: Operating leverage is concerned with the relationship between the firm’s sales revenue and its earnings before interest and taxes, or EBIT (Operating profit). Operating leverage is defined as the firm’s ability to use fixed operating costs to magnify the effects of changes in sales on its earnings before interest on tax. Degree of Operating Leverage The degree of Read More …

Capital Budgeting: Meaning, Nature and Process

Meaning Capital Budgeting decision is considered most important and most critical decision for finance manager. It involves decisions related to long-term investments of capital nature. The returns from such investments are scattered over a number of years. Since it requires huge amount of funds, it is considered irreversible. Some examples of capital budgeting decisions are Purchase of new plant and Read More …

Wealth Maximization Objective

Wealth Maximization Objective is also known as “Value Maximization” or “Net Present Worth Maximization.” This objective is considered appropriate for decision making. Wealth means the wealth of shareholders. The wealth of shareholders is determined by the market value of shares. Wealth also signifies Net Present Value(NPV) which is the difference between the present value of cash inflows and the present Read More …

TYPES OF COLLECTIVE BARGAINING

The following are the types of collective bargaining 1. Conjunctive/Distributive Bargaining: In this type of bargaining, the employers and employees try to maximise their respective gains. Issues like wages, bonuses etc. are negotiated under conjunctive bargaining. Its identifying feature is that it operates under zero conditions i.e. “my gain is your loss and your gain is my loss”. The parties want Read More …