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Description Fixed assets, also known as a non-current asset or as property, plant, and equipment (PP&E), is a term used in accounting for assets and property that cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, which are described as...

Ireland has won against England in the first upset of WC 2011.The match has turned many heads.None expected Ireland to chase down 338 against the WC favourites England.More interesting,the match has been turned by No.6 batsmen who went on to hit the world's fastest World-cup Century in just 50...

In cost accounting, fixed costs are expenses that do not change in proportion to the activity of a business, within the relevant period or scale of production. For example, a retailer must pay rent and utility bills irrespective of sales. Unit fixed costs, called average fixed costs (AFC)...

Fixed assets are stated at cost less depreciation except in the case of certain Land and Development in the Tea Estates Division and Land,Buildings and Plant and Machinery in Rossell Industries Limited are shown at revalued amount . In Tea/Coffee estates, the cost of extension planting of...

Most of the preference shares in India are fixed rate dividend shares with cumulative rights. Both redeemable and non-redeemable shares are in vogue in India, but many redeemable shares are so, only at the discretion of the companies. Over a period of time, there has been a trend towards...

A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. A fixed exchange rate is usually...

The Easy Fixed Deposit: Easy Fixed Deposit is an ICICI Bank fixed deposit scheme having benefits of Debit -cum- ATM card. The depositors shall be provided with a Debit Card for transacting in fixed deposit. Transactions which are allowed are • Part withdrawal of fixed deposit • Full...

ICICI provides its customers with various kinds of Fixed deposit facilities that are flexible and cater to customers who have different needs and wants in their fixed deposits. ICICI provides a Fixed Deposit that allows customers to deposit their money for just as long as you wish. The Fixed...

Different countries have adopted different exchange rate systems at different times. The following are some of such systems in brief  Gold Bullion In modern times, the operative system of exchange rates has evolved from a gold bullion standard to a system of floating...

FIXED ASSETS i) Premises of the bank include free hold as well as lease hold properties. Land and buildings purchased or allotted have been capitalized based on agreements/ letters of allotment and physical possession. Premises and other fixed assets are stated at their historical cost except...

This is a very common investment method. Risk is very less compared to other type of investments but return also not very high. Interest rate varies from bank to bank and depends on the scheme you choose. Tenure can be anything between 15 days to 5 years. All leading nationalized...

WORKING CAPITAL TURNOVER This ratio indicates the utilization of working capital in generating the sales FIXED ASSETS TURNOVER It gives the relationship between the sales the gross fixed assets. The ratio comments on the utilization of the fixed assets for generating sales TOTAL...

The Conflict between Fixed Claimants and Shareholders A conflict between the interests of debt holders and the interests of shareholders exists in every firm. Among any particular set of asset allocation decisions, any investment strategy that increases risk will transfer wealth from the...

FIXED ASSETS RATIO This ratio expresses the relationship between fixed assets and shareholder’s fund. Formula:- Fixed Assets Ratio = Fixed Assets Shareholder’s Fund Significance:- This ratio indicates as to how the...

FIXED ASSETS TURNOVER RATIO This ratio indicates the extent to which the investments in fixed assets contribute towards sales. If compared with previous period, it indicates whether the investment in fixed assets has been judicious or not. Objectives:- The objective of calculating this...

Fixed exchange rate As the name suggests, under fixed exchange rate system, the value of a currency in terms of another is fixed. These rates are determined by governments or central banks of the respective countries. The fixed exchange rates result from pegging their currencies to either...

News channel, CNN-IBN, claimed that the players’ auction of the Indian Premier League (IPL) was fixed. The channel claimed to have accessed e-mails between former IPL commissioner, Lalit Modi, and Chennai Super Kings (CSK) owner, N Srinivasan, that proved that the two colluded to help CSK bag...