What are alternate sources of finance?
Vatsal Limited is operating at an EBIT of Rs.9 lacs, depreciation already charged being Rs.2.00
lacs and Tax rate being 35%. The present borrowing is Rs.30 lacs by way of Term loan at a
cost of 12% p.a. and working capital limit fully utilized being Rs.10 lacs at a cost of 10% p.a.
What is the interest Coverage Ratio:
Consider the current government budget where —
T is today’s net taxes
D is government debt at the start of today
G is today’s government spending
r is the real interest rate on govenment debt.
All variable are positive. The Government is running a deficit today if —
(1) (G – T) > 0
(2) D(1 + r) > (T – G)
(3) r D > (T – G)
(4) ((G + D) r – T) > 0.
(5) (T-G-rD) >0
Tension of the result is getting overwhelming. I hope they declare the results today so that one can just burn his ass off for next 10 days without any second thoughts whatsoever.
My attempts Reasoning 28 GA 59 Quants 11 not sure about accuracy English 26 Will I get chance????
Test on Financial Management without Answers : https://drive.google.com/file/d/0B2p9qpjLYPIYQUxSOHE3WlMyaVE/view?ts=57d07844
Results??? Getting impatient?!!!Can't concentrate on work today...
Are NCERT books enough for phase II preparations ? Or we have to opt for anything else in addition to it ?
Any material for the preparation of Essay and Precis ?
Exactly who is tabulating the nos. in phase 1 - IBPS or RBI? Atleast we will know who to call.
Result is out
result declared
Got through
RBI RESULT DECLARED
IN IN IN :)
in
IN :)
Guys, Do any of you have the PDF of macmillian books of "Accounting and Finance for Bankers"?