Append below the answer to the questions on financial mathematics on Mark up/down & discount: FINANCIAL MATHEMATICS ANSWERS ON MARK UP/DOWN/DISCOUNT 1. (a) 25% (b) 18.75% 2. $10,800 3. $150 4. 26.67% 5. (a) $136.62 (b) $44.55 (c)$56 (d)33% 6. (a) $613.70 (b) $1,003.20 (c) $246 (d) $55.33 7. $32
Some financial mathematic questions on bills of exchange: FINANCIAL MATHEMATICS QUESTIONS ON BILLS OF EXCHANGE 1 A Bill of Exchange for $4,000 was drawn on 1 January 1980 for six months and discounted on 5 February 1980. Calculate the Banker’s Discount at 12% per annum 2 (a) What is the Banker’s Discount on a Bill … Read more
Some questions on Partnerships for readers to practise to enhance their knowledge on computational questions of Partnerships Accounts: FINANCIAL MATHEMATICS QUESTIONS ON PARTNERSHIPS 1 Two men, Mr A and Mr B are in partnership, Mr A having provided $80,000 capital and Mr B $100,000. They agree that in any one year Mr A shall first … Read more
Some questions for readers to practise on topic on depreciation of fixed assets based on straight-line basis and reducing or diminishing balance method:- FINANCIAL MATHEMATICS QUESTIONS ON DEPRECIATION 1 A firm bought a machine for $20,000 which is expected to be used for 5 years and then sold for $2,000. What is the annual amount … Read more
Append below some questions for students to practise on mark-up/down & discounts commonly use in trading (buying and selling):- FINANCIAL MATHEMATICS QUESTIONS ON MARK UP/DOWN/DISCOUNT 1. Mr. A bought product A at $20 each and sells them at $25 each. (a) What percentage profit on the cost price did he make? (b) Later on, he … Read more
Modern Performance Appraisal deploys a methodology called Performance Appraisal by Results which is simply the appraisal of individual staff performance on a continuing systematic basis in relation to mutually agreed objectives, set at the beginning of the year. This type of appraisal is based on the Management by Objectives where managerial performance are evaluated in … Read more
Some of the major benefits derive from doing proper Performance Appraisal are as follows:- As Performance appraisal is an objective, systematic and periodical evaluation of staff performance, it therefore enhance the reliability of the company’ staff selection/ assessment procedure and policy Staff is more motivated to learn and grow under this performance appraisal methodology. Enable … Read more
This article defined what is Performance Appraisal. Performance Appraisal is:- Evaluation of staff’s performance in relation to present and future jobs in a systematic and objective manner. This evaluation is normally done periodically like quarterly, half yearly, yearly The staff are ranked and appreciated in terms of such factors like knowledge, team-work, skills, physical and … Read more
In this computer network world, IP address is a must know term otherwise it might be quite embarrassing when people ask you for it. This article provides a basic understand of IP address and the type of IP address What is IP Address? Stands for “Internet protocol” Is a number that uniquely identifies a computer … Read more
This section listed the various topics on Universities or Colleges Guides for students who wish to do more researches to study accountancy or other subjects. WORLD 2007 Top 50 World Ranking Universities UNITED KINGDOM List Of Accounting And Finance Universities in United Kingdom SINGAPORE Leading Universities In Singapore International … Read more