The weighted average cost of capital (WACC) is the average rate that a business pays to finance its assets. The purpose of WACC is to determine the cost of each part of the company’s capital structure based on the proportion of equity, debt, and preferred stock it has. Each component has a cost to the…
The Reserve Bank of India (RBI) defines a personal loan as a type of unsecured credit that individuals can obtain from financial institutions. Personal loans can be used for various purposes, including debt consolidation and moving expenses. These loans are repaid in installments, or regular payments, over a specified period. Key Characteristics of Personal Loans…
A share is a unit of ownership in a company and has an exchangeable value influenced by market forces. As per Section 43 of the Companies Act, 2013, a company’s share capital is categorized into two types: equity shares and preference shares. Preference Share Capital Preference share capital is the money a company raises by…