What is a liquid asset?
The land, building, machinery etc. are known as non-liquid assets because it can take months for a person or company to receive cash from the sale of such assets. Unlike non-liquid assets, the liquid assets are cash in hand or the other assets which are cash equivalent. In simple words, liquid asset can be described…
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‘Options’ in security market/Forex market
Option is an agreement between two parties offering to buy or sell a security (a stock, bond, commodity or other instruments) from or to the other party at a specified price within a specific time period. In option contracts, there is no obligation on the part of buyer or seller to buy or sell the…
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What is EVA in finance?
ECONOMIC VALUE ADDED (EVA) Economic Value Added (EVA) or Economic Profit is after-tax net operating profit (NOPAT) minus a capital charge. This measure is based on the Residual Income technique that serves as an indicator of the real profitability of business. The real profitability occurs when additional wealth is created for share shareholders and the…
Read articleBank Holidays : Ladakh UT
The Administration of Union Territory of Ladakh, declared Public holidays to be observed throughout the UT of Ladakh during the calendar year 2025 under section 25 of negotiable instruments act 1881 Sr.No Date Day Occasion/Festival Date 1 26.01.2025 Sunday REPUBLIC DAY 2 26.02.2025 Wednesday MELA DOSMOCHEY (Leh District & Zanskar Sub-Division only) 3 14.03.2025 Thursday…
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What is operating cycle of a manufacturing unit?
The operating cycle of a manufacturing unit means the length of time required to convert ‘Non-Cash current assets’, (like raw material (RM), work in process (WIP), finished goods (FG), and receivables) into cash. The appraisal of working capital finance means the assessment of gross working capital, net- working capital and working capital gap for assessment of…
Bank holidays 2025 in Lakshadweep UT
The Administration of Lakshadweep declared Public holidays to be observed throughout the UT Lakshadweep during the calendar year 2025 under section 25 of Negotiable Instruments Act 1881. The list of holidays: *April 1, and all Sundays, 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881.…
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