"This WAS discussed in class. The expense for the year is the interest - and hence is charged to the P&L (Rs. 2.4 lakhs). The EMI is Rs. 3.50 lakhs, which includes Rs. Rs. 2.40 lakhs of Interest and Rs. 1.10 lakhs of Principal Repayment. Since…"
"Sir, i have solved the problem of preparing the Balance Sheet for Praxis Retail after 1 year but while preparing the Balance Sheet, when i was analysing the cash flow statement there was 1 doubt in my mind which was that whether on the debt taken…"
Prof. Pradeep Lath will be taking his course on Project Appraisal and Finance today. These sessions will be useful for those looking at options in Financial Analytics. These sessions will add perspectives which are different from those covered by Prof. Sandipan (as they are rooted more in Accounting theory and Core Finance) and could be useful in companies such as Genpact as well as L&T Financial Services. Sharath has also scheduled mock interview sessions for today.Those interested in…See More
"One clarification. South Indians, of which Arjun is a representative (and noble sample - he is a great kid), like using the letter "h"when the Rest of India does not. Hence, Ajit becomes Ajith, Vinita becomes Vinitha and Ranjit becomes…"