CA Mohnesh Kohli's Profile
Trainee
144
points

Questions
2

Answers
24

  • Trainee Asked on November 19, 2014 in Financial Services.

    Paypal is legal in India. You can get it verified from your bank. You can get payment from foreign countries.  You can make payment outside india by using your own credit card. You cannot send payment from balance in PayPal account it has to be withdrawn in bank account only. So this is the limitation imposed by RBI India

    • 549 views
    • 2 answers
    • 2 votes
  • Trainee Asked on November 19, 2014 in Real Estate.

    Different people have different opinion. I will say YES as you will get complete advice about property price, history, area rates and legal issues

    • 607 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 19, 2014 in Credit Cards.

    The credit card fact sheet will consist of

    • Minimum Credit Limit
    • Minimum Payment
    • Interest Rates For Purchases, Cash Advances And Balance Transfers
    • Maximum Interest-Free Period
    • Annual Fee
    • Late Payment Fee.
    • 574 views
    • 1 answers
    • 1 votes
  • Trainee Asked on November 19, 2014 in Real Estate.

    It is difficult to get housing loan with bad credit . Still some banks or financial institution can give a loan with higher margin money and good rate of high interest.

    • 546 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 19, 2014 in Financial Services.

    None of the financial statements will report the value of a business. The main financial statements (balance sheet, income statement, statement of cash flows, statement of stockholders’ equity) may provide some helpful partial information, but they will not report the value of the business. You can ask the valuers or a charted accountant to make valuation of your all assets and liability to get the correct value.

    This answer accepted by Henry Brown. on November 20, 2014 Earned 15 points.

    • 489 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 19, 2014 in Accounting.

    Fixed cost remain same and variable change with production. So increase in variable expense has not much impact as there will be increase in revenue but it there is increase in fixed expense and no change in revenen it is going to h ave impact on profits. Profits will be less

    • 502 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 19, 2014 in Financial Services.

    Free cash flow to equity. This is a measure of how much cash can be paid to the equity shareholders of the company after all expenses, reinvestment and debt repayment. Calculated as: FCFE = Net Income – Net Capital Expenditure – Change in Net Working Capital + New Debt – Debt Repayment, Which is the best defends upon need of valuations

    • 483 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 19, 2014 in Financial Planning.

    Risk tolerance is a topic that is often discussed, but rarely defined.. Risk tolerance is an important component in investing.  An individual should have a realistic understanding of his or her ability and willingness to stomach large swings in the value of his or her investments. Investors who take on too much risk may panic and sell at the wrong time. Knowing your risk tolerance goes far beyond being able to sleep at night or stressing over your trades.

    • 552 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 19, 2014 in Financial Planning.

    Financial Planners are the people who make strategy for finance, money and funds.  Financial Planner can offer services like taxation, credit advice, insurance, brokerage, capital market advice and investment plan.

    • 500 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 19, 2014 in Small Business.

    There are lot of topics Which topic you want to consider for legal advice. Question seems to be not clear

    • 603 views
    • 1 answers
    • 0 votes