pooja's Profile
Trainee
124
points

Questions
18

Answers
23

  • Trainee Asked on November 15, 2014 in Money Managers.

    Nominal money is related to the measure of counting. Nominal figure is what is written on the bill. where as real money relates to it’s purchasing power.
    Examples:
    Nominal: That CD costs $18. Japan’s science and technology spending is about 3 trillion yen per year.
    Real: A year of college costs about the value of a Toyota Camry. Those tickets to see Van Halen cost me three weeks’ worth of food!

    • 719 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 15, 2014 in Funds.

    To delve into the world of mutual fund investing requires you to first analyze your own situation, specifically, your needs and goals. Determine what you’re investing for and your comfort with risk to assess what types of funds to look at. Money Market investing carries a low single-digit return, and when compared to stocks or corporate debt issues, the risk to principal is generally quite low. However, there are a number of positives and negatives that all investors should be aware of when it comes to the money market.

    • 805 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 3, 2014 in Financial Services.

    The money market became a component of the financial markets for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less.

    • 586 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 3, 2014 in Financial Services.

    Treasury Bills are the most marketable money market security. Their popularity is mainly due to their simplicity. Essentially, T-bills are a way for the U.S. government to raise money from the public. Treasury Bills are short term borrowing instruments of the Government of India which enable investors to park their short term surplus funds while reducing their market risk.

    • 516 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 3, 2014 in Financial Services.

    The official name for the cash flow statement is the statement of cash flows. The statement of cash flows is one of the main financial statements. It shows how changes in balance sheet accounts and income affect cash and cash equivalents and breaks the analysis down to operating, investing and financing activities.

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

    The income statement is one of the major financial statements used by accountants and business owners. It is referred to as the profit and loss statement (P&L), statement of operations or statement of income.

    • 555 views
    • 1 answers
    • 0 votes
  • Trainee Asked on November 1, 2014 in Accounting.
    Trial Balance acts as the first step in the preparation of financial statements. It is a working paper that accountants use as a basis while preparing financial statements.
    • 679 views
    • 3 answers
    • 1 votes
  • Trainee Asked on November 1, 2014 in Accounting.

    The accounting balance sheet is one of the major financial statements used by accountants and business owners. The balance sheet is also referred to as the statement of financial position. It is presents a company’s financial position at the end of a specified date.

    • 629 views
    • 2 answers
    • 0 votes
  • Trainee Asked on November 1, 2014 in Accounting.

    The purpose of accounting is to provide the information that is needed for sound economic decision making. The main purpose of financial accounting is to prepare financial reports that provide information about a firm’s performance to external parties such as investors, creditors, and tax authorities.

    • 724 views
    • 3 answers
    • 1 votes
  • Trainee Asked on November 1, 2014 in Accounting.

    Net profit represents the number of sales dollars remaining after all operating expenses, interest, taxes and preferred stock dividends have been deducted from a company’s total revenue. It is referred to as the bottom line, net income or net earnings is a measure of the profitability of a venture after accounting for all costs.

    • 751 views
    • 2 answers
    • 1 votes