What is correspondent bank relationship
Explain what you mean by Correspondent bank relationship.
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Correspondent bank relationship is developed when two banks manage the correspondent bank account with each other. Correspondent banking system grants a mode for the bank’s MNC client in order to conduct the business globally through his local bank or its contacts.
Investment approach of Warren Buffet: According to Benjamin Graham, the father of securities analysis, value investment was the only form of investment which means that purchasing a stock at less than its intrinsic
Explain the term Contingent Liabilities?
Explain the Sharpe performance measure concept.
Meaning of Goodwill: Goodwill puts the association at a good position due to which the organization is capable to earn huge profits without any additional efforts. Goodwill can’t be seen although felt. Thus goodwill is termed as an Intangible as
Explain why depreciation is not charged on land?
Problem 1. The manager of Joe's Menswear has noticed that over the past two holiday seasons their usual sales strategy of marking down prices has not been yielding the boost in revenues that it once did. JM sell men's suits, dress shirts,
Black Manufacturing Company Black Manufacturing produced a single product called the Great Beast. During the past three weeks, Lee High, the new cost accountant, had observed that production efficiency and input pr
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A way to improve performance that investigates the way several different entities do the same activity and finds the best way to accomplish the activity. The best ways then become the standard or the benchmark for all the entities.
Exhibit 3.3 states that in year 1991, the U.S. had current account deficit and consecutively a capital account deficit. Explain about how this may occur?
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