Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Net banking
Explanation:
Net banking is also called internet banking or online banking. It is targeted at customers who prefer to do their transactions from the comfort of their home. Rather than coming to the bank to perform transactions.
Various types of transactions are available on the net banking platform such as bank statement, bill payments, money transfers, and even booking of fixed deposit.
YES Bank platform provides online confirmation along with instant settlement for payments making cash flow forecasting easier and precise to the last minute.
They are providing net banking services to their clients.
Marketing channel's provide value in that they offer financing options for both the end user and the wholesaler
Answer: Business motive
Explanation:
The primary motive for setting up private enterprises is strictly for profit , it equally believe in profit maximization in which it's a
market price taker i.e it takes the highest price available in the market.
Public enterprises can have diverse reasons for it's establishment, sometimes it's to provide essential services to the populace and it does not normally takes it's price from the market.
This explains some of the reasons for the price difference in the above analysis.
Explanation:
The solution can be made in tabular form as given below for better comprehension. This easily calculates gross profit for each of the four costing methods.
Particulars FIFO LIFO Avg cost Spec. ID
Sales 50900 50900 50900 50900
Cost of goods sold 31800 32920 32248 32540
Gross Profit 19100 17980 18652 18360