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REMEDIES FOR BREACH OF CONTRACT

Posted on January 7, 2020 By commerceiets No Comments on REMEDIES FOR BREACH OF CONTRACT
REMEDIES FOR BREACH OF CONTRACT

REMEDIES FOR BREACH OF CONTRACT A contract is a legal document that binds all the parties to perform as it is enforceable by law. If any of party refuses to perform his obligation on his part, then it is known as Breach of the contract. As the contract is entered into for the benefit of…

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COMMERCIAL LAW

LIQUIDITY RATIOS TYPES

Posted on December 28, 2019 By commerceiets No Comments on LIQUIDITY RATIOS TYPES
LIQUIDITY RATIOS TYPES

LIQUIDITY RATIOS TYPES The liquidity ratios are used to assess the short term financial position of the firm. Liquidity refers to the ability of the firm to meet its current liabilities. That is why these ratios are also known as ‘short-term solvency ratios’. These ratios indicate the firm’s ability to meet its current obligations out…

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12 ACCOUNTANCY, FINANCIAL ACCOUNTING

LIQUIDITY RATIOS FORMULA

Posted on December 27, 2019 By commerceiets No Comments on LIQUIDITY RATIOS FORMULA
LIQUIDITY RATIOS FORMULA

LIQUIDITY RATIOS FORMULA The liquidity ratios are used to assess the short term financial position of the firm. Liquidity refers to the ability of the firm to meet its current liabilities. That is why these ratios are also known as ‘short-term solvency ratios’. These ratios indicate the firm’s ability to meet its current obligations out…

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12 ACCOUNTANCY, FINANCIAL ACCOUNTING

LIQUIDITY RATIOS

Posted on December 27, 2019 By commerceiets No Comments on LIQUIDITY RATIOS
LIQUIDITY RATIOS

LIQUIDITY RATIOS The liquidity ratios are used to assess the short term financial position of the firm. Liquidity refers to the ability of the firm to meet its current liabilities. That is why these ratios are also known as ‘short-term solvency ratios’. These ratios indicate the firm’s ability to meet its current obligations out of…

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12 ACCOUNTANCY, FINANCIAL ACCOUNTING

WHAT IS SOCIAL RESPONSIBILITY OF BUSINESS

Posted on December 27, 2019February 28, 2025 By commerceiets
WHAT IS SOCIAL RESPONSIBILITY OF BUSINESS

WHAT IS SOCIAL RESPONSIBILITY OF BUSINESS? Social responsibility of the business means the responsibility or obligation of the business towards the society. The business should act in such a manner that it serves in the best of the interest of the society. The social responsibility of business states that what is good for society is…

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BUSINESS MANAGEMENT

TYPES OF MONEY IN ECONOMICS

Posted on December 24, 2019 By commerceiets No Comments on TYPES OF MONEY IN ECONOMICS
TYPES OF MONEY IN ECONOMICS

TYPES OF MONEY IN ECONOMICS WHAT IS MONEY? Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. It is a commodity which is widely accepted in payment of goods and services in settlement of debts can be called as money. Money is commonly referred…

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MANAGERIAL ECONOMICS

MANAGEMENT AND BUSINESS ADMINISTRATION

Posted on December 23, 2019 By commerceiets No Comments on MANAGEMENT AND BUSINESS ADMINISTRATION
MANAGEMENT AND BUSINESS ADMINISTRATION

MANAGEMENT AND BUSINESS ADMINISTRATION Management and Business Administration are the two terms that are used interchangeably and synonymously. Management refers to the art of getting things done through others. Administration refers to the function of determining the corporate policy and supervising the overall functioning of the concern. Various viewpoints discussed regarding these two terms are…

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BUSINESS MANAGEMENT, KEY DIFFERENCES

FUNCTIONAL AREAS OF MANAGEMENT

Posted on December 22, 2019March 1, 2025 By commerceiets
FUNCTIONAL AREAS OF MANAGEMENT

FUNCTIONAL AREAS OF MANAGEMENT Management is universal in nature. It is used everywhere. Its scope is not limited to the business only, wherever there is group of persons, management automatically comes into existence. The functional areas of management are as follows: PRODUCTION MANAGEMENT Production management is also known as Operations Management. Production means the creation…

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BUSINESS MANAGEMENT

LIQUIDITY RATIO ANALYSIS

Posted on December 22, 2019 By commerceiets No Comments on LIQUIDITY RATIO ANALYSIS
LIQUIDITY RATIO ANALYSIS

LIQUIDITY RATIO ANALYSIS The liquidity ratio analysis is used to assess the short term financial position of the firm. Liquidity refers to the ability of the firm to meet its current liabilities. That is why these ratios are also known as ‘short-term solvency ratios’. These ratios indicate the firm’s ability to meet its current obligations…

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12 ACCOUNTANCY, FINANCIAL ACCOUNTING

CASH RATIO

Posted on December 22, 2019 By commerceiets No Comments on CASH RATIO
CASH RATIO

CASH RATIO Cash Ratio is a type of liquidity ratio that is calculated to analyze the short term solvency or financial position of the firm. It is calculated to exclude the receivables from the current and liquid assets and to know about the Cash assets. Although receivables, debtors and bills receivables are generally more liquid…

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12 ACCOUNTANCY, FINANCIAL ACCOUNTING

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