1.The United Nations General Assembly has designated the year 2021 as? [A] International Year Against Terrorism [B] International Year of Health Care [C] International Year to fight COVID [D] International Year of Fruits and Vegetables Answer: D [International Year of Fruits and Vegetables] Notes: The United Nations General Assembly has declared the year 2021 as…
1.Which state’s tourism department launched the STREET (Sustainable, Tangible, Responsible, Experiential, Ethnic, Tourism) project? [A] Tamil Nadu [B] Goa [C] Kerala [D] Sikkim Answer: C [Kerala] Notes: Kerala Tourism recently launched the ‘STREET’ (Sustainable, Tangible, Responsible, Experiential, Ethnic, and Tourism) project in select places in seven districts. The project would help visitors experience the diversity…
Market value added The market value added concept derives the difference between the market value of a business and the cost of the capital invested in it. When market value is less than the cost of invested capital, this implies that management has not done a good job of creating value with the equity made…
Economic Depreciation Economic depreciation is defined as the wear and tear of an asset beyond its expected capacity or utility which means that suppose we have an asset and we expected the depreciation run to go for four years but it becomes obsolete and scrap in a span of only three years it is said…
A CVA calculation includes only cash items, ie. Earnings before depreciation, interest and tax – EBDIT, working capital movements and non strategic investments. The sum of these three items is the operating cash flow ( OCF). The OCF is compared with a cash flow requirement, the Operating Cash flow Demand ( OCFD ). The OCFD…
Economic Value Added Economic value added (EVA) is a financial measure of what economists sometimes refer to as economic profit or economic rent. This phrase is used because EVA measures the economic rather than the accounting profit created by a business. To make it more understandable we can say that,the difference between economic profit and…
