Complementing the balance sheet and income statement, the cash flow statement, a mandatory part of a company's financial reports since 1987, records the amounts of cash and cash equivalents entering and leaving a company.
The CFS allows investors to understand how a company's operations are running, where its money is coming from, and how it is being spent. Here you will learn how the CFS is structured and how to use it as part of your analysis of a company.
The structure of the CFS
The cash flow statement is distinct from the income statement and balance sheet because it does not include the amount of future incoming and outgoing cash that has been recorded on credit. Therefore, cash is not the same as net income, which, on the income statement and balance sheet, includes cash sales and sales made on credit.
Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts
Monday, February 2, 2009
Saturday, January 3, 2009
QB Charges
QB Charges are quaterly balance charges, which you should pay if you do not minimum balance in your saving accounts. For ICICI normal account you should maintain a minimum of 10,000 each quarter else you have to pay 750 + service tax. For students account minimum balance is 500 and if not maintained 250+ taxes . I had a trading account in ICICI for that the minimum balance is zero and also for salary account its zero.
QB chargers are cut every quarter.So you should think proactive to maintan a less balance account or paying upto 2300 a year.QB charges are not automatic they are taken when a Backend team checks your account manually and finds out.
I had zero balance in my salar account for a year and only 283 was cut.
Tuesday, October 7, 2008
beg America beg
Americans are on the streets with begging bowls. If you want any proof for that, just read the media reports about Americans selling off their homes at cheap rates to pay off their loans. In fact, houses are available at $2,000 in the US now.
This is because several Americans are caught in the financial crisis and lost jobs and to add to that they have to pay the housing loan intalments. So they are selling houses which has hit the realty sector in the country badly.
To add to that American banks are collapsing like ninepins. As if this was not enough, the $700 billion ‘alms’ offered by the government is stuck in the Congress with the lawmakers from Texas, Arizona, and California helped defeat the credit-market rescue in the US House.
The bill for the bailout was a priority for President George W Bush, yet 15 of 19 Republicans from his home state, Texas, voted against it. Republican presidential candidate John McCain left the campaign trail to help the measure, which didn’t get a single vote from his state of Arizona.
Almost half the usually loyal California Democratic delegation rebuffed House Speaker Nancy Pelosi. For too many lawmakers, five weeks before Election Day, the threat of market calamity and arm-twisting from party leaders couldn’t overcome impassioned opposition back home, where the rescue plan is drawing fire as a bailout for rich Wall Street bankers.
It seems, the debt-ridden Americans are angry. Are these signs of a collapse of US economy. Obvious signs are there. In line for collapse are EU banks. Even though, EU tried hard to provide bailout packages for the banks, several of them have already filed for bankruptcy.
From this crisis, the world has a lot to learn. The crisis also raised concerns about the health of the world’s largest economy.
The US sub-prime loan market (lending money to those with poor or limited credit history), showed a high default rate, which duly affected the prime market.
Why the Americans rejected the plan is because the enormity of the planned $700-billion bailout deal will cost every man, woman and child in the US about $2,300.
The bailout exceeds the total lending by the International Monetary Fund (IMF) since its inception after the Second World War.
The IMF has, since 1947, loaned $506.7-billion to countries in crisis. US consumers have been buying houses at low interest rates, from 1 per cent, rising gradually to 5 per cent. Looser lending standards allowed sub-prime borrowers to take on more debt they couldn’t afford.
Housing and related industries account for about 23 per cent of the US economy and, up until last year, the five-year boom in real estate prices had contributed as much as half of the economy’s growth since 2001, according to Merrill Lynch.
US consumer spending accounts for about 70 per cent of the economy and it’s argued that with sub-prime mortgage delinquencies at their highest, it has dampened consumer spending and derailed growth in the world’s biggest economy.
The problem is that too much money was borrowed against homes at inflated values, which meant that at the peak of the market, people borrowed 120 per cent against the value of their homes.
This is because several Americans are caught in the financial crisis and lost jobs and to add to that they have to pay the housing loan intalments. So they are selling houses which has hit the realty sector in the country badly.
To add to that American banks are collapsing like ninepins. As if this was not enough, the $700 billion ‘alms’ offered by the government is stuck in the Congress with the lawmakers from Texas, Arizona, and California helped defeat the credit-market rescue in the US House.
The bill for the bailout was a priority for President George W Bush, yet 15 of 19 Republicans from his home state, Texas, voted against it. Republican presidential candidate John McCain left the campaign trail to help the measure, which didn’t get a single vote from his state of Arizona.
Almost half the usually loyal California Democratic delegation rebuffed House Speaker Nancy Pelosi. For too many lawmakers, five weeks before Election Day, the threat of market calamity and arm-twisting from party leaders couldn’t overcome impassioned opposition back home, where the rescue plan is drawing fire as a bailout for rich Wall Street bankers.
It seems, the debt-ridden Americans are angry. Are these signs of a collapse of US economy. Obvious signs are there. In line for collapse are EU banks. Even though, EU tried hard to provide bailout packages for the banks, several of them have already filed for bankruptcy.
From this crisis, the world has a lot to learn. The crisis also raised concerns about the health of the world’s largest economy.
The US sub-prime loan market (lending money to those with poor or limited credit history), showed a high default rate, which duly affected the prime market.
Why the Americans rejected the plan is because the enormity of the planned $700-billion bailout deal will cost every man, woman and child in the US about $2,300.
The bailout exceeds the total lending by the International Monetary Fund (IMF) since its inception after the Second World War.
The IMF has, since 1947, loaned $506.7-billion to countries in crisis. US consumers have been buying houses at low interest rates, from 1 per cent, rising gradually to 5 per cent. Looser lending standards allowed sub-prime borrowers to take on more debt they couldn’t afford.
Housing and related industries account for about 23 per cent of the US economy and, up until last year, the five-year boom in real estate prices had contributed as much as half of the economy’s growth since 2001, according to Merrill Lynch.
US consumer spending accounts for about 70 per cent of the economy and it’s argued that with sub-prime mortgage delinquencies at their highest, it has dampened consumer spending and derailed growth in the world’s biggest economy.
The problem is that too much money was borrowed against homes at inflated values, which meant that at the peak of the market, people borrowed 120 per cent against the value of their homes.
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