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Apex Academy

409 Aspire Business Center, Near Rabari Colony BRTS Stop, Ctm Char Rasta, Ahmedabad, India- 380026.

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Overview

Its the institute established with the purpose of providing quality education to the students and making sure that the students do good in their respective fields.

Address

409 Aspire Business Center, Near Rabari Colony BRTS Stop,

CTM, Ahmedabad

Ctm Char Rasta, Ahmedabad, India- 380026.

MBA Tuition Overview

MBA Tuition

MBA Finance Subjects Taught

Management control system, Financial Derivatives, Financial Decisions Analysis, Security Analysis and Investment Management, Management of Financial Institutions, Portfolio Management

Subjects Taught

Managerial Economics, Financial Management, Quantitative Methods, Management Process and Organizational Behaviour, Environment and Management, Research Methodology

MBA Year

First Year, Second Year

MBA Specialisation

Finance

Class Location

At the Institute

View all Classes

Reviews

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Answers by Apex Academy (17)

"Give two examples of â??Significant non cash transactionsâ??." in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

Few of the examples are as follows:

 

1) Issuance of stock to retire a debt

2) Exchange of non cash assets

3) Conversion of debt to common stock

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"One horse of a horse race club died. Insurance company has offered to settle the claim at 60% will it be recorded in the Accounts of the club and how?" in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

Say value of the horse which died was Rs. 100000/- so insurance company would have made payment of Rs. 60000/- for which the accounting entries would be as follows:

Dr. Insurer (Debtor) - 60000/-

Dr. Loss - 40000/-

Cr. Asset - 100000/-

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"What are the two methods which can be employed to calculate net cash flow from operating activities?" in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

The two methods for calculating cash flow from operating activities are as follows:

1) Direct Method: This method considers all major heads of cash payment and receipts for arriving at net cash position from operating,investing and financing activities.

2) Indirect Method: This method considers the net income as reporteed in the income statement of the company as base and makes adjustments for cash and non-cash items to arrive at cash position.

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"A business has current Ratio of 4:1 & a Quick Ratio of 1.2:1. If working capital is Rs. 180000. Calculate total current Assets and Stock." in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

Current ratio= Current assets / current lia. = 4:1 So, CA= 4CL ... (1)

Quick Ratio = Cash / current lia. = 1.2:1 So, Cash = 1.2CL... (2)

and Net working capital = Current Assets - Current Liabity=180000...(3)

From (1) CA= 4 CL = Cash + 2.8CL

So, CA-2.8CL = Cash

So, from (3) 180000-CL-2.8CL = Cash

So, 180000-3.8CL = Cash

So, from (2) 180000-3.8CL = 1.2CL

So, 180000=5CL

So CL= 36000

So Cash = 1.2CL = 43200

So, CA = 180000-36000=144000

So, Stock = Total CA-Cash = 144000-43200=100800

 

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"Assuming that the Debt Equity Ratio is 2:1. State giving reason, whether the ratio will improve decline or will have no change in case bonus shares allotted to equity shareholders by Capitalizing profits." in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

It will decrease the D/E ratio as issuance of bonus shares will not affect debt position but it will increase the volume of equity.

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Apex Academy address

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MBA Tuition

MBA Finance Subjects Taught

Management control system, Financial Derivatives, Financial Decisions Analysis, Security Analysis and Investment Management, Management of Financial Institutions, Portfolio Management

Subjects Taught

Managerial Economics, Financial Management, Quantitative Methods, Management Process and Organizational Behaviour, Environment and Management, Research Methodology

MBA Year

First Year, Second Year

MBA Specialisation

Finance

Class Location

At the Institute

Engineering Diploma Tuition

Engineering Diploma Branch

Mechanical Engineering Diploma, Electrical Engineering Diploma, Electronics, Engineering Diploma 1st Year

Engineering Diploma Subject

Basic Chemistry, English, Basic Physics, Engineering Graphics, Basic Math, Engineering Mathematics

Mechanical Engineering Diploma Subject

Mechanical Engineering Materials, Electrical Engineering

Type of class

Crash Course, Regular Classes

Class strength catered to

Group Classes, One on one/ Private Tutions

Electrical Engineering Diploma Subject

Electrical And Electronics Engineering Material, Principles Of Management And Costing, Electrical Machines, Basic Electronics, Electrical Engineering Drawing, Electric Circuit Theory, Power Stations

Class Location

At the Institute

Class 11 Tuition

Board

CBSE, State, ISC/ICSE

ISC/ICSE Subjects taught

English, Biology, Mathematics, Physics, Chemistry

CBSE Subjects taught

Mathematics, Chemistry, English, Physics, Biology

State Syllabus Subjects taught

Physics, Biology, Chemistry, Mathematics

Class Location

At the Institute

Class 12 Tuition

Board

CBSE, State, ISC/ICSE

ISC/ICSE Subjects taught

English, Biology, Mathematics, Physics, Chemistry

CBSE Subjects taught

Mathematics, Chemistry, English, Physics, Biology

State Syllabus Subjects taught

Physics, Biology, Chemistry, Mathematics

Class Location

At the Institute

Class 9 Tuition

Board

State, CBSE, ICSE

CBSE Subjects taught

English, Science, Mathematics, Social science

ICSE Subjects taught

Biology, Chemistry, Mathematics, Physics, English

State Syllabus Subjects taught

Science, English, Mathematics, Social Science

Class Location

At the Institute

Class 10 Tuition

Board

State, CBSE, ICSE

CBSE Subjects taught

English, Science, Mathematics, Social science

ICSE Subjects taught

Biology, Chemistry, Mathematics, Physics, English

State Syllabus Subjects taught

Science, English, Mathematics, Social Science

Class Location

At the Institute

BTech Tuition

BTech Electrical & Electronics subjects

Electric Power Quality, Electrical Circuit Analysis, Circuit Theory, Control Systems

BTech Branch

BTech Electrical & Electronics, BTech 1st Year Engineering

Type of class

Crash Course, Regular Classes

Class strength catered to

Group Classes, One on one/ Private Tutions

BTech 1st Year subjects

Advanced Mathematics (M2), Communication Skills, Engineering Physics, Engineering Mathematics (M1)

Class Location

At the Institute

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No Reviews yet! Be the first one to Review

"Give two examples of â??Significant non cash transactionsâ??." in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

Few of the examples are as follows:

 

1) Issuance of stock to retire a debt

2) Exchange of non cash assets

3) Conversion of debt to common stock

0
|
0

"One horse of a horse race club died. Insurance company has offered to settle the claim at 60% will it be recorded in the Accounts of the club and how?" in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

Say value of the horse which died was Rs. 100000/- so insurance company would have made payment of Rs. 60000/- for which the accounting entries would be as follows:

Dr. Insurer (Debtor) - 60000/-

Dr. Loss - 40000/-

Cr. Asset - 100000/-

0
|
0

"What are the two methods which can be employed to calculate net cash flow from operating activities?" in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

The two methods for calculating cash flow from operating activities are as follows:

1) Direct Method: This method considers all major heads of cash payment and receipts for arriving at net cash position from operating,investing and financing activities.

2) Indirect Method: This method considers the net income as reporteed in the income statement of the company as base and makes adjustments for cash and non-cash items to arrive at cash position.

0
|
0

"A business has current Ratio of 4:1 & a Quick Ratio of 1.2:1. If working capital is Rs. 180000. Calculate total current Assets and Stock." in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

Current ratio= Current assets / current lia. = 4:1 So, CA= 4CL ... (1)

Quick Ratio = Cash / current lia. = 1.2:1 So, Cash = 1.2CL... (2)

and Net working capital = Current Assets - Current Liabity=180000...(3)

From (1) CA= 4 CL = Cash + 2.8CL

So, CA-2.8CL = Cash

So, from (3) 180000-CL-2.8CL = Cash

So, 180000-3.8CL = Cash

So, from (2) 180000-3.8CL = 1.2CL

So, 180000=5CL

So CL= 36000

So Cash = 1.2CL = 43200

So, CA = 180000-36000=144000

So, Stock = Total CA-Cash = 144000-43200=100800

 

0
|
0

"Assuming that the Debt Equity Ratio is 2:1. State giving reason, whether the ratio will improve decline or will have no change in case bonus shares allotted to equity shareholders by Capitalizing profits." in   CBSE/Class 12/Commerce/Accountancy, Tuition/Class XI-XII Tuition (PUC)

It will decrease the D/E ratio as issuance of bonus shares will not affect debt position but it will increase the volume of equity.

0
|
0
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Apex Academy conducts classes in BTech Tuition, Class 10 Tuition and Class 11 Tuition. It is located in Ctm Char Rasta, Ahmedabad. It takes Regular Classes- at the Institute.

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