Activity Based Costing (ABC) Definition Process – Calculation with Example

activity-based-costing-concept

Activity based costing can be defined as a system which the businesses uses to track the cost of a system which is primarily focused on the activities which are used for producing any product. In activity based costing, the costs are first traced to the…

Time Value of Money (TVM) Definition Formula & Calculation with Example

time-value-of-money

The concept of time value of money is a concept in the financial management which explains that the monetary received now has more value the same amount which will be received in the future.  The potential of the money invested and the interest earned when…

PPF Calculator – How to Calculate PPF Interest Rates on Investment?

ppf-calculator

PPF also is known as Public Provident Fund; It was introduced in 1968 in India. Well, its an India backed long term saving schemes that were launched by the government that offers the benefits to the investor on their tax under the income tax act,…

SBI ATM PIN Generation – Learn How to Update SBI Debit Card Pin

sbi-atm-pin-generation

SBI bank is now doing great these days. Apart from providing the financial and banking needs to the customers. They are also providing the unique banking services which most of the government banks do not offer. We do know that SBI is one of the…

Profit Margin Formula : How to Calculate and What to know more?

Profit-Margin

It’s one of the profitable ratios, which is mostly used to gauge the degree to the business, or the company generates the money. Profit margin also shows the percentage in sales, which are now the profit.  In other word, the Profit margin is a percentage…

IDBI Bank Car Loan – How to Open, Interest Rates and EMI Calculator?

idbi-bank-car-loan

We do know that IDBI bank offers everything to the customers. From personal banking to corporate banking accounts. They are offering financial services as well as the home loan, education loan and today we are going to talk about the IDBI bank car loans. IDBI…

IDBI Bank Account (Saving and Current) Opening with ZERO Balance

idbi-bank-account-opening

Savings accounts were started so that the customers can earn some interest without opening any FD or RD, and somehow, it is beneficial for day to day banking needs. However, not all savings accounts are equal. Every other bank does offer different rates of interest…