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A sinking fund is a fund set up by a corporation to retire a bond issue before maturity.
Sinking funds are used to ensure that a corporation has enough funds to repay its debt obligations.
Money is periodically deposited into the sinking fund to accumulate until the bond's maturity date.
The corporation then uses the funds in the sinking fund to buy back a portion of the outstanding bonds.
Sinking funds can help reduce the...
Accruals are adjustments made to financial statements to reflect the recognition of revenues and expenses in the period they are earned or incurred, regardless of when cash is exchanged.
Accruals are used to match revenues and expenses to the time period in which they are incurred, rather than when cash is exchanged.
Accruals are necessary for accurate financial reporting and to provide a more realistic view of a company...
I applied via Campus Placement and was interviewed in Jun 2021. There was 1 interview round.
Yes, I have a laptop and WiFi connection.
I have a laptop with a reliable internet connection.
I can access the internet through WiFi.
Having a laptop and WiFi allows me to work remotely and stay connected.
I can use online resources and tools for learning and professional development.
I applied via Walk-in and was interviewed before Oct 2021. There was 1 interview round.
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I appeared for an interview in Mar 2017.
To make the red fishes 98%, 50 fishes have to be removed from the aquarium.
Calculate 1% of 200 fishes, which is 2 fishes.
To make the red fishes 98%, subtract 1% (2 fishes) from 99% (198 fishes).
To find the number of fishes to be removed, divide the difference by 1% (2 fishes).
Therefore, 50 fishes have to be removed to make the red fishes 98%.
I appeared for an interview in Feb 2017.
I appeared for an interview in Mar 2017.
To make the red fishes 98%, 50 fishes have to be removed from the aquarium.
Calculate 1% of 200 fishes to find the number of red fishes.
Subtract the number of red fishes from 200 to find the number of non-red fishes.
Calculate 2% of the total number of fishes to find the desired number of red fishes.
Subtract the desired number of red fishes from the current number of red fishes to find the number of fishes to be removed.
posted on 3 May 2017
I appeared for an interview before May 2016.
based on 3 interviews
Interview experience
based on 21 reviews
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