General Concepts 3 min read
Memory
Computer’s memory can be classified into two types; primary memory and secondary memory a. Primary Memory can be further classified…
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Characteristics Of Computers
The characteristics of computers that have made them so powerful and universally useful are speed, accuracy, diligence, versatility and storage…
General Concepts 3 min read
What Is Hardware Engineering?
Hardware Engineering is the process of designing, developing, testing and producing computer systems and various physical components related to computer…
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Uses of Break even analysis
Breakeven analysis is useful for the following reasons: · It helps to determine remaining/unused capacity of the concern once the breakeven…
General Concepts 1 min read
Calculation of Break-Even Analysis
The basic formula for break-even analysis is driven by dividing the total fixed costs of production by the contribution per…
General Concepts 3 min read
Opportunity Cost
What Is Opportunity Cost? Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over…
General Concepts 3 min read
Time Value of Money (TVM)
What Is the Time Value of Money (TVM)? The time value of money (TVM) is the concept that money you have now…
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The Meaning of Equivalence
In order to evaluate investment alternatives, sums of money produced at different points in time must be compared. This is…
General Concepts 2 min read
Factor Formulas
The table below summarizes the equivalency factors . The Name column shows the traditional names for the factors. Each factor has a…
General Concepts 3 min read
Equivalent annual cost
In finance, the equivalent annual cost (EAC) is the cost per year of owning and operating an asset over its entire lifespan.…
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cost dominated cash flow diagram
Cash Flow Cash flow is the sum of money recorded as receipts or disbursements in a project’s financial records. A…
General Concepts 2 min read
WORKEDOUT PROBLEMS
Single-Payment Compound Amount A person deposits a sum of Rs. 20,000 at the interest rate of 18% compounded annually for…