Banking and Economics Economic Profit Vs Accounting Profit: Economic profit consists of revenue minus implicit (opportunity) and explicit (monetary) costs. Accounting Profit consists of revenue minus explicit costs (monetary cost). Classified loan: Any bank loan that is in danger of default is called a classified loan. Classified loans have unpaid…
Bangladesh’s two leading mobile phone operators have entered into an agreement with other leading banks to expediting agent banking in the country under a revenue sharing agreement, which giving a major boost to financial inclusion. According to the report, retailers and distributors of Grameenphone and Robi which are two major…
Ride sharing service is becoming more and more familiar and interesting to the citizens of every busy towns and cities. Towns have bus, minibus, pickup, motorcycle, car and other vehicles for transportation. Resident of cities and towns though have own car, motorcycle and other vehicles, for traveling they feel uneasy…