Street Lighting: Objectives, Principles, Advantages and Disadvantages

Manish Kumar Saini
Updated on 17-May-2022 11:33:39

15K+ Views

A source of light that is mounted on a lamp column or pole either on the side of the road or within the median to provide illumination is known as street lighting.Street lighting is required along the road to have safer, comfortable, convenient and efficient movement of vehicles at night.Objective of Street LightingThe primary objectives of street lighting are −Street lighting is required to increase or enhance the community value of the street.Street lighting is provided along the road sides to make traffic and obstructions on the road clearly visible in order promote safety and convenience.Street lights also make the ... Read More

What is Flood Lighting: Definition, Purpose, Calculation and Applications

Manish Kumar Saini
Updated on 17-May-2022 11:26:47

14K+ Views

The flooding of large surfaces with light through powerful projectors, where the light sources are concentrated into narrow light beams using specific reflectors is known as flood lighting. Flood lighting is an artificial light with high-intensity, broad beam.Purpose of Flood LightingThe flood lighting may be employed for the following purposes −To enhance the beauty of the ancient monuments at night.To illuminate the railway yards, car parking, sport stadiums, construction sites, etc.To illuminate the advertising boards and show-cases, etc.Location and Mounting of ProjectorsIn practice, there are two possible locations of projectors for flood lighting, which are −For small buildings, uniform flood ... Read More

Why Law is Considered an Honorable Career

Manoj Rawat
Updated on 17-May-2022 11:24:06

405 Views

There are numerous career options available for the young and aspiring students in our country. When it comes to choosing a career option, a majority of people treat law as an honorable career option and are seriously moving towards it to make it as their career.Why Law is Considered HonourableThe main reason people consider law as an honorable career is that:It involves helping others by resolving their legal issues.The legal system of every country is complex, therefore results in numerous legal career options, from lawyer to judges to mediators to paralegals to secretaries to consultants.Law touches every part of our ... Read More

Professional Challenges Faced by a CA

Manoj Rawat
Updated on 17-May-2022 11:19:57

1K+ Views

Chartered accountancy is a profession which works closely with the core of all business whether it is small, medium or big size firm. A professional chartered accountant typically involves in accounting, auditing, tax, and financial planning. This job is highly rewarding and is also considered very challenging. Career opportunities post chartered accountancy are full of excitement.There are various professional challenges that a person can face while working as a CA. You can see these challenges below:Have to Work OvertimeDuring the fiscal year, there come several times when a chartered accountant has to work more than 70 hours a week.Competitive JobCA ... Read More

Analyze Comparative Financial Statement

Probir Banerjee
Updated on 17-May-2022 09:10:49

720 Views

What is Comparative Financial Statements?Comparative financial statements provide a comparison between key financial metrics for two consecutive years. It is a very useful tool to check whether the company’s financials are moving in the right direction. It is a document that lists two or more years of financial performance of a company to offer a bird’s eye view of the comparison between two years of financial data. However, some caution must be taken while comparing the items in two financial statements.Analyzing Comparative Financial Statements is not tough as the interpretation of data does not require expert knowledge. However, in the ... Read More

Comparative Financial Statement: Definition and Purpose

Probir Banerjee
Updated on 17-May-2022 09:07:56

2K+ Views

What are Comparative Financial Statements?Comparative financial statements are statements which show a company’s statement in two or more consecutive periods in a single statement. Usually, the entities included in the comparative financial statements include balance sheets, profit and loss accounts, and cash flow statements for two consecutive years.The idea behind preparing a comparative financial statement is to evaluate or judge the performance of the company in two financial years.Generally speaking, the financial statements which are usually included in a comparative financial statement are as the following −The Balance Sheets of two or more financial periods.The income statements with data from ... Read More

How Equity Growth is Measured

Probir Banerjee
Updated on 17-May-2022 09:04:12

926 Views

What is Growth Rate?The growth rate of a company is its ability to grow using and investing whatever it has in its operations. The rate is a measure of the capability of a company to have an efficient mechanism of operations that could churns out more profits in two comparable situations.Like most other ratios, the growth rate is not useful when used alone. For the growth rate to be meaningful, two or more companies should be considered from the same industry. The growth rates of companies also depend on the circumstances that are related to the company’s business.For example, if ... Read More

Role of DuPont Analysis in Assessing Company's Earning Power

Probir Banerjee
Updated on 17-May-2022 08:52:39

353 Views

What is DuPont Analysis?The DuPont Analysis is a financial model that offers insight into the basic performance of a company. It breaks down the Return on Equity (ROE) into three key individual metrics to do so. The DuPont analysis is a product of asset turnover, gross profit margin, and operating leverage.Simply put, $$\mathrm{ROE\, =\, Net\: Profit\: Margin\, \times \, Assets\: Turnover\, \times\, Equity \: Multiplier}$$It may be noted here that the ROE of a company is considered as its earning power. Another component that is considered as a part of earning power of a company is the Return on Assets ... Read More

Significance of Konark Sun Temple

Rashmi Iyer
Updated on 17-May-2022 08:49:50

2K+ Views

Konark Sun Temple is a classic example of Orissan Temple with its grandeur popular in the whole world and marking the efflorescence in the architecture of Orissa. It actually serves a testimonial of unmatched imagination and extreme dedication and efforts of the artists to construct this monument. Sir John Marshall remarked ‘I think there is no monument in Hindustan that is at once so stupendous and proportionate at the same time like the black pagoda of Konark’.Some of the important points about the Konark Sun Temple can be understood under the following heads.ArchitectureThe symbolism and significance of the temple revolve ... Read More

What is Meant by Earning Power

Probir Banerjee
Updated on 17-May-2022 08:49:24

520 Views

Definition of Earning PowerA company’s ability to generate profit from its operation is known as the company’s earning power. In other words, earning power is a company’s capability to generate profit from operations. The generation of profit is compared against the goods and services offered in a particular industry to check the earning power of different companies. Investors usually check the earning power of a company to see whether a company is worth to put the investment in they want in that company.Earnings power is the company’s capability to derive profits from the invested capital in it by the investors. ... Read More

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