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What is lakh per annum

LPA stands for lakhs per annum that is how many lakhs you will be given every year. If it is 1.2 LPA that means 1,20,000 is your annual salary which when divided by number of months gives your monthly salary. Lakh is sometimes written as Lac or Lacs is a… 

What Is Leverage And Its Types

In finance, leverage is a strategy that companies use to increase assets, cash flows, and returns, though it can also magnify losses. There are two main types of leverage: financial and operating. 1 Financial Leverage. When a company uses debt financing, its financial leverage increases. … 2 Financial Leverage Ratio.…