MOIZ KALABHAI STUDENT NUMBER-120491980 MBA CLASS 2013 ESSAY THE ROLE OF INTERNATIONAL MONETARY FUND 1 CONTENTS I– Page INTRODUCTION……………………………………………………………………………………….2 II – Brief History of Bretton Woods System……………………………………………………2 III – Formation of International Monetary Fund (IMF)…………………………………….3 IV – Role of IMF………………………………………………………………………………………………3 V – Post Period of 1972-81 (The Floating Exchange Rate Era)………………………….4 VI – Current Financial Crisis……………………………………………………………………………
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Explain and illustrate the roles and functions of a marketing department. The marketing department studies the market and the target customers‚ decides the best way to reach these customers‚ and works with the rest of the company to help determine the new product needs of the market. The marketing department of a company carries out marketing strategies and plans. If the company is very small‚ one person might do all of the marketing work such as research‚ selling‚ advertising
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Finance and Business Finance With the gradual progress of society & civilization and the development of science and technology‚ the scope of trade and commerce has also increased. Hence‚ the product-market has to cope with diverse competitions. To make profit in this competition‚ a businessman has to utilize his capital efficiently through proper planning so that the cost of production or selling could be kept minimum. Hence‚ a business firm can maximize its profit. For that purpose‚ every business
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Publishing | | | Chapter 4 Standard Cost Learning Objectives * To understand the meaning of standard costing‚ its meaning and definition * To learn its advantages and limitations * To learn how to set of standards and determinations * To learn how to revise standards Introduction You know that management accounting is managing a business through accounting information. In this process‚ management accounting is facilitating managerial control. It can also
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A) Straight-line Depreciation Computation End of Year Year DC X DR = ADE AD BV 2012 220‚000 25% 55‚000 55‚000 195‚000 2013 220‚000 25% 55‚000 110‚000 140‚000 2014 220‚000 25% 55‚000 165‚000 85‚000 2015 220‚000 25% 55‚000 220‚000 30‚000 ($250‚000 – $30‚000) 1/4 = 25% Please note abbreviations are the same as bellow Double- Declining-Balance Depreciation Computation End of Year Book Value Annual
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COMPLIANCE OF NATIONAL AND INTERNATIONAL SAFETY STANDARDS. OBJECTIVE To establish a safe‚ secure and systematic sea communication system‚ and marine conservation towards quality development of national maritime policy. PROFILE • Before the establishment of the Marine Department of Malaysia‚ Marine Department consists of three different independence Departments i.e. Marine Department Peninsular Malaysia‚ Marine Department Sabah and Marine Department Sarawak which were headed by different Heads of
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THE CONTRIBUTION OF COMPUTERIZED ACCOUNTING SYSTEM IN THE PERFORMANCE OF SELECTED CREDIT COOPERATIVE A. Introduction The Philippine Code of 2008 (RA 9520)‚ Article 23 defined Credit Cooperative as one that promotes and undertakes savings and lending services among its members. It generates a common pool of funds in order to provide financial assistance and other related services to its members for productive and provident purposes. Accounting is the backbone of business. It is the method
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markets provide returns to shareholders from ______. Dividends; capital gains 3) The Sarbanes-Oxley act of 2002 was passed to: Establish auditing standards. 4) In general‚ what is changing as you read down the left hand side of a balance sheet? The assets are becoming less liquid. 5) Early in the history of finance‚ an important issue was: Liquidity 6) When shareholder A sells its Ford stock to shareholder B in the secondary market‚ such as on the New York Stock
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worst of 1.2. The Hershey Company has a high current ratio as compared to the RMA’s because of the difference in their current assets. Hershey’s current assets account for 46.4% of their total assets whereas the RMA average marks current assets accounting for 51.9% of total assets‚ 5.5% higher. Average Collection Period RMA 2011 2010 Percent Change Best Average Worst 24
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UVA-F-1489 Version 2.0 GAINESBORO MACHINE TOOLS CORPORATION In mid-September 2005‚ Ashley Swenson‚ chief financial officer (CFO) of Gainesboro Machine Tools Corporation‚ paced the floor of her Minnesota office. She needed to submit a recommendation to Gainesboro’s board of directors regarding the company’s dividend policy‚ which had been the subject of an ongoing debate among the firm’s senior managers. Compounding her problem was the uncertainty surrounding the recent impact of Hurricane
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