Contents Introduction 3 1. Doctrinal bases of liability 4 1.1. Reasonable Care and Skill . 4 1.2. Fiduciary Law 5 1.3. Knowing Receipt‚ Inconsistent Dealing‚ and Assistance 6 1.4. Emerging Standard: Due Diligence‚ Suitability‚ Good Faith 7 2. Duty to advise and the liability for the advice given 8 2.1. Duty to advise 8‚ 9 2.2. Liability for advice given 10 Referencing 12 Introduction In this report I defined the duties and liabilities of a Banker under Advisory
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Initial cash flow at t=0: Purchase: -$700‚000 Shipping and installation: -$100‚000 Depreciable basis = $800‚000 Old machine after taxes = $120‚000 - ($120‚000-$80‚000)(.40) = $104‚000 Initial Cash flow = -$800‚000 + $104‚000 = -$696‚000 Depreciation: Year 1: $800‚000 * .3333 = $266‚640 Year 2: $800‚000 * .4445 = $355‚600 Year 3: $800‚000 * .1481 = $118‚480 Year 4: $800‚000 * .0741 = $59‚280 Yearly revenue change: Decrease operating expenses of $90‚000 Incremental net cash flow at
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CQ Chapter 7 C7.1. The measure of the required return from the CAPM is imprecise. It involves an estimate of a beta and the market risk premium. Betas are estimated with standard errors of about 0.25‚ so if one estimated a beta of 1.2‚ say‚ it could actually be 0.95 or 1.45 with reasonable probability. And the market risk premium is a big guess. See the appendix to Chapter 3. Fundamental investors do not like to put speculation into a valuation‚ and the CAPM required return is speculative.
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Limited (HLL)‚ is India’s largest consumer products company. It was formed in the year 1933 as Lever Brothers India Limited. Headquartered in Mumbai‚ India‚ it has about 45‚000 employees and is the market leader in the FMCG industry in India. Financial Statement Analysis of Hindustan Unilever Ltd. |Items |Year 2007 |Year 2006 | | | |
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THE COCA-COLA COMPANY CONSOLIDATED INCOME STATEMENT YEAR ENDED 31 DECEMBER 2009‚ 2008 Analysis of Consolidated Statements of Income Percent Change Year Ended December 31‚ 2009 2008 2009 vs. 2008 (In millions except percentages and per share data) $ $ % NET OPERATING REVENUES 30‚990 31‚944 (2.99)% Cost of goods sold
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Notes to Consolidated Financial Statements Note 1 Business and Summary of Significant Accounting Principles (10 items) Description of Business The Open-Road Motorcycle Company is the largest online retailer of salvage title motorcycles. We are focused on bringing the customer the best value on entry level motorcycles by providing lower prices than our competitors. Our motorcycles are sold all over the United States‚ and we currently have 30 stores all across the country. Property‚ Plant
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References: 3) Kimmel‚ P.D.‚ Weygandt‚ J.J.‚ & Kieso‚ D.E. (2007). Financial Accounting: Tools for business decision making Reuters. (2007). Hershey Ord Shs: Key Ratios. Retrieved October 8‚ 2007‚ from 5) The Hershey Company 6) The Hershey Company. 2003 Annual Report Management Discussion and Analysis: http://media.corporate-ir
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ISSUE OF THE CASE are the communications elicited by the subject three (3) questions covered by executive privilege? Second‚ did the respondent committees commit grave abuse of discretion in issuing the contempt order? BASIS OF THE CASE I The Communications Elicited by the Subject Three (3) Questions Covered by Executive Privilege Whether the president followed up the (NBN) project Were you dictated to prioritize the ZTE Whether the president said to go ahead and approve the project
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stanAccounting Standard (AS) 3 (revised 1997) Cash Flow Statements Contents OBJECTIVE SCOPE BENEFITS OF CASH FLOW INFORMATION DEFINITIONS Cash and Cash Equivalents PRESENTATION OF A CASH FLOW STATEMENT Operating Activities Investing Activities Financing Activities REPORTING CASH FLOWS FROM OPERATING ACTIVITIES REPORTING CASH FLOWS FROM INVESTING AND FINANCING ACTIVITIES REPORTING CASH FLOWS ON A NET BASIS FOREIGN CURRENCY CASH FLOWS EXTRAORDINARY ITEMS INTEREST AND DIVIDENDS TAXES ON INCOME
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in IFRS financial statements Considerable attention is currentiy being given to the use of fair vaiues and fair value accounting in financiai statements prepared under internationai Financiai Reporting Standards. This month’s coiumn ciarifies what is meant by fair value accounting and when iFRS require or allow its use. It also identifies the circumstances in which IFRS requires the use of fair value in the application of the historical cost model. In IFRS financial statements‚ fair values
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