Overview: Sinclair Company is considering the purchase of new equipment to perform operations currently being performed on different‚ less efficient equipment. The purchase price is $250‚000‚ delivered installed. Sinclair production engineer estimates that the new equipment will produce savings of $72‚000 in labor and other direct costs annually‚ as compared with the present equipment. She estimates the proposed equipment’s economic life at five years‚ with zero salvage value. The present equipment
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I. Objectives of the following Companies and Organizations BPI 1. To contribute towards the uplift of the quality of Philippine education in identified areas in need of development; 2. To support programs that provide opportunities for expansion of microenterprises and small and medium enterprises (SMEs)‚ generation of employment and livelihood opportunities; 3. To catalyze programs for the delivery of basic social services in its communities; and 4. To contribute towards the renewal and enhancement
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Case Study 2 Internal Control of Ljb Company |Case study : 2 | |Internal Control Evaluation | |LJB Company | | | To whom to be submitted: Prof. Kim Chung By whom to be submitted: Md.Tanvir Apon Submission Date: 02/09/2014 Table of Contents |S/L. |Description |Page No. | |1. |Preface |3 | |2. |LGB Company: Internal Control Evaluation |4-6 | |3. |References |7 |
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Producer Company Model - Current Status and Future Outlook : Opportunities for Bank Finance EV Murray* In recent times‚ almost every major business house of the country is venturing in a big way into the agri-business sector‚ especially with regulations allowing corporates to now directly have contractual arrangements with farmers. One of the triggers for this newfound interest in agribusiness by the corporates is the change occurring in the retail markets‚ where consumers are making dramatic shift
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Companies Ordinance‚ 1984 Provided that‚ before a licence is so revoked‚ the Commission shall give to the association notice in writing of its intention‚ and shall afford the association an opportunity of submitting a representation in opposition to the revocation. COMPANIES LIMITED BY GUARANTEE 43. Provision as to companies limited by guarantee.- (1) In the case of a company limited by guarantee and not having a share capital‚ every provision in the memorandum or articles or in any resolution
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Harvard Business School 9-689-030 Rev. December 11‚ 1998 Donner Company In October 1987‚ Edward Plummer‚ president of the Donner Company‚ was reviewing the company’s position prior to planning 1988 operations. The Donner Company manufactured printed circuit boards to the specifications of a variety of electronics manufacturers. Each board consisted of a thin sheet of insulating material with narrow metal strips (conductors) bonded to its surface. The insulating sheet acted as a structural
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BUS203 Company Law and Corporate Governance Assignment 2 - Group-Based Assignment July 2012 Presentation BUS203 Group-based Assignment Group-based Assignment This assignment is worth 30% of the final mark for BUS203 Company Law and Corporate Governance. The cut-off date for this assignment is 14 October 2012‚ 2359 hrs. This is a group-based assignment. You should form a group of 3 members from your seminar group. Each group is required to upload a single report to MyUniSIM via
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COMPANY LAW ISSUE 1 MAIN ISSUE; Danny‚ who is one of the directors‚ doesn’t hold any shares at all in the company. LAW; Section 124 talks about “Qualification of Director” Section 124 (1) states that “Without affecting the operation of any of the preceding provisions of this Division‚ every director‚ who is by the articles required to hold a specified share qualification and who is not already qualified‚ shall obtain his qualification within two months after his appointment or such
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1. Calculate the following ratios for each year during the period 1980-1983. Comment on the trend indicated by each ratio with respect to the financial performance and condition of the Charter Company. A. Profitability: Return on average total assets (assume a 46% income tax rate) = EBIT/Total Assets 1983 = 133896 / 1813199 = .073845 1982 = 108180 / 1628046 = .066448 1981 = 155673 / 1541326 = .100999 1980 = 145485 / 1746260 = .083312 1979 = 446649 / 1728694 = .258373 B. Turnover: i. Accounts
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Source of Funds for Buy Back Source of funds for Buy back subject to the provisions of sub-section (2)‚ out of— (a) its free reserves; (b) the securities premium account; or (c) the proceeds of the issue of any shares or other specified securities: Remarks:- No buy-back of shares out of the proceeds of an earlier issue of the same kind of shares. 68 (2) Conditions for Buy back No company shall purchase its own shares or other specified securities under sub-section (1)‚ unless— (a)
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