that acting in the best interest of shareholders is also in the best interest of managers. C) asking managers to take on more risk than they are comfortable taking. D) A and B. Section: 1.2 Ownership Versus Control of Corporations 6) Accounts payable is a A) Current Asset. B) Long-term Asset. C) Current Liability. D) Long-term Liability. Section: 2.2 The Balance Sheet 7) Dustin ’s Donuts experienced a decrease in the value of the trademark of a company it acquired two years ago. This reduction
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Your Global Investment Authority PIMCO Funds Credit Bond Funds This brochure contains the following documents: Ⅲ Supplement dated March 15‚ 2013 to the Bond Funds Prospectuses regarding disclosure related to the PIMCO Income Fund. Ⅲ The Annual Report dated March 31‚ 2013. PIMCO Funds Supplement Dated March 15‚ 2013 to the Bond Funds Class A‚ Class B‚ Class C and Class R Prospectus and Bond Funds Institutional Class‚ Class M‚ Class P‚ Administrative Class and Class D Prospectus‚
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Asset Backed Security (ABS) An asset-backed security is a financial security backed by a loan‚ lease or receivables against assets other than real estate and mortgage-backed securities. For investors‚ asset-backed securities are an alternative to investing in corporate debt. An ABS is essentially the same thing as a mortgage-backed security‚ except that the securities backing it are assets such as loans‚ leases‚ credit card debt‚ a company’s receivables‚ royalties and so on‚ and not mortgage-based
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moa [pic] MEMORANDUM AND ARTICLES OF ASSOCIATION |The Companies Act‚ 1956 | |Company Limited by Shares | |Memorandum of Association
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deposit $1‚417‚000; cash advance to subsidiary of $992‚770; utility deposit paid to gas company $198. 2. Checking account balance $503‚630; an overdraft in special checking account at same bank as normal checking account of $20‚900; cash held in a bond sinking fund $235‚120; petty cash fund $332; coins and currency on hand $1‚460. 3. Checking account balance $606‚360; postdated check from a customer $11‚450; cash restricted due to maintaining compensating balance requirement of $119‚770; certified
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CH1 FINANCIAL SYSTEM - Money: medium of exchange solves divisibility problem. - Financial system provides investment products (shares & deposits)‚ risk management products (insurance)‚ alternative funding sources (loans). Transfer funds from surplus to deficit economic unit by new financial assets in primary market & trading of existing financial assets in secondary market. - Portfolio structuring is buying/selling
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Notes to Ben Graham’s Security Analysis 2nd and 3rd Editions Vinod Palikala August‚ 2009 As Graham notes in the preface‚ the book is “concerned chiefly with concepts‚ methods‚ standards‚ principles‚ and‚ above all‚ with logical reasoning”. To get the most out of this book‚ it is essential to see past the many seemingly rigid guidelines to understand Graham’s reasoning. This is my attempt to summarize the main message Ben Graham is trying to convey. In the book‚ it is difficult to relate the
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Why do entities choose the type of investment or source of funds that they do? Are there any other choices? Do these other choices exist? Why do they exist? Funds may travel from surplus entities to deficit entities‚ but why does this happen‚ and how. Surplus entities choose the type of investment to financially benefit themselves‚ as do deficit entities‚ choose the best finance of funds available to them with the lowest penalty. Not always is this choice available. Most of the types of investment
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CONCEPT QUESTIONS - CHAPTER 1 1.1 ( What are the three basic questions of corporate finance? a. Investment decision (capital budgeting): What long-term investment strategy should a firm adopt? b. Financing decision (capital structure): How much cash must be raised for the required investments? c. Short-term finance decision (working capital): How much short-term cash flow does company need to pay its bills. ( Describe capital structure. Capital structure
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2 most recent year end reporting period which are 2010 and 2009. This report will cover the actual numbers from McDonald’s Corp balance sheet. The balance sheet lists each individual account that applies as a liability account. Accounts payable‚ notes payable‚ short term debt‚ accrued liabilities‚ and other current liabilities added together will give you the actual year-end dollar amounts for total current liabilities. Long term debits added together configures the dollar amount according to
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