so when customers are unable to repay their debts. In this paper‚ we will examine the 2008 financial statement of four companies in the retail industry‚ namely Courts Singapore Private Limited‚ Dairy Farm International Holdings Private Limited‚ Isetan Singapore Private Limited and OSIM International Limited. We will look at the amount of receivables of each company. In particular‚ their allowance for bad debts and bad debt expense in their financial statements. 2. About Courts Singapore
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A Review of the Cash Conversion Cycle At Lawrence Sports‚ the management of their cash conversion cycle‚ and working capital system‚ is critical to their continued success. It appears that a review of this process is needed in order to fully understand what they are currently doing‚ where they can improve‚ and how much of an impact those options will have on the company. According to Emery‚ et. al.‚ in their work Corporate Financial Management‚ “The cash conversion cycle is the length of time
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David Cameron‚ who is The United Kingdom’s current Prime Minister wishes to visit the war torn north of Sri Lanka in order to find out in detail what exactly went on over the course of about a half years’ time‚ and what has led to the horrific deaths of so many of its civilians. Cameron has requested a meeting with the controversial President of Sri Lanka‚ Mahinda Rajapaksa‚ after what the United Nations believes to be extremely heinous deaths of over 40‚000 civilians over the course of the last
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SRI LANKA Welcome all of you to Sri Lanka. Sri Lanka was known as Ceylon before 1972 and became independent in 1948.its 1972 constitution claimed it an independent republic. Based on Geography profile showing that Sri lanka is about 65‚610sq/km between West Asia and South East Asia. Sri Lanka is an island-nation situated in the Indian Ocean‚ off the south-eastern coast shores of India.‚ Sri Lanka is a multi-religious and multi-ethnic nation‚ where almost 70 percent of the population follows Buddhism
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TODAY’S SRI LANKA Development’s from 2010 to 2012 TODAY’S SRI LANKA Sri Lanka successfully concluded a war against a terrorist Liberation Tigers of Tamil Eelam (LTTE) in May 2009. There has been no terrorist violence in Sri Lanka since the end of the conflict. Today‚ Sri Lanka today is aggressively promoting ethnic reconciliation‚ redevelopment of conflict-affected areas and expanded trade and foreign investment for the restoration of normalcy throughout the island. Sri Lanka successfully
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The way Forward Sri Lanka needs to establish Good Private Universities‚ Professional Institutions and Technical Colleges The free education should be protected and developed further to cater to the talented students in the country. It is important to further develop free education in the country to be more systematic and produce employable graduates to take up the challenges and to harness opportunities globally. The sad part of this process is that every child in Sri Lanka will not get the same
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Paper No. 133 The History and Value of the Elephant in Sri Lankan Society by Ranjith Bandara and Clem Tisdell November 2005 THE UNIVERSITY OF QUEENSLAND ISSN 1327-8231 WORKING PAPERS ON ECONOMICS‚ ECOLOGY AND THE ENVIRONMENT Working Paper No. 133 The History and Value of the Elephant in Sri Lankan Society by Ranjith Bandara† and Clem Tisdell* † Department of Economics‚ University of Colombo‚ Colombo 3‚ Sri Lanka. Email: rbandara@econ.cmb.ac.lk * School of Economics
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Economy of Sri Lanka From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search Economy of Sri Lanka | World Trade Center in Colombo | Currency | Sri Lankan rupee (LKR) | Fiscal year | Calendar year | Trade organisations | SAFTA‚ WTO | Statistics | GDP | US$ 64 Billion (2012 IMF est.) / US$ 170 Billion PPP[1] | GDP growth | 7.2% (2012 est.)[2] | GDP per capita | US$ 3200 (2012 est.) / US$ 7900 USD PPP[2] | GDP by sector | agriculture: 12.8%; industry: 29.2%; services:
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playing pivotal roles in the success of firms nevertheless it is a public body or a private body. In this special report‚ it is discuss why the procurement function has risen to such prominence in this highly competitive global environment and how companies can add value to their share holders and society at large through a strategically procurement process……………………………. What is Procurement Management………. In very simple “Procurement Management” is the process of purchasing goods or services. This
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ICT/BPO is Sri Lanka’s 6th largest export earner:EDB survey | By Bandula Sirimanna | The ICT/BPO (Business Process Outsourcing) industry posted revenues of US$ 310 million in 2010/2011 becoming Sri Lanka’s 6th largest export earner.Exports from this sector rose by 47% from US$ 210 million in 2009/2010 and are set to reach $1 billion by 2015 if this momentum is continued in the coming years‚ said Export Development Board‚ (EDB) Chairman Janaka Ratnayake at a press conference in Colombo this week
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