CHAPTER-I INTRODUCTION 1.1 Back ground of Study Working Capital refers to that part of the firm’s capital‚ which is required for financing short-term or current assets such a cash marketable securities‚ debtors and inventories. Funds thus‚ invested in current assets keep revolving fast and are constantly converted into cash and this cash flow out again in exchange for other current assets. Working Capital is also known as revolving or circulating capital or short-term capital. Therefore
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Which of the following is NOT normally regarded as being a barrier to hostile takeovers? (Points : 5) | Abnormally high executive compensation Targeted share repurchases Shareholder rights provisions Restricted voting rights Poison pills | 2. (TCO F) Which of the following statements is correct? (Points : 5) | The MIRR and NPV decision criteria can never conflict. The IRR method can never be subject to the multiple IRR problem‚ while
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information provided‚ Erin’s employment with CCC was terminated in July 2009 and Erin was informed on July 31‚ 2009. Thus the payment Erin received in August is considered as pay in lieu of termination notice. Therefore‚ it is taxable income and should be reported as employment income in her tax return. But it seems that the amount of $9500 she received is net of tax amount (her total before tax salary for two moths is $12‚000). She should contact CCC to get a T4 slip so that she will not be double
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Zach Powell Mr. Malarkey Ethics 11/21/14 Terrorism Terrorist acts against humanity create fear in many people. The act of terrorism violates the Catholic virtues of justice and charity‚ and creates conflict with just- war theory. Our response must be done justly for the betterment of society. Terrorism is gravely against justice and charity‚ and contrary to human dignity. There are various definitions of terrorism. According to the Harvard Review of Psychiatry it is the use of force or violence
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Catholic Church is a universal church for God’s works to gather the whole world unto himself. The Church is “catholic” in two essential ways: 1. “Because Christ is present in her” (CCC 830). 2. “Because she has been sent out by Christ on a mission to the whole of the human race” (CCC 831). The Church as Apostolic: The Church is apostolic because she was built on the foundation of the apostles‚ she guards and hands on the teachings of the apostles and she is taught and
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Contemporary Cultural Studies (CCCS) used these ideas to explain youth culture. They argued that youth culture was the result of youths fighting against a capitalist society. In this essay I will look at the theories developed on youth culture in the 60’s and 70’s and assess whether they can be related to the youth culture of today. The theories I will explore are Abrams ideas on youth culture and consumerism‚ Eisenstadts functionalist theory and the Marxist theories of the CCCS‚ Cohen and Hebdidge.
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Homosexual acts are intrinsically disordered.142 They are contrary to the natural law. They close the sexual act to the gift of life. They do not proceed from a genuine affective and sexual complementarity. Under no circumstances can they be approved. (CCC
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LITERATURE REVIEW In intention to discover the relationship between efficient working capital management and firm’s profitability(Shin & Soenen‚ 1998) used net-trade cycle (NTC) as a measure of working capital management. NTC is basically equal to the CCC whereby all three components are expressed as a percentage of sales. The reason by using NTC because it can be an easy device to estimate for additional financing needs with regard to working capital expressed as a function of the projected sales growth
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Question 2 Hans & Co.‚ CGAs‚ is auditing CCC Inc.s 2010 financial statements. Hans previously audited the companys 2008 and 2009 financial statements. The 2008 audit resulted in a qualified opinion because the auditors were unable to verify the opening inventory for that year‚ but the 2009 audit resulted in an unqualified opinion. Julia worked on the previous two audits and is familiar with most of the staff at CCC‚ including the office manager‚ Marcus. Julia was scheduled to meet with Marcus on
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This was an initiative by the community police forum in an effort to make Centurion safer and simultaneously to assist the SAPS in fighting and preventing crime (CCC‚ 2014). The members of Centurion Concerned Citizens are all devoting their own time‚ money and efforts to make Centurion safer (CCC‚ 2014). Although the researcher believes that communities should stand together to combat crime‚ the researcher is also of the view that various platforms such as the ones mentioned‚
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