CIMA’S Official Study System Revised edition relevant for 2005/2006 Computer based assessment Certificate Level Business Mathematics Sandra Peers AMSTERDAM BOSTON HEIDELBERG PARIS SAN DIEGO SAN FRANCISCO LONDON NEW YORK SINGAPORE SYDNEY OXFORD TOKYO CIMA Publishing An imprint of Elsevier Linacre House‚ Jordan Hill‚ Oxford OX2 8DP 30 Corporate Drive‚ Burlington‚ MA 01803 First published 2005 Copyright # 2005‚ Elsevier Ltd. All rights reserved No part of this publication
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CHAPTER I INTRODUCTION OF THE COMPANY RCP ENGINEERING WORKS was established in 1990. The combination of experience‚ technology and efficiency makes their team of engineers‚ technical staff of their marketing ‚ fabrication and services‚ the ideal choice. RCP ENGINEERING WORKS is customer-oriented company. They work closely with their customers to identify problems‚ recommending solutions‚ finding the right applications‚ and providing their customers in the industrial‚ commercial‚ agricultural
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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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shares. 68 (2) Conditions for Buy back No company shall purchase its own shares or other specified securities under sub-section (1)‚ unless— (a) the buy-back is authorised by its articles; (b) a special resolution has been passed at a general meeting of the company authorising the buy-back: Clause (b) not apply to a case where— (i) the buy-back is‚ ten per cent. or less of the total paid-up equity capital and free reserves of the company; and (ii) such buy-back has been authorised
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Tucker Company In 1978 the Tucker Company underwent an extensive reorganization that divided the company into three major divisions. These new divisions represented Tucker’s three principal product lines. Mr. Harnett‚ Tucker’s president‚ explained the basis for the new organization in a memo to the board of directors as follows: The diversity of our products requires that we reorganize along our major product lines. Toward this end I have established three new divisions: commercial jet engines‚
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Company Law 1) Explain the background to the case Salomon vs. Salomon. Mr. Salomon was a leather merchant in a large establishment. Solomon converted his business into a limited company as Solomon and Company limited with his wife and five children becoming members. Each member took one £1 share each. The company bought the business for £39‚000. Mr. Salomon subscribed for 20‚000 further shares. The company also gave Salomon £10‚000 in debentures (i.e. Salomon gave the company a £10‚000 loan
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two quite different industries – pharmaceutical and retail. In addition‚ there are longer-range concerns about capacity constraints in the face of rapidly growing demand. 1. Identify and assess the operations problems occurring at The Morrison company. o Significant increases in sales and shortage of available raw material cause problems in the production process o There are inefficiencies that are caused by a shortage of materials‚ especially in ICs‚ because the producers reduced their stock
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Issue: • Recommendation for Mary‚ and influences to the advice. • Whether a public entity is the most appropriate entity for her mining venture. • Should Susan incorporate? If so‚ should she adopt a company structure? • Assuming Susan adopts a company structure‚ what type of Liability Company should Susan adopt? Relevant Laws: Form of association: • Consider the possible form of association‚ corporate and non-corporate • Consider comparative advantages and disadvantages of each form of association
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Business sector – Private/Ltd (Limited Trade Company) A limited trade company is a company in which the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. And the former of these‚ a limited company limited by shares‚ may be further divided into public companies and private companies. Who may become a member of a private limited company is restricted by law and by the company’s
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