Secondly‚ the bank valuation of PTI ($600K) appears inflated as the bank’s valuation is notably more than PTI’s book value ($292K)‚ calculated with an inflated price/earnings multiple for a company with no proprietary assets and does not discount any contingent liabilities. Finally‚ it will be difficult for PTI to achieve long-term growth since PTI has no proprietary assets and that the company is in a mature industry in a slowing economy. Business Venture Status and Characteristics As an established
Premium Balance sheet Finance Debt
Situation Re- port Comment 1. A company has not followed generally accepted accounting principles in the recording of its leases. 7 2. A company has not followed generally accepted accounting principles in the recording of its leases. The amounts involved are immaterial. 1 3. A company valued its inventory at current replacement cost. While the auditor believes that the inventory costs do approximate replacement costs‚ these costs do not approximate any GAAP inventory valuation method
Premium Generally Accepted Accounting Principles Depreciation Inventory
she is a girl. Necessary truths: Something that will always be true no matter what the circumstances or situation is. An example would be that ‘I am a female’. Contingent truths: A truth that in some cases may be true‚ however it could also have been false. If there is anyway in which this truth could be false‚ it is contingent. An example of this would be ‘Dogs have 4 legs’; some dogs have to have legs amputated‚ therefore isn’t true in every case. A Priori: Knowledge that has not been supported
Free Logic
How Reason Further Validates God’s Existence What real evidence is there to support God’s existence? Many people have trouble with relying on faith alone to believe in such things. Some of those people may ask this question often. Although we may have a strong faith and believe firmly that God exists‚ we should still look to strengthen our knowledge and understanding of our faith. Our faith is all supported and based on God. That is why it would make sense to start by examining God‚ and proof
Premium Ontology Metaphysics Existence
“God’s existence can be proved a priori” Discuss Trying to prove that God exists is a difficult argument and many people have tried many different ways. The Ontological argument is one argument; at the centre of the argument is the concept of existence. The Ontological argument has been argued from a group of philosophers for the existence of God. "Ontological" means talking about being and so that being is the existence of God. The ontological argument differs from other arguments in favour
Premium Ontology Metaphysics Ontological argument
KIIT UNIVERSITY KIIT SCHOOL OF LAW Subject- Law of Contracts-I(101) Topic: ENFORCEABILITY OF CONTRACT AND BENEFITS OF THIRD PARTY Submitted by- Name : Arnabi Dutta Course: B.A. LL.B Roll No: 1283024 (A) Session: 2012-13 [First Semester] Acknowledgement This project bears on imprint of many peoples. I sincerely thank to Sir Puranjoy Ghosh and Ma ’am Jinia Kundu‚ faculty members of KIIT School of Law‚ KIIT University for providing me an opportunity to do my project work on
Premium Contract Contract law
The Theory and Practice of Insurance Sovereign Catastrophe Risk Financing Limitations of Traditional Insurance and the Potential of Alternative Risk Transfer Solutions Supervised by: Prof. Christopher L. Culp Authors: Martin Reinhard ID- No: 05-723-648 martinreinhard@gmx.ch Aicha Khuder ID- No: 11-106-937 aicha_khuder@yahoo.de Susanna Kullenberg ID- No: 11-111-499 susanna.kullenberg@gmail.com Bern‚ February 27th 2012 Table of Content Abstract ...................................
Free Insurance Actuarial science Risk management
LEGAL ASPECTS OF BUSINESS LESSON 10: VOID AGREEMENTS Learning Outcomes After today’s class you should be able to answer the following questions; • • • The agreements expressly declared to be void The uncertain agreements The wagering agreements have not been discussed in the preceding chapter. Illegal agreements are also ‘unlawful agreements’ as they are expressly declared void by the Contract Act. It may be recalled that in the case of illegal agreements‚ transactions collateral to them
Premium Contract
developed and renamed as MLQ 5X (Bass and Avolio 1990). The idea of transactional leadership style was mainly based on the exchange principle (Burns 1978). According to the MLQ 5X‚ the transactional leadership model includes three elements‚ they are contingent reward‚ management-by-exception active and passive forms (Bass and Avolio
Premium Leadership Management
approach emphasizes the positive and freewill aspects of human behavior and uses concepts such as expectancy‚ demand‚ and intention. Behaviorist approach is environmentally based. Social cognitive theory recognizes the importance of behaviorism’s contingent environmental consequences‚ but also includes cognitive processes of self regulation. [pic] Contents • Theoretical Frameworks or Perspectives in Psychology • Cognitive Framework • Behavioristic Framework • Social Cognitive
Premium Psychology Behaviorism