__________1. A company which foregoes the discount when credit terms are 4/15 net 70 is essentially borrowing money from his supplier for an additional: (A) 40 days (B) 55 days (C) 70 days (D) 85 days. __________2. A company that foregoes a discount of 1/7 net 30 is essentially borrowing money from the vendor at: (A) 1% (B) 12.29% (C) 16% (D) 52.7%. __________3. What factors should we consider when selecting a source of short-term credit? (A) Effective cost and availability (B) Liquidity and profitability
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of dividends and grant of advances and loans. 25. Prohibition of loans‚ etc.‚ to directors‚ officers and employees. 26. Restriction on grant of loan‚ advance or credit facility under section 25 (4). 27. Restriction of credit to single customer. 27A. Control of credit limits. 28. Disclosure of interests by directors. 29. Limitation on credit facility for purpose of financing the purchase or holding of shares. 30. Proof of compliance with sections 24‚ 25‚ 26‚ 27 and
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information asymmetries and difficulties in selecting customers. 1.2 Consequence of adverse selection Information imperfections‚ such as asymmetric information‚ are important frictions in financial markets. Even in normal times‚ borrowers in credit markets often know more than lenders about the quality of the collateral and the riskiness of their investments. If high- and low-risk borrowers are indistinguishable‚ then high-risk borrowers benefit at the expense of low-risk borrowers. The resulting
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Board of Directors that accompanies official NBER publications. © 2010 by Alicia M. Robb and David T. Robinson. All rights reserved. Short sections of text‚ not to exceed two paragraphs‚ may be quoted without explicit permission provided that full credit‚ including © notice‚ is given to the source. The Capital Structure Decisions of New Firms Alicia M. Robb and David T. Robinson NBER Working Paper No. 16272 August 2010 JEL No. G21‚G24‚L26 ABSTRACT This paper investigates the capital structure
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RETAIL BANKING Project Work Acceleration‚ Deceleration & Moderation in the growth of retail credit in India David Varghese 2011PGPRAK004 PGP RAK‚ IIM INDORE Introduction Retail banking is the mobilization of deposits‚ lending and provision of financial services by a bank in the retail segment which results in fee-based income. Retail lending has been a great innovation across the globe in the commercial banking sector in recent years. Lending is not a new concept- it has been
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Fleeing Hope: A Lonely Portal to the Unknown Let them in! Send them back where they come from! They will only ruin our economy! These phrases are frequently used to describe the boat people also known as Asylum seekers. Many come and go but what happens to them? Who is ‘them’ and what do they want? Australia’s boarders are breached by people known as the boat people but they are refugees fleeing from their country hoping to find a new life style of living. According to the United Nations Convention
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Republic of the Philippines Tarlac State University College of Business and Accountancy Financial Management Department Risk Management: K(no)w Risk‚ No Future Reaction Paper Ronmar M. Supan March 2013 Managing risk is the topic of the seminar last February 22‚ 2013 themed “K(no)w Risk‚ No Future” which was held at Max’s Restaurant‚ San Miguel‚ Tarlac City. It happened between 8:00am up to 5:00pm. The aforementioned seminar was attended by Risk Management students of College of Business
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Francisco‚ Hanah Joy R June 27‚ 2013 AB—Psychology ------------------------------------------------- Psychological Testing I. Brief History of Psychological Testing * 2200 B.C. Chinese begin civil service examinations. * A.D.1862 Wilhelm Wundt uses a calibrated pendulum to measure the “speed of thought.” * 1884 Francis Galton administers the first test battery to thousands of citizens at the International Health Exhibit. * 1890 James McKeen Cattell uses the term mental test
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In the case of Bill McKay‚ he changed his viewpoints after being in the public eye simply because he was uninformed due to his little political experience. I do not think that switching their opinions is acceptable in a campaign. McKay running for office would be extremely problematic in the fact that a person running for office in Washington D.C. has less knowledge about the problems of today than the average voter. How could a person feel comfortable hiring this person? On the other hand‚ real
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RECOMMENDATION I recommend that Cartwright Lumber should extend a line of credit up to maximum amount of $465‚000 by Northrop National Bank. However‚ it should be taken some additional measures. In addition‚ Cartwright should develop a sustainable business strategy. These strategies based on extended and ongoing retail distribution‚ hiring sales representatives for telephone ordering and restructuring of sales department. As a result of this will be expected an improvement in enter and the target
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