6. How would the outcome have differed in the US? In the UK? 5. What were the problems of Thailand’s old bankruptcy law? Would you change anything in the new law? 4. Why are AIG and Investor AB willing to invest in ATEC? Returns and risks? 3. As one of ATEC’s banks‚ would you have voted for the its modified bankruptcy reorganization plan? 2. As one of ATEC’s banks‚ would you have voted for the February 1998 out-of-court restructuring proposal? 1. How much is management to blame
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or other payments. Acts a liason between creditors and consumers and manages overdue accounts. Locate customers using credit bureau information‚ background checks‚ loan documents‚ and other paperwork or databases. Call customers using telephone. Bilkish Philippine/Cortel Law Office‚ Makati City July 2013 - Present Telecollector: Handled OFW Accounts from UAE‚ and I various different banks in the UAE. Contacted debtors on behalf of their creditors; following all legal protocols for debt
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current ratio and acid test ratio to increase. Trade debtors are worth £70 million out of the £140 million of current assets. This means that they make up 50% of the total current assets. The trade receivables take 87 days to pay the business back; this suggests that they are to very quick in terms of repayment. This will cause further problems for Out and About plc because it could mean that they may not receive payments from its debtors causing them to write these debts off as ’bad debts’. If
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Task 01 Activity A - Important Notes: According to company strategic plans‚ the company aims to achieve a net profit before tax of $1‚000‚000. The chief risks to this goal are: poor sales due to economic downturn increases in expenses such as wage expenses. In addition to Australian operations‚ the company is considering manufacturing overseas to take advantage of reduced costs. The company is also considering diversifying its product range to reduce exposure to poor sales of one product. Sales
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Accounting for Managers TOPIC A: AN INTRODUCTION TO ACCOUNTING Investors – Individual and groups provide initial capital. Creditors – Company which loans money to another company (Suppliers/Bank). Managers – Oversee the day-to-day operations. What is accounting? * Process of Recognising‚ measuring‚ recording (also known as transactions)‚ disclosing and attesting to information. *Information – Decision Making (Value Creation)‚ Control (Monitoring). Process of Accounting: Transactions
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Features of Murabahah Financing 1. Murabahah is not a loan given on interest. It is the sale of a commodity for a deferred price which includes an agreed profit added to the cost. 2. Being a sale‚ and not a loan‚ the murabahah should fulfil all the conditions necessary for a valid sale‚ especially those enumerated earlier in this chapter. 3. Murabahah cannot be used as a mode of financing except where the client needs funds to actually purchase some commodities. For example‚ if he wants funds
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QUESTION 1 25 MARKS The following is Whisky Traders’ Trial Balance at the end of its first year of trading‚ 31 August 2010: R R DR CR Bank Overdraft 93 000 Buildings 500 000 Capital ? Petty Cash 3 000 Creditors Control 50 000 Debtors Control 60 000 Equipment 90 000 Investments 90 000 Long term Loans 200 000 Motor Vehicles 120 000 Inventory 200 000 Retained Earnings 420 000 1 063 000 1 063 000 However the following transaction has not yet being taken into account: • A delivery vehicle
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owners and their business are two very distinct character or entities; meaning that you cannot count Mr J and J Enterprise to be of one entity or body. What this concept further implies is that Mr J and J Enterprise is of the relationship of a debtor and a creditor; meaning that initially‚ Mr J had injected his own personal money into J Enterprise to start the business namely the capital‚ and J Enterprise should therefore treat Mr J as if it owes Mr J money. Throughout the course of an accounting period
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TABLE OF CONTENTS INTRODUCTION 2 FINANCIAL RATIOS 4 PROFITABILITY RATIOS 5 LIQUIDITY RATIOS 7 ACTIVITY RATIOS 9 INVESTMENT RATIOS 11 OVERTRADING 13 FINANCIAL STATEMENTS 14 BALANCE SHEET 15 FORMATS OF FINANCIAL STATEMENTS 18 CONCLUSION 22 BIBLIOGRAPHY 23 INTRODUCTION In this report you will find useful information about GlaxoSmithKline plc (GSK). and AstraZeneca plc (AZN) and overview of these companies. My friend wants to buy shares and ask me for some advice
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3) Comparison i. ii. iii. iv. v. vi. vii. viii. ix. x. xi. for the period 2006-2012…………………………………………………………..4 Current ratio……………………………………………………………………………..4 Quick ratio…………………………………………………………………………………5 Asset turnover ratio………………………………………………………………….6 Debtor turnover ratio……………………………………………………………….7 Stock turnover ratio………………………………………………………………….8 Return on Investment……………………………………………………………….9 Return on equity………………………………………………………………………10 Net profit ratio…………………………………………………………………………11 Debt – equity ratio…………………………………………………………………
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