–––––– 1‚500 –––––– 3‚050 –––––– 5‚300 1‚200 –––––– 4‚100 –––––– 1‚000 3‚100 –––––– 4‚100 –––––– Net current assets Total assets less current liabilities 10% debenture‚ repayable 2015 Capital and reserves Ordinary shares‚ par value 50p Profit and loss Hendil plc pays interest on its overdraft at an annual rate of 6%. The 10% debenture is secured on fixed assets of the company. Hendil plc plans to invest £1 million in a new product range and has forecast the following financial information:
Premium
Q1: (a) INTERNAL FACTORS AFFECTING BUSINESS ENVIRONMENT: Companies must endure economic recessions‚ competing businesses stealing their market share and dips in their stock price. However‚ these external factors are not the only problems businesses face. Companies must deal with internal factors as well. Internal issues can create just as many problems as external ones. Sometimes‚ the two types of factors are linked. Employees : The caliber‚ attitude and work ethic of a company’s employees are
Premium Balance of payments Balance sheet Macroeconomics
classifieds as retail investors‚ high net worth individuals‚ Institutional investors. As a chief provider of risk capital‚ investors are keen to know the return from their investments and risk associated 2. Lenders: Banks‚ financial institutions and debenture holders are the main lenders and they need information about the financial stability of the borrower enterprise. They use the information to monitor the economic stability of the company and to determine the capability of the company to repay the
Premium Balance sheet Financial statements Income statement
PART ONE A. Introduction Capital market is the most important part of national economy of Bangladesh. A well-managed and active capital market may help the development processes in many ways such as growth of savings‚ ensuring efficient allocation of investment resources and better utilization of existing resources. There is a considerable debate in the academic literature on development as to whether a soundly functioning capital market is precondition for economic development or the former
Premium Stock market Stock exchange Financial markets
Applicability of Pronouncements/Legislative Amendments/Circulars etc. for November‚ 2013 – Intermediate (IPC) Examination Paper 1: Accounting A. Pronouncements Accounting Standards 1‚ 2‚ 3‚ 6‚ 7‚ 9‚ 10‚ 13 and 14 are covered in the syllabus. (Text of all applicable Accounting Standards are available in the Appendix I of Volume I of ‘Accounting’ Study Material revised in November‚ 2012.) B. Announcement relevant for November‚ 2013 examination Criteria for Classification of Entities
Premium Auditing Audit Financial audit
SECTION A Answer any FOUR questions from this section. Each question carries 10 marks. 1. a. Explain the following accounting concepts and illustrate each with an example: i. Historical cost ii. Stable monetary measures (5 marks) b. For each of the independent situations described below‚ list the accounting principle or concept that has been violated and give your explanation: i. Andy Company accrued interest expense on the personal bank loan of the owner at year end
Premium Balance sheet Generally Accepted Accounting Principles Depreciation
syllabuses. Page 2 1 (a) Mark Scheme: Teachers’ version GCE A/AS LEVEL – October/November 2009 Capital accounts A B 48 000 10 000 7 200 65 200 Balances Profit on real’n W1 Syllabus 9706 Paper 42 A 70 000 (1) 22 800(3of) B 50 000 15 200 Shares W2 Debentures Cash W3 72 000 (4) 10 000 (1) 10 800 (3of) 92 800 92 800 65 200 [12] W1 150 (1) – 112 (1) = 22 800 and 15 200 (1) W2 150 (1) – 30 (1) = 72 000 (1) and 48 000 (1) W3 10 000 + 8000 = 10 800 (1) and 7200 (1) to balance capital accounts. (1 for
Premium Cash flow statement Balance sheet General Certificate of Secondary Education
Capital Structure Capital Structure • It refers to the kinds of securities and the proportionate amounts that make up capitalization. • A decision about the proportion among the three types of securities viz.‚ Equity shares‚ Pref. Shares and Debentures refers to the Capital Structure of an enterprise. What is “Capital Structure”? • Definition The capital structure of a firm is the mix of different securities issued by the firm to finance its operations. Securities • Debt Sources - Bonds
Premium Finance Capital structure
Merger is the fusion of two or more existing companies. All assets‚ liabilities and the stock of one company stand transferred to Transferee Company in consideration of payment in the form of: (i) Equity shares in the transferee company‚ (ii) Debentures in the transferee company‚ (iii) Cash‚ or (iv) A mix of the above mode Motives Behind Mergers Of The Company Economies of Scale: Increased revenue /Increased Market Share Cross selling: Corporate Synergy: Taxes: Geographical or other
Premium Corporate finance Mergers and acquisitions Stock
Corporate Finance is raised-from the primary capital market-through public offers‚ right issues and private placement. There is a flourishing market for public issues in India. The instruments commonly offered are equity‚ debentures‚ and a variety of convertibles including debentures bundled with warrants. Both private and public sector companies make public issues. An initial public offer (IPO) is the selling of securities to the public in the primary market by the unlisted companies either a fresh
Premium Initial public offering Stock exchange Bond