October1 Balance brought forward : Cash in Hand : $5000 Cash at Bank : $ 90‚000 October2 Received Cash loan of $25 ‚000 from Partners . October3 Bought goods of $156‚000 October4 Bought Motor Van paying by check $1‚600 October5 Cash Withdrawn from the bank $25‚000 October7 Paid Wages in Cash $16‚000 October8 Cash Drawings $10‚000 October10 Cash Sales paid directly into the bank $28‚000 October12 We paid the following Accounts by Check less 10% discount in each case: Marshal
Free 1967 1980
CHAPTER 14: DISTRIBUTIONS TO SHAREHOLDERS: DIVIDENDS AND SHARE REPURCHASES 1. The optimal distribution policy strikes that balance between current dividends and capital gains that maximizes the firm’s stock price. a. True b. False ANSWER: True 2. Other things held constant‚ the higher a firm’s target payout ratio‚ the higher its expected growth rate should be. a. True b. False ANSWER: False RATIONALE: The higher the payout ratio‚ the less of its earnings the firm reinvests in the business
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The Interest Rate Essentially‚ interest is nothing more than the cost someone pays for the use of someone else’s money. The interest rate that applies to investors is the Federal Reserve’s federal funds rate. This is the cost that banks are charged for borrowing money from Federal Reserve banks. Why is this number so important? It is the way the Federal Reserve (the "Fed") attempts to control inflation. Inflation is caused by too much money chasing too few goods (or too much demand for too little
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Career Interest and Assessment The career assessment survey. This survey told me I am mostly a tactile learner. I learn with hands on activities. I use my hands a lot and I do agree with the career cruising survey. This survey led me to the job of a sports marketing manager. This is the part I do not agree with. This job was my third career option that career cruising gave me. I believe this would be an ok job for me because; I would probably be doing a lot of traveling with the team that I work
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Doing business internationally and globally‚ Seminar 2. 1. What is the strategic position of Baosteel and what are its motives for negotiating a three-way cross border‚ cross-shareholding alliance? Strategic position of Baosteel: Leadership and competitive position. Baosteel is the largest and most profitable steel-maker in China. Baosteel emerged as a catch up strategy based on those pillars: integration‚ internationalisation and diversification ( haarde laiendamine) Baosteel had to integrate
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techniques gives the following benefits: • Large volumes of information can be assimilated rapidly • By reading faster and absorbing more information into short-term memory‚ the meaning and structure of a document is easier to see. • Your eyes have to do less work‚ meaning that reading for long periods can be less tiring. The average college student reads between 250 and 300 words per minute on fiction and non-technical materials. Good reading speed is around 500 to 700 words per minute. An efficient
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they have a lot of hopes with them. They look at the positive side of their lives. They are always smiling even if they have to complete their piled up work on time. Unlike neat people‚ sloppy people do not get upset on small things. Sloppy people have a broad aspect of life therefore‚ little problems do not make them upset. They always look for the best things to come‚ rather looking to the negative side. Sloppy people have a better gratitude to life than neat people. For instance‚ a neat person will
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Fiscal Policy in Kenya: Looking Toward the Medium-to Long-Term By Kamau Thugge‚ Peter S Heller‚ and Jane Kiringai[1] Executive Summary Kenya’s authorities‚ in articulating their vision for the next two decades of Kenya’s development‚ understood clearly that fiscal policy would need to play a critical role in influencing the pace at which the economy will grow and its capacity to deal with the key challenges that will arise over the next several decades. Domestic policy challenges include
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least twice a month requires overtime hrs.costing the company an additional $200 a month in the last 3week‚frank has complained to you a few times about the poor quality of ruth’s work onthe other hand over the last 3 month jack seems to have little to do he has begun coming in late a couple times .what work he does have however is always professional completed. Clearly you must investigate to determine what is causing this chance and how to improve the situation.since nothing has changed in the personal
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Curled Metal Incorporated has declining sales‚ but has developed a new product (curled metal pile driver pads) that‚ in field tests‚ deliver customer benefits that are many times CMI’s manufacturing costs. Joseph Fernandez and Rajiv Sanwal of CMI’s Engineered Products Division are responsible for formulating a strategy for the new product. A key issue is the price to charge for the pads. The case raises issues of analyzing market potential‚ aligning price with business strategy‚ and the implications
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