Limited Liability Company and Partnership Jasamine L. Stephens Finance for Decision Making FIN/419 October 10‚ 2011 Maria Johnson Limited Liability Company and Partnership Every business venture begins with a dream and a basic idea. Beginning a business is a decision that must be made by first deciding what type of entity to establish. There are several factors that need to be decided such as will the new business have one or multiple owners. The most common forms of a business
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disclosure of PPE‚ intangible asset and leased assets & liabilities in the annual report 2008 with the AASB. After the analysis‚ it is clear to discover that the rules followed by the AGL comply with the AASB framework. Introduction AGL Energy Limited (AGK) began trading in the Australian Stock Exchange on the 12th of October 2006‚ and is the second largest provider in the gas‚ electricity and water supply in Australia holding a market share of 8.3% in 2008 behind Origin Energy with a 12.6% market
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Case : Li & Fung Limited Ans#1- Li & Fung Limited is a global trading group. A company would like to use the supply chain management services of Li & Fung because it manages the supply chain for high volume‚ time sensitive consumer goods‚ delivering the right location. It focuses on providing a one- stop shop service through a network of 69 sourcing offices in 40 countries. Company would prefer Li & Fung rather than organising in-house department or appointing a senior manager
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1.0 Background of the company Telstra Corporation Limited is a telecommunications and media company‚ which is a leading provider of mobile phones‚ mobile devices‚ home phones‚ broadband internet and operating telecommunications networks in Australia. Telstra’s goal is to be one of the most admire‚ respected and trusted telecommunication companies in the world with their four strategic priorities of improving customer satisfaction‚ retaining and growing our customer numbers‚ simplifying the business
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Introduction & History Established in 1956 as a joint venture between the Ali Group of Pakistan and Akerlund and Rausing of Sweden‚ Packages Limited provides premium packaging solutions for exceptional value to individuals and businesses. Packages is the only packaging facility in Pakistan offering a complete range of packaging solutions including offset printed cartons‚ shipping containers and flexible packaging materials to individuals and businesses world-wide. Packages clientele includes
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Sitara Energy Limited This case highlights a number of problems which plague Sitara Energy Limited. The purpose of this report is to highlight those problems‚ explain the causes‚ provide justification for those causes and finally come up with feasible solutions. We will start off by first looking at the problems. Financial concerns: It is quite clear from the case that the company is in deep financial turmoil. Typical of most Pakistani companies‚ Sitara Energy opted to raise necessary funds through
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Case Analysis on Macpherson Refrigeration Limited Submitted by The role of the responder Linda Metzler the production planning manager is the main responder in this case‚ she has to come up with another optimal alternative that will have to be submitted to the plant’s General Manager. The plan has to be approved by the general manager for roll out starting next year. Key Issues In order to achieve excellent production capacity and reducing the overall costs the production
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Case: GVM Exploration Limited TABLE OF CONTENTS Background 3 Timeline 3 Ethical Issues 3 Ethical dilemma faced by the CC 4 Ethical issue from GVMs Perspective 5 Economic Responsibility 5 Legal Responsibility 5 Social Responsibility 5 CSR Plans 6 Ecosystem 6 Conservation of Heritage 6 Courses of Actions 7 Filing for Injunction 7 Do nothing – Let other companies resolve the issue 7 Sub lease or outsourcing the project 7 Our Recommendation 8 Settle in private 8 The Problem
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Brief Overview of Limited Liability Companies Introduction Limited Liability Company (LLC) is often considered as the hybrids of general partnership and corporation. It often referred as a general partnership where the partners have no personal liability and a limited partnership where there is no general partner or a partnership surrounded by a corporate shell (Seipel‚ Tunnell & Zimmermann‚ 1995). The LLC is first adopted in Wyoming in 1977 and then in Florida in 1982. However‚ LLCs
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THE LIMITED LIABILITY COMPANY A popular form of business‚ especially with small businesses‚ is the hybrid form of business‚ the limited liability company (LLC) or a limited liability partnership (LLP)‚ which combine the best features of a partnership and a corporation. In 1988‚ the Internal Revenue Service (IRS) ruled that the LLC may be treated as a partnership for tax purposes‚ while retaining its limited liability for its owners. Since this ruling‚ every state has passed legislation permitting
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