1 (a) According to the information from the question‚ Hei Lau’s letter amounted to an offer to sell his second-hand car and the offer would remain open for one week. Although Chiu Chor made the first letter to Hei Lau for inquiring “whether he would take HK$40‚000 for the car”‚ the original offer was still valid because this inquiry was a mere request for information about the offer rather than a counter offer‚ it does not imply a rejection of the offer. An example of a mere request is the case
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ALTERNATIVE PROBLEMS AND SOLUTIONS ALTERNATIVE PROBLEMS 5-1A. (Compound Interest) To what amount will the following investments accumulate? a. $4‚000 invested for 11 years at 9% compounded annually b. $8‚000 invested for 10 years at 8% compounded annually c. $800 invested for 12 years at 12% compounded annually d. $21‚000 invested for 6 years at 5% compounded annually 5-2A. (Compound Value Solving for n) How many years will the following take? a. $550 to grow to $1‚043.90 if invested
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-8NBPN001 1 Table of Contents Acknowledgement Certificate Executive Summary Objective Methodology Company Profile Company’s Values and Prominent Awards Business divisions Renowned Products Marketing and Distribution Channel Financial structure Competitors and Technology Swot Analysis of Indian Pharma industry Weekly Tasks‚ Strategy‚ Achievements Constraints and Analysis Conclusion and Recommendations Learnings from Internship Page No. 3 4 5 6 7 8 9 10 11 12 13
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What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all time ? In business‚ economics or investment‚ market liquidity is an asset’s ability to be sold without causing a significant movement in the price and with minimum loss of value. Money‚ or cash‚ is the most liquid asset‚ and can be used immediately to perform economic actions like buying‚ selling‚ or paying debt‚ meeting immediate wants and needs. However‚
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C. George (Controls) Ltd manufactures a thermostat that can be used in a range of kitchen appliances. The manufacturing process is‚ at present‚ semi-automated. The equipment used cost £540‚000 and has a carrying amount of £300‚000. Demand for the product has been fairly stable and output has been maintained at 50‚000 units a year in recent years. The following data‚ based on the current level of output‚ have been prepared in respect of the product: Using existing equipment Per unit
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pressured and awed by Scrushy and eventually start commit fraud by moved some of the company’s startup cost from the “expenses” column to the “capital investments” column‚ which enable the company to manipulated and showed the large profit in the financial statement. To convince himself‚ he described the move and action to himself as “aggressive accounting” ‚ not “fraudulent” although the action committed include “little “misleading to investors and bounds of accounting rules. Besides‚ from Aaron
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Summary of SA http://wirc-icai.org/wirc_referencer/Acconting & Auditing/Summary of S... SUMMARY OF STANDARDS OF AUDITING (SA) APPLICABLE FOR THE FINANCIAL YEAR 2011-12 STANDARDS ON QUALITY CONTROL (SQCS) SQC 1: Quality control for firms that perform audits and reviews of historical financial information‚ and other assurance and related services engagements Objective of SQC–1 is to provide the firm with reasonable assurance that its personnel comply with applicable professional standards as
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Introduction Consideration is one of the essential elements for a formation of a contract.1 According to Lord Pollock’s definition of consideration which is an act or forbearance of one party‚ or the promise thereof‚ is the price for which the promise of the other is bought and the promise thus given for value is enforceable.2 Besides that‚ consideration must be something of value given or promised in exchange for the promise given by the other party in order for a valid contract to be formed.3
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Module: FC501-2T Student number: T0031051(Roy) T0027147(Vincent) f o s e ag t n a v d a n s r i a d e l d s n t a n s e e d g u ta st n p a l v e d h to y The a g o l no h c e t . n o i t using a c u d e e r g e a t h n g a i sadv in h i D s v s ge a t n a v Ad iated.org/inted/pu blications rchives/5 /a n .c d a ro b .u w w http://w • • • • • CD Video Internet Phone …… Introduction 1575 Advantage (1) Convenience • Easier to search information on the internet (Ranjan‚2012) • Time-saving
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MBA 579 Homework Assignment 4-2 True/False Indicate whether the statement is true or false. ____ 1. The tighter the probability distribution of its expected future returns‚ the greater the risk of a given investment as measured by its standard deviation. ____ 2. The standard deviation is a better measure of risk than the coefficient of variation if the expected returns of the securities being compared differ significantly. ____ 3. An individual stock’s diversifiable risk‚ which
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