Al-Awfar Savings and Investment Account-i? Al-Awfar is a unique savings and investment account based on the Mudharabah‚ a contract of profit-sharing. 2. What is the meaning of Al-Awfar? Al-Awfar means “prosperous investment”. 3. What is the difference between Al-Awfar Savings Account and Investment Account-i and the normal Bank Islam Savings Account-i and General Investment Account-i (GIA)? Al-Awfar Savings and Investment Account-i is a rewarding account that offers a host of additional
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[pic]LIMITATIONS[pic] Our major limitations on writing this report were knowledge and competence on the subject matter. Another limitation is that we did not compare this bank’s performance with other banks in the economy; so analysis is not all-inclusive. However‚ we tried hard to do best whatever we have done. This report will mainly consider financial accounting and the ratio analysis of Dhaka Bank Limited. It will not cover the human resource or managerial site of the bank. This report will
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returns and allowances‚ $30‚000 Gross profit‚ $490‚000 Accounts receivable‚ $110‚000 Sales discounts‚ $14‚000 Allowance for doubtful accounts credit balance‚ $1‚200 How much is bad debt expense assuming that 5% of accounts receivable is estimated to be uncollectible? A. $5‚500 B. $6‚700 C. $4‚240 D. $4‚300 Answer: Bad debt expense ($4‚300) = 5% of accounts of accounts receivable (5% $110‚000) - allowance for doubtful accounts credit balance ($1‚200). 3) Which of the following journal
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Accounts Receivable Turnover = Net Sales/Average Net Account Receivables Accounts receivable turnover ratio measures the effectiveness of a company in extending credit and collecting debts. It is an activity ratio that measures how efficiently a firm uses its assets. Year ABC DEF GHI Industry Average 2012 31‚ 053/988 = 31.43 16‚842/1‚282.5 = 13.13 5‚160/618 = 8.35 17.64 2013 32‚722/1‚042 = 31.4 18‚657/937 = 19.91 5‚858/494 = 11.86 21.06 In this table you see the accounts receivable turnovers from
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Electroplating shop: Electroplating is primarily used for depositing a layer of material to bestow a desired property to a surface that otherwise lacks that property. Mainly electroplating is used for the following purposes: * Abrasion * Wear resistance * Corrosion protection * lubricity and * Aesthetic qualities The electroplating shop of Energypac Engineering Limited consists of three sections. i) Seven color section ii) Nickel section iii) Silver section Seven color section:
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ANALYSIS AND USES OF FINANCIAL STATEMENTS Delta Publishing Company 1 Copyright DELTA PUBLISHING COMPANY P.O. Box 5332‚ Los Alamitos‚ CA 90721-5332 All rights reserved. No part of this course may be reproduced in any form or by any means‚ without permission in writing from the publisher. 2006 by 2 Table of Contents Preface Chapter 1 Objectives of Financial Statement Analysis and Financial Reporting Chapter 2 Accounting Assumptions‚ Principles‚ Procedures‚ and Policies
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Infosys® Technologies Ltd.: Growing Share of a Customer’s Business James A. Narus D.V.R. Seshadri* March 2004 * James A. Narus is Professor of Business Marketing‚ Babcock Graduate School of Management‚ Wake Forest University in the U.S.A. D.V.R. Seshadri is Visiting Professor at Indian Institute of Management Bangalore‚ India. We gratefully acknowledge the significant contributions of Infosys executives and managers in providing case information. CASE QUESTIONS TO ADDRESS 1. Looking
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National University of Singapore NUS Business School Department of Accounting ACC1002X Financial Accounting Syllabus Course: Financial Accounting (ACC1002X) Semester 1 of Academic Year 2012/2013 Section 1: Friday 10:00am – 12:00pm Section 2: Friday 2:00pm – 4:00pm Semester: Lecture Time: Lecture Venue: BIZ2 Lecture Theater 16 Teaching Team: Name Dr. Aimee SHIH Dr. MA Guang Belinda LEE Andrea LOW Philip TOH Role Lecturer (Coordinator) and Tutor
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one period of time. | | | |b. estimates should not be made if a transaction affects more than| | | |one time period. | | | |c. adjustments to the enterprise ’s accounts can only be made in | | | |the time period when the business terminates its operations. | | | |d. the economic life of a business can be divided into artificial | | | |time periods.
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procedure to Nick Moor and the organisation and whether it will prevent equal pay claims. 1a. Job Evaluation “Job evaluation can be defined as ‘a method of determining the relative worth of a job to an organisation” {www.cipd.co.uk} Itec Ltd can use job evaluation to compare the value of different jobs within the company. Any job can be broken down into a number of factors. These are the skills‚ effort‚ responsibility‚ knowledge‚ and tasks that a job entails. This will allow Nick Moor to
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