restrict their legal capital from distribution to stockholders. 14.The SEC requires companies to disclose their dividend policy in their annual report. 15.All dividends‚ except for liquidating dividends‚ reduce the total stockholders’ equity of a corporation. 16.Dividends payable in assets of the corporation other than cash are called property dividends or dividends in kind.
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ECON1101 Essay: Petrol subsidies in Nigeria Nigeria‚ an oil-abundant nation‚ produces two million of barrels of crude oil a day‚ though despite this‚ it relies solely on importation to sustain its refined-fuel needs. This is because its four refineries fail to function effectively and continue to operate beneath capacity. Governmental mismanagement and political corruption are some of the reasons why Nigeria’s refineries remain in this state. The Nigerian government therefore implemented subsidies
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University Okada Eighth Convocation Lecture By Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production and
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Nigeria: The Unstable Democracy 1999 marked Nigeria’s return to democratic rule. However Nigeria is not a stable democracy. Nigerians are still waiting to see the aspects of a democracy that many stable democracies see today; social welfare programs‚ justice‚ and equal access to resources and power. Corruption in the government‚ lack of human rights‚ increased civil discord‚ and the absence of electoral reform keep Nigeria from becoming a stable democratic country. The oil boom in the late 1970s
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7up Brand Equity Brand Management AMAL BINMAHFOOZ 20/02/’12 Instructor: Asma Chang PepsiCo Mission and Vision At PepsiCo‚ we believe being a responsible corporate citizen is not only the right thing to do‚ but also the right thing to do for our business (2011). Our Mission Our mission is to be the world ’s premier consumer products company focused on convenient foods and beverages
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STARBUCKS Company Background Howard Schultz is the Chairman‚ and Chief Global Strategist in Control of the Starbucks Company. In 1971‚ a small coffee shop which specialized in selling whole Arabica beans was opened in Seattle’s Pike Place Market by Gerald Baldwin‚ Gordon Bowker and Ziev Siegl. In 1982‚ Schultz joined the Starbucks marketing team and he was inspired by the Milan’s coffee culture to set up an espresso bar in the corner of its only downtown Seattle shop. At that time‚ he stated‚ “The
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Nigeria of my dream I have a dream that Nigeria will be a country where everyone will speak in one voice despite the ethnicity. I have a dream that Nigeria will be corruption free‚ violent free and absent of wastage of resources and human. I have a dream that Nigeria will be rule by Mentors rather than tormentors and also where the youth will take charge of the government. I have a dream that Nigeria will be a nation where jobs and investment will seek for people not the people seeking
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Questionnaire Dear Respondent‚ we student of Tolani institute of Management Studies‚ Adipur request your valuable response to this questionnaire. This response will provide the basis for us to evaluate Brand Equity of mobile handset companies. Please note that the information provided by you will not be disclosed to anybody and is only meant for study purpose as a part of Marketing Research Project. 1. Which mobile phone brand are you using right now? (Select Only One) a. Apple
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A Brief History of Nigeria The history of Nigeria is bound up with its geography. Nigeria is located above the inner curve of the elbow on the west coast of Africa‚ just north of the equator and south of the Sahara Desert. More than two hundred ethnic groups—each with its own language‚ beliefs‚ and culture—live in present-day Nigeria. The largest ethnic groups are the mostly Protestant Yoruba in the west‚ the Catholic Igbo in the east‚ and the predominantly Muslim Hausa-Fulani in the north. This
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Applied Econometrics and International Development. AEID.Vol. 5-2 (2005) MONETARY POLICY AND MACROECONOMIC INSTABILITY IN NIGERIA: A RATIONAL EXPECTATION APPROACH FERIDUN‚ Mete * FOLAWEWO‚ Abiodun OSINUBI‚ Tokunbo Abstract Generally‚ both fiscal and monetary policies seek at achieving relative macroeconomic stability. Based o countries’ experience on n the role of monetary policy in controlling economics instability‚ this study examines the efficacy of monetary policy in controlling
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