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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1. What major requirements do client expect from their portfolio managers? We have two major requirements of a Portfolio Manager: 1. The ability to derive above average returns for a given risk class (large risk-adjusted returns); and 2. The ability to completely diversify the portfolio to eliminate all unsystematic risk. The client expect from their portfolio managers are to help them manage their money in less time. Most of the client requires a portfolio manager who can preserve
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2011 By : - Rini Bhattacharya Rashi Dawar Nehal Mittal Abhishek Swami Gaurav Yadav Sagnik Ghoshal Micro Small & Medium Enterprise Index: - Definition: - (a) Enterprises engaged in the manufacture or production‚ processing or preservation of goods as specified below: i) A micro enterprise is an enterprise where investment in plant and machinery [original cost excluding land and building and the items specified by the Ministry of Small Scale Industries vide ii) A small enterprise
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University of Perpetual Help System – JONELTA San Gabriel‚ General Mariano Alvarez‚ Cavite Progress Report Periodic Report Project Completion Report (Business Correspondence) BS Accountancy II I. INTRODUCTION Business letters and reports are one of the ways for any business to communicate with all of its stake holders. These stake holders may include customers‚ suppliers‚ employees‚ shareholders‚ management‚ government and the public in general. Business letters are the life
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available and which one would be best suited for Paulo’s restaurant? Explain why. Leases can be broadly categorized into two types‚ financial and operating. Financial leases are generally longer-term‚ fully amortized‚ and not cancelable without a hefty termination penalty. Operating leases are usually shorter-term‚ partially amortized‚ and cancelable on short notice. Financial leases are required to be reported on a firm’s balance sheet while operating leases are not. With a financial (operating) lease
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Which of the following statements is not true regarding the goal of financial management? The goal of maximizing the value per share of existing stock is relevant to all organizations. A way of aligning management goals to shareholder’s interest is to tie managerial compensation to the market value of the firm’s stock. For a company considering international operations‚ the goal will be the same but the company will have to consider the local social‚ economical and political
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Expense Taxable Ordinary Income Capital Gains and Losses Long-Term Gain (Loss) Short-Term Gain (Loss) Net Short-Term Gain (Loss) Tax Liability: $50‚000 25‚000 25‚000 235‚000 1‚592‚500 $1‚927‚500 x x x x x 0.15 0.25 0.34 0.39 0.34 = = = = = $7‚500 6‚250 8‚500 91‚650 541‚450 $655‚350 $5‚000‚000 (2‚000‚000) $3‚000‚000 (1‚000‚000) $2‚000‚000 20‚000 $25‚000 (17‚500) 7‚500 (100‚000) $1‚927‚500 $40‚000 (50‚000) ($10‚000) The $10‚000 net short-term capital loss may not be deducted from ordinary income. However
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payables | 45 | Inventory | 159 | | Other current liabilities | 21 | Marketable securities | 33 | | Total current liabilities | $111 | Total current assets | $303 | | | | Net fixed assets | 147 | | Long Term Liabilities | | Total Assets | $450 | | Long-term debt | 24 | | | Total Liabilities | $135 | | | | | | | Owners Equity | | | | Common stock | $114 | | | Retained earnings | 201 | | | Total stockholders’ equity | 315 | |
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Task 1.1: 1. There are some key trends which may have infections to Elecdyne during the next 5 years‚ those factor are shown as follow: • Globalization in all industry may become a very important trend to the company. Because all of the top management team have learnt English‚ and several of them have studied abroad‚ that may lead an opening change from the top to the bottom‚ from minds to actions. • Trade with more and more Asia countries may become a popular tendency to Elecdyne because most
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they sell (d) assets such as (e). The decision about which | | | |assets to buy is usually termed the (f) or (g) decision. The decision about how to raise the money is usually termed | | | |the (h) decision.” Now fit each of the following terms into the most appropriate space: financing‚ real‚ bonds‚ | | | |investment‚ executive airplanes‚ financial‚ capital budgeting‚ brand names. | | | |Answer
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