Date: 4-11-09Re: Case 3-5A.Discuss the concept of relevance. In your opinion‚ would the amounts reported by U.S. companies for property‚ plant‚ and equipment be more or less relevant than the current cost amounts reported by companies in England‚ Mexico‚ or elsewhere?RelevanceInformation is relevant when it influences the economic decisions of users by helping them evaluate past‚ present‚ and future or by confirming or correcting their past evaluations. Relevance is also affected by materiality.
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MEMORANDUM OF AGREEMENT This Memorandum of Agreement (herein referred to as “Agreement”) is made and entered into the Municipality of Rizal‚ Philippines by and between ____________________________________________________ with office Address at Rizal Branch‚ Aglipay‚ Rizal Nueva Ecija represented by its Branch Manager‚ ______________________________________‚ herein after referred to as ________________________. - and - INSTITUTE OF EDUCATIONAL SOLUTIONS - Nueva Ecija‚ represented by the School
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OFFERING MEMORANDUM Nucom Technology‚ Inc. Oakton‚ Virginia [pic] 14241 Dallas Parkway Suite 700 Dallas‚ Texas 75254 www.genequityco.com (877) 213-1792 Nucom Technology‚ Inc. [pic]
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Why do most mergers and acquisitions (M&A) fail to create value for the acquirer ’s shareholders? What are the main reasons in your opinion? Identify the difference between a good company and a good investment Most of publicly traded companies’ mergers destroy value for buy-side shareholders and at the same time sellers are compensated with premiums1. The same opinion is stated in one of the most quoted book about valuation and creating value: most of M&A deals don’t create value for buyers2
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Background of Microsoft Corp The Microsoft Corporation is a global computer technology corporation that was founded in 1975 by Paul Allen and Bill Gates and is incorporate in 1981. It is engaged in the manufacture‚ development‚ licensing‚ and support of a multitude of software products for computing devices. Microsoft is known globally for its Microsoft Windows operating system and Microsoft Office suite of products‚ including Internet Explorer‚ Excel‚ PowerPoint and Word programs. Led by
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Running head: Analysis Memorandum Analysis Memorandum Steven Aran University of Phoenix EDTC 550 Information Technology Janet Luch (FAC) 11/21/2004 Introduction This is an analysis memorandum proposing the use of Microsoft Access databases within our Security Division’s infrastructure. Many security managers are relying heavily on the use of Microsoft Excel spreadsheets in order to keep track of their personnel‚ security violations‚ inspection programs and training. While spreadsheets
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MEMORANDUM OF ASSOCIATION Company- Company is a voluntary association of persons formed for the purpose of doing business having a distinct name and limited liability. It is a juristic person having a separate legal entity distinct from the members who constitute it‚ capable of rights and duties of its own and endowed with the potential of perpetual succession. The Companies Act‚ 1956‚ states that ’company’ includes company formed and registered under the Act or an existing company i.e. a company
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voluntary merger. There was significant value addition of HDFC in terms of increase branch network‚ geographic reach‚ customer base and a bigger pool of skilled manpower. For HDFC Bank‚ this merger provided an
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ALTERATION OF THE MEMORANDUM A company’s memorandum of association may be altered in the manner provided by the Act but not otherwise. If there is no specific provision in the Act allowing the alteration of a particular clause in the memorandum‚ that clause is unalterable. A company may amend only the clauses that the Act prescribes for inclusion in the memorandum. Thus‚ it is permissible to change the company name‚ to convert from an unlimited company to a limited company and vice versa‚ to alter
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MERGER AND RECONFIGURING OF HYUNDAI-KIA Byoung-Hoon LEE‚ Sung-Jae CHO The Korean auto industry continued to grow without a slump from the early 1980s to the mid of 1990s. As illustrated in <Figure 1>‚ the auto industry in Korea had shown a sustained growth in sales of domestic and overseas markets until 1996. Between 1981 and 1996‚ it recorded a notably high rate of averaged annual growth in production (22.7%)‚ domestic sales (19.5%)‚ and export (36.2%). However‚ it experienced an unprecedented
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