DEMAT Account DEMAT Account Meaning: In India’s banking terminology‚ the term DEMAT Account refers to a deposit made at an Indian financial institution that can be used for investing in shares of stocks and other financial assets. Securities are held electronically in a DEMAT Account‚ thereby eliminating the need for physical paper certificates. Definition Demat account is a safe and convenient means of holding securities just like a bank account is for funds. Today‚ practically 99.9% settlement
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#3 folder in Blackboard. Question #1: (Twenty Points) Stocks (a). Why is stock ownership considered equity and bond ownership considered debt? In finance you can think of equity as ownership in any asset after all debts associated with that asset are paid off. For example‚ a car or house with no outstanding debt is considered the owner’s equity because he or she can readily sell the item for cash. Stocks are equity because they represent ownership in a company. When a company needs money‚ the
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1) Describe the type of business‚ purpose and ownership of two contrasting organizations Sainsbury’s Sainsbury’s is the UK’s most long standing major food retailer‚ having opened its first shop in 1869. Sainsbury’s brand is built around providing fresh and tasty food for its customers. It differentiates itself from other supermarkets by offering a broad range of products at a great price‚ a strong ethical approach to business and continuous leadership. The size of Sainsbury’s consists of 504
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The two essays that I have chosen are "This One’s for the Birds" by Paul Finkelman and "The Case Against Tipping" by Michael Lewis. These two essays in particular have some things in common‚ but they do have some significant differences between the two. In this paper I will try to compare and contrast these two essays and hopefully bring something to the reader’s attention that wasn’t there at first. In the first essay‚ "The Case Against Tipping"‚ the author‚ Michael Lewis talks about whether
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ACKNOWLEDGEMENT First of all‚ I would like to thank Almighty God for giving me the strength to do this SBA‚ Mrs. Clovetta Campbell and finally my Principles of Accounts teacher Ms. Williams who helped me along the way. AIMS OF THE BUSINESS The aim of the business is to achieve exposure of what goes on in the business world. The aim of this business is to also know how to prepare Accounting Ratios‚ how to operate a business and how to achieve customer satisfaction and to attain profit
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The balance sheet‚ income statement and cash flow statement are closely related. Basically‚ a balance sheet describes a company’s assets‚ liabilities and stockholder’s equity in a specific period of time. An income statement mainly shows the net profits or loss of a company. The purpose of the income statement is to show stockholders and investors whether the company earned or lost money. A cash flow statement explains cash inflows and outflows. Each financial statement reveals a part of a company’s
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investment e.g work of art or shares profit‚ May be capital gain. As Ali is buying the cars with the intention of selling them on‚ this would be seen as trading. This should be applied for Ali’s circumstances. Length of ownership If the asset(s) are purchased and resold within a short period of time‚ courts are more likely to consider it trade as in Wisdom V Chamberlin (1968). As Ali buys the vehicles and resells them within a short period of time‚ it would be considered trade under this badge
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of federal income tax. It helps to identify the different terms that are associated with income tax. It will point out how calculations are formed to paying taxes or getting a refund. This essay distinguishes the importance of your income and knowing what taxes you will be paying. Federal income taxes can be complicated and hard to file. But‚ knowing how it works can help save money‚ understand how it’s calculated‚ and what is determined in taxation. Income tax includes your income‚ deductions
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Net National Product Definition Net National Product (NNP) is the total market value of all final goods and services produced by citizens of an economy during a given period of time (Gross National Product or GNP) minus depreciation. Depreciation (also known as consumption of fixed capital) measures the amount of GNP that must be spent on new capital goods to maintain the existing physical capital stock. NNP is the amount of goods in a given year which can be consumed without reducing the
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request for support of sponsored research‚ instruction‚ or extension projects. Good proposals quickly and easily answer the following questions: What do you want to do‚ how much will it cost‚ and how much time will it take? How does the proposed project relate to the sponsor ’s interests? What difference will the project make to: your university‚ your students‚ your discipline‚ the state‚ the nation‚ the world‚ or whatever the appropriate categories are? What has already been done in the area of your
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