(printed); and * Signature1. Background Your friend‚ John‚ recently acquired some shares in BHP Billiton an Australian publicly listed company in 2010. John has no accounting knowledge and is somewhat confused as to the type of financial information he needs from the BHP Billiton’s 2011 Financial Statements to enable him to determine the progress of the company in which he has invested. Required Prepare an explanation for John
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A) ‘The sums available for payment of a dividend depends on a company being able to satisfy both a profit and loss (realised profits) test and a balance sheet test’- Explain the profit and loss test and the balance sheet test and consider the accuracy of the above statement in relation to both public and private companies. Paying a dividend is the usual way for a company to distribute a share of its profits among the shareholders. A dividend is an amount payable to a shareholder
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who should take control over it? Public companies? Or Private? I believe the answer to this dilemma is that public companies should mostly take control of the water system but still work with private companies to benefit the water supply the most. They should mostly control the water supply because I think that private companies won’t be able to handle the water resources properly. According to the article “The New Oil” by Jeneen Interlandi‚ private companies don’t understand how important the conservation
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technology service company. In the mid - to late 1980s‚ CPG went beyond IT consulting and by incorporating many Australasian companies in the IT education‚ training‚ services‚ staffing‚ software‚ and resourcing domains. CPG made acquisitions in the Unites States‚ United Kingdom and other places through out the world. CPG was establishing itself broadly in the IT marketplace. By 1998‚ CPG Corporate controlled seven branded businesses that were each managed as separate companies. CPG Corporate’s
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The benefits to a company of practising good corporate governance are now well known. It can raise capital more cheaply in a world where capital is a scarce resource; when it has a downturn it will have support from its stakeholders in its turnaround attempt; its business will be more sustainable; when the board makes a wrong business judgment call – and dealing with uncertain future events it will do so – it will not be seen as a scandal but as a consequence of the risk/reward ratio involved in
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utilities. John Monks‚ Secretary General of the TUC conducted the ‘TUC Survey’ in 1995 which shows that the wage gap between executives and their respective workforces is growing at a faster pace in private companies than utilities. Though this gap widened in recession‚ the directors of private companies have always accorded themselves high pay increments. Established in 1995‚ the Greenbury Committee is of the view that statuary controls are of minimal significance and progress lies in self regulation
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title‚ but if you really want to wow people‚ picture having a title like “the youngest self-made female billionaire.” Elizabeth Holmes earned this title at thirty years old when she invented a way to execute “laboratory tests inexpensively” with her company Theranos. In 2014 she was even included in the “Forbes magazine’s list of the richest people in the United States‚” a huge accomplishment for a woman to achieve (Wilson 209). Elizabeth homes was born February 3‚ 1984‚ her mom “a congressional committee
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useful for international student who were finding jobs in the U.S. He considered university career service to be the best website to consult. He also mentioned that career fair was an effective because it enabled us to talk with the insiders from the company. I became nervous at the mere thought of networking with people in a career fair. So I was surprised that he highly recommended career fairs because I seldom involved myself in career fairs. He explained to me that professional networking was far
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obligations of companies in respect of their environmental and social impacts‚ including in relation to their reporting. The current company reporting regime is very largely tailored to shareholders’ interests. As is detailed later in this report‚ reporting is a central part of the process through which all stakeholders can ensure that companies act in the best interests of society. CORE has played an instrumental role in securing a new obligation for the largest public companies to report on their
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Lynette Grizelle September 17‚ 2012 Gene One is a private biotech company‚ founded by Don Ruiz (CEO) eight years ago with four colleagues Michelle Houghton‚ Chief Financial Officer‚ Charles Jones‚ Marketing Officer‚ Teri Robertson‚ Chief Technology Officer‚ and Greg Thoman‚ Chief Human Resources Officer (Gene One Scenario‚ 2010). Gene One is an innovate company that entered the biotech industry with groundbreaking gene technology that eradicated disease in tomatoes
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