Corporate Law 1. Discuss the position of guarantee in respect of loans to a minor. 2. Does the release by the creditor of one of the sureties discharge the others? 3. Explain the provisions relating to appointment of directors in Producer Company. 4. Two separate company wish to amalgamate. State the steps which they must take for this purpose. 5. Does the failure of inspector to submit his or her report in time amount to an end to investigation? 6. A‚ the secretary of the company is also a minority
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capitalize the interest costs associated with the construction of your new manufacturing facility‚ and if you are obligated to do so. After extensive research‚ and by examining the procedures for capitalizing interest laid out by the Federal Accounting Services Board (FASB)‚ ARC can capitalize the interest‚ and is most likely required to do so. Capitalization of Interest Interest on an asset must meet various criteria to be eligible for capitalization. First‚ the asset must require a period
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INTRODUCTION The case study below‚ discusses in depth the organisational architecture of the Scanavian bank Svenska Handelsbanken and how Dr Jan Wallander implemented his new management. The case study analyses the decision rights‚ performance evaluation‚ rewards system and then depicts whether or not the organisational architecture is in balance alongside its soft culture. The last segment is a comparison of the budgeting systems used for both Svenska Handelsbanken and AV Jennings‚ in regards
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Case 16-2 The Cable Guys Case Summary CoAx company manufacture and sell coaxial and fiber-optical cable. In transaction 1‚ CoAx sold 1000 feet of 18 American wire gauge coaxial cable to CableCo. In transaction 2‚ they sold 1500 feet of fiber-optical cable to TeleCo. CoAx transaction with CableCo is complexed because the ownership is transferred to CableCo immediately‚ however‚ the product is undeliverable due to CableCo’s warehouse being incomplete. Accordingly‚ there is a written agreement between
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STUDENT NO: …………………………... SEMINAR TUTOR …………………………... Introduction Accounting is concerned with providing both financial and non-financial information that will help decision makers to make good decisions. An understanding of accounting therefore requires an understanding of the decision making process and an awareness of the users of accounting information. The major purposes of accounting are to formulate overall strategies and long-run plans. Resource allocation decisions such
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Financial and Management Accounting-2 ASSIGNMENT Marks: 10 Question: Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM‚ Inc.‚ has been experiencing difficulty for some time. The company’s contribution format income statement for the most recent month is given below: Sales (19‚500 units*$30 per unit) $585‚000 Variable expenses 409‚500 Contribution margin 175‚500 Fixed expenses 180‚000 Net operating
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= 46.4% Year 2010: Gross profit = £11‚700 Sales revenue = £22‚000 Gross profit margin = 11‚700 / 22‚000 x100 = 0.531 x 100 = 53.1% Decreasing in the gross profit margin by 6.7% is high percentage. 2) Net Profit Margin = Operating profit / Sales x 100% Year 2011: Operating profit = £4‚340 Sales = £25‚300 Net profit margin = 4‚340 / 25‚300 x100 = 0.171 x 100 = 17.1% Year 2010: Operating profit = £6‚700 Sales
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company’s products. Explain why functional areas are important to a business? A business’s functional areas are the departments depending upon the company’s management structure that manages the main functional areas of business in a company. Most businesses share the main functional areas in common. Some functional areas are marketing‚ accounting‚ customer service‚ and human resources. There may be other functional areas such as but not restricted to international business and research and development
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Chapter 2 The Balanced Scorecard and Strategy Map | | ------------------------------------------------- QUESTIONS 2-1 Financial performance measures‚ such as operating income and return on investment‚ indicate whether the company’s strategy and its implementation are increasing shareholder value. However‚ financial measures tend to be lagging indicators of the strategy. Firms monitor nonfinancial measures to understand whether they are building or destroying their capabilities—with customers
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1 Corinthians 11:2-16 Corbin Randall The passage of 1 Corinthians 11:2-16 has caused great division in the church. What is the word “head” suppose to mean in this context?Are women to wear head covers? In what way is the head of man Christ? And why does Paul go into detail on creation? These are all questions that anyone might ask concerning this passage. From a personal examination‚ I would have to say that I agree with the main point of the complimentary perspective. In the body of Christ
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