(C) BAD DEBTS‚ BAD DEBTS RECOVERED AND PROVISION FOR DOUBTFUL DEBTS. Bad debts Introduction Customers who buy goods on credit might fail to pay for them‚ perhaps: Out of dishonesty‚ They have gone bankrupt‚ They are incurring losses in their businesses‚ Because of unexpected introduction of foreign exchange control restrictions by their country’s government during the credit period (i.e. if they are trading internationally). They are dead. In these circumstances‚ a business might decide
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sticks in the mud who need to get out more. The truth is‚ is that my family is a group of individuals who help each other live. We are so much alike‚ while at the same time being nothing alike that it brings us all closer. So the idea of a ritual or a rite of passage is foreign to me‚ none of us do the same things and all of our interests are completely opposite. That’s when I thought of the thing that everyone in my family does‚ we find ourselves. One common thread that runs through all of us is the
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What were the short and long-term factors that lead to the murder of Rasputin? Grigory Yefimovich ‘Rasputin’ (meaning ‘debauched one’) was a Siberian monk‚ described by Jennifer Brainard (2008) as “an unwashed sexually promiscuous peasant”. Rasputin was born in 1869‚ arrived in St Petersburg in 1904 and was first connected to the Romanov family in 1908 when he was called upon to aid Tsar Nicholas II’s only son in his illness (Jennifer Rosenberg‚ unknown date‚ The Murder of Rasputin). Eight years
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borrowing which would increase the value. The change in WACC would result to a change in the value of the assets. Q2: The increase in value gets apportioned based on the market value weights of Debt and Equity. Based on the calculation‚ 50% to debt and equity‚ market value weights equals to 43% debt and 57% equity. Q1: Barrowing can create a value if it is within a feasible point‚ beyond than that it might have a negative impact on the company value. A company can benefit from the tax shield
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performing‚ one of those tools is the debt ratio calculation. The debt ratio shows the proportion of assets financed with debt‚ liabilities. It is calculated by the companies total liabilities divided by its total assets and is used as a percentage. Total assets and total debts can be found on the balance sheet. “It can be used to evaluate a business’s ability to pay its debt” (Nobles p. 89). The debt ratio can be used to evaluate a business’s ability to pay it’s debts. An investor will want to know
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Debt with Warrants Like a convertible security‚ debt with warrants attached is issued with a feature that allows its holder to purchase a given number of shares at a certain price. Warrants act as a “sweetener” when attached to debt securities. It adds its marketability and lowers its required interest rate. Usually‚ the holders (of warrants) will not exercise their warrants until the market value of the security exceeds the exercise price because they can purchase the said security in a cheaper
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experience‚ and for some young individuals‚ the first practice of dealing with financial responsibilities‚ and these can bring about student overdrafts‚ credit card fees and in general a lot of student debt. Is it possible to leave university with a degree‚ but still be in the black? Student debt can include tuition fee and maintenance loans issued by the government‚ personal or bank loans taken out by the individual to help pay towards their course or living fees‚ or even personal spending and accounts
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things‚ such as being financially debt free‚ are not guaranteed. Acquiring stability financially remains as a complicated‚ lucrative notion. Financial success does not come without purpose and commitment. Unless commitment and purpose is used‚ debt is inevitable. An abundant amount of Americans taste the harsh reality of being in debt at least once in their lives. It requires work to manage money in the way that it should be managed. The stress of obtaining a debt is an unwanted‚ undeserved‚
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EFFECT OF FOREIGN AID IN KENYA 1. Introduction Foreign aid is usually associated with official development assistance‚ which in turn is a subset of the official development finance‚ and normally targeted to the poorest countries (World Bank‚ 1998). Foreign aid represents an important source of finance in most countries in sub-Saharan Africa (SSA)‚ where it supplements low savings‚ narrow export earnings and thin tax bases. In recent years the donor community has become more stringent about fiscal
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World War I is one of the most remembered wars in the history. There are many short and long-term causes that lead up to the war. Most important causes that contributed are the Bosnian Crisis‚ Assassination of Archduke Franz Ferdinand‚ and the secret alliances. First critical cause that contributed to the war is the Bosnian Crisis in 1908. There was tension between A-H and Russia as the Balkans was important to both of them. Austria annexed Bosnia and Herzegovina and an agitated Serbia looked
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