CHAPTER 1: BUSINESS ORGANIZATIONS 1. What are three types of business organizations? i. Sole Proprietorship - One man is in business for himself - No special rules governing sole proprietorship‚ - Treated no differently from anyone else at law - Use own to resources to provide skill‚ labor‚ capital‚ and other resources to run the business - Unlimited liabilities - Registered under Registration of Business Act 1956
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FINANCIAL ANALYSIS OF PAKISTAN INTERNATIONAL AIRLINES Submitted by Chemical Engineer Adnan Khalid Submitted to : Dr rashid Ahmed Institute Of Business and Management‚ UET‚ Lahore. PAKISTAN INTERNATION AIRLINES Back ground and History Airline Industry General Environmental Analysis The airline industry is very stable and unlikely to change in the near future. There are many reasons for this. Air travel continues to grow and will continue in this fashion as long as the economy stays in an
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Organization of establishing the strategic relationship between the components of balance sheet and profit and loss account and the statement of change in the financial position. The information contained in the statements is used by management‚ creditors’‚ investors and others to form judgment about the operating performance and financial position of the firm. Through the financial analysis we can seek answers to the following questions. 1. What sources of long terms finance are employed by
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28 Mod 25 (BSTR) Business Structure Pt 1 59 Pt 2 23 Mod 26 (CONT) Contracts Pt 1 57 DVD/USB R9 Mod 26 Pt. 2 50 Mod 27 Sales (SALE) Pt. 1 56 Pt. 2 37 Mod 28 (CPAP Pt. 1 59 Pt. 2 25 DVD/USB R10 Mod 29 (Secured Transactions (SECU) Pt1 54 Mod 30 Bankruptcy (BANK) Pt. 1 59 Pt. 2 10 Mod 31 Debtor Creditor Relationship (DBCR) Pt1 46 Mod 32 (AGEN) Pt 1 26 Mod 33 (EMEN) Pt 1 36 Total Hours: 37.46_ REGULATION 2011‚ LAW Table of Contents Mod 23 Mod 24 Mod 25 Mod 26 Mod 27 Mod 28 Mod
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and loss account‚ balance sheet and cash flow statement. There are many users /parties interested in the accounts of a company /organization. These include the following: The owners / shareholders The directors / managers The employees The creditors‚ i.e. suppliers of goods on credit The tax authorities Lenders‚ such as banks or other financial institutions Government The users want the accounts for a variety of purposes‚ for example: The owners/shareholders are mainly concerned of the
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COMPANY LAW – EXAM NOTES Incorporation and Its Effects S117 - All companies must register with ASIC S118 – All companies must have a Number S119 – Once the company is registered with ASIC‚ the company has a separate legal existence. Separate Legal Entity The separate legal entity notion is shown in Salomon v Salomon where a company shareholder is limited to the amount of share capital they have contributed and they can not be held personally liable for the dealings of the company. This notion of
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DEBT MANAGEMENT & LEASING CASE STUDIES Case study 1 Situation: Raiyan Mellizas works as a clerk in one of the clothing companies in the Philippines for about seven years. He supports his family and himself through his job. He uses credit cards for additional to pay his essentials and his expenses. Question1: By the time Raiyan couldn’t control his expenditure using credit cards and he is having a difficulty in paying his debt‚ what he supposed to do? Carrying debt can be extremely stressful
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While small minor omissions are acceptable the court would have said that this was not minor. It’s important that any potential creditors should be able to learn and made aware of all existing creditors. This is especially true where one secured party‚ Northwest‚ has a close working relationship with the debtor’s officers‚ a relationship that may harm other creditors. Even though no one was deceived in this case‚ the financing statement was still misleading and because of this‚ Northwest has no
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investors and the company. This belief is based on the number of arguments. The unsecured debentures are not supported by collateral security and not ensured the return of the interest and the principal. The unsecured debenture-holders are unsecured creditors of the company and don’t enjoy any special protection of their funds. Moreover‚ it is not easy for the common people to buy debentures as they are of high denominations. Additionally‚ this source of financing is least attractive to the company because
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capital. Traditional sources are the internally generated capital (retained earnings); ownership capital is the capital owned by shareholders of the company (ordinary shares) while non-ownership capital includes funds from lenders such as banks and creditors. In view of this report‚ it is exclusively focused on external financing which is ownership and non-ownership capital. Long term sources of finance are those that are needed over a longer period of time‚ usually over a year. The reasons for needing
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