Assignment Submission guidelines and word limit policy This assignment must be submitted online (Turn-it-in) and also in person (a hard copy). It is no longer possible to submit assessment via email (absolutely not acceptable). Your assessment should be submitted electronically by 5.00 pm (Melbourne Time) on the due date (week-6.1). Instructions on how to submit your assessment through MOODLE‚ can be viewed under the ‘Assessment’ tab on the subject homepage. You will require your student email
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Lesson 2 (3.0 points) 1. Name at least one of the steps in establishing credit. (0.5 points) Incorporate your business. 2. Name at least one alternate option to establishing credit if you are unable to get a credit card yet. (0.5 points) Get a secured credit card. 3. What is debt services default? (0.5 points) When an individual‚ company or sovereign nation borrows money‚ there are usually legal obligations that have been set out in a debt contract 4. What is the Better Business Bureau?
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Report To: Potential Investors From: An Accountant Date: 12/12/2013 Subject: Analysis of Financial Statements This report will focus on two representative fashion companies in UK. They are Burberry and Ted Baker. Both of them listed on London Stock Exchange and belongs to personal goods industry. Burberry is a global luxury brand which operates in the luxury goods manufacture‚ retailer and wholesales segments. The company mainly operates in Europe‚ Asia‚ Australasia and Americas and provides non-apparel
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TERM PAPER OF ACCOUNTING FOR MANAGERS TOPIC:- FINANCIAL STATEMENT ANALYSIS OF JET AIRWAYS INDIA LIMITED. SUBMITTED TO NITIKA SEHGAL SUBMITTED BY SABA MASOD ROLL NO :-B 43 SEC.S1001
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debtor o. Appropriation by the creditor p. Appropriation by law where neither party appropriates 4. Banker Regarded As A Favoured Debtor……………………………………….pages 18-20 q. Relation of a debtor and a creditor r. General obligations of banker towards customer 5. Conclusion……………………………………………………………………… page 20 6. Bibliography……………………………………………………………………..page 21 RIGHT OF LIEN * INTRODUCTION -WHAT IS LIEN? A lien is the right of a creditor in possession of goods‚ securities
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repercussions. Advantages of Senior Note Senior notes carry relatively low interest rates. Senior debt is relatively easy to raise as compare to normal debt. Disadvantages In the event the issuer goes bankrupt‚ senior debt must be repaid before other creditors receive any payment. It is mostly backed by collateral and usually it covers most assets of the organization Following are the financial reasons for the failure of Iridium Iridium’s target customers consisted
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not an owner if it did not own the property at the time of toxic discharge from the facility. iii) A parent company may be considered the owner‚ despite the formation of a subsidiary with day to day control over operations. iv) Lenders and secured creditors are liable if they actively participate in decisions involving either waste treatment‚ or site development. They are not liable if they do not participate in management decisions. (silent partners and banks) v) An owner‚ employer‚ or waste
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6. Article 6 – Buyers must notify creditors providing credit to the seller must take measures to ensure that the seller pays stated debts when the buyer pays for their products. 7. Article 7 – Rules based on the relationships between sellers and buyers related to transportation costs. 8. Article 8 – Related to insurance rules and transfer of bonds‚ stocks‚ or other investment securities. 9. Article 9 – Related to Uniform Commercial Code-Secured Transactions if a debtor defaults on
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Analysis of Balance Sheet As the Indian economy bounced back and grew by 7.2% in 2009-10‚ the automotive industry in India recorded steady growth in the first two quarters and recorded significant growth in the last two quarters of 2009-10. The commercial vehicle industry grew by 40.1% compared to the decline of 17.4% in 2008-09. The passenger vehicle industry‚ which had showed a decline of 0.5% in the previous year‚ grew by 24.8% in 2009-10. With single digit inflation‚ the monetary policies of
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default.-Sec. 126. P lends Rs. 5‚000 to Q and R promises to P that if Q does not pay the money R will do so. This is contract of guarantee. Q is called the Principal Debtor‚ P the Creditor‚ and R the Guarantor or the Surety. Classification Contracts of guarantee may be of three types : (1) for payment to the Creditor to the Principal Debtor by the Guarantor ; (2) payment of price for goods sold‚ and (3) Fidelity guarantee i.e. to discharge the liability of a person for good conduct of a service-holder
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