Exercise 2.4 SHARE ISSUE‚ OPTIONS Prepare the journal entries in the records of Jordan Ltd in relation to the equity transactions in 2014. JORDAN LTD 25/3 Cash trust – shares Dr 750 000 Application – shares Cr 750 000 (Applications for shares) Cash trust – options Dr 10 000 Application – options Cr 10 000 (Applications for options) 2/4 Cash Dr 610 000 Cash trust – shares Cr 600 000 Cash trust – options Cr 10 000 (Transfer on issue of shares and options) Application – shares
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Do Mergers and Acquisitions Create Shareholder Wealth In The Pharmaceutical Industry? Mahmud Hassan‚ Dilip K. Patro‚ Howard Tuckman and Xiaoli Wang* Purpose: This paper analyzes mergers and acquisitions (M&A) focusing on the U.S. pharmaceutical industry in the period 1981-2004. This industry is chosen because it is global‚ engages intensively in M&A which it uses to both complement and substitute for early stage research‚ and because the potential abnormal returns to blockbuster drugs are
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concerns is ‘Anne Hathaway’ of the collection? Carol Ann Duffy presents Anne Hathaway as a character who is deeply in love with her partner whom she is writing a poem for. This poem shows that the collection is not an act of revenge‚ as it shows how much she loves Shakespeare. It also gives the idea that the collection is not completely anti-men as it shows how great Anne thinks her partner is. Using many different poetic terms and presenting them within a sonnet‚ which Anne Hathaway has supposedly
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General Meeting of Shareholders United Chemical Company URALCHEM‚ OJSC reports on the decisions taken by the shareholders at the Annual General Meeting held on 30th June‚ 2014. Moscow‚ Russia (July 2‚ 2014) -- United Chemical Company URALCHEM‚ OJSC reports on the decisions taken by the shareholders at the Annual General Meeting held on 30th June‚ 2014. The company’s shareholders approved URALCHEM’s annual report and annual financial statements for fiscal year 2013. The shareholders decided not to
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IRAC Brief Shareholder Class Action Week 6 Amy Ramkey‚ Anita Hicks‚ Charles Cohen‚ Christina Medina LAW531 Business Law June 2‚ 2014 Professor Sonja Dickens IRAC Brief Shareholder Class Action Introduction: Issue: Whether World Acceptance Corp violated the Securities Exchange Act of 1934 by making false and/or misleading statements‚ as well as failing to disclose material adverse facts about the Company ’s business‚ operations‚ and prospects. (www.marketwatch.com) Rule: The rule that applies
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Corporations are only accountable to shareholders. They do not have social responsibilities. Corporations are only accountable to shareholders. They do not have social responsibilities. Before commencement on making my stand in this topic‚ a clear definition of the aspects of this topic is essential. Firstly‚ a corporation can be define as a legal entity or structure created under authority of the laws of a state‚ consisting of a person or group of persons who become shareholders (All business 2010). Also
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least in the US are all built on the premise that the primary goal of a corporation should be the maximization of shareholder value.” (Krishnan‚ 2009) One often stumbles upon such statements while reading about shareholders value or maximization of shareholders wealth. This is also a typical answer to questions such as “what is the best and primary objective of a company in a competitive market”. But should it be the only and most important objective in a firm? Must it be fulfilled first and
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Should abortion be legal? That is one of the looming questions in politics and society. There are many people today who believe abortion should be illegal because it is the murder of an unborn baby. People state that an unborn baby is still a human being and that they also deserve the right to their own life (Abortion ProCon.org). Abortion is a right that does not need to be controlled by the government. Abortion should be a choice that women have that allows them to control their own bodies. According
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Managers are hired to act on behalf of the shareholders of a firm. However‚ this is not always the case as both parties have different objectives. The difference in interests between shareholders and managers ‘derives from the separation of ownership and control in a corporation’ (Berk and DeMarzo‚ 2011: 921). Whereas shareholders are interested in maximising their own wealth‚ managers may have more personal interests which differ to that of the shareholders. Downs and Monsen (no date‚ cited in Chin
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concerns about the young Vietnamese’s living attitude and their senses of responsibility. Abortion in Vietnam has reached the alarming level. Our goal in this paper is to bring these startling facts into discussion by arguing whether child abortion should be legalized and how can we reverse the trend in Vietnam. To achieve this goal‚ we have organized our paper into 3 main parts. In the first section‚ we provide an account of historical review of child abortion to make comparisons of the current trend
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