Chapter 15 COMPANY SECURITIES 15.1 DEBENTURES This is a written acknowledgement of a debt owed by a company. Whilst it is possible for some debentures to be unsecured‚ those given to the bank will usually incorporate a fixed and / or a floating charge over the company’s assets. 15.2 FIXED CHARGE This is a charge which immediately encumbers specific assets of the company. Accordingly‚ the chargee’s (bank) consent would be required if the company is to deal with or dispose the assets
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------------------------------------------------- Summary of IAS 32 Objective of IAS 32 The stated objective of IAS 32 is to establish principles for presenting financial instruments as liabilities or equity and for offsetting financial assets and liabilities. [IAS 32.1] IAS 32 addresses this in a number of ways: * clarifying the classification of a financial instrument issued by an entity as a liability or as equity * prescribing the accounting for treasury shares (an entity’s own repurchased
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STRATEGIC ANALYSIS AND CHOICE INTRODUCTION Strategic analysis and choice are done at two levels‚ namely‚ corporate and business levels. Strategists at the two levels unlike those at the operational level can choose what strategies to adopt i.e. “doing the right things”. Hence‚ effectiveness in realizing organizational goals is critical at these levels of strategic management. Operational strategy‚ on the other hand‚ focuses on “doing things right” i.e. properly operationalizing or
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Procedures under CST |Procedures under State Vat law applies to |CST Act and Rules prescribe very few procedures like forms for registration and concessional | |CST in many cases |rate of purchase. In case of other procedures like returns‚ appeal‚ refund‚ interest‚ penalties‚| | |recovery etc.‚ provisions as per State laws apply. | |Registration of a dealer |Every
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CHAPTER 1 ACCOUNTING IN ACTION ACCT100 Spring 2013 Teresa Chu Chapter 1-1 What is Accounting? (1) Identify (2) record & (3) communicate economic events of an organization to interested users Record: provide systematic‚ chronological diary of economic events Identify: select business-related economic events Communicate: analyze (use of ratios‚ %‚ graphs & charts) and interpret (explain uses‚ meaning and limitations) financial statements to users Chapter 1-2 Internal users Individuals
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Schindler’s list “Schindler’s List” is a film directed by Steven Spielberg which is based on the novel “Schindler’s Ark” by Thomas Kennedy. It is set during the Second World War when Hitler was in charge. Jews‚ gypsies and black people were seen as untermenschen (sub-human) and were sent to concentration camps to be killed. “Schindler’s List” is a didactic film about Oskar Schindler who employed Jewish people so that he could make money‚ as they would do the job for little pay‚ but later in
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International Technological University FINN 918 Financial Institutions Final Exam: Answers Textbook: Foundations of Financial Markets and Institutions‚ 4th Edition‚ Fabozzi‚ Modigliani‚ and Jones‚ Prentice Hall‚ 2010‚ | ISBN –13: 978-0-13613531-9 | ISBN –10: 0-13-613531-5 | 1. Indicate whether each of the following instruments trades in the money market or the capital market: a. General Motors Acceptance Corporation issues a financial instrument with four months to maturity.
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Background:Rocky Mountain Advanced Genome (RMAG) is headquartered in Colorado Springs‚ Colorado and has recently been founded by seven research scientists who have taken a leave of absence from major universities and pharmaceutical companies to establish this firm. This company uses gene-sequencing techniques with a computer-driven search algorithm to identify genes in human DNA. In January 1996‚ negotiations were coming to the end for a private equity investment by Big Sur Capital Management to
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about 15 months and Pavl died 2 years after he went to a concentration camp. The two stories take place when World War 2 was going on‚ in both texts it talks about a Ghetto‚ In Krystyna’s Story‚ It says “When Daddy found out that there would be a liquidation of the Ghetto” and in the poem The Butterfly‚ it says “For seven weeks I’ve lived in here‚ Penned up inside this ghetto.” Another similarity both
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1. Market risk is the chance that a totally unexpected event will have a significant effect on the value of the firm or a specific investment. Answer: FALSE 2. Purchasing-power risk is the chance that changes in interest rates will adversely affect the value of an investment; most investments decline in value when the interest rates rise and increase in value when interest rates fall. Answer: FALSE 3. If a person’s required return does not change when risk increases‚ that
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