Capital Account Convertibility. Should India adopt full convertibility? Capital Account Convertibility-or a floating exchange rate-is a feature of a nation ’s financial regime that centers around the ability to conduct transactions of local financial assets into foreign financial assets freely and at market determined exchange rates. It is sometimes referred to as Capital Asset Liberation or CAC. CAC is mostly a guideline to changes of ownership in foreign or domestic financial assets and liabilities
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Q. How Will You treat ‘ packing expenses on sales’ in final accounts? Ans. It is an indirect expense‚ therefore‚ it should be shown in the Profit & Loss Account. Adjustments at a Glance Sl No. Adjustments Adjustment Entries Treatment in Final Accounts 1. Closing Stock Closing Stock A/c Dr. To Trading A/c a. Credit side of Trading A/c. b. Show on the assets side of B/S 2. Outstanding or unpaid expenses Expenses A/c Dr. To Outstanding exp. a. Add to the
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Balance of Payments: Meaning and Components The Balance of payments of a country is a systematic record of all economic transactions taking place between the country and other countries over a given period of time. It includes both exports and import of goods as well as services. Many confuse Balance of Payments (BoP) with Balance of Trade (BoT).However‚ BoT only takes into account the transactions arising from imports and export of goods. Transactions recorded in BoP account can be classified
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Strategic Management Journal Strat. Mgmt. J.‚ 29: 115–132 (2008) Published online 4 October 2007 in Wiley InterScience (www.interscience.wiley.com) DOI: 10.1002/smj.653 Received 11 March 2005; Final revision received 21 August 2007 CORPORATE DIVERSIFICATION: THE IMPACT OF FOREIGN COMPETITION‚ INDUSTRY GLOBALIZATION‚ AND PRODUCT DIVERSIFICATION MARGARETHE F. WIERSEMA1 * and HARRY P. BOWEN2 1 Paul Merage School of Business‚ University of California‚ Irvine‚ California‚ U.S.A. McColl School of Business
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Icelandic crisis? 3 2. Main causes of Icelandic financial crisis. 5 3. Aftermath and Resolutions. 6 3.1. Aftermath. 6 3.2. Resolutions. 7 4. Other resolutions. 8 CONCLUSION 9 REFERENCES 10 INTRODUCTION Financial crisis in 2008 considered as the Global Financial Crisis in the world’s first exploded in the USA. According to economic experts‚ the crisis caused by the securitization and the housing bubble explode has struck directly not only American economy but also the economy
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The Recession of 2008 caused widespread panic and distress globally. Trillions of dollars were lost during this time. It was a frightening time for people because they were unsure of what was to come regarding their situations. These losses of money lead to a decrease in consumer spending‚ which decreased the GDP. This then invoked companies to lower salaries and cut large numbers of their employees. The huge loss of jobs made the unemployment rate skyrocket. All of these consequences of the
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6 December 2013 Aristotle’s account of the Cardio Vascular system Aristotle’s description of phenomena in the living world‚ in particular animal anatomy and the causes of natural processes in the body‚ were far more advanced than that of his predecessors. His value of empirical research aided and ultimately enabled him to study a variety of natural phenomena. In this paper‚ I will focus on Aristotle’s account of the anatomy of the heart and its relation with a network of other organs (modernly
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Work/Life Balance Steady by Jared Shelly | HRE Online June 04‚ 2008 The uncertain economy hasn’t negatively affected work/life balance policies on the whole‚ according to a recent study. But not all of the news is positive. Paid-time off for maternity leave has decreased and some of HR’s focus has shifted from work/life to wellness initiatives. Although the United States is in the midst of an economic downturn‚ the frequency of policies that promote work/life balance has not only held steady
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Chapter 3 The Balance Sheet and Financial Disclosures Questions for Review of Key Topics Question 3-1 The purpose of the balance sheet‚ also known as the statement of financial position‚ is to present the financial position of the company on a particular date. Unlike the income statement‚ which is a change statement that reports events occurring during a period of time‚ the balance sheet is a statement that presents an organized array of assets‚ liabilities
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Employment Relations Essay Work-life balance 1. April 2009 Table of contents Table of contents p. 1 Introduction p. 2 Definitions p. 2 Work-life Balance p. 3-4 Conclusion p. 5 References p. 6 Topic: Work-life balance has become an important social issue. Critically analyze the contributions of business‚ unions and government towards promoting work-life balance. Introduction: To balance work and leisure is an important issue
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