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(a) Explain briefly the notion of a social contract and name the relevant parties and their relationship in the above article. (b) What relevance does the social contract have with respect to the legitimacy of an organisation? What is meant by organisational legitimacy? (c) How would corporate management of Westpac determine the terms of the social contract? What would be the implications for a firm if it breached the terms of the contract? What were the mistakes referred to by Mr Hawker? (d) If Westpac broke the terms of the social contract, what actions would you expect management to undertake in the subsequent periods and why?
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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