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1. What argument would you use to persuade a banker to finance a portion of your current assets with a long term loan?
2. What is the impact of Personal Data Protection Act 2010 on banking industry? and ways to manage the impact.
Answer in essay
You have accumulated some money for your retirement. You are going to withdraw $98,190 every year at the beginning of the year for the next 29 years starting from today. How much money have you accumulated for your retirement? Your account pays you 6..
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A young man is the beneficiary of a trust fund established for him 25 years ago at his birth. If the original amount placed in trust was $30,000, how much will he receive if the money has earned interest at the rate of 5%/year compounded annually? Co..
What is the relationship between the equity account on the Balance Sheet and Earnings (Net Income) reported on the Income Statement?
Which of the following does not affect a company's dividend policy?
Your company experienced some cash flow issues during your last project that caused the project to be terminated early without achieving all its original objectives. You calculate the company’s Quick Ratio and find it to be 1.6. What does this tell y..
Suppose you are now retired and expect to live for 20 years. If the first withdrawal is to be made today, what is the amount of that initial withdrawal?
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