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Binge Pty Ltd has borrowed a large sum of money from Moneybags Bank Ltd. The bank has obtained personal guarantees from the company’s directors, George and Vivien. The company is unable to repay the loan. The bank is of the opinion that the company is no longer a separate legal entity and that Vivien and George now need to repay the loan. Do you agree with the bank?
Answer your question in the space provided and it should not exceed 10-12 lines.
It is recommended that you spend approximately 12 minutes to answer this question.
Refer to the relevant sections of the Corporations Act 2001 (Cth) where possible and also quote relevant cases where possible. You are required to briefly discuss the law and apply the law to the facts.
Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.
In this essay, we are going to discuss the issues of financial management in a non-profit organisation.
Evaluate venture's present value, cash and surplus cash and basic venture capital.
This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?
Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.
In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).
Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.
Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.
How much will you have left over each half year if you adopt the latter course of action?
A quoted company is considering several long-term sources of finance for expansion into new foreign markets.
This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.
This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.
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