What form of legal structure the gold exploration company

Assignment Help Financial Accounting
Reference no: EM132606598

BHP Billiton Ltd has obtained the rights to explore for gold in Ghana. BHP Billiton Ltd. decides to establish a new subsidiary company that will carry out this high-risk venture. The new company will be listed on the stock exchange. The gold exploration company expects to complete its exploratory search over the next 12 months, at which time it will report back to shareholders and make recommendations on the viability of the project.

Question (i) Advise BHP Billiton Ltd. on what form of legal structure the gold exploration company incorporate? Why would you recommend this structure?

Question (ii) What are the advantages to the company and also to the shareholders of the structure you recommended?

Reference no: EM132606598

Questions Cloud

The steps in the disciplinary process at your organization : What are the steps in the disciplinary process at your organization? To your knowledge, are there a lot of active disciplinary processes going on?
Describe the sunk cost in the tourism industry : Describe the sunk cost in the tourism industry?
ACCT551 Intermediate Accounting Assignment : ACCT551 Intermediate Accounting Assignment Help and Solution - DeVry University, USA - Homework Help - how much the preferred and common stockholders
Marketing in for-profit and not-for-profit health care : Create a matrix that contrasts the differences between marketing in for-profit and not-for-profit health care organizations.
What form of legal structure the gold exploration company : Advise BHP Billiton Ltd. on what form of legal structure the gold exploration company incorporate? Why would you recommend this structure?
Who loses out of the loan given the unexpectedly : Also, explain who gains and who loses out of the loan given the unexpectedly higher inflation, and why
What is market demand : What is market demand?
Explain the concept of vertical fdi : Explain the concept of vertical FDI. How does this differ from the concept of offshoring?
Finances to a maximum of four courses : You have one semester left to graduate and you have the finances to a maximum of four courses.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

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

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.

  Financial accounting assignment

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

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

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 frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

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

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd