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Q. Availability of fresh issue of equity?
A fresh issue of equity finance mayn't be readily available to a listed company or may be available on terms that are unacceptable with regards to issue price or issue quantity if the stock market is depressed (a bear market). Current shareholders may be reluctant to subscribe to a rights issue for instance if they have made other investment plans or if they have urgent calls on their existing finances. A fresh issue of debt finance may not be available to a listed company or available at a cost considered to be unacceptable if it has a poor credit rating or if it faces trading difficulties.
Subsidiary company exclusion features 1) The standard does not require consolidation of a subsidiary acquired when there is evidence that the control is intended to be temporar
Types of interest given under a will The interest given in a legacy, devise or gift of residue may be of the following kinds:- 1. Vested: A vested interest gives an immedi
how to prepare the accounts when goodwill is not to be maintained in the books
i. To disengage government from economic or business activities in which it has no competence or in areas where the private sector is more competent. ii. To make the enterprises a
What happens to capital when a project is completely funded by retained earnings?
The non current asset section of Aadil & Co. at December 31, 2005 is as under:- Land Rs. 1,000,000 Office equipment Rs. 5,000,000 Less: accumulated depreciation 250,000 4,75
Preferential debts These are almost the same as in bankruptcy; with the addition that any person who has advanced money for the payment of wages has the same priority as the pe
Q. Sensitivity Analysis of Project? This system measures the change in project NPV arising from a fixed change in each project variable or measures the change in every project
Q. What do you mean by Operating Agreement? Operating Agreement - Agreement, generally a written document which sets out the rules by which a LIMITED LIABILITY COMPANY (LLC) is
Fakari had the following asset at the ending of the year 2013 having started the business at the beginning of the same year. Ksh.000 Account payable 15,800 equipment 46,000
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