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Definition of 'Bank Credit':
The amount of credit available to a business or individual from the banking system. It is the aggregate of the amount of funds financial institutions are needed to provide to an individual or organization.
A 16% debenture of R5 000 is redeemable at a premium of 10% after 5 years. The fair rate of return on similar debentures is 14% before tax. Calculate the present value of the capit
Business forecasting menaing
Clemson Software is considering a latest project whose data are given below. The needed equipment has a 3-year tax life, after which it will be worthless,and it will be depreciate
In multiple correlation equations we are often interested in finding out how much of the variation in the dependent variable is explained by one independent variable if all the oth
a) Talk about in brief the various GAAPs that are mandatory to be followed. b) What are the several components of total cost.
Why do a Split? A 4 x 1 Split is an operation by which a shareholder now owns 4 shares for every share he/she had before. Logically, the stock market value of each of these new
The consolidated income statement for AB Group for the year ended 30 June 2010: (all amounts in the workings are in $000, unless stated otherwise)
Evaluate the tools commonly used in estate planning, including trusts, life insurance, and annuities. Compare the tools as to how they would apply for a couple in their mid-50s who
What are the main implications of ownership rights by equity claims? Ownership rights have two primary implications: a. First, equity holders can advantage by any raise in t
Q. Show objections against profit maximization? 1) Profit cannot be ascertained well in advance to express the. Probability of return as future is Uncertain. It is not at all p
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