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Define the meaning of Overtrading
When a company is trading at a very fast pace, it would be generating sales on credit with speed, so have a large volume of trade receivables. It would also be purchasing inventories on credit at a fast pace and thus have a large volumes of trade payables. If company doesn't have sufficient capital (finance), it will find it difficult to continue as there are insufficient funds to meet all the costs.
Suppose the government wants to limit imports of a certain good. Is it preferable to use an import quota or a tariff? Why? Modification in domestic consumer and producer surp
Scenario: Brands and businesses in just about every industry are in a state of war with their competitors through promotions and marketing strategies. Majority of renowned brands
a) Distinguish among standard costing and budgetary control. (b)"Calculation of variances in standard costing is not an end in itself, but a means to an end" Brief discussion
As of November 1, 1999, the exchange rate in between the Brazilian real and U.S. dollar is R$1.95/$. The agreement forecast for the U.S. and Brazil inflation rates for the next 1-y
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Explain Gresham’s Law. Answer: Gresham’s law considers to the phenomenon that bad (abundant) money drives good (scarce) money out of circulation. This type of phenomenon was fre
causes for financial innovation
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