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Explain about the term- Contingent liabilities
Under IAS 37 provisions, contingent assets and contingentliabilities, contingent liabilities aren't recognised in the financial statements. Contingent liabilities are less than 50% probable however not remote. The users of accounts need information from the notes to make a proper assessment. Especially as probability figure can be manipulated.
The XYZ company supplies products to a number of original equipment manufacturers (OEM's). It employs 5,000 mostly unionized workers and generates about $2.2 billion in revenue ann
How do we estimate expected incremental cash flows for a proposed capital budgeting project? We valuate expected incremental cash flows for a proposed project by valuating the
Briefly discuss some variants of the basic interest rate and currency swaps. Answer: In place of the basic fixed-for-floating interest rate swap, there are as well zero-coupo
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RWE Enterprises is a small manufacturer in Adelaide South Australia, feed suppliments for cattle. New production line NPV, Payback period and discounted payback period
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