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Explain the term- Authorised and Paid-up Share Capital
Number of shares of stock provided for in Articles of Association of a company is the authorized share capital. This figure is generally indicated in Share Capital section of the Balance Sheet.
Paid-up share capital is the capital which has been issued and subscribed by shareholders. Authorised capital is generally well in excess of the paid-up capital and a company can't legally issue more shares than authorized. Number of authorized shares can be changed only by amendment to Articles of Association for which a special resolution needs to be passed in the Annual General Meeting.
Changes in the bond value is inversely related to the change in the interest rates. If an investor holds a long bond position, he would incur loss if the in
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QUESTION i) Distinguish between intermediated and market finance using illustrative examples. ii) Differentiate between the main characteristics of Debt and Equity. iii)
The purpose of this financial analysis is to determine the economic viability during the last five years of the Lance Company and to advise our client on whether the acquisition of
Pension Reforms On January 1, 2004, Pension Funds have come into force in India. Government servants will have to subscribe to them. The new pension fund system is primarily dr
You are still a consultant for the Excellent Consulting Group. You have completed the first assignment, developing and testing a forecasting method based on linear regression (Case
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N egotiation You can also negotiate with the bidders based on the requirements as mentioned below. You can negotiate only with the lowest evaluated responsive and qualified
DEFINITION OF FINANCIAL MANAGEMENT The term financial management has been described by management experts in several ways reflecting the duties and responsibilities of a financ
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