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Loan Syndication: There are two ways of syndication as: direct lending and through participation.
- Direct Lending: regarding "direct lending" all the lenders sign the loan agreement independently along with the borrower and agree to lend up to their own share. The obligations of the syndicate members are some and they do not underwrite one the other.
- Through Participation: In this way of lending the lead bank is the merely lending bank, so far as the borrower is related that approaches the other lender to contribute in the loan. This generally takes position without the knowledge of the borrower. The lead bank grants a specific portion of the loan to each participant as permitted. This also agrees to pay for the participants a pro rata share of receipts by the borrower.
What is period cost Period costs are those costs which are reported as expanses of the period in question. These are cost which are not assigned to the product but are charged
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One of the main deities of the financial manager is to keep a sound liquidity position for the firm hence the dues are settled as and while they mature. Separately from this the fi
Loan Syndication : There are two ways of syndication as: direct lending and through participation. - Direct Lending: regarding "direct lending" all the lenders sign the loa
identify and explain the many classification of costs for planning, control,performance evaluation and decision making.
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tha accountant''s approach to CVP ANALYSIS HAS BEEN CRITICISED IN THATIT DOES NOT DEAL WITH THE FOLLOWING; CHANGES IN PRODUCT MIX. WHY IS IT SO?
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