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Management of Sundry Debtors:
SUNDRY - Miscellaneous infrequent or small customers that are not given individual ledger accounts but are classified as a group.
SUNDRY CREDITORS - defines to companies or individuals to which money is owed.
SUNDRY DEBTOR - is an entity from who amounts are due for services rendered or goods sold or in respect of contractual obligations. Also defined: debtor, account receivable and trade debtor.
Explain the conditions under which the forward exchange rate will be an unbiased predictor of the future spot exchange rate. Answer: the conditions when forward exchange rate
what are the arguments in favour of profit maximization?
Explain and compare forward vs. backward internalization. Forward internalization takes place when MNCs with intangible assets make FDI in order to use the assets on a larger sca
Investing Surplus Cash : Cash not required for temporary periods of short durations can be invested in near-cash assets, i.e. marketable securities which are readily convertible in
agency relationship between shareholders and auditors
a) This refers a business, such as Palmolive-Colgate being able to sell the same product using the same marketing approach all over the world. It is used by firms with global brand
Explain the structure of financial systems In direct finance borrower-spenders borrow funds straight from lenders in the financial markets by selling them securities. In indire
Is depreciation the loss of value of fixed assets No. An operative (and not a pseudo-philosophical) explanation of depreciation might be: it is a number that allows us to save
Explain the statement: “Exposure is the regression coefficient”. Answer: Exposure to currency risk can be suitably calculated by the sensitivity of the firm’s future cash flows a
Explain the Advantagesand disadvantages of MBO Advantages of MBO Disadvantages of MBO Sale can be arranged quickly Manag
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