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Resolution For Voluntary Winding Up
A company may be put into voluntary liquidation:
1) By ordinary resolution: where any period fixed for the duration of the company has expired or any event upon which the company is to be dissolved has happened;
2) By special resolution: for any reason whatsoever. s.271;The resolution must be advertised in the Kenya Gazette and in a newspaper within 14 days s.272, and the winding up is deemed to commence from the passing of the resolution s.273.
Deferred tax A company may enter into transactions in the current financial period that may result in the firm either paying or saving some tax in the future. The tax that may be
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Pre-acquisition dividends Pre-acquisition dividends may also arise in the following situations; 1 ) Where the holding company acquires the subsidiary company’s shares cum-div
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Determine the future value of Rs.1000 compounded continuously for 5 year on the interest rate of 12 percent per year and contrast it along with annual compounding. Solution :
I NEED HELP in business ratios for two company.Ido not know how to do the formulas. Can you help.
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