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juin [17]
3 years ago
11

Recently when Mosaic Ltd was falling short of funds to meet the floatation costs of its upcoming issue of preference shares, the

company raised deposits from Rosaic Ltd. Which had surplus funds. In the context of the above case: Identify and explain the source of finance being discussed above
Business
1 answer:
slavikrds [6]3 years ago
3 0

Answer:

The floatation cost may be defined as the cost that is incurred or earned by any organization or a firm whenever they issue new stocks in the market. Here in the context, Mosaic Ltd is having shortage of money to incur the cost of the upcoming preference shares that they will issue. So they had raised deposits from another firm, Rosaic Ltd which had a surplus amount of fund. The money raised by Mosaic is a kind of security bond or transfer of money to another party for the safe keeping. The other firm i.e Mosaic Ltd. will return the money to Rosaic Ltd. later.

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3 years ago
If the natural rate of unemployment _____, the nonaccelerating inflation rate of unemployment _____, and the long-run phillips c
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5 0
1 year ago
The third-party problem: a. occurs when a market activity leads to a negative externality.b. occurs when a market activity leads
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Answer:

The correct answer is letter "C": occurs when a market activity leads to a negative or a positive externality.

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4 0
3 years ago
Reviewing the Budget
vekshin1

Answer:

For each month we calculate the variance by finding the difference between the Actual numbers and Budget numbers.

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If the actual numbers are less than the budget numbers, the budget is we say that the budget is under budget.

If the actual numbers are more than the budget numbers, the budget is we say that the budget is over budget.

Month    Budget   Actual               Variance        Under/ over  

<u>                                                              (Actual -Budget)   Budget </u>

January  23,55,872   17,90,929      -5,64,943      Under Budget

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March  22,39,980   29,24,180        6,84,200      Over Budget


4 0
3 years ago
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