If the price of the shoe yesterday was $200 and on this day 20 percent has been taken thus it will have $160. In the next 3 days if another 20 percent will be taken out from the previous $160 then the final answer is $128.
All companies that are publicly traded are required by the sarbanes-oxley act to have a code of ethics available to all employees.
Every share which is available for purchase in the stock market is issued by a publicly traded company. A company becomes publicly traded by making an initial public offering of shares in the company, which in turn helps it to raise the capital and give both the investors and the company a powerful way to create wealth.
The stock market has proven over the history to be one of the greatest vehicles of wealth generation ever.
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Answer:
A Banker's Analysis of an Automotive Company for Loan
Most important consideration in determining grant of loan:
c. The company has a large amount of interest payments related to other outstanding loans.
Explanation:
The large amount of interest payments related to other outstanding loans means that the automotive company is highly leveraged. To grant a bank loan will have added leverage risk.
In analyzing the request for a loan, a bank should consider the borrowing company's credit history. With so much in interest payments, the company has already borrowed heavily. The banker should consider the application of the past debts. Were they used in investments or for working capital purposes or to repay liabilities and shareholders.
The banker also needs to review the cash flow history with line with the above, to know how the past debts have been applied, as already stated above. In reviewing the cash flow history, the projections of the company should be tested for sustainability. "Has the company been meeting its past projections?" is a relevant question to understand.#
Lastly, the banker should also consider the existence of collateral for the loan, especially given that the company is highly leveraged. Are there unencumbered assets that can serve as collateral in case of default?
Answer:
I dont agree
Explanation:
Cover letters are a good first contact with candidates for a position. They draw attention to the Curriculum Vitae if the Cover Letter is strong enough. Personally, I think that the Curriculum Vitae itself is the most important document that a candidate can create as it specifies all the experience gained through the work life. Additionally, when you are applying to a Job the Cover Letters are optional but the curriculum vitae is always mandatory.
Answer: Accrual accounting
Explanation: Under the accrual method of accounting, the entity records the revenues and expenses in the period of their occurrence, regardless when the cash is exchanged.
In the given case, Porite is recognizing revenues in the same period for the account receivable of asset from which that revenue is generated. Hence, the receiving of revenue is not taken into consideration.
Hence, from the above we can conclude that the practice of Porite is an example of accrual accounting.
