In reviewing the purchase request package, you should ensure funding is available and required approvals and certifications have been obtained.
<h3>What is
funding?</h3>
The act of providing resources to finance a need, program, or initiative is known as funding. While this is normally in the form of money, it can also be in the form of an organization's or company's work or time.
Asset financing is the borrowing or lending of money using a company's balance sheet assets, such as short-term investments, inventory, and accounts receivable. The corporation borrowing the funds is required to give the lender a security interest in the assets.
Retained earnings, borrowed capital, and equity capital are the primary sources of finance. Retained earnings from business operations are used by companies to expand or deliver dividends to shareholders. Businesses generate capital by either borrowing from a bank privately or going public.
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Answer:
The value of the Share of Zeke after the new Expansion is $25.
Explanation:
As there was no growth in the dividend before change, Price of the share from a stable dividend payment can be calculated by following formula.
Price = Dividend / Required rate of return
As we have the share price and the dividend amount we need to calculate the required rate of return.
Required rate of return = Dividend / Price
Placing value in the formula
Required rate of return = $2.50 / $25.00 = 0.1 = 10%
After New Expansion
Dividend = $1.50
Growth rate = 4%
The share price can be calculated by the dividend growth formula, as follow
Price of share = Dividend / (Rate of return - growth rate)
Price of share = $1.50 / (10% - 4%)
Price of share = $1.50 / 6%
Price of share = $25
Answer:
directors are the trustees of the company's money and property, and also act as agents in the transaction which they enter into on behalf of the company. Directors are liable as trustees for breach of trust, if they misapplied the funds or committed breach of byelaws of the company.
An auditor is an authorised personnel that reviews and verifies the accuracy of financial records and ensures that companies comply with tax norms. They primarily objective is to protect businesses from fraud, highlight any discrepancies in accounting methods, among other things.
The types of long term insurance offered by outsurance are :
- Death insurance
- Out of the office insurance
- Disability Cover
- Building Insurance
- Etc
hope this helps
