"What is a working capital policy and why is it needed?" Working capital is a “measure of a company’s efficiency and its short term financial health” (Ivestopedia‚ 2008). To calculate a company’s working capital subtract its current liability from its current assets. Current assets include cash‚ accounts receivable‚ and inventory on hand. “Working Capital gives investors an idea of a company’s underlying operational efficiency” (Investopedia‚ 2008). A positive working capital ensures that a company
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questionable on multiple grounds‚ when Gordon Gekko uttered these infamous words he accurately explained the rationale behind many financial‚ or more specifically‚ Wall Street decisions. Greed ensures that the course of action is only determined by the resulting monetary wealth‚ not by other factors such as societal and legal effects. Wall Street follows the quick rise of a young low level account representative‚ Bud Fox. Eager to make his riches and gain notoriety‚ Fox persistently solicits his services
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Swedish corporations unaffected. The effects for the Swedish corporations have been tougher credit terms‚ with banks enforcing debt covenants such as demands of a higher share of own capital. Strategies which can be adapted within the firm to improve liquidity and cash flows concern the management of working capital and cash management‚ areas which are usually neglected in times of favourable business conditions. In this study it is examined how companies have adjusted their liquidity strategies
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HUMAN CAPITAL INTRODUCTION: HUMAN BEINGS BRING KNOWLEDGE & ATTITUDE TO THEIR PLACE OF WORK KNOWLEDGE PROVIDES CAPABILITY ABILITY TO PERFORM CAPABILITY IS ASSOCIATED WITH CREATIVITY ABILITY WITH DOING [ACTION] BESIDES KNOWLEDGE‚ EXPERIENCE CAN ALSO BE THE SOURCE OF ABILITY THE SCOPE OF ABILITY BASED ON EXPERIENCE IS LIMITED HUMAN CAPITAL: IN PAST IT WAS HR; TODAY IT IS HUMAN CAPITAL HUMAN CAPITAL IS KNOWLEDGE + COMPETENCIES REQUIRED TO PERFORM TO PRODUCE ECONOMIC VALUE KNOWLEDGE SHOULD
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Capital punishment The death penalty should be abolished. Do you agree ? The death penalty or capital punishment is still being practiced in many countries. Criminals who are put on the death row include those who are arrested for drug trafficking and those who commit murders. In Asia‚ death by hanging is the most common method of capital punishment. Among the countries‚ lethal injections‚ electrocution and death by a firing squad are more common. Should the death penalty be abolished
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I’m Millionaire‚ I’m a Young Money Millie in aire‚ tougher than Nigerian hair‚ My criteria compared to your career just isnt fair‚ I’m a venereal disease like a menstrual bleed... Threw the pencil and leak on the sheet of the tablet in my mind‚ Cause I don’t write nothin cause I ain’t got time‚ Cause my seconds‚ minutes‚ hours go to the almighty dollar‚ And the almighty power of al-la‚ Sister‚ Brother‚ Son‚ Daughter‚ Father motha lovin copper‚ Got da maserati dancin on the bridge trunk poppin
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Indian Capital Markets Since 2003‚ Indian capital markets have been receiving global attention‚ especially from sound investors‚ due to the improving macroeconomic fundamentals. The presence of a great pool of skilled labour and the rapid integration with the world economy increased India’s global competitiveness. No wonder‚ the global ratings agencies Moody’s and Fitch have awarded India with investment grade ratings‚ indicating comparatively lower sovereign risks. The Securities and Exchange
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Capital Budgeting Rules: NPV‚ IRR‚ Payback‚ Discounted Payback‚ AAR Categories of Plans 1. Replacement Projects: decisions to replace old equipment – those are among the easier of capital budgeting techniques. It is important to decide whether to replace the equipment when it wears out or to invest in repairing the machine. 2. Expansion Projects: These are decisions whether to increase the size of business or not – they are more uncertain than replacement projects. 3. New products and services: These
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Street Corner Society Community is seen as “complex system of friendship and kinship networks‚ and formal and informal associations’ ties rooted in family and ongoing socialization process” (Class notes‚ Soci. 421.15‚ Sept 23rd/2010). This paper discusses how Shaw and McKay’s social disorganization theory applies to “Street Corner Society”‚ and through this theory a strong association between social ties and crime rates will be examined. Essentially disorganization is seen as is the absence of social
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physically handled all the cash that came in and had ample opportunity to skim the cash even before any transactions were recorded. c. Proper Authorizations – Betty had authority to record and authorize the transactions which should not have been the case. She should not have the authority to record sales returns‚ or having access to layaway or jewelry items. This authority should be given to a manager above her. d. Independent checks – the activity performed by Betty was never checked as there was
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