1. What is a share? (1 mark) 2. Identify two advantages of a private placement of shares as compared with a public issue. (1 mark) 3. The shareholders of Quinninup Ltd hold 25 000 A class ordinary shares‚ fully paid at $4.50 each. On 17 April 2012‚ the company directors voted to make a 1 for 5 rights offer to these shareholders. The additional shares were offered at $1.75 each‚ payable in full one month after acceptance. The offer closed on 31 May 2012 with 90% of the shareholders accepting.
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Lee Corporation Equity Scenario Income B-4 Taxes Tax Expense (40%) Net Income 240‚000 96‚000 144‚000 NOTE: adjustments to error corrections are always after tax (AT). JE’s needed: DR Retained Earnings Accumulated Depreciation 15‚000 15‚000 CR Retained Earnings Inventory 21‚000 21‚000 Dividends (Retained Earnings) Cash Dividends Payable 100‚000 75‚000 25‚000 Lee Corporation Retained Earnings Statement for the year ended December 31‚ 2007 January 1‚ as reported Correction for depreciation
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EMPLOYMENT EQUITY Contents PAGE EXECUTIVE SUMMARY 2 INTRODUCTION 2 WHAT IS EMPLOYMENT EQUITY 3 HOW DOES IT WORK 3 - 4 WHAT IS AFFIRMATIVE ACTION 5 IMPLEMENATION OF AFFIRMITIVE & EMPLOYMENT EQUITY 6 - 7 OBSTACLES & CHALLENGES 7 ACKNOWLEDGEMENTS 8 CONCLUSION 8 BIBLIOGRAPHY 9 EXECUTIVE SUMMARY This assignment deals with the Employment Equity Act of 19 October 1998. It covers the workings of the act in terms of equity
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AGENCY PROBLEM OF KFC SUBMITTED TO: BINDU KHANAL (FACULTY‚ APEX MBA) SUBMITTED BY: ASHMITA LAMICHHANE NAMRATA MAINALI SMRITI GAUTAM (PARYA) Introduction to agency problem Agency Problem is an economic‚ political‚ legal and corporate governance concept that aims to explain the difficulties in motivating one party (the agent) to act in the best interests of another party (the principal) instead of in his own interest. A conflict of interest inherent in any relationship
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TABLE OF CONTENT 1.0.0 Introduction------------------------------------------------------------------------------------------2 2.0.0 Some Definitions of sex outside marriage---------------------------------------------------4 2.0.1 Secular------------------------------------------------------------------------------------------4 2.0.2 The Bible----------------------------------------------------------------------------------------4 3.0.0 Counselling a Woman who had extra marital
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Agency Theory and Its Consequences A study of the unintended effect of Agency Theory on Risk and Morality M.Sc. FSM Master Thesis: Agency Theory & Its Consequences Master Thesis at Copenhagen Business School Student: Thomas Rüdiger Smith Programme: M.Sc Finance & Strategic Management Advisor: Sven Junghagen‚ Department of Management Politics & Philosophy August‚ 2011 Total Pages: 78 (133 with appendix and summary) Characters: 181647 (246486 with appendix and summary) Thomas Rüdiger
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between the two in order to either generate or maintain competitive advantage. There exist two perspectives to business level strategy; either an organization adapts to the environment‚ or the environment is adapted to the organization. Thesis: The outside-in perspective places an emphasis on fitting the organization to the environment. The firm watches for changes in the environment and for threats or opportunities to emerge. After establishing a presence in the market‚ it watches for shifts in the
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EQUITY AND TRUSTS The statute does not forbid or destroy equitable assignments or impair their efficacy in the slightest degree." Per Lord Macnaghten in William Brandt’s & Sons & Co v Dunlop Rubber Co Ltd [1905] AC 454‚ 461 Discuss critically the above statement with regard to the Malaysian legal position. Before receiving his title deed‚ a person may obtain a loan from a financier by assigning the rights to the property to the financier. Similarly‚ a creditor may obtain a loan from a factor
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Due to the promblematic situation of statehood The state soveregnty of this will presume thus in order for validity such atrocias vehicle will be displayedProperty which is intended to construct a trust fund must be segregated from all other property‚ in order for its identity to be sufficiently certain. If this is not succeeded then the result will be found to have no certainty of subject matter and in turn the trust will fail. As found in the case Re London Wine Co. where the creditors of a wine
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Gender Equity One of our civil liberties is the pursuit of happiness‚ which homosexual people are not allowed to chase. I was raised in the United States of America where they say it’s the land of the free. In saying that‚ Gender should not factor into same sex marriage and adoption because it’s against the constitution and moral rights. Being a same sex couples should not factor into a legalized marriage because in the constitution under the tenth amendment‚ which states “Constitution ’s principle
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