capital 2. Intra-comparison. The working capital stage includes: 1. Operating Cycle 2. Cash management 3. Receivable management 4. Inventory management 5. Working capital ratios Working capital turnover ratio Inventory turnover ratio Debtors turnover ratio Creditors turnover ratio The Intra-comparison stage includes: 1. Income 2. Sales 3. Profitability 4. Ratios Company Summary Ranbaxy
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rules. Debtor’s statement of affairs. Public Examination of the Debtor 17. Public examination of debtor. 18. 19. Compositions and schemes of arrangement. Effect of composition or scheme. 20. 21. 22. 23. Adjudication of bankruptcy where composition not accepted or approved. Appointment of trustee. Committee of inspection. Power to accept composition or scheme after adjudication. 24. 25. Duties of debtor as to discovery and realization of property. Address and certain
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TASK 7 WHAT AN ADMINISTRATIVE BUDGET IS‚ AND HOW TO DEVELOP ADMINISTRATIVE ASSISTANT SKILLS? An Administrative Budget is an official‚ detailed financial plan for a business. This is usually prepared on a quarterly basis. This is how the cost of running an operation that is not tied to production is identified. Having a budget enables management to control the day to day activities of a business. An administrative budget is a formal breakdown of all planned expenses. It allows management
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at Lavasa‚ Pune (hereinafter called the “Debtor”) a sum of Rs. 5‚00‚000/- (Rupees Five Lakhs Only)‚ Mr. Rahul Malhotra residing at Chinchwad‚ Pune (hereinafter called the “Surety”) at the request of the Debtor hereby undertakes to pay to the Creditor the said amount of Rs 5‚00‚000/- or any part thereof remaining unpaid in case of default of payment by the Debtor to the Creditor within the time stipulated by him in the separate writing executed by the Debtor - for evidencing the said Debt‚ in favour
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suppliers‚to investors‚to debtors and back in cash.The time gap is technically termed as operating cycle.In other words‚the duration of the time required to complete the following sequence of events‚in case of a manufacturing firm‚Is called operating cycle. 1)Conversion of cash into raw materials 2)Conversion of raw materials into work-in-progress 3)conversion of work-in-progress into finished goods 4)conversion of finished goods in debtors 5)conversion of debtors to cash Bewteen each stage
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Master of Business Administration- MBA Semester 1 MB0041 – Financial and Management Accounting - 4 Credits (Book ID: B 1624) Assignment- 60 marks Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? (Meaning of accounting 2 marks ; Meaning of book keeping 3 marks; objectives ofaccounting 5 marks) 10 marks Answer. Accounting- Accounting is defined as "the art of recording‚ classifying
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2014 2013 £35‚000 £38‚000 Current Assets: These are goods or services used or owned by PPP within the year. PPP uses its current assets on a daily basis. PPP’s current assets include its stock and debtors. 2014 2013 £14‚810 £15‚750 Debtors: Debtors are people who owe PPP money. For PPP having debtors is good because it means it has
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Forms of breach of contract and the remedies that can be used. Table of contents: Introduction Contracts as a whole Forms of breach of contracts Remedies Introduction: As long as human kind can remember contracts has been in the existence. Goods were exchanged in order to survive. Therefore a contract can be described as an agreement between two (or more) people where one person offers to do something and another person accepts that offer. So when someone agrees to sell and
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asceticism. In short; guilt arises out of the relationship between the creditor and debtor and is a guise for the desire to inflict pain. In being a creditor you have power and can inflict pain upon a debtor in compensation for failure to repay a credit. So‚ people have the desire to be creditors and thus have power‚ with which they can inflict cruelty and thus feel this power which they possess. Hence‚ the creditor-debtor relationship goes far beyond the generation of guilt‚ but is crucial in the understanding
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zero‚ if no credit is granted. But the profit foregone on the expected volume of sales arising due to the extension of credit. Debtors involve funds‚ which have an opportunity cost. Therefore‚ the investment in receivables or debtors should be optimized. Extending liberal credit pushes sales and thus results in higher profitability but the increasing investment in debtors results in increasing cost. Thus a trade off
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