COMPANY PROFILE Barak Valley Cements Limited was incorporated as a Public Limited Company in the year 1999‚ under the Companies Act‚ 1956. The Company was promoted by Mr. Prahlad Rai Chamaria‚ Mr. Bijay Kumar Garodia and Mr. Santosh Kumar Bajaj. The promoters of the company are born and brought up in the North East Region. All the promoters of the Company are well known and reputed businessmen in North East and are having a vast experience in different segments like plywood‚ Timber‚ Cement
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A) ‘The sums available for payment of a dividend depends on a company being able to satisfy both a profit and loss (realised profits) test and a balance sheet test’- Explain the profit and loss test and the balance sheet test and consider the accuracy of the above statement in relation to both public and private companies. Paying a dividend is the usual way for a company to distribute a share of its profits among the shareholders. A dividend is an amount payable to a shareholder
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a private company went public through a front door listing‚ also known as an IPO process. However‚ there is alternative method for Gome to go public‚ which is the back door listing. 1 What is BDL? BDL is a complex inter-corporate transaction by which an unlisted private-held firm‚ 1in this case‚ 1Gome‚ achieve a listing status through the 1corporate shell of publicly-listed companies. A BDL transaction is normally structured as a1 takeover of the private firm by the public company but in essence
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of Matsushita: Matsushita was created by a 23 year old engineer in 1918 by producing double socket in his house. The company grew very fast to acquire 162 employees in 1932. Matsushita announced a plan of 250 years focusing on the seven spirits of Matsushita. Before the war‚ the company produced more than 5000 product and opened 25000 domestic retail stores. It was the first company to apply divisional structure. Competition between divisions was hard. After the innovating division earned high profits
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The law of accountability should hold both the private and state companies to be liable to any responsibility and violation of the law in this regard. As a result‚ there should be contract laws that guide the ways contracts are awarded to the private corporations. The government should have the responsibility to oversight
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Introduction to Partnership Accounting Sole Proprietorship – owned by one person assume the profit and expenses Service – oriented business – engages in rendering services Merchandising businesses – buy and sell goods for profit Partnership – composed of two or more persons to contribute to a common fund for a profit that will be divided among themselves Money and property include: cash‚ investment in trading securities‚ trade and other receivables‚ prepaid expenses‚ PPE Industry: service‚ labor
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Risk Profit Contribution Reversibility 4a. Direct Investment: Wholly Owned Subsidiary: Direct investment is when companies invest in foreign markets‚ and in Krispy Kreme’s case we want to penetrate local markets. Under direct investment‚ Krispy Kreme would choose to enter as a wholly owned subsidiary. A wholly owned subsidiary is when the parent company owns the company outright and there is no minority owners (Investopedia). Advantages to wholly-owned subsidiary are the significant amount
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Proprietorship- Sole proprietorships are the most common form of business in today’s world. These are your mom and pop shops built from the ground up and owned by one person. Sole proprietorships are unincorporated so any contract or legal agreement the company agrees to‚ it is actually the owner that is entering into the contract. Being a sole proprietor has obvious advantages in that it is very easy to create a sole proprietorship and and all profits made by the business belong to the business owner
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I needed to invest in a company of my choice. My last employer was a cleaning company and I approached my old employer with a proposition. I and another business partner that I convinced in investing with me would organize a joint-stock company. This was to be a private partnership‚ as well as a limited partnership. So I approached him with this idea and he agreed. So after several negotiations the other investor and I devoted the majority of shares to this company. We received a registrar
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What are the 3 forms of business organization‚ and what are the advantages and disadvantages of each form? For a corporation‚ what is the overall goal of the financial manager? Do you agree with this goal? Why or why not? A business organization is defined as an entity created for the purpose of conducting an industrial or commercial enterprise (“Business organization‚” n.d.). The following are the most popular forms of a business organization: Sole Proprietorship (Brooks‚ 2013) Partnership
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