Explain the term Company
Explain the term Company in reference to Accounting?
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Company: Company is as well organization of big number of shareholders whose purpose is to earn the maximum return on their investment and to maximize the worth of their shares. Such persons do not participate in the trade of business. All work is completed by management and other professional employees. Subsequent to checking the performance of company accounts that has been made on basis of all-purpose accepted accounting principles, board of directors issue dividend. The market value of share is decided by demand and supply of shares and stocks in the capital market.
Explain criteria for the ‘good’ international monetary system.
What is the Definition of Ledger in terms of Accountancy?
Otobai Motor Company is currently paying a dividend of $1.40 per year. The dividends are expected to grow at a rate of 18% for the next three years and then a constant rate of 5% thereafter forever. What is the value of its current stock price? Assuming that the discount rate is 10%.
Explain why depreciation is not charged on land?
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A bank quotes an interest rate of 13.5% per annum with quarterly compounding. What is the equivalent rate with (a) continuous compounding and (b) annual compounding?
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State three basic documents which are essential in order to conduct the typical foreign commerce trade? Discuss briefly the purpose of each.
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