Make Or Buy Decisions

Make Or Buy Decisions

A Company may be producing a product by itself or receive an offer from an outside supplier to supply that product. Similarly, a firm may be buy a product from outside or may make/produced/manufacture that product in the firm itself.

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Preparation Of Liquidator's Final Statement

 

 

 

 

INTRODUCTION 

The liquidator is required to keep proper books to record receipt and payment which is known as liquidator's final statement, in every mode of winding up. The liquidator has to submit a report together with the audited final accounts to the CRO. The liquidator has to submit the statement to the court in the case of compulsory liquidation and to the company in the case of a voluntary liquidation.

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Meaning Of Liquidation, Reasons For Liquidation And Calculation Of Liquidator's Remuneration

LIQUIDATION

Meaning Of Liquidation

A company is an artificial person or body created by law and only the law can dissolve it. The legal procedure by which the corporate life of a company can be brought to an end is known as liquidation. The liquidation of company is defined as " the termination of legal existence of company by closing its business". Liquidation is as well known as "winding-up" a company.

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Meaning, Needs And Methods Of Valuation Of Shares

VALUATION OF SHARES

Concept And Meaning Of Valuation Of Shares

Introduction

Every share has its value printed in its front. Such a value is called as par value or face value of shares. The face value is assigned by the promoters of joint stock company and is given in the memorandum of association.

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Financial Statement Analysis: Its Objectives, Methods, Users and Limitations.

Concept Of Financial Statement Analysis

Financial statement analysis is an analysis which highlights the essential relationship in the financial statements. Normally, financial statement analysis focuses on the evaluation of past performances of the business enterprise in terms of profitability, liquidity, operational efficiency and growth potentiality. Financial statements analysis, however, includes the methods used in assessing as well as interpreting the result of past performance and the current financial position as they relate to certain factors of interest in investment decisions. Thus, financial statement analysis is an essential means of assessing the past performance and also in forecasting, maintaining and planning future performance. 

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National Or Public Debt, Reason Why Government Borrow and The Terms Asscociated With Budget Debt Servicing

Introduction
National or public debt refers to to the debt a country owes to its citizens or other countries or organizations such as the International Monetary Fund (I.M.F) and the World Bank. The debt which a country owes to its citizens is know as internal debt while the debt owed to foreign governments and organizations is known as external debt.

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Balanced and Unbalanced Budget, Ways of financing Budget Deficit

Definition Of Budget
A budget may be defined as a financial statement of the total estimated revenue and the proposed expenditure of a government in a given period of time, usually a year.

Importance or uses of budget
The budget of a country is used to achieve the following objectives:
1. Allocation of resources: Budget is usually use to allocate resources from one sector of the economy to another.

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Terminologies associated with inflation and Inflation in Nigeria

TERMINOLOGIES ASSOCIATED WITH INFLATION

1. Inflationary gap: Inflationary gap refers to an economic situation in which the total demand in the economy exceeds the total supply of goods and services available to satisfy demand. Inflationary gap is calculated as the difference between the total amount of money available for spending and the total money value of goods and services available to meet the demand. The greater the inflationary gap, the greater the rate of inflation in the company and vice versa.

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Basic Economic Problems: What to produce, how to produce, for whom to produce and effiency of Resource Use.

INTRODUCTION

Basic economic problems refer to the problems people encounter in the society while attempting to satisfy their numerous wants with the limited resources available to them. These basic economic problems of society include what to produce, how to produce, for whom to produce and efficiency of the resources used or efficient use of resources.

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History of Accounting

There is no very correct record as to when accounts started. However, but information that is available suggests that record keeping is as old as man. We can link its starting point to the merchants in the Babylonia and Assyrian civilizations, about 4000 years B.C.

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Money and Capital Markets

 The money market is a component of the financial market for assets being used for short-term borrowing of funds by government and corporate entities. This means that the money market is used for buying and selling of financial instruments with original maturities with a period of one year.

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Some Financial Ratios In Accounting You Need To Know

        Financial Ratios 

 Financial Ratios

According to businessdictionary.com, financial ratio is a financial analysis comparison in which certain financial statement items are divided by one another to reveal their logical interrelationships. Some financial ratios are called primary because they indicate the fundamental causes underlying a company`s strengths and weaknesses.

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Mathematics of Finance

Mathematics of Finance

If a firm borrows fund from a financial institution, it receives cash flow and commits an obligation to pay cash for interest and repay principal in the future period.

Time value of money is an individual preference for possession of a given amount of money now rather than the same amount of money at future time..

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