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Q. What is Lending System?
Under the note lending system, the borrower takes a loan, usually of 90 days Duration, against a promissory note. The loan may be renewed or retired at the end of the period. The interest is payable on the entire loan amount and the borrower cannot secure interest relief by repaying The loan, partially or fully, before the maturity period. In this respect this system differs markedly from the. Overdraft Dr Cash credit arrangement wherein interest is payable only on the amount actually utilized.
Q. Evaluate Net realisable value of assets? Valuation (i) Method 1 - Net assets according to the statement of financial position Value = $295000 Reservation N
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nestle is an orgnization wether bureacratic approach approperiate for the organizational performance or not?
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