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Question 1
a) What are the main characteristics of an Efficient Tax system?
b) What are the instruments of Public Finance and explain their efficiency.
c) Explain what is meant by merit goods and why Government always promotes such type of goods.
Question 2
a) Distinguish between Direct and Indirect Tax and their effectiveness in maximizing Government Revenue.
b) Explain and Evaluate in which phase of the economic cycle, the Government will be more likely to maximise Public Finance and what policy implication the Government will adopt?
c) Discuss the Impact of an ageing Population on the Government's Budget
Dividend Basis Valuation Ownership of shares in entities - The owner to obtain a cash flow consisting of future dividends and the value of a share must correspond to the recen
Bell is considering two marketing options for the Canadian launch of their internet-based video streaming service in the first quarter of 2012. i. A "soft" launch using prima
Opportunity Cost or Residual Loss It is the cost due to the failure of both parties to act optimally like as in example of A. Lost opportunities because of incapability to
Stone Container is a major producer of cardboard boxes. Stone Container has $10M in outstanding equity. In addition, it has $2M in outstanding debt. The debt is a ten-yearmortgage
Shareholders Expectation and Growth Stage Growth Stage Dividend policy is likely to be influenced with firm's growth stage as like a young rapidly growing firm is probabl
Trial and Error Method a) Select any rate of interest on random and employ it to compute NPV of cash inflows. b) If rate selected produces NPV lower than the cost, want a l
Objectives of Business Entity The Main objectives of a business entity are clarified in detail below. Any business firm would have specific objectives that it aims at achievin
Why is cost classification important
wage computation
Question 1: i) Discuss the main risks facing a retail bank in its traditional business of deposit taking and lending? ii) How can a bank manage the risks related to credit
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