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Q. Define about SME FINANCE?
SMEs contribute in a significant way to many economies in the world. Moreover generating income, in often large proportions in relation to GNP across the world, they are frequently major employers and the sector which is most identified with new ideas and entrepreneurial spirit. It is these latter factors that assist sustain and support growth rates in many economies.
Regardless of this background of potential there is often associated with SMEs difficulties in accessing appropriate sources of finance. There are three major issues involved uncertainty concerning the business, lack of assets available to offer as collateral or security, and the sources of finance for business start-ups or very new businesses.
Preferential debts These are almost the same as in bankruptcy; with the addition that any person who has advanced money for the payment of wages has the same priority as the pe
Q. Which of the following is not true of a corporation? a. It may buy, own, and sell property. b. It may sue and be sued. c. The acts of its owners bind the corporation. d. It may
Long-term Debt 10% notes payable $1,000,000 7% convertible bonds payable 5,000,000 Discount
Q. What do you understand by Exempt Organization? Exempt Organization - Organization that is normally exempt from paying federal income tax. Exempt organizations comprise relig
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Q. Explain about Spring and Forward loading? Spring loading - Timing of option grants to occur before good news or after bad news is released Concerns about insider trading
Prepare a year trading cash budget: Gary Hart needs to calculate how much working capital he will need in his first year as a restaurateur. An accountant friend recommends he
Tampa Foundry began operations during the present year, manufacturing several products for industrial use. One such product is light-gauge aluminum, which the company sells for $36
If fixed costs are $259,238, the unit selling price is $112, and the unit variable costs are $63, what is the break-even sales (units)?
The company selected a suitable site and commissioned a survey and valuation report, for which the fee was £1,500. On the basis of the report the site was acquired for £90,000. Sol
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