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Explain the term- Authorised and Paid-up Share Capital
Number of shares of stock provided for in Articles of Association of a company is the authorized share capital. This figure is generally indicated in Share Capital section of the Balance Sheet.
Paid-up share capital is the capital which has been issued and subscribed by shareholders. Authorised capital is generally well in excess of the paid-up capital and a company can't legally issue more shares than authorized. Number of authorized shares can be changed only by amendment to Articles of Association for which a special resolution needs to be passed in the Annual General Meeting.
what business organization do you preffer ? service concern,trading concern or manufacturing concern
Reference Index Every FRN chooses its own reference index upon which the calculation of each successive new coupon is based. The most commonly used reference index is LIBOR. It
Essential of sound capital mix
3 approach current asset financing
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