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On the basis of transferability, debentures can be classified as registered and unregistered debentures. Unregistered debentures (or bearer debentures) are freely negotiable and can be transferred by a simple endorsement. On the other hand, registered debentures can be transferred only by executing a transfer deed and filing a copy of it with the company. The registered debenture holders receive interest cheques automatically from the company whereas interest is paid on bearer debentures only on presentation.
Milan Corporation is interested in buying a machine that will cost $50,000, and it will depreciate it on straight-line basis over a 5-year period. The machine is expected to last f
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What is the importance of leverage in business management of a small scale company
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