Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
CAC Co Ltd is engaged in the import and distribution of air conditioners from China. The business has been in existence since year 2000 and the exporter has been trading 50% on documentary collection and 50% on confirmed letters of credit. Following the financial crisis affecting businesses in China, the exporter has asked CAC Co Ltd to trade 100% on confirmed letters of credit. CAC CO Ltd requests for a meeting with you to discuss a few issues before negotiating with the exporter.
The following questions are set to you and you are required to answer them from CAC Co Ltd bank's perspective.
1 (a) You have been requested to discuss on the impact that the change in trading with the exporter will have on CAC Co Ltd finance and banking facilities.
(b) CAC Co Ltd has asked you to give some economic reasons that could have forced the exporter to request the change in the trading agreements.
2 (a) Show the different functions of a bill of lading.
(b) Provided that the stipulated documents are presented to the Confirming Bank or any other nominated bank and that they constitute a complying presentation, the Confirming Bank has got four main responsibilities. Based on Article 8 of UCP 600, you have been requested to briefly discuss on each responsibility.
Risk means balancing between profitability and long-term growth. If a company looks at short-term goals, it may go in for profit maximization but it will find it difficult to susta
Syfy is considering investing in a project with the following details. The initial cost of investing in equipment is estimated to be Rs1,200,000. However, the project is deemed to
I need to know about corporate financial analysis
How is data from the financial sites used to calculate dividends.
short term financial planning case study
Ask questThe credit term "2/45 net 90" indicatesion #Minimum 100 words accepted#
The chocolate icecream company and vanila icecream company has mergeged to form fudge cnsolidated. Both the companies are exactly alike and situated in two different towns. The end
Baobab rolling mills owns a lathe machine which was purchased 10years ago at sh. 75 million. The machine had an expected life of 15 yrs at the time it was purchased, and management
I have been given 3 different types of projects. They state the IRR and how much the project will add. The question goes on to give a WACC with break points. The question wants
Define depreciation expense as it appears on the income statement.How does depreciation affect cash flow? Accounting depreciation is the provision of an asset's initial cost ov
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd