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STEPS IN BUDGETARY CONTROL
1. Quantification of plans in relation to sales, production, distribution and finance in terms of objectives and goals set by the management. That is, Prepare budgets for each section of organization.
2. Record real performance.
3. Compare actual & budgeted performances.
4. Remedial action to be taken if there is any dissimilarity.
5. Re-check budgets if necessary.
Mr. James K. Silber, an avid international investor, just sold a share of a French company, for FF50. The share was bought for FF42 a year ago. The exchange rate is FF5.80 each U.S
There are some misconceptions about securitization: Poor quality originators end up in securitizing their assets. A bank's best mortgage
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Calculate NPV-IRR - MIRR - payback and discounted payback: 1- Define and explain as well as you can of the following: a- Goals and objectives of the Corporate Fir
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The financial institutions that originate the loans sell a pool of cashflow-producing assets to a specially created third party that is called a
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calculate the operating cycle of company which gives the following details relating to its operations. Particular raw material consumption per annum 842000. Annual cost of producti
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