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What are the main classes of institutions that issue bonds in the USA?
There are three major classes of institutions which issue bonds in the USA: national governments, local governments and corporations.
Most US instruments and intermediaries have parallels in other industrial countries.
• Government notes and bonds
• Municipal bonds
• Corporate bonds
What are the importance of leverage on a small scale firm?
Explain the distinction in the translation process among the monetary/nonmonetary method and the temporal method. Answer: Within the monetary or nonmonetary method, every mone
Ledgers: Ledgers record all the entries into the Cash Books. They use the concept of 'double entry' bookkeeping where every ledger entry must be accompanied by another ledger e
1. Which of the following statements concerning the cash flow production cycle is true? a) The profits reported in a given time period equal the cash flows generated. b) A company’
Explain the major types of audit plans Three major types of audit plans Strategic -this the long term forward looking audit, it continually gets updated and identifies are
Several overseas factors are subsidiaries of UK banks or their agents who offer facilities to companies with export credit sales usually of above £0.25m. Overseas factors carry out
Unity of Command Unity of command is the principle in which each subordinate should be responsible to only one manager.
What are the objectives of working capital management? Briefly explain the various elements of operating cycle.
• Prepare a Trend Analysis for the Balance Sheet, Income Statement and Cash Flow Statement • This should include about 12 accounts in the Balance Sheet and about 10 Income Statemen
A/A2 is generally the second- or third-highest rating that a rating agency gives to a security or carrier. This rating indicates that there is a comparatively low risk of default a
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