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What is an agent? What are the responsibilities of an agent?
An agent is a person who has the actual or implied authority to act on behalf of another. The owners whom the agents stand for, are the principals. Agents have an ethical and legal responsibility to make decisions that further the interests of the principals.
discuss the applicability of an operation cycle in a vegetation business
Explain the term- Trade receivable days (turnover) [Yearend trade receivables/Credit sales (or turnover)] x 365days It is the average length of time taken by customers t
Shareholders Shareholders are usually assumed to be interested in wealth maximisation. This though involves consideration of potential return and risk. Where a company is liste
A factoring company has offered a one-year agreement with Glub Ltd to both manage its debtors and advanced 80 per cent of the value of all its invoices immediately a sale is invoi
A legal claim on exact assets which were used to make loan secure.
What kinds of U.S. companies would benefit most from a stronger dollar in the foreign exchange market? Explain. U.S. companies which import goods from other countries would bene
Assignment Instructions You are to survey the annual reports of five listed companies in the extractive industry sector from ASX or other sources for the most recent year possib
Cash Forecasting and Budget: It is used to get an idea of what a cash forecasted budget any might expect to earn in a fiscal year. You take last year's expenses, increased by
Determine the amounts to be recognised in profit or loss and in other comprehensive income in respect of the property for the year ended 31 December 2010. Evaluate the compliance
Identify whether the following items belong on the income statement or the balance sheet. a. Interest Expense IS l. Cash BS b. Prefer
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