l distance to bank branches it offers more time for customers' productive activities. BANK LENDING Lending money is one of the primary functions of the bank. Lending of funds to individuals, traders, businessmen and industrial enterprises, is one of the important activities of commercial banks. Interest earns on these loans and advances are the major source of income of the banks. Interest given on deposits is lower than the interest received on such loans and advances. Amount deposited by the customers
Words: 6615 - Pages: 27
Development (GED) is acceptable as well; however, the SAT or ACT is required for college admission. Second, the person must earn a bachelor’s degree. Most states require at least a bachelor’s degree; some may require a master’s degree in accounting or finance (How to become a CPA). Earning 150 semester hours of instruction is required by state, which is 30 hours beyond the typical four-year bachelor’s degree. In
Words: 2919 - Pages: 12
precedents set by professions such as medicine, architecture and engineering, all of which have also been practised for thousands of years and have built up a wealth of descriptive information concerning the art which has both chronicled and advanced its evolution. At some juncture, however, continued progress demands a transition from description to analysis, such as that initiated by Harvey’s discovery of the circulation of the blood. If marketing is to develop it, too, must make the transition
Words: 10704 - Pages: 43
Principles of Managerial Finance Solution Lawrence J. Gitman CHAPTER 15 Curent Liabilities Management Instructor’s RESOURCES Overview This chapter introduces the fundamentals and describes the interrelationship of net working capital, profitability, and risk in managing the firm's current liability accounts. The management of current liabilities requires choosing appropriate levels of financing and involves trade-offs between risk and profitability. This chapter also reviews sources of secured
Words: 5045 - Pages: 21
Business Service Management Student Projects Business Service Management (BSM) Motivation/Background: In an environment where the number of services is substantial and the differences between business and IT services blur, Business Service Management becomes crucial: the explicit management of these services as important business assets that are the focal points for the cost-effective creation of customer value and innovation in organizations (see for more information: http://eprints.qut.edu
Words: 1805 - Pages: 8
entities helps satisfy the needs of all these interested parties. The diversity of interested parties leads to a logical division in the discipline of accounting: financial accounting and managerial accounting. Financial accounting is concerned with external reporting to parties outside the firm. In contrast, managerial accounting is primarily concerned with providing information for internal management. One may have trouble seeing the distinction; after all, aren’t financial facts being reported? The
Words: 4071 - Pages: 17
The International Journal of Human Resource Management, Vol. 20, No. 7, July 2009, 1503–1520 Workforce motivation in Japan: an examination of gender differences and management perceptions Reginald Worthleya*, Brent MacNabb, Richard Brislina, Kiyohiko Itoa and Elizabeth L. Rosec a University of Hawaii at Manoa, Honolulu, Hawaii, USA; bThe University of Sydney, Sydney, Australia; cHelsinki School of Economics, Helsinki, Finland As Japan enters the new century, pending workforce shortages
Words: 9991 - Pages: 40
EFB 360 Finance Capstone Case Study 2 Distribution to shareholder: Dividends and Repurchase The case of Gainesboro Machine Tool Corporation Abstract 1 Introduction 1 Dividend Irrelevance Proposition 1 Financial Flexibility 2 Agency Theory 2 Signalling Theory 3 Clientele Effects 4 The Optimal Payout Ratio 5 Share Repurchase 7 Conclusion 8 References 10 Appendices 13 Appendix 1: Detailed Calculation of Unused Debt Capacity (0%, 20%, 40% and residual payout) 13 Appendix
Words: 2910 - Pages: 12
1. Introduction Accounting practices have been argued to reflect information quality of the firm in the market. Recently, there has been renewed interest in the relation between information asymmetry and conservative financial reporting practices. Many theorists have critiqued this aspect of information asymmetry, which has garnered significant interest in the accounting arena in the world today. This paper is set out to analyze the literature on conservative financial reporting, dissecting Akerlof’s
Words: 3303 - Pages: 14
Cover sheet Lessons Learned Report London Ambulance Service CONTENTS 1. Overview .........................................................................................................4 2. Management and Quality Processes ...............................................................5 3. Abnormal Events Causing Deviation............................................................. 7 4. Assessment of Specialist Methods and Tools........................................
Words: 2620 - Pages: 11
