1. Why and how are the capital and current account tied together so closely? In the balance of payment, current account and capital account are tied together by an accounting identity. Current account on one side and the capital and financial accounts on the other side should balance each other out due to the double entry of each transaction. [ Current Account + Financial Account + Capital account + Official Reserve Account = 0 ] For example, if a country has a positive capital and financial
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new business requires much preparation and of course money. First phase to start or expand your business - is to identify ways of raising finance, find one that is most compatible with your needs, and then meet the given criteria of the investor or bank. There are different types of financing that will enable an entrepreneur to raise capital for their new business: 1)Personal funding Using personal finances is one of the first sources that an entrepreneur may consider using when they decide to
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boutique or a large corporate business like a popular bank. Having a business structure to your business is what helps determine what type of ownership takes place. There are three main business structures, they are known as; sole proprietorship, partnership, and corporations. These three business structures are important to know when opening a business. This paper will describe the business structures and discussed the advantages and disadvantages that take place in each one. The first business
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Universal Bank and Jollibee Foods Corporation Submitted by: Tobias, Mydee Francheska Lastimoza, Trixia Guevarra, Jamie Carpio, Joana Marie Submitted to: Prof. Rodolfo Acosta Banco de Oro Universal Bank I. PROBLEM IDENTIFICATION How would Banco de Oro Universal Bank (BDO) be able to cope up with the increasing demand and need of its customers? II. AREAS OF CONSIDERATION Banco de Oro Universal Bank (BDO) originally named as Acme Savings Bank was acquired
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1. You decide to invest $15000 into a bank account that that is compounding its interest monthly. Assuming the bank is paying out an interest rate of the current prime rate - 1% (In the event that prime - 1% is less than 1%, use 1%), and the investment is for 5 years. a) How much money (total) do you have after the 5 years pass? 12*5=60 interest periods 2.25% = .1875% 12 15000*1.051249=$15768.74 b) How much do you earn in interest over the 5 years? 15768.74-15000=$768.74 2. You wish
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SCHEMES OF WORK – COMMERCE (GRADE TEN) SCHEMES OF WORK – COMMERCE (GRADE TEN) WEEKLY SCHEDULE(3 periods a week) | TOPICS AND CONTENT | LEARNING OBJECTIVES- Students will be able to: | TEACHINGSTRATEGIES | SUGGESTED ACTIVITIES | RESOURCES | ASSESSMENT | 1. Introduction to Commerce | | | | | | 1 | A) Organizational Structure of Commerce | 1. Define the terms within the organizational structure. 2. Draw up and complete the organizational structure of commerce. | Graphic OrganizerMnemonic
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THE LONDON COLLEGE UCK HND IN BUSINESS HNBS 102 MANAGING FINANCIAL RESOURCES AND DECISION TASK 1) General information about the company: - the full name of the company: the restaurant "Millennium"; - the legal form of the company: general partnership;( being in a partnership the company has more chance to be successful not only cause more capital is injecting to the business but also expertise or specialised skills and knowledge can be
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Building Organizational Capacity through Succession Planning (MHRM - 6645 - 3) Walden University Trenesa Smith MHRM- 6645-3 March 29, 2015 Professor: George Stieber & Wanda Gravett Abstract This paper identifies the advantages and disadvantages of the 360-degree assessments in succession plans. 360 –degree assessments is comprehensive performance evaluation tool that allows multi-raters, peer groups, co-workers, supervisors to provide feedback regarding an employee’s performance. This
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to raise funds for a business project. Most of the resources are either in cash or inconvertible to cash, with the exception of fixed assets such as equipment that can be difficult to convert for usage immediately. Houston Chronicle (2013) The advantage of using personal finance is that the business owner does not need to worry about paying interest rates or meeting deadlines for repayment. Also, as stated above the owner benefits from having autonomy to make decisions on how to run the business
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communication technology serve more advantages than disadvantages. We can find friends through social media or online game sites, we can even find suitable partner through dating sites. The disadvantages are that people can provide false information and exploit the advantages of social media on people public life and cause misunderstanding, loss of properties or sometimes even lives. In private life, the disadvantages are more than the advantages. The advantages are that we can communicate and stay
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