BARRIERS CONFRONTING THE DEVELOPMENT OF SMALL AND MEDIUM INDUSTRIES IN NIGERIA BY YEOSUF .A. ABDULRASAQ BEING A SEMINAL PAPER PRESENTED AT 3RD ANNUAL NATIONAL BUSINESS CONFERENCE OF SCHOOL OF BUSINESS STUDIES, FEDERAL POLYTECHNIC, NASARAWA. NASARAWA STATE BETWEEN 21ST AND 23RD APRIL, 2010. ABSTRACT This paper identified the barriers confronting the growth and development of SMIs in Nigeria. An analysis of 150 SMIs, using chi-square technique and percentages,
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Equity Capital: This refers to money put up and owned by the shareholders (owners). Typically, equity capital consists of two types: 1.) contributed capital, which is the money that was originally invested in the business in exchange for shares of stock or ownership and 2.) retained earnings, which represents profits from past years that have been kept by the company and used to strengthen the balance sheet or fund growth, acquisitions, or expansion. Many consider equity capital to be the most expensive
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Business and Cultural Studies Human resource accounting and international developments: implications for measurement of human capital Maria L. Bullen Clayton State University Kel-Ann Eyler Wesleyan College Abstract Human Resource Accounting (HRA) involves accounting for expenditures related to human resources as assets as opposed to traditional accounting which treats these costs as expenses that reduce profit. Interest and contributions to growth in HRA have been evident in a number of countries. The
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Undifferentiated Products • Cournot model w/ fixed costs and free entry • Entry implies zero profits • P = AC • # of firms determined by how many required to drive price down for AC • As fixed cost declines more firms enter and price approaches MC • Graphical Example, cost functions o Welfare: to get efficient outcome, need to subsidize one firm and force to charge MC o Tradeoff: more firms drive price down, but increases expenditure on fixed costs o Best thing you can do without subsidizing firms
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Project Economics and Management Paper Code: 3.1 Unit-1 Concepts of projects; project identification; formulation, analysis, risk, planning, design, report and appraisal; location of an enterprise; factory design and layout. Unit-II Understanding financial analysis; ratio analysis; fund flow analysis; breakeven analysis; social cost-benefit analysis; budgeting and planning process. Unit-III Sources of development finance; institutional finance to entrepreneurs; working capital management; incentives and
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Abstract The purpose of this paper is talk about a company that is based in the U.S. but conducts business in other countries. It will contain information about the company’s activities in the countries. There will be information about the economics concepts and how the concepts can solve the problems and opportunities. The paper will identify the economic and political policies that affect the company. There will be information on how technology is used. Lastly, there will be a discussion on globalization
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Accounting Horizons Vol. 27, No. 2 2013 pp. 301–318 American Accounting Association DOI: 10.2308/acch-50434 Capital Structure, Earnings Management, and Sarbanes-Oxley: Evidence from Canadian and U.S. Firms Kelly E. Carter SYNOPSIS: I examine Sarbanes-Oxley’s (SOX) effect on capital structure. I find that SOX is associated with higher long-term debt ratios, as firms listed in the U.S. raise their long-term debt ratios by 2 to 3 percentage points. This finding is consistent with the
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This paper will look at the different alternatives that are available to the management of Guillermo's Furniture Store. The paper will include three different alternatives that Guillermo's could use, and what the optimal Weighted Average Cost of Capital (WACC) of each option will be presented along with techniques for reducing risks. There are many forms of capital budgeting models that can be used. Payback made simple, NPV, IRR, and Payback discounted. The payback period: The simple payback
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DEVELOPMENT OF CONCEPTS OF CAPITAL AND INCOME IN FINANCIAL REPORTING IN THE NINETEENTH CENTURY Calculation, Context and Consequence THOMAS REGINALD (Tom) ROWLES B.Ec (Hons), Dip.Ed (Monash) A THESIS SUBMITED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY IN THE SCHOOL OF ACCOUNTING AND LAW OF RMIT UNIVERSITY, MELBOURNE, VICTORIA, AUSTRALIA ii DECLARATION I certify that: Except where due acknowledgement has been made, this thesis is mine alone; and The work has not been submitted
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Oregon Public Utility Commissioner. * In a recent issue of Financial Management, Professors Eugene Brigham and Roy Crum called for caution when using the Capital Asset Pricing Model (CAPM) to estimate the cost of equity capital of a regulated utility [2]. While it is hard tp question the wisdom of caution in using any method of cost of capital estimation, it is unfair to single out the CAPM method as a biased mechanism for estimating a utility's fair rate of return. This note shows
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