Dear High Point Electronics, As sales manager of CyberSound Electronics, I would like to thank you for your recent order of our new 25-channel cordless telephones. Unfortunately, our credit reporting agency feels as though you are not qualified to receive credit from us at this time. Your business is very important to us, and I would like to offer some suggestions as to how to proceed with this order. As an alternative to the large purchase order your company desired, I suggest that you
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M1: Compare the final account of two organisations explaining the similarities and differences Most often, when starting a business people find it difficult to decide whether or not their business is going to operate as a sole trader or a limited company. There are advantages and disadvantages to both, although becoming a sole trader is much easier then limited company. However, a sole trader does not share his/her responsibilities with anyone but they bear it all by themselves. These include;
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to meet obligations when they are due. To measure your liquidity or your company’s success by meeting its short term obligation current assets to current liabilities Current asset include inventory product you sell and accounts receivable are your credit accounts Converting balances to cash Inventory turnover ratios can tell you how fast or slow the inventory is selling. Accounts receivable ratios can tell you if your customers are paying you or not. You need more assets than liabilities on your balance
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Impact of Internal control system over customer service in financial aspects Definition of Internal Control? Internal control or an internal control system is the integration of the activities, plans, attitudes, policies, and efforts of the people of an organization working together to provide reasonable assurance that the organization will achieve its objectives and mission. Four Purposes of Internal Control 1. To promote orderly, economical, efficient and effective operations and
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regard allows you to easily figure out the right lending service that you should opt for. Having the important information regarding your credit rating will save you time in researching things. And it will also be feasible for you to present yourself when there's a need for you to explain things to individuals who need to understand any concerns regarding your credit history. Remember that these are just minor issues and you should not worry too much. Nevertheless, as small as thy may be, it's important
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treatment of financial liabilities also remains a contentious area and was dropped from IFRS 9 very late in the process. “The IASB has grappled with the concept of how an entity’s own credit risk should impact the measurement of liabilities. The idea that an entity should make a gain from a decline in its own credit worthiness has been the source of much debate.” The IASB is concurrently considering other issues in financial instrument accounting, particularly hedging and impairment. Ms Hankey noted:
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Chowdhury Rashdi Al Rashid (ID: 57) How to Write Negative Messages in a Positive Way? PREPARED FOR: Mr. Zahid Hassan Khan Course Faculty C501: Managerial Communication PREPARED BY: Chowdhury Rashdi Al Rashid ID: ZR57 MBA 45 D Section- A INSTITUTE OF BUSINESS ADMINISTRATION UNIVERSITY OF DHAKA 20 June, 2011 Introduction: Communication in today’s business place has become more complex. And negative message make thing even more complex. A negative message is any
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I. Credit card companies should not be on campus marketing to college students College kids and credit cards have been news lately, following a June 1999 report by the Consumer Federation of America (CFA) that blasted card issuers for luring unsuspecting students into debts. Sociologist Robert Manning, the author of the CFA study, was quoted in a Reuter’s story as saying: “The unrestricted marketing of credit cards on college campuses is so aggressive that it now poses a greater threat than alcohol
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or into the heart itself. Despite this good trend of sales volume, the company undergone history of operating losses as a result of various factors. This condition conveyed doubt on its ability to meet obligations hindering it to acquire credit line from banks. AMT had experienced extraordinary growth fuelled by heavy spending on research and development and a rapid expansion of its sales force having sales growth in excess of 30 % per year. Sales volume, which had grown continuously
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by the fluctuations in sales and exchange rates * Depreciation and amortization in this industry relatively low, so EBIT and EBITDA similar * Interest coverage ratio critical variable that determined credit rating (EBITDA/interest payments) * Increasing debt will cause credit rating to fall * 20% reduction in the value of the firm imposed a distress condition on the firm * Integrating them, cost reductions of 130 million annually * Since 1997 lagging stock price performance
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