Credit Risk Management of Prime Bank Limited University of Liberal Arts Bangladesh Internship Report Credit Risk Management of Prime Bank Limited Submitted to Sumaiya Zaman Senior Lecturer ULAB School of Business Submitted by Sadia Ferdous ID # 092011014 Date of submission 21 August 2013 Acknowledgements I would like to thank my supervisor, Sumaiya Zaman, Senior Lecturer, ULAB, for her guidance and feedback during this internship, without which I would have been unable
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Question 1, so we need to reverse the total estimate of $60 million and record a gain on the contingency of $35 million ($60 million - $25 million) by debiting the liability on contingency, crediting a gain on the contingency, and reclassifying the debt as sales tax payable. A disclosure statement should also be issued. (405-30-25-5, 450-25-25-5, and 450-20-25-2) No journal entry is necessary 3. Clear the adjusted liability from Questions 2 to credit cash for $25 million in accordance with 405-20-40-1
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taxation but is taxed as part of the proprietor’s personal income. However, the disadvantages of a proprietorship are that it may be difficult for a sole owner to generate needed capital for growth; personal liabilities are unlimited for the business debt, which can have implications on the owner’s personal assets such as property; and the life of the company is limited to the life of the founder. A general partnership is the same as a sole proprietorship in that it is a business that conducts non-corporate
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Introduction: In this case study I would like to select a cafe shop as a small business and I would write a report on their location suitability and also why there is an great opportunity to develop their business. For this case study I have chosen my home town Sleaford as the location for the café. As this small town is very confinement as its located on the edge of the fertile Fenlands about 11 miles from Grantham, 16 Miles from Boston and also approximately 17 miles from Lincoln. As an owner
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|SL NO |NAME OF CHAPTER |Page No | |CHAPTER 1— PREFATORY | |1.1 |Introduction |01 | |1.2 |Objectives of the Report
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because of an improper purpose, they have responsibility to the losses. And if they gain profit on account of the power of position, their should not be privatized. For society aspect, in America, bankers are acquisitive. They always criticized the policy of market regulation by government. Bankers said government curbs the financial sector to earn more money. But when the financial crisis struck, they asked the government to
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DEFINITION OF TERMS 'Mortgage' A debt instrument that is secured by the collateral of specified real estate property and that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by individuals and businesses to make large purchases of real estate without paying the entire value of the purchase up front. Mortgages are also known as "liens against property" or "claims on property." 'Loan' The act of giving money, property or other material goods to a
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Studios theme park in China. a. b. c. d. 18-2. Suppose Caterpillar, Inc., has 665 million shares outstanding with a share price of $74.77, and $25 billion in debt. If in three years, Caterpillar has 700 million shares outstanding trading for $83 per share, how much debt will Caterpillar have if it maintains a constant debt-equity ratio? E = 665 million × $74.77 = $49.7 billion, D = $25 billion, D/E = 25/49.722 = 0.503. E = 700 million × $83.00 = $58.1 billion. Constant D/E implies D = 58
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others:- • Purchase of or discount of bills from directors and their concerns. • Issuance of guarantees and opening of L/Cs on behalf of the bank’s directors. Restrictions on Power to Remit Debts A banking company shall not, except with the prior approval of the Reserve Bank, remit in whole or in part any debt due to it by any of its directors or any firm or company in which the directors are having interest or partner or guarantor. (Sec. 20A of BR Act) Restrictions on Holding Shares in Companies
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Ireland Department of Economics Boston College irelandp@bc.edu http://www2.bc.edu/~irelandp/ec261.html Chapter 2: An Overview of the Financial System 1. Function of Financial Markets and Financial Intermediaries 2. Structure of Financial Markets Debt and Equity Markets Primary and Secondary Markets Exchanges and Over-the-Counter Markets Money and Capital Markets 3. Financial Instruments Money Market Instruments Capital Market Instruments 4. Role of Financial Intermediaries Transaction Costs and
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