get a handle on the company’s cash is to synchronize cash flows accordingly. Doing so will keep average cash balances low. “You can use the time such as the time from the writing of the check until it clears the bank, accelerate collections with low credit terms and high interest rates on unpaid balances, and control disbursements by making use of discounts and good purchasing practices”(Blondin, N. 2011). The check clearing process can be somewhat time consuming however. In the past checks were to
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application information systems that support every real world business system is the E-payment system. The payment system is a functioning network that links bank accounts and provides the functionality for monetary interchange which governed by laws, rules and regulations.1 Electronic payment systems (EPSs) are also known as e-commerce payment systems, involving an electronic payment transactions for buying and selling goods or services via internet.1 In other words, the payment process in the e-commerce
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THE EQUITY OPTIONS STRATEGY GUIDE JANUARY 2001 Table of Contents Introduction Option Terms and Concepts s s s s s s s s s s s s s s 2 4 4 4 4 4 5 5 5 6 6 6 6 7 7 7 8 8 10 12 14 16 18 20 22 24 26 28 What is an Option? Long Short Open Close Leverage and Risk In-the-money, At-the-money, Out-of-the-money Time Decay Expiration Day Exercise Assignment What’s the Net? Early Exercise/Assignment Volatility Long Call Long Put Married Put Protective Put Covered Call Covered Put Bull Call Spread
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1 BANKING – THEORY – LAW AND PRACTICE Evolution of Banks – Functions of Commercial Banks – Balance Sheet of Commercial Banks – Credit Creation, Organization and structure of Banks – Unit Banking and Mixed Banking – Public Sector and Private Sector Banks – Nationalization of Commercial Banks – Objects – Progress. Central Bank – Evolution – Functions – Credit Control Measures Money market – Indian money market – Components – Characteristics of developed and under developed money market. Banker
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customer segment. From Student Banking to Priority Banking to Platinum card NBL has almost all banking products in its repertoire. The product basket is rich in content featuring different types of Savings & Current Accounts, Personal Loans, Debit Cards, Credit Cards, Pre-paid Cards, Corporate Banking, SME Banking, Investment Banking, Treasury & Syndication services. The customers are served through a network of 144 Branches, Several ATMs. NBL has its presence in almost all cities/towns in the country
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HISTORY OF BANKING IN PAKISTAN Pakistan came into being on 14th August, 1947; sufficient banking services were available in the areas forming Pakistan. Out of the total branches of the nearly 3,500 in the undivided India, as many as about 1,500 branches were existing in these areas. It was agreed between the two countries that reserve bank of India shall continue to function in the Pakistan territory until 30th September 1948 and that Indian notes would continue to be legal tender at Pakistan
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ACCA Paper F3 (INT) Financial accounting The Essential Text British library cataloguinginpublication data A catalogue record for this book is available from the British Library. Published by: Kaplan Publishing UK Unit 2 The Business Centre Molly Millars Lane Wokingham Berkshire RG41 2QZ ISBN 978 1 84710 537 0 © Kaplan Financial Limited, 2008 Printed and bound in Great Britain Acknowledgements We are grateful to the Association of Chartered Certified Accountants and the Chartered Institute of
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A Secret Garden The business I have created is called “A Secret Garden”. This is a business that my mom and I had for several years that did really well. Unfortunately, we had to close shop due to family issues, and not enough help with the business. Sad to say, people were really upset, but family had to come first at the time. Now those times have passed, and we are ready to reopen the business, and let investors know that this is a sound business plan, especially on the accounting side
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occurring. [FASB Statement No. 52, paragraph 45] 3 A highly inflationary economy under Statement 52 is one that has cumulative inflation of approximately 100 percent or more over a three-year period. Judgment must be exercised in applying this rule to avoid changing functional currencies frequently due to minor differences in the inflation rate. 4 In accounting for a 60 percent owned foreign investee that operates in a highly inflationary economy, the financial statements of the foreign entity
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Introduction to the Theory of Accounting and Control ••••••••••••••••••••••••••••••••••••••••••••• Three ideas are central to understanding accounting and control in organizations. First, all organizations are sets of contracts among individuals or groups of indi viduals. Second, provision of shared information among the contracting parties helps design and implement these contracts. Finally, control in organizations is a sustainable balance or equilibrium among the interests of its participants
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