Professional Documents
Culture Documents
ed Manager in 2004 CA-Foundation in 2004 APA Associate Public Accountant in 2003 Working Experience: I have six years industry working experience that includes Banking sector and Capital Market. Teaching Experience: I have been regularly teaching accounting and financial courses for last six years at various business schools and professional institutes.
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Managing risk
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Percentage of Revenue and Net Income from Overseas Operations for 10 Well-Known Corporations, 2001
Company Coca-Cola Exxon Mobil General Electric General Motors IBM JP Morgan Chase & Co. McDonalds Merck % of Revenue from overseas 60.8 69.4 32.6 26.1 57.9 35.5 63.1 18.3 % of Net Income from overseas 35.9 60.2 25.2 60.6 48.4 51.7 61.7 58.1
3M
Sears, Roebuck
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From the desk of Nazim Abdul Muttalib
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Disadvantages
Difficult to raise capital Unlimited liability Limited life
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Corporation
Advantages
Unlimited life Easy transfer of ownership Limited liability Ease of raising capital
Disadvantages
Double taxation Cost of set-up and report filing
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Agency relationships
An agency relationship exists whenever a principal hires an agent to act on their behalf. Within a corporation, agency relationships exist between:
Shareholders and managers Shareholders and creditors
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To estimate an assets value, one estimates the cash flow for each period t (CFt), the life of the asset (n), and the appropriate discount rate (k) Throughout the course, we discuss how to estimate the inputs and how financial management is used to improve them and thus maximize a firms value.
From the desk of Nazim Abdul Muttalib
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