I. 1. Alpha Corporation’s major sources of cash from 1989- 1991 were proceeds from cash from operations, disposal of obsolete assets, proceeds from disposing of discontinued operations, sale of common stock and proceeds from raising long term debt. Its major uses of cash were purchases of fixed assets, capitalized software and treasury stock, re-payment of long term debt and payment of dividend. Major sources of cash for Beta Corporation were cash received from customers and proceeds from issue of common stock. The major uses were purchase of marketable securities and other capital expenditures, re-payment of subordinated debt and ...
Essays on Capital Accounts
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International Financial Management Assessment
International Financial Management Assessment
International Monetary Fund (IMF) is an international financial organization that works closely with member countries to foster global monetary cooperation, facilitate international trade, secure financial stability, reduce poverty and promote high employment and stable economic growths. Together with the World Bank, IMF was formed in 1944 during the Bretton Woods Conference, though it formally came into existence in 1945. The organization is headquartered in Washington DC. Member countries contribute funds to the IMF’s financial pool, and any country that experiences difficulties in its balance of payment can borrow the money (Conway 2006). Macroeconomic stabilization ...
Introduction
Governments and nonprofit organizations just like the commercial entities must prepare financial statements, but unlike the commercial entities whose accounting is for measuring profitability, the governments’ and nonprofit organizations’ accounting is for accountability (City of Cambridge Participatory Budgeting, 2016). The nonprofit and government agencies apply an accounting system known as fund accounting, where a fund is made up of several accounts each set apart for a particular purpose in agreement with law and regulations. Unlike the commercial entities which only have a single account called the general ledger for determination of profits, nonprofit and government agencies can have several ...
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ORDER AN ESSAYPARTNERSHIP AGREEMENT
This Partnership Agreement is made on 24th December, 2014 between Makle Construction and Capitol Home Improvement, LLC The parties hereby form a partnership under the name of MakCap Company to produce Housing Units. The principal office of the business shall be 2635 Las Lomitas Dr, Pleasanton, CA 4746. - Term
The partnership shall begin on 1st January, 2015 and shall continue until terminated.
- Capital
The capital of the partnership shall be contributed in cash by the partners as follows:
A separate capital account shall be maintained for each partner. Neither partner shall withdraw any part of their capital account. Upon the demand of either partner, the capital accounts of the partners shall be maintained at all times in the proportions in which the ...
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