... meeting:■ To appoint Kadir Salleh of 4 Kensington Palace Gardens, London, W2 4AJ (date of birth 4th of April 1969) to the board of directors■ To change the name of the company from Maplink Limited to ... of £1 each.WE the subscribers to this Memorandum of Association wish to form into a Companypursuant to this Memorandum and we agree to take the number of shares shown op-posite our respective ... the Sales Director hereby agrees not to disclose to any other party during the course of his employment or thereafter any confiden-tial information relating to the Company nor to use any such...
... goes on ‘customers 60 days’ according to the terms of the contract, as shown in Figure 2.15.26 HowtoUnderstand Business Financecash to pay for the equipment and install it in our factory (see ... to understand that the top half is what we have, and the bottom half is where it came from. These two halves have to be equal – they have to balance. So let’s call it a balance sheet.28 How ... outstanding costs34 HowtoUnderstand Business FinanceWe start by adding up the assets of the business. There is £3,000 cash, £30,000 owed to us by customers, and no stock. This gives us total current...
... they have to do is have the stock manufactured to the 62 HowtoUnderstand Business Financebusiness it may be possible to go back to the owners and ask for more money (ie appeal to relatives). ... requirement will fi t into:a) Working Capital; that is to fi nance stock/raw material purchases or to provide the fi nance to allow customers to take extended credit ie to fi nance debtors.b) Capital ... reasonably expect to be repaid. You need to be able to show your ability to repay, whether it is a short-term overdraft or a longer term loan.74 HowtoUnderstand Business FinanceReturn on Net...
... THIS PAGE IS INTENTIONALLY LEFT BLANK98 HowtoUnderstand Business FinanceSales multiplierThe sales multiplier uses a multiple of sales to assign a value to that company. This could be less than ... the profi t multiplier, the multiplier used tends to be greater than 1 and will be based on how many years’ future profi t are to be factored into the value of a business as well as expectations ... educated guesses, but this analysis is likely to pinpoint the best opportunity for creating value, if the forecasts turn into reality.110 HowtoUnderstand Business FinanceLand and buildings...
... be invested into, making a return for you.So, if we had £100 to invest today at a return of 30 per cent, Table 12.1 shows how we might expect it to grow in value if we continued to reinvest ... elements – stocks, debtors and creditors – and these will be considered in turn. Clearly, a service-based organisation has minimal stocks, and so the focus must be on debtors and creditors.Stock ... button the machine tells you how much you owe, or how much to claim.We said above that we charge customers VAT on most sales and we pay suppliers VAT on most purchases. There are exceptions to...
... material stock and work in progress, as all their stock is now in fi nished goods.Debtors‘Debtors’ refers to the amount of money owed to us by our customers. This is directly related tohow long ... implicationsStock (inventories) Decrease in stocks releases cashIncrease in stocks consumes cashDebtors (receivables)– money owed by customersDecrease in total value of debtors releases ... cashIncrease in total value of debtors consumes cashCreditors (payables)– credit from suppliersIncrease in total value of creditors releases cashDecrease in total value of creditors reduces...
... 152 HowtoUnderstand Business FinanceIt is only worth borrowing to expand a business if the internal return on investment (ORA or RONA) is expected to be signifi cantly higher ... inventory. See also FIFO.158 HowtoUnderstand Business Financepayables’ days (US) See creditors’ days (UK).payback period The time needed for cash infl ows for a project to exceed the cash outfl ... liabilities.net assets Total assets less all non-interest-bearing debts. The total investment in the business fi nanced by shareholders’ equity and interest-bearing debt.164 HowtoUnderstand Business...
... called profi t, shown in Table 2.4. How much is it? Well, it must be £10,000 to balance the books!This is an unusual way to demonstrate profi t but we’ve done it this way to show that profi t ... Business Cycle To ‘create value’ we need to sell something for more than it costs to supply. Let’s say we fi nd a customer who wants us to install fi ve alarm systems and they are prepared to pay £20,000. ... goes up to £33,000, as shown in Figure 2.6, money owed by customers goes to zero and this still adds up to £40,000.Of this, £30,000 came from owners’ funds and £10,000 from profi t, shown in...
... losses) to date (goes to balance sheet)1426 HowtoUnderstand Business Financecash to pay for the equipment and install it in our factory (see earlier, Figure 2.3). Now we need to recruit ... 34 HowtoUnderstand Business FinanceWe start by adding up the assets of the business. There is £3,000 cash, £30,000 owed to us by customers, and no stock. This gives us total current ... losses) to date (goes to balance sheet)836 HowtoUnderstand Business FinanceFigure 2.13 Money owed to suppliersWhen is a purchase a purchase?Not surprisingly, given the answer to the question...
... natural production of regulatory hormones like melatonin. And most amazingly, an experiment by Rauscher showed that listening to the first ten minutes of the Mozart Concerto for Two Pianos in D ... if you want it to be neat.4. What is the number of the bottom line?5. What is the number of the top line?6. What is the number of the bottom space?7. What is the number of the top space?4. ... want to be. Try to discover which size staff works best for you. 3. Photocopy the staff paper in the back of this book (make at least 20 double-sided copies), and use the magnification button...
... if Hitchcock was around today to witnessthe astounding techniques used by current filmmakers, he could learn something new, like, forexample, howto make someone appear to be falling down some ... agreat debate for the public to argue about of whether the skeleton visage was significant to the filmor not. This way would enable more people to go to see the movie to discover the truth, and ... atmospheres,non-diatonic or non-directional resonances and shots using darkening shadows to conceal oremphasise facial emotions, clever props to cunningly develop the storyline and subliminalmessages.Personally,...
... prepared to find the most appropriatebackground resource to start your research. The nextchapter shows you howto find a good source of back-ground information. First, however, we introduce you to legal ... scurry”approach to legal research on any visit to the library.4. Find Special Tools and Resources Unique to Your StateThis book focuses on the legal research resource tools thatare common to the 50 ... Shepard’s to Update Your CasesOnce you have found cases that pertain to your issue, youneed to find out whether the principles stated in thesecases are still valid law. To do this, you need to understand the...
... agreement with the store specifies the price the store will pay for each toy, when Peter is to deliver the toys, and what materials he is to use. The contract says nothing about the store buying a ... easier tounderstandhow legal research is best approached if we take an analogy from another field.Seeking and finding legal information is a lot like learning howto cook a gourmet dish. To cook ... statu-tory material first and the cases second. We show you how to research statutes in Chapter 6.However, some important areas of the law are developed primarily in the courts—the law of torts...
... know where to look—and Legal Research is the place to begin.” Library JournaLLegal Research15th EditionAttorney Stephen Elias & the Editors of Nolo How to Find & Understand the ... law, so you understand what you’re looking at•where to find legal resources, so you’ll know where to go• how to frame your legal issue, so you approach your research •efficiently how to find and ... the law, which can vary from place to place. is can be helpful when you’re trying to learn the basics of how the law works, or when you need to compare how different jurisdictions handle the...