Accounts payable

6.1. CAIRN-VEDANTA DEAL I n August 2010 Vedanta Resources Plc (“Vedanta”), a company listed on the London Stock Exchange, announced it proposal to purchase 51% controlling stake in Cairn India (“Cairn India”), for a consideration of (reportedly) USD 9.6 billion. Cairn India is a subsidiary of Cairn Energy Plc, a listed entity in the United Kingdom, a leading player in the Indian oil and gas industry. The deal was structured to include a non-compete fee into the price of the shares of the…

1 Task 1 1.1 1.1.1 Introduction to the National Development Bank PLC( NDB) The National Development Bank PLC ( NDB Bank) is a banking as well as financial institution of Sri Lanka, NDB is headquartered in Colombo, Sri Lanka (at No 40, Nawam Mawatha, Colombo 2). NDB begun its operations in1979 as a state-owned development of finance institution. NDB was set up by Sri Lanka Act No 2 of 1979 as “National Development Bank of Sri Lanka” In January 1979 as a wholly state owned institution. In 1993…

1. Introduction 1.1 Background on Financial Ratio Analysis Lenders and investors alike often use financial ratio analysis when determining the performance, solvency, and general business practice of a firm. Ratio analysis can serve as a tool to understand the relationship between quantities, and can be a useful benchmark in the comparison of two or more organizations within a common industry (Faello, 2015). The use of these ratios can determine factors such as asset and debt management, as well…

Benefits and Limitations of Ratio Analysis In order to make economic decisions, business owners and investors need to gather information, summarize the details, and interpret the results of the data. It is the basic flow of the accounting cycle wherein the products are the financial statements, which the management prepares and issue for the use of the public. Furthermore, performance of other financial analysis techniques could help users of the financial report evaluate the overall…

As such, internal control responsibilities were transferred to process owners in charge of accounts payable. The process owners were charged with the responsibility to evaluate the quality of controls within their work areas in an objective manner. The results of said evaluations are to be utilized by management in reporting internal control effectiveness…

BUSINESS MODEL Indigo Business model Indigo is India’s fastest growing domestic airlines. It has the highest load factor of 89.40%. The mission statement of indigo clearly indicates their business model: To be the best airline in India by providing the following values to the customer: • Affordable fares • On-time performance • Hassle-free service The strengths of Indigo include: Business Model, High Brand Awareness, Cost Leadership, innovation, Age of Equipment, etc. Indigo has Low Cost, not…

So they need 4 weeks to complete the order actually. It causes serious customer’s complaints around the world and affect Company’s image. Current Logistics Flow [pic] Main duties for Daily Logistics Operation:- |No. of Inbound Shipment |30-50 TEU | |No. of Outbound Shipment |60-80 TEU | |No. of Internal Delivery |80 Truck | |Customer orders…

profitability. For activity ratio, Toys R US has a lower receivable turnover, inventory turnover and asset turnover compared to its industry. These three ratios indicate that Toy R Us has lower number of times in collecting accounts receivable in cash, selling inventory and payables are paid in a year. Overall, based on the financial analysis, the revenue and earnings per share, growth rates, liquidity ratio, profitability ratio, and activity ratio show that Toys R Us’ financial is in a very…

Women in male-dominated professions unquestionably face a steeper challenge to climbing the corporate ladder. The purpose of conducting this leadership interview was to explore the experiences of women leaders working in male-dominated occupations, as well as to clarify the challenges they face, while identify coping strategies that enable them to continue on their career paths. In today’s society men are favored over women when seeking promotions and when negotiating pay. Decades after World…

Donald Trump is an American businessman and politician elected as a President of the United States. Trump was elected on November 8, 2016, and he has managed to build his fortune and reputation. The most obvious reasons for his election was his tax proposal. He has a tax plan reforms that would significantly reduce marginal tax rates for both individual and business, increase standard deduction to nearly four-time current level, or repeal some tax expenditure, both individual and corporate…