Ramsay and Janet are two directors and each 50% of shareholders

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Q.2
Ramsay and Janet are two directors and each 50% of shareholders of a company, the company was to be called Master plate Pty Ltd; on 22 February, Janet entered into a contract with Irish Linen Ltd to purchase 18 monogrammed tablecloths. He executed the contract in the name of Master Plate Pty Ltd.
On 24 February, the proposed company was registered. The company did not adopt a constitution. Due to dispute between Ramsay and Janet regarding the contract with Irish Linen Ltd, that contract was not ratified until 30 March.
On 1 April, Janet orders restaurant-quality cutlery from Carvers Pty Ltd. Janet affixes the company seal to the contract and signs it.
On 1 May, the tablecloths supplied by Irish Linen Ltd have been delivered to Master Plate but not paid for.
Required:
Advise Janet whether the company is liable to pay external suppliers. What the assumptions are Carvers Pty Ltd entitled to make?
Also advise Janet of the consequences for the company in not carrying on activities within its objectives.
Note: Need to answer the above questions according to Issue, Law, Analysis and Conclusion. Relevant sections for above questions are S128, S129, S180, S183 and so on.
Question 1:
Bill and Simon were the executive directors of an unlisted public company called First Class Racing
Ltd. Philip, Helen and Robin were the non‐executive directors of the company. Philip was also the
chairman. You are the chief financial officer. The company is involved in the development of an on ‐
line betting system which they hoped to sell globally.
The company had initial funds from investors of $12m and 100 shareholders.
The funds were raised specifically to develop the on line betting system.
In May 2014 when Philip and Helen were away on holidays, Bill, Simon and Robin called a board
meeting and passed the following resolutions. The quorum required for board meetings was 2
directors. The resolutions passed were:
1. To buy a race horse for up to $5m
2. To award the development of the software contract to a company called ITZW Pty Ltd at a cost of
$502,078
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Ramsay and Janet are two directors and shareholders

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Ramsay and Janet are two directors and shareholders of a company that runs a shop specializing in military memorabilia. Nicholas is the shop manager.
The company has a constitution and it states that the company can only run a business involving military memorabilia.
Mace decides to expand the business into selling computers.
To do so he goes to the NAB Bank and gets a loan of $85,000 on behalf of the company. The constitution states that any loans over $50,000 must be approved by all shareholders. The purpose of the loan is to purchase computers to sell.
Janet is away on holidays so approval of both shareholders was not obtained.
The Bank had always been the banker for the company and had always dealt with Ramsay. The bank manager was aware of the business of the company and had always encouraged Ramsay to expand the business.
Ramsay wanted Nicholas to be the computer technician and sales man. He asked Nicholas to look at courses relating to computer training. Nicholas did so and registered in a course costing $22,000.
Nicholas also ordered computer parts in worth $13,000 from Tech Supplies Pty Ltd.
Janet comes back from holidays and finds out about these activities.
Required:
Advise Janet whether the company is liable to pay the loan to the Bank, the course fee and the computer supplies.
Also advise Janet of the consequences for the company in not carrying on activities within its objectives.

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Q.2Ramsay and Janet are two directors and each 50% of shareholders of a company, the company was to be called Master plate Pty Ltd; on 22 February, Janet entered into a contract with Irish Linen Ltd to…Assignment need to be fixedTable of Contents 1Table of Contents 2Candidate Details 3Assessment – BSBRSK501: Manage risk 3Demonstration 4Summative Assessments 5Section A: Skills Activity 6Summative Assessments: Section A checklist…Table of Contents 1Table of Contents 2Candidate Details 3Assessment – BSBPMG522: Undertake project work 3Demonstration 4Summative Assessments 5Section A: Skills Activity 6Summative Assessments: Section…BSBMGT517Manage Operational PlanAssessment Table of Contents 1Table of Contents 2Candidate Details 3Assessment – BSBMGT517: Manage Operational Plan. 3Demonstration 4Summative Assessments 5Section A: Skills…Table of ContentsTable of Contents 1Instructions to Learner 2Assessment instructions 2Assessment requirements 5Candidate Details 6Assessment – BSBFIM501: Manage budgets and financial plans 6Observation/Demonstration…HOLMES INSTITUTEFACULTY OFHIGHER EDUCATIONHOLMES INSTITUTEFACULTY OF HIGHER EDUCATIONUNIT OUTLINEHC3131 Integrated Business Management Project2018Holmes Institute is committed to providing the highest…Show All Questions

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Q.2Ramsay and Janet are two directors and each 50% of shareholders of a company, the company was to be called Master plate Pty Ltd; on 22 February, Janet entered into a contract with Irish Linen Ltd to purchase 18 monogrammed tablecloths. He executed the contract in the name of Master Plate Pty Ltd.On 24 February, the proposed company was registered. The company did not adopt a constitution. Due to dispute between Ramsay and Janet regarding the contract with Irish Linen Ltd, that contract was not ratified until 30 March.On 1 April, Janet orders restaurant-quality cutlery from Carvers Pty Ltd. Janet affixes the company seal to the contract and signs it.On 1 May, the tablecloths supplied by Irish Linen Ltd have been delivered to Master Plate but not paid for.Required:Advise Janet whether the company is liable to pay external suppliers. What the assumptions are Carvers Pty Ltd entitled to make?Also advise Janet of the consequences for the company in not carrying on activities within its objectives.Note: Need to answer the above questions according to Issue, Law, Analysis and Conclusion. Relevant sections for above questions are S128, S129, S180, S183 and so on.

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#065

You have been hired as a consultant by its shareholders to advise them on the firm’s strengths,…

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Select a UK listed company. You have been hired as a consultant by its shareholders to advise them on the firm’s strengths, shortcomings and opportunitie…
Topic: You have been hired as a consultant by its shareholders to advise them on the firm’s strengths, shortcomings and opportunities for growth over the short and long-term.

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Develop a position paper that considers the duties of companies to: • shareholders • employees • the…

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Develop a position paper that considers the duties of companies to: • shareholders • employees • the environment • the communities in which companies operate
Topic: Shareholder theory and stakeholder theory present very distinct ideas about the social role of companies. On the one hand, Milton Friedman writes, …there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud. (183)
According to a competing view, companies should have a broader notion of their responsibilities to include consideration of the triple bottom line (people, planet, and prosperity).
Prompt: Develop a position paper that considers the duties of companies to: • shareholders • employees • the environment • the communities in which companies operate
Guidelines: Clear thesis, 5 pages 12 point font, double-spaced complete bibliography and in-text citations, Chicago style
Topic: Develop a position paper that considers the duties of companies to: • shareholders • employees • the environment • the communities in which companies operate

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Identify the differences between the Annual Report send to shareholders and the Annual Report on…

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Identify the differences between the Annual Report send to shareholders and the Annual Report on Form 10-K, which must be filed with the SEC.
Financial Reporting and the SEC
In an eight- to ten-page paper (not including the title and reference pages) research and discuss the SEC’s company filings requirements. In your paper:
Describe how investors can use the Securities and Exchange Commission’s (SEC) EDGAR database to quickly research a company’s financial information filed on Forms 10-K and 10-Q.
Identify the differences between the Annual Report send to shareholders and the Annual Report on Form 10-K, which must be filed with the SEC.
Describe the contents of:
Form 10-K SEC filings
Management Discussion and Analysis
Auditors’ Report
Selected Financial Data
Discuss how the SEC”s requirement for domestic and foreign companies using US GAAP to provide their financial statements in the XBRL format can improve financial reporting?
Most publicly traded companies are examined by numerous analysts. Find analysts’ ratings about a company of your choice by visiting biz.yahoo.com/I. Provide a comparison over time and across companies in the same industry by answering the following questions:
How many analysts rated the company?
What percentage rated it a strong buy?
What was the average rating for the week?
Did the average rating improve or decline relative to the previous week?
Your paper should be formatted according to APA style as outlined in the Ashford Writing Center. It must include at least six scholarly sources, including a minimum of three from the Ashford University Library, in addition to the text.
Kimmel, P.D., Weygandt, J.J., & Kieso, D.E. (2013). Financial accounting: Tools for business decision making (7th ed.).Hoboken, NJ: John Wiley & Sons, Inc.
Topic: Identify the differences between the Annual Report send to shareholders and the Annual Report on Form 10-K, which must be filed with the SEC.

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Urgent Essay Writing Service: Identify the shareholders that have benefited from cooperative ventures.

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Urgent Essay Writing Service: Identify the shareholders that have benefited from cooperative ventures.
 Identify an environmental issue, a transportation issue and a public safety issue where state governments and the federal government have worked together. Identify the shareholders that have benefited from these types of cooperative ventures. Do you believe the same conclusion would have been attained if there weren’t this dual cooperation?
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Get Cheap assignment Help Online: Identify the shareholders that have benefited from these types of cooperative ventures.

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Get Cheap assignment Help Online: Identify the shareholders that have benefited from these types of cooperative ventures.
 Describe the congressional election process and the advantages it gives incumbents.
Identify an environmental issue, a transportation issue and a public safety issue where state governments and the federal government have worked together.
Identify the shareholders that have benefited from these types of cooperative ventures. Do you believe the same conclusion would have been attained if there weren’t this dual cooperation?
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• You have been contacted by the major shareholders at General Motors (USA) to provide an accurate…

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• You have been contacted by the major shareholders at General Motors (USA) to provide an accurate…

• You have been contacted by the major shareholders at General Motors (USA) to provide an accurate and current analysis of their Holden subsidiary. • Subsidiaries are a common feature of mulnaonal corporaons who generally organise their businesses into naonal and funconal subsidiaries • A subsidiary is a business/organisaon that is completely or partly owned (major shareholder) by the parent organisaon and thus the parent organisaon normally controls the acvies and policies of the …
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#065

The Distribution of Company Net Profits Back to Shareholders – Corporate Finance

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Internal Code: MAS7349
Corporate Finance:
The distribution of company net profits back to shareholders – commonly referred to as payout policy – is usually in the form of a dividend payment or the buying back of previously issued shares usually at a premium to their market price (share buyback). Essentially, a dividend payment or share buyback is the same; that is, intended to return previously generated income back to shareholders, however, there may be different tax implications associated with each distribution structure. In Australia, like many other developed countries, the largest companies by market capitalisation (share price multiplied by a number of shares on issue), usually have relatively high stable payout policies. For example, the top 20 Australian listed corporates generally have payout policies at 70 percent or above for every one dollar of net profit distributed. The remaining net income is usually reinvested back into the company for future growth opportunities. Companies that have stable dividend policies over time can also be more accurately priced using dividend based asset pricing models. Companies that don’t pay dividends or indeed, don’t have a solid dividend payout history, can be somewhat more difficult to price as analysts would be required to estimate their free cash flows in order to price them accurately.
Question:
a. A firm’s payout policy can be expected to change over time as the firm moves through its life cycle. Explain the life-cycle theory of payout policy.
b. It is often argued that agency costs are significantly reduced for companies with relatively high payout policies. Outline the ways in which agency problems may be mitigated through companies adopting a stable payout policy.
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