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last year the company paid a dividend of $ 3.40. it expects zero growth in the next year. in year 2, 5% growth is expected, in year 3 and 4 company is not paying any dividend. in year 5 company is...

Company ABC imports product from China and is worried about the impact a potential upward revaluation of the Chinese yuan may have on its import costs. As a result ABC enters into a non deliverable...

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In Accounting there are plenty of formulas, theories, and equations, but by far the most important is the following: Assets = Liabilities + Equity First, I will describe in layman’s terms the three variables within the equation above. An asset is a resource that will be used to operate a business (e.g. inventory, plant, machinery). A liability is a creditors right to the... read more

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