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of Micro finance depends upon the practices of that specific bank, which finance
poor people, by quoting and example of BRI (Bank Rakyat, Indonesia) researcher
says that they provide technical and moral support to the people they lend money,
and make sure they do good, they also choose different collaterals like motorcycle,
cars, cattle, and land etc to secure their loan yet making collateral stronger incase
the client fails to repay and credits interesting for lower class community.... [tags:
Finance]
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Basic Finance - Basic Finance The main purpose of studying finance is to gain an
understanding of the financial performance of a company, corporation or industry.
By looking at a company's financial performance, decisions can be made about
many things by many different players. Corporations are rated by different agencies
that examine financial records and potential for growth. Fitch ratings are a good
example of this. My employer has an A++ Fitch rating. This high rating allows a
non-profit company to borrow money at lower interest rates.... [tags: Business
Finance Analysis] 878 words
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Public Finance - "The government has no source of revenue, except the taxes paid
by the producers. To free itself - for a while - from the limits set by reality, the
government initiates a credit con game on a scale which the private manipulator
could not dream of. It borrows money from you today, which is to be repaid with
money it will borrow from you tomorrow, which is to be repaid with money it will
borrow from you day after tomorrow, and so on. This is known as 'deficit financing.'"
-Ayn Rand PART ONE In 1936, Republican Representative Harold Knuston of
Minnesota proposed what would be the first constitutional amendment to balance
the federal budget.... [tags: Finance]
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Accruals Concept in Finance and Accounting - Accruals concept is the concept that
attempt to correctly match all the accounting expenses (cost) to the income
(revenues) to the year at which it occurs at that accounting period, thus referred to
as accrued expenses. Whilst a going concern is an assumption that every business
will continue in operation for the anticipated future, thus is a going concern for
several years, unless if there is evidence i.e. owner acknowledgement. In the
Introduction to Accounting Book by Marriott, Edwards& Mellett 3rd Edition it states,
The going concern concept assumes that the business is a permanent venture and
will not wound up in the foreseeable future However, problems might arise in
companies applying the two concepts, accruals and the going concern.... [tags:
Business Finance Accounting]
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