问答题What is the Function of stock exchanges?

问答题Effective banking supervision requires a set of preconditions to be in place, including sound and sustainable macroeconomic policies and a well developed public infrastructure.

问答题Banks provide many services to business sectors. Describe syndicated loans and project financing.

问答题Grid lock

问答题May Trading Co. Ltd. has following figures at 31 December Year 1 ＄ Fixed assets 1,300,000 Provision for depreciation 350,000 Stock 450,000 Debtors(net) 142,500 Bank 250,000 Creditors 240,000 Accrued expenses 65,000 Share capital(＄10 par) 1,600,000 Profit and loss account 467,350 As the accountant of May Trading Co. Ltd., you are required to prepare its master budgets for the 6 months from 1 January Year 2 to 30 June Year 2. You have the following information available: Sales Purchase Wages Overheads excluding depreciation (Units) Oct Year 1 (Actual) 25,000 130,000 90,000 70,000 Nov Year 1 (Actual) 27,000 150,000 90,000 70,000 Dec Year 1 (Estimated) 33,000 170,000 90,000 90,000 Jan Year 2 (Estimated) 30,000 170,000 90,000 70,000 Feb Year 2 (Estimated) 35,000 180,000 100,000 90,000 Mar Year 2 (Estimated) 36,000 200,000 110,000 90,000 Apr Year 2 (Estimated) 34,000 190,000 110,000 90,000 May Year 2 (Estimated) 33,000 190,000 110,000 80,000 Jun Year 2 (Estimated) 37,000 160,000 120,000 80,000 Additional Information: 1. The selling price in October Year 1 was ＄9 per unit and this will be increased to ＄10 in February Year 2. 2. 30% of sales are on cash basis, credit sales are to be settled one month after the sales. It is expected that 5% of credit sales are uncollectible. 3. Purchases are to be paid for two months after purchases. 4. Wages and overheads are to be paid equally in the month incurred and the following months. 5. A machine will be purchased on 1 January Year 2 at a cost of ＄240,000. 6. The depreciation policy on fixed assets is 10% p.a. on cost on those owned at the end of the budget period. 7. The stock level at 30 June Year is estimated to be two months' purchases in the past. 8. The company plans to raise money from the stock market by issuing 50,000 preference shares at＄5 per share in March Year 2. 9. Accrued expenses are to be settled in one month. Required: (a)Prepare a Budgeted Profit & Loss Account for the 6 months period ended 30 June Year 2. (b)Prepare a Cash Budgeted for the 6 months period ended 30 June Year 2.

问答题The issuance of convertible bonds and bonds of securities companies are subject to the approval of the CSRC and shall meet the two requirements, i.e. convertible bonds and bonds issued by securities companies.

问答题代理关系 感谢贵行×年×月×日来函。 关于贵行建立直接业务关系的提议，我们正在考虑我们两行的业务量是否值得建立这样的直接关系。你行也许了解，目前我们两国的业务量有限。现在这种把委托我行的业务通过苏黎世的瑞士银行来办尚可应付。 我们一定会记住贵行的建议，在需要时，我们将考虑此事。真诚希望我们在这方面的坦率表达会得到贵行的理解。

问答题What is the Controllability?

问答题Please list some Capital Market Instruments.

问答题Prepare a bank reconciliation statement from the correct cash book balance to the balance in the bank statement.

问答题For U. S. banks, the rapid deterioration in syndicated loans comes at a time when the majority of banks have strong capital bases and earnings.

问答题What credit risk assessment is involved in sole proprietorship and partnership company loan?

问答题The participants in the financial system can be classified into five broad groups: savers; investors and other borrowers; financial intermediaries; brokers and advisers; and regulators.

问答题间接投资

问答题Let's take an example. Suppose that a share of Haier in the Hong Kong Stock Market had a closing price yesterday of HK $ 10, but new information was announced after the market closed that caused a revision in the forecast of price next year to go to HK $15. If the annual equilibrium return on Haier is 20%, what does efficient markets theory indicate the price will go to today when the market opens? (Assume that Haier pays no dividends.)

问答题What does the Federal Reserve Payment Services include?

问答题Real interest rate

问答题宏观经济政策