(c) Critically evaluate Vincent Viola’s view that corporate governance provisions should v
(c) Critically evaluate Vincent Viola’s view that corporate governance provisions should vary by country.
(8 marks)
(c) Critically evaluate Vincent Viola’s view that corporate governance provisions should vary by country.
(8 marks)
(c) Critically discuss the adoption of activity-based management (ABM) in companies such as TOC. (6 marks)
(c) Explain the benefits of performance-related pay in rewarding directors and critically evaluate the implications
of the package offered to Choo Wang. (8 marks)
(c) Critically discuss the statement (in note 12) of the managing director of GBC and suggest how the company
could calculate the value of the service provision to the population of the Western region. (6 marks)
(c) Critically discuss FOUR principal roles of non-executive directors and explain the potential tensions between
these roles that WM’s non-executive directors may experience in advising on the disclosure of the
overestimation of the mallerite reserve. (12 marks)
A.$3
B.$23
C.$53
D.$73
E.$103
(b) Explain how growth may be assessed, and critically discuss the advantages and issues that might arise as a
result of a decision by the directors of CSG to pursue the objective of growth. (8 marks)
A. artificially
B. vividly
C. critically
D. viciously
This view, 【B7】 is generally thought to be wrong. Specialists 【B8】 history and economics, have 【B9】 two things: that the period from 1650 to 1750 was 【B10】 by great poverty, and that industrialization certainly did not worsen and may have actually improved the conditions for the majority of the populace.
【B1】
A.admitted
B.believed
C.claimed
D.predicted
From a different supplier, Nesud Co purchases $2·4 million per year of Component K at a price of $5 per component. Consumption of Component K can be assumed to be at a constant rate throughout the year. The company orders components at the start of each month in order to meet demand and the cost of placing each order is $248·44. The holding cost for Component K is $1·06 per unit per year.
The finance director of Nesud Co is concerned that approximately 1% of credit sales turn into irrecoverable debts. In addition, she has been advised that customers of the company take an average of 65 days to settle their accounts, even though Nesud Co requires settlement within 40 days.
Nesud Co finances working capital from an overdraft costing 4% per year. Assume there are 360 days in a year.
Required:
(a) Evaluate whether Nesud Co should accept the early settlement discount offered by its supplier. (4 marks)
(b) Evaluate whether Nesud Co should adopt an economic order quantity approach to ordering Component K. (6 marks)
(c) Critically discuss how Nesud Co could improve the management of its trade receivables. (10 marks)