Titlebook: Business Finance and the Capital Market; Kenneth Midgley,Ronald G. Burns Textbook 1979Latest edition Kenneth Midgley and Ronald G. Burns 1

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https://doi.org/10.1007/978-3-662-45304-9lopment. We have progressed from a sole trader and partnership to a limited company and discussed how the latter may obtain finance from outside the ambit of the family and friends, and what form this finance should take. In this chapter it is our intention to discuss other financial sources, includ

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https://doi.org/10.1007/978-3-662-45304-9of the special factors involved. These are mainly the extra risks incurred when trading internationally in a world of frequent political disturbance, and also the longer credit which may have to be granted because of the lack of wealth in some of the developing countries. Export trade involves the s

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https://doi.org/10.1007/978-3-662-45304-9 finance and the flow of funds. Large firms may produce forecasts of their activities and needs for several years into the future. The need for precise planning and control over the short period of a year or less calls for some system of budgetary control, and the operation of such a system is descr

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https://doi.org/10.1007/978-3-662-45304-9rs as depreciation, valuation of stocks and work in progress, extraordinary items of expense or income, provisions and research and development expenditure, and the figure for profit will vary according to which of these methods are used. Historical cost methods of depreciation and valuation tend to

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