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Professional indemnity insurance pays for negligence claims. When a professional gives out inaccurate information, he may be responsible for damages. For some careers, professional indemnity insurance is a government requirement. What Does Professional Indemnity Insurance Cover All professionals should purchase professional indemnity insurance. When dealing with the general public, liability insurance is a necessity. Personal injury claims and structural damage can be covered under a general…

Encouraging Cultural Diversity in SKECHERS USA, Inc. SKECHERS USA Inc. introduced their first line of sports utility footwear in 1992 and have since broadened their product line to lifestyle and performance footwear. As of January 31, 2014, SKECHERS employs 2,944 people full time and 4,828 part timers for a total of 7,772 (2014 Annual Report). According to their 2014 Annual Report, they made $2.378 billion in 2014, which is a 28.8% growth from the year before. They plan on continued growth…

After reviewing the balance sheet and the further information I was able to gather, I have come to a conclusion of what the purchase prices of Snow Mountain and Ski Town are, $357 920 and $373 173.32, respectively. Through adding the owner’s equity and goodwill for each company I was able to arrive at this amounts. I have further broken down the process I went through to make both ski merchandising company fairly comparable. Additionally, I have attached the balance sheets for Snow Mountain and…

Page of contents Executive summary 1.0 Overview.......................................................................................................... 2.0 Stork B.V Group Structure 3.0 Market position 4.1 Boston matrix 4.2 Ansoff matrix 4.3 Competition 4.4 Main customers 4.5 Competences 4.0 Management 4.1 Risk management and control 5.0 Technology and development 6.0 Financial analysis 7.6 Limitations of ratios 7.7…

entered into ‘gentlemen’s agreements’; few banks wooed customers away from rivals; instead, banks expanded into regions where few people had bank accounts. It was also customary to pay no interest on current accounts, no matter how large the balance. In 1989, BS tore this cosy arrangement to shreds by launching the ‘Supercuenta’ (Super Account), which paid 11% interest. BS deposits grew by leaps and bounds, giving the bank the financial muscle to acquire other entities. In 1988, an…

L (2013), Why abused women stay in bad relationships; Retrieved August 16, 2014, from http://www.cnn.com/2013/02/10/opinion/steiner-domestic-violence This source documents research on females whom stayed in an abusive relationship fearing of retaliation or in a hope of changing the abusing partner. The research shows the complications to the situations, particularly how a woman who’s being abused still tries to maintain a positive image to the world about their relationship. Some of the women…

It seeks to keep in view the socio economic environment in India, where capital is scarce and labor is abundant. However, a definition exist only for tiny and small units, medium sized enterprises are not defined either technically or legally. Industrial undertaking in which the investment in fixed assets in plant and machinery, excluding land and building, whether held on ownership terms or on lease or on hire purchase, does not exceed Rs. 1 Crore. WORKING CAPITAL MANAGEMENT Decisions…

It must be applied consistently to promote comparability between financial statements of different accounting period. However, a change in accounting policy may be necessary to enhance the relevance and reliability of information contained in the financial statement. In the case of the Woolworths Limited’s annual report, Woolworths limited was adopted a new accounting standards of AASB 119 ‘ Employee Benefit (2011) and AASB 2011-10 ‘Amendments to Australian Accounting Standard arising from AASB…

Dear sir with reference to the above mentioned subject the information regarding existing business is as follows: While reviewing sales of company it is observed that our sales increases by 22% each year but that lead to increase in our expenses by the same percentage which leads us to be on loss side each year. Further the increase in sales is not consistent with increase in market, as market is expanding relatively more than our growth that results decrease in our market share year by year. On…

Red Flags: 1) The significant unusual increase in long-term assets From 2003 to 2007, we can see that Bear Stearns’s long-term assets increased $170,836 (124.96%), while its current assets increased only 16.38%. This is a red flags because long-term assets are usually funded by long-term debts or stockholders’ equity. If a company put too many assets in its long-term categories, its financial flexibility will be impaired. 2) The significant increase in current and long-term liabilities From…