Qualification > Commerce

Business Paper (2)

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beanii:

--- Quote from: rekomeko on June 02, 2009, 05:16:33 pm ---
--- Quote from: beanii on June 02, 2009, 04:49:27 pm ---heyy...just wanna know...do we need to know the different consumer protection laws? ???

--- End quote ---
yeah i guess so :)

--- End quote ---
hmm...thanks! :)

astarmathsandchemistry:
sure :P

247sports:
Thanks aodian :)

MaNa:
Guys i wanna make sure
a bank is intrested to see the trading accoint n profit n loss acount of the company right??
n
liablilty are OWED by the business
n assets are OWNED right?

astarmathsandchemistry:

--- Quote from: ManaH on June 02, 2009, 07:02:48 pm ---Guys i wanna make sure
a bank is intrested to see the trading accoint n profit n loss acount of the company right??
n
liablilty are OWED by the business
n assets are OWNED right?

--- End quote ---
absolutely correct :)

One more thing a bank is interseted in is:

Debtors, if debtors dont pay the business on time, then this will cause a cashflow promlem and thus discourage the bank to give the loan

Creditors, bank manager will see if the business sticks to the given period of time for paying the loan or not

HOPE THIS HELPS :)
GOOD LUCK

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