Please give me the solution of the following question:Define a Company. Explain its features and also explain advantages and disadvantages of forming a public company.Discuss the crucial importance of cash to a business. Is the profit that a business makes a reliable indicator of its cash balances?What is the reason for the existence of Corporate Governance? Discuss some principles of good governance as described by the Corporate Governance Code.Define Gearing and explain its advantages and disadvantages. Why might a bank be interested in a company’s level of gearing?

Define a Company. Explain its features and also explain advantages and disadvantages of forming a…

Answered: Define a Company. Explain its features…

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Please give me the solution of the following question:

Define a Company. Explain its features and also explain advantages and disadvantages of forming a public company.
Discuss the crucial importance of cash to a business. Is the profit that a business makes a reliable indicator of its cash balances?
What is the reason for the existence of Corporate Governance? Discuss some principles of good governance as described by the Corporate Governance Code.
Define Gearing and explain its advantages and disadvantages. Why might a bank be interested in a company’s level of gearing?

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