Michael Norton is the president of Liberty Enterprises, a large MNE based in Singapore that makes computers

Question:

Michael Norton is the president of Liberty Enterprises, a large MNE based in Singapore that makes computers and related peripherals. The firm has many subsidiaries around the world. Demand for Liberty’s products has been growing in Asia and Europe, especially in Indonesia, Japan, France, and Spain. Michael has always used external sources to finance the firm’s working capital needs. Currently, with rapidly expanding business, he needs to access more working capital. What is the feasibility of raising funds through intra-corporate sources? What methods can Michael use to transfer funds within the firm? What should Michael know about multilateral netting? lo4

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 100% (QA)

Answered By

Asim farooq

I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening. My Expert Service Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities

4.40+ 65+ Reviews 86+ Question Solved

Related Book For book-img-for-question