Corporate Governance
Q: Corporations are not really run by their owners Ans: Corporations are not really run by their owners because this mainly depends on the size of the organization. Meaning, the bigger the corporation, the less likely it is for the owners to run it. It is nearly impractical for the owner as a single person to run the entire organization. Here
INSTITUTE OF TECHNOLOGY CARLOW : CORPORATE FINANCE ASSIGNMENT
Harding Ltd manufactures, installs and maintains Eco Friendly Heating Systems for hotels. Their most recent financial statements are set out below: Statement of Financial Position as at 31 December 2019 ASSETS€000 Non-Current Assets Plant and Equipment832.80 Motor Vehicles279.90 1112.70 Current Assets Inventories439.80 Trade Receivables765.45 Cash at Bank27.60 1232.85 Total Assets2345.55 EQUITY AND LIABILITIES Equity €1.50 Ordinary Shares600.00 General Reserve78.30 Retained Earnings570.30 1248.60 Non - Current Liabilities 12% Loan Notes375.00 Current Liabilities Trade Payables625.95 Tax96.00 721.95 Total Equity and Liabilities2345.55 Income Statement for the year ended 31