Vantage Services Jamaica Limited

Sources of financing hypertext transfer protocol://www.fao.org/docrep/W4343E/w4343e08.htm http://www.bized.co.uk/learn/accounting/financial/sources/index.htm http:// billetcasestudies.co.uk/business-theory/finance/sources-of-finance.html http://www.nos.org/srsec319/319-19.pdf Dividend policy Read more: http://www.investopedia.com/ terms/d/dividendpolicy.asp#ixzz1oUlnLIob factors affecting http://wiki.answers.com/Q/Factors_affecting_dividend_policy http://www.iassa.co.za/articles/012_aug1978_01.pdf General State of prudence: * In case of uncertain economic and business conditions, the divulgenership whitethorn want to retain whole or vainglorious part of the earnings to build up reserves to plight future shocks. * In a period of depression the business may also retain a large part of its earnings to preserve the firms liquidity position. * In periods of prosperity may not be liberal in dividend payments because of approachability of larger profitable investment opportunities. * In periods of inflation, the management may retain large portion of earnings to finance replenishment of obsolete machines. 2. State of Capital securities industry: * Favourable Market: liberal dividend policy. * Unfavourable market: Conservative dividend policy. 3.

Legal Restrictions: Companies mold has laid down various restrictions regarding the declaration of dividend: * Dividends can lone(prenominal) be paid out of: * ** Current or agone lucre of the company. * Money provided by the State/ Central brass in pursuance of the guarantee given by the Government. * fee of dividend out of capital is illegal. * A company cannot declare dividends unless: * ** It has provided for interpret as well as all arrears of depreciation. * Certain theatrical role of net profits has been transferred to the reserve of the company. * Past accumulated profits can be used for declaration of dividends only as per the rules framed by the Central Government 4. Contractual Restrictions: Lenders... If you want to beat up a full essay, order it on our website: Ordercustompaper.com

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