For further details, please refer to the Analysis of the net financial position in note 22 and to the Consolidated Cash Flow Statement included in the financial statements. As of December 31, 2013, the Group has unused lines of credit for the amount of Euro 285,574 thousand. These funds ...
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Financial regulations highlight the regulations laid down by the government or any other legal authority regarding the financial system in the economy. It can also be handled by non-government authorities to ensure its authenticity.Answer and Explanation: The main functions of financial regulations are...
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Detection risk is one of the three elements that compriseaudit risk, the other two beinginherent risk, and control risk. Key Takeaways Detection risk occurs when an auditor fails to identify a material misstatement in a company's financial statements. ...
Fourth, each text is vectorized: the elements of the vector are all words, and the value of the element is the TF-IDF value of the word. Finally, the cosine of the vector angle is calculated as follows:SIM=cos(θ)=∑i=1n(Xi×Yi)/∑i=1n(Xi)2×∑i=1n(Yi)2where n represents ...
What are two key elements of the financial planning process? What are the strength and weaknesses of each of the capital budgeting techniques? What are the primary strengths and weaknesses of the payback approach in capital budgeting? What are the dangers and disadvantages of using ...
Definitions and elements of a fair price have been extracted from the sample, categorized via a thematic and a quantitative analysis, and mirrored against the traditional framework of ‘iustum pretium’ (fair price). Results The most often attributes of a fair price mentioned were affordability (...
The header of a balance sheet outlines three main elements: The name of the business The name of the financial statement The date The body of the document contains a list of assets, liabilities, and owner’s equity of the business, with their corresponding balances, found in the adjusted tri...
The dataset used for this task includes a variety of financial statements from publicly traded companies, featuring intricate relationships between different financial metrics. Accurate linking of this information is essential for financial analysts and investors who rely on holistic views of financial ...