Air Cafe Bus Sdn Bhd (Air Cafe) financial report showed that due to our company's good performance
Question:
Air Cafe Bus Sdn Bhd (Air Cafe) financial report showed that due to our company's good performance and uniqueness of our business concept, it would deliver good profits to every investor. We assume that the efficiency of Air Cafe buses will continuously increasing every year.
We plan to grow our company in the future to cover every big bus station in eastern and eastern Malaysia.
Nevertheless, if in the future there is anything happening to the company, exit planning is often important for investors to reduce the effect of any unforeseen events that might happen to the company. Therefore, we have come up with two forms.
Transfer share
Air Cafe may be sold to a third party who is outsider interested in continuing the business or may merge with other companies that are willing to merge with Air Cafe. The organizational structure and operation may be subject to future changes, as agreed in the policy.
Liquidation
Liquidation is about winding the whole Air Cafe Business up. If the Air Bus Cafe fails to run the business or fails to find a new owner, all assets will be sold off to pay the creditors and staff. After this, the remaining pool of money would be paid to shareholders according to the allocation of capital.
This is the example for transfer of assets from other company.
Question:
1) Give me the explanations for firm limitation for Company 'Shangri-La Hotel Kuala Lumpur, Malaysia'.
2) Give me explanations for contingency or alternative courses of action for company 'Shangri-La Hotel Kuala Lumpur, Malaysia'.
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley