Tag: theories

Modern Monetary Administration Theories & Small Businesses

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The proceeds of notes payable ought to be used to finance present property (inventory and receivables). The use of funds should be quick-term so that the asset matures into money previous to the obligation’s maturation. Proper matching would point out borrowing for seasonal swings in gross sales, which cause shifts in stock and receivables, or to repay accounts payable when engaging discount terms are offered for early payment.

SEC.12. Distributions Upon Retirement/Death. – Distributions may be made upon reaching the age of fifty-5 (55) years: Supplied, That the Contributor has made contributions to the PERA for at the very least five (5) years. The distribution shall be made in both lump sum or pension for a definite interval or lifetime pension, the choice of which shall be at the choice of the Contributor. The Contributor, however, has the option to continue the PERA. Full distribution shall be made upon the demise of the Contributor, no matter the age of the Contributor on the time of his death.

SEC.20. Repealing Clause. – … Read More ...