(c) For commercial reasons, Damian believes that it would be sensible to place a new holding company, Bold plc,

over the existing company, Linden Limited. Bold plc would also be unquoted and would acquire the existing

Linden Limited shares in exchange for the issue of its own shares.

If the new structure is implemented, Bold plc will provide management services to Linden Limited, but the

amount that will be charged for these services is yet to be determined.

Required:(i) State the capital gains tax (CGT) issues that Damian should be aware of before disposing of his shares

in Linden Limited to Bold plc. Your answer should include details of any conditions that will need to be

satisfied if an immediate charge to tax is to be avoided. (4 marks)

[试题](c) Explain the reasons for the concerns of the government of Happyland with companies such as TMC andadvise the directors of a strategy that might be considered in order to avoid being subject to any forthcominglegislation concerning the environment.

[问答题] Reasons for the British coal mining is called a “sick” industry today.

[试题](c) Discuss the reasons why the net present value investment appraisal method is preferred to other investmentappraisal methods such as payback, return on capital employed and internal rate of return. (9 marks)

[试题](c) Comment on four reasons why the Managing Director of Quicklink Ltd might consider the acquisition of theC．eler Transport business to be a ‘good strategic move’ insofar as may be determined from the informationprovided. (5 marks)

[试题]3 Damian is the finance director of Linden Limited, a medium sized, unquoted, UK trading company, with a 31 Julyyear end. Damian personally owns 10% of the ordinary issued share capital of Linden Limited, for which he paid￡10,000 in June 1998. He esti

[单选题]Those who are against gene patents believe that_____A．genetic tests are not reliableB．only man-made products are patentableC．patents on genes depend much on innovationsD．courts should restrict access to genetic tests

[单选题]The reasons for the population decrease covers as follows except______.A．later marriageB．late pregnancyC．national family planning policyD．China

[名词解释] 商业票据（Commercial Paper）

[主观题]commercial marketplace available to nontechnical computer users worldwide.

[单选题]After completing a commercial transaction, （） will execute the transfer of goods from the seller to the buyer in the most-effective manner.A . LogisticsB . Supply chainC . Virtual warehouseD . Transportation