Creditors College Essays Samples For Students

Bankruptcy is the process by which a debtor who is unable to pay his creditors, can discharge his debts and get a “fresh financial start”. The most common types of bankruptcy are known as Chapter 7, Chapter 13 for individuals or small businesses and Chapter 11 for larger businesses. Chapter 7 is a liquidation of all the debtor’s assets where the proceeds are used to pay off your creditors. Once all the proceeds are spent, the debtor will be “discharged” from bankruptcy and will no longer be personally liable for most of the debts owed to creditors. Chapter 13 gives the ...

Special Topics

Question 1
Change in corporate control refers to transfer of the decision making authority of a company from one group of persons to another group. This power entitles individuals to make decisions concerning operations and strategic planning of the company, allocation of capital, acquisitions, marketing decisions and production decisions. Publicly traded companies are prone to corporate control changes when large investors, especially institutional investors and other companies, strive to seize control from existing shareholders and managers. Change of corporate control can be effected through; tender offers, negotiated offers and proxy fights .
Negotiated offers are the process by which ...

Special topics

Question 1
Would it ever be in the selling shareholders' best interest to structure a taxable acquisition? Explain.
A taxable acquisition is not in the best interest of the selling shareholders. Acquisition refers to the corporate strategy where a corporation buys all or a major ownership stake in the target company in order to control it. Acquisitions are mostly paid in the acquiring company shares, cash or both. Selling shareholders are shareholders of the target company who are bought off. A taxable acquisition is one which the shareholders of the target company are considered to have sold their shares, and ...

Contribution of entity theory to accounting practice

Entity theory was developed as a result of the inadequateness of the proprietary theory before it in explaining the treatment of a businesses assets and liabilities in relation to ownership. The proprietary theory had been developed at a time when the size of businesses was relatively small and the ownership was mainly sole proprietorship or partnerships with small number of partners. In this situation, the ownership of the business and its relationship with its creditors could not be adequately explained in accounting terms since the fact that a company is an entity separate from its owners could not be effectively disclosed under the ...

How the Changes in the Insolvency Act of Mauritius in 2009 Have Changed How Mauritius Handles Bankruptcy and Insolvency?

Insolvency is having more debts then assets that are available to pay them. Insolvency is also determined when a bankruptcy court decides that a person or a business cannot earn the needed funds to pay off all of their debts. The court can then choose to discharge some or all of the debts. This leaves the creditors not getting the money that they are owed. In many cases the insolvent is permitted to retain a few assets.
The changes brought to the insolvency act of Mauritius in 2009 have modernized the way Mauritius deals with bankruptcy and insolvency. This ...

Liquidity Ratios

These are ratios that help accompany to meet its short term maturity obligations. They are arbitrary measures that are used to verify a company’s capability to settle off short-term debts responsibilities. They basically measure the ability of the company to meet its near-term obligations. Current ratio and acid test ratio are example of liquidity ratio measures.

Current ratio

Current ratio is a liquidity measure that shows the rate at which a company is able to meet its short- term liabilities using its current assets. It indicates the capability of a company to meets its short term liabilities with its current assets. Companies with current ...

Financial Statements

The Coca-Cola Company's fiscal year begins on 1st January every calendar year and ends on 31st December every calendar year. Since the 2016 fiscal year is not yet over or even half way through, this assignment assumes the 2015 fiscal year as the current one and uses data for the fiscal year ended 2015.
The net income from the 2015 fiscal year is $7,351 billion. This is up from 2014’s net income of $7,098 billion. The net income, therefore, increased by $253 million which represents a 3.56% increase in net income ("The Coca-Cola Company", 2016). Net ...

Introduction 3

Comparative Financial Performance Analysis of Pepsi and Coca Cola for the Last Two Years (2014 and 2015) through Ratios and their Interpretations 3
Analysis of Profitability Ratios 4
Gross Profit MarginW 4
Net Profit margin 5
Return on Assets 6
Analysis of Solvency Ratios 7
Current Ratio 8
Quick Ratio 9
Analysis of Capital Structure Ratios 10
Debt-to-Equity Ratio 11
Interest Coverage Ratio 12
Examination of Efficiency Ratios 14
Days Sales are Outstanding 14
Days in Inventory 15
Payables Period 16
Findings and Recommendations 17

References 20

Comparative Financial Performance Analysis of Pepsi and Coca Cola
Introduction
Because of their global ...

Abstract

The U.S. Constitution allows debtors to lift the burden of debt - in whole or in part, if the debtor can no longer meet its obligations to creditors. For consumers there are two main types of bankruptcy. Chapter 7 of the Bankruptcy Code allows you to perform their obligations to creditors "in one go", and Chapter 13 presumes the debtor payment plan. Sometimes, the personal bankruptcy process can be carried out by using Chapter 11.

Chapter 7

This part of the U.S. bankruptcy law allows you to get rid of all or part of the debt after the repayment of ...

Long-Term Financing

Question 1
Suppose that a firm is operating with neutral corporate and personal taxes in an otherwise perfect capital market and Equation (I6.7) currently holds. In such a world, a firm would never take on any risky debt. Why not? (Hint: Consider what would happen in financial distress).
When a firm is operates in an environment with neutral corporate and personal taxes imply that the source of financing has no impact on the tax liability of the firm. Normally, companies usually borrow debt to reduce their tax liability by deducting interest expense. Interest expense is an allowable expense for tax purposes, ...

Introduction

The information relayed by financial statements is the mirror through which an entity is viewed by the owners, shareholders, creditors, the regulatory authorities (governments), potential investors and all other stakeholders. The information obtained from these financial statements forms a reliable basis for the interested parties to evaluate the efficiency, profitability, and general performance of the business in a periodic manner, usually annually, semi-annually or quarterly. This paper seeks to examine the usefulness of such financial statements as the income statement, balance sheet and cash flows for Starbucks Corporation.
The income statement is an analytical presentation of the total amount ...

Abstract

Debt covenants have become one of the major issues that affect the operations of the firm. Many scholars have come up with different ways in which they can leverage this problem. There are many theories of corporate governance that try to solve these problems that face managers of financial institutions. Most of these theories defy the debt covenant perspective and the corporate governance problems in relation to how equity and debt holders affect the director’s ability to act in the interests of the providers of capital. Banks as financial intermediaries have special attributes that increase the standard corporate ...

The Souk Al-Manakh was a classic financial bubble that comprised of investors from around the oil-rich Persian Gulf, and it exploded after confidence in the system was affected. In August 1982, Investors’ checks were reported to bounce and the stock market exchange buckled within a month. The Kuwaiti Ministry of Finance demanded the clearance of all postdated checks by Banks to speed the close down of the stock exchange. The Kuwaiti government conveyed a clearinghouse company that tried to solve disputes and other plights of the investors and brokers (Al-Deera Holding). The arbitration panel was expected to address all ...

INTRODUCTION

Tantalizers Plc is a leading Fast Food company established in May 1997 with a promise to deliver full value for money to an increasingly discerning target audience. The company pioneered the integration of African menu into fast food operations.
In order to evaluate how tantalizers’ plc has improved in its financial performance in terms of profitability, efficiency and stability, its financial statement in 2008 and 2009 would be analyzed and interpreted using some basic financial ratios. Profitability, efficiency and financial risk ratios will be used to evaluate the company’s performance in 2008 and 2009 respectively.

Financial Ratios

Turnover Growth

Net profit ...

Improving the Operating Strategy of Marriott

Improving the Operating Strategy of Marriott
The purpose of the report is to develop a recommendation for improving a company’s current strategy in order to remain sustainable in a highly competitive economic environment. The recommendation will be based on an analysis of both the external and internal factors that affects the company. This includes both qualitative and quantitative factors since the report is segregated into (1) environmental scan and risk analysis, (2) ratio analysis, (3) financial statement analysis, (4) weighted average cost of capital, and a (5) strategy development. The company chosen to be analyzed is Marriott International, ...

Introduction

Bank typology has grown more complex as more formerly niche banking services gain greater customer bases, encouraging different banks to shift focus from the traditional retail banking format to a more complex and specialized arrays of banking services. Moreover, large banks, particularly multinational companies, maintain their retail operations while serving non-retail accounts, such as businesses, investors, and purely online customers (Pritchard, 2016). Further, certain organizations offer banking-like services to its members, such as credit unions and savings and loans associations (S&Ls). Thus, to manage this typological complexity, this explorative paper covers only primary forms described in its most typical ...

Introduction to PepsiCo Incorporated

PepsiCo is an American multinational company having its origin in the United States. The company is a market leader in the global beverage industry. The biggest and worldwide competitor to PepsiCo is the Coca-Cola Company. PepsiCo serves the worldwide market and gain access to audience by mainly sponsoring sports events, players and teams.

Pro-Forma Financial Statements of PepsiCo Incorporated for 2016 (the next period)

This section is aimed at displaying the financial statements of PepsiCo for the next financial accounting period (2016) as well as the last statements for 2015. The pro-forma income statement and balance sheet are prepared by assuming a ten percent increase in sales revenue and cost ...

Identify different users of accounting information and discuss the varying information needs of these users.

Users of accounting information are both - internal & external to the company in question. Internal users are the primary users of accounting information. They are company managers, employees and proprietors. Managers make use of the accounting information for analysis purpose regarding the company’s output and ranking so that suitable measures could be taken for bettering company performance. Next-in-line internal stakeholders are company employees. Their information needs are different from that of company managers. They use company information for measuring the earnings made by the company and deriving results thereof for relating with their future income and job safety; ...

20.2 Albert Beveridge, "The March of the Flag" (1898)
1. How does Beveridge characterize America's proper role in the world?
He characterizes America as a land that can feed and clothe the whole world. He portrays America as a parent to the other nations of the world. In his description of America in relation to the world he also explains the nature of the people in the country as people from the most masterful blood of history. Also under religious background he mentions that the people in America are hand chosen by God. All these references indicate the superior ...

Essay

The term “interest rate” is one of the most widespread in the present financial sphere. There are several types of this index, and the differences between those are usually based on the fixed set of economic factors.
The nominal interest rate is the percentage growth of funds that creditors take from borrowers for their services (using borrowed money). The nominal interest rate is the basic type of interest rate, and is the stated rate on a given bond or loan. In essence, the nominal interest rate is the actual price that borrowers pay to creditors to use their money. ...

Cash Conversion Cycle – Home Depot Inc. versus Lowe’s Companies Inc.
In the section, the cash conversion cycle of two companies is compared which reflects the financial performance of these publicly traded businesses to collect cash, generate sales and pay their creditors. In the below mentioned table, the cash conversion cycle is computed by the addition of Days Sales Outstanding (DSO) ratio to Days in Inventory (DI) and exclusion of the Payable Period (PP) ratio from that sum.
It is also clear that liquidity management and cash generation, “Lowe's Companies” tends to outperform “Home Depot” because it ...

Investment Analysis of Coca-Cola Co. and PepsiCo Inc

Investment Analysis of Coca-Cola Co. and PepsiCo Inc
1. Company Profiles – A Synopsis

PepsiCo Inc, an American multinational, is a food and beverage organization which has headquarters in New York, United States. The company has interests in the production, marketing and distribution of beverages, snack foods, and other products. This publicly traded company was formed in the year 1965 after Pepsi-Cola Company merged with Frito-Lay, Inc. Coca-Cola Company, also an American multinational, sells carbonated soft drink in every store having a headquarter in Atlanta, Georgia of United States. It was founded in 1886.

Product/Services

PepsiCo has a diverse beverage and food portfolio ...

The analysis of the financial statements and projections gives financial information to both internal and external users. They can be used to establish a minimum interval for which a company can internally evaluate the operating performance and the financial position to the creditors. This helps the creditors to evaluate the strengths and weaknesses of the company. The company that shows a positive performance is in a better position to exploit sources to finance the new ventures. The financial analysis shows the ability of the company to pay expenses and debts that are almost due, which increases the chances of getting external sources to ...

Discussion Board

Discussion Board

Randy’s decision to omit both the assets and the pending payments is because he wants the company’s financial statement to look good when the creditors assess at the company’s financial records. If he acted ethically and put the assets without having paid for them the creditors would most likely decline to give the company the loan, due to the outstanding debt. In this regard, I think Randy’s decision was ill intended and was misleading to the company’s creditors (Hogan, Rezaee, Riley, & Velury, 2008).
Explain the circumstances under which Randy’s decision would ...

The Influence of the Repeal of the British Usury Laws

Introduction
The recent few years have experienced a dramatically high growth in the interest rates globally, which is also believed to have reach a historically high rate. This growth, with specific reference to the existing interest law, has resulted in serious concerns related to the development of credit markets.
The reasons behind the efforts on developing credit markets is essentially due to the reason that in quite a few jurisdictions, the restrictions on usury or the interest have normally stayed at the lower level of interest rates that were formerly established. The ultimate outcome of this is that debtors ...

Essay

On

Question-1
Introduction
This essay consists of three parts. In the first part of this essay, the financial analysis of the Small Company Ltd. has been made by using the ratio analysis tool. Some of the most important ratios for this company have been calculated by using the financial information for the two years (i.e. 2012 & 2013). Moreover, important areas of the business are also highlighted that requires the greatest attention and the concentration of the management of this company.
Second part of the essay includes some healthy discussions on the stakeholders of the company and ...

Introduction

With the rise in globalization pressures, it has become necessary for businesses to expand their operational activities and serve more targeted audience or population to capture more market share. Additionally, businesses do this activity to create more shareholder wealth as wealth. In this regard, one of the biggest challenges which financial managers come across is the maintenance of the liquidity position of the business. It is important to every organization to keep itself liquid to keep its credit and counterparty risk to a sustainable level .
One of core concepts in this situation is the investigation into the Cash Conversion ...

- Introduction
Nectar Sweets Plc is a company with the main shop in Hong Kong. It is experiencing cash flow problems and is seeking an increase in the overdraft facility from the bank. Statements of the company reveal that its operations are profitable, but it is not efficient in collecting debt. The report identifies and analyses the company’s problems and recommends possible solutions. In addition, it uses financial ratios to assess the performance of the firm.
- Problems facing the company
- Nectar Sweets Plc has a problem in collection of its accounts receivables. The company takes a ...

Abstract

This paper has three purposes. The first is to briefly explain the important relationship some key concepts have to the financial statements. The second is to provide a brief explanation of the financial statements’ format. The third purpose is to illustrate examples of accounts that exist within the asset, liability, and stockholder’s equity categories by use of a table.

Concepts Important to Financial Statements

Generally Accepted Accounting Principles (GAAP)
Maintaining the consistency and reliability of financial statements within various business industries and sectors is important to prospective investors and creditors who rely on the data presented in the financial statements. This consistency is accomplished ...

Members of the National Commission on Fiscal Responsibility and Reform of the United States of America have studied the economic downturn experienced by American families for a long time. They defined the reality of the problem and proposed a solution. They noted that the solution would be difficult and painful. The members consist of people with diverse backgrounds and signify diverse areas sharing a united principle that America’s long-standing financial fissure is indefensible. If the problem continues, the future generation will suffer inevitable poverty in a weak nation.
The moment of truth is a document that tackles the economic challenges faced by ...

Part 1

- Liquidity Ratios
Current Ratio = Total Current Assets/Total Current Liabilities
2011: 44988/27970= 1.61
2012: 57653/38542= 1.50
Working Capital = Total Current Assets – Total Current Liabilities
2011: 44988-27970=17018
2012: 57653-38542=19111
- Profitability Ratios
Return on Assets Ratio = Net Income/Average Total Assets
2011: 25922/58185.5= 0.45
2012: 41733/88032= 0.47
Gross Margin Ratio = Gross Profit/Net Sales
2011: 34205/108249= 0.32
2012: 55763/156508= 0.36
Profit Margin Ratio = Net Income/Net Sales
2011: 25922/108249= 0.24
2012: 41733/156508= 0.27
Return on Equity Ratio = Net Income/Average Shareholders' Equity
2011: 25922/38307.5= 0.68
...

Discussion Paper

Introduction
The idea of effective corporate governance and responsive corporate governance has gained momentum in the business environment of Australia and the United States of America after the global financial crisis. In United States of America, the scandals of Enron and WorldCom provided grounds for accessing effectiveness of corporate governance institutions in the United States of America. The paradigm of effective and responsive governance is a key determinant of the overall performance of corporates and the stakeholders as it champions the idea champion for transparency, fairness and accountability (Brink, 2011, p.49). The governments of United States of America and ...

ABF stands for army benevolent fund. It is a national charity for the army in Britain. It provides help in form of charity to people in Britain who are serving or have ever served in the army, or their dependants. The help is in the form of pensions, grants, or even loans. The organization has professional advisers who provide financial advice to the organization. It also has trustees and officers such as chief executive and directors who help in running and managing the organizations goals.
Financial ratios are used investment decision making. A firm with attractive records attracts investors ...

Introduction

An analysis of financial statements of an ongoing concern is essential as it sheds the much needed light on the financial state of a firm and enables prudent decision making. Questions on the ability of a firm to meet its long-term obligations, use its assets efficiently, produce good returns to the shareholders or whether it possesses the optimal financing mix, can be answered through a financial analysis of the firm’s statements. Normally, the financial analysis is done using historical data and is aimed at depicting the future prospects of the firm. This is usually done through computation of ratios and analysis ...

Perhaps the most equivocal contributors in the debate on policies of public debt and government fiscal policies in the economy are undeniably David Ricardo and Thomas R. Malthus. This paper undertakes to analyse David Ricardo and Thomas Malthus’ debate on public debt policy and the role of government in an economic system. Though they argumentatively differed, they did agree on some views such as the inefficiency of government spending. Ricardo argued for redemption and government restriction whereas in contrast Malthus was against wiping off public debts arguing that doing so would depress aggregate demand in the end. The two ...

Financial statements are basically records that indicate a business or organizations financial status. In essence, they quantitatively report on company’s financial health. Financial statements are normally prepared quarterly or annually. In the accounting profession, there are basically four financial statements that have to be prepared and maintained. These are Income statement, balance sheet, cash flow and statements of retained earnings.

Purpose of the financial statements

Income Statement

The income statement reports on the primary yardstick of business performance, net income. While the common term used is profit, accountants normally prefer to use the term net income. It actually shows the revenues the company has ...

Task

Compare the corporate form of organization with the sole proprietorship and the partnership.

Describe the principles dealing with ways of creating value and economic efficiency

The major principles include comparative advantage and absolute advantage. Comparative advantage is the ability of a country to produce a particular commodity in a more efficient way than other countries. Countries that have modern machinery are likely to produce machine intensive products than other countries.
Absolute advantage is the ability of a county to be able to produce a particular commodity that other countries do not produce. For instance, a country that is endowed with a unique mineral that is not produced by other countries can be said to have absolute advantage ...

Introduction

The success of a company depends on the company’s attention to the short-term decisions. Short-term decisions affect the management of current assets and current liabilities. The company’s liquidity position depends majorly on the level of current assets of the company. If a company is to survive in the business, it must have the ability of generating enough cash that meets its short-term (current) needs (Bhattacharya, 2004).

Working capital management is therefore an important factor in the success of a company, both in the short term and long term. The degree of solvency or liquidity depends on the extent to which ...

The history of Chrysler Group LLC is full of events and is known for its ups and downs. Chrysler Group LLC was on the third place among US automotive companies. During the sixties, company is very firmly on her two feets. But ill-conceived management has brought a lot of troubles. It all started many years ago. It started in the early 50s. All companies producing cars with streamline form. But Chrysler produce cars with a rectangular form, very reminding a combination of rectangular boxes. In the early 60s the consumer wanted to get big and comfortable cars. But the ...

One Determinant of Short-Term Liquidity Ratio

The single most important determinant of short-term liquidity ratio is that the current assets of an organization should be in excess to its short-term obligations, as examined by current and quick ratios. This is so because when an organization has more current assets than liabilities, it would be easier for the entity to generate revenue and repay creditors on time. Moreover, excessive short-term assets than obligations can also help the company finance its working capital operations efficiently. Because of this determinant of excessive current assets than obligations, an organization can provide higher safety margin to creditors’ investments .

Making Technical Adjustments to Ratios

An analyst ...

Executive Summary

The report comprises of two main tasks that are financial ratio analysis and distress analysis to determine and evaluate the financial performance of HSBC. The case study is prepared to analyze the financial conditions of HSBC. HSBC Bank Plc. is one of the largest financial services providers in the world. HSBC operates in Finance and Insurance industry that is highly competitive in the global market. The decline in values of current ratio, quick ratio, and cash ratio reveals that the company did not succeed in maintaining stability in its financial position, but the decrease of 0.02 and 0.01 is ...

Acme Fireworks

A number of factors are to be considered when it comes to taking the decision of the most favorable business structure for a specific commercial venture. Given the situation of Acme Fireworks, the pros and cons that need to be weighed before deciding on the business structure include the offering of highest protection, the highest investment return, and the most favorable rates of taxes. When there is a need for liability consideration, along with needs of employment and huge contracts, the recommendation to Acme Corporation owner would be to amend his status from the present sole proprietorship to a ...

Summary of the Content

The book that is the subject of this paper is entitled Debt: The First 5,000 Years. This book was published in 2011 by book author and anthropologist David Graeber. As the name implies, much of the content was focused on debt. It, however, tackled the said topic in relation to other social institutions and practices such as marriage, friendship, barter, law, religion, slavery, economics, and government management. By putting the topic in line with the very factors that make up human life and society, he basically showed that he considers debt has played an important part in it. ...

US 311: Business Law I

You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display fireworks, and large aerial display fireworks. The company started in the owner’s garage two years ago and now has 15 employees that you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and ...

Introduction

Tingyi Holding Corporation is the Chinese company that deals in the production and distribution of instant noodles, baked products, and beverages. The company also produces soft drink under its brand name of Master Kong. The company is the largest manufacturer of instant noodles in China.
Tingyi Holding Corporation was established in 191 by the Wei Brothers of Taiwan. The company got listed in 1996. The soft drink brand of the company, Master Kong, was declared to be the second most recognized brand in China.
The company started producing instant noodles in 1992 under the brand name of Master Kong ...

Bankruptcy is a legal status of a person, organization, or other entity unable to return the debts to creditors. Usually, in such cases people seek Chapter 11 protection from creditors to the court. This ends up the activity of the major organization, however, subsidiaries may still work in a normal regime.
When talking about bankruptcy, it is impossible to omit the history of Lehman Brothers, fourth largest US investment bank until 2008. Established in the middle of 19th century by German immigrants Henry, Emanuel, and Mayer Lehman it was indeed too big to fall (Wiggins, Piontek and Metrick, 2014). ...

The Financial Accounting and Standard Board (FASB) and the International Accounting Standard Board (IASB) apply to the AT&T Mobility because both are proposing changes in global accounting. Moreover, their rule provides more incentives for companies particularly in changing the terms of the contract in corporations to speed up revenues to achieve quarterly targets. Additionally, the treatment of revenues in AT&T Mobility, the proposal for the changes, may drive the inconsistent allocation of income in particular between its products and payable resources as well as the separation of hosting arrangements. Consequently, AT&T have changed its GAAP accounting to redefine the ...

Organization Performance Using Financial Ratios

Organization Performance Using Financial Ratios
Ratio analysis refers to the process of determining, analysing and interpreting relationships by using financial statements. It is majorly used to evaluate various aspects of a firm’s financial and operating performance, such as profitability, liquidity, efficiency and solvency. The trend is then studied to determine whether they are deteriorating or improving (Nezlobin, Rajan, & Reichelstein, 2014).
Financial ratio is an indicator used to analyse firm’s financial performance. The ratios are used by the creditors, accountants, analysts, shareholders and bankers to examine and evaluate data presented on a company’s financial statements (Nezlobin, Rajan, & ...

Financial Development and Economic Growth bear a strong relationship with each other. “Theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth” (Levine, 2005). Studies suggest that an economy’s financial system cuts transaction and information costs which in turn results into mobilizing savings, better investments and proper resource allocation. These in turn bring about innovation in technology, accumulation of capital and economic growth.
Levine (2005) suggests that when financial intermediaries are present in the market, investors gain access to high quality and ...

Question 1.

The European Integration has undergone several changes to be what it is now. Several incidents and treaties marked the turning points for the EU in its infancy years to create a more stable and unified European cooperation. The Marshall Plan formed in 1948 consolidated democracy in Europe after the German defeat in the WW2 (Dinan 1122). The United States proposed the plan to speed up economic development in the transatlantic region. The plan saw the creation of the OEEC (Organization for European Economic Cooperation) liberalize trade and the Coal and Steel Community to oversee the extraction of coal in ...

In America, central banking was introduced in 1913 with the establishment of the Federal Reserve System, based in Washington DC (Federal Reserve 10). Congress passed an Act that addressed the need for a central bank that ensures a stable, safe and flexible financial mechanism. The Federal Reserve provides oversight and regulatory functions over banks to protect clients, manages risk, implement monetary laws that boost the economy and offers services to government institutions (Federal Reserve 10).
Based in London, the Bank of England is the central bank of the United Kingdom and it manages the central accounts of the government ( ...

Introduction

Current problem: Greece’s economy was in the brick of falling and other nations had to look for a way to stabilize their economy.
Thesis statement: During an economic meltdown, there is no winner or loser since it affects everyone in one way or another. Coming together to save a failing economy is the only way out of a financial meltdown

Background

Greece was heavy in debt and could not borrow more to settle its creditors. The failing economy spiked major concern to its investors (Mattich, Could Greek Deal Be Bad For Eurozone Growth? par 1).
Major Point 1: Despite ...

(2804 words)

QUESTION ONE

Identify and describe as many distinct sub-systems of Cash Mountain as you can. For ANY TWO of your identified sub-systems, describe the following system components:
Banking is one of the most important foundations in business or personal financial development. Technology has been evolving rapidly from physical traditional banking (Cayazzo, 2006). There before, customer were availing themselves to the bank for any transactions or inquiries. Then banks began the operation of automated teller machine (ATM) making it easier for bank customers to access cash at their convenience. ATMs have evolved to a point where a customer can withdraw ...

Agency is a legal relationship presupposing that a person represents another person and has a right to act for him/her. The person acting on behalf of the other is the agent. Principal is a person who the agent acts for.

The agency can be created:

Duties of an agent to the principal:
Duties of e principal are stated in the contract and include:
A principal is bound by the contract if the agent has the actual authority or the apparent authority. Actual authority can be express (based on the written or oral words) or implied (interpreted from words or conduct of the principal)
Apparent ...

[Professor]

Introduction
This paper reviews different literature works to evaluate the real meaning of accounting. This paper defines accounting from scratch in order to give comprehensive information for those who do not even know about this field. Further, this paper describes accounting, its reporting procedure, financial statements and their purpose. In addition to that, this paper defines various types of accounting systems that are used around the world by different types of organizations.

Analysis

Accounting is considered as the language of business, which tells the financial position an organization. It is a systematic way to record, summarize and analyze the ...

Introduction

The present paper evaluates Corporate Social Responsibility activities of Dunkin Brand Group. Therefore, the current corporate social responsibility activities undertaken by Dunkin Brand Group are evaluated applying CSR model, theory, and concepts. The main objective of the paper is to assess how effectively Dunkin Brand Group manages CSR activities to respond to the needs of its external and internal stakeholders.

Company Profile

Dunkin Brand Group is an American brand, which operates two quick service restaurants that are Dunkin Donut and Baskin Robbins brands. The company manages franchising, licensing, and development of restaurants across the globe. Currently, the company operates in four ...

Introduction 1

Company Background 1
Discussion Questions 2
1. The Various External Sources of Finance Available to the Company 2
a. Issuance of Common Shares 2
b. Corporate Bonds and Preferred Shares 3
c. Bank Loans 3
2. The Possible Considerations that may have been taken into account by the management when choosing the type of finance. All the relevant considerations explained and placed clearly in the context of the particular circumstances of the chosen quoted company. 4
3. The calculation of the Weighted Average Cost of Capital (WACC) appears to be straightforward in ...

Introduction

Over the years, racial and ethnic discrimination has engulfed many sectors in the United States. This has led to slow growth in these sectors thus creating a great disparity between people of different races. One of the major sectors that have been affected by this social menace is the health sector. Citizens have been receiving health services based on their race where the minorities have been on the receiving end. The whites have been the greatest beneficiary by accessing essential services at the expense of minority groups.
During his speech, Reynard Kington noted that there are three indicators that ...

ERA Group Inc. Corporation Strategic Plan Analysis

Since 2008, ERA Group Inc has experienced fluctuations in its financials. The revenue was about US $250 in 2008; then it reduced to about US $225 in the years 2009 and 2010. In the year 2011 it increased to about US $260 and increased further to about US $275 in the year 2012. There was an increase in revenue from the financial period that ended in Sep. 30, 2012 to that of Sep. 30, 2013. This is a clear indication that the company is presently enjoying high sales that easily translates to higher operating margin. An operating margin ratio is ...

Question 1 - Effectiveness of Altman or Modified Altman Algorithm

Today, the pressures from globalization and global competitiveness have been increasing consistently in a dramatic manner. In their true essence, business activities are undertaken to work towards generation of profits and achievement of growth objectives by serving targeted consumers in an effective manner. With increased volatility in the global business environment, it has become imperative to assess if a business or any organization is performing well or not. Analysts predict whether the business will go bankrupt has become one of the greatest concerns of various financial analysis theories and researches.
Additionally, it has been widely believed among financial research analysts ...