Earnings Term Papers Samples For Students

Executive Summary

Wal-Mart Stores Incorporation boasts of market leadership in the provision of retail products and services to clients located across the globe. According to Walmart (2013), the retailer relies upon its 10,900 retail units spread across 27 countries to increase its share of the retail market. The retailer, listed on the New York Stock Exchange, is the largest in the United States of America. Essentially, the company provides all products under a single roof. This ability appeals to customers who have limited time to shop around for consumer and commercial products.
The company has grown its internal operations to ...

The capital structure of any company is a very important factor that the managers of any organization are expected to manage. Capital structure generally determines the value of the firm in combination with other factors (Moyer, 47). Capital involves a cost to a company and therefore proper management of capital is necessary to ensure that the cost of capital of an organization is not too high. Texas industries Inc is a company found in the United States. This research paper will evaluate the capital structure of the company and recommend how it can change the capital structure if need be to ensure that ...

Introduction

The bank of Queensland was instituted in 1874 as the first permanent building society in Queensland, Australia. Initially, it was being operated as Brisbane Permanent Benefit Building and Investment Society. This society was later incorporated in 1887 and then got amalgamated with the City and Suburban Building Society in 1921. Later on in 1931, it was again amalgamated with Queensland Deposit Bank. It received a license to operate as a trading bank in 1942. The bank computerized its operations in 1970 and then underwent a series of transformations that included changing its name to bank of Queensland. The bank was first listed ...

Introduction

Canada has over time been attracting a high number of immigrants each year. This number has also been increasing each year (Reitz, 2005). About 20% of the country’s population is made up of foreigners. Based on the data from the Organization for Economic Co-operation and Development, the annual immigration flow of the country is now one of the highest among the OECD members. For example, in the year 2011, the country received some 249,000 new immigrants, which was more than the number it received in 2010 (281,000). The two main cited reasons for this immigration are job ...

A buy/sell agreement is good because it ensures that the business interests are transferred in an orderly and acceptable manner. The agreements reduce the misunderstandings between the potential and existing shareholders. It eliminates any conflict between the shareholders and any heirs in the business. Furthermore the company prevents unwanted persons from becoming shareholders. With the agreements, the company is able to monitor and control the people who can become shareholders (Mercer, 20100. The agreement should be in writing. Oral agreements are not enforceable in a court of law in some countries or states. The agreement serves to protect the shareholders. ...

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Introduction

Investment bankers are professionals who are well trained when it comes to managing assets, either through creation, transfer, or sale. One of the most important processes being undertaken by investment bankers includes valuation. When it comes to facilitating the operations related to the valuation models as well as assessment of business assets, they normally employ numerous skills and competencies. Business valuation methods represent the instruments that are applied in investment banking, so as to conduct the business value estimation so that the perspective investor could have the appropriate understanding of the current value of the business unit and the ...

Ratio refers to a comparison between two variables, ratios is an important component in day to day business as it enables the shareholders and other stakeholders to check the performance of business in comparison to the previous year’s which refers to trend analysis it can also be used for cross sectional analysis which involves comparing the performance of business with other business within the same industry. Other financial ratios such as liquidity ratio plays a very important part in managing working capital in that a business will be able to predict the cash required to manage day to day transactions, in ...

Legal and Ethical Issue

Retirement income in the United States (US) fundamentally comes from Social Security. More than a third of the elderly beneficiaries of Social Security rely almost entirely on it for their income (more than 90%), making up the total of two-thirds of them whose reliance on it accounts for more than half their income (Brossoie, 2010; NASI, 2014; Poterba, 2014). Having kept around 22 million Americans out of poverty, Social Security remains an integral program favorably viewed by many (Poterba, 2014). In fact, findings from a study gauging public opinion from different generations conducted by the National Academy of Social Insurance (NASI) ...

Introduction

Pfizer Inc. is one of the largest pharmaceutical companies in the world. It has its headquarter in New York City and its research headquarter in Connecticut. It develops and produces medicines and vaccines for a wide range of medical disciplines i.e.Immunology, oncology, cardiology, diabetology/endocrinology, and neurology.
The Coca-Cola Company is the largest manufacturer, retailer and marketer of soft-drink in the world. It is an American company which produces a carbonated soft drink. It has a presence in over 200 countries around the globe and approximately 1.6 billion serving of Coke and Sprite are consumed per day.
Wal-Mart Stores is an ...

Abstract 2

Introduction . 3
Lessons from Capital Market History . 3
Return, Risk and the SML .. 5

Cost of Capital 7

Financial Leverage and Capital Structure Policy 9
Conclusion 11
Abstract
This paper entails a critical analysis and discussion of the components of the corporate finance and its subsequent application in the contemporary business environment. The discussion and analyses contained in this paper are centered on the book by Ross, Westerfield and Jordan (2012) which is titled: “Fundamentals of Corporate Finance.” In this book, different aspects and components of this subject of corporate finance have been discussed in great depth and this paper essentially entails ...

Financial planning encompasses processes and various steps leading to the proper management of available income and expenditure. Managing personal and family finances demands thorough estimation of the incoming revenue and outgoing expenses on a daily basis.

Personal financial plan on the other hand is a plan that specifies one’s financial goals and describes the spending, financing, and investing plans that are intended to achieve those goals. A well defined personal or family financial calls for budgeting and tax planning, managing liquidity, financing one’s large purchases, protecting one’s assets and income (insurance), investing money, as well as planning his/her ...

TeleTech Holdings, Inc. (TTEC)

TeleTech Holdings is a technology services company whose main business is the provision of telephony services to businesses. The company operates call centers and BPO centers through which it connects customers to their companies. Through the provision of the telephony services, it creates a lasting customer experience, which in turn results in growing revenues and profitability of the companies that it represents. The various industries that it serves include the automotive industry, financial services, healthcare, government agencies, e-commerce entities, and the hospitality industry among others (TeleTech Holdings, 2017).
In light of the above brief on TeleTech Holdings, the objective ...

The Boeing Company designs, develops, sells and services aerospace/defense products. The company belongs to industrial goods sector. It has five business segments: Boeing Military Aircraft, Commercial Airplanes, Global Services & Support, Network & Space Systems, and Boeing Capital. The Commercial Airplanes segment manufactures and services commercial airline where Boeing Military Aircraft manufactures and services military airline. The Network & Space Systems segment researches, develops, and modifies electronics and information solutions; tactical missile and defense systems; and space study products. The Global Services and Support segment provides integrated logistics; maintenance, and improvements for aircraft; and training system. The Boeing Capital segment facilitates financing ...

Business

Introduction
This is a feasibility study project that aims to establish a pre-plan for the restaurant business. This feasibility study is also aims to provide basic information that will help in better decision making for the proposed restaurant business. Study will include some key points that may help establish a strong and stable business and aims to target the possible opportunities and challenges that this business might encounter. The paper will be written in a form of providing the industry and market feasibility; discussing the overview of the industry which the proposed business is included and its strengths, weaknesses, and viability from the ...

Short – Term Investing

Introduction
A treasury bill or a T-Bill is a short-term maturing promissory note, usually lasting for three months to one year. Nyawata (2012) asserts that the federal or national governments are the ones that issue T-Bills as their primary instruments of regulating the supply of money within the national economy, as well as raising funds for various government projects through open market operations. The central banks of the respective countries are the ones responsible for issuing and paying on T-Bills. According to Thau (2000) T-bills do not have any form of explicit interest, but they sell at a discount ...

Balance Sheet:a)What components of stockholders' equity do each of the companies disclose?

Referring to the balance sheet of both the companies, below is the information relating to stockholder equity:
Meiji Holdings:
The company during 2013, has total stockholder equity of $3242.84 Million with the components of stockholder equity as follows:
- Common Stock(Authorized and Issued)
- Capital Surplus
- Retained Earnings
- Treasury Stock(at cost)

General Mills Inc:

Noted from the balance sheet of the company for the year 2013, the total stockholder equity of the company was reported to be $3242.84 Million with the component of stockholder equity as follows:
- Common Stock(par ...

Importance of Financial Ratios

Financial ratios are crucial elements that help us assess how a company is performing. It is even more crucial for the performance management of a smaller firm. As a small business owner, I will have the capability to implement a wide variety of ratio management tools for finding out how the firm is and will be performing in the future. Financial ratios are quantitative analysis tools that help us assess the performance of the firm using statistical and mathematical calculations. The financial ratios cover a wide range of aspects of a business; such as, liquidity, profitability, activity ratios, debt ratios and market ratios.

All of ...

Background

According to Gheen (1), illegal immigration originated from legal migrations that took place between the late 1800s and the early 1900s. In 1928, Edward H. Dowell who was the vice president of the California Federation of Labor announced that 67000 Mexicans had legally immigrated to America the previous year but an even larger number had illegally immigrated to America. Gheen (1) further argues that massive illegal immigration started in the early 1940s due to labor shortage on America. The federal government arranged for the temporary importation of Mexican labor to contribute to agriculture, under the Bracero Program. Even after ...

Financial management is one of the most important success tools for any organization. A company that is financially viable is most likely to compete favorably with its peers. In this paper, I have analysed the financial performance of Microsoft Corporation with comparison to Oracle Corporation. Both the companies are giants in the software industry.
Microsoft Corporation’s core services include the development, manufacturing, licensing and support of a vast range of software products and services. They include operating systems, servers, server applications, high performance computing applications, software development tools as well as the business solution applications. Oracle Corporation is a ...

Abstract

Accounting scandals are business scandals that arise following the uncloaking of financial misdeeds by some trusted personnel in corporations. Some of the misdeeds usually involves some complex methods for embezzling, understating, misdirecting money, overstating the value of assets or in other words, underreporting the available liabilities. This is mostly accomplished in collaboration with workers or affiliate in corporations. In companies with public status, this kind of innovative accounting qualifies to fraud whereby investigations and inquiries are commenced by agencies of the government in place. In United States for instance, some of the government oversight agencies that are eligible to ...

Coca-Cola’s Naturally Sweet Division: Strategic Objectives Summary

1.0 Naturally Sweet Division: A balanced score card
1.1 Financial perspective (Shareholder value)
1.1.1 Market share: Coca-Cola currently has 30 percent of the global market share of the beverage industry (Sure Dividend, 2016). The Company’s still brands have also captured at least 30 percent of the global industry. Since Naturally Sweet will be aiming to participate in both still and carbonated segments, it will aim to capture at least 30 percent of and Number 1 in the naturally sweetened drinks sub-segments in both the carbonated and still drinks. The products aims to secure for Coca-Cola the largest slice ...

Executive Summary

The paper discusses different topics related to the field of corporate finance and how the same will impact my future career, during which I plan to work as an equity investor. Beginning with the paper, I first discussed the importance of the financial statements and what information they reveal about the company. However,more than reading these financial statements, it is important that we learn how to study the financial statements using the tool of common-size statements and financial ratios as these tools help us in evaluating the trend in the financial standing of the company. Thereafter, I discussed ...

December 12, 2010

Inflation in Macroeconomics

The most effective indicator of country’s economic health is its financial state. Financial system not only provides interconnections in economics, but also conducts macroeconomic regulation, and serves as a tool for governments to regulate economic development. For this reason, the activity of executive power in every country is directed towards stability of financial and credit system and overall financial state. In order to ensure the stability, inflation processes must be controlled. It is necessary because inflation results in harmful socio-economic outcomes: inflation leads to deformation of macroeconomic regulation instruments.
Inflation is a process of price level ...

EXAM QUESTIONS ON BUSINESS AND SOCIETY

1. To what extent are companies justified in claiming that they are good corporate citizens?
The key goal of any business enterprise is to maximize profits and minimize cost. The management must safeguard the social welfare of the employees. In addition, the company must respect the social and cultural values as well as providing quality products and services to the consumers. Therefore, corporate citizenship is the understanding of all stakeholders in a company or business enterprise that it has social responsibilities to the employees, the surrounding society and the consumers, who indirectly influence the company’s performance in regional ...

Saudi Arabia, with its huge oil reserves is the main state of the Organization of Petroleum Exporting Countries. From 1992 to 2009 it was ranked first in the world in oil production and exports. Exports of crude oil account for 95% of exports and 75% of the country's income, making it possible to maintain the welfare of the state (International Monetary Fund, 2014).
Foreign exchange earnings from oil reached $ 45 billion US dollars, or about 85% of export earnings in 2013. High oil revenues contribute to accelerated industrial development in the framework of five-year plans. The growth of ...

A Comprehensive overview

[Author Name]

Financial Crisis

Introduction
It’s of imperative importance to understand the link between financial system and the economy. According to various economists, it is gauged that there are two primary function of finance. As mentioned in The Economist, it essentially performs as an economic time machine, serving savers to haulage their present surplus income into the future, and on the other hand offering borrowers access to future earnings now. Finance also serves as a safety net, protecting against catastrophic unforeseen events. Hence, by performing these two acts, an efficiently running financial system ensures against the bumps in life, providing ...

In order to improve organizational performance, companies often use strategic compensation. The goal is attained only when the compensation systems focus on the performance of the entire organization, rather than focusing on individual performance, something traditional compensation systems used to emphasize (Heneman, 2002).
However, the rewards and incentives offered by the human resources (HR) need to be in alignment with the employees’ needs and beliefs. Other than choosing a relevant type of reward and incentive, the HR must also focus on the proper execution of such rewards to make them effective. Some examples of rewards include flexible time, work-life ...

Introduction

In the wake of globalization, diversity has become an indispensable factor for attainment of success in the corporate world. Diversity has been found to provide not only new ways of thinking, but also fresh perspectives. Unfortunately, although diversity has grown bigger than ever, discrimination against immigrants is still perpetrated. The growth of the United States of America and the subject of immigration cannot be separated. Immigrants have had a critical role in the development of the economic prowess of the US. However, immigrants still face discrimination in the workplace in the current civilized era. This paper discusses how immigrant discrimination ...

Houston Insurance Holdings is a leading specialty insurer based in Texas, USA. However, its scope of operation extends beyond the United States of America and has offices in the United Kingdom, Spain and Ireland. The insurance company underwrites 100 classes of specialty insurance products in 180 countries around the world. The company has five underwriting segments namely: Professional liability, U.S Property Casualty, Accident and Health and U.S Surety and Credit International.
The firm engages in the diverse business portfolio in order to ensure consistent underwriting results irrespective of the market cycles. This has contributed to an impressive performance of ...

In this paper we look at financial analysis ratios which show liquidity, profitability, activity, financial leverage, shareholder and rate of return. The financial statements of apple used to get the ratios are; income statement, balance sheet and the cash flow.

Financial Analysis Ratios for Apple Inc.

Comparison with the Competitors
The competitors considered for this particular analysis are Google Inc (GOOG), Hewlett and Packard (HPQ) and Research in Motion Limited (BBRY)

Industry

With regard to the financial ratios of Apple Inc. it can be seen from the ratios in the first table that the company has been improving in financial performance in the last three ...

FIRMS AND THE FINANCIAL MARKET

Financial markets play an important function of channeling funds from agents who have saved money and are willing to lend it out to agents who need funds and are also willing to borrow. Financial market is defined by Brigham E.F & Ehrhadt, M.C. (2011) as what brings together people and organizations needing money with those having surplus funds. There are many financial markets in a developed economy or a geographic location. In contrast to physical (real or tangible) asset markets where products like machine parts, automobiles, real estate, computers and machinery are sold, the financial asset market on the other hand is ...

Introduction

Capital One Financial Corporation is a financial company which specializes in the offering of banking services, specifically credit cards, home loans, banking and savings products and auto loans. It is a member of the Fortune 500. The company was founded in 1988 and has since grown in stature by conducting several acquisitions over time. Some of its notable acquisitions are the acquisition of Chevy Chase Bank in 2008 and Hibernia National Bank in 2005. The company has two main divisions; auto finance and international operations. The company trades in the NYSE as COF (Capital One Financial Corporation website).
This paper ...

Company Overview

Lowe’s (LOW) is a home improvement company that was founded in 1946. The company was then incorporated in 1952. Lowe started as insignificant hardware store to become the second largest home enhancement retailer in the world. Lowes is ranked 54 Fortune’s top 500 companies list. As of February 2012, 1, 745 stored in the United States, Canada and Mexico were operational. The company’s customer includes homeowners, renters, and commercial business customers. The company offers a range of products that include maintaining, repairing, modeling, and home caring. In addition to offering appliances, the company also sells different companies products ...

Abstract

This paper is devoted to the Clorox Company financial research. The research includes analysis of financial statements, analysis of financial ratios, bonds and stock valuation methods, calculation of dividends growth rate, description of constant-growth model, calculation of beta coefficient of stock, calculation of standard deviation of stock, calculation of weighted average cost of capital. The computations are based on the data collected from annual reports for the years 2007-2011. Calculations were made using appendices and excel spreadsheets. The arguments are supported by analysis of financial performance of the Company.

Introduction

In accordance with Bloomberg (2012), Clorox Company is a large manufacturer ...

PepsiCo Summary

PepsiCo is the biggest food and beverage business in North America and the biggest in the world. Some of its brands in America include Quaker Oats, Pepsi-Cola, Gatorade and Tropicana. In addition, it has Aquifana, Naked, 7UP and Cheetos outside America. Brands that exist in Europe include Mirinda whereas, in Latin America, the popular brand is the Gamesa. PepsiCo has employed over 290,000 employees worldwide in its 700 facilities. These facilities include research and development facilities, manufacturing sites as well as the distribution centers and offices. PepsiCo’s success is attributed to its high standards of performance, distinctive ...

Introduction

There are certain differences between internal and external financial accounting. Internal financial accounting is also known as managerial accounting. The main differences between the two activities are the users of the financial statements, the types of information, the frequency of preparing the statements and the regulatory oversight of the accounts. The external financial information is a summary of the historical data of the company and it is mandatory for the accountants to prepare these statements. On the other hand internal financial accounting is detailed in nature and tends to be futuristic in terms of projections, budgets and estimations. It is ...

Abstract

This is a comprehensive analysis on the M&A actions of Merrill Lynch and Bank Of America. This analysis incorporates the strategic examination of the different features that shaped synergies involving these two companies, putting them as the ideal constituents for a likely merger. This analysis also enlightens on the assorted features of M&A and the approaches of Mergers and Merger incorporation procedure. This analysis clarifies Merger as a procedure, which is well planned for the improvement of both the companies involved in it.

Introduction

The Bank of America is among the world's leading monetary establishments, providing individual customers, minute, middle market ...

Abstract

Health care managers or health services administrators are responsible for directing and managing operations in hospitals, nursing homes and other healthcare institutions. They are in charge of physical infrastructure, programs, services, staff, relations with other institutions and finances. Initially the above functions were performed by appointed physicians or other healthcare workers with little or no training in management, thus the ambiguity in the roles of healthcare managers. The healthcare managers also represent the institution in professional and community meetings. The educational qualifications and skills for this position vary from one institution to another as well as from one state ...