Essays on Bankruptcy

A private club refers to any type of a club that is limited to private members thereby implying that it is not open to the public. It brings out the difference between a private club and a restaurant where the restaurant is open to anyone who can pay the menu process while the club is limited to private members (Davis et al. 34). The customer base is comprised of the registered members in addition to guests or new members, who have been accepted by board members after being recommended or sponsored by an existing member of the club. After ...

Abstract

The United States is currently embroiled in a debate on how healthcare should be structured. The Republicans have sworn to repeal the Affordable Care Act. On the other hand, more than 33 million people are not able to afford basic healthcare services, do not have medical covers, and most of them do not have proper employment (Atun, De Andrade, Almeida, Cotlear, Dmytraczenko, Frenz, & De Paula, 2015). Additionally, most middle-income earners cannot afford proper health insurance or afford to pay health care costs off their pockets. Essentially, this is best demonstrated by the high number of bankruptcies filed due to ...

Reducing Debts at Credit Solutions of America

Credit Solutions America (CSA) is a company that is headquartered in Richardson, Texas but has many branches in many other states. The company has several customers who are enrolled in debt reduction programs. The company helps those customers who do not want to file for bankruptcy, but they would wish to settle their debts. Despite its years of success, the company was sued in eight states after it was found to be engaging in fraudulent activities. Although the methods employed by the company in their debt reduction program puts the customers in a stressful situation, they are left satisfied ...

Verification and Accuracy

The passport application form filled by Mr. James Doe has several notable mistakes. In essence, a passport application form, and any other form for that matter needs to be correctly filled with all the details correctly indicated. For instance, one is supposed to indicate the full names as they appear in his or her identification documents. However, Mr. Doe has not indicated it like that. He has used initials for one of his other names, which might raise confusion. Apart from that, there are some areas in the form that Mr. Doe has failed to fill. The sex specification, ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

In the year 2001, the Enron Corporation, an American energy company, went bankruptcy due to lack of proper and misguided information. This contributed to the firm failure and largest bankruptcy recognized in American history by the year 2002. This affected stock market and hence stakeholders and employees received limited returns. The Stuart Mill’s theory of Utilitarianism explains the doctrine of having right actions if they are meant and useful and benefit the majority (Sellars, 2016). I believe Mill’s theory and philosophy. Regarding the Enron 2002 scandal, the theory relates to the actions taken by the management of ...

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 ...

Terrorism and cyber terrorism become one of the main global threats to the humanity of XXI century. Nowadays cyber terrorism is the inherent part of the modern terrorism. So we can not discuss the question of terrorism without taking into account the cyber terrorism. Both terrorism and cyber terrorism carry a threat to various states, organizations, groups of people and etc., but when the terrorism uses as a battle-field all accessible variants, cyber terrorism is only in the network. There is no doubt that cyber terrorism and terrorism have similarities but it also has a lot of differences. The ...

Meaning of Chapter 7 liquidation and Chapter 11 reorganization

Chapter 7 liquidation entails a bankruptcy proceeding whereby a company or any other business organization closes all its operations and completely get out of business. Essentially, liquidation involves converting sellable company’s assets into cash. Therefore, Chapter 7 liquidation is a procedural undertaking which involves appointing a trustee to liquidate or sell the assets of the company that has been declared bankrupt, and use the proceeds from that liquidation to clear the debts owed by the company. The Chapter 11 of federal bankruptcy law is a legal proceeding in which companies are required to reorganize themselves. Reorganization of companies ...

Introduction

The debt and equity financing are the basic choices of raising money for a company or growing business (Kokemuller, 2016). However, organizations usually have options for seeking debt or equity financing where the option most rely on the source of funding that can be accessed easily by the company, its flow of funds, and the importance of maintaining control of the firm to its principle owner. Therefore, the debt to equity ratio will indicate the figure of the company’s financing that is proportionately given by the debt and equity. This essay illustrates the strengths and weaknesses of debt ...

out from the fitted line. Now, tliers that spreads out from the fitted line. Now, in R&D with the symbol s

Executive Summary SunEdison is a renewable energy company. Its revenue comes from semiconductor wafer manufacturing, solar energy business and TerraForm Power (wind power and global business). The company has recently filed for bankruptcy due to poor operational performance and its inability to serve its $11 billion debt. Luckily for the company, first and second lien holders have provided the required capital to continue operation. Overall, the renewable energy market is growing at a very high rate. However, due ...

An Analysis of Merger & Acquisition Strategy

Introduction There has been a major fall in the oil prices in past two years from 2014-2016. The decline in oil prices has led to a major impact on the energy sector making it difficult for energy producer companies to survive. However, despite the falling oil prices and damp prospects, there has been a major announcement of merger and acquisition that touched the $300 billion dollar mark in 2016, while the deal announcements in 2015 were in the tune of $3.2 trillion across the globe. Most of the surge in the energy sector is attributed to some of the ...

Abstract

The given case study discusses the rise and fall of Nortel Networks Corporation, which was one of the world’s largest telecommunication corporation. Nortel was a Canadian global organization that was at its peak in the early 2000s and apparently, it botched due to inefficient echelon management, inflated earnings and costs, dysfunctional directors’ board, as well as, illusion of constancy and stability. Although there were numerous possibilities that could have been adopted to prevent the fall and demise of the company; however, those roads were unfortunately not traveled. Nortel’s downfall began when it fails to live up to ...

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Introduction

The failure of Enron due to unethical practices had served as a lesson for the entire world. Firstly, it was first of its kind and secondly, there was a chain reaction of wrong actions to cover up smaller misdoings. Every field of study tried to find out the real reasons of failure of Enron as a corporate. Some claimed it to be financial failure, some as leadership failure, some as cultural failure and some as corporate governance failure. This case is one of the basics to understand corporate social responsibility and implications of failure to ...

Ratio Analysis

Ratio Analysis Ratio analysis is the crucial part of financial analysis in general, that allows assessing the company’s financial health from different aspects. The aim of this report is to conduct the ratio analysis of Franklin Community Hospital financial statements, including four main groups of ratios: liquidity ratios, profitability ratios, activity ratios and capital structure ratios. However, just calculating the ratios is not enough; the analysis would be incomplete without comparing the results to the standards. Thus, the report contains the calculation of the ratios, discussion of the dynamic and conclusions regarding the financial performance of the hospital.

Liquidity

...

Business

2016-07-23

Introduction

This paper is devoted to the issue of the companies of Elon Musk and Tesla and their compliance with the Moral Compass (Elon Musk’s Empire, 2016). The chosen news is related to the personal and corporate integrity. It should be noted that personal interests as well as professional interests can impact on the company. In this case, expression and defending each of own interests by the business entity can lead to a phenomenon that is called a conflict of interests. Entering into transactions with each other, every company seeks to realize selfish interests, which may not coincide ...

Briefing Paper 1

a.) The “act of state doctrine” provides that a court in the United States, cannot pass judgement on the actions of a foreign government taken within their own country or territory that it has jurisdiction over (Cheeseman, 2012). In essence, the doctrine bars U.S. courts from interfering in the domestic policy actions of another government in their own country. b.) Under a communist theory of the world, the government of Cuba did act ethically when it appropriately the Glens’ property. From an American perspective, the expropriation was not only ethically questionable but most likely illegal. Club Med, under the ...

1.0 Background Capital structure decisions are critical for the profitability and or growth objectives of for-profit organizations. Financial managers are given the liberty of choosing the components of their capital structure as long their maximize the value of the stock and at the same time achieve some of the core objectives of firms. Some of these include maximization of the company’s value. Managers all over the world strive to find a combination of investment with the best gearing ratio. According to Huber (2011) excessive use of debt financing could lead to too much of the firm's profits being ...

Business News Research Assignment BAM107Winter 2016

Section:

Trump Taj Bankruptcy left many contractors angry Summary of Article: The Wall street journal article evaluates the action of the Donald Trump as a business man filing for bankruptcy following the completion of the construction of the Taj casino in Atlanta in 1990. While it is not unlawful to file for bankruptcy in the U.S, Trump took advantage of weaknesses in the bankruptcy law to deny the various contractors that worked on the project the opportunity to earn an income. His action therefore raised ethical concerns. The article seeks to evaluate the role that ethics plays in the ...

Many people got used to understand the bankruptcy as process over. This term is associated with lesions in the business market. However, very few people know that bankruptcy may be a unique tool for solving various problems. For example, the bankruptcy procedure can successfully carry out the liquidation of the legal entity. Therefore, it is possible to identify a number of objectively positive and negative aspects of this method of the “disappearance” from market. Advantages of this procedure include (Elliot and Elliot 64): Bankruptcy is the only currently legitimate way to relieve the company from debts before the ...

The competition is a prerequisite and characteristic feature of the market. After all, if the basis for the functioning of a market economy put the domination of private ownership of the means of production, which, in turn, acts as a guarantee of freedom of choice for entrepreneurs in their activities, and certainly there is competition between them. The word competition comes from Latin and means to flee together to compete on some other career. This competition is crucial for establishing market prices, which are the main feature of a market economy. Competition (in the economic sense) - the rivalry ...

LEGO Group is a toy manufacturing company which dates back to 1916 when Ole Kirk Kristiansen started a wooden toy store in a rural Danish village of Billund. LEGO has a widespread market in Eastern and Western Europe, Asia, and in America and was ranked among the top ten Toy Industries in the world before it started to slump in the late 1990s. After a series of poor performance in the market, LEGO Group hired a thirty-six-year-old; Kudstorp in 2004 to fix the financial challenges the company was facing at the moment. This paper aims at looking at some ...

Basic Facts of the Case

The Ethical Issues Involved Under utilitarianism, the GM bailout was certainly ethical because it focused on the maximization of the overall good of the company, the people, and the government. However, when one keenly scrutinizes justice and rights issues involved, there is contention with the bailout. The executives of General Motors were allowed to enjoy the organizational profits for the longest period with the taxpayers bearing the losses. Economist Joseph Stiglitz wrote the debate about whether or not to bail out car manufacturers had been mischaracterized, and that the profits were privatized, and the losses socialized. According to him, ...

Background

ConsoE has recently acquired Expeer, an electrical company based in Austin, Texas with 15,000 employees. Expeer’s benefits package for its employees has traditionally been extensive and comprehensive when compared to what ConsoE offers. A tactical plan to communicate the change in benefits structure for the incoming former Expeer employees is crucial to help them understand and adjust to the new order.

Issue Identification and Root-Cause Analysis

The employees of Expeer get very high benefits that are significantly different from what is offered by the Consolidated Electronics. The benefits include a fully paid ten different health insurance plans, a 401k plus 3% match ...

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 ...

General Motors is one of the world’s major automobile manufacturing companies with well-accepted brands such as Chevrolet, Buick, Opel, GMC, Holden, GM Daewoo, Wuling, Vauxhall and Cadillac. The company’s largest markets are the United States, Brazil, the UK, China, Canada, Germany, and Russia. In 2009, the Japanese automobile manufacturer Toyota exceeded the number of vehicle sales for GM to become the leading auto manufacturer in the world. This success can be credited to a number of factors among them the Kaizen concept which is essentially a company culture observed at Toyota (Helper & Henderson 2014). This trend is ...

Ford Motor Company is one of the leading automakers that is based in the USA. The company was founded by Henry Ford. Henry Ford made his first automobile in 1896 using four bicycle wheels and a four-horsepower. The gearbox of the car has only two gears; both forward gears and no reverse gear. He horned his skills for making vehicles over the years. In 1901, he developed a 26-horsepower racecar that become victorious. After that, he decided to develop his own automobile company in 1903. Ford Motors was incorporated in 1903 with only 12 shareholders who had 1,000 ...

The biggest scandal of the early 21 th century was that of "Enron". The financial collapse of US energy giant happened with the participation of offshore companies. In the 90s the company began to trade, not only gas but also electricity. The Corporation has entered the stock market, which allowed it to have room for financial maneuvering. "Enron" was the largest trader in the electricity market in 2001 and reached TOP-10 in the "Fortune 500" list. Naturally, there were close links with major policies - it is the "Enron" has become a sponsor of the longwall-George W. Bush in ...

Question 1) What were the Reasons for failure:

a) How did the sale team perform its job? In particular, with regards to Risks? The sale team of the INGEPP company turned out to be rather irresponsible regarding its risks and financial guarantees. In fact, they signed an agreement between the IMP and INGEPP excluding risks, the penalty policy and sanctions. In fact, all the negotiations were made by phone and fax, that is not a business communication. When the two companies faced difficulties (IMP's inability to pay in full, and INGEPP`s need to postpone production), both parties came to a verbal agreement. However, an oral agreement ...

Management Control

1. What is the CSS mission and Vision ? How can we transform the vision to outcome ? The CSS mission involves being in a position to apply both scientific alongside technological advancements with a role to create a healthy, safe and a future that is environmentally sustainable. Its vision lies in the fundamentals of the continually in fostering development, both of an innovative, economically healthy alongside a company driven by quality. Such that it is in a position to offer a rather comprehensive environmental and safety, health alongside support scientifically in its services. To achieve this vision to ...

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 ...

Introduction . 2

Analysis .. 3 1) Structural Characteristics . 4 2) American Apparel mission statement 5 3) Organizational Structure .. 6 4) Porter’s Competitive Strategy . 7 5) The External Environment 8 6) Stages in the lifecycle, size, and control system .. 9

Recommendations and implementation plans 11

References . 12

1.Executive summary The issue that the American Apparel’s organization is facing is that they have a very unique strategy to run the business more effectively than its competitors; unfortunately, this strategy did not meet the external environment needs. Therefore, they had to lay off hundreds of workers and retooling its production process in ...

General Motors, also called “GM” in this piece, is an American corporation that is responsible for overseeing a number of automotive and vehicle brands. In total, GM is responsible for thirteen different brands: these brands are Alpheon, Cadillac, Vauxhall, Chevrolet, Buick, GMC, HSV, Wuling, Baojun, Jie Fang and Ravon (General Motors, 2016). Not all of these brands are available in every country served by General Motors; many of these subsidiaries are available only in particular regions or regional locales. As is traditional in the modern multinational corporation or conglomeration, the company has headquarters in one location, and each of ...

Executive Summary . 3-4

History .. 4-5

Strategic Elements 5-6

Critical Events .. 6-7

Leadership 7-8

Mission and Vision Statement . 8-9 External Assessment 9-13 Analysis of Competitive Position 13 Internal Assessment . 13-17 Current Strategy 18 SWOT Analysis 18-21 BCG Matrix . 21-23 IE Matrix .. 24-25

Possible Strategic Alternatives 25-26

Evaluation of Current Organizational Structure .. 25 Recommendation Changes .. 25-26

Situational Analysis . 26-29

New Turnaround Objective .. 29

Proposed Measures . 29-31

Funding this Turnaround Effort 32-33 Financial Projections 33-34 Conclusion 34

References 35-36

Sears Holdings Corporation Executive Summary Sears Holdings is a major brick-and-mortar retailer in both the United States and Canada. As such, it sells a wide variety of products, including appliances, consumer electronics, apparel, tools, sporting equipment and ...

Introduction

Throughout this discussion, we will analyze the history of life insurance companies, any major events which impacted the life insurance industry, including the Great Recession of 2007 which lasted for two years, rules or regulations proposed by Congress that govern the present operation of life insurance companies, including any changes of insurance laws, the current Presidential candidates plan on implementing for the life insurance industry and future expectations of the operational life insurance environment.

History

The life insurance industry began in the ancient city of Rome around 100 B.C. The Roman militant leader named Caius Marius, had created a certain ...

Description of the American Apparel’s Corporation

American Apparel is a leading basics brand for young adults and people of all ages, with both wholesale and retail divisions globally. The company was founded in 1989 by Dov Charney, a Canadian man with an interest in vintage American clothing and is known for cutting-edge advertising and product branding. Its operations adage “made in downtown LA” has contributed to significant brand awareness and a cult status worldwide. It is the largest sewing facility in North American with 5000 to 10000 employees. For American Apparel, many factors of the external environment pose a threat to the company, however, with ...

Introduction

Business restructuring refers to the process of reorganizing or reshuffling the ownership, management, the operational, legal, administrative, technical, and financial structure of a company. The restructuring may stem from the need to enhance the profitability, competitiveness, and placement of the organization in a particular industry. Restructuring usually takes place before the sale, merger, and acquisition of the business but there are several other motives of restructuring. Competitive advantage and financial gains are the two most prominent causes of restructuring apart from mergers and acquisitions. Organizations have to plan in the context of restructuring and devise a grand strategic plan ...

The paper highlights the scandal of Enron and three prominent issues of Enron which led to the collapse of Enron. Enron was energy, commodities, and services company based in Houston, America. After reaching an incredible height of success, Enron Corporation collapsed because of bankruptcy. The policies implemented by Enron backfired and proved to be fatal for the company,as the company crumbled down. The deregulation of Enron was one of the reasons for its doomed fate since Enron was involved in maintaining agency’s earnings reports for investors. Enron did the reporting in a vague manner, hence hiding the ...

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 General Motors Company has been in the automobile industry since 1908 through which time it has diversified its operations to over 140 countries. The company produces thirteen different brands of motor vehicles including Chevrolet, Opel, GMC, Holden and Cadillac which are popular brands in the market. The diversity of the company required management to subdivide it into five different segments, including GM North America, which operates in North America, Opel Group situated in Germany and GM South America. The financial status of the company is tackled by the segment of GM Financials while GM International Operations handles the ...

Describe civil and criminal penalties that might arise from Ima’s death

Under the provisions of the Occupational Health and Safety Act (OSHA) 1970, all employers are responsible for creating adequately safe working environment (Pinnington, Macklin & Campbell, 2007). The possibilities of employee contact with uninsulated wire is a situation, when life of this employee becomes jeopardized, as well as there is a possibility of getting serious bodily damages. In this case, the affected employee, or the family members are entitled to claiming general damages from the employee. Furthermore, because the omissions of Walexron are conspicuously blatant (uninsulated wire obviously poses a huge hazard to the employee and visitors of the facility) ...

Chapter 2: Literature Review

Introduction The chapter consists of all the relevant information that can be collected from past studies and are combined to present a clear view. It is the initial for determining the factors that can be used to synthesize the overall study through findings and discussion. The positivist approach is used to collect and summarize the information from the previous studies and determine the model that can be used to conduct a viable study. The positivist approach emphasizes all the relevant information regarding the topic that is to compare Islamic and Traditional banks using data envelopment analysis. The theoretical framework ...

Abstract

Health Insurance is a form of insurance where an individual is insured against the risk of paying medical expenses in case they are in need of various types of medical care. Health insurance may not appear beneficial especially when a person stays for many years without becoming sick or requiring any medical care attention. However, it is clear that health insurance is necessary for every individual as it comes with numerous benefits. These benefits include protection from running into a financial ruin, access to preventive and primary care services, access to follow-up care services, eligibility to options for offsetting ...

Environmental Scan

Under Armour is a sporting apparel manufacturer and wholesaler for women, men and youth. Their products feature special moisture-wick fabrics engineered in a diverse range of styles and designs for the performance athlete in any climate and at any age. Under Armour's products are worn by athletes at all levels including professional as well as consumers living active lifestyles. In 2015, Under Armour grew approximately 20% in revenues from year prior, generating global revenues of $4..9 billion and maintaining an operating income of $503 million.(Mann 2016) The majority of its net revenues are generated from wholesale sales of ...

STEPP

References CNBC. US energy bankruptcy wave surges despite recovering oil prices. CNBC. Retrieved from http://www.cnbc.com/2016/05/13/us-energy-bankruptcy-wave-surges-despite-recovering-oil-prices.html Engber, D. (2016). The Ultimate Trader Joe’s Shopping Hack: Don’t Shop at Trader Joe’s. Slate Articles. Retrieved from http://www.slate.com/articles/life/food/2016/02/the_ultimate_trader_joe_s_shopping_hack_don_t_shop_at_trader_joe_s.html Food and Agriculture Organization. (2003). Subsidies, food imports and tariffs key issues for developing countries. FAO. Retrieved from http://www.fao.org/english/newsroom/focus/2003/wto2.htm Frost, A. (2015). The Truth Behind Trader Joe’s: What You May Not Know About TJ’s Brand. groundswell.org. Retrieved May from http://groundswell.org/the-truth-behind-trader-joes-what-you-may-not-know-about-tjs-brand/ Nielsen (2012). Nielsen Global Shopping Report 2012. nielsen.com. Retrieved from http://www.nielsen.com/content/dam/nielsenglobal/au/docs/reports/nielsen-global-shopping-report-2012.pdf Nielsen (2015). The Future of Grocery E-Commerce, Digital Technology ...

2.6. Financial Analysis AP Moller Maersk is one of the renowned company in its industry and has been known to provide sustainable returns to the investors. However, the main aim of the financial analysis is not only to provide analysis relating to the company’s profitability, but also to provide an exploratory analysis and evaluation of the performance of APMM. More specifically, the analysis is based on four key qualities affecting the market value of a business, assessed by using traditional financial indicators. The analysis evaluates performance of APMM in liquidity, profitability, leverage and activity over the past 5 ...

The aim of the project is the implementation of ethical influence concepts of a practical example. For this purpose, Enron has been discussed in the current assignment. The company faced bankruptcy in 2001 because of the unethical behavior and negative politics of its leadership. The top leadership of the company abused its power and manipulated the information.

Why did it happen?

Enron is a big example of unethical utilization of power, misbehaviors, moral failure, and unethical executive practices. All these mistakes of Enron led the company towards bankruptcy. There are five ways; power comes from that include coercive power, reward power, legitimate power, ...

Delta Airlines

Delta Airlines began its business as a crop dusting company in the early 1920s with guiding principles that defined the organization to include ownership of values and setting up a system that guided the organization. The owner of the company, Mr. C.E. Woolman believed that integrity was of importance as well as being successful at whatever was attempted. This set the guideline for the company that is still present (History of Delta Airlines, 2016). The company has managed to be successful through many changes within the airline industry to include rising fuel prices, air fare wars, and the filing ...

Strategic Reorganization

Hedstrom Plastics headquartered in Ashland, Ohio is one of the largest manufacturers of rotomolding plastic (Official Website, n.d.). In the recent past, the company has been filed for bankruptcy on the basis of two potential factors i.e. declined sales and reduced profitability (The New York Times, 2012). The company can overcome these issues by changing its approach to sustainability. The plastic is used mainly for the manufacturing of toys. During its process of production, the plastic is placed in an oven for the purpose of molding. The company has already cleared its intention to sustainability by replacing fossil fuels ...

The 1920s was known as the Roaring Twenties in the American history because of changes in the social norms, and the country experienced a strong economic boom (Kennedy: 2). During the time of widespread economic gain, the application of fair value in accounting and lack of regulation in security markets left the investors at great risk. That is the reported figures of stock prices had no information justifying their values. Similarly, financial institutions such as banks were lending recklessly with no guarantees to their clients. Consequently, the gap between the rich and the poor in America increased steadily (pbs.org). ...

Project Name

Introduction According to Biegelman and Bartow (2012), business entities after the Great Depression have streamlined their efforts towards identification and seizure of any potential business opportunity in a bid to emerge stronger and resilient. Some employees in these companies have however opted to engage in some fraudulent activities and this has stimulated the regulation authorities to beef up their investigations and enforcement mechanisms to curb the increasing rates of corporate fraud cases. Adelphia Communications Corporation was a successful business in the US founded by John Rigas, a son to a Greek immigrant. He was assisted by his two sons ...

Introduction

Amazon is an organization that started in 1994, as the earth’s biggest bookstore. The company in 1997, via IPO, raised $50 million. In 1999, the business explored new business models, marketplaces, and auctions. In 2000, after the fall in GP, the business shifted towards traditional retailers. The objective of this paper is to analyze the case “Amazon.Com the Brink of Bankruptcy” presented by Lynda M. Applegate in 2013. For the attainment of the purpose, the paper has been divided into seven segments. Each segment presents worthwhile information.

Financial statement analysis refers to the evaluation of the profitability, stability, ...

Introduction

Since the end of the Great Wars, the US hegemony has remained superior than other countries and it was clear no one would be able to challenge their dominance in the fields of politics and the economy. Many countries often seek the advice of the US in terms of their political and economic reforms and seek aid to ensure their continuous growth. When there are major conflicts, the US is considered by many countries to act immediately due to its role as a world police. Considering its role in the international arena, many believed that the US would remain ...

In the case study, it is pointed out that all through the late 1990s, Enron Corporation was nearly universally regarded as being among the country’s most innovative corporations (Li 37). The company went on building power plants and operating gas lines; however, it turned out to be well known for its exceptional trading business. Apart from buying, as well as selling, electricity and gas futures, it engaged in the creation of entirely fresh markets for such eccentric ‘products’ “as broadcast time for advertisers, weather futures, and internet bandwidth” (Li 37). Enron Corporation was established in 1985, and being ...

Introduction

Since the landmark case of Enron Corporation controversy in 2001 involving the company’s bankruptcy, the public’s view of structured finance and derivatives has been tainted with suspicion of unethical exploitation. Although the legalities involving the abuse of structured finance by market participants for economic gains is still being explored, recommendations are necessary in order to minimize the impact of a market meltdown.

Defining Structured Finance and Derivatives

The term structured finance is rarely defined, but to give an example, a structured financial transaction often uses an SPE or a special purposes entity. A larger corporation uses an SPE as a subsidiary in ...

Abstract

Financial analysis is an essential tool in the hands of the manager, as it is with its help the decisions related to the company’s finances are taken. Without the analysis and grounds for making such management decisions, the firm cannot achieve the desired level of income, or the lack of financial settlement will lead the company to bankruptcy. The purpose of the assignment was to perform financial analysis of a company listed on the Bursa Malaysia. Dominant Enterprise Berhad was chosen for the completion. The Malaysia-located company turned into public listed organization with thirteen subsidiaries, operating on production ...

Financial crisis of 2008 was caused by one of the biggest managerial mistakes, and some people think that the crisis is not over yet. The financial crisis of 2007-08 was caused because many wrong decisions were made by the top managers of Wall Street banks and institutions, and government officials that tried to support the shadow banking system. Before the crisis, Wall Street banks and funds were trying to maximize their revenues, and they found some gaps in the existing regulations, which helped them trade high-risk securities with almost no limitations. Some banks and funds have invested billions into ...

Activity 1 Answer

There are various disasters that affect the operation of small businesses in the world today. Firstly, property loss is an example of a manmade threat that affects business operations. It involves loss through theft by employees. It occurs when the business lacks enough security systems to monitor its assets. It is a big threat that may lead to the closure of the business in the long run. Proper inventory management is vital in assisting small businesses to overcome loss property threat. The business also needs to have adequate coverage that helps in determining the loss effects of the business ( ...

Company Background

Brief History General Motors is one of the companies that played a pivotal role not only in the development of the US auto industry but also in building the economy of the country over the past 100 years. The company is one of the largest manufacturers of cars in the United States and in the World, operating manufacturing and assembly plant as well as distribution centers in the US, Canada, and other states. The company was founded by Willian Durant back in 1908 when he invested USD$ 2000 in incorporating the company in New Jersey. The first fortune of ...

Higher education has impacted the middle class by opening doors to more employment opportunities, which in turn has allowed many of the middle class to move up into higher income brackets. One of the downturns of higher education, however, is that more middle class Americans are finding themselves in non-dischargeable debt. Overall, the expansion of higher education has been a boon for the American middle class by giving them access to more resources, though at a price. More than at any other point in history, people are going to college to obtain higher-education credentials. This has broadened the professional ...