Essays on Financial Structure

Introduction

Capital structure refers to a company’s alignment of the long-term and short-term debts, common equity and the preferred equity. The term also include the analysis of how the company decides on how to allocate the cash flow into various components including a portion that is allocated to meet the financing needs of the debt capital and the other portion that is allocated to the shareholders as part of the dividend. Capital structure is a subset of the financial structure. Financial structure refers to the relative proportion of the various sources of finances that are used in the business ...

Financial management is effective management of monetary resources of the organization. It helps the organization to plan, organize, direct, monitor, and control the financial activities efficiently and run the operations smoothly. I have learned different concepts of financial management in the class. I have learned that financial ratios play are useful in accessing the business performance and provide information about the company’s financial situation. The application of financial ratios allows examining the financial structure of the organization and comparing it with other competitors. I have understood that it helps the financial analyst to implement different strategies and improve ...

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 ...

Five Below, Inc. is a retail chain belonging to the specialty retail industry which was incorporated in Pennsylvania, USA in 2002. It offers “dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise” ("Overview | Fivebelow"). Five Below’s products range from sports equipments, styling merchandise, small décor items, craft works to candies and party items. It largely targets customers who are teenagers or pre-teens. Since the company’s inception, it has expanded its business to almost all regions of the United States and has been successful in opening more than ...

. According to Frayn Florence was one of the main sources of the renaissance (9). The city was armed with wealth that was created by a strong trade of Wool and an efficient banking system. In essence, Wool industry in Florence Italy was known to uplift many banking institutions for many years in Italy for many decades. The investment made on the textile industry specifically from wool carried over 10% of the industry. Beyond any doubt if similar to Weber or Sombart, one wishes to describe the period as a sort of financial structure, in correlation with the kind displayed ...

Liquidity Analysis

The liquidity data for the firm is shown below: The current ratio is a test to see if the most liquid assets of the company are able to cover for its short term liabilities if they should all fall due together. Its formula is current assets divided by current liabilities. Thus the current ratio is an indication of whether or not the firm is able to meet its short-term obligations (Stickney, Schipper, Weill and Francis 2012). From the data above, one can see that in the past five years, the company has indeed been able to cover for its ...

An organization’s financial structure is the mix of debt and capital employed by the management for purposes of financing its activities. In the healthcare sector, there are three main categories of organizations that provide health services. These categories are for profit, not-for-profit and government organizations. The categorization is based on organizational ownership and motive. Each type of organization has its own unique financial structure which is attributable to the financial environment it operates in. This paper examines three specific organizations, one in each category, and describes the financial structure, practices and policies unique to the category.

For-profit organizations ...

Abstract

Capital structure is a really important concept in the realm of financial management. Capital structure theory requires the management to search for the alternative sources of funds in an attempt to finance the various business operations and growth phenomenon. There are two main sources of capital around which the companies structure their capital financing, being debt and equity. This academic essay is an attempt on the part of the writer to discuss the phenomenon of capital structuring in detail. In lieu of this, the theory of capital structure is investigated in detail with an analysis of Modigliani and Miller model ...

Abstract

Excel Academy is an Educational Institute provides K-12 Level Education in Qatar. The Academy found high devoted in enhancing the level of education within the region. The computation of financial and non-financial aspect is showing that the company will be having a tough time in the upcoming section of two to three years in the future; however the company can overcome on all of the problems soon with the help of perfect strategies and recommendations mentioned in the assignment.

Introduction

Budgeting is an important and valuable thing that associated with the core economic and financial position of an organization (Kippenberg, Kuiper & ...

The report is being made with the objective to understand the ongoing trend in J Sainsbury Plc from 2009 till 2013. However, to facilitate in-depth analysis, we have bifurcated the report in two parts with Part 1 dealing with trend discussion relating to financial structure, investing decisions and change in dividend payments while ach of the discussion will be validated using the financial notes or through calculation of ratios. On the other hand, Part 2 is related to discussion over the change in remuneration package of the executives since 2009-2013 and how it related to the agency theory.

Part 1: Trend Analysis using Ratios:

Change ...

Financial Structure: Caterpillar Inc v/s Union Pacific Limited

About the report: In this report, we will compare the source of funding and financial position of two companies, i.e. Caterpillar Inc and Union Pacific Limited. The purpose of this report is to find out the difference between the financial structure of the two companies.

Union Pacific Limited:

Referring to the balance sheet of the company and accompanied note 14 of the financial statements, we notice that at the time of its latest annual reporting, the company had a mixed proportion of debt and equity in its capital structure.

Debt Position:

As for the debt position, the company had the total long term debt ...

The Global Financial Crisis (‘GFC’) had a very dramatic impact on the domestic economies of a number of global nations, in a plethora of ways, typically replicating the fiscal and financial health of such nations. United Arab Emirates (UAE) was one such nation that had a serious impact of the GFC and since then the myriad challenges posed by the capital markets has been an interesting area of focus for the Middle East. UAE is one of the oil rich economies of the Middle East. During the initial and developing years of the last century UAE discovered new abundance and wealth from its ...

Introduction

During the age of Frederick the Great, 1740 to 1786, Western militaries used similarFrederick’s time, the West applied military tactics and that swept away the most obvious approaches to military organization. These Western warfare techniques and tactics throughout the west. It provoked several decades of furious debate over the extent and nature of the changes in the 16th century warfare. There were several aspects of warfare during the age of Frederick the great. According to Geoffrey Parker, “five essential aspects of Western warfare remained constant for centuries always including a combination of superior technology, high discipline, aggressive traditions, rapid ...

“No one said that business was going to be easy” is a common statement in the business world. The essence behind this statement is the actuality that business success is not a guarantee. There are possibilities of failure due to different reasons, emanating from both the business process and the external environment (Childs & Dietrich, 2002). Such risks are different when compared along the lines of frequency, likelihood of occurrence and severity. Below are eight risks that most organizations are prone two. These are analyzed in light of a modern organization operating on the global scene as one among the largest retail corporations, ...

"Too big to fail" (TBTF) term was formally used by the famous congressman of United States of America named Stewart McKinney in the year 1984 during a congressional trial while talking about the Central Insurance Company's involvement by Continental Illinois. The TBTF is a term in explaining several monetary organizations, which are quite large and interlinked in such a complex way that any sort of their failure or loss is generally considered highly threatening to the economy; therefore, these organizations are required to be supported by their government whenever they face any issues especially in terms of their finances. In the past, ...

Introduction

"Too big to fail" (TBTF) is a term in explaining several monetary organizations, that are quite big and so much interlinked that any sort of their failure or loss is considered highly threatening to the economy, so these organizations are required to be supported by the government whenever they face any such problem. The TBTF term was initially formally used by a famous congressman of U.S. named Stewart McKinney in year 1984 during a congressional trial while talking about the Central Insurance Company's involvement by Continental Illinois. This term was in past used informally in press. The main cause of TBTF issue ...