Essays on Reserves

Aboriginal peoples and communities are among the first inhabitants of Canada and are thus considered as one of the founders of Canada. Aboriginal peoples already had legal systems and governance structures even before European settlers arrived in Canada. With the advent of European settlers, Aboriginal peoples were forced to either assimilate to the foreign systems and culture or ignore the immigrants and keep their culture. The latter, however, resulted in conflicts between the European settlers and the local Aboriginal communities. Such conflicts were settled through the signature treaties. However, the signing of the agreements did not guarantee that the ...

Introduction

The financial crisis of 2007/9 was the worst in the U.S. since the Great Depression of the 1930s. It was the cause of the failure of some of the biggest financial institutions including Washington Mutual which was closed in 2008, and its assets transferred to JP Morgan. In 2008, the crisis reached its peak with loans dropping dramatically to the lowest levels to be witnessed in a half a century. For example, new loans to large borrowers fell by 47 percent in the fourth quarter of 2008 as compared to the previous quarter and by 79 percent relative to ...

Impact of Policy Changes on Financial Stability of Commercial Banks in India

Paper Due date Abstract The study envisages financial stability of Indian Banks, especially schedule commercial banks, in the backdrop of macro-prudential policy changes. Banks are put under microscopic vision in terms of performing as commercial units while strictly adhering to the policy norms. The effect of regulatory and supervisory policy changes can be evidently seen in stressed performance of banks in the recent years, in-spite of growth in their retail portfolios. The policy changes of increased provisioning for NPAs, improvement in asset account quality, revised guidelines for Net Stable Funding Ratio, restructuring of large accounts and many more have ...

In the research, the broader question that will be the foundation of the study is “Why did the U.S. invade Iraq in 2003?” However, the narrower question that was derived from the broad topic concerns the role of geopolitics in the Iraq invasion. For this reason, the question that the research topic will seek to answer regards geopolitics in the U.S. and how this political concept contributed to the attack. The research question will first define geopolitics. Collin described geopolitics as the concepts of space, scale, network, territory, region, and place that influence international politics (17). Also, the author ...

The paper provides reading response of two studies entitled as “Taming the Jungle, Saving the Maya Forest: Sedimented Counterinsurgency Practices in Contemporary Guatemalan” written by Megan Yabrra and “Bio-ironies of the Fractured Forest: India's Tiger Reserves” by Paul Greenough. Megan Yabrra conducted a study to identify the importance of historically sedimented military practice for protection in the contemporary Guatemala. The author argues that the military has tamped dangerous jungles for managing its counterinsurgency campaigns. The military has used forest and jungle discourses for achieving success in their territorial projects. The author argues that the use of jungle has violated ...

The development of human society is inextricably linked to the use of our planet's natural resources, with the consumption of various types of energy in ever-increasing scale. All the achievements of modern civilization - a huge variety of goods, different in speed and comfort, transportation, space travel, etc., are possible thanks to the huge amount of artificial energy, which produces humanity. The basis for the production of thermal and electric energy is the process of burning fossil fuels -coal, oil, gas. The scale of the production and consumption of fossil fuels, metals, water, air for the production of essential ...

The issue of conservation has been dominating the agenda of environmentalists in the recent decades, and the two articles under consideration provide insights into adverse and side effects of forest conservation and establishment of biosphere reserves. Generally, Paul Greenough discusses advantages and flaws of biosphere reserves and protected area networks that have been a crucial purpose of conservationists. The author argues that enclosing new territories of forests into protected areas and reserves allows not only for survival of animal and plant species but also for blossoming criminal activity. Providing examples of Mexican biosphere reserves and India’s Project Tiger ...

Macroeconomic and Account Balances

India is seen to react rapidly to volatility in the global economic environment as concurred in the modifications of the macroeconomic policies when the North Atlantic financial crisis occurred (Kapur and Mohan, 2014, p.1). However, India’s policy changes is perceived by Kapur and Mohan (2014, p.1) to be temporarily stimulating to the local economy since the expected growth will gradually slowdown. But the additional effect is that inflationary and BoP pressures remain constant, which can either by improved or worsened by the domestic policy bottlenecks (Kapur and Mohan, 2014, p.1). This was seen during the financial market volatility ...

(Student’s Full Name) The problem that Robin Hood faces is his need to conclude his crusade against the High Sheriff of Nottingham by getting rid of Prince John, who his is most powerful ally. This is the problem because Robin Hood needs to kill the Sheriff before he gets the resources to kill him. In addition, Robin realizes that the Sheriff is “growing stronger” and “better organized” and will use this strength and organization to undermine him and his band of men (Lampel, 1985, p. 1). Furthermore, the Sheriff has the “money and the men” and were starting ...

Introduction

Earnings or Net Income is the single most important figure in a company’s financial statement for the average investor. Even a small fall in the reported earnings can result in the loss of millions of dollars in stock value and subjects company managements to scrutiny by investors and financial analysts. Corporate executives are under therefore under pressure to meet market expectations resulting in “earnings management”. Earnings manipulations can range from minor adjustments within the law and the accounting standards to the outright fraud of showing non-existing profits (Carruth, 2011). The Sarbanes- Oxley (SOX) Act of 2002 was enacted ...

Abstract

In this document, strategic analysis of the two selected industries from the London Stock Exchange for the period January 2015 to December 2015 is presented. 530 and 570 that are Pharmaceutical and Energy Exploration Sector. The second part of this report shares analysis and interpretation of the monthly capital using descriptive analytic and trend analysis. Moreover, business forecasting is done using regression analysis. After seeing the trend lines for market capitalization of the both sectors, it can be seen that the pharmaceutical industry had relatively higher market capitalization average during the period. On the other hand, the market capitalization ...

1. Misconceptions Money generation remains central to economic activity. The process of how money is generated / created and destroyed is not, in fact, readily understood and is subject to numerous misconceptions. If anything, main conceptions about money creation and destroy assumes a linear conceptualization mode. Typically, money is widely – but mistakenly – believed to be created and destroyed by a direct relationship by which an owner places money deposits in a financial institution which, sooner or later, lends money to borrowers and hence creates more money. In modern era, particularly in a global financial system in which financial transactions ...

The two thousand and eight financial crises resulted in significant economic turndowns. Before it began in two thousand and seven, prices of housing rose, new investment options emerged, and risk diversification increased. Following the crisis, house prices fell by huge percentages. It exposed economic weaknesses of the United States. Additionally, it led to an increase in the unemployment rate by ten percent (Mishkin, 2011). Approximately, nineteen trillion dollars of household wealth were lost. Lehman Brothers collapsed in two thousand and eight affecting the global financial system. Taxpayers had to bail out various banks to stabilize the system. This paper ...

Business Model for Sustainable Housing in Saudi Arabia

Business Model for Sustainable Housing in Saudi Arabia

Housing is a vital component of the built environment since it has a great role as far as the sustainable development of cities is concerned. In Saudi Arabia, the sustainable need for housing together with growing demand for energy are some of the things that will make it possible for the country to suffer in the next generation. Moreover, in the years to come, the energy prices will increase, hence encouraging people to consider sustainable housing because of the benefits attached to it. The sustainable housing will be in a position ...

In my opinion, the most important problem of today is the lack of fresh water. Global freshwater resources are threatened because the need for it has been increased in the variety of areas. More and more people need more water (demographic reasons). Thus climate change is likely to contribute to the occurrence of droughts (climate cause). Fresh water is 3% of the total water volume. Approximately 75% of the world's fresh water is contained in glaciers and icebergs; almost all of the remaining water is mainly located in underground aquifers (Rinkesh). Only 1% of water supplies is readily accessible ...

The energy transition law was the result of long debate related to the industry. The law was passed to provide more care of the environment by taking different issues related to the environment into consideration. The environmental issues were common in the European nations and the law was passed with the view of having some solutions. The law focuses on carbon emissions and reducing other types of problems related to the environment. The law has been passed after a long debate, but it still has some areas with weak ground that requires improvement in order to make it more ...

The Industrial Revolution began in England in the late 18th century, spreading all across Europe before it finally reached North America and Canada at a later date. The late arrival of the revolution to the colonies was, at least in part, due to the distance between them and the countries of Europe. We can, however, also demonstrably say that the slowness of the revolution in Canada at least was due to the sheer distances involved in the colonies themselves. This paper will examine the industrial revolution in Canada, moving from general terms to specific ones, in order to show ...

Prada: To IPO or Not to IPO

In the current scenario, Prada is facing a debt repayment problem which is expected to be due in the next twelve months. To resolve this issue, the management and the financial expert are considering an IPO to raise funds to repay the long term debts and to invest in the Asian markets. However, before making any decision the management must consider few financial signals to resolve the issue effectively and efficiently. One of the main information given in the consolidated statement of financial position is that the overall long term debt of the Prada group is 303.4 million Euros ...

Imperial Oil is a giant Oil and gas producing company based in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has employed profitable strategies which stimulated its growth since its establishment in1880. Its operations include exploration and extraction of oil and gas, manufacture and distribution of petroleum products, production of chemicals for industrial and domestic use through innovative and sustainable technology. It has been paying dividends to its shareholders for 21 consecutive years. The success of IOL can be attributed to the efficient deployment of its resources, capitalizing on its strengths and using the ...

Saudi Arabia is the world's largest exporter or crude oil, with the country exporting 68% the product to the Asian market. The nation enjoys a market share of 40%, enabling the government to fund a significant proportion of the budget from oil revenue. Consequently, Saudi Arabia was able to accumulate vast financial reserves in the years preceding the current low oil-prices when the price per barrel stood at $120 (Baumeister, & Kilian, 2016). However, the state of affairs has changed in the last couple of years following the drastic decline in oil prices. As a result, the country has experienced ...

Introduction

Tourism has many definitions, which include traveling for pleasure purposes. Tourism, according to World Tourism Organization, is defined visiting and staying places away from our normal environment for a period exceeding one year for leisure or other business purposes. Tourism can be either domestic or international where implications are on both the host and source countries. Today, tourism is among the major sources of revenue for most countries and has a great impact on the economic growth and development of nations. The hospitality services, transport services, entertainment venues, as well as goods bought by tourists are among the sectors ...

Every day the entrepreneurial market transforms or changes from the way it is. New aspects are developed in a matter of seconds making the entire business scenario different to financial institutions and companies. Amongst the changes, are factors that the firms can control and those that fall beyond their regulation known as the systematic elements. The systematic factors are prevalent in the external surrounding and a greatly influence the corporations. Hence, it is fundamental for the businesses to invest money and time in identifying the primary trends and forces in the external environment that can affect their operations. For ...

Introduction

The company known as Microsoft Corporation was developed in 1975 and it develops and sells computer software along with applicable electronics. The most well-known product is Microsoft Windows along with Microsoft Office and Internet Explorer. The creators of the company were Bill Gates and Paull Allen. They had a desire to create a company in which people could have personal computers with matching operating systems. Throughout the years, the company flourished and it is considered one of the most successful publicly traded corporations today (Kelly, 2015). The purpose of this paper is to analyze Microsoft as factors such as ...

Introduction

According to Alexander (2014), the oil sands of Alberta have around 1.7 to 2.7 trillion barrels of bitumen reserves. The recoverable oil resource in Canada is second only to that of the leading oil producer, Saudi Arabia. The vast oil reserves are capable of supplying Canada’s energy needs for over 500 years. Presently, nearly 40 percent of Canada’s oil production is generated from the oil sands (Alexander, 2014). They comprise mainly of bitumen mixed by sand and water. Alberta’s major oil sands are located in Cold Lake, Athabasca, and Peace River. Different deposits and areas have ...

Imperial Oil, founded in 1880 is a giant petroleum producing company, with its headquarters located in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has registered a phenomenal growth since its inception. Its operations consist of exploring and producing oil, manufacturing and distributing petroleum products for energy sources, producing chemicals for industrial and domestic use through innovative and sustainable technology. ( Annual report, 2016) reports a cash generation of $22 bn from operations only during 2010-2015. Its performance can be evaluated from the growing dividends paid to its shareholders in last 21 consecutive years. Imperial ...

The war, US has begun in Iraq, is one of the most contradictory topics to discuss. One says it was a huge fail of the USA, other justify this war by national interests and by widespread of democracy. But it has not only positive influence on the situation in Iraq. This war has generated even more problems than not only Iraq but world society had before it. Using the article of Larry Diamond What went wrong in Iraq we should try to define the biggest mistakes that US administration has made; identify the main problems facing Iraq and find ...

Introductory remarks

With the depletion of crude oil deposits across the world becoming a reality with every new day, the world has been forced to start looking at alternative sources of oil. One of these unconventional sources of oil is the bitumen oil found in oil sands. Canadian oil sands have been identified as the second largest oil reserves in the world after those in Saudi Arabia. Most of these oil sands are found in the province of Alberta. These oil reserves are estimated to be an approximate 175 billion barrels of bitumen and sit across an area of 140,800 ...

Strategic management

Introduction Merger and acquisition (M&A) is a very common strategy that combines two or more organizations to become a new business. It is agreement between two companies’ to combine their different resources and run operations. In merger, one company is completely absorbed by other company. The merger and acquisition are changes in control of organizations that involve combining the operations of different entities into a single organization. The horizontal merger is a common method that exists between two organizations that are competing in the same industry such as energy sector. It can increase the market share and decrease the ...

The companies of all sizes are obliged to comply with the laws and regulations of the country. All the organization should be aware of the fact that there are many different risks of infringing opposition regulations. The companies will also have to understand the procedure of developing a compliance plan that fulfills the requirements. A successful compliance plan allows an organization to reduce the risk of association in competition law infringements, and the expenditures resulting from anti-competitive activities. Issue 1:The CFP is a code of behavior for organizing European fishing fleets and for preserving the stocks of fishes. The ...

Influence of the Organization of the Petroleum Exporting Countries (OPEC) 2

Economic growth of countries outside the Organization for Economic Co-operation and Development 4 Bric: Brazil, Russia, India and China 5 Trade between non-OECD countries 5 Climate Change Policy 7 The greenhouse effect 7 Strengthening the greenhouse effect 8 Global climate change 8 Oil reserves in the world 10 Influence of the Organization of the Petroleum Exporting Countries (OPEC) OPEC long ago lost its hegemony in the world oil market but remains a major influence on prices against the formidable challenge of US oil shale. OPEC decided she decides to continue producing in abundance not to give more ground to ...

Executive Summary

Fossil fuels are the predominant source of energy for industrial and transportation consumption. It is however expected that in a few more decades, fossil fuels will have lesser role to play than non-conventional oil and gas sources and renewable energy sources. This paper presents an overview of some of the socioeconomic factors that are driving the global oil industry and their implications for the UK industry. Four key influences are studied to understand the implications for the industry in terms of economic and environmental factors. The steady influence of OPEC is a significant factor in the pricing of crude ...

Introduction

Contemporary business, political and social environments have changed under the influence of globalization, consequent internationalization of business portfolios, size and scale of the activities and even the tremendously increased international mobility of individuals. It is difficult to argue that the future of the Oil and Gas industry have changed with the growing influence of OPEC, economic growth, observed in non-OECD countries and climate change policies and legislation around the globe (Martin, 1995). The access to the new fossil reserves and the changes in the distribution of these resources also have had a significant impact on the ways the future ...

Describe portfolio investments and FDI. How do they differ and why is it important to distinguish between them?

Foreign portfolio investments (FPI) and foreign direct investments (FDI) are two commonly used and at times easily confused phrases. Foreign portfolio investments refer to investments in financial assets in a foreign country. These financial instruments include instruments like stocks and bonds. Investors love to invest in such instruments in order to diversify and hedge their portfolios. For example, Brexit has caused European banks to shed their values significantly and some international fund managers have already started purchasing these banks to diversify their portfolio and take advantage of attractive stock valuations. On the other hand, foreign direct investment refers to ...

About the report

The objective of this report is to assist One-World Investment Consortium, who is planning to invest £150 million in Thomas Cook PLC, a British global travel company listed on the London Stock Exchange under the ticker sign of ‘TCG’. We duly understand the impact of our professional recommendation on Consortium’s final decision making related to investment, and therefore, we intend to be comprehensive in the approach our analysis. As for the structure of this report, it will be a two-part report. In the first section of the report, we will evaluate the past 5 year(2007-2011) financial performance ...

Introduction

The distinction between how the West and the East control their local affairs, and how they organize their institutions is enormous. In a normal context, though, even two states in similar vicinity exhibit major differences in individual economic policies, religious inclination, and political systems. Notwithstanding that, it is important to appreciate the similarities and dissimilarities that manifest due to the location in certain regions. The case of Saudi Arabia and France is a good one to understand how regional influences affect, the systems of government, political institutions, faith and economic policies of a state. For instance, the Saudi Arabia ...

The Royal Bank of Canada had first tried to venture the financial market in Thailand in 1980. The bank’s ability to survive in third world country economy was limited. The authorities were skeptical about foreign bankers. Nonetheless, the interest rates were high, and the populations’ ability to pay was relatively small. In 1986, the bank had to close shop. The conditions were unbearable, and the bank could not cover the operating costs. The institution had not even become a fully-fledged firm before the unfortunate thing happened. They had been operating as a marketing outlet, an idea that had ...

Abstract

Carrying out the analysis in the multiple directions of liquidity analysis, fixed assets, off-balance sheet items and capital structure has helped us in learning more about the financial situation of the company. Beginning with the liquidity analysis, the company is suffering from liquidity dry-up with current liabilities exceeding the current assets significantly. Most importantly, declining cash reserves are the biggest concern. On the other hand,with consistent growth in the fixed asset base and a sustainable debt-equity composition do favor the company, however, with deteriorating liquidity position, the company may face issues in committing to its long-term obligations. Apart ...

Arguments for Aboriginal Child Protection

In most countries of the world, the level of democracy has reached recognition points whereby people have exclusive rights to express their democratic rights. Governments are made on the basis of the popularity of political parties and individuals who dominate these governments tend to make policies that protect their interests and those of their families. These individuals usually constitute the majority in the country and once they get into throne, they tend to disregard the positions of the minorities. In some cases, public policies tend to be discriminatory where social services and protection are offered to particular groups while ...

Arguably, the worst artificial famine in human history which was engineered for profit, the Great Bengal Famine of the 1770 occurred between 1769 and 1773. In the Bengali calendar however, the famine is documented as having taken place between 1176 and 1180. The Bengal famine’s scope was the lower Gangetic plains of India and so devastating was the famine that a documented 10 million people were reported to have died due to the famine. Consequentially, India’s population was significantly reduced to 30 million at the time. This manuscript will thus appraise this historical moment in the history ...

[Accounting]

Normally, the income should not be registered unless it is received. When recoding the revenue, we should incorporate several factors, such as: products are delivered and accepted, services are performed, entitled to payment is reasonably expected to be collected. Firms usually indicate their revenue recognition policy in the notes to the financial statements. Deviations from the “standard” revenue recognition principle are not unusual. There is a need to pay attention to brokerage warnings in the firm’s stock. Revenues should be recorded in several cases: services are still staying to be given; shipment of goods has not occurred; ...

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 ...

Impact of dollarization in Ecuador, El Salvador, Panama, and Argentina

Introduction In the middle of the 90’s, different countries faced the financial crises. Some of these crises were severe and of vital importance. These crises majorly include “Tequila crisis”, East Asian crisis, the Brazilian crisis and the Mexican crisis and these hit the whole world leaving a devastating impact on the emerging markets of the world. These crises not only had an adverse effects on the related countries by which these are associated, but they also had affected the growing economy of the other countries. The emerging economies have suffered a serious setback as a result of the ...

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 ...

Industrial gloves

Introduction The healthcare sector is one of the most fundamental sectors to a country’s economy. Many investors are looking to invest in the sector due the increased demand of health care services across the globe. Qatar has experienced a vast growth in its population which has failed to match the expansion of the country’s health care facilities. The government has made major amendments to its regulations which are aimed at encouraging foreign investors to invest in the country, most especially in the health care sector. The government is also paying a lot of attention to quality assurance ...

Introduction

Operations of modern companies are becoming increasingly complex with the globalization, which brings internationalization of the business, increased information flow and knowledge innovation as well as raises individual consumer awareness about social and environmental issues that surround contemporary businesses. Moreover, the activities of the companies with their global supply chain create stronger connections and interdependencies between the business, political and social environments, fostering the need for cooperation and partnerships on all levels. The purpose of this essay is to look at the Mountain Coffee Roasters Company, analyze the challenges that the organizational management faces today and provide high-level recommendations ...

Introduction

Apple Inc. is an American multinational cooperation that specializes in the design and the manufacture of consumer electronic goods, hardware and software implements. This company is best known for their personal computer line, which is subscribed to by millions of loyal users. Apple company has its headquarters in Cupertino in the state of California with an upwards of 284 retail locations in more than ten different countries. The company has recently made major strides in establishing markets in foreign markets with records of great profit. Nonetheless, as it can be expected for any multinational corporation, the process of establishing ...

ANALYSIS- A SUSTAINABLE BUSINESS SCENARIO IN 2060

Analysis- A Sustainable business Scenario in 2060 3 Introduction 3

Business Scenario 2060 5 Relating the 2060 Scenario to today 8

References 10

Analysis- A Sustainable business Scenario in 2060 Introduction A scenario is a consistent and orderly description that has a logical flow of different hypothetical characteristics about the past, present and future developments activities of an organization. The definition infers that a scenario gives business the basis on which management would take the robust actions to sustain the business operation. Rosneft Company based in Russia is my selection company. The scenario indicates the future situation of the business. Rosneft ...

Summary of the Dubai Reading

Kazim (2010) wrote a historical article about Dubai, tracing the economic steps of this important city from the early XIX to the beginning of the XXI century.

Dubai in the Early Colonial Period (1820-1945)

Kazim reports that the British took over the area known as the Trucial Emirates (the current United Arab Emirates, UAE) with the destruction of the Al-Qawasin, an Arab mercantile group, in the 1820s (Kazim, 2010, pg. 75). The British leveled the existing key mercantile cities, took over the ports and established their colonialism, which contained the trade only within the British Empire. This was a harsh blow to a region which traded ...

Essay one (China’s financial system)

Introduction and Thesis Statement The restoration of an economy from a depression requires a careful adoption of strategies. Various measures that governments use to promote the growth of key sectors as wells the entire economy have severe outcomes which must be considered before they are put in practice. Fundamentally, governments implement different fiscal and monetary strategies to solve economic problems, which may be successful or not. Thus, the analysis of the strategy to be deployed becomes essential to achieve the desired objectives. The financial sector in an economy is of central importance. As such, public policies that impact on ...

Question 2: Energy and Risks

Energy is fundamental to life. Without the resource, billions of individuals would remain hungry and cold. The prominent source of energy emanates from fossil fuels such as natural gas, coal, and oil in the developing and industrialized nations. Despite providing numerous benefits that sustain human, plant, and animal life, the fossil fuels also present disadvantages that have resulted in ecological damage, political disruption, and production failures. This paper attempts to compare the political and environmental challenges introduced by natural gasses, coal, and oil as well as possible remedies that can alleviate the problems. The greenhouse emissions that arise from ...

Abstract

Tourism has raised major concerns with regards to environmental pollution due to its rapid growth and development. Sustainable tourism has therefore, become the best way to ensure the coexistence between tourism and its environment. In this paper I discuss the initiatives that are being undertaken to reduce impact of tourism to the environment. I conclude with emphasis on the need for such initiatives to be promoted.

Introduction

Tourism has over the time been ranked as the most profitable economic activity in the world. It is a very large industry that attracts many forms of investments that in turn leads to ...

Natural resources are getting finished at a rate faster than nature can restore, and still we continue to live as if these resources were limitless. The human race is faced with a great risk of extinction, and no amount of faith or willpower can save us from the extinction that threatens our existence. Natural resources such as oil have continued to reduce over the years and have led to the loss of certain species on earth such as dinosaurs, and there are numerous concerns that mankind will face the same fate in the future (Drake). The human race is ...

Cash reserves are sources of funds which agencies use to finance their needs whenever they come up. The cash reserves are useful to agencies; hence, they should be managed well to ensure the agencies’ operations are not stopped due to lack of finances. This paper analyses the need for agencies to maintain cash reserves with the use of the Cashton agency as the case study. Agencies use cash reserves to pay for the expenses they incur in their operations (Paramasivan & Subramanian, 2009). Various agencies have diversified expenses which they incur in their daily activities. In the Cashton agency, for ...

Financial Institution Supervision: Insurance Companies

Introduction Insurance, in the simplest terms, means a transference of risk from the insured to the insurer. Around the world, individuals, families and businesses take advantage of the provisions of insurance so as to protect the possibilities of catastrophic losses that could occur due to loss of life or failure of a business. Over a period of time, the insurance industry has matured to throw up a multitude of products, and has grown into a multibillion-dollar industry. The management of risk is the key to the operations of the insurance industry. While insurance agencies have necessary internal checks and ...

Abstract

The financial accounting requires management of different accounts related to assets, liabilities, and equity. On the asset side, it could be noted that all companies report current and non-current assets. Managing of current assets is crucial in the short term as they affect the company’s operations. Companies need to have sufficient working capital to avoid disruptions in their routine operations. Too much or too less working capital both have implications for businesses. Therefore, it is important for companies to have an optimal level of working capital that could help them manage their operations efficiently and effectively. From the ...

China

1. COUNTRY

We have chosen China as a country for analysis

2. RECOMMENDATION We have decided to convert US dollar to Chinese yuan on May 24, 2016. The total cost in dollars according to this option is calculated further in question 9. 3. CHINESE ECONOMY OVERVIEW China’s role in the international arena has been growing in the recent years. Apart from being the most populous country with over 1.3 billion people and one of the largest countries in the world by territory, it has been experiencing substantial economic development in the past decades (Naughton 3). China is the second largest economy in the world after the USA. ...

INTRODUCTION

Mongolia is located to the north of China and is said to host 10% of the world’s known coal reserves which is estimated to be equivalent to 162 billion tons. Coal export accounts for the largest chunk of total Mongolian gross domestic product (GDP) at roughly 22%. This is equal to approximately 80% of the county’s exports (Voroshilov 34). In the country, production and exportation of coal, specifically coking coal, is primarily undertaken by the Mongolian Mining Company (MMC). Coking coal refers to a type of coal that is absolutely essential to the process of steel production. ...

1) Which were the primary causes of the Great Depression? According to Walton and Rockoff, an acceptable explanation for the Great Depression has to distinguish between the initial forces, which brought a downturn in financial activity, and later events, that turned a downturn into a calamity. We can detect two issues on the economy that foreshadowed the real slump in economic activity. First, there was a decline in the construction industry that began 1925, that had a significant impact on the depression. Second, the agricultural sector suffered greatly, with falling world prices and massive indebtedness (422). Walton and Rockoff ...

Are the GCC companies still financially and economically strong after the recent fall in oil prices?

GCC market and economy: The Gulf Co-operation Council companies are formed by countries like Kuwait, Bahrain, Qatar, Saudi Arabia and UAE. Since its inception in 1998, the growth rate of its GDP has increased. Similarly, the population in these countries also shows a steep increase. The main revenue of GCC countries was generated through the export of oil and gas. Prior to the discovery of shale and crude oil reserves in U.S, Canada, and Europe; GCC group of companies was the main provider of oil to markets in North America, Europe and Asia. GCC has amassed huge foreign currency ...

Evaluation of Corporate Performance: Apple Inc.

Apple, Inc. is a U.S. based company that has its registered office in Cupertino, California. The company has a long history of innovative progression and it will not be wrong to state that the company has changed the ways of telecommunication. It has opened up new arenas of technology development and competition between electronic companies has become fierce in the last 15 years or so due to the company’s ability to develop new and unique products. The company sells computers, laptops, hard drives, tablets, music accessories, phones, etc. The company has its own operating system that runs on ...