Essays on Titman

Sports organizations such as the department of sport and recreation (2016), Sask Sports Inc (2016), and Sport Nova Scotia (2016) are regularly preparing annual reports for each yearly operation. However, Sask (2016) and Nova Scotia (2016) are only presenting their statement of revenue and expenditure while the government of western Australia (2016) presented a full set of financial statements, which includes the statement of financial position. The financial position of the Australian department revealed that the sport organization has a smaller value for their total debt at only AUD$5.41m when compared to the equity of AUD$147.82m (Department, ...

Abstract

A patient survey at a community hospital in which I serve as the chief financial officer indicated the need for a commercial 24-hour pharmacy within the hospital. The pharmacy would ensure that patients and families fill prescriptions and begin taking prescribed medicines as and when ordered instead of waiting for the following day. In response to the findings of the survey, this paper seeks to look into the viability of the business. Herein provided is the proposal for the first three months of operations. The paper also looks into the financial implications of the proposed project by looking into ...

Annuities and perpetuities are types of financial instrument, which make payments at regular intervals (parrino & kidwell, 2009). Although both perpetuities and annuities make regular payments, there is a difference in the life span of the financial instruments. Annuities have a finite lifespan while perpetuities have an infinite life span (Grinblatt & Titman, 2002). Examples of annuities are; loan repayment and lottery winning. For loan repayment, the principal and interest are repaid in regular intervals while in lottery winning the winner receives a fixed amount of the winning for fixed period. Example of perpetuity is a charity donation and a pension fund is a pension fund ...