Executive Summary The credit crisis, which has been in existence since the year 2007, has seen many companies incur big losses in their investments as well as money lent out to borrowers. Many companies folded under this weight with some being taken over by others as a way of rescuing...
Introduction This report explains the concept of time value of money in the matters of financial management of an organization. This is the value of money which is earned with an interest over a given period of time. It purports that if a person invests money in the present day...
Definition of Yield Management Yield management is a part of revenue management that focuses on controlling inventory and understanding consumer behavior for the purpose of increasing profits from a fixed resource, such as hotel business, or airline services. Treszl (2012) characterizes yield management as “a strategy used by many different...
Introduction Maximization of the stakeholders’ value/wealth is the mandate of every organization. Leaders usually employ various strategic leadership mechanisms to ensure that the business remains competitive, efficient, and buoyant in the market realms. Contextually, the management at BHP Billiton Limited also strategizes to ensure that the business continues to grow...
McDonalds is an amalgamation of fast food restaurants with over 25,000 restaurants in 117 countries across the globe. This paper shows a corporate analysis of McDonalds. Distinctively, the paper revolves around the assessment of the company’s financial statements, strategies, financial ratios and new investment decisions. This analysis is to determine...
Introduction The following is a consultancy report on the strategies that IFM Plc may incorporate in the plan to re-domicile the company from France to Monaco. The calculation on the net present value of the multinational is in the appendix. It then looks into the potential challenges of the exercise...
Introduction Emirates Airlines is based at Dubai International airport in the United Arab Emirates. It must be noted that the airline is a privately held company; hence it is not quoted on any stock exchange. For the three periods under review, the auditors gave an unqualified opinion for the company....
Introduction Audited financial reports are used by all stakeholders of an organization. Financial statements provide the users with a narrow insight into the financial strengths and weaknesses of a business because reported values do not give an in depth depiction of performance of an entity. This creates the need for...
Introduction The focus on growth forecast will be on AGL Energy Limited (AGK). The company is 175 years old, and it is Australia’s principal renewable energy generator. It is also the country’s biggest supplier of energy. AGL Energy Company is known to distribute large quantities of renewable energy to its...
Introduction Changes in the financial performance of an entity from one period to another period depend on a number of factors. These factors are economic (such as fluctuations in the exchange rate, stiff competition and recession), social (such as people’s perception about the product), and climatic factors (adverse weather changes...
Introduction This treatise carries out an analysis of shares of Koss Corporation and Harman International Industries Incorporated. Both companies operate in the audio/video industry. It is a segment of home entertainment industry. Specifically, the companies produce and sales stereo headphones (Hoover’s Inc. 2013). They sell a wide range of high...
It is the aim of every company to maximize their profits and thus increase the net worthy of the business as a whole. In this regard, it is not peculiar to get many companies measuring their success in terms of how much profits they make in a given trading period....
Managers working in Saudi hotels attach much importance to such an element of revenue management as rate parity since it can affect the profitability or an institution and its relations with clients. Business administrators should bear in mind that customers can make reservations by using various distribution channels. In many...
At this point, it is important to see whether the approaches and models of business administrators are consistent with the recommendations offered by scholars. On the whole, one can argue that there is no sharp discrepancy between theory and practice. The findings of this study indicate that the managers working...
Introduction Project management is a very important activity in business because its scope determines the extent to which a business optimizes the strategic potential of its long-term investments (Callahan, Stretz, & Brooks, 2007). Business must always strive to ensure that their investment costs associated with projects commensurate the long-term benefits...
This research is targeted at providing answers to three questions. We can review the capacity in which the research managed to address these questions. In a bid to perform the task, this section will compare questions and findings of the research. The following are research questions that this research was...
Outline of the Business Plan XYZ Cleaning Company would target the property owners at the prime quality and luxurious building who are willing to let their furnished flats for student accommodation halls, and the company would take booking through their dynamic website from the students who need private accommodation out...
Introduction The American Multinational Corporation of choice is International Business Machine (IBM). IBM manufactures and sells computer soft wares and hard wares as the corporation’s main products. IBM also offers Data center infrastructures and consulting services. IBM plans to expand its international business to New Zealand. New Zealand has been...
Introduction The paper will discuss a possibility of a Merger between Hospital Corporation of America (HCA) Holding Inc. and Tenet Healthcare. Both hospitals own centers in the South Carolina. HCA holding Inc. was formed in 1968. HCA owns approximately 163 hospitals and 110 freestanding surgery centers in 20 states and...
Introduction Graphic Packaging Holding is an American company that has specialized in packaging various products. This firm operates in the United States, Canada, Europe, Asia Pacific, Central and South America. The economy within which this firm operates is considered very stable. The United States of America is the leading economy...
Structured capital resources are a fundamental requirement for the success of any business. Capital is needed when starting a new company or when there is need to expand an existing one (Clayman 2011, p. 25). There are two main types of business capital that are normally used to begin a...
Introduction The Economy of US The US economy has experienced growth in the GDP from 2006 to date, apart from a brief disruption due to the global economic meltdown in 2009. Generally, the performance of the economy has remained predictable, especially in the manufacturing industry due to constant and ever...
Introduction Brookside Dairy Limited is a dairy products company based in South America. The gap in the provision of a wide range pasteurized dairy products created the need to form a dairy company in the area hence the formation of Brook Dairy Limited. The primary line of business of the...
Introduction This section gives an estimation of the initial – pro forma statements of Koss Corporation for two years, namely, 2013 and 2014. Pro – forma income statement and summarized pro – forma balance sheet will be prepared. From the financial analysis in part one it is evident that the...
Introduction Solvency margin is a form of cash ratio. It is applicable to the financial and insurance industries. In accounting terms, it refers to the monetary value or assets that an organization is left with after the value of all debts are deducted. In the insurance terms, it is used...
Financial statements are finacial documents published by a company either annually, quarterly or monthly. They reveal the companys’ networth, earnings and operational budget. They are used by accountants and financial planners to decide on product launch, future planning and expansion of the company. They have disadvantages and advantages. One of...
Introduction The company’s payout policy comprises dividend payout and repurchase of stocks. The dividend policy of the organization tends to follow the growth model of dividends. According to the model, organizations start to pay dividends after moving from a period of high growth (in terms of profitability) to a period...
The financial statement ratios help managers in making the better business decisions. The research focuses on the dividend yield ratio and dividend cover financial statement ratios. The research includes focusing on the capital gear ratio and the price to earnings ratio. The four financial statement ratios indicate investing in the...
US Economy Indicators The table below summarizes statistics for the US for the year 2011 and 2006. Current 2006 GDP $15,094,000,000 $13,314,500,000 Inflation 2.7% 3.2% Unemployment 7.7% 4.6% Interest rate 0.5% 4.6% From the table above, the GDP increased from $13.314 billion in 2006 to $15.094 billion in 2011....
Introduction Having worked with Samba Financial Group in the treasury department as an intern employee from 25th June 2011 to 18th January 2011, the following information was obtained about the bank. Founded in 1980, Samba Financial Group has developed to be one of the leading financial institutions in Saudi Arabia....
Introduction Cash is the most important asset any firm can have. Scarcity of cash means that a firm will not be able, or has to strain a lot, to pursue its development projects. Creditors, employees, and lenders will have to be paid when their money is due. Unfortunately, for many...
Apple Inc. presents reliable financial statements. The research focuses on the annual financial report of Apple Inc. for 2011. The research centers on scrutinizing the material portions of the annual financial report. The annual financial report indicates Apple Inc. performed profitably well during 2011. There are main sections of the...
Introduction Companies use various methods to raise capital from different sources of financing. The most common sources of financing are the equity and debt financing. Most companies mix sources of finance to come up with a capital structure that is ideal for them. Such companies incur some costs in order...
Introduction This write-up will analyze the financial aspects of McDonald’s since the entity leads in the fast-food sector. Additionally, MacDonald’s statements are easily available. The analysis of its statement will encompass various aspects. McDonald’s is performing exceptionally. Despite the challenging financial times, the firm has registered growth annually in key...
Memo From: Cc: Date: Ratio Analysis Memo Introduction The purpose of this memo is to analyze the ratios of Google Inc. and provide the strategies that the organization can undertake in order to be competitive in the economy. The memo has been prepared following an increase in competition from Yahoo...
Introduction As mentioned in the thesis statement, Income Statement is an account showing different monetary transactions in the company during any financial year. Having money is a great feeling but keeping an account of it is wise. As Max Beerbohm says, “Everyone, even the richest and most munificent of men,...
Inventory Value Adjustment At the end of year 4 the inventory for this organization was as follows: Initial inventory = $41,824,000 Since the raw materials that cost $39,280,000 are only worth $10,000,000 now, then the inventory becomes: Inventory less raw materials $41,824,000 – $39,280,000 = $2,544,000 Then, add the market...
Introduction Project managers should carry out financial analyses on capital investments. This is necessary because capital investments require a large amount of initial capital outlay. Secondly, the benefits from such investments flow in for a long period. Thirdly, capital investment decisions in most cases deal with an organization’s optimal capital...
Introduction The topic of the study is based on the Santa Claus effect which often occurs annually in December. Santa Claus has both positive and negative effects. The major positive influence of Santa Claus is the market profitability. Some negative effects associated with this character include the fact that consumers...
Abstract This paper will focus on the applicability of Activity Based Costing in Competition Bikes Inc. Activity Based Costing (ABC) is an accounting practice that provides that activity costs should be identified differently. This way an organization can be able to identify the overhead costs that have a significant impact...
Introduction Business financing is a major challenge for companies that seek to implement new projects. Therefore, it is important to review all sources of finance that are available to the company. The sources of funding are broadly classified into internal and external financing. The main sources of internal finance are...
Ethics is defined as the moral principles, which govern one’s or people’s behavior. Starbucks demonstrates moral and ethical behavior to their customers and employees. They have a Mission Statement, which says, “Our missions are to inspire and nurture the human spirit, one person, one cup, and one neighborhood at a...
Introduction The key difference between the direct and indirect methods to make a statement for cash flows resides in reporting the cash flows from operating activity. This section is the first point of the statement for cash flows. Upon using the direct method, this section will comprise calculations for different...
Introduction In simple terms, capital budgeting refers to the process of making decisions of long-term investments. This decision making process allows firms to measure viability of long-term investments and decide whether they should be undertaken. Capital Budgeting Institute of Management of Accountants (2009) defines two kinds of investments made by...
Professional liability is a growing and vibrant industry that plays a significant role in the world economic system. As the business world changes to an information-based and service-oriented economy sustained by monetary markets, fresh and very complex liability risks crop up. Individuals and companies depend on systems of information and...
Challenges and opportunities of Kingsgate Consolidated and ability to create shareholder value The challenges the company will face for the near future is the weak economy in general as well as the exceedingly globalized situation on our planet is how to defend their existing market share from other multinational entities...
Introduction Monitor PLC deals in the manufacturing of the electronic components for sale to the audio-visual industry. Most of its components are sold to companies like Sony, Panasonic and Samsung among others. The company is listed the stock exchange and so its securities are traded there. This paper provides a...
Ratio analysis Liquidity The Porsche AG’s liquidity ratio as measured by current ratio is less than 1 this means that the firm is facing liquidity risk because for a firm to be liquid its current ratio must be more than 1 representing a margin of safety for the creditors where...
Abstract This paper gives an analytical report of financial analysis for a potential investor. Financial data for AstraZeneca for three year period from 2008 to 2010 is used. The study is based on a comparative analysis of historical data of the entity. It concentrates on the statistical highlights of the...
Executive Summary Financial ratios are a fundamental technique in investigating through comparison of companies along with timelines of the liquidity, profitability, efficiency and stability position over a period of time. This technique has been used to analyze the performance of Wesfarmers Limited and Woolworths Limited. Specifically, the company evaluates the...
AT&T is an American public company registered in the New York States Exchange as T, trading as Down Jones or S&P 500 Component. This company operates in the domestic telecommunication services industry and employs over two hundred and ninety five thousand people in the United States alone. This public corporation...
Introduction The financial performance of a company defines and characterizes many of its operational factors, including its competitiveness, potential for growth and overall financial health. Some researchers use the financial performance of a company to understand the economic interests of a company and evaluate the reliability of its present and...
Introduction Financial statement analysis is a quantifying process of identifying the potential, past and present performances of a company (Gowthorpe 2008). Technically, it outlines the process of accounting and categorises the account titles and the amount of money as well. Thorough and technical financial statements with too many arithmetic calculations...
Introduction With its headquarters in Sunset Hills in the United States (U.S.), Panera Bread Company was recently reported by Financial Times as one of the fastest growing companies in the restaurant industry. Panera operates as a Bakery café chain that specializes in producing a number of brands including salads, bagels,...
The choice of the strategy in this situation can be essentially described as the decision of prioritizing either profits or stability. The option of staying within the familiar grounds and being able to utilize the company’s major strong points secures the stable but low income. This is what was the...
Chase International Strategy Chase was seeing the opportunity as an avenue to facilitate investment financing and build its reputation as the go-to bank for all international investment financing. The location of the project would provide some challenges. At the same time, the local circumstances would allow Chase to expand its...
There have been numerous corporate accounting scandals in the past that have compelled regulators to be stricter on firms that do not adhere to ethical and professional codes of conduct. For instance, it can be recalled how Enron and Worldcom caused outcries after going through major financial scandals. The accounting...
Ratio Analysis Liquidity Hyatt’s liquidity ratios as measured by current ratio, net working capital and quick ratio show a decline in Hyatt’s liquidity position from 2009 to 2010 as shown by Table 1. But the net working capital shows that the liquidity position has improved. The quick ratio decline as...
Introduction The collapse of the US-based bank, Lehman Brothers, in 2008 led to a substantial ripple effect on the global financial markets because of the high level of financial contagion. One of the notable impacts entails a decline in the level of liquidity within the financial institutions. The risk premium...
Introduction In 2008, Microsoft offered to acquire Yahoo at $31 per share. The acquisition was to be settled through the transfer of all shares including outstanding. The acquisition price of $31 per share amounted to a takeover price of $44.6 billion. Half of the sum was to be paid in...
Introduction Walmart is a multinational corporation that operates in around 27 countries across the globe. The corporation operates numerous supermarkets with its headquarters in Arkansas. Sam Walton founded Walmart in 1962. The corporation has since opened more than 11,000 stores across the world. The corporation operates under numerous banners in...
Executive Summary Tusker Plc is a building and income improvement merchant business. It has been trading in the building and construction industry for over 50 years. Tusker Plc has been working towards maintaining its UK market and expanding into the Western European Market. Since the 2007/2008 financial crisis, the company...
Introduction Corporate reporting regulation plays a significant role in ensuring that there is transparency and accountability in the financial reports of different organizations (McAuley 2005). Over the recent years, a lot of concerns have been raised regarding the efficiency of corporate reporting regulations (Leuz 2010). Such concerns are attributable to...
Introduction According to the description of the work, the main responsibility of the post is financial planning. This assessment is based on the fact that the company emphasize financial planning as the core role of the accountant. In particular, the company first indicates that one of the undertakings will be...
Increasingly international financial management is involved in global products and financial markets. The globalization movement implies that all the financial decisions, that is, investment, liquidity, and dividend financing must be made in an international context. Companies that operate in two or more countries, multinational corporations (MNC’s) have greatly increased worldwide...
Introduction Kellogg Company was founded in 1906 and later incorporated in 1922 in Delaware (Kellogg Company, 2016). The Company, alongside its subsidiaries, is in the business of manufacturing and marketing ready-to-eat cereal and convenience foods (Kellogg Company, 2016). By January 2, 2016, Kellogg Company had nearly 33,577 workers. The principal...
Introduction This article addresses the different elements of the cash flow statements and their importance to an investor. The chief contents of a cash flow reports include cash acknowledgment documents from the main trading sources and cash expenditure. Its preparation period may be quarterly, semi-annually, or even annually. In addition,...
Introduction This report carries out a strategic evaluation of Aberdeen Asset Management PLC using the fundamental model, cash based and asset based evaluation models. Moreover, the report outlines the major weakness of this model in the valuation of a firm. The report also uses P/E ratio and ratio analysis to...
Introduction The U.S. departmental stores sector is led by prominent brands that offer broad range of products. In this report, two competitor companies that are Macy’s Inc. and Kohl’s Corporation are selected and their financial performance in the last three years is analyzed using common size statements and financial ratios....
Executive summary The financial statements are vital documents that are prepared to communicate the results of operations of a company for a specific trading period. It enables the stakeholders to compare the financial performance of an entity with those of other companies that operate in the same industry. The statements...
Introduction David Jones Limited is a leading chain of high-end departmental stores. The corporate history dates back to 1838. Its head office is located in Sydney, Australia. The company presently operates 35 stores. It has a strong distribution network with two warehouses. The company also sells high-end products through its...
Capital budgeting decisions Part a – calculation In the calculations, revenue will be the sum of expected prize revenue and market/other revenues. On the other hand, the expenditure will be the sum of general expenses, base salary, depreciation, and salary bonus. Salary bonus and general expenses are variable costs and...
About the company Coats Group is a global leader in the industrial thread and consumer textile crafts business. Also, it comes second after YKK Group in the production of zips and fasteners. Currently, the company has a presence in 50 countries that are located on six continents. In addition, it...
Introduction Investment is a part of contemporary economic activities. It serves a number of purposes for investors. One of them is the generation of profits (Abdul-Rahman 2010). Investment can be analysed from an economic perspective. To this end, it involves the acquisition of products for future consumption. The acquisitions are...
Introduction In their capacity as advisers to proprietors of small and medium-sized enterprises, accountants grapple every day with problems related to sources of funds to various business enterprises. Profitable investment opportunities fail to see the light of the day due to limited sources of funds to implement them. The issue...
Multi-step and single-step income statement The single step process of preparing an income statement involves the determination of the total revenues and the total expenses of the company and finally determining the net income of the business in only a single step through the process of subtracting the total expenses...
Introduction Auditing represents a process of assessing and evaluates the efficacy of an entity’s internal management systems and resource use designs. Developing and enhancing effective internal management systems plays an important role in achieving the entity’s goals, missions, and objectives. Through auditing, companies develop structures of acquiring viable financial reporting...
The presentation of financial information is a crucial exercise for business enterprises. It enables the business managers to understand the financial performance of their enterprises and make important decisions regarding their operations. It is also used by the other stakeholders to determine their future engagement with the companies based on...
About the company Adidas Group is a multinational company that is based in Germany. The company was established in 1924 and it has grown tremendously over the years. At the moment, it has a presence in over 160 countries across the globe (Adidas Group 1). The Group is a public...
Executive Summary This report is directed to the board of directors and regards procurement and supply. Over the years, the importance of procurement and supply function in business enterprises has continued to increase. The report addresses key procurement and supply issues including opportunities for procurement and supply function to create...
Introduction This report is aimed at analyzing the various ways through which Sheraton Hotel and Resort creates and adds value in its operation. Background to the study According to Barnes (2006, p.38), value addition refers to the various strategies that an organization undertakes in an effort to improve the products...
Abstract When analyzing company performance, it is essential to take into consideration the different methods and techniques that are recommended for company analysis. The paper explores what sensitivity analysis is all about and how analysts use it in making decisions that relate to capital budgeting. This is only possible where...
Outsourcing refers to the tendency of a Company’s owners to turn over the liability of the organization concerning information system operations and applications to an outside organization. This exercise is largely entrusted to be cost-saving and to free the financial resources of the company to other functions. Information Technology on...
Introduction The performance assessment of Riverview Community Hospital (RCH) revealed that the organization had been experiencing some difficulties during the years 2007-2008; the problems could have been caused by the world crisis and seem to have been resolved with the help of the long-term (LT) debt increase. The revenues of...
Hyatt Inc. is a company in the hotel industry, and its operations are affected by various factors. Conducting financial analysis of the company will help improve its performance in the industry. The industry has many companies competing in the global markets. The financial ratios of the company will help develop...
Introduction The present paper is an analysis of the financial statement of Wendy’s and Domino’s. The paper is divided into three broad sections – comparison of the company’s financials, ratio analysis and cash flow analysis. The research is based on the data derived from the annual reports of Wendy’s and...
Executive summary The paper carried out a comprehensive financial statement analysis of Saudi Cement Company. The paper focused on coming up with the common-size statements for the company and ratio analysis. The ratios that were calculated are the short-term solvency ratio, long-term solvency ratios, coverage ratios, asset management ratios, profitability...
Introduction In finance, Gap analysis refers to a process of enhancing an organization’s fiscal performance by evaluating the cause of the gap between existing outcomes and the long-standing objectives. As such, the analysis evaluates the differences between a company’s real financial performances alongside its prospective financial performances. With respect to...
Introduction ABC Golf Equipment Corporation is considering changes in its capital structure. The capital structure of a company represents the combination of equity and debt utilized by the company to finance its assets (Brigham & Ehrhardt, 2007). The current capital structure of ABC Gold Equipment comprises of equity only. The...
Benchmarking The business concept of Helpful Health Care Consultants, LLC proves to be a feasible investment opportunity. According to Patti (2009, para. 1), it is paramount for firms in the healthcare industry to integrate the concept of benchmarking. Benchmarking involves a method of measuring the performance of a firm within...
Summary Banks play a very significant role in steering the financial flow in any country. The banking sector has been at the forefront in establishing mechanisms for ensuring that it not only leads the market in terms of superiority of services but also guarantees the best risk identification, analysis, and...
Growth rates The sales for Ford Motor Company grew from $133,559m in 2012 to $146,917m in 2013, an equivalent of 10% increase. The value dropped to $144,077m in 2014, an equivalent of a 2 % drop. The cost of revenue rose from $113,039m in 2012 to $125,195m in 2013 (Ford...
Introduction Business enterprises are in a constant act of balancing different facets that ensure their survival. A healthy business should have more assets than liabilities (Lorenzo and Allande 164). The poise between assets and liabilities is not an overnight achievement, but a constant balance of books that requires well-thought-out decisions....
Introduction Shell PLC started its operations in 1907 in the United Kingdom. It has its headquarters in the Netherlands. It mainly deals with oil and gas with the principal products being petrochemicals, natural gas, and petroleum. As a public company, it registered its primary listing on London Stock Exchange. Its...
Abstract In modern times, advertising and sales promotions are useful marketing and brand development tools. At organisational level, a strong brand translates into increased sales and profitability. However, due to the high promotion and advertising costs, controlling the marketing budget is important, as it helps an organisation manage its expenditure...
Introduction The management of working capital is an essential activity for running a business in the contemporary world. The working capital determines the ability of a company to settle short-term debts and fund the running operations. Working capital refers to the amount of money available to cover the cost of...
Abstract Transfer pricing has become an essential tool for tax authorities, managers, and all parties that are involved in the accounting profession. Nevertheless, different companies use diverse methods to determine their transfer prices, depending on the company structure and the specific strategy. However, transfer pricing does not apply to most...
Introduction Microsoft Corporation specializes in technology and has a goal of empowering people and organizations in their respective careers. It has an international outreach which enables it to function in a unique way. The company has to adapt to some traditional and local means to maintain its market. From 1975...
Introduction In this report, an examination was conducted in relation to two companies, Sysco and the Bidvest Group. Both companies actually have a lot in common when it comes to their food services operations in relation to utilising their large supply chains and distribution networks to sell their products to...
Introduction Management is an important practice in the business environment. Different functions of management must be effectively coordinated to ensure that the respective individual or organization achieves the intended goals and objectives. Management is an important practice to individuals in the working and investment environment too. Finance is one of...
Introduction Dairy Crest Group PLC is a British company that sells dairy products. Dairy Crest was incorporated in 1981 as a milk processor approved by Milk Marketing Board (“Dairy Crest – Our History” par. 1). The company has various international brands. The company is listed on the London Stock Exchange....
Introduction Capital budgeting decisions are essential to managers because it helps them make strategic decisions. Specifically, it helps managers to make decisions on whether to commit resources in order to maximize the wealth of shareholders. There are various techniques used to establish whether a project should be accepted or rejected....
