Introduction A project is an undertaking that involves a lot of research. It is also carefully planned to achieve a set target (Maylor 58). In most cases, the venture has a set of interrelated duties. The activities are accomplished over a specified time period using certain resources. It is also...
The Coca-Cola Company is one of the global giants in the beverage industry, and it has attained tremendous growth by developing a business plan that involves aggressive marketing and reinvestment of its profits. The multinational company has attained an exponential growth rate in its profits over the past several decades,...
Executive Summary The primary mission of any entity is to show effectiveness in management to attract resources and transform them into worthwhile products. There has been an evolution of numerous methods to determine the performance of a for-profit organization, as well as that of not-for-profit organizations. In these two forms...
Executive Summary Dividends are considered to be the most important mechanism of distribution. Most companies make a specific type of distribution. For instance, while some companies pay 94 percent dividends, others pay 39 percent of the firms that buy back the shares. In most cases, when a company decides to...
Executive summary This report focuses on the projected and actual performance of the company products and the business as a whole in the various periods. Twelve months are covered, from January to December of 2014. To assess the business position, five computation reports have been prepared on Excel Worksheets. Please...
A bond refers to a financial instrument of indebtedness of an issuer to a bond holder. Companies that assess the credit worthiness of both debt securities and their issuers are called the bond rating agencies (Wellenius, 2005). In USA examples of bond rating agencies include; Standard and Poor’s, Fitch, and...
Budget Request The Roads and Transport Authority (RTA) in Dubai works to provide different types of transportation services for the citizens of Dubai, including bus transportation services, metro, taxi, and marine transportation services (“Roads and Transport Authority”). During the 2013-2014 fiscal year, the RTA announced the participation in Dubai’s programme...
Introduction Despite their expected academicism and narrow specialization, mathematical sciences find their application in the everyday life of society. If one does not take into account the reasonably obvious calculation of discount interest in the store, determining the amount of tax to be paid, or studying the amount of gasoline...
Introduction General Dynamics is a US-based aerospace and defense company. It is headquartered in West fall, Virginia. The company is the fifth largest defense company in the world which acts as the largest supply of US navy ships. It has expanded to include other segments in the defense industry such...
It is the duty of every company to arrange its programs so that at any particular time it is able to repay its debts. The capability to pay off debts relies on the liquidity of the company and it establishes if a specific company has some ready cash thus terming...
Introduction The paper evaluates the changes in General Motor’s short-term and long-term liquidities, and its profitability between 2011 and 2012. The importance of the study is to find out the firm’s financial performance after recovering from the financial crisis. The study also seeks to find out if there is an...
Abstract The international financial reporting standards (IFRS) utilise values-based approach. It underscores rational value book-keeping. It aims the promotion of consistency and equivalence globally. The study undertaken in this paper explores IFRS from diverse perspectives by reviewing peer reviewed articles to establish the many aspects of the concept. It has...
Introduction The memo seeks to provide an elaborate explanation of various concepts and principles that are associated with financial accounting. Specifically, the paper will discuss the financial statements and net working capital. Balance sheet The balance sheet shows a summary of various balances of an entity. The balance sheet gives...
Introduction The management of a company should not leave the work of budget preparation to the accounting department. Planning is an activity that is everyone one’s. Therefore, since budget-making amounts to planning, the management should be at the forefront in its making. Management can determine the number of things. These...
Current revenue The recent financial statement for the company shows that the income statement rose from $1,000,627 thousand in 2012 to $1,462,921 thousand in 2013. The total revenue increased further to $1,685,061 thousand in 2014 (Avalonbay Communities, Inc., 2015). In the financial statements of AvalonBay Communities, the same storage pool...
The SEC and 10-K There are several ways, which the SEC employs to protect investors, maintain efficient markets, and facilitate capital formation by requiring corporations to file annual 10-K reports. The report comprises essential business risks in the section “Risk Factors” that a corporation may face. They affect its business...
Importance of Financial Management Skills to a Company’s Success Accounting and financial Management skills are crucial aspects for any business to thrive in its operating environment. This is due to the fact that the main financial goals of any business solely depend on solidarity of the financial decisions formulated and...
Executive Summary Wm Morrison Supermarkets PLC, based in the United Kingdom, is a public limited company that trades on the London Stock Exchange. The company operates in the United Kingdom’s retail industry. The company has a market share of 11.3%. The paper carried out financial analysis of Morrison Supermarkets for...
Estimating asset requirement for a corporation Financial planning is a significant planning process in a business is an integrated process that entails planning for investment in new assets, degree of financial leverage, cash paid to shareholders, liquidity requirement. The planning process for estimating the asset requirements goes through some distinct...
Introduction Initial public offers to entail the selling of a company’s stock in the market (Padberg, 2007). Occasionally, companies aspiring to expand, such as AVG, conduct IPOs of their stocks in order to increase their financial standing to fund their aspired growth and company operations (U.S. Securities and Exchange Commission,...
Executive Summary This report covers the ratio analysis of Sharjah Cement and Industrial Development Company for the last three financial years. The company operates in the manufacturing and investment sectors. Among the ratios analyzed are the profitability, liquidity, asset utilization and debt utilization ratios. In addition, the degree of operating...
Any business entity that engages in international transactions can choose to undertake its major activities using foreign currencies. However, the financial statement of the parent firm needs to be presented using a common currency. The IAS 21 depicts the rules and regulations of how to incorporate foreign currency transactions and...
Executive Summary Revenue optimization department is of great importance in all the industries. By using revenue optimization departments, the companies find it easy to identify weaknesses and strengths. Companies with revenue optimization departments maximize profits in short run and long run. Some of the companies that use revenue optimization department...
Introduction In any entrepreneurship and especially the financial based ones there has to be significant use of resources. These resources are of a wide variety with all leading to the attainment of the business objectives. Nevertheless, the rapid rate of globalisation which has increased the competition rate calls for proper...
Abstract This report seeks to analyze some components of the Abu Dhabi Council in relation to the Volvo Ocean Race. In essence, it seeks to determine the factors related to the investments, finances, and operations of the undertaking. In regard to the findings, it was evident that the council made...
To determine the viability of a project, it is necessary to carry out a financial forecast analysis (Holland, Sanchirico, and Johnston 69). ServiceME is a web portal project that is very expensive to establish. Therefore, financial assistance was sought from credit institutions. This is one of the reasons why the...
Introduction In most countries, the government appoints a regulatory authority and grants it the mandate to monitor and control the operations of commercial banks in a country. Banking regulation has evolved significantly. For instance, in the 1970s the regulation focused on controlling both the borrowing and lending rates and structures...
About the company The LEGO Group, founded in 1932, is a privately owned company. The company is based in Denmark. It operates in the toy industry. Further, the company engages in the learning and development of children’s creativity through the production of toys and learning materials. The product brand of...
Executive Summary Dollar Tree has a better financial performance than Family Dollar. Dollar Tree obtains goods at a slightly lower cost than Family Dollar. Dollar Tree is operating more efficiently than Family Dollar. As a result, Dollar Tree is more profitable than Family Tree. Dollar Tree uses assets more efficiently,...
The global business community is not unaccustomed to financial scandals. The competitive nature of business often leads to some unscrupulous business practices sometimes with catastrophic results. Owing to such risk it is also expected that government provide legislation that can help control or limit the occurrence such practices. The Sarbanes-Oxley...
Introduction Cisco Systems, Inc according to Cisco (2010) was founded in 1984 by Sandy Lerner and Len Bosack as a pioneer company in the development of the Internet Protocol based networking technologies. The firm is an international leader in the networking and internet industry as it has played an important...
Introduction Within a short period, budgeting has been removed from its important position as the control system in most organizations and has been subjected to considerable criticism too. Budgeting has been termed as ‘broken’ ‘a thing of the past or an ‘unnecessary evil’. Recent surveys have evidenced this turn of...
Introduction The income and cash flow statements are very important statements in relation to the short term and long term performance evaluation of any business organizations and also allow the business to formulate strategies that align to the performance objectives of the business. The income statement measures the actual performance...
Executive Summary For achieving a higher quality financial management in any organization, the underlying quality of financial governance and leadership is of primary importance. While good basic systems combined with effective processes and controls are also considered important, it is the overall financial culture of the organization which makes the...
Introduction Financial management refers to the process of planning for and allocating the organization’s financial resources with the objective of creating more wealth, generating more income or ensuring an adequate return on investment. Financial management as discussed by Henning et al (34), involves three main elements; financial planning, financial control...
Introduction The importance of health is being appreciated more by a large section of the population, due to its immense implication on the overall productivity in the social, political, and economic arenas. Australia has embraced enormous changes in the last few decades that have transformed the health system into an...
Introduction Despite what most of people think, being the financial manager of a corporation is not counting the profits and the losses of the firm. In fact, being the financial leader involves not only responsibility, but also the ability to conduct the analysis of the current state of company’s affairs...
Introduction Among the various fundamental aspects of life, health stands among the most important ones since it greatly determines how long one lives. The healthier you are, the higher your chances are of living longer, and so is the vice versa of this statement. Of course, there are other factors...
Executive Summary The purpose of this management report will be to critically examine the main theories of international financial management and assess the extent to which these theories can be used in the real world. This will be a critical examination of any empirical evidence that exists on the theories...
IPO Market Overview It’s quite evident that the world’s largest mining and metal industries have become troubled by the ‘wall of debt’ that has a serious impact on the supply of these metals in future. This can cause a very high process for the products in coming years. Debt concerns...
Introduction Following the elections, there has been a lot of pressure to reduce government spending. “The treasury management strategy demands that the council authorities must set prudential indicators annually to demonstrate that their capital investment plans are affordable and sustainable” (McDermott 4). The fire department and other council departments are...
Introduction Objective of paper The current analytical report provides a detailed review of a US based company Procter and Gamble. The report encompasses findings regarding the company, its management and product profile along with a discussion on the industry and competitive forces that exist in the market. The economic challenges...
Introduction The demand for motor insurance policies has been on the rise as a result of developments in the commercial trucking industry. Consequently, the insurance industry has been improvising ways on how to charge for the policies which involve the determination of the insurance rate. Insurance rate refers to the...
Introduction Cadbury Public Limited Company has been a large global company in the confectionery industry. The company was acquired by Kraft Foods in February 2010. Initially, the company was known as Cadbury-Schweppes Public Limited Company before the separation of its US beverage unit which is currently known as Dr. Pepper...
Introduction Ongko Furniture Company is faced with the decision of whether to continue producing furniture, or whether to adopt a Hi-Tech technology or become a distributor of another manufacturer’s furniture. The purpose of this paper is to analyze the different financial alternatives that are available to Ongko Furniture Company and...
Financial Management: Principles and Applications is considered to be one of the best works by Arthur J. Keown, John D. Martin, John. W. Petty, and David F. Scott. It is the 10th edition, and certain changes take place in this book. The first chapter provides interesting information about a flow...
Summary This report evaluates the viability of a new machine that is to be purchased by Hawthorn Hospital Equipment Ltd using two methods of evaluation: the payback period and the net present value. The report then makes a recommendation on whether the new machine should be purchased or not. Evaluation...
Barclays bank Ratio analysis A financial statement ratio is computed by dividing the pound amount of one item reported in the financial statements by the pound amount of another item reported. The aim is to express a relationship between two relevant items that are easy to interpret and compare with...
The field of accounting has several areas where differing principles have to be applied in order to achieve an accurate assessment of both the performance as well as financial position of the organization in question. One such area regards the valuation methods adopted for the different assets owned by the...
The theory behind management is to run the company in the interest of the owners, and this is what the management should concentrate on. the managers have a responsibility to run the company to benefit the owners according to the stock-holders theory. Problems would occur if the managers acted or...
The spot exchange contract The decision by Saudi Fertilizers Corporation (SFC) to make a commitment of a single payment for the purchase of a ship would be based on the spot or current exchange rate of the Riyal against the Yen. This option which binds the two parties of the...
There are many ethical issues that happen to suggest themselves while working with financial statements. Considering that the accounting system has similar features to the legal system, issues that emanate from both the legal system and the justice systems can be considered. By the fact that the systems are constructs...
Introduction Segmented income statement is an important component in a firm’s financial reporting. This is mainly so with regard to firms which have diversified their operation (Kieso, Weygandt & Warfield, 2011, p. 13). This arises from the fact that it enables an organization’s management team to gain useful information regarding...
Abstract The success of any organization is dependent on its financial status. The financial statements prepared by financial managers and analysts reflect the financial position of an organization. This implies then the accuracy of various statements is a significant aspect. However, financial analysts are faced with difficulties in analyzing the...
Introduction Budget expenses variation is generally associated with various financial management principles implemented within the organizations. In general, these variations are closely linked with the origins of the business, and the marketing situation within which a company operates. The aim of this paper is to analyze the budgeting expenses of...
Introduction Working capital management is a very delicate and risky thing to do. A manager has to deal with daily cash of its company and needs to balance things like collections, disbursements, future events, borrowing, bad debts and loan repayment all at the same time. The situation the financial manager...
Introduction Companies that sell its stocks through the stock exchange are called listed companies and they enter the stock exchange through initial public offer. After the initial public offer, the stocks of the company are sold freely through the stock exchange and their prices are determined by the market forces...
Introduction Liquidity risk is a term that is used to describe the financial vulnerability that is encountered by businesses during asset disposal. Generally, it is used to mean the financial risk that might arise when a business attempts to sell its assets mainly because of the nature of the asset...
Introduction Activity-Based Costing (ABC) is a management accounting technique developed to assign specific resource costs to the different products offered by the organization. It helps management by ensuring a better understanding of customer cost, the product, and profitability. It is very useful in developing strategic decisions especially in aspects of...
Financial ratio analysis involves the calculation and comparison of ratios derived from historical financial figures of a business undertaking. These financial figures can be obtained from the published financial statements of the firm. “The level and historical trends of these ratios can be used to make inferences about a company’s...
Introduction In today’s society, the role that management plays in all facets of life cannot be overstated. Man’s ability to plan for the present and future is purely based on the fundamentals of management. As such, management in whatever capacity is the key determinant to the success or failure of...
Introduction In efforts to maximize profits, organizations need to be grounded on factors such as costs, factors that are seminal in determining the profitability of the firm. Costs are generally categorized into two; fixed and variable costs. Variable costs are those that vary with production while fixed costs are constant....
Incremental Cash Flows Once a firm has compiled a list of prospective investments, it must then select from among them that combination of projects that maximizes the firm’s value to its shareholders. This selection requires a set of rules and decision criteria that enable managers to determine, given an investment...
Introduction The recent change in contextual accounting in Europe is to adopt a distinct approach in place of traditional budgeting. This approach has been recommended given the shortcomings of the traditional budgeting exercise. Literature has identified budgeting as an important control tool in the hands of the management (Anthony &...
Introduction To begin with, there is a strong necessity to emphasize that the governing bodies for the accounting professions are numerous and act on the basis of regulating the rules and principles of the standards of accounting worldwide. Originally, the accounting principles in particular, and the accounting professions in general...
History: The Need for Activity Based Costing In the 1980s, many managers became disillusioned with their cost accounting system. This led to the adoption of activity-based costing systems because of dissatisfaction that these managers with regards to their existing cost accounting system. There are several reasons for this choice. The...
Overview In the 1920s, the conventional model of budgeting was developed. That tie was a positive step towards financial integration. However, with time, the current budgeting standards have been under immense pressure. The current budgeting model is feeling pressure from both, the theoretical as well as practical aspects. On one...
Industry: Machine Tools & Accessories Flow International Corp. Ticker: FLOW Recommendation: ● Price: 3.39 (as of 19 November 2010). Price Target: 3.50 Earnings/Share Mar. Jun. Sept. Dec. Year P/ERatio 2005A $0.07 $0.09 $0.08 $0.00 $0.00 0.0x 2006A 1.6 0.00 0.00 0.00 0.00 0.0 2007A 0.00 0.00 0.00 0.00 0.00 0.0...
Introduction There are various forms in which an individual can finance a business. The major sources of financing a business include debt and equity financing among others. An individual is therefore faced with a task of making a decision on the best form of financing depending on the size and...
Introduction Willis & Adams must address critical elements discussed in this report before accepting the new client, EarthWear Clothiers (EarthWear), for carrying out its external audit. Since EarthWear is a publicly listed company and its operations are not limited to a single market, therefore it is vital to assess the...
Introduction Modern businesses usually plan ahead before time. This is important for the businesses to be able to pay its expenses and solidify their liquidity status. Just like any other cost of the business, the process of profit planning is used to manage profits, that when further analyzed can be...
This paper is going to focus on three selected public companies: Mac Donald, Starbucks and American International group. Looking at McDonald’s balance sheet for the year 2005 we can be able to ascertain its financial position for the period ending 31st December 2005. The total current assets for McDonald in...
Introduction Guillermo Furniture Company is faced with the decision of whether to continue producing furniture, or whether to adopt a Hi-Tech technology or become a distributor of another manufacturer’s furniture. The purpose of this paper is to analyze the different financial alternatives that are available to Guillermo Furniture Company and...
Introduction The international financial market presents multiple challenges to a business enterprise seeking to strategically manage its global operations. The firm’s primary concern is to improve revenues at low costs and bring in higher profits. At the same time, modern and sound business principles dictate that in any business, prudent...
Introduction The Google Merchandise store is a platform that provides an opportunity for Google’s brand to move forward. The appropriate allocation of the budget will lead to needed and timely investments in the features that need improvement and improve the control over the cash flow (“Budgeting and business planning,” 2020)....
Computations The computations for completing comparisons between the three industries can be performed by managers at any time to determine how the company he or she manages measures in comparison to other companies. All data was taken from the income statements ending 2009 and balance statements from the end of...
Interest is the amount of funds paid to a lender in addition to the funds borrowed. Interest rate is the fixed or variable amount payable per unit time, given as a percentage or fraction of the principal and therefore determines the exact funds paid in a given period of time....
In the beginning, it should be stated that in order to provide an efficient pay-for-performance system, public schools are to invest substantial time, finances, and other resources. The mentioned aspects may be reached by making investments that go beyond a solely financial issue. Performance assessment may be considered as a...
Ingenbleek, Paul, Debruyne, Marion, Frambach, Ruud and Verhallen Theo. “Successful New Product Pricing Practices: A Contingency Approach.” Marketing Letters 14:4. (2003): 289-305. Introduction The pricing research in new product performance was mainly centred on normative strategies, and customer’s price and value judgments. Previous studies show that organisations fix new product...
Executive summary Stakeholders always rely on financial ratios to make a financial decision in relation to an organisation under consideration. Various stakeholders are always interested in various accounting ratios. Investors are interested in all the ratios while long-term debt provider is interested in the gearing ratios. Other suppliers are interested...
Abstract U.S. corporations have come under heavy criticism in the recent past due to their top executive compensation schemes. This has been especially in light of the recent financial crises which have resulted in companies failing while CEOs and company top management continue to enjoy high pay. This paper advances...
Introduction The success of any business venture can be attributed to the strength of its financial muscle. Businesses of all types and sizes certainly require funds in order for them to survive and be able to substantively grow and expand. For a business to thrive, it has to effectively compete...
Introduction Small and Medium Enterprises – SMEs as a whole play a very vital role in the stability of a country’s economy and this importance becomes more relevant in the wake of the recent financial crisis which started in the United States of America and eventually affected other parts of...
Introduction Acquisition refers to the act of contracting or taking possession of something. Firms that have an acquisition contract agree on the terms and conditions that will guide the contract. It, therefore, seems that the acquiring company starts a new project which requires specific considerations. The issues that a manager...
Although it is not easy to measure and quantify the value of statistics in modern society, the US government data plays fundamental roles in several sectors of the nation’s economy. According to Hughes-Cromwick and Coronado’s (2019) article on the value of economic data on business decisions, there are several benefits...
Due to changes observed presently in the global economy, adjustment strategies and, particularly, the development of a resilience mechanism, is needed. Given the outcomes of the financial analysis performed recently, the company will be seeing certain challenges in the nearest future. Specifically, the fact that Rolls Royce’s ROCE has dropped...
To save money, Wicked Widget have decided to pay employees per widget produced, rather than per hour spent working. They are sure that this policy will lead to gains not only in terms of efficiency – that is, less cost to the company and fewer employee minutes per widget –...
Executive Summary The objective of having an efficient costing system is to arrive at the cost and profitability of the individual unit of product or service manufactured. The system also enables the managers to have a close monitoring of the performance of the divisions by comparing the actual results with...
For a long time, profit maximization was considered as the main management goal. However, it did not give the possibility to maximize the use of the economic potential of the corporation, as, in the pursuit of momentary profit, leaders do not think about future development prospects. As the economic situation...
Introduction and Case Background BL is planning to undertake a project that will replace the existing cranes or repair the existing ones. After analyzing the two options the company should decide on the decision to make that is either maintain or repair the existing cranes or replace them. Capital Expenditure...
Abstracts The trend of investing in the financial market is an important opportunity for individuals in terms of saving and making money from their income. But the financial market is very volatilising and unfortunate with a risky environment. Thus a huge number of financial consultancy firms are growing up but...
The assignment focuses on the financial statement analysis of both BP and Shell companies. The focus of this research is to evaluate the financial performance of both Shell and BP Company. The research centered on the major financial statement ratios. Based on financial statement ratios, BP did financially better than...
The recession has forced the organizations of almost every industry to reduce their costs, increase their profit margin, gain efficiency, and maximize their value-creating potential. Of course, the prices of the products and services fluctuate due to the change that is incurred in the development and provision of those products...
Share price movements are of great concern within traders, financiers, and people related to this field of activities. The price depends on many factors. The first point in this case concerns the type of a product or service. Second, price varies in its scale. That is why the experts tend...
The difference between accounting and finance Accounting is the sphere of financial management of the hospital’s assets that does not involve any decision-making processes. It involves the arrangement of tools for assessing the current position of a hospital, i.e. through the preparation of financial and income statements, balance sheets, cash...
Introduction The purpose of the report is to present the findings of a narrative review study on the factors influencing employee turnover intentions. Employee turnover is a significant issue in contemporary management because it impacts the effectiveness of the workforce and leads to additional human resource expenses due to the...
Abstract The hospitality sector has become a particularly prominent part of the global economy in recent years. Although it includes a limited range of company types, the number of players in this sector, and their differences in sizes, services, and class are striking. The quality of service provided to customers...
Introduction The financial analysis of Coca Cola is performed in this section, which focuses on the company’s financial performance and its stock price movements in the last five years. The analysis compares the company’s stock performance with three competitors, which also operate in the global market. Lastly, the analysis shows...
Introduction “A Treatise on the New Money,” originally written in Latin, is believed to be created by William de Turnemire, a Master of Mint, or probably a foreigner, who was a Master of Mint as well, circa 1290. The treatise is devoted to the issue of coinage, purchasing silver, and...
The pricing strategy and pricing principles that would allow the firm to meet its objectives effectively are being developed in parallel, and working on a pricing strategy is a long-term economic process because it is impossible to create a plan that could then be used for many years. The pricing...
Introduction Acquisition management is also termed procurement management or contract management. It is the process within which a company obtains the resources required for the production of economic goods to be sold to its consumers. The formalized acquisition process of products and services has its foundation in military logistics. In...
Introduction Since the choice of a company that warrants an investment is complete, the analysis can now move on to a more detailed investigation of Walmart. While the initial impressions of the company are positive, it may be operating in an unsustainable manner and be a poor investment choice. Ratio...
