Financial Institution Essays (Examples)

Introduction
The banking business sector is enormously impacted by the perceptive and imperceptive factors in an intensely competitive environment. In recent times, this competition has stiffened all the more with the advancement of globalization. In each regard of their business operations, banks ought to take effective measures in order to diminish risk by pinpointing the prospective causes based on real-world circumstances. Imperatively, the banking sector is deemed to be a significant source of financing for several companies and entrepreneurs. In the past decade, there have been dramatic changes concerning the management of risk in the banking industry. Progressively more financial institutions and managers have augmented the focus on the significance of risk management. In delineation, risk management encompasses the practice of identifying, assessing and listing of risks followed by organized and cost-effective application of resources to curtail, supervise and control the probability and influence of disastrous events or to capitalize…

International Acquisition
EU or not EU?
On the question of whether to expand into the European Union or not, there are a few different considerations for an American firm. While the EU has a fairly complex regulatory environment that could prove challenging, the decision as to where to expand internationally still has to be more of a market-based decision. That means looking at an ROI or net present value type of calculation, weighing the cost of entering the market against the size of the market opportunity. That calculation might show that the EU is the best choice for international expansion, or it might not.
There is a lot of information available about expanding into Europe, so at least the decision to enter the EU market or not can be made with a fairly robust set of information guiding it. Each of the 28 member nations publishes material for exporters, and…

Financial Analysis of Lehman rother

Lehman rothers

The history has been full of financial collapses and financial scandals and one of the biggest financial collapses that a company has ever seen was that of Lehman brother. The collapse of a firm as huge as Lehman rother and a firm which has such great experience of over a hundred years lead the world into a shock. It created doubts in the minds of people regarding the condition of other financial institutions. The history of Lehman rother is rich which is further discussed.

The history of Lehman rother dates back to 1844, when a boy named Henry who was a 23-year-old son of a cattle merchant who immigrated to the United States from Germany and he settled in Alabama State of the United States where he opened dry goods store. In 1847, when Henry Lehman's elder brother arrived to Alabama, the firm…

Bibliography

1. Bebchuk, L.A., Cohen, A., & Spamann, H. (2010). The Wages of Failure: Executive Compensation at Bear Stearns and Lehman 2000-2008. Yale Journal on Regulation,27(2), 257+.

2. Blake, D. (2000). Financial Market Analysis. New York: Wiley. Cetorelli, N., Mandel, B.H., & Mollineaux, L. (2012). The Evolution of Banks and Financial Intermediation: Framing the Analysis. Federal Reserve Bank of New York Economic Policy Review, 1+.

3. Dwyer, G.P., & Tkac, P. (2009). The Financial Crisis of 2008 in Fixed Income Markets.Federal Reserve Bank of Atlanta, Working Paper Series, 2009(20), 1+.

4. Fitzpatrick, T.J., & Thomson, J.B. (2011). How Well Does Bankruptcy Work When Large Financial Firms Fail? Some Lessons from Lehman Brothers. Economic Commentary (Cleveland), (2011-23), 1+.

Financial managers and CEO's play important roles in ensuring that organizations meet their specific goals. The skill levels for both positions are high and require a great deal of patience and experience. The purpose of this discussion is to determine whether being a financial manager is the best preparation for later becoming a CEO.

ole of the Financial Manager

According to the Bureau of Labor, financial managers must have a bachelor's degree in a field such as business administration, accounting, economics or finance. Although, as the business world becomes more competitive, organizations are requiring financial managers to have Master's degrees and a great deal of experience before they can become financial managers. The Bureau also explains that financial managers are vital to the success of any organization and their jobs involve supervising the preparation of financial reports, direct investment activities, and implement cash management strategies. As computers are increasingly used…

References

Campbell, M.W., Kowalski, R.B. Healthcare Financial Management Association Apr 2000

Financial Managers. 2004. Bureau of Labor and Statistics.  http://www.bls.gov/oco/ocos010.htm

Financial Derivatives

This study emphasized the importance roles of financial derivatives, which has been known for the last decade and its effects on the Global financial crisis. It further analyzes the impact of financial derivatives and how it can be controlled to prevent corporations from incurring a lot of risks. It also explains the existence of financial derivatives since 1970, to the recent Global Financial Crisis which occurred in the 2006.

Risk is a feature associated with all productivity. As a result, financial markets adjust themselves to the fluctuation of exchange and interest rates. Hedging risk, these corporations highlight the importance of risk management tools known as Derivatives. Derivatives are defined as financial tools providing investors with effective solutions when avoiding risk caused from market volatility (Dodd, 2006). Financial derivatives are considered to be an effective risk management tool associated with Financial Engineering creating solutions to financial problems (Marks, 2010).…

Works Cited

Angel, James, and Douglas McCabe. "The Business Ethics Of Short Selling And Naked

Short Selling." Journal Of Business Ethics 85.(2009): 239-249. Business

Source Elite. Web. 1 Apr. 2012.

Barth, Mary E., and Wayne R. Landsman. "How Did Financial Reporting Contribute To

Financial Analysis

Threats and vulnerability: A case study of Shoe Carnival, Inc.

Shoe carnival overview

Shoe Carnival Inc. is a publicly traded company that offers a range of footwear products for all categories of customers, men, women, children and sportswear. It also offers casual wear products and other assorted products such as handbags. Its headquarters are situated in Evansville, Indiana and it runs over 300 stores across several states mostly concentrated in South, Midwest, and Southeastern states of the U.S. David ussell, who had sold shoes for over 20 years in the traditional way, founded Shoe Carnival after feeling convicted that that was what he wanted to do. In the year 1978, and with is personal savings and some capital from his in-laws, he opened his first store that he called "Shoe Biz." His main idea was to create a shoe store made shoe-shopping fun. The major difference with ussell's…

References

Funding Universe (2012) Company Histories and Profiles: Shoe Carnival Inc. Retrieved from http://www.fundinguniverse.com/company-histories/Shoe-Carnival-Inc.-company-History.html

Laboureconomic's weblog (2012) The Effects of Fon Competition: U.S. Firms. Posted May 4, 2011, retrieved from  http://laboureconomics.wordpress.com/2011/05/04/the-effect-of-foreign-competition-us-firms/ 

Lowth, G., Prowle, M., Zhang, M. (2010) The Impact of Economic Recession on Business Strategy Planning in UK. Chartered Institute of Management Accountants. Vol.6, Issue 9.

Shoe Carnival (2012) Shoe Carnival 2011 Annual Report. February 2012. Retrieved from  http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0CGQQFjAC&url=http%3A%2F%2Fphx.corporate-ir.net%2FExternal.File%3Fitem%3DUGFyZW50SUQ9OTM1OTR8Q2hpbGRJRD0tMXxUeXBlPTM%3D%26t%3D1&ei=6E7LT5zEBc7SsgbC0vGaBw&usg=AFQjCNHQ73w5pPAXL97G7uC-A3yGWjEKKQ&sig2=LmOSYlJO7izfAl1ssOpxDQ

The decision of investing or not here then depends on the personal adversity to risk of each individual investor. The general theory states that each investor should construct a diversified portfolio, which adequately balances high risk-high gain shares with medium or even low rates of risk and gains (Hagin, 2004). New Zealand could then be assimilated with a medium risk-medium gain share, and as such would be perceived as a valuable addition to one's portfolio. In this order of ideas then, the recommendation would be that of investing in the country.

eferences:

Amadeo, K., 2009, An Introduction to the Financial Markets, About, http://useconomy.about.com/od/themarkets/a/capital_markets.htm last accessed on December 17, 2009

Hagin, ., 2004, Investment Management: Portfolio Diversification, isk and Timing -- Fact and Fiction, John Wiley and Sons

Healy, J., 2001, New Zealand Capital Markets, Ministry of Economic Development, http://www.med.govt.nz/upload/18163/healy.pdf last accessed on December 17, 2009

Malkin, B., 2009, Financial Crisis:…

References:

Amadeo, K., 2009, An Introduction to the Financial Markets, About,  http://useconomy.about.com/od/themarkets/a/capital_markets.htm  last accessed on December 17, 2009

Hagin, R., 2004, Investment Management: Portfolio Diversification, Risk and Timing -- Fact and Fiction, John Wiley and Sons

Healy, J., 2001, New Zealand Capital Markets, Ministry of Economic Development,  http://www.med.govt.nz/upload/18163/healy.pdf  last accessed on December 17, 2009

Malkin, B., 2009, Financial Crisis: Australia and New Zealand Guarantee All Ban Deposits, The telegraph,  http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3187662/Financial-crisis-Australia-and-New-Zealand-guarantee-all-bank-deposits.html  last accessed on December 17, 2009

This seems to have been in response to the perception of an upcoming slowdown and indicates that the firm is both cognoscent of its liquidity position and is taking steps to ensure the robustness of that liquidity position.

Moreover, in terms of cash flow coverage, State Street is in a solid position. Cash flow coverage measure the ability of the firm to pay its interest expense. In each of the past three years, State Street has generated more interest revenue than they have incurred interest expense.

Because it is difficult to separate operations and investments in a financial services firm, such as State Street, measuring the firm's operating efficiency is valuable. State Street's asset turnover is 6.7%. The gross margin was 15.1% in the past year, slightly down from the previous year. Overall, the gross margin has been steady and healthy over the past few years. If one were to…

Works Cited

State Street stock information from Reuters. Retrieved April 27, 2008 at  http://stocks.us.reuters.com/stocks/ratios.asp?symbol=STT&WTmodLOC=R2-Ratios-1-More 

State Street Corp 2007 Annual Report. Retrieved April 27, 2008 at http://library.corporate-ir.net/library/78/782/78261/items/284296/STT_AR.pdf

Financial Crimes

Knights Templar

The Order of the Knights Templar (Poor Knights of Christ and the Temple of Solomon) was founded in 1118 to protect Christians on pilgrimage to Jerusalem (Blacktorne, 2011). The Order was sanctioned by King Baldwin II of Jerusalem and he quartered the nine original knights in the old stables at the Temple of Solomon. All members had to give over all of their wealth and goods to the Order and take vows of poverty, chastity, piety, and obedience just like other monks (Langue, 2011). A majority of the members joined for life, although a select few were also allowed to join for specific duration.

The Templars' were considered the first international banking organizations. Although this wasn't there specific title they charge a fee (interest) for issuing letters of deposits (checks). Some also view them as a multinational corporation; however the banking reference seems to hold more…

6- BCCI "Bank of Credit and Commerce International

The Bank of Credit and Commerce International (BCCI) was a major international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The Bank was registered in Luxembourg. It operated in 78 countries, had over 400 branches, and had assets in excess of twenty billion making it the seventh largest private bank in the world by assets (Kanas, 2005). In the late 1980's BCCI became the target of a two-year undercover operation conducted by the U.S. Customs Service. This operation concluded with a fake wedding that was attended by BCCI officers and drug dealers from around the world who had established a personal friendship and working relationship with undercover Special Agent Robert Mazur (Lohr, 1991).

After a six-month trial in Tampa, some of the key bank officers were convicted and received lengthy prison sentences. BCCI came under the scrutiny of regulatory bodies and intelligence agencies in the 1980s due to its perceived avoidance of falling under one regulatory banking authority. It was actually set up to be not under any regulatory bodies' control at all. Thus the international bank could help people who wanted to hide money from taxation or even launder money. The true extents of the ties with other banking institutions were never fully uncovered. The prosecutors claimed that they busted the largest money laundering system ever yet many reports at the time feel like they barely scratched the surface (Baquet, 1991).

Financial estatement

2009 was a stellar year in terms of corporate financial restatements; just 630 U.S. companies reported 674 accounting problems serious enough to warrant a restatement, a dramatic 24% decline from the number of companies with accounting problems in 2008" (Krantz, M. March 1, 2010). However, for Citizens First Bancorp Inc., 2009 was not a year in which to celebrate. In the first and second quarters Citizens was forced to restate their earnings based on two separate incidents, the first involving "an accounting error on a $7.5 million impairment of its deferred tax valuation allowance" (Barba, . October 20, 2009). Second a regulatory action by the Federal Deposit Insurance Corporation (FDIC), which involved allegations of "inappropriate behavior at the company, including removing unfavorable appraisals from the loan files, in an attempt to avoid the recognition of additional loan losses" (Barba, . October 20, 2009). The FDIC required Citizens to…

References

Alloway, T. (November 4, 2010). The deferred tax asset disaster. Financial Times.

Retrieved December 9, 2010 from  http://ftalphaville.ft.com/blog/2009/11/04/81371/the-deferred-tax-asset-disaster/ 

Barba, R. (October 20, 2009). Regulators' views force restatement. American Banker.

Vol. 174, Iss. 191; pg. 1. Retrieved December 9, 2010 from  http://proquest.umi.com.ezp.waldenulibrary.org/pqdweb?index=0&did=1886779431&SrchMode=2&sid=26&Fmt=3&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1291831024&clientId=70192

Financial Accounting

The reasons companies create and maintain accounting systems

Accounting is the language of business. The ability to record transactions is critical for companies in regards to keeping track of critical performance metrics. The subsequent management of revenues and expenses is critical for the sustainability of the business. Accounting systems, therefore, are needed for accurate assessment of business progress. Businesses create these systems to help facilitate their overall strategic objectives. For instances, if accounts receivables are high, management may be inclined to increase credit terms to discourage customers from borrowing. A natural reaction from this strategic move could possibly be an increase in customers paying in cash. Through tightening credit, management was able to avoid potential delinquencies while increase the cash on hand. These decisions can be made through accurate and timely accounting systems.

In addition, accounting systems can help businesses determine methods by which to improve operations. Aspects…

As per IC Sec. 1033(h), the tax rules for the replacement of those properties destroyed or converted in such cases are eased and the overall replacement period extended as well. "Some rules were also revised like the 'ev. ule 95-22' which considers the funds received for the primary residence as well as scheduled property such as jewelry, pieces of art, coins, etc. which had been insured, as funds for a single item of property." (IS, Tax Law Changes elated to Hurricanes Katrina, ita and Wilma) These funds were to be considered as a "common pool" of proceeds from which the gains realized by the taxpayer could be to the extent of the amount exceeding the expenses after meeting a suitable replacement property. This revised rule also clarifies that the replacement property could refer to the residence being replaced or any scheduled private property "in any proportion." (Kess, Hurricane Katrina tax…

References

Agnew, Christine, L. Come Hell and high water: Can the tax code solve the post-

Katrina insurance crisis?

Brown, D.M. Hurricane Katrina: The First Seven Days of America's Worst Natural

Disaster. Kessinger Publishing. 2005.

eport: 2

The developments of credit derivatives began in 1980s as a new financial innovation after the swap market started. Swap market provided derivative organizations with profit due to their intermediary position while the credit margins for borrowers were reduced. As the swap market developed there was the development of new interest derivatives so that there were additions to the list of products. Credit derivatives are relatively recent introductions and these are mechanisms for the credit institutions to separate the credit risk from their loans and treat market risk as a separate category so that their pricing efficiency could be more competitive and the concerned organizations could be more competitive in the market. (Credit Derivatives Move Beyond Plain Vanilla)

Thus one can say that credit derivatives are a recent form that can be used by bankers to reduce risk, or increase risks and thus meet their corporate objectives. The general…

References

Aggrawal, Sunil K. Credit Derivatives Move Beyond Plain Vanilla. Retrieved at http://pages.stern.nyu.edu/~sjournal/articles_00/credit_derivatives.htm. accessed 27 July, 2005

Black Scholes Model. Retrieved at  http://www.cs.sunysb.edu/~mverma/blackscholes.htm . accessed 27 July, 2005

Cox, Daniel. FAS 123(R): Lattice vs. Black-Scholes. Retrieved at  http://www.fmnonline.com/publishing/article.cfm?article_id=836accessed  27 July, 2005

Credit Derivatives. Retrieved at  http://www.finpipe.com/crederiv.htm . accessed 27 July, 2005

Financial Management

Significance of Interest to the economy:

Interest rates keep on changing with the passage of time; the rates which were present a month ago are quite different from the current rates. This is because the interest rates change with the change in the growth of the economy. The expectations of lenders and borrowers regarding the future prices also affect the interest rates (Trainer, 2012).

The interest rates in U.S. are affected by the values of the dollar, by foreign interest rates and also by the close examination of the monetary policy actions which are taken by the Federal eserve. In our market economy a great role is played by the interest rates. Interest rates work just like traffic signals. The way in which the signals direct the traffic on intersecting roads, similarly interest rates manage the flow of money to borrowers from savers. Usually in the fund movement,…

References

Trainer, R. (2012). The Basics of Interest Rates. Federal Reserve Bank of Newyork. Taken from:  http://ecedweb.unomaha.edu/ve/library/boir.pdf 

Risk Institute. (2012). Sources and effects of interest rate risk. The Principles for the Management of Interest Rate Risk. Taken from: http://riskinstitute.ch/138860.htm

Indeed, risk-seeking is pervasive in the financial industry, as competition compels banks to seek higher returns. Regulation such as capital requirements can help to reduce risk-seeking behavior, although the negative affect such regulations have on value can ultimately encourage at least some degree of risk-seeking. Despite this unintended potential consequence, regulation serves to neuter overly aggressive bankers and reduces risk in the banking system. Reducing the risk in the banking system is congruent with the government's objective of making effective use of taxpayer money.

A fourth consideration is that consumers demand regulation. hile this does not constitute an economic case for regulation, it must be understood that governments are not motivated by purely economic considerations. Consumers want to know that their deposits are safe and that they can access money when needed for homes, vehicles and small businesses. Consumer demand, while irrational, is a key driver in the level of…

Works Cited:

Llewellyn, D. (1999). The economic rationale for financial regulation. Financial Services Authority. Retrieved November 13, 2009.

Hellmann, T., Murdock, K. & Stiglitz, J. (2000). Liberalization, moral hazard in banking, and prudential regulations: Are capital requirements enough? The American Economic Review. Vol. 90, 1, 147-165.

Financial Development

Every country has a different level of financial development. The World Bank uses four measures of banking development: depth, access, efficiency and stability. An international banking conglomerate considering expansion will want to understand a country's local banking conditions in order to have the most informed view, to help with making the expansion decision. In this scenario, the countries being evaluated are the United States, Saudi Arabia, Brazil, India, South Africa, Iran, China and Turkey. This report will analyze the banking systems of each of these countries against the World Bank criteria.

Basic Economic Conditions

Before investigating the banking systems in each country, a brief overview will be provided of the prevailing economic conditions in each nation. The size of the economy, measured by GDP and by GDP per capita, is related to the market potential for a bank to enter the country. The more money there is a…

References

Chossudovsky, M. (2008). Global financial meltdown: Sweeping deregulation of the U.S. banking system. Global Research Retrieved December 5, 2014 from  http://www.globalresearch.ca/global-financial-meltdown-sweeping-deregulation-of-the-us-banking-system/10588 

CIA World Factbook: Various pages. (2014). Retrieved December 5, 2014 from  https://www.cia.gov/library/publications/the-world-factbook/geos/us.html 

Dheghan, S. (2014). UK and Iran agree to re-establish direct diplomatic relations. The Guardian. Retrieved December 5, 2014 from  http://www.theguardian.com/world/2014/feb/20/uk-iran-direct-diplomatic-relations 

FRED. (2014). Personal savings rate. Federal Reserve Bank of St. Louis. Retrieved December 5, 2014 from  http://research.stlouisfed.org/fred2/series/PSAVERT/

financial derivatives? What are they used for? Types of derivatives. Types of derivatives markets (where are they negotiated).

What are financial derivatives?

Financial derivatives are essentially a financial contract between two people or two entities that depends on the fulfillment of an economic asset in the future, such as a stock, a bond, commodity, or a currency. The two parties make agreements between each other to ensure that all aspects of it will be covered and work in a specific way by a certain date. Financial derivatives, by the way, are called so since the term 'derivative' denotes that their value 'derives' from underlying assets like stocks, bonds and commodities. These financial derivatives can range from something as simple as a private agreement to something that is controlled by rules and restrictions.

Different types of derivatives

There are various derivatives that meet different needs.

Some of these derivatives are the…

References

Citeman. Need and types of financial derivatives  http://www.citeman.com/5293-need-and-types-of-financial-derivatives.html 

NY TImes,( 2012) Derivatives  http://topics.nytimes.com/top/reference/timestopics/subjects/d/derivatives/index.html 

O'Harrow, R. (Wednesday, April 21, 2010). A primer on financial derivatives. Washington Post

 http://www.washingtonpost.com/wp-dyn/content/article/2010/04/20/AR2010042004666.html

financial analysis of Chevron from the perspective of a potential creditor. The issue surrounds primarily the creditworthiness of Chevron rather than the type of credit that would be issued. Specifically, the issue is whether "we" would lend Chevron 10% of its net assets. The net assets for Chevron are $209.474 billion, so the amount in question is $20.9 billion in new debt. The report will first analyze the financial statements of Chevron in general terms, focusing on trends and ratios, and drawing conclusions about the overall financial health of the company based on that analysis. The second part of the paper will outline some of the criteria that a lending institution would have for lending to a company, and then that criteria will be applied to Chevron specifically.

Chevron operates in the hydrocarbon industry, where it is one of the world's largest companies with sales of $241.9 billion and net…

Works Cited:

2011 Chevron Annual Report. Retrieved February 25, 2013 from  http://www.chevron.com/annualreport/2011/ 

Chevron. (2013). Corporate officers. Chevron.com. Retrieved April 20, 2013 from  http://www.chevron.com/about/leadership/corporateofficers/ 

MSN Moneycentral. (2013) Chevron. Retrieved February 25, 2013 from  http://investing.money.msn.com/investments/stock-price?symbol=CVX&ocid=qbes 

Moffat, M. (2013). What is the price elasticity of demand for gasoline. About.com. Retrieved February 25, 2013 from  http://economics.about.com/od/priceelasticityofdemand/a/gasoline_elast.htm

Financial Analysis of Mcdonald

A financial analysis McDonald's Cor

Company Overview

McDonald Corporation is a global company that conducts business in 117 countries. McDonald operates 32,737 restaurants and 26,338 franchises in the highly competitive fast food industry. Since 1940, McDonald has built a loyal customer base by continuing dedicating to customer service and providing high quality fast food for customers. Presently, McDonald could boast of over 60 millions customers and the company serves average of 64 millions customers daily. In the United States, and other countries where McDonald is operating, fast food business is very competitive. Despite the competition that McDonald is facing, the company has been able to record revenues of more than $16 billions in restaurants and revenues of more than $7 billions in franchise restaurants business. McDonald operates in six geographical locations. The company business operations are in the U.S., Europe, Middle East, Asia-Pacific, Latin America and…

References

Infinancials (2011). McDonald's Corp. Market valuation multiples. Infinancials.

Mizen, P. (2008). The Credit Crunch of 2007-2008: A Discussion of the Background, Market Reactions, and Policy Responses. Federal Reserve Bank of St. Louis Review. 90(5):531-67.

Putilina, I. (2010). A Financial Analysis of McDonald's Corporation. Economic Research Center.

Stapleton, R.C & Subrahmanyam, M.G.(2009). Interest Rates and Foreign Exchange Risks: An Overview of Hedging Instruments and Strategies. University of Lancarster.UK.

The article that was written by Conley (2011) discusses the impact that collateralized debt obligations (CDO's) would have upon the subprime loans. These were created in 1987, by the Wall Street firm Drexel urnham. In this product, the investment bankers would take a number of different articles and combine them together as one investment. The various assets that were used included: junk bonds, mortgages and other high yielding investments from the debt. The idea with these different products is that the investment bank could offer customers a stated return on their investment. The way it worked is the brokerage firm would distribute each investor, the stated amount of returns that they would make off of the tranche (the CDO investment). This was derived using a complex mathematical formula that would divide the total amount of interest that was received, from the various high yielding products that were inside the CDO.…

Bibliography

Case Study, 2011, Investopedia. Available from: [14 February 2011]

Citi Merger a Mistake, 2008, Huffington Post. Available from: [14 February 2011].

Deregulation Redux, 2011, FCIC. Available from: {14 February 2011].

Derivatives, 2011, Financial Dictionary. Available from: [12 February 2011].

Financial Accounting

Financial accounting is mainly concerned with the financial statements that are given to the stockholders, lenders, financial analysts as well as other important factions outside the company. The accounting principles come hand in hand with financial accounting since they are used in reporting the results of the corporation's past transactions. These transactions are reported on balance sheets, the statement of changes, the statement of cash flow, and the income statement. Financial accounting is mainly used as a representation of the financial health of an organization to the stakeholders. The audience of financial accounting includes board of directors, financial institutions, and the stakeholders. The financial accounting presents a specific period in the history of the organization. The information helps the audience to review the performance of the company (Needles, Powers, & Crosson, 2013).

Managerial Accounting

In contrast, managerial accounting focuses on the provision of information inside the company to…

financial system trials tribulations starting early 2008. Indicate major reasons contributed financial market's collapse. Please leave a space reason. -College Level paperOrder ID

Five major factors that contributed to the financial market's collapse

eason 1: Historically low interest rates

The first major contributor to the collapse of the worlds' financial markets was the housing bubble. The Federal eserve dropped interest rates to historically levels after the September 11 terrorist attacks and the dot.com bubble burst. This was to generate more spending and borrowing and propel the nation out of recession. Low interest rates encouraged people to buy on credit. Many people took out mortgages, thinking that this was a good time to buy a house, and many others took out mortgages hoping to 'flip' a house, or sell it for more than they paid for it, as they were convinced that it was impossible for housing prices to go down…

References

Shah, A. "Global financial crisis." Global Issues. 2010. [May 24, 2011]

 http://www.globalissues.org/article/768/global-financial-crisis 

"The reasons behind the global economic crisis." Fair Loan Rate. 2008.

Finance: Financial Investment

Finance

Today's investment environment is more dynamic than it was a decade ago. This is particularly the case given that today's global economy is much more complex. Further, with information moving faster than it used to, the ripple effects of events happening in any given place are often felt in far away economies. Essentially, some of the challenges investors encountered a decade or so ago are not the same ones they encounter today. One of the key challenges in today's investment environments is sluggish global economic growth. As Connolly (2014) points out, although the trend could be changing (going by recent performance), "the U.S. economic growth rate has been relatively sluggish." Slow rate of economic growth causes significant uncertainty which is not ideal for investment. Next, it is also important to note that the volatility of equity markets has been rather extreme in the recent past. This…

References

Connolly, M. (2014). The Stock Market in 2014: Up, but Volatile. Retrieved from www.nhbr.com/The-stock-market-in-2014-up-but-volatile/

Gold, M. (2011). Fiduciary Finance: Investment Funds and the Crisis in Financial Markets. Massachusetts: Edward Elgar Publishing.

MSN. (2014). Apple Inc. (NASADAQ: AAPL). Retrieved from  http://investing.money.msn.com/investments/stock-ratings/?symbol=AAPL

Financial atios of a Prospective Borrower

Financial ratio analysis is a quantitative tool used to analyze financial standing of a business entity. The ratio analysis can also be used to compare financial capabilities of companies in different industries. This paper discusses how financial ratios can be used to answer questions about the management, marketing, and production capabilities of a prospective borrower. The paper also identifies ratios that demonstrate management competency and are mandatory to a financial services regulator.

atios demonstrating Production, Management, and Marketing Capabilities of a prospective Borrower

In the contemporary business environment, firms rely on loans from banks to improve their business operations. However, before a bank or other financial institutions can offer loans to organizations, they have to evaluate management competency, production, and marketing capabilities of a prospective borrower. The bank uses different financial ratios to analyze production efficiency of a prospective borrower.

An efficiency ratio is…

Reference

Investopedia (2015). Ratio Analysis: Using Financial Ratios. Investopedia Inc.

Morning Star. (2016). Apple Inc. AAPL. Morning Star Inc.

Develop a financial strategy for using global nursing strategies to increase fiscal responsibility. Include the positive and negative financial impact of bringing foreign healthcare providers into a financial organization. Examples such as physicians, nurses, and therapist should be evaluated and assessed for financial viability.
Healthcare institutions may be faced with fiscal constraints at some point in their growth process therefore necessitating austerity measures and sound business practices that will help minimize costs and enhance operational and financial efficiency inside the hospitals (Dong, 2015). Many questions arise as to how the financial management culture in healthcare institutions can influence care quality. This research paper attempts to identify the global nursing strategies that would increase financial responsibility in healthcare institutions as well as the financial impact that hiring foreign healthcare providers into the financial organization has.
According to Dong (2015) there is a significant statistical relationship between the financial performance of a…

The second purpose of the $700 purchase of troubled assets is to create a market for the securitized versions of these assets. As a result of the crisis, the market for these assets became illiquid. The value of securitized debt obligations became near zero, which severely impacted the balance sheet of all banks that held these assets. By creating a secondary market for these products, the government hopes to increase their value. This will improve the balance sheets of the banks.

The second key clause in TARP is that banks selling troubled assets to the government are required to give the government warrants. This, in theory, protects the government from losses. The theory is that the banks will see an increase in value as a result of the government's efforts, allowing the government to profit from the warrants.

Ancillary to TARP was the FDIC's excusing of troubled assets in its…

Works Cited:

Dash, E. & Sorkin, a. (2008). Government seizes WaMu and sells some assets. New York Times. Retrieved November 3, 2009 from  http://www.nytimes.com/2008/09/26/business/26wamu.html 

Smith, a. & Yandle, B. (2009). Too big to fail, read, count or stop. Cato Institute. Retrieved November 3, 2009 from  http://www.cato.org/pubs/regulation/regv32n2/v32n2-11.pdf 

McIntire, M. (2009). Bailout is a windfall to banks, if not to borrowers. New York Times. Retrieved November 3, 2009 from  http://www.nytimes.com/2009/01/18/business/18bank.html?_r=2&pagewanted=1 

White, L. (2009). Federal Reserve policy and the housing bubble. Cato Journal. Retrieved November 3, 2009 from  http://www.cato.org/pubs/journal/cj29n1/cj29n1-9.pdf

stock market and the Banks promote economic growth and it provides a critique of their functions in transitional economies. Every country depends on its economy for its growth. For a country to be stable it has to be stable in terms of its economy. Bank and stock market contribute to a great extent to the economy growth of every country where it provides firms with opportunity to get funds thus encouraging more investment from the firms. At the same time they give information on the ways resources should be allocated. The development of a financially sound, market-oriented banking system is always considered to be fundamental to a flourishing transition. Arguably, it is important to macroeconomic stability and to positive long-term growth prospects. As documented, bank intermediation in transition economies continues to be stunted after a decade or addition of reform, mainly where advancement in banking reforms is inadequate. The banking…

WORK CITED

Atje, Raymond and Jovanovic, Boyan, (April 1993), "Stock Markets and Development," European Economic Review, 37 (2/3), pp. 632-40.

Bagehot, Walter. (1873) Lombard Street. Homewood, IL: Richard D. Irwin, (1962

Edition).

Bresharan, T., Milgrom, P., and Paul, J., (1992),"The Real Output of the Stock

UXB2B: Chinese Taipei

The case of UXB2B speaks of a rather new technological procedure and application to resolve e-commerce issues related to internet security and e-finance logistics for trading partners in the supply chain industry. However, I digress. UXB2B is an e-commerce company that specializes in the development of e-business applications designed to enable supply chain integration through a streamlined and secure software link. Leadership Information: The CEO of the company has a research background in national defense and an educational background in computer and information science

The software, UXB2B had e-everything as its selling point. For example the software enabled eSales, eProcurement, and eFinance; collectively called "SaaS (Software as a Service)"

SaaS met the requirement that UXB2B sought to bring to the market place. The software enabled e-communication amongst all stakeholders to exchange information to open and close transactions via an interconnected system. t first glance, success in the…

Additionally, a SWOT Analysis or a Strength, Weakness, Opportunities, Threats analysis can reveal critical information necessary to identify an appropriate company to assist in the development of a new model for implementation in the new market. The critical nature of identifying the proper market and company to develop the platform for implementation is primary in the research stage prior to selecting the new company. The company selected will admire to know why their business was selected and what the potential market is for this technology.

APEC Asia-Pacific Economic Cooperation. UXB2B Chinese Taipei The Financial Service Platform. Copyright 2010 APEC Secretariat

APEC Asia-Pacific Economic Cooperation. UXB2B Chinese Taipei The Financial Service Platform. Copyright 2010 APEC Secretariat

Financial system serves as the economic backbone of the country. Financial markets provide capital to businesses, and home owners and a safe haven for income. The financial system includes a variety of financial institutions (different types of banks, for example) as well as the central bank, the stock market and other peripheral types of businesses like mutual funds. For individuals, the system provides a safe place for deposits, and access to capital for things like mortgages, college education or cars. For businesses, banks are a critical source of investment capital that is used for expansion. Thus, the financial system allows for our economy to grow, and for consumers to be able to afford to live better. For the economy, it is critical to have a robust financial system. hen the financial system is weakened, as happened in 2008, the results for the economy can be devastating (Levine, 2010). This is…

Works Cited:

Reuters. (2013). Bernanke says stress tests make banks more stable. CNBC. Retrieved May 5, 2013 from  http://www.cnbc.com/id/100625500 

Levine, R. (2010). An autopsy of the U.S. financial system. National Bureau of Economic Research. NBER Working Paper No. 15956.

Financial Crisis

Past financial crises provide us with a framework for understanding the best responses to future crises. There are three types of responses, and the best response will contain some form of all three. These are monetary policy, fiscal policy and regulatory policy. The latter is more a long-term response, essentially learning from the crisis and adjusting the legal/regulatory environment to reduce the odds of a similar future crisis emerging. More important from an economic point-of-view are the monetary and fiscal policy responses, and these will be the focus of this paper. In a forward-looking examination, it will be challenging to get much useful from 1907, because the environment then was different in every meaningful way from how it is today, but the responses can still provide some insight into financial crisis response. While all of the crises are different, they all have similar conditions -- there is panic…

References

Chen, L. (2010). Banking reform in a hostile climate: Paul M. Warburg and the National Citizens' League. Harvard University. Retrieved July 5, 2015 from  http://www.fas.harvard.edu/~histecon/crisis-next/1907/docs/Chen-Warburg_Final_Paper.pdf 

Bernanke, B. (1999). Japanese monetary policy: A case of self-induced paralysis. Princeton University. Retrieved July 5, 2015 from  http://www.princeton.edu/~pkrugman/bernanke_paralysis.pdf 

Svensson, L. (2005). Monetary policy and Japan's liquidity trap. Princeton University, CEPR and NBER. Retrieved July 5, 2015 from  http://www.esri.go.jp/jp/workshop/050914/050914Svensson.pdf 

Critchley, B. (2012). Differences in Canada and Australia's approach to financial crisis resolution. Financial Post. Retrieved July 5, 2015 from  http://business.financialpost.com/news/fp-street/differences-in-canada-and-australias-approach-to-financial-crisis-resolution

Financial Contracting for New Venture:

Investments in a new venture usually involve financial contracts between the entrepreneur and external investors. These external investors include venture capitalists, angel financiers, banks, private financing companies, and credits unions among others. Notably, financial contracts can have positive and negative effects on the new venture. For instance, an angel financier can add a clause on the financial contract that will not permit the entrepreneur to borrow more funds without permission from the lender. While this is likely to occur when the lending institution has a mortgage or lean on the venture's property, the clause is usually added to lessen foreclosure risk. As an individual seeking to venture in a clothing business for the Mixed Martial Arts customers to provide shirts, hoodies/fleeces, and hats, it is important to choose the most appropriate type of financial contracting with the external investor. This process of selecting the most…

References:

Anderson, C. (2013, January 25). 8 Things You Need to Know About Starting A Fashion

Business. The Huffington Post. Retrieved January 10, 2014, from  http://www.huffingtonpost.com/2013/01/24/starting-a-fashion-business_n_2534518.html 

de Bettignies, J. (2008, January). Financing the Entrepreneurial Venture. Management Science,

54(1), 151-166. Retrieved January 10, 2014, from  http://web.business.queensu.ca/faculty/jdebettignies/docs/EntrepFinPrintedVersion.pdf

Financial Management

Content Find articles address financial reporting practices ethics standards health care finance, including * generally accepted accounting principles * corporate compliance, ethics, and fraud abuse

Financial management: Literature review

Healthcare institutions, like all organizations, are continually confronted with the four basic elements of financial management: deciding what to invest in or produce; how to finance those investments or products; how to manage assets, and how to report those assets in a manner that is useful and also complies with all necessary regulations. This paper will provide an overview of two recent articles, one on the necessity of uniform accounting procedures to ensure ethical and legal compliance amongst healthcare institutions and the other on the financial consequences of failing to do so for the institution itself.

Article 1: Maintaining the strength of your convictions

According to Larry Tyler's 2004 article "Maintaining the strength of your convictions" "Most financial executives…

References

Adam. (2007). Dot. Boston. Retrieved August 12, 2011 at  http://adamp.com/college/us-gaap-vs.-international-gaap-vs.-unified-gaap/ 

Fong, Gary R., Randy Wiitala & Frederick Stodolak. (2011). Uncovering pharmacy department risks and opportunities. Healthcare Financial Management Association Journal. Retrieved August 12, 2011 at  http://www.hfma.org/Publications/hfm-Magazine/Archives/2011/May/Uncovering-Pharmacy-Department-Risks-and-Opportunities/ 

Rode, Dan. (1990). Uniform accounting standards enable accurate comparisons.

Healthcare Financial Management. Retrieved August 12, 2011 at  http://findarticles.com/p/articles/mi_m3257/is_n7_v44/ai_9174983/

Had the organization employed the techniques of activity-based costing, they would have realized the need to change their approach and had started manufacturing small size and fuel efficient engines, as most of the customers were requiring these items. "If Ford [...] had used activity-based costing, they would have realized early on the utter futility of their competitive blitzes of the past few years, which offered new-car buyers spectacular discounts and hefty rewards" (Drucker, 2003).

Unlike absorption costing, marginal costing uses the traditional division into direct, indirect, fixed and variable costs. The accounting method sees that the final marginal cost of a product will be calculated by summing up the direct costs of labor, the direct costs of materials, the direct expenses and the variable overheads (Brown). The applications of marginal costing revealed that Ford was able to support a price advantage relative to General Motors and Chrysler due to its…

References

Bernstein, L.A., Wild, J.J., 1999, Analysis of Financial Statements, 5th Edition, McGraw-Hill Publishers, ISBN 0070945047

Berry, a., 1999, Financial Accounting: An Introduction, 2nd Edition, Cengage Learning EMEA, ISBN 186152479X

Brown, G., Introduction to Costs Accounting: Methods and Techniques,  http://www.globusz.com/ebooks/Costinglastaccessed  on March 9, 2009

Drucker, P.F., 2003, Peter Drucker on the Profession of Management, Harvard Business Press, ISBN 1591393221

Bank of America and Merrill Lynch would have to be separated and Goldman Sachs could no longer be a bank holding company. "Commercial banks would take deposits, manage the nation's payments system, make standard loans and even trade securities for their customers -- just not for themselves. The government, in return, would rescue banks that fail. On the other side of the wall, investment houses would be free to buy and sell securities for their own accounts, borrowing to leverage these trades and thus multiplying the profits, and the risks. Being separated from banks, the investment houses would no longer have access to federally insured deposits to finance this trading. If one failed, the government would supervise an orderly liquidation. None would be too big to fail -- a designation that could arise for a handful of institutions under the administration's proposal" (Uchitelle, "Volcker," 2009).

The Volcker proposal seems sensible,…

Works Cited

Dash, Eric. Post-mortems reveal obvious risk at banks. The New York Times.

November 18, 2009. December 5, 2009.

 http://www.nytimes.com/2009/11/19/business/19risk.html 

"Geithner criticizes Wall Street pay." Bloomberg News. December 5, 2009.

Financial Officer

For most parts of history, government financial executives have been taken as scorekeepers, and made responsible for collecting, processing and reporting the financial information that used by elected officials and senior managers who use them in making their decisions. The question is whether their role has now changed with the present importance of information technology. (From Scorekeeper to Business Partner: The Evolving ole of Government Financial Executives)

Now there is increasing evidence of the importance that information technology is getting in public administration and this is resulting in more and more insistence from the public that government financial executives have a greater say in all decision making activities of the government. The finance executives are now the individuals to lead the charge for getting an entrepreneurial type of government and have it judged based on its performance. For most of the finance executives now, the changes are leading…

REFERENCES

Allison, Gregory. S. "Making the most of the New Blue Book" Retrieved from  http://www.gfoa.org/services/gfr/archives/2005/04  / Accessed 26 August, 2005

Ehrenhalt, Alan. (January, 2002) "The Problem with promises" Governing Magazine.

Retrieved from  http://www.governing.com/archive/2002/jan/assess.txt 

Accessed 26 August, 2005

25 per share on the initial offering date in 1961 and held as a long-term investment. The original 100 shares has grown to 48,000 shares through stock splits and stock dividends. And this does not include the reinvestment of cash dividends.

Action

Shares

Shares After

Split

Closing Price

Before Split

Oct

1961

Bought 100 Shares

April

1966

100% stock dividend

2 for 1)

Nov

1969

Stock Split

2 for 1)

Nov

1971

50% Dividend

3 for 2)

July

1972

33 1/3% Dividend

4 for 3)

June

1976

50% Dividend

3 for 2)

Nov

1981

Stock Spilt

3 for 2)

April

1983

Stock Split

5 for 3)

June

1992

100% Dividend

2 for 1)

April

1994

Stock Split

2 for 1)

June

1998

Stock Split

2 for 1)

June

2001

Stock Split

2 for 1)

Lowe's has been a publicly owned company since October 10, 1961. Its stock has been listed…

(2 for 1)

Lowe's has been a publicly owned company since October 10, 1961. Its stock has been listed on the New York Stock Exchange since December 19, 1979. Shares are traded under the ticker symbol LOW.  http://www.lowes.com/lkn?action=frameSet&url=www.shareholder.com/lowes/index2.cfm 

Clearly Lowe's Home Improvement Warehouse is a strong investment yes, though care should be made, as with every market investment to demonstrate staying power in the progress of the stock and invest in the market as a long-term investor.

...I need(ed) a lot of reassurance. Had I gone to a unit where they put me with a preceptor who really didn't care about educating...I think I would have struggled big time....[but] they never treated me like I was stupid," are common responses of new nurses in mentoring programs (Hodges 2008, p.83). Mentors provided advice on psychologically coping with the emotional demands of nursing, time management, accuracy, and striking a balance between work and professional life.

Mentoring programs are especially important for nurses given that "developing an ability to thrive in unpredictable health care environments is crucial to all nurses, but particularly to practice in acute care settings" (Hodges 2008, p.80). All healthcare settings draw upon a nurses' ability "to recover quickly or adjust to adversity is commonly known as resilience. The capacity for resilience allows one to reframe, adapt, balance, persist, and grow in the face of adversity and…

Works Cited

Harder, Danielle. (2009, January). Hospital finds cure for retention: Time off. Canadian HR

Reporter, 22(1), 12. Retrieved March 14, 2009, from ABI/INFORM Global database. (Document ID: 1636590351).

Hodges, Helen F., & Ann C. Keeley, Patricia J. Troyan. (2008). Professional resilience in baccalaureate-prepared acute care nurses: FIRST STEPS. Nursing Education

Perspectives, 29(2), 80-9. Retrieved March 14, 2009, from ProQuest Medical

Financial Management

Commercial lenders lend money with the intention of making money in return; they also carry out a kind of business. But when a government sponsored body lends money, then the reasons behind existence are slightly different. Government usually lends money to those businesses which are facing financing issues. Such businesses are often those which are considered by the government officials as potential enough to bring in economic benefits in the area (Bizcoach, 2013).

Calculating the finance requirement is a great challenge for the managers of the organizations. The institutions which are of complex nature face difficulty in calculating the exact finance requirement. An example of such institution would be capital markets which are quite complex. The sum of external financing depends on the operating budget of the business and on the existing capital resources. If a company has a solid operating budget, then it would be easier to…

References

eHow. (2013). How to Calculate External Financing. Taken from: http://www.ehow.com/how_5143268_calculate-external-financing.html

Bizcoach. (2013). External sources of funds. Taken from:  http://www.bizcoach.org/businessplan/externalsources.htm

Financial Management in Healthcare

Medicare and Medicaid are programs run by the government and which provide medical services as well as services that are health care related to particular groups of individuals in the United States. It is imperative to note that these two programs are exceedingly dissimilar but are supervised and overseen by the Centers for Medicare and Medicaid Services which is a department that is found within the Department of Health and Human Services of the United States. The origin of these two programs dates back to the year 1965 when they were created after President Lyndon B. Johnson signed changes to the Social Security Act (Crosta, 2015) for the national health care program. This program was principally created at the time when individuals who were aged 65 years and above found it impossible to obtain private coverage for health insurance. In particular, this was a time when…

References

Wareham, T. (2014). Funding the Transformation: Three financial considerations will shape hospitals' transition success. Trustee.

Scamperie, K. (2013). The fee-for-service shift to bundled payments: financial considerations for hospitals. Journal of Health Care Finance 39(4):55-67.

Addicott, R., Buck, D., Goodwin, N., Harrison, T., Ross, S., Sonola, L., ... & Curry, N. (2013). Transforming our health care system. The King's Fund.

This aspect of the study were inclusive of works of "economic historians on the development of financial systems" most particularly the "banking systems" worldwide and exactly what the resulting impact will be. (Rousseau & Sylla, 2001) hile the two identified "strands of literature" one dealing with domestic and the other international developments, are no always related to one another" but are however, both elements of the story called financial globalization." Definition of a "Good Financial System" states that there are five key components which are: (1) Sound public finances and public debt management; (2) Stable monetary arrangements; (3) a variety of banks, some with domestic and others with international orientations, and perhaps some with both orientations; (4) a central bank to stabilize domestic finances and manage international financial relations; and: (5) ell-forming security markets."

Impacts of Globalization on National Economies

Impacts on the economies of the world have been stated…

Works Cited

Rousseau, Peter L. And Sylla, Richard (2001) "Financial Systems, Economic Growth and Globalization"

Financial Systems, Economic Growth and Globalization" 2001 Oct 15 Online available at  http://www.nber.org/~confer/2001/globes01/sylla.pdfr.org/~confer/2001/globes01/sylla.pdf 

Bruno, Giovanni S.F. et al. (2003) Measuring the effect of globalization on labor demand elasticity: An empirical application to OECD Countries ISBN 1616-4814. FLOWENLA Discussion Paper 2 available Online at http://www.eastwestmi gration.org retrieved from the Internet 26 May 2006

Gartzke, Erik (2003) War, Peace, and the Invisible Hand: Positive Political Externalities of Economic Globalization International Studies Quarterly Volume 47 Issue 4-Page 561 - December 2003 doi:10.1046/j.0020-8833.2003.00279.x Quan Li21Columbia University, 2 the Pennsylvania State University

To demonize the concept of universal healthcare with the word 'rationing' "buys into the myth that we don't have rationing of medical services now. But we do. It takes many different forms. It is commonplace for health insurance companies and HMOs to deny patients beneficial treatment. They find a variety of excuses for doing so, and may not openly admit it, but we all know that it happens. Medicare rations drugs by requiring co-payments that many patients can't afford. Emergency rooms ration care by making people wait so long in line that some just give up and go away" (Singer 2011).

Question 3

The recent decimation of many retirement funds means that more and more members of the elderly are eligible for both Medicare and Medicaid. The elderly on fixed incomes often struggle to afford medications not currently covered within the provisions of Medicare because of the "doughnut hole" in…

References

Kane, Robert, Rosalie Kane, Neva Kaye, Robert Mollica, Trish Riley, Paul Saucier, Kimberly

Irvin Snow & Louise Starr. (1996). Managed care.

Retrieved August 12, 2011 at  http://aspe.hhs.gov/Progsys/Forum/basics.htm 

Leonard. Sean. (2011). How to fix Medicare. Salon. Retrieved August 12, 2011 at  http://www.salon.com/technology/how_the_world_works/2011/05/25/the_long_march_to_healthcare_reform/index.html

International Financial Markets and Institutions:

Throughout the globe, today's landscape of international financial market and institutions has continued to experience several changes that require practitioners to examine new models. The need for practitioners to examine new models that are relevant to the state of these markets and institutions has also been necessitated by the recent events that contribute to financial crises, which have been very dramatic. Actually, the recent financial crisis has had significant impacts on the financial institutions and markets resulting in the need for changes. International financial markets and institutions have become an important aspect of economies because they affect daily life. This is primarily because they involve the huge flow of different types of funds in the entire economy that in turn impact the profits of businesses, production of goods and services, and economic well-being of countries. In some cases, the events in these institutions and markets…

References:

Accounting Education (2010), International Capital Market, Accounting Education, viewed 7

June 2012,

Australian Securities Exchange (n.d.), Absolute Return Funds, Australian Securities Exchange,

viewed 7 June 2012,

Business Plan for a Financial Divorce Software

Business Plan Divorce Software

Business Plan relating to the Sales of a new Financial Divorce Software.

Business Plan relating to the Sales of a new Financial Divorce Software

F

F1

F2

F3

G1

G1(a)

G1(b)

G1(c)

Business Identification

Keys to Success

Company Summary

Industry History

Legal Form of Ownership

Location and Facilities

Management Structure

Products and Service

Market Analysis

Target Market

Industry Analysis

Competitive Analysis

Market Strategy

Ps of Marketing

Price List

Selling Strategy

Sales Forecast

Implementation Strategy

Overall Strategy

Implementation

Control Plan

Financial Statements and Projections

evenue and Cost Estimate

Forecasted Profit and Loss Statement

Forecasted Balance Sheet

Financial Assumptions

Breakeven Point

Financial Position

Capital/Investment Needs

Conclusion

eferences

Executive Summary

Financial planning is involved in every aspect of life. Individuals and businesses have to formulate their daily, monthly, and yearly budgets in order to achieve a balance between their incomes and expenditures.…

References

Association of Divorce Financial Planners, (2012). Divorce Financial Planning. Retrieved on July 7th, 2012, from

Blythe, J. & Megicks, P. (2010). Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall

Cadle, J., Paul, D., & Yeates, D. (2010). Business Analysis, 2nd Edition. Swindon: British Informatics Society

Francis, P. (2010). Creating the Marketing Executive of the Future Using Key Deming Principles, Journal of Executive Education, 9 (1): 127-138

Korean Financial Crisis in the Late 1990s: Lesson for Current Euro Area

The objective of this study is to examine what is unique or different about the Korean financial crisis as compared to other Asian financial crises and to determine the primary causes of the financial crisis in Korea. This work will further examine the government response to the crisis and what it is that can be learned from the Korean financial crisis and applied in Korea to the Euro Area.

The major components of the Korean financial system in the 1960s and 1970s are stated in reports to have been nationalized with "lending targeted toward favored sectors and firms including the exports and heavy industries. (Jeon and Miller, 2005) Regional banks came on in 1967 and could only operate in their own provinces, which provided encouragement for development that was regionally-based. In the early 1980s, plans were made for…

Bibliography

Athens University of Economics and Business. Cyprus Economic Policy Review, Vol. 4, No. 1, pp. 89-96 (2010) 1450-4561

Causes, Policy Response, and Lessons. Presentation at The High-Level Seminar on Crisis Prevention in Emerging Markets Organized by The International Monetary Fund and The Government of Singapore. Singapore July 10-11, 2006.

Global Economic Review: Perspectives on East Asian Economies and Industries. Retrieved from: http://www.tandfonline.com/loi/rger20 

Jeon, BN (2012) From the 1997-98 Asian Financial crisis to the 2008-09 global economic crisis: lessons from Korea's experience. 1 Feb 2012.

The product uses content transformation and rich and large file graphics conversion to speed content delivery. AppCelera also offloads Secure Sockets Layer (SSL) processing to increase the performance of Web servers. CIO Mike Stevens says members have seen a performance improvement of about fifty percent since system deployment.

efore making the final AppCelera decision, MidWest Financial took a llok at caching appliances, but found them to be more beneficial for static content. Many other devices were more than double the company's budget.

V. Unanswered Questions

Answers to the following questions would be useful to properly assess Midwest Financial's options.

Did the company try to optimize its site for use over by low-bandwidth connections by, for example, using HTML pages light on graphics and streaming media?

Although half of Midwest Financial's members currently use dial-up Internet connections, what are their plans for the future? Doesn't Midwest expect roadband to grow over…

Bibliography

Carr, J.(2003, May 5). Business Case: MidWest Financial Banks on Content Acceleration. Retrieved February 16, 2005, at http://www.cconvergence.com/shared/article/showArticle.jhtml?articleId=9400003

" The code also states when communicating investment information care must be taken to ensure that it is fair, accurate and complete as well as make full and fair disclosure of all matters that could reasonably be expected to impair their independence and objectivity or interfere with respective duties to their clients, prospective clients, and employer.

Evidence indicates Lehman's senior financial executives knew of the Repo 105 transactions and certified the accuracy of Lehman's financial statements and disclosures despite having full knowledge that the company had engaged in the use of these transactions to hide their toxic assets and make their financial statements appear to be in good health when, in reality, they were not. These executives were fully aware that the financial statements were misleading and did not fairly present the true position of the company.

Hiding toxic assets and releasing favorable financial statements to investors each quarter clearly…

Works Cited

Ahrens, Frank. "Lehmann Brothers, the Evil Repo 105s and the Danger of Off-

Balance-Sheet Deals." Washingtonpost.com, 20 April 2010. Web. 18 March 2013.

"Code of Ethics and Professional Standards" CFA Institute, Vol. 2010, No. 14, June 2010. Web. 18 March 2013.

Jeffers, Agatha E. "Lehman Brother -- the Thin Line between Aggressive Accounting and Unethical Behavior." European Journal of Management, Vol. 11, Issue 4, Winter 2011. Web. 18 March 2013.

Until August, there are 2 scenarios: (1) - the YEN depreciates and the company will pay more YENs to the suppliers or (2) - the YEN appreciates and the company will pay less YENs to the suppliers, but the same amount of euros. To avoid the first scenario, McDonald's has to use currency risk tools: futures and forwards. These are agreements signed today to buy/sell a given amount of money at a given date in the future for a well defined exchange rate. Therefore, the company will sign a contract with a broker from a financial institution that will contain an agreement to buy 5,000,000EUR on the 5th of August at a 161.69YEN=1EUR parity. The former will have to cover the so called margin account, which pays respect to an amount deposited in the broker's account meant to cover potential losses with the futures or forward contract. There are 2…