Financial System Essays (Examples)

International Financial System

The country you chose.

The country chosen for this analysis is Australia.

The exchange rate and the total amount of the currency you purchased with your $90,000.

As of June 9, 2013 the current value of $90,000 is $94,724.90.

Your prediction for whether your country's currency with increase or decrease in value with respect to the dollar.

The Australian exchange rate will continue to be weak against the U.S. dollar, as the relative indexing of each of these currencies shows Australia's once-robust economy slowing down as mining experts are reduced. As Australia relies on a floating exchange rate, the volatility of both American and Australian capital markets including the direct effects of Gross Domestic Product (GDP) and Gross National Product (GNP), will continue to impact the value of the Australian dollar over the long-term.

As a result the Australian exchange rate will continue to drop against the…

Though the violet dies as a result of her aspirations, she does not regret them. Instead, she cherishes the idea that she has been able to overcome her natural limitations. This poem is especially meaningful when viewed in the context of race relations. Even in modern times, many people feel as if they are limited because of being born a member of certain races. However, Gabrin's point is that one determines one's own limitations. Obviously, no one is going to be magically transformed into another color, but if people had not aspired to achieve those things that were previously considered impossible for minorities, the United States would still be operated under a Jim Crow system of laws.

Of course, victimization occurs on a personal level, as well as systemically. The crime of rape is perhaps one of the most significant ways for one person to victimize another. However, as made…

Instead, Britain could use its vast navy and naval blockades to enforce the provisions of the Sugar Act. Therefore, while the Sugar Act actually lowered the amount of the duties, it resulted in far stricter enforcement of the laws. The result of the Sugar Act was immediate economic hardship in the colonies:

um distilling slumped badly and colonial exports overall dropped sharply. The slowing economy was further impacted by currency contraction as people, uncertain of the future, tried to retain their funds; efforts were made to settle debts with paper money rather than gold or silver.

The Sugar Act caused alarm in the American colonies, partly because of the expected economic disadvantages, but also because of a number of other reasons, one of the most important being the severe implementation by the navy." Although the colonists grumbled about the Sugar Act and threatened to boycott British merchants, the Sugar Act…

3.2.3 Portfolio Diversification of Investment in Global Property Markets

ecause the global property markets are affected by globalization and specific country / regional factors, means that the overall amounts of risks will vary, the most notable include: transparency and efficiency. Where, each country / region has different on laws and regulations pertaining to the real estate markets. This means that the risks in a number of different markets will depend upon specific market conditions themselves, reflecting these two factors. To protect themselves against these kinds of risks, many investors will often seek to diversify their portfolio. Diversification is: when you are investing a number of different asset classes in real estate, across a variety of countries / regions. The idea is that if a risk occurs in a specific country or region, the other areas that you are diversified in will protect you against the severity of the declines. For…

Coefficients reflect to a rate of change in the dependant variable which leads to one point change in dependant variable. For example, coefficient of -0,05 infers small negative influence of this explanatory variable on the dependant variable, while coefficient of 1.5 implies that 1.5 rate growth of this variable will lead to positive growth by one point of the explanatory variable.

The results of the regression model are as follows:

GDP ($, billions)= 568.04 + 16.07*Interest_ate + 1.19*Disposable_Personal_Income -64.75*Personal_Savings_ate + 0.5*Personal_Expenditure_On_Nondurables - 0.26*Personal_Expenditure_On_Durables.

Coefficients

Standard Error

Stat

P-value

Intercept

1.384E-16

Interest rate

4.089E-13

Disposable Personal Income

2.327E-88

Personal Savings ate

5.196E-34

Personal Expenditure Nondurables

1.085E-05

Personal Exp Durables

The result suggest, that autonomous value of the GDP is rather high, or that explanatory variable that has big negative affect on GDP was not included in the model. Interest rate has the biggest positive affect on the GDP, while simple calculation…

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…

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…

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…

Kuali Financial System is a comprehensive administrative suite designed to incorporate the needs of universities, colleges, commercial firms, and interested organizations that share a common interest of open, modular, and distributed systems in a cheaper, more efficient way. The system is designed to meet the individual needs of each organization that can be implemented for efficiency. The software package contains internal controls that administration can implement for the organizations needs where transactions are input one time and the information is routed to every individual who needs it, including persons who need to approve the transactions, persons who just need to know, and persons who use the information to prepare various reports.

The system can be implemented with administrative controls and features that are unique to the organization. The administrator can dictate in the system the work flow process, internal controls on where information flows, approval mechanisms, including primary and secondary…

Complexities of the U.S. Financial System

The United States financial system has several complexities, and it is impacted by various environmental factors such as the economy and federal regulations. Some of the major components in the U.S. financial system include financial markets and the U.S. Federal eserve. As one of the major elements of the U.S. financial system, financial markets have considerable impacts on the economy, businesses, and individuals. Financial markets can basically be described as platforms where companies in an economy access capital to expand or hedge their risks. Generally, these markets help to efficiently guide the flow of investments and savings in the economy is a manner that promotes the collection of capital and the production of goods and/or services.

The U.S. financial markets have considerable effects on the economy because they provide platforms through which companies generate cash for growth, lessen risks, and investors make money (Amadeo,…

Soros

International Currency Markets

How did George Soros make money in the international currency markets? as it something to do with his understanding of the international financial system, or just good luck?

Hungarian-born George Soros started making a name in financial speculation in the late 1960s, when he started investing with his own fund known as the Quantum Fund. Soros's speculations began making big news and he was able to gather a rather large following. The bulk of his fortune came from attacks on major currencies. For example, he was able to off major attacks on the currencies of Great Britain and Italy by speculating against them. Soros would bet against the currencies on the exchange rate market in a big way. The news of Soros's moves would also gather a lot of publicity that furthered his cause. Once the market knew that Soros had bet against these countries then…

Changing an Organization's Financial System
The main reason for changing the financial system was to ensure that the new system could easily be integrated with the other systems within the organization. The current system had created issues when there was an attempt to integrate it with the other systems. The lack of integration had also caused problems with data transfer and importation of data from other systems. Users had complained for a long time regarding the need for integration and this ensured that it would be easy for them to adapt to the new system. With proper buy-in from the users and the management the change was expected to run smoothly. However, it is always vital that the organization be prepared for any resistance from users due to the changes being implemented. Changes bring with them disruption and human beings tend to resist any change. The change being proposed might…

Systems Implementation

System Implementations

Describe the company, the business problem the company was addressing with the system implementation, the system chosen to implement, and the company's rationale for selecting the system to solve the problem.

Wal-Mart, a company that enjoys a significant market share in the U.S. food industry, rolled out its multi-phased project. This marked the beginning of implementing the company's long ditched in-house IT systems, which favored their operations with vendors. However, implementation of the SAP system is already raising red flags. This is because the system comes with costly financial works, which have strained the company (Scheck, 2010). While the project was aimed at leading the firm to growth, Wal-Mart recorded a significant sales decline. This was one of the company's worst performance over three decades now, been beaten by new corporations from Germany and South Korea. As local competitors maintained the pace set by Wal-Mart, most…

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:…

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,…

During times of extreme pressure from the supply or demand side, the central bank is prepared to go in and support the currency, to help provide stability. This is significant because traders around the world; will use the major currencies as a way to hedge themselves against different risks. Where, they will view the weakness of one country's currency as a sign that they could be facing a number of different economic challenges. (Fixed vs. Floating Exchange Rate, 2007) a good example of this can be seen with the ritish pound, where the ank of England decided to keep interest rates at .5%. This is important, because the increase in rates could be seen as a sign that economic stability could be returning to the country, which would help to reverse the downward pressure on the pound. However, the fact that they decided to keep interest rates unchanged, means that…

Financial Proposal: Dorchester, Ltd.

As discussed in earlier papers, for Dorchester, the final decision as to which particular nation to invest in is dependent on a range of distinct scenarios; these factors naturally impact the selected acquisition target. Before the acquisition target is selected, the nation which houses the potential acquisition target needs to be scrutinized closely. For instance, the trade environment of the nation where the prospective acquisition is located needs to be assessed, since this factor will impact the cost and ability to engage in trade. The political environment of the nation where the prospective target resides is also a crucial factor that needs to be examined closely. No potential targets exist in peaceful vacuums; rather all the prospective nations looked at during this course have some element of political risk attached to them. Furthermore, as discussed during earlier assignments, it's been found that political stability of a…

S. Treasuries (Gjelten, 2009).

What hasn't happened "officially," i.e. The establishment of a formal IMF SDR world currency system or some other form of a supranational currency, seems to be occurring in the market anyway, but just in a more informal fashion. For instance, already central banks throughout the world are favoring euros and the yen over the dollar as illustrated by the following numbers (Euro, yen to replace dollar as world reserve currency, 2009). During July through September 2009, banks put 63% their new cash into euros and the yen. As a result, the dollar's share of new cash in the central banks was down to 37 compared with approximately 67% a decade ago. Currently, according to the IMF, dollars account for about 62% of the currency reserve at central banks -- the lowest on record (Euro, yen to replace dollar as world reserve currency, 2009). Further, if China…

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…

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.…

The financial strategy establishes the budgets for all organizational departments, and as such directly influences the performances and resources of the respective departments. The financial strategy ascertains whether the company would be able to adequately research the market, identify customer needs and properly address and serve the target market. The financial strategy also defines the levels of product development and specialization, which directly influences the levels of customer satisfaction and adjacently the organizational sales.

All in all, the financial strategy is one key factor in attaining organizational success and it is an integrant party of the overall business model. In other words, it has to be factored in when making any business decision and in turn, the financial strategy has to be created in such a manner that it supports the company in attaining its objectives.

In such a context then, the economic agents have to place a greater emphasis…

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…

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…

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…

System Concepts

Company Overview

Complete Solutions plc (CS) is a successful organization specializing in IT consultancy business with annual turnover of £40 millions. The company is located at North of England with branches in the U.S. And France. Established in 1980, the company was taken over by a larger company, and the take-over bid led to the rapid expansion of the company. Complete Solution has several sections with approximately 400 users in the UK divisions. The company internal services are based in Manchester with the Training Solutions (TS) consultancy section, Sales, and Marketing section. The overall services of Complete Solution consists of the IT consultancy service as well as selling of hardware and software, training and recruitment, software development and, outsourced services. The other services provided by the Complete Solution are consultancy services. With rapid expansion that the company is enjoying, the Complete Solution is planning to go public by…

Financial Analysis of Bestwish Limited

Company Overview

Bestwish Limited produces extensive range of quality products such as gift dressing, greetings cards, and plush merchandise of more than 50,000 stocks. The production of different categories of products involve between 2 and 15 processes. The company produces standardized products and custom designed products ordered from customers on contract basis. However, Bestwish Limited is facing challenges to control the costs because of varying production process, reliance on indirect costs and large number of stock keeping units.

Bestwish Limited has just closed the 2010 fiscal year account and the company is finalizing the 2011 budget. Bestwish intends to analyze the 2010 financial statement to present the accurate picture of the company financial performances.

Objective of this report is to analyze 2010 financial statements to assess the viability of Bestwish Limited.

Task

Attn:

Audit Committee of the Board

Finance Director

Subject: Financial statement Analysis

Date:…

Financial esource Management

eaching a financial decision regarding heath care services

All forms of industries deemed financial management as expressive in origin till the 1960's. Its basic and sole role was to ensure financing for completing the business's operatives and functions. The department for business planning or marketing would project a net total for meeting the services and meeting daily demands; managers would calculate the assets required to complete a given project needed, equipment's, supplies and building. Financial management is a field which focuses on business securities as well as the markets in which they are in key demand. Also, more emphasis is made on how businesses can tap new markets and unlock their hidden potential. As a result, financial management books were pretty explanatory and predictable in origin during those times. (Sandrick, 2008).

These days, financial management plays a pivotal role in day-to-day operations of a business. The responsibility…

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…

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).…

Financial Analysis

Assumption Use in the Financial Plan

Additional Assumption in Sensitivity Analysis

FIRST TWELVE MONTH CASHFLOW RESULT

HOW MUCH SHOULD NORMAN PAY FOR THE EXCLUSIVE RIGHT?

FORECASTED CASHFLOW FOR THE NEXT FIVE-Year

CASH FLOW WITH A LOAN AT 8% PER ANNUM

SENSITIVITY ANALYSIS

THE SALES PRICE AND kg SALES GRADUALLY INCREASE AT 5%

THE SALES PRICE PER kg INCREASE AT 10% UT THE UNIT SALES REMAIN AT 5%.

Investment Value Using At Discounted Rate 5%

est Financial Plan and Option

Assumption Use In The Financial Plan

Additional Assumption in Sensitivity Analysis

It is further assumed that price will increase gradually at the rate of 8% per annum and sales will increase at 7% per annum.

For the purpose of analysis, both the sales price and Kg sales will gradually increase at 5%.

Another scenario will be that the sales price per Kg increase at 10% but the unit sales…

Financial Accounting

The question is missing a clause. "…is more conducive to ethical behavior" than what? The word "more" invites comparison but there is nothing to compare the current environment to. Well, the current environment is not much different than any past environment. The regulatory environment does not dictate ethics, as ethics exist distinct from laws. Ethical behavior rests on how society itself defines ethics, and is only loosely related to the regulatory environment. So while there is definitely a tighter regulatory environment at least with the introduction of Sarbanes-Oxley and the PCAOB, these laws do not dictate ethics, just behavior (Lennox & Pittman, 2010). Indeed, an increasingly complex regulatory environment only serves to complicate the issue of individual ethics, and creates confusion among business practitioners between legal/illegal and right/wrong, the two operating entirely different conceptual spheres (Jennings, 2004).

The "business" environment is quite vague -- there are many facets…

Financial Ratios

There are a number of financial ratios that will be valuable to a small business person. A small business is often concerned with cash flow, so ratios that are the most concern fall into three categories -- liquidity, profitability and efficiency. Liquidity ratios measure the ability of the company to meet its upcoming financial obligations. These ratios are important for ensuring that there is enough cash on hand to pay the bills. The profitability ratios are important because the business will be more successful if it is able to manage its margins. Efficiency ratios are concerned with how fast items like inventory or accounts receivable are turned over. These ratios are a direct reflection of the company's working capital, and improvements in these ratios improve the working capital flow.

These ratios are going to be slightly different from those that a large corporation values. The large corporation actually…

Systems Media Table: Comparison

System

Uses

Word processor

The main purpose of this program is to construct sentences of the perceived information and manipulate paragraphs to form a word document. The program uses a display format 'what-you-see-is-what-you-get' to enhance the quality of the expected hardcopy.

WordPerfect and Microsoft Word are mostly superseded by both organization and personal computers to perform functions such as word formatting, letter processing and some simple designing. Accordingly, it is the most frequently used program in day-to-day operation.

It is used to type the text, save, and format and print the text.

It is used to insert pictures into the text page.

It is used to spell check the text document.

It is used to prepare letters and other word documents.

Hierarchical database

This kind of database system is to display a structure that would relieve the presentation of information using parent to child relationship. The…

Systems of Power and Inequality

In early March of 2012, a 28-minute video on the plight of African children received more than 21 million YouTube views. The video vividly depicts how the guerilla warlord Joseph Kony, leader of the Lords esistance Army (LA), reportedly abducted over 60,000 children who were subsequently forced to become child soldiers or sex slaves over the course of the civil war. Captured children who did not cooperate as said to have been mutilated and murdered. Production and dissemination of the video was a result of the efforts of an American charity called Invisible Children. In interviews with the press following the viral reception of the video, Invisible Children campaigner Jason ussell stressed the importance of the video as an example of how social media allows people all over the world to actually see other people -- see, as in the struggles, challenges, plights, and victories…

As noted, the leverage is deliberate, and probably is designed to deliver these ROEs to shareholders.

H&M pays out a large portion of its profits as dividends. Nordstrom's dividend is healthy for an American company, but far less than that of H&M. Nordstrom shareholders must rely on capital gains to a greater extent. Given that both companies are growing, H&M's ability to deliver both growth and dividends is superior for shareholders. These superior outcomes are, not surprisingly, reflected in the share prices of the two firms, with H&M having the better P/E ratio (22.2 versus 15.4).

In addition to the financials, it is important to consider what recent news might affect the viability of working in these firms in the future. There are no major news stories for either company. Essentially, both are still growing firms, with a moderate growth pace. Nordstrom is still focused on the North American market,…

he only observation that could be made here is that one would expect a larger proportion of the total expenses to be allocated to research and development, given the fact that this is such an important part of Microsoft's activity and essential in order to obtain a competitive advantage on the market.

Asset and Capital Structure

2008

Cash and cash equivalents

$10,339

Accounts receivable

$13,589

Inventories

$985

otal fixed assets

$29,551

he asset structure at Microsoft reflects some of the particularities in the industry, notably the fact that the inventory levels tend to be quite low, as compared to the other assets. his means that the I industry is not one supporting production on stock. At the same time, the value of the total fixed assets is significantly high, which can be partly explained by the size of the company and the investments in land, buildings and equipment.

Part III…

Financial Feasibility

Bull Run, Virginia

Pleasant Valley Estates is envisioned as an upwardly mobile community - located in Bull Run, Virginia - and targeted toward the young, single professional and young families.

Cash Flow Statement Overview

The cash flow statement constitutes a financial document, which details the exchange of cash between a business and the outside world while strategically demonstrating the in and outbound logistics. Flow is traditionally categorized as:

flow "in" from Operations - the cash the entity or company makes by selling goods and services, flow "in" from Financing - the cash the entity or company raises by selling stocks and bonds, and flow "out" to Investing - the cash the company spends toward investing in future growth

Each of these flows can move bi-directionally. Investors generally like to see that the company covers its spending with cash from operations rather than resort to financing. The cash flow…

Its business alliances have succeeded because of the past encounter and uncompromising principles of Starbucks. When Starbucks created a licensing contract with Kraft Foods, Inc., it permitted Kraft Foods to begin to make Starbucks' items available in grocery markets, and now because of that attempt their items are available all over Northern U.S. And even the United Kingdom. If Starbucks did not have the primary features of what it is looking for in an alliance, it might not have been as effective in its collaboration with Kraft Foods or any other partner. Starbucks was willing to think about the good and bad in the possible collaboration and choose on whether or not the collaboration would benefit its organization (Davidson & Fielden, 2013). If Kraft Foods, Inc. did not have the same corporate perspective and objectives that Starbucks had, Starbucks would not have engaged in business with them. Starbucks has been…

Systems Development

The Case for ejecting Outsourcing the IT Department

The data and information within an organization is its life blood, it was what makes one company differentiated from another and valuable to customers. With IT being at the center of the information engine of any business, the idea of outsourcing it, allowing a third party company to manage this vital aspect of the company's health is like allowing a podiatrist to do heart surgery. It's not going to end well for either the doctor or the patient. The costs and benefits of IT outsourcing are presented in this analysis. Granted, IT outsourcing of menial, low-end tasks shows potential for streaming the operations of a business, allowing it to concentrate on its core business more effectively (Goo, Huang, Hart, 2008). Conversely outsourcing all aspects of IT can lead to a company abdicating its leadership in its main markets by sacrificing…

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…

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…

Financial Standards

eporting standards for financial transactions have been varied with regard to countries and companies across the globe for many years. This fact has made it difficult for transactions to be reported with any great degree of accuracy. This was especially true in Germany where there was no true German GAAP. What the rest of the world has considered the German GAAP, the GoB, was actually comprised of here say and opinion gleaned from many different sources. With the advent of the IASB that the European Union adopted in 2007, Germany has finally decided on a single standard with which to govern financial reporting. Large companies within the country, such as Deutsche Bank, have had to make adjustments to the new standards, but this does not seem to have caused a problem. Since the country has loosely used international standards for many years, the new IASB is not new…

Thus, the Board ultimately had little control over this particular cost, which is how it is found itself in a difficult financial position this year. The general lack of control over the budget is a definite weakness for the Bridgeport Board of Education.

In lieu of financial statements, there were two main resources available to help assess this organization's health. Its budget book was the primary source, as it detailed the Board's financial situation with respect to its inflows and outflows. News items are also helpful. Since the Board is not a public company, it is not required to disclose items of financial significance, but such items may come to light through the local news media.

The organization's approach to creating shareholder value is to spend its money on the programs that deliver on its strategic objectives. These include graduating students at a college-ready level, reducing the dropout rate to…

92%. This compares to the 0.36% for its peers last year and 17.42% over five years for the sector. UHS has a net profit margin of 3.86% and a five-year average net profit margin of 4.49%. The sector averaged a net profit margin of -0.38% last year, but has a five-year average of 12.27%. hat this indicates is that historically UHS has lagged its peers in terms of bottom line margins. They have, however, been able to sustain those margins during a downturn in the business cycle whereas their competitors have struggled. This stability is a sign of financial strength. It may also contribute to their willingness to be more highly levered than most of their competitors in order to drive growth.

Revenue growth last year was 13.36%. This compares with 6.5% the previous year and 8.19% the previous year. The five-year average growth rate is 8.01%. Revenues grew faster…

Financial Analysis

Electronic communication has increased the availability and speed at which financial information is made public. Announcements and stock prices are made available in real time. Aggregated and historical information is widely available on information aggregator sites like Yahoo Finance. Annual reports are publicly available, and securities regulators insist that they be made publicly available.

The increased availability of financial information about companies serves to improve both the transparency and liquidity of financial markets. Investors of all types and abilities now have access to the information that they need to make information decisions. That all companies must produce consistent financial statements according to GAAP also helps with the transparency of financial information. ith easy access to this information, investors can become more educated and more confident. Ultimately, this improves investor confidence in the system and liquidity in the market, improving the market's function.

Because publishing this material improves the…

These units tie up capital that could be better spent elsewhere. Below is the placement of Financial Times' business units (See Figure 1).

Figure 1. BCG Growth-Share Matrix - Financial Times

STAS: QUESTION MAKS:

None. The Asian Market

The Online Market

CASH COWS: DOGS:

The UK Market The American Market

The European Market

Ansoff Matrix:

Ansoff's matrix provides four different growth strategies: Market penetration, market development, product development, and diversification. With market penetration, the organization seeks to achieve growth with existing products in their current market segments, aiming to increase their market share. Market development involves growth by targeting its existing products to new market segments. Product development is the strategy whereby the organization develops new products targeted to its existing market segments. And, diversification, is where the organization grows by diversifying into new businesses, by developing new products for new markets.

Financial Times has implemented both a market penetration…

Financial Perspective

Case Analysis:

Despite having an exceptional pace of growth throughout the early years of their existence, Saatchi & Saatchi is facing client attrition and declining revenues. What had happened through their continual restructurings was the corporation lost track of their core vision, mission and values. The distance between these three core attributes of their business and financial performance had drifted apart so far that financial results were showing the increasingly disjointed nature of their corporate culture (Greenhalgh, 2004). The reliance on a balanced scorecard to unify their core vision, mission and values back to financial performance was needed (Niven).

As a result of the continued deterioration of financial and customer performance, management at Saatchi & Saatchi put into place financial and customer-driven goals for the company. The financial objectives included the foundation of their company's resurgence and comeback, including growing the revenue base faster than market rates, converting…

The applicability of Activity-Based Costing for decision making is directly linked to the influences that ABC has over process control. In this order of ideas, by better identifying the incurred costs or the overhead, managers can better monitor and control the evolution of products, prices, costs and consequently, profits. ABC identifies the costs incurred by each item in terms of resources consumed. Therefore, with the aid of ABC, organizational managements have the ability to control resource allocation.

Activity-Based Costing reveals yet another significant feature: it has the ability to evaluate the costs of not producing an item. This basically means that with the aid of the ABC, managers are able to know how much they have lost due to machine malfunctioning, product damaging, increased inventory costs or time spent waiting for a machine component to be replaced. "Activity-Based Costing therefore gives not only much better cost control, but increasingly, it…

hus, today, if someone asked you whether they should invest in Apple, Inc., the answer would be "yes."

Appendix a Steve Jobs: CEO and Co-Founder

Steve Wozniak: Co-founder

imothy D. Cook: COO

Peter Oppenheimer, CFO

Philip W. Schiller: SVP of Marketing

Jonathan Ive: SVP of Industrial Design

ony Fadell: SVP of iPod

Ron Johnson: SVP of Retail

Sina amaddon: SVP of Applications

Bertrand Serlet: SVP of Software Engineering

Scott Forstall: Vice President of Platform Experience.

Appendix B

Mac Personal Computer System

Mac OSX and OSX server

Ipod and iunes

IPod Hi-Fi

Quick ime

ILife, iWork

Safari

Apple Remote Desktop

Xsan

Final Cut Studio

Logic Pro

Apple V

Aperture

Final Cut Studio

Cinema Display

Appendix C

Strengths:

Apple has seen new success as a result of its iPod music player, which has increased profits by $320 in the second quarter of June, 2005. he positive reviews of iPod has given the…

Financial and Economic Impact of Worker's Compensation egulations And Compliance

The program and concept of Workers' Compensation might appear to be a product of a civilized society and the modern era, but nothing could be further from the truth. In fact, Workers' Compensation has essentially been around for as long as people have been completing task for payment of some form of another, because people have always been getting hurt in some way, on the job. "The history of compensation for bodily injury begins shortly after the advent of written history itself1. The Nippur Tablet No. 3191 from ancient Sumeria in the Fertile Crescent outlines the law of Ur-Nammu, king of the city-state of Ur. It dates to approximately 2050 B.C.2. The law of Ur provided monetary compensation for specific injury to workers' body parts, including fractures. The code of Hammurabi from 1750 B.C. provided a similar set of rewards…

Financial Accounting

Accounting Concepts

Financial Statements (Regulatory oversight)

The rapid failure and bankruptcy of Enron has prompted severe criticism of the nation's financial reporting and auditing systems, which are fundamental to maintaining investor confidence in U.S. capital markets; there are four areas in which the Enron failure revealed serious problems: corporate governance, the independent audit of financial statements, oversight of the accounting profession, and accounting and financial reporting issues (GAO, 2002). The financial statements are the frontline in determining a company's integrity and accountability. hen a company makes its financial statements public, then they can be scrutinized by many external entities to be used in the market.

However, before financial statements are made public, they should be examined by an external auditor. Auditing is one of the most essential functions in the entire accounting business function and mistakes made in accounting can cost an organization everything. Therefore the auditing process…

...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…

Companies use the income statement to show how successful the company is during specific time frames. Investors often want to know how much money is being brought in, they want to know that the company has enough funds to pay the operating expenses and any liabilities the company has.

Those same investors oftentimes wish to receive dividends on their shares of stock. They can ascertain whether the company has the means to do this by perusing the retained earnings statement. The retained earnings statement shows how much money the company has paid out, as well as how much the company has kept for future growth. If investors wish to buy a company that is going to be a strong growth company, then retained earnings is important because it will show that the company has the funds to do so.

A company's cash flow is a high priority to bankers, venture…

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…

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…

Financial statements allow investors to compare the performance of different publicly-traded companies. This is because there are specific rules that govern how each company can compile and present its statements, and these rules are enforced by the SEC. Two companies that compete in the mobile operating system and online advertising businesses are Apple and Google. This report will compare these two companies, using the financial statements for each for the 2012 fiscal year. The balance sheet will be the specific area of comparison.

For both companies, the last few years have been exceptionally profitable, and this is noted on the balance sheets of each. Both companies have had their assets and their equities increase significantly over the past few years as a result of their profits. The current assets for both companies have expanded, indicating that the operating business of each company has grown significantly. As well, the total assets…

Company

5) Feedback

The feedback received by climbers upon reviewing the plan and completing the training

Customization of the plan based on team features, such as size, physical fitness of the climbers and so on

6) Control

Initial control of the fitness, motivation and skills of each climber

Continuous controls of the state of each climber

7) Activities

Training of the team members

Physical checkups of all climbers

Packing supports

aising environmental responsibility awareness and support

Mental preparation: understanding the risks, such as the potential for hallucinations or frostbite

Insuring the climbers against any potential risks associated with climbing (de Garis and O'Connell, 2003 de Garis and O'Connell, 2003).

8) Inputs

Personal commitments and desires of both climbers as well as T. Company staff

Long existent expertise of the staff at the T. Company

Financial investments. A trip to the Everest would generically commence at a minimum investment of $25,000…

Systems and Diffusion of Innovation Theory

Attached File

Systems theory vs. diffusion of innovation theory

Systems theory is based upon the idea that the whole is greater than the sum of its parts. Its founder Ludwig von Bertalanffy proposed that, based upon his experience with the biology of organisms, all systems are constantly changing because they are able to interact with their environments. Systems are open and thus can acquire "qualitatively new properties through emergence" (Clark 2011). Living beings of all kinds are capable of taking in and incorporating new elements while expelling the old. This is vitally important for healthcare organizations today to understand, given the need to respect the changing nature of patients and the fact that patient's health can be significantly improved or worsened, depending on the type of care the patients receive and do not receive. Healthcare organizations must be true 'learning organizations' as new patients…

In most occasions however, the consent of the Congress is rather difficult to acquire and this often leads to frictions in the relations between the two parties. So tense are these relationships that the President perceives his meeting with the Congress as the most demanding and largest milestone in his path. "The President often sees Congress as an obstacle to be overcome, and always has to calculate how his proposals will play out with Congress. He cannot dictate to Congress what he wants, and faces a huge task in communicating with Congress because of its size and diversity" (Hamilton, 2004).

The frictions which occur between Congress and President have had a historical positive side in the meaning that they forced Presidents to forward flawless action plans, based on real facts, resource estimations and expected outcomes. Today however, the general perception is that these tensions are a means of stalling and…

Systems Management Problem:

Cincom Company operates in a flexible business environment that allows participating business enterprises and customers to be flexible. This flexibility translates into the ability of these businesses to choose the best software option from available options like Software-as-a-Service (SaaS), cloud option, and one or on-premise enterprise software. Generally, the availability of this software options and the flexibility of the business environment implies that Cincom Company can choose the type of software to implement based on its specific needs. However, the company is faced with numerous challenges including difficulty in implementing change, customer lock-in strategy, and lack of flexibility due to its particular organizational structure and culture. Actually, the major challenge for Cincom is the difficulty to adapt to and implement change that will reflect the new business environment it is operating in. This challenge is characterized with the CEO's approval of all products, pricing, sales, and services…