Wealth management is the proper handling of assets, liabilities, and investment. It has broad definition and objectives that are divided into different categories. These policies are become useful guidelines for effective financial management, asset allocation, and mining of unique investment concepts. It is also referred as one of the most systematic way of private banking because of dealing two types of client. The institutional client of which is best represented by a pension plan and the non-institutional one which can be referred as individual policy. Both of these accounts require keen wealth management and highly organize guidelines to prevent ...
Taxes College Essays Samples For Students
3122 samples of this type
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Camping refers to the holiday where people sleep outside in tents especially in grassy and lake areas. Motels on the other hand, are roadside lodgings often quaint and privately owned where families stay when travelling through the national parks, countryside or woods. The intent of this paper is to provide a comparison between camping in the woods and sleeping in a hotel.
Both camping in the woods and staying in motels entail some form of conveniences. There is better maneuverability in motels just like in camping; everything needed is within close reach of individuals. Motels are also convenient because ...
William Faulkner, the author of the edition ‘A Rose for Emily’ has written a story covering the life of Emily Grierson. Emily was initially a vibrant girl in her early ages but changed as she grew older. She is a spinster who resided in the south. William Faulkner has used flashback in this story to show the past activities that happened in the life of Emily (William 1). These activities took place in a place called Jefferson. This place is situated in a county called Yoknapatawpha.
The relationship between the people in the town and Emily starts even before ...
For a successful business there need to be strategic plans so as to offer quality products or services to the market and be the best among other competitors. For airlines, segmentation, targeting and positioning are the major factors considered. They first look out to what kind of customers exist, which one among the many are they going to serve and finally implement segmentation and maximize on products or eservices for that segment that they have chosen.
Segmentation entails determining what kinds of consumers with diverse needs exist. In the airline industry, some customers demand speed and recital, while a ...
1. Author and major thesis of the Yes side.
The authors of the Yes side are Marion Nestle and Michael F. Jacobson. They argue that a public health approach is needed to encourage Americans to eat a healthy diet.
2. Author and major thesis of the No side.
The author of the No side is Michelle Cottle who argues that the relationship between Americans and food are too complex and nonnutritious foods should not be regulated.
3. State in your own words two facts presented by the Yes side.
i.
Food consumption should be regulated since excess consumption of ...
1. The 80/20 rule applies to my product which is a car. This is because in the world, 80% of cars are owned by a 20% population. Although 80/20 rule applies in the case of a car, it does not apply in the case of a mobile phone. Ideally, the possession of a mobile phone is almost equal to the population in world.
2. List of phases of consumer decision process
- Problem recognition
The consumer grows a need of having a car following the changes in his or her income status and the need to be self-reliant and ...
Introduction
Financial budgets refer to monetary estimates of expenditure that the organization expects to incur in future as it carries out its periodic business operations.
Budgets have proven to be important business tools over the course of time. One of the most important uses of the budget is that it can be used by the management of a business entity to make decisions. Decision making is the most important process in a business entity because it determines the direction of the business after a financial period. Financial periods are marked by losses or profits depending on how the entity has ...
An ideal market place is one where demand is equal to supply leading to the right quantity of goods being supplied into the market. The goods that are supplied in the market must also be used or at least bought by the consumers in order to create a “perfect” market place. If this balance is changes or forced to change, then the resulting market would not be an ideal market. It would either be more goods supplied than demanded or more goods demanded then supplied. In either case, this will lead to higher than the actual or lower than ...
Reading log #6
Article URL: http://www.forbes.com/sites/kellyphillipserb/2014/04/18/higher-or-lower-how-do-you-think-your-u-s-tax-burden-compares-to-other-countries/
Summary:
In the article, the author compares the tax burdens in the USA and the OECD (Organization for Economic Cooperation and Development) countries over the last few years. Despite paying about a quarter of one’s earnings to the social security taxes and federal income tax, Americans are still ranked on the lower end among the OECD countries. The author notes that there has been tremendous rise in tax burdens in 21 OECD countries since 2010. Additionally, the author points out that the tax wedge for single individuals without children is higher than for households with children ...
Middle-class squeeze
In this paperwork, I am going to handle the topic on middle-class squeeze and how it affects the economy, security, and the future of the United States-income inequality.
Income inequality has become a burning issue lately in the United States, whereby, experts are seeing it as a threat that holds back the economics of the United States. President Obama was heard on CNN referring to income inequality as the crucial issue of our era. The rising trend in income inequality over the past years has led to many Americans citizens losing their faith in some key aspects, such as ...
General Electric (G.E) is an American corporation that is a leader in industrial diversified production of such goods as jet engines, plastics and medical imaging, power generation equipment and financial services. General Electric (G.E) highly diversified product line is meant to reduce the company’s business risk (Forbes).
General Electric has a number of strengths. Among the most notable ones include the following:
Industry reputation.
General Electrical is recognized strongly within the diversified industry. Considering the energy infrastructure industry as an example, G.E leads in the areas of development, enhancement and implementation of goods and technologies that focus on gas, oil, wind and water. Most precisely General Electrical is among the leading providers in ...
Misallocation of funds
The Make a Way Foundation was founded with the aim of fighting poverty and hunger that involved communities with hope and self-reliance. The foundation had planned for a children’s summer expense project but in the process of goal realization for this fiscal year, it has been realized that there is a misallocation of funds that can be attributed to the following reasons.
Some officials who do the scoring for the awarding of the funds fail to follow the right criteria in many cases. So some applicants were unequally treated and in times were awarded more or fewer dollars ...
National or regional government provides a range of public services to its residents, for example, public housing, social security, health care, and social care, and these services are the one referred to as social services. They can either be state or federally funded depending on the budget.
The Texas Temporary Assistance for Needy Families (TANF) Program was formerly known as Aid to Families with Children (ADFC). The purpose of this program is to provide support service in terms of medical and financial assistance parents or relatives living with needy dependent children. Households found to be eligible for the TANF ...
The theme of chapter “Optimizing Distribution Channels” is that the performance of the agency can be improved by meeting the needs of citizens.
- In this chapter, Kotler and Lee has described that the public service performance can be measured by analyzing how well the agency is meeting the requirement of common good that is paving the way to the creation of good for a number of people.
- The public sector goods are defined in terms of three measures that are commonly known as triple bottom line, it includes social good, environment good and the economic good.
- ...
Introduction
Trade unions are organizations that represent the working people. The membership of these organizations comprise of employees from different sectors of trade, professions and occupations. The union’s main objective is to represent its members in the working environment and in the general society. The working of the trade union is through collective bargaining as well as through a harmonized rule-making process. The South Africa trade union is the largest in Africa and plays a big role in the labor market and industrial relations in determining policies in the country. There are three prominent trade unions in South Africa ...
Use this template to insert your answers for the assignment. Please use one of the four methods for showing your work (EE, Math Type, ALT keys, or neatly typed).
Write the final answer in the terms being asked such as dollars/cents, degrees, tickets, etc.
1. Companies often sell products at or below cost in order to draw in and retain customers. Redman Manufacturers is tracking 5 items from last month’s sales. On item #1 they make $15; item #2 loses $4; item #3 makes $9; item #4 loses $6; and item #5 makes $12. Last month’s sales ...
0ne of the questions that one should ask him or herself on this subject is what are taxes? It is fundamental for everyone to understand what taxes are and why people pay them. By understanding the concept behind the enigma, then one can conclude based on sound knowledge. In simple terms taxes is the percentage of money that the government takes from takes to support the services it offers such as security, good roads and education. Without taxes, no government in the world can function. This is because no government has its own money. A huge part of what ...
Section A: Plan of Investigation
Most of the people in the current generation believe that war and essentially investing in the military is good for the economy. This is quite contrary to public acknowledgement and comprehension of the costs involved in case a war takes place. World War II disrupted a lot of systems the world over; America not being an exemption. This paper seeks to elucidate on the extent of damage the American was subjected to as a result of the war. Focus will be given to the macroeconomic implications of U.S policies as a result of the conflict. To achieve a sound ...
Golf Corporation
Liquidity Ratios:
Current Ratio for the year 2012 = Current Assets / Current Liabilities
Current Ratio for the year 2012 = 2,000 / 2,000
Current Ratio for the year 2012 = 1
Current Ratio for the year 2013 = Current Assets / Current Liabilities
Current Ratio for the year 2013 = 3,000 / 4,000
Current Ratio for the year 2013 = 0.75
Quick Ratio for the year 2012 = Current Assets – Inventory – Prepayments / Current Liabilities
Quick Ratio for the year 2012 = 2,000 - 500/ 2,000
Quick Ratio for the year 2012 = 0.75
Quick Ratio for the year 2013 = Current ...
Investment Policy
This investment policy has been drafted after consideration of a number of policies on the part of the client. It also describes all the prudent investment factors that the investor deems appropriate. In this investment policy, the investor is offered asset classes that are managed under specified management styles for achieving the set objectives (Craig, 2012). The main return objective for this investment policy is maintaining the returns for the investor at a minimum of 7.5% while maintaining a moderate risk level in comparison to other market investments. It also aims at capital preservation and long term growth for ...
The State of Texas has a regressive tax system. Lower income households see higher effective tax rates than households with higher incomes. The state does not have income taxes levied on individuals as a source of revenue. The significant sources of revenue in the State of Texas include sales taxes which accounts for an estimated 50% of the total taxes (House Research Organization 1). The state also gets revenue from the Federal Government which funds programs in healthcare, transport and education, this is done inform of outright grants or matching funds. The state of Texas gets non-tax revenue from ...
In order to get a clear picture of how Plato would respond to this dilemma, it is important to establish the facts about this case. A woman named Lisa Krawchuk qualified for welfare assistance because of her low income. The welfare authorities required her to report any changes in her income for the period that she received the benefits. She agreed to that condition, reported an increase in her income after her husband got a part-time job and the welfare office reduced her payments accordingly. Lisa failed to report that she was benefiting from a student loan and the ...
There have been a lot of crises throughout the history: South Sea Bubble (1720), Cuban missile crisis in 1960s, OPEC oil price shock in 1990s, Asian financial crisis of 1997, Economic crisis in Mexico (1994) and many others.
However, the financial crisis of the 2007-2008 is said to be the worst crisis since the Great Depression of the 1930s. First victims were the countries, which are the biggest financial centers in the world. Later, in a year or half, the rest of the developing countries started to suffer from the financial crisis that became global.
The term of the ...
The short-story “The Rose for Emily” consists of many symbols, the interpretation of which is of much use to understand the sense of this work. William Faulkner uses much of the symbolism and imagery in order to succeed in his literature endeavors. Undoubtedly, there are many symbols that can be used in the other similar short-stories, and they can be even compared to the other works. Faulkner uses the symbolism, imagery and allegory to persuade readers and help to understand this short-story profoundly.
The House
The house of Miss Emily is one of the most significant symbols in the story as ...
Import Tariffs
Introduction
Sloman and Wards (2007, p23) define tariffs as the taxes imposed by the government on the imported goods. In most nations of the world, the tariffs on the imported goods have always been hiked in favor of the locally manufactured goods. When the imported goods get to be highly taxed by the native government, their prices are increased to counteract the high cost of importation. This has always left the domestic goods relatively cheaper and thus high demand from the customers. The imported goods on the hand suffer at this expense; their cost lowers their demand. The government ...
Following the American Psychological Association’s Guidelines
INTRODUCTION
The economy management of the country has two kinds of policies to intervene and regulate the markets in case of market failure: Fiscal policies and Monetary policies. Fiscal policies are the responsibility of the government, and the monetary policies are implemented by the Federal Reserve System (FED). The economic policies can be implemented in two ways: expansionary and contractionary economic policies. Expansionary policies stimulate the economy and expenditures of consumption and investment increases as the result of these policies. Contractionary policies slowdown the economy, and the expenditure level decreases. In this essay, the definitions of the fiscal and ...
Taxation is one of the controversial issues in society today. There are any reasons that have been raised in support of marijuana taxation. On the same note, other scholars assert that marijuana taxation is not bet best way to undertake. It is worth noting that marijuana taxation comes with various negative issues that counter the arguments for marijuana taxation. The state is always focused at the social, economic, and political status of its people is stable. The state should not expose its people to risks, but rather ensure that people consume health products. Therefore, marijuana should not be taxed.
...
The Starbucks fiscal year annual report has over the years been used as a tool of communication from the managers to the shareholders. Through this document, shareholders are better placed to understand their company better. By receiving an in-depth analysis on many factors within the company, they can then understand where their company is headed. This will in turn allow them make decisions relevant to the situation on the ground.
For instance, in the 2013 report, shareholders were provided with a summary of the various financial statements. As such, one gets a glimpse into the operation of the company ...
- Historical Documents
In general, terms, the U.S Constitution is the country’s supreme law. It was adopted on 17 September 1787. However, it was not until 1789 that this constitution was ratified. During this time, it was ratified by only 11 states. Though authored by several personalities, Governor Morris who hailed from Pennsylvania has been credited as the man who chaired the committee that drafted the constitution. Other members of the committee included John Dickinson, Thomas Jefferson, and James Madison among others (Ritchie et al. 56). The Constitution was created for a number of purposes. Of major importance, ...
Introduction
The financial statements of organization are the measure of its performance. The financial health of an organization can be judged from its financial statements. That is the reason why the statements should represent a true and fair view of its position. Often people at key positions are encouraged to falsify accounts to meet short term needs such higher earnings per share or profit after tax. Sometimes people engage in such activities to conceal the actual position of the organization and make it look profitable in the eyes of investors. It is not just big organizations but the small ones ...
TELUS is an innovative telecommunications company of Canada. It began is journey from the provinces of Alberta and British Columbia; going on to become the country’s second largest telecommunications company. Today, they provide a range to internet solutions for home, workplace or on the move. They provide a wide range of communication products and services such as data, Internet Protocol (IP), voice, wireless, entertainment and video.
We would like to provide you with the brief history of TELUS to highlight major landmarks in its recent history. In the year 2009, it acquired Black’s Photography, a chain of ...
The year 2014 was not well welcomed by the Japanese due to the economic hitch that they experienced. This caused the consumption tax to be raised effective from April 2014. The consumption tax was imposed as the value added tax of 8 percent compared to 5 percent that it was charged. This made the consumers worry about their spending of which this increase of the value added tax shock off their recovery in the sentiments.
In 1997, the same hike caused a negative effect. By then it was as a result of the Asian financial crisis. It led economy ...
Re: Addressing the negotiation between the Unions and the Management of Zinnia Hotel
I want to announce to you all the agreements put forth during the negotiation meeting. In proposal 1, which indicate that No subcontracting Clause, the union accepted it since it will be able to limit those proposals to subcontract out the union’s roles especially where there is a solemn business need. The union accepts the position of the management that it will not consider the conditions to the CBA, which references to the sub-leasing of the operations. The Union also accepted that a 7 calendar days advance notification will be appropriate for the management to reschedule all replacements ...
- Cash Equivalents
The company has entered into arrangements with its partnering distribution clients that designated cash accounts to UTIW from receivables from the end clients of its distribution partners. These cash accounts are identified as the company as “cash equivalents”. As of 2013, the company’s cash equivalents were reported as US$ 27.6 million as of January 31, 2013 and US# 37.4 million as of January 31, 2012.
UTIW often acts as a customs broker. When the company does this act in behalf of its clients, it pays in advance for customs duties and taxes. These payments are ...
English 103
Tobacco has a long history in the America since 600 to 900 A.D. It was used predominantly in medical purposes and the people on that time did not smoke every day (Healthliteracy.worlded.org). Today, smoking has become the major problem in the world since 1950s. According to the cross-section data obtained from 187 countries, nowadays there are more than 967 million of people, who smoke every day compared to 721 million in 1980s (BBC.com). It comprises about 1/10 population in the world and there are more than 480,000 deaths per year that are caused by smoking cigarettes in the ...
Introduction
Thank you for accepting to take part in this survey. Your feedback is important in helping us to serve you better. The survey should only take about five minutes of your time and your answers will be completely anonymous.
- What is your gender? (obj: To know demographic details of Extreme Exposure members)
- Male
- Female
- Are you a member of Extreme exposure rock climbing? (obj: know demographic details of Extreme Exposure members)
- Yes
- No
- How many times have you visited Extreme Exposure rock climbing facility? (obj: To know demographic details of Extreme Exposure ...
Improving Housing Quality in Canada to Improve Health
REF: IMPROVING HOUSING QUALITY IN CANADA TO IMPROVE HEALTH.
The basic issues that determine the health of Canadians are not medical related or lifestyle choices but rather the conditions they experience in their living. These are primarily the determinants of social health. This is according to the research that has been done over the years in Canada. Most Canadians are not aware that their health is majorly shaped by how the income they earn is distributed. It is also shaped by education about health, race, disability, gender, aboriginal status, healthy services, and housing.
One of the major factors that ...
There is no denying that there is seemingly unequal access to justice in most legal systems. However, one of the biggest hindrances associated with access to justice is the disparity between the rich and the poor. In addition to the technical, complex, and cumbersome procedure that characterize most legal systems, people have to pay to access to have their issues addressed. The rich and the poor suffer the same fate with regard to largely retrogressive legal procedures. Notably, the poor suffer more injustices that the affluent since they are not able to afford the exorbitant legal fees that are ...
Introduction
Accounting and finance are two different fields from each other as both of these things require having quantitative data to analyze the things in an effective and well organized manner. Organizations are made to increase the financial belongings with the help of effective accumulation and articulation of data with its utilization at different places and sections in particular. The main perspective of this assignment is to analyze the effectiveness of quantitative data to manage an organization with effectiveness. It is advised to select an organization and the organization which has been selected for the same analysis is General Motors. ...
- Young women and economic development in the developing nations
First, educating young women increases average personal income in the economy. Studies indicate that young women have higher chances of advancing their personal income by twenty five percent. Secondly, developing nations have high population of women than men. This shows that educated women will initiate fast economic growth rate through increasing per capita income. Similarly, research stipulates that women play an integral part in agriculture, which provides food security and overall agricultural products foreign exchange. In fact, learned women initiate best farming practices, which increase agricultural productivity. Subsequently, women ...
Business
European socio-economic model is an amalgamation of the wide-ranging welfare systems and powerfully politicized and institutionalized forms of the industrial relations (Grahl and Teague). It comprises of the social security, economic life, educational system and the methods for driving the formation of human capital and for creating and diffusing knowledge. There are several advantages as well as disadvantages of the European socio-economic model. Considering the advantages, the European model is not merely a social model; rather it influences employment, production, growth, objectives and goals of economic policy and the competitiveness (Aiginger and Guger). The European socio-economic model is a ...
1- What items dominates the budget?
The items that dominate the budget include; education, infrastructural development and private sector initiatives. Other key areas that the budget focus on include creating more jobs for the people and focusing on revenue collection. Domination of items is based on the importance attached to them. Some of the areas that budget focus on are directly related to one another. For instance, in infrastructural development, when the sector is active, a number of jobs can be created as without much of a hustle. The budget focused on critical areas capable of boosting economic stability. In a sense, by looking at ...
A budget is an integral part of any economy. It outlines the financial plans of a country to facilitate economic growth. Most countries, including the United States of America prepare a budget comprising a one fiscal year financial plan. The US budget has indicated a deficit since 2008; this indicates that the government’s expenditures exceed the amount of revenue collected from the tax revenue. The federal government borrows funds to achieve its expenditure needs, and the interest rate increases annually. The borrowed funds are paid using the tax receipts from the taxpayers; the US government usually pays off ...
‘Instructor’s Name’
‘Subject’
Rich dad, Poor Dad
Rich Dad Poor Dad is a book written by Robert Kiyosaki first published in 2000. It narrates the life story of the author who had two fathers, one (biological) rich and one (not biological) poor. Kiyosaki had two options in his life. He could either follow the advice of the poor father, an educated government employee, or follow the advice given by his rich father, who was a non-graduate entrepreneur.
Though both the fathers were not extremely rich or poor at that time, Kiyosaki still chose to follow the advice of the entrepreneur rather ...
Introduction
The great recession is believed to have started toward the end of 2007, and affected most economies. This was dubbed the great recession in the literature since it was mainly deep and prolonged, and therefore was regarded to be the worst recession since the great depression of 1930s. For years, the economists have not agreed on the causes of the great recession nor have they agreed on the correct policy response to the subsequent recession. This made several governments introduce significant stimulus programs in an attempt to reduce the economic impact of the recession. Similarly, the increase in government ...
When speaking about Clermont let’s first discuss where it is located. Clermont is considered as the largest city in Lake County. Lake County falls under the jurisdiction of the state of Florida. As of the year 2012 the population was about 30000 people. The composition of the population is made up of mainly white residents who make up 72% while the Afro-American population is at 14% and the remainder is made up of Asians and other races. Children and young adults under the age 24 of 24 made up about third of the population at 26%.the male ...
Canada is known to be among the largest agricultural exporter and producers globally. A recent statistics shows that the production of field crops, particularly wheat in the year 2013 has increased at its highest record as compared to 2012. The wheat production was reported with an increase of 38.0% i.e., 37.5 million tons by in the year 2013, in comparison to 2012. Prairies showed record production of Wheat of 11.3 million tons, whereas Saskatchewan and Manitoba showed production increase of +43.8% and +31.5% in 2013 respectively in comparison to 2012 (Statistics Canada ).
The farmers who produce wheat face numerous ...
Benefits and Costs of Competitive Market Structures
Competitive market structures, such as perfect competition and monopolistic competition, have the benefit that efficiency is high. Sellers aim at providing high quality goods and outdoing one another to attract and retain consumers. This is beneficial to the consumers who enjoy high quality of goods. Furthermore, the prices of goods are affordable as sellers aim setting prices that will attract more clients. Consumers experience a higher purchasing power with the same level of income. Consumers enjoy a wide range of goods courtesy of the sellers’ efforts in branding. The high quality and wide variety of good at affordable prices ...
Introduction
The President Barack Obama unveiled his blueprint budget for the fiscal year 2015 on Tuesday the 6th of March 2014. The $3.9 trillion budget blueprint sent to the Congress has already elicited sharp reactions among the American Public. The Government has made it clear that this budget is aimed at seeking new spending to improve economic growth. It also aims to reduce the national debt by increasing taxes on the rich, reducing outflows to health-care providers and revamping immigration laws.
The budget is also seen as a bridge towards development, opportunity, and economic accountability. Through this budget, the President ...
1. WHAT ITEMS DOMINATE THE BUDGET?
Employment and Job creation
The president’s speech featured employment as a major concern for the government. This is because it is the major macroeconomic indicators for economic growth and development of the country. The President expressed disappointment due to the manufacturing companies’ intention to hire workers from abroad. To avert the situation, he said that the key impediment to job creation is the stiff tax regime that has deterred potential investors from investing their capital in the country. He said that the proposal on tax reforms, which he had proposed to the budget committee, had been ...
Company: Diageo Plc
Industry: Alcoholic Beverage Industry
Diageo Plc is a British, multinational alcoholic breweries manufacturer. The company is headquartered in London, United Kingdom and the primarily operations of the company are related to the manufacturing of alcoholic breweries which includes, wine, spirit and beer. With the market capitalization of $78 Billion, it is the eight largest company registered on the London Stock Exchange.
Diageo is also a proud owner of the leading brands in the alcohol industry as Smirnoff, Johny Walker and Guiness.
Stock Exchange Listing/ Stock Market Activity:
Diageo Plc is registered on London Stock Exchange under the ticker symbol of ‘’DGE’’. With the average volume of 622,398 shares, the company stock price is in the increasing trend. Referring ...
Answer 1)
The role of each of the financial statement is explained hereunder:
Income Statement:
Also known as Profit and Loss Statement, income Statement, indicates the net profit or loss of the company during the year.
Balance Sheet:
Also known as the Statement of the Financial Position, Balance Sheet provides information about the financial position of an entity at a given date. Balance Sheet consist of following items:
- Assets
- Liabilities
- Equity
It works on the principle of Assets= Liabilities+ Equity
Cash Flow Statement:
Cash Flow Statement provides information about actual cash transactions in the entity held during the year. The movement of cash ...
Financial Analysis: Nike Inc.
General Information:
1) Corporation:
Nike Inc.
2) Home City:
Oregon, United States of America
3) Current Fiscal Year End:
4) Primary Products/Services:
Nike Inc, was founded in 1971 and today, the company is the most valuable brand in the sports industry. Nike Inc. is engaged in the primary activities relating to design, devlopment and marketing of athletic shoes and apparels.
5) High-Low Selling Prices:
6) Describe Stock Price Trend: The stock price had been in the decreasing trend since beginning of 2nd quarter, however, post the beginning of 3rd quarter, a constant walk is seen in the stock prices.
7) Describe Price Range: The stock has ...
Salary refers to the periodic payments to employees by the employers that are often specified in the contract for jobs. Salaries are often fixed amounts of money paid to employees on a regular basis in return of the services they provide to the organization or the employer. Salaries may also be viewed as the costs incurred in acquiring the human resources by an organization or employer. Salaries are often paid at fixed amounts and intervals especially on a monthly basis. The salaries are often determined by making a comparative analysis of the market rates of the other organizations or ...
Answer 1
Imposing a heavy tax on e-cigarettes is not a good idea. This is due to the fact that it leads to tax inefficiency. Taxing the e-cigarettes at a higher rate than the other alternative small businesses in the same field will lead to loss of equity in the tax system, hence the tax inefficiency. This taxation will result to a deadweight loss that will cause the demand of cigarettes to lower and also raise the price. Similarly, the consumers and the producer's surplus will be reduced. The consumers will shift to other alternative products hence reduce the demand of ...
Introduction
Ecuador is a democratic nation found in South America. It has neighbors such as Colombia to the north, Peru to the east and south and the Pacific Ocean to the west. The economy of this country is reliant mainly on the exports of bananas, oil, gold and shrimps. The main economic activities of the people of this nation are farming and mining. It is the largest exporter bananas in the world. Most of the shrimps are also exported to major world markets especially in Europe. The country practices presidential system of democracy where the president is the head of ...
Question 3
FASB creates rules for reporting the accounting standards for private and public sector companies. SEC, on the other hand, creates rules to protect the interests of investors, facilitate capital formation and maintain efficient market. Let’s say both the companies do not exist. In such scenario, some of the companies may try to report their earnings in a way to show more profit than actually is. Even it will be difficult for investors to compare two companies by merely looking at their financial statements as each company may use their own financial and accounting standards and variations. Without accounting ...
Andre has two situations, let us take a look at them:
- Each barber (Total 5 barbers) is paid $9.90 per hour and works 40 hours a week and 50 weeks in a year, regardless of the number of haircuts.
- The barbers receive $4 per hour plus $6 for each haircut.
In both the situations the following remain the same:
Situation 1:
Contribution Margin allows the company or an individual to determine the profitability of their service or product. To calculate the Contribution Margin we will have to subtract the Variable cost per hair cut form the Price of each Hair cut. The variable costs are the expenses that vary with the quality of the output. They differ ...
28th Februar, 2014
Financial Analysis
Answer 1)
Liquidity Analysis:
These ratios are used to judge short term solvency of a company i.e if it can honr its short term obligations. Generally two liquidity ratios are calculated:
i) Current Ratios = Current Assets/ Current Liabilities
ii) Quick Ratios= Current Assets- Inventory/ Current Liabilities
ii) Solvency Ratio:
These ratios are used to adjudge the long term solvency of the company i.e if the company can honor its long term obligations.
i) Debt to Equity Ratio: Debt/ Equity
ii) Interest Coverage Ratio: Operating Income/ Interest Expense
iii) Profitability Ratio:
One of the important ratios both for ...
Founded during the year 2004, Facebook today is the world’s most loved social networking site. However, the success of the company is equally contributed through venture capital, which the company raised in various rounds of financing over the years. The company raised its first successful funding from the venture capital firm, Accel Partners during 2005, which made a bet of $12.2 Million on a year old website which was run by a college drop out. The amount was raised solely for the expansion of the company and to reach out to more and more users. The funding raised ...