Sarbanes-Oxley Act was enacted in the year 2002 in response to financial malpractices among the corporations in the United States of America. The Act led to significant changes in corporate governance and financial practices as a way of reducing frauds prevalent in the financial sector. There were a myriad of factors that interacted to form a culture and suitable conditions, which led to a series of corporate frauds between the year 2000 and 2002. These factors were closely analyzed, and their root causes necessitated the enactment of Sarbanes-Oxley Act in 2002. This paper analyses the pre-Sarbanes-Oxley Act ...
Banking Reports Samples For Students
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According to the Federal Trade Commission, the test for unfairness assumes a tripartite approach. Three critical aspects are considered in analysis whether a practise is unfair or not. The paper shall briefly examine the three steps of analysis. Foremost, the substance of the injury is examined. The injury must be substantial in a way as to cause economic, social safety and or a health damage. According to this test, the harm occasioned by the conduct of the market player needs to be substantial enough to occasion an injury to the consumers and that injury must to be against public ...
Industry Report: Banking
When it comes to an industry, then there are number of things which have been taken into account for the same. The essence of effectiveness and productivity always been associated with an industry and the stance of effectiveness depends upon certain factors. There are number of industries working in the world and all of the industries have their own significance and importance lies in a broad nutshell. There are certain aspects which have to be taken into consideration by an organization or by an industry in order to become competitive and eminent in a certain industry.
Financial Productivity ...
These items were carefully chosen so they could fall within the allocated budget. I considered product quality since the hotel management needs products that can withstand heavy use. The items will be sourced from various retailers in Australia and no item will be imported because of the high costs involved in importation. This analysis requires the approval of the General Manager and Financial Controller. I secured at least three quotes for each item and made a comparison although I only had to list one.
My target was to use at least 50% of the total budget allocated, so as ...
Banks such as UK bank get the money that they lend from the deposits. The level of lending is usually dependent on the demand of the funds by the public and on the economic level of the state. When the demand for money is high, UK bank will have to check on the level of money that is circulation before it decides on how much to lend out (Sessa, 2011). It is done to reduce chances of having excess money supply into the economy that may result to the inflation. The bank can use various ways to ensure that ...
Analytically, Softwood Ltd has been experiencing growth in the recent years thanks to its large client base. In its effort to expand, the business should make sound financial decisions to avoid a possible decline of its current position.
In their endeavor to expand, Softwood Ltd has various sources of finance to rely.
1. Internal sources
Internal sources encompass all sources of finances within the company. These could be retained profits, proceeds from sale of furniture of the company’s property and personal savings by the owners of the venture (Dlabay, 2008).Examples of internal sources are;
- Retained profits
- Tighter credit control
- Reduce inventories
- Delay paying trade payables
2. External ...
Financial Markets and Institutions
Impact of Credit crisis on financial market liquidity
The financial crisis which the United States economy had to face during the years of 2007 – 08 was the worst of its kind. The banking system had not faced a crisis of this magnitude since the 1930s which forced professionals who belong to this field to question the state of liquidity of the system. The central role that banking institutions, and which the financial business performs as such, is to provide the public with cash, allow them to make deposits and invest their funds in securities or provide them with term ...
- The project company, AstraZeneca PLC (AZN.L)
- Two selected competitors, GlaxoSmithKline (GSK.L) and Aeolus Pharmaceuticals (AOLS)
- The FTSE100 Index (of which both AstraZeneca and GlaxoSmithKline are constituents)
We collected the stock prices for the period 2013/10/01 – 2014/03/21 from Yahoo Finance. To compare returns, we used adjusted close prices because they take into account stock splits and stock offerings as well as dividends. The comparison of the share price behavior of the companies compared to the FTSE100 can be seen in the chart below:
As can be seen, AstraZeneca clearly outperformed its peers by a significant margin (total ...
Management of Working Capital Case Study: George's Trains
Actionable information on the future and current cash flow, working capital, and capital budgeting are what managers in both small and big businesses work hard to obtain in their daily activities. Working capital is can be used to measure up the liquidity of the operations of the business (Sullivan 2010). It is usually the current assets subtracted from the current liabilities. Managers are normally concerned about working capital and would always seek the best practices to achieve a better working capital management. This report tries analyses the case study of George’s train business with an aim ...
Strategic planning is a vital component in the sustainability of school systems especially universities. As research shows, these problems are not unique to higher educational facilities only they need to be applied to other forms of business enterprises and nonprofit organizations. External factors like budgetary allocations, reduction in the funding some projects get an increase in tuition fees show the need for strategic planning in a dynamic financial economy. Strategic planning is therefore important if the university or other education facility is to fulfill the point of its existence. For universities and nonprofit organization alike, the need for strategic ...
According to Josh Mitchell, the weak job market has caught some Americans forcing them to line up for the low-cost student loan not for educational needs that would boost their prospects for employment, but to take advantage of the low-cost loans. It has been noted that many are enrolling in these colleges with little intention of getting a degree. Mitchell cites the example of the case of Ray Selent, 30 years, who was unemployed in 2012 and enrolled at Broward County Community College to pursue a degree in theater. This enrollment allowed him to apply for the loan that ...
Global Financial Crisis (2008)
Development and Effects of Global Financial Crisis (2008)
Gokay (2014) argues that the main trigger that caused the financial crisis of 2008 was the burst of the United States housing bubble that had reached its optimum in 2005-2006. During the last decade, the government had prompted banks to provide mortgages to people that were initially viewed as bad credit risks. The prices of the houses kept rising and this made lending institutions think that price trend would continue. They figured that if people were unable to keep up with the mortgage rates, their houses would ...
Over the last several years, Qatar has experienced significant continuous growth in the high real GDP. This has been characterized by an expansion of about 4.30% in the last quarter of 2013. These growth rates of GDP in Qatar occur through the reports made by the Qatar Statistics Authority. Since 2004, the GDP growth rate in Qatar has stagnated at 4.0% but in 2008, the rates went to a height of 14.4%. However, towards the end of the same year, the rates declined of -23.2%. These aspects have largely contributed to the growth of Qatari’s into one of ...
Phone Line 1: 101-332-2211
“The Elucidators” is a multi-purpose organization formed for the purpose of marshaling people with disabilities to discover their potential and engage in active politics. They research, identify, mobilize and create a database of all the people living with disabilities all over the United States for the purpose of aiding their campaigns to ascend to political power. The database so-created contains the disabled person’s name, gender, religion, country of origin, nature of the disability, political party affiliation and their desired political seat.
Alongside mobilizing disabled persons for political campaigns, they also plead ...
The banking sector is the defining industry of the modern era of the 21st century. The financial markets operate in order to attract and drag Foreign Direct Investment into the local market, and the national systems of the latest version of globalized world are operating as a set of corporations (Arnolda & Sikkab, 2001). They need to provide the companies with efficient market systems so that the businesses can create profit and healthy amount of return on investment as well. However, the Chinese have grown a fiscal order that is literally housing a well-organized productive capacity. The local productivity is ...
About the report
The core objective of this report is to analyze the financial performance of the four leading banking organizations operating in France, namely, Dexia SA, Credit Agricole SA, Societe Generale Group and Euler Hermes Group SA. For this purpose we will be analyzing the financial statements of all the above-named organization for the past four(4) yeas from 2010 to 2013 where we will be calculating the profitability ratios and risk ratios for each of them to compare their performance over the years.
These ratios carries great importance for all the stakeholders of the organization as they directly indicate the ...
Azur instituted a case against chase bank for acting contrary to the provisions of sections 1643 and 1666 of the United States and Varnek his ``personal assistant” .Chase bank failed to notice the fraudulent acts Varnek who acted as his assistant since 2007.In her capacity as the ``personal assistant” Varnek opened accounts on behalf of Azur, made purchases on his behalf and had access to his ``personal bills”
Varnek in the year 1999 started forging the signature of Azur so as to withdraw money from his account. A times, Varnek would purchase items online and use Azur’s account ...
Auditing - 2
Introduction: I was asked by the management of Cotton Company to perform an audit review on their current controls in sales and cash receipts and identify their strong controls in the existing system. Moreover, I was asked to provide a detail of the deficiencies in the internal controls and provide their recommendations.
Existing Controls in Sales and Cash Receipts:
Sales on store’s own billing:
The sales made in the Cotton Company are made on their own billing receipt instead of using the credit cards from the customers. Most of the sales of the Cotton Company is on ...
Enhancing customer experiences must be the aim of any technology deployment, while allowing capture of data and information in real time. The Music and Food Festival have immense opportunities for allowing technology deployment. Technologies like Bluetooth, QR Codes, and Wireless Networking, among others can be effectively deployed in the Music and Food Festival that is being planned, along with benefits to the main sponsor.
Bluetooth – Bluetooth offers an excellent wireless communication protocols at short distances and has ample bandwidth to carry data back and forth. Bluetooth hot spots in the festival venue can be deployed in a number of ...
CDH520- Sharmeen Sultana
As complex as the world of accounting is, so is the various accounting statements. Hence, it is of extreme importance to understand as what each accounting statement means and what purpose does it serve. Some of the basic accounting statements are discussed for your convenience:
General Ledger: These are the central repository of all the accounting information of a company that summarizes all the transaction held by the company. In simple words, it is a complete summarized record of all the accounting transactions so posted under the double-entry accounting system under which each accounting transaction affects two financial items, ...
The objective of this report is to understand the performance of various stocks ranging from different industry over a period of three weeks. The companies selected by us include:
- Apple Inc.
- Ebay Inc.
- Delta Airlines
- Coca-Cola Company
- Bank of America
- Wells Fargo
- Banco Santander
- JP Morgan
- Progressive Corp
The companies were selected as each one represented their industry significantly while the banking stocks were selected primarily because of recent growth in the banking sector amid the economic recovery in the United States. As ...
A sovereign wealth fund (SWF) is a government-owned investment fund that is done when there is a surplus in the balance of payment. The investment portfolio comprises of investment in financial assets such as equity or hedge funds, precious metals, stock and bonds. These funds are able to invest globally as well (Roubini, 2008). The SWF are funded by the profits that are received from foreign exchange reserves that are held by the State Bank of the country or the commodity exports. Total Assets under Management by the SWF has been increasing drastically over the last several years. The ...
In 2008, the world's beginning of the financial and economic crisis that emerged in the form of a strong reduction of the main economic indicators in most advanced economies, later grew into a global recession economy.
The emergence of the crisis is associated with a number of factors: the general cyclical economic development; overheating of the credit market and who appeared his consequence of the mortgage crisis; high commodity prices (including oil); overheating of the stock market.
The predecessor of the 2008 financial crisis was the US mortgage crisis, which in early 2007 affected the subprime mortgage. Second wave ...
Discussion and Conclusions of Analysis
Financial Ratios are often used to describe the different values of a stock. In the financial industry, there are different ratios that can be computed to determine how overvalued or undervalued a company presently is. One of the most commonly computed financial ratios is the P/E ratio (Price to Earnings). To compute for the P/E ratio, two variable values have to be available; the current and past share price (depends on the time horizon the analyst wants to compute for a particular stock), and the earnings per share . These two variable data can often be found on company disclosure ...
IRISH EQUITY LAW
IRISH EQUITY LAW
The Mareva injunction is a very powerful remedy which if improperly invoked will bring about an injustice, something that it was designed to prevent’
- Definition of Mareva Injunction:
A Mareva Injunction is defined “as an injunction which freezes a defendant’s assets, preventing their dissipation, and ensuring that they shall be available to the plaintiff, in the event that the plaintiff succeeds in the trial of action.”
In the case of Bank Mellat v Nikpour, the judge described Mareva injunction as “one of the law’s two nuclear weapons”. In O’Mahoney v Horgan O’ ...
Motivation is the process of making people do what they do not want to. Motivation is the invisible force that drives an employee or a person to work in such a way that they generate positive vibes of accomplishment and success if done in the correct way. There are several theories that explain the motivation of an employee and one important theory is equity theory of motivation. According to this theory, employees are motivated if they perceive the sense of equality as compared to others in the organization (Redmond). According to Gogia, “all the employees will compare their input ...
Profitability and efficiency are two important aspects for an entity, and an analyst would analyze these two aspects in order to analyze the loopholes of an entity. Financial Statement Analysis (FSA) is an important type of valuation that used by the analysts in order to analyze the level of efficacy of an organization (Blaug & Vane, 2003). FSA is termed as the analysis of the financial statement that usually associated with income statement, balance sheet, cash flow statement and changes in equity. All of these four elements are essential to analyze the main holes of the company. FSA merely used ...
Online identity theft
Online identity theft occurs when an unauthorized party acquires personal identifying data about someone such as credit card or bank account information through the internet and uses such information to commit fraud or other criminal activities. Factors that promotes online identity theft can be political, economic, social or technological in nature (Hedayati, 2012). Political factors include instability and civil wars that cause massive illegal immigration to other countries where immigrants steal identities in order to secure employment. Economic factors include unemployment and poverty that force people to engage in criminal acts. Social factors include the uninhibited communication within social ...
The concept of consumption is a major one in economics and is best explained as the end purchase of goods and services by individuals. A large number of economists and financial experts have lain before Americans that consumption behavior has a lot to do with economic growth for it constitutes 70% of GDP. Now this is subjected to debate for few experts have their own set of ideas about the economy whereas many others feel that inequality is responsible for the economic slump. If the most popular consumption theory, the Keynesian one is to be believed, it clearly states ...
Sports and Hospitality Event Management
The execution of the event began by holding meetings to generate the idea of the event. After the introductory activities of the group responsible for the event, the group began considering potential ideas to make the event a success. Most of the members agreed that the best ideas would be a games night, themed party night, trivia night, or a movie night. The group noted that the most important part of the event was task collection, organization, and continuous communication. However, in subsequent meeting the group considered two main events, a Sunday fun day or a bike ...
Investments have two aspects; returns and risks that determine their desirability to an investor. In that respect, analyzing the two is crucial, and several models have been advanced for the purpose of identifying most suitable portfolios. In addition, investor's preferences and risk profile determine their investments choices. Thus, a portfolio construction is based on the involved assets return and risk as well as the client’s risk profile. To demonstrate the process of portfolio construction in view of the clients’ profile, this report uses a case of a client with identified investments goals. The report uses a questionnaire to ...
In the following discussion which we sourced from credible resources, we believe that it was the advantages offered by SMSF as well as the legislative changes introduced by the Australian government that has increased the attractiveness of SMSF over the decade. Most importantly, it is the increased accessibility and attractiveness of the property investment through SMSF that has worked as the growth factor for SMSF. The latest survey relating to SMSF structure also suggest that during the recent years, more and more younger individuals have joined SMSF because of its flexible features to invest in real estate and allowance ...
The elongated report is a proposal to invest either in 401k or the Indexed Universal Life (IUL). Important to note that it was very important to discuss the issue as many Americans are just investing their annual contributions to the traditional 401k, juts because others are doing it. But is this the best option to consider always?
The report begins with statistical evidence comparing the performance of 401k and the IUL which gives a clear interpretation that the structure of IUL is itself investor-friendly and is association with features as S&P 500 Index, caps, floors and many others, make ...
Sample Report On A Proposal For Reducing College Fees With The University Of Maryland In Perspective
The University of Maryland is considered as one of the best public universities in the United States. However, the rising cost of tuition fees and other charges has placed public institutions in an awkward situation making it questionable if whether they can provide affordable and quality education in the face of the current economic hardships. Students, on the other hand, could not help but seek for various loans in order to make their way through college. For most families who are earning a median income, sending a single child in college would leave them financially ...
Investment is done on the basis of strong and effective analysis in particular and for that purpose, ratio analysis is an important tool. There are numerous tools that used specifically to analyze the effectiveness of a stock for the purpose of investment. The core theme of this paper is to select four different stocks and then analyze their financial position for the purpose of stock investment. The companies which have been selected for the same analysis are Microsoft Inc, Keurig Green Mountain, FedEx Corporation and Bank of America.
Microsoft Inc is an American based multinational corporation with its headquartering ...
1. Project summary
Request for proposal in reduction of tuition at UMBC (University of Maryland, Baltimore County)
The tuition fees at UMBC are exceptionally high and taxing to the students of this institution and their guardians. This high tuition and accommodation fees are alarming and discouraging to the students especially for those who cannot afford tuition and have to take out loans that leave them in massive debts. Proposals are needed to address and resolve this outstanding challenge.
2. Project description (technical proposal)
As shall be evinced by the following table the current cost of tuition in UMBC is becoming unsustainable to most students;
2. Project description (technical proposal)
As shall be evinced ...
Physical Design Considerations
In the setup of information given in the system, it is clear that the numbers of different relations mostly the one-to-many relationships are eight in number while some of them like the case of 2 are taken as the reference entities in this case and these are the cases of PB_vet and the PB_visit. This concept clearly shows that one-to-many relationship can be implemented in this database design to come up with an appropriate solution to solve the company’s problem.
The different types of processes involved in the database development with respect to the company is like the ...
ONEOK is a natural gas distribution company established during the year 1906 in Oklahoma. Today the company is one of the largest distributor of natural gas in USA. Following is the fundamentals of the company’s stock:
- Current Price: $64.36
- 52 Week Stock Range: 39.39- 65
- Market Capitalization: $13.28 Billion
- EPS: $1.37
- PE Ratio: 46.94
- Dividend Yield: 2.40%
NATIONAL GRID PLC:
National Grid Plc is a multinational electricity and gas company. The company is headquartered in London, United Kingdom and operates in USA and UK. Following is the fundamental of company’s stock:
- Current ...
a)History of Quantitative Easing:
Quantitative Easing, also known as Open market Operations is one of the conventional method of Credit Control which is followed by central/federal banks to stimulate economic growth and to circumvent the banking system. The history of this method credit control has two phases i.e pre 2007 and post 2007 period. (Parkin, 2011)
The very first use of Quantitative technique of Credit Control is attributed to Bank of Japan on March 19th , 2001. The Bank authorities before accepting this method, rejected the efficiency of QE method and rejected its use for monetary ...
- Thesis Statement
This paper gives a detailed and critical report of a live play: Storefront Church, a two-hour play which was casted to thrill the enthusiastic fans
- Storefront Church is a play which was written by John Patrick Shanley and published on 09th/06/2012 and directed by Joy Carlin and organized by the Susi Damilano and Bill English founded San Francisco Playhouse.
- It was played on 9th/01/2014 at the prestigious San Francisco Playhouse, San Francisco, C.A. after learning about the play through an online advert; I managed to acquire my ticket online.
- I was ...
It is the dream of every company to operate globally. This is usually achieved after successful dominance in the domestic market. The Emirates Islamic Bank has been operational in the UAE for a reasonable time and it has gotten to a point of willing to extend its operations in the United States. There are various reasons why the United States has been the first target country for expanding operations. These factors are political, legal, economic, and social-cultural prowess of the country.
The bank wishes to extend its Islamic banking system to the world’s most successful country as there ...
Visa and MasterCard Stop Servicing Russian Banks, Again
Two primary financial card service providers, VISA and MasterCard, has stop handling the transactions with two additional Russian Banks, SMP and Invest Capital Bank. Important to note, that, the credit card companies had earlier stopped working with two Russian Banks, Bank Rossiya and Sobinbank. All such actions by these card companies are the result of sanctions by White House. Both the companies in their statement announced that they will continue to their business with other banks and financial institutions in the country except for four sanctioned banks and added that the cardholders will still be able to use their ...
For the month of October
Determination of GST
- GST on cash sales
Total amount of sales = 11,980
GST is 10%
110% = 11,980
100% = 100/110 × 11,980
GST = 11,980 – 11,800 = 1,180
- GST on credit sales to H. Simpson
Total sales = 550
GST = 550 × 10110
Credit sales = 550 – 50 = 500
- GST on credit sales to N. Flanders
Total credit sales = 825
GST = 10110 × 825
Credit sales = 825 – 75 = 750
- GST on credit purchases from Duff Brewery
Total value = ...
In the past forty years, specific countries in East Asia have presented a sustained economic growth in comparison to others globally. These eight countries are Japan , Singapore, Hongkong, South Korea, Taiwan, Indonesia, Malaysia, and Thailand. They are referred to as the high performing Asian economies (HPAEs) because of their miraculous growth in the past several decades (World Bank, 1993). Macroeconomic stability is one of the factors that contribute to their success. According to the World Bank (1993), macroeconomic stability was defined as keeping inflation under control, managing external debt well, and resolving macroeconomic crises quickly. How such stability is ...
In this study, we are interested in using the statistical knowledge that we have acquired to make an analysis of the bank data. From the bank data, a sample of 50 observations as obtained randomly and at first the descriptive analysis was conducted. The descriptive analysis was conducted to examine he characteristics of the sample obtained from the bank data, a confidence interval of each of the mean in the variables age, balance and the transaction were obtained and conclusion drawn from them. The regression analysis was also conducted to determine the relationship between the dependent variable and the ...
Analysis of Changes in Earned Income Tax Credit and American Opportunity Tax Credit
Chief of Staff McDermott
The U.S. economy has been slowly recovering from the the recession it faced in the recent past years. A number of factors, both economic and political, have caused this. With reference to this, several arguments have been raised in proposal to the best way of solving the economic downfalls. Policy makers have even had some members propose of immediate ways of solving the economic unrest. This among other raised the decision of the policy makers to reconsider either increasing the generosity of the Earned Income Tax Credit (EITC) for the childless or ending the American ...
1. What are the main business activities of the selected company?
Rosneft is the leader of the petroleum industry in Russia and is the world’s largest publicly traded oil company. Its worldwide business operations include upstream offshore projects, exploration and production of hydrocarbon, refining of crude oil and hydrocarbon, and gas and product marketing. 2. Examine its Balance Sheet. Make a list of different accounts of Assets, distinguishing between Current and Non-Current (Tangible and Intangible), and Liabilities, distinguishing between Current and Long-Term Liabilities.
The current asset accounts of Rosneft include cash and cash equivalents, restricted cash, other short – ...
The introduction of banks replaced the traditional method of storing money. During the Stone Age period, human beings stored their possessions in caves and caverns. An ancient Chinese legend talked of a dragon which was the kept by villagers to guard their treasure. The banking industry replaced the need for hiring animals and soldiers to guard their possessions. The advent of banking replaced the barter trade and signaled the demise of the traditional method of keeping money. The conventional banking system was first developed in England. Banks kept equal an equivalent amount of gold or platinum with the amount ...
Welfare fraud and abuse involves the use of vast amounts of the federal money for various activities and programs without accounting for the value attached to those amounts of money. The transactions and programs where the money of taxpayers are channeled led to many cases of fraud and abuse of such funds by the responsible agencies and administrators. The money and funds used in the government grants and subsidy programs are subject to fraud and abuse. The people responsible for handling and management of such funds ending up misusing and abusing the money by channeling to their personal activities ...
BUSINESS REPORT: THE AUSTRALIAN ECONOMY
China is currently the second largest economy in the world which has witnessed massive economic growth in the last decade, however, the rate f economic growth in the country has gone down in the last two years and this has had direct effect on other countries such as Australia. This paper aims to show how the economic slowdown of China has affected Australia. The paper also aims to show how ten Reserve Bank of Australia uses interest rates to stimulate economic growth and finally, the paper aims to explore some of the policies that the new Australian Labor government ...
The recent financial and banking crisis in UK can be traced to five years back (2007/2008). However, the root causes of the problem could be traced to the 1970s and the 1980 when the US and UK governments when UK and US deregulated their financial markets. The relaxation of the existing financial regulations enabled financial institutions to raise money from different areas of the world. This enabled the rapid growth of financial service businesses to levels that had not been witnessed before. However, the net effect of liberalizing the credit market was the massive expansion of personal ...
Section A: Range of servicesBarclays Bank
Barclays Bank offers the following services; Current accounts, savings account, mortgages, property insurance, health insurance, credit cards and internet banking (Barclays Bank, 2012). However, the bank does not offer consumer banking, corporate banking, wealth management, investment banking, international banking, and personal banking.
TSB Bank offers the following range of services; current account, internet banking, savings account, credit card, loan and mortgage (Lloyds Bank, 2012). This bank fails to offer the following services; consumer banking, corporate banking, wealth management, investment banking, international banking, and personal banking.
This bank has the following services on offer; credit cards, consumer banking, ...
Bankers’ bonuses have created a lot of controversy in the financial institutions over the recent past. Issuance of bonuses to bankers can have a significant effect on the financial institution. As a result, most financial institutions have adopted the method of issuing bonuses to their staff members in the aim of adding profit and improving employees’ performance. Different ideas have been presented determining the efficiency of bonuses to bankers, and if they, effectively, work in the financial institutions. Financial institutions are, usually, sensitive in making profits and losses. It is based on this logic that the top management cadre ...
Water is undoubtedly one of the most abundant elements on our planet. It is present in all areas of the world either as liquid, solid or gas. It does not diminish the fact, however, that fresh water is relatively rare, and its shortage in certain areas may have long-lasting negative economic, social and ecological consequences. Human body may survive without food for up to sixty days, yet absence of water may lead to death from dehydration within 6 days, in certain arid and hot areas – within just 2 days, and lack of peoper drinking water may lead ...
The budget deficit recorded in the United States budget for fiscal year 2013 was $680 billion. However, this deficit was experienced due to the fact that the estimated outlays were over and above the expected receipts to be accrued by the government. Consequently, this was the smallest budget deficit recorded in the US budget since 2008. Hence, this would be a sign of a reduced deficit in the future budgets. As the person in charge of government budgeting I would undertake various measures which would help to reduce the budget deficit. To begin with, the deficit is caused by ...
The article by Jose Pagliery reports on the changing fortunes at Hewlett-Packard in the last quarter of the financial year. In the financial year ending, Hewlett-Packard finished with a very strong fiscal quarter marked by an increase in its shares. This remarkable increase was reported at 6%. This was higher than the specialists in Wall Street had expected with the revenue generated soaring above twenty nine billion dollars. This had a cascading effect on the share price index, with the prices beating specialist expectations. The technology company reported earnings of above one dollar (1.01) for every share for its ...
The rocks beneath have rich deposits of oil and gases that can be purified to supplement the energy requirements. Several researches are done to establish the sites with considerable quantities of oil or gas and sometimes the presence of both. Once this is established, a number of factors are considered in the underground environment to establish the safety precautions and the nature of the extraction procedure to be used. The principle behind oil and gas extraction relies on the accumulation of pressure in the underlying rocks. The processes are divided into three basic extraction levels, primary, secondary and enhanced ...
Business can be of organization or corporation entity which is engaged in any of the activities such as commercial, industrialized as well as professional. The primary goal of the business is to generate revenue in exchange of goods and services. We intend to start the Soft Drink manufacturing company with the name of S&U firm in the City of London. The business that we are willing to commence is actually a soft drink that we are going to manufacture. While, there are three ownership types of business such as sole proprietorship, partnership ...
Ardian is the premium private investment company that was adopted from AXA Private Equity. It is the biggest global leader in the investment sector and provides worldwide clients with a variety of investment options (Ardian, 2013). Established on its sponsorship programs, Adrian has created its own endowment fund to finance projects such as education, culture and social entrepreneurship in France. Adrian has a project of over 100,000 euros with Cass’s research center to offer student scholarships. Ardian is currently working with CLS, a company that provides satellites for environmental monitoring and tracking. Ardian bought its CLS shares ...
The ubiquitous computers use as well as other electronic devises is essentially creating a swiftly rising wave of firsthand as well as stored digital information. Roughly, 90 percent of the corporate information presently is in digital form. Corporations produce nearly 17.5 trillion documents that are in electronic form in every year. The additional types of electronic data come from online banking, internet-based electronic data, and stock trading among others. The information risks that are related with these data are numerous due to the rapid increase in online crimes and especially computer and credit card crimes.
The methods of collecting ...