Taxes Reports Samples For Students

INTRODUCTION

Lee Byung-Chull established Samsung in 1938. The Samsung group started as a trading company centered in Su-dong. At the beginning, it acted as a grocery in the city. In 1947, it expanded its services to Seoul but moved after declaration of the Korean War. The founder ventured into the textile industry in Korea. In 1960, Samsung penetrated in the telecommunications hardware industry. Later on, the company started to produce Telecommunications equipment, semiconductors and home appliances. Since then, it has expanded its services to more than 68 countries and it has more than 285 operations across the globe. The company’ Continue reading...

The prime mantra of this paper is to exploit both the concept of cost and revenue models on the given companies whose nature of business are identical. There are two hypothetical based companies that have been selected for the execution of the same analysis. The underline companies are denoted by Company X and Company Y. They both have dissimilar pricing policies with one another. The entire assignment is divided into different headings that are mainly based on the Introduction, Analytical Framework, and the Conclusion.

Analytical Framework

Brand Y “lit” pricing/sales history
There are a number of tools and models that have Continue reading...

Introduction:

Waiver schemes and the family waivers have been proposed by many states in the country, with each having various schemes to accommodate all those who are in need of help and support. There have been a lot of schemes by the department like the scheme for supporting military families with all their medical expenses, providing them with jobs in the health department, offering them support system in terms of medlineplus schemes etc. Many more such ventures by the public health department have made them unique in the whole world. (U.S. Department of Health and Human Services, 2012)
A family Continue reading...

The reason for difference in Net Profit from Operations in the Income Statement and Cash Flow from Operations in Cash Flow Statement is because, both the financial statement follows different accounting principle. While the Net Income of the company is calculated by following accrual basis of accounting, the CFO is calculated by strictly following cash basis of accounting. In other words, if the revenue from a unit sold during December is expected to be received in January, the income statement will record revenue in December itself while no such entry would be posted in Cash flow from Operations. Hence, Continue reading...

President’s Sense of SOU

President Barack Obama delivered the State of Union address on 28th January 2014. Obama’s sense of the SOU was to highlight some aspects that currently exist in the country. He focused on letting American citizens understand that he is aware of the issues that need to be addressed by his government. Outlining the formulated strategies to solve the prevailing challenges in the country is essential for any democratic leadership. Barack Obama pledged to address the emerging issues such as raising the minimum wage to encourage saving in the American households. State of Union helps to give a nation Continue reading...

An Australian company opening an independent clothing company in Indonesia

Introduction: I was asked by the management of the company to represent the report on the proposal of opening the new clothing company in Indonesia. This report covers some main and vital issues to be considered before making any decision.

Report:

Financial Risks in Indonesia: Investments in Indonesia will bring a higher rate of financial risks as compared to any other developed country such as China or Japan. The reasons behind this financial risk are the inflation rate, level of corruption and the shortage of required labor. Opening of an independent clothing company in Indonesia will be required to have Continue reading...

Executive Summary

Marketing planning provides a guide for a business’ marketing operations outlining the action plan with strategies that are based on well analyzed market and business products. In that respect, this plan presents a marketing plan for Himalaya Shampoo that operates in India providing hair care shampoo products. The Business has been identified to have suitable resources, structure and management to enhance competitiveness in addition to having opportunities that draw from positive external environment. In that respect, the business target market is selected to include low income group and a high income group that is to be served with two Continue reading...

Introduction

The report is prepared with the objective of conducting the financial analysis of Domino Pizza Enterprise Ltd that is listed on Australia Stock Exchange under the ticker symbol of ‘DMP. The report carries great significance for us to attain the knowledge of financial analysis and how the financial ratios and other multiples can affect our investment decision relating to a company. To simplify the analysis and to facilitate the reader, we divided the report in multiple sections relating to ratios, intrinsic value calculation and calculation of cost of capital.

i)Liquidity Ratios:
i)Current Ratio: Current Assets/ Current Liabilities
Continue reading...

Section 1:

Cash Flow Statement
*Refer to excel sheet for all the calculations
**We have started Cash Flow with operating income as even with net income we had to add back items to reach at operating income only.

Importance of Cash Flow Statement

Unlike other financial statements, Cash Flow Statement details the position of cash in the company. While both the income statement and Balance Sheet are made on accrual basis, Cash Flow is made on cash basis of accounting. In this way, Cash Flow Statement provides a detailed and an in-depth overview of cash inflows and outflows from the company. Below discussed is some other Continue reading...

Profitability and Credit Risk Analysis: Apple Inc. and Owen Cornings Inc.

The report is based on conducting an in depth analysis of the profitability and credit risk of the two US based public listed companies, Apple Inc. and Owens Coming. For the purpose of conducting profitability analysis we will be having an overlook of how the company reaches to its bottom line profits and what income and expenses are deemed to reach at that figure. In addition, we will be analyzing multiples such ROE(including Dupont), operating margins, etc. for each company . On the other hand, as for credit Continue reading...

Using the following imaginary company data the differing effects using LIFO vis-à-vis FIFO will be shown and explained. Assume a physical count determined 20 units in ending inventory.
The first-in-first-out (FIFO) method assumes that the first units purchased are the first unit sold and to be expensed to cost of goods sold (COGS); therefore, the units remaining in ending inventory (EI) are comprised of the latest units to be purchased. The last-in-first-out (LIFO) method assumes the latest units purchased are the first units to be sold and to be expensed to COGS; therefore, the units remaining in EI Continue reading...

Global warming is the average scale rise in the earth’s temperatures. It also means the increase of temperatures of the air, land surface and the ocean. The oceans stores the energy produced by global warming leading to increased temperatures in it and also melting the ice leading to rising above sea level. The global sea surface and air temperatures have risen by 0.8 0C since the early twentieth-century making humans get worried about their future. The greatest cause of global warming is from carbon emission due to human activities. The effects of global warming are devastating such as Continue reading...

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, Continue reading...

Valuation Method: FCFF Model

In this section, we will now compute the intrinsic valuation of Air Canada using Discounted Cash Flow Valuation using FCFF method. Referring to the annual report of the company for the latest years, 2011, 2012 and 2013, we found that the company had never paid dividend, hence, it was clear that we cannot go ahead with dividend payments to value the firm. Moreover, FCFF valuation is suitable for firm-wide valuation which is the very essence of our report. Here are some of the rations as why we selected FCFF for valuation of the firm:
- As discussed above, Air Continue reading...

The data analysis to be conducted in this paper will mainly involve using data from the yearly government finance in Palestine for 2010-2013. The data set contains the revenues and expenses of the Palestinian government. It also contains data on transactions in nonfinancial assets, net acquisition of financial assets and net incurrence of financial liability. The aim or conducting the data analysis is study the relationship between the revenue received by the government and the expenses it undergoes. The variables selected for the analysis are taxes and compensation of employees. The main hypothesis of the study is that an Continue reading...

Introduction

Sea side piers are common architectural structures in Britain. In fact, Britain boasts sixty one piers along its coastline. Most of these piers have long standing histories as many were constructed in the nineteenth century. Most of them have at one point been brought to near ruin by forces of nature such as storms in the sea. Given the significance they hold and the relatively expensive cost of reconstruction, local authorities under whose jurisdiction these piers fall will always have difficulties determining whether or not to invest the limited resources in their reconstruction. Two of the most iconic piers Continue reading...

- Introduction
For a long time, the piers at Eastbourne and the one at Brighton have been sea landmarks that have characterized Britain’s coastline. However, the two landmarks have been battered by storms and gutted down in a fire. On the thirtieth of July in 2014, the Eastbourne pier was gutted by a fire that reduced the once historic structure to shells. The Brighton pier has also had its share of problems. In February of 2014, part of the structure collapsed and fell into the sea after a big storm hit the sores.
Some of the main supports Continue reading...

Risks

There are plenty of risks that are associated with the output from family dollar organization. In terms of delivering profitable sale growth, the following are some of the acute setbacks that the organization faced. Persistent fiscal issues affected the normal profit range that the company always achieves, this led to acute losses in the gross output of the company total income. The increase in the payroll tax was also another setback that was attached to the company. This brought about plenty of insignificance through cutting down on the total amount of the realizable profits for the company. Tax refund Continue reading...

Introduction

Kindred Healthcare Inc. is a company that provides healthcare services through its transitional care hospitals, rehabilitation hospitals and assisted living facilities, among other healthcare services across the United States. This paper gives a detailed financial and operating analysis of the company to assess its liquidity, profitability, operating efficiency, as well as solvency.
1. RATIO ANALSYS
a) Liquidity ratios
The current ratio of Kindred Healthcare for the year 2013 was 1.510 implying that it had adequate current assets to repay its current liabilities. Although this value is less that the ideal 2:1, the organization’s liquidity is strong. The ratio Continue reading...

Part 2:

Introduction
The Capital Structure Propositions proposed by Nobel Laureates, Franco Modigliani and Merton Miller has a significant relevance even in the modern day financial theory. The propositions proposed by them are popularly known as MM Propositions which they proved under restrictive set of assumptions to counter the traditional approach of capital theory which states that there is always an optimum mix of capital structure for a firm that assists in attaining maximum value for it. The difference in the traditional approach and MM Propositions will be discussed in detail in the succeeding sections, while now we will explain the Continue reading...

Survey Analysis

Survey Analysis

Introduction

For some time now, students of _________ (ADMC) have been complaining about the insufficient parking space inside the campus. Because of the seeming lack of spots to park, a parking jam ensues wherein the students are forced to wait for a few minutes in order to find an available parking space. This scenario can be very frustrating for the students especially when they are running late for a class.
There are many reasons to why the parking space of ADMC is not enough for the student population. In this study, the researcher wishes to discover what the Continue reading...

Demand refers to the quantity of a commodity a consumer is willing to purchase under different conditions. The demand for a commodity depends on a number of factors like the price of the commodity, income of the consumer, the price of substitute commodities, the price of complements, the preference for the good by the consumers, fashion trends, seasonality, and such others. Therefore, the demand function can be written as:
QD = F(P, Y, PS, PC, T, O)

Where, QD: Quantity demanded

P: Price of the commodity
PS: Price of the Substitute commodity
PC: Price of the complementary commodity
T: Consumers’ tastes and preferences
Continue reading...

Business Law

Introduction
Understanding the legal and ethical framework underpinning the operation of businesses is a prerequisite for engaging in activities and practices that are legally compliant. Most of the dilemmas facing business individuals and organizations stem from the lack of understanding and failure to adhere to the laws. Notably, laws specify what is legally permissible in the corporate society and as well stipulates the consequences that may follow in the event of engaging in non-compliant activities. Moreover, it is important to underscore that laws are never static. They can change from time to time and it is upon the business Continue reading...

Analysis of Financial Statements

Financial Analysis Statement
Report
Introduction: I was asked by the directors of Universal Health Services to write a report on the analysis of financial statements for the last three years to identify the elements which are affecting the internal cash health of the business. The followings are my findings and recommendation.
The financial health of the business depends on the historical financial data of the business. It is the responsibility of the CFO of any listed company to identify important financial signals and reports to the higher management in timely manners for the proper planning. It is in a Continue reading...

- Investment analysis of the Emirate Airline
- The University
- [Instructor’s Name here]
- Table of Contents
- Financial highlights analyses, 2010-2014 .. 02
- Horizontal analyses 02
- Vertical analyses 04
- SWOT analysis .. 04
- Cash flow analyses, 2010-2014 . 06
- Cash flow statements analyses 06
- Profitability position 08
- Liquidity position 08

Horizontal analyses
The four-year revenue growth of Emirates Airlines was 90.4 percent, or an average annual growth of 22.5 percent. This growth performance is moderately high and impressive for a company in the airline industry, an industry reputed for its low Continue reading...

A merger in the simplest and most basic sense refers to the aspect where two or more independent business entities combine together to form a single venture. There are several reasons that lead or make firm and companies to merge and form single entities. One of the most common reasons is for the companies to merge so that they could increase they market share and power, so that they would increase their monopoly and strength in the market. In other instances, firm merge so that they could evade the rigorous tax regimes and systems that would, on the contrary, Continue reading...

Question 1

The factor that would be interesting to an investor is the decline in revenue. The management of the company has reported a decline in revenue from the year 2012, resulting from a contraction in the overall PC market as well as competitive pricing pressures. These causes negatively impacted the performance of the company’s major segments. The factor would be interesting to the investor since the primary objective of investors is to maximise their returns. A decline in revenues indicates that the business is experiencing challenges that if not addressed, may have an adverse effect of the future profitability Continue reading...

Based on the research conducted on the various models of organization available to the company and in light of the current position the company stands in, it is the suggestion of this memorandum to change the company type to an S-Corporation. The foremost reason for suggesting a change to an S-Corporation is tax rebates. The company currently expects to make 600,000 dollars this year, in which case a tax of 35% on profits would need to be paid before the money came into the hands of shareholders who would then have to pay income tax on money earned Continue reading...

Introductory Scenario

Management of investment and portfolio is more than essential for an organization as well as for the individuals, as it is the only thing that enables them to bring both financial and non financial effectiveness to them. There are certain models that specifically used for the purpose of financial analysis and forecasting, and effective compliance is essential from their side (Hendry & Ericsson, 2001).
Investors and shareholders always concerned with the financial position of the organization, along with its current share movements. The share movements would then be subjected to the enhancement of effectiveness for them. Shareholders are usually known Continue reading...

Sports and Hospitality Event Management

Executive Summary
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 Continue reading...

Introduction

The trade-off between risk and return is an always been a concerned for the analysts and researchers and the concepts related to the same are extremely effective and essential. Financial Management is one of the largest fields which have different dominating options embedded in it. Financial Management is a combination of two things that are managing and finance. It means that the management of the financial function is more than essential and effective for the sake of the organization (Elton, Gruber, Brown & Goetzmann, n.d.).
The concept of risk and return has number of aspects as well in which different Continue reading...

FC of T v Consolidated Fertilizers Limited (1991)
The federal Commissioner of taxation entered a case he sued and filed for legal action against the Consolidated Fertilizers Limited (1991) due to taxation matters and related issues. According to the Federal Commissioner of Taxation, there were reasonable grounds and sufficient empirical evidence to warrant for the takeover of the Consolidated Fertilizers Limited in the year 1991. Thus, it filed a case at the court. The directors of Consolidated Fertilizers Limited (1991, felt that the intended and the proposed takeover by the Federal commissioner of taxation was not in the best Continue reading...

- Difference between cash balance and profit
Lily runs a flower arranging business but is unaware of the accounting and finance aspects of it. Her friend has prepared the financial statements for her, and she would like to know it in detail. From the information given, it is seen that Lily has enough cash on hand. Hence she supplies the services on credit and makes payment in cash. She is also planning to purchase a vehicle and make the payments in cash. The source of additional cash is given which is an inheritance of money. Hence, she has decided Continue reading...

Executive Summary:

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 Continue reading...

Summary

The paper focus on shading light to the basic aspect of the advertisement and how this helps in shaping the sales of items in the market. Advertisement serves as an important aspect in communicating important issues to clients and customers. The main points highlighted in the article are;
First, the future of advertisement is given a key priority. Through this, various mediums of advertisement are highlighted such as Televisions, print, radio and online platform among others. This gives a keen insight on the fact that these platforms are interconnected to create a medium that perfectly delivers the sales to Continue reading...

Abstract:

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 Continue reading...

[Class Title]

Executive Summary
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 Continue reading...

About the Report:

The report is based on financial and fundamental analysis of four leading supermarket companies, i.e. Wal-Mart, Sainsbury, TESCO Plc and Kroger. Important to note, that, the conclusion at the end will be based on the individual analysis of each company and not by comparing them.

Wal-Mart:

Wal-Mart is the most renowned supermarket chain in the world and is also the world’s largest corporation providing employment to over two million employees. Founded in the year 1962, the company is still run as a family business with Walton family holding over 50% share in Wal-Mart through their holding company, Walton Enterprises. Continue reading...

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)

A. Introduction

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)

A. Introduction

As shall be evinced Continue reading...

Income Statement:

The income statement reports the revenue and expenses of the firm over a period of time. The income statement is sometimes refered to as the statement of operations or Profit and Loss Statement. The income statement relies on the equation:

In other words, Income Statement serves the purpose of providing the investors and other users of financial statements with most appropriate profitability of the entity net of expenses incurred by the company. In an elaborated manner, income statement helps an investor to assess as how the business has performed by giving a summary of how the business incurs its Continue reading...