Solvency Research Papers Samples For Students

Conventional versus Islamic

Y M

Fin399-P

Dr. N E
Abstract:
The current paper relates financial analysis of commercial and Islamic banks in UAE. The aim of this paper is to evaluate financial performance of commercial and Islamic banks in UAE and make appropriate conclusions regarding comparative advantages and disadvantages of the two groups of the banks. The evaluation between commercial and Islamic banks was carried out with the help of financial analysis. Analysis of financial ratios was used as the main technique of financial analysis in this paper. There were four groups of financial ratios analyzed, namely: liquidity ratios, solvency ratios, ...

Part (1)

Dow Chemical Company is an American company that has headquarters in Midland, Michigan. The company provides chemical, agricultural, and plastic products. The company operates in more than 180 countries. Its products and services include food, transportation, medicine, health, personal care, and construction. The competitors of the company are:

BASF SE

Exxon Mobil Corporation
Bayer Ag
Total SA
Shell Chemicals Ltd.
Dow enjoys a strong position in the chemical industry due to its high revenue generated in 2014. Dow is making efforts to develop crop protection solutions and market plant biotechnology to provide sustainable food system to the world’s population. The ...

Social security is an agenda which is run by many governments in the world that encompasses the unemployed, the old age, the disabled, and the insurance survivors. In the United States, social security programs are maintained by the federal government. Beneficiaries pay compulsory monthly or annual payments, in their active years of service, through employee or employer groups. It can also be defined as the provision to the public with economic and social support through pensions or other financial aids (U.S. Department Of The Treasury). In the case of social security retirement income, which is received by beneficiaries after ...

Company description

Dunkin Brands Group is a Delaware corporation dealing in the business of ice creams, baked goods, bagels, muffins, breakfast sandwiches, and hot and cold coffee, among other products. It franchises quick service restaurants all over the world. The company was founded in 1989 when Allied Domeeq Quick Service Restaurants acquired Baskin Robbins and Dunkin Donuts and organized the two firms under one name, Dunkin Brands Group, Inc. (Dunkinbrands.com, 2015). The company operated more than 18,800 distribution points in about 60 countries as at December 27, 2014 (Dunkinbrands.com, 2015). The company operates through its four segments; Dunkin Donuts-US, Baskin ...

Importance of Risk Capital to Bank of America

Bank of America maintains a portion of its capital as a buffer to cover for potential losses that are likely to arise from risky investments that are undertaken by the company. The amount of risk capital that the bank maintains is defined by the capital adequacy policies within the bank and the financial sector within the industry. As a corporate organization, Bank of America strives to deliver for its shareholders and improve their overall value in the company (Bank of America Corporation, 2016). They achieve this not only through the reliance on its operating income, but also investment income ...

Introduction

Throughout this discussion, we will analyze the history of life insurance companies, any major events which impacted the life insurance industry, including the Great Recession of 2007 which lasted for two years, rules or regulations proposed by Congress that govern the present operation of life insurance companies, including any changes of insurance laws, the current Presidential candidates plan on implementing for the life insurance industry and future expectations of the operational life insurance environment.

History

The life insurance industry began in the ancient city of Rome around 100 B.C. The Roman militant leader named Caius Marius, had created a certain ...

For the purpose of our analysis, we will be using the financial statemenst of Starbucks Incorproation while for accomodating peer review, we would analyze Mc Donalds. The concerned industry of both the companies is of Specialty Eateries.

Introduction:

Starbucks Incorporation is a well known premium coffee chain around the globe. The company is listed on New York Stock Exchange under the ticker symbol of ‘’SBUX’’. Starbucks Corporation operates around 60 countries around the globe and is known for niche prices in the coffee business. Apart from coffee, company also serves tea and other beverages.

Reason for choosing Starbucks Corporation:

Starbucks is a well established coffee brand and ...

STATEMENT ANALYSIS FOR NINTENDO

Statement Analysis for Nintendo Co Ltd
Introduction
This statement analysis outlines the Nintendo’s financial statements and highlights important information concerning Nintendo’s operating environment, products and services, competitive market, and the overall management structure. These relates the effects weaknesses and strengths of the firm to the company’s investment potential and credit worthiness. Findings from the analysis will be used to offer recommendations and advice on areas of weakness for the company.

Company Overview

Nintendo Co., Ltd designs, develops, manufactures, and sells equipment for home leisure. The company markets and manufactures software and hardware for home video game ...

Financial ratios are used in financial and managerial accounting in order to evaluate the effectiveness of business and the overall financial conditions. Further you will find analysis of liquidity, solvency and profitability ratios of Tootsie Roll Inc., based on their 2010 annual report.

Liquidity ratios

1. Current ratio = (current assets-prepaid expenses)/ current liabilities
For 2007, the current ratio of Tootsie Roll Inc. was 3.39 and it is slightly higher than standard level and average in this industry. Current ratio projects a company’s ability to pay off its debts and therefore, Tootsie Roll Inc. has enough resources to cover its ...

A quick overview over TD Canada Trust reveals that it is a small personal commercial bank based in Toronto Canada, offering a variety of financial services and products. At the moment, the company commands a client base of over 10 million customers through its more than 1100 branches and over 2600 Automated Teller Machines all over Canada (Darroch, 1999). It is undoubtedly one of the largest financial firms in Canada. As the strategy and performance analysis will reveal, TD Bank’s successful performance can largely be attributed to the managerial policies implemented by the bank’s top most leadership.
...

Answer A)

Revenue/Operating Expenses/Operating Income/Net Income Analysis:
Referring to the previous five year financial statements of the company from the year 2009-2013, the revenue of the company has increased consistently over the years from $197 Millin during 2009 to $419 Million during 2013. However, as displayed in the graph below, the trend in net income has been downside-up. The Net income of the company reduced significantly during 2009 -2011 from $82 Million (2009) to $53 Million (2011).
Interestingly, the reason for fall in net income during those years was significant increase in operating expenses. For Instance, during 2011, operating ...

The Industry environment

The liquidity ratios demonstrate the industrial environment of the firm because they reflect its ability to meet short-term obligations. They indicate the solvency of the company and will be analyzed using the fiscal year 2013 and 2012 respectively.

Liquidity ratios

- Quick ratio = (current Assets-Inventory) / current liabilities
= (31,304- 3,277)/ 27,811
=1.01
= (30,328- 3,264)/ 27,821
= 0.97
- Current ratio = Current assets ÷ Current liabilities
31,304/27,811 =1.13
30,328/27,821 =1.09
The quick ratio indicates the company is in a position to settle almost 100 percent ...

McDonald’s

The McDonald’s Corporation or how we all are used calling it simply “McDonald’s” has grown into a multinational company, the world’s largest chain of fast food restaurants serving millions of people daily in over 100 countries of the world. So it may be hard to imagine that this “giant” has grown out from a small barbecue restaurant opened by Richard and Maurice McDonald in 1940 in San Bernardino, California. Later in 1948 their business concept was reorganized into a hamburger selling place very much close to what we know it is now. And in 1955 the business was purchased ...

Introduction

The budget deficit and the amount of public debt is an important indicator of an economy. This area of concern has traditionally received much attention. The budget process involves the balancing of public revenues and expenditures. Budget imbalance means quantitative disparity between income and expenditure budget. The excess of expenditure over budget revenues is called the “budget deficit.” The unbalanced budget could lead to the emergence of a surplus, ie excess of income over the expenditure. However, in practice, almost all countries now, there is significant scope for excess government expenditure over income. The result is a rapid increase in budget ...

Introduction

In this course, Coca Cola Company operating in Beverage industry was chosen because it is listed in Dow Jones list of top 100. Its major competitor to be analyzed in this course is PepsiCo. In order to make a wiser investment decision regarding Coca Cola Company there is need for considering the financial analysis tools that will help in determining the overall financial health of the company. This will involve looking at the annual financial reporting data to calculate the ratios including liquidity ratios, solvency ratio and profitability ratio (Wahlen et al, 2015).

Profitability ratios

As can be shown from the ...

About the paper

The paper is commissioned to conduct financial analysis of Jaedan Industry. As part of this analysis, we will be calculating the free cash flow of the firm for the year 2010. In addition to this, we will also run the financial figures for the year 2009 and 2010 under the microscope of financial ratios to unearth the strengths and weaknesses in the firm’s organizational architecture.

Income Statement:

Balance Sheet
Cash Flow Statement
Calculating Jaedan’s Free Cash Flow
In order to calculate the free cash flow of the firm, we will be using the excerpts from the ...

ANALYSIS OF FORD AND GENERAL MOTORS

Introduction
General Motors underwent incorporation as a Delaware corporation in 2009.The company designs builds and sells automobiles and automobile parts world over. Also, the company through GM Financial provides automotive financing services.
Similarly, Ford Motor Company sells automobiles created and built by Henry Ford. The company, incorporated in Delaware in 1919, has its operations in six continents. Other than the production and sales of automobiles, it engages in the provision of financial services through Ford Motor Credit Company.

The process involves comparison of financial ratios of General Motors, Ford Company and the averages within the industry of operation. ...

1) Introduction
The report is commissioned to evaluate the investment potential of leading American courier service company, FedEx Corporation. As part of this report, we will be discussing the trends in the financial statements of the company, which will be followed by a comprehensive ratio analysis section where we will be putting the financial figures of past two years under the microscope of financial ratios. In order to widen the scope of our analysis, we will also compare the trends in the financial ratios with that of two leading competitors of the company, United Parcel Services (UPS) and Deutsche ...

Executive Summary

The report is based on financial analysis of American Express for the purpose of providing recommendation to the investors over stock purchase. We initiated the analysis process by conducting the horizontal analysis of the financial statements of the company where we found that although the increase in revenue figures and operating income were less than that in year 2012, but the company was successful in increasing its net income by 19.57% this year courtesy lower interest expenses and other expenses.
As for the ratio analysis, we found that over the year, the company has improved profitability and better ...

Analysis of Financial Ratios: Case of Macy’s Inc.

Macy’s Inc. has been selected for carrying financial analysis. The annual report for the year ending 2013 has been downloaded from the investor relations’ section of the company’s website . The extracts have been presented in the appendix A.

The literature related to ratio analysis has categorized ratios in five primary categories, namely activity ratios, liquidity ratios, solvency ratios, profitability ratios, and valuation ratios .
The financial ratios can be meaningfully interpreted using some benchmarks . These benchmarks can be intra-company comparison or inter-company comparison. For the purpose of this research, intra-company comparison of the financial ratios for the ...

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Key facts about Wal-Mart Inc.

The history of one of the largest corporation in the world –Wal-Mart – began in 1962 from the opening of the first store in Rogers, Arkansas. Now there are 11 thousand stores in 27 countries and the company keeps growing. Success story of Wal-Mart is definitely worth exploring, as at the present moment this company is the largest corporation in the USA and the second largest in the world according to Global Fortune 500 rating.
Motto of the company: “Save money. Live better.” expresses its values and strategies in the very best way. ...

Executive summary

Netflix is a one of the leading company in the entertainment industry. In 1997, Reed Hastings founded the company which began its operations by 1998 of renting and selling DVDs by mail. The company has grown to become leading online rental movie provider with a subscription base of over 10milllion. The company competitors include Blockbuster, Movie Gallery and Redbox among others. The company has included digital streaming to boost its revenue and market share so as to cope with the increasing competition. To sustain the large demand of online streaming movies the company has partnered with Samsung, LG electronics, CBS, Starz ...

Accounting Ratio Analysis of Abercrombie & Fitch Co

Introduction
Abercrombie & Fitch Co. is a company that was incorporated in 1996 in Delaware. The company operates various retail stores selling a wide array of products, including: graphic t-shorts, casual sportswear apparel, woven and jeans pants, sweaters, shorts, personal care products and accessories for women, men and kids. This paper calculates various accounting ratios from Abercrombie & Fitch Co. latest financial statements which were for the financial year ended 29th January 2012 to facilitate investment decision making.

Test of Liquidity

Current Ratio = Current Assets/ Current liabilities
= 1,488,775/705,353 = 2.11

The current ratio of 2.11 implies that the company can pay its maturing obligations using current assets 2.11 times.

Acid test Ratio = [Current Asset – Inventories]/Current Liabilities
= [1,488,775-569, ...

Introduction

Chubb Corporation (listed as Chubb), a 130 year old entity has been through many suns and shines. This company began operations in marine insurance sector in the US, has evolved today into a Fortune 500 company(Ranked 202, in 2013), listed on the NYSE since 1967 and been there ever since.
Chubb Corporation’s umbrella of subsidiaries spans the latitudinal lengths and longitudinal breadths of four continents, has more than 10,000 employees on its payroll. Further, the organisation is voluntarily supported by around 8500 insurance brokers and independent agents (IA), who make up the entire sales force. These huge ...

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Printed in the United States of America.

ISBN ...

Introduction: The Social Security Act has established a number of programs aimed at providing the material needs of families and individuals. It also aims to protect disabled persons and the aged against expenditures from illnesses that can drain their savings. The human services values of Social Security is to keep families bonded together, and allow the children to grow up healthy and financially secure (Organizational History, 2014). This paper outlines the history of the Social Security policies in the US, their effectiveness, the cost of Social Security services programs and SSA funding. This paper also explains about the future of ...

May27, 2014

Why a company with a 2 to 1 current ratio is turned down by a bank?
CA= Current assets (times)

Current liabilities

The current ratio measures the short term solvency or liquidity. The current ratio is basically checking the working capital of the company. The working capital ensures the organization is running efficiently, resulting in increase in profitability of the company and smooth cash flows. The normal current ratio is around 2:1 but this varies within different industries.
There are several other factors which affect the grant of loan by a bank, if they are not fulfilled it is possible that bank might ...

Introduction

Background and his family
Tokugawa Ieyasu was born in the year 1526 in Matsudaira Takechiyo. He was son of Lord Matsudaira Hirotada of province of Mikawa. During civil war which was a violent between territorials lords which lasted for almost a century. In the year 1550 his family split one side sought to be a vassals of Imagawa clan while the other side ought Oda clan. The murder of Matsudaira who was Ieyasu paternal grandfather was due to family hostility (BBC, 2013).
Oda clan invaded Mikawa in the year 1548. At the age of four he was sent as a hostage ...

Introduction

Boeing Company is renown as an American defense corporation, as well as, a multinational aerospace. The company was founded in the year 1916 by William E Boeing. Over the years, the company has expanded through mergers and acquisition. It is renowned as the best aerospace company in the world, based on its financial performance both financially and in the stock market. The company is made up of several subunits ranging from commercial service units for defense, technology among others. The company publishes its audited financial statements by the end of every accounting period. Similarly, the company issues various types of ...

Apple vs. Samsung: A Financial Perspective.
Apple vs. Samsung: A Financial Analysis.

Introduction

Apple Computer was established by Steve Jobs and Steve Wozniak in 1976 in Cupertino, California. In its early days it was primarily a personal computer manufacturer, producing and selling Macintosh and Power Mach’s. During late 90s it went through a huge financial stress as a company and under the leadership of Steve Jobs rebounded as an innovative company. It returned to the market in a grand way with the launch of its iPhone, IPad, iPod and iTunes portfolio. Apple has market revenue of $156 billion (2012) and market capitalization ...

Coca Cola is the number one beverage company in the world. The company, since its origin, has not only provided an incredible product but has continued growing over the years into a leader of innovation, social responsibility, and diversity. Let us begin with a brief background of this remarkable company. It all started in 1886 when a pharmacist by the name of John Pemberton whipped up a batch and took it down in Jacob’s pharmacy and began to sell the glass bottles at 5 cents a bottle. The drink was an instant hit and was given the name Coca Cola. By 1918, Coca ...

Introduction

The International House of Pancakes is a large company in the hospitality sector where its major operations are carried out through franchises. It is owned by the Dine Equity company which also owns other subsidiaries in the hospitality sector. Financial ratios are used by internal and external users to judge the financial health of the company.

Liquidity Ratios

Current Ratio (2010) = Current Assets = 325,720 = 1.68
Current Liabilities 193,353
(2009) = Current Assets = 337, 144 = 1.3

Current Liabilities 257, 967

Acid Test Ratio (2010)= (Current Assets- Inventory) = 325,720- 11,977 = 1.623
Current Liabilities
193,353
(2009) = (Current Assets- Inventory) = 337, ...