Essays on Canadian Dollar

Answer a.)

According to the balance sheet of Clearwater Seafoods from the audited financial statement of 2015, the current asset is 211,237,000 Canadian Dollar, and Current liabilities are 167,631,000 Canadian Dollar in the year 2015. The calculation of liquidity is carried out as below.

Calculation of Liquidity

Figures in thousands,

Observation:

It was found that both the current ratio and quick ratios decreased from the preceding year showing that the liquidity of the company has declined from the previous year. Also, it can be seen that the current ratio is less than 1.5 in the year 2015. In a similar way, ...

Report of Hudson’s Bay Company

A #:

Introduction

Founded in 1670 in Canada, Hudson Bay Company (HBC) is the oldest firm in North America, operating in the retail segment across Canada, United States, Germany or Belgium (HBC official website, n.d.). With a long tradition in the fur market, the company adapted to socio-dynamic changes that marked clients’ loss of interest in fur, and adjusted to more modern requests, entering the general retailing business, currently operating in luxury fashion, after acquiring brands such as SAKS Fifth Avenue, Lord & Taylor, but also owning department store (GAMERIA Kaufhof, Galeria INNO, Sportarena), off-price stores (Designer Depot) or furniture, appliances ...

Question 1

Sources of the problem facing Wight Despite Wright comprehend and being clear on his mandate as the Clearwater Seafood’s Chief Financial Officer (CFO) he had faced several challenges. As CFO, he was required to determine the best way to incorporate company’s foreign exchange risk management program into the overall growth strategy of the firm. The company has been benefiting from a weak Canadian dollar. However, strengthening of the Canadian dollar has become a source of the problem that Wight is facing. According to the article, as the Canadian dollar falls, the company’s foreign exchange risk management ...

1. How does Monetary Policy Affect the Economy? Monetary policy is a strategy by which a monetary authority of a given state or country formulates with intent to regulate the supply of money in the country targeting stabilization of interest rates to ensure general trust in the currency (Poloz 10). Monetary policies serve to stimulate the economic growth in various dimensions as a long run way to control inflation. These policies affect the primary business when they are executed by the stipulated standard modules used in the policy analysis. When the central bank lowers interest, households and firms adjust ...