Essays on Equity

Introduction

In the modern business world, people are competing to ensure that their products are leading in the market. Market competition is getting dynamic with the entry of new producers in the market. Business brands that have been in the market for long has been able to set standards that new emerging businesses are finding difficult to cope with. Business competition is now taking new trends and traditional business methods are slowly fading away, with the entry of new market competitors and much business market shifting to the open market policy and monopolies’ slowly fading away, business competition is expected Continue reading...

Introduction

In the modern business world, people are competing to ensure that their products are leading in the market. Market competition is getting dynamic with the entry of new producers in the market. Business brands that have been in the market for long has been able to set standards that new emerging businesses are finding difficult to cope with. Business competition is now taking new trends and traditional business methods are slowly fading away, with the entry of new market competitors and much business market shifting to the open market policy and monopolies’ slowly fading away, business competition is expected Continue reading...

Business Ethics

INTRODUCTION:
Ethics is defined as the set of characteristics, patterns of doings and right or wrong conducts possessed by a human being. Ethics can easily be influenced by human behaviours and attitudes and can have an impact on the surroundings, and the places where the person belongs. It can be a workplace, home, school, institutes or any other place (Ferrell, Fraedrich, & Ferrell, 2011).
Ethics is an essential concept that shapes the human personality, culture, values, mind-sets and one’s perceptions. These traits directly influence the corporate culture in the long term and affect the well-being of an organization. When Continue reading...

Insurance company

As of February 14, 2014, U.S. insurance company AIG intended to cut 3% employees worldwide, according to Financial Times. On Thursday, the company announced that the severance pay for 1500 is $ 265 million, thus, AIG continues to reorganize its business.
As of April 10, 2014, AIG had some problems with underwriting profits, nevertheless, despite several problems in the past the company shows some improvements. Smart investors are focusing on the business and the actions of management: by making unpopular moves today, AIG is taking a long-term bet that a simplified, streamlined company down the road will be much more Continue reading...

I had the opportunity to take a family friend for lunch yesterday in exchange for an insightful discussion about the small business that she started, ran for a couple of years and sold. Below are the questions that I asked her, and a summary of what I learned from her answers.
Question 1: what made you decide to open your own business? What made you think you had what it takes to be able to do this?
The entrepreneur told me that it was her dream during her twenty five year corporate career to leave all the politics behind Continue reading...

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 expenses accounted Continue reading...

Thesis topic

‘Instructor’s Name’
‘Subject’
Will Governor Brown’s Local Control Funding Formula improve the ability of districts to meet student needs compared to the former system?

Brief Background and Aims of the Research

The current education system in California lacks transparency and is extremely complicated. All the participants, be it policymakers or parents, struggle to comprehend the current system, which offers different pupil per rate across various districts. There were many allegations that affluent schools ended up getting more per pupil rate than the other schools. To negate this inequity in the distribution of federal funds, Governor Brown in the year 2013-14 introduced the Local Control Continue reading...

Introduction

Inequality in education is cruel and unjust it persists and cuts deep along individual and community memories. In many occasions, it is not an issue of the past, lingers not only in Australia but the entire parts of the world (Ramsay, 2001). Modern education standards are critical in fulfilling this gap and providing equal opportunity for all learners in life. Education plays a crucial role in modeling the learners from different backgrounds in order to create tomorrow’s socially just society. The current generations of the learners are the society leaders of the future. Therefore, it is important for Continue reading...

Executive Summary

The strategic perspective of an organization, and the direction in which it moves helps determine the strategic position of the organization, as well as its market competitiveness, survival and growth. In the case of TESCO, being a multinational retailer, its performance and branding are closely associated (Hammond, 2008). Apart from providing consumers with a wide range of products under one roof and becoming a one stop shop for all domestic needs of the consumers, TESCO also is actively a part of several community programs and social development. Moreover, leadership in terms of quality and customer retention has been attained Continue reading...

Daktronics' Capital Structure Policy

Worksheet 5:
Current Debt-Equity Policy of the company:
Referring to the financial statements of the company, we came to know that since the company has not acquired any debt financing in its capital structure, the debt equity ratio has been zero(0) since 2010. Thus, although the company is trading without any financial risk, but since it is not using the available debt resources, it is letting go the advantages offered by debt financing in the form of tax shield. Thus, the treasurer should consider including debt financing as it will only add value to the company because of Continue reading...

Analysis of 10k of Dish Network and Direct TV

Executive Summary
Organizations have to work extremely hard to maintain their effectiveness in the market as it is something which induces them to work hard for the economic prosperity. Every company that worked under a specific industry always try to maximize its financial belongings and shareholder’s wealth, but is really important for them to mitigate the issues relating to it which certainly leads to higher economic prosperity.
Financial based competitiveness could be extremely important for the sake of an organization in particular. The main perspective of this assignment is to analyze the financial power of two different companies Continue reading...

Introduction

The health status of the American population has continuously been affected by disparities in healthcare distribution. While some populations have dominantly been able to access and acquire quality healthcare, other groups have been sidelined from accessing and acquiring such care. This has been caused majorly by individual and group factors which have at one instance or another affected the distribution, access, provision and acquisition of quality health care. Health disparity refers to the overall difference related to prevalence, incidence, mortality, disease burden as well as other unfavorable health determinants that exist unequally among individuals or populations. These factors are Continue reading...

The capital structure of the company refers to sources of financing which the company has employed to finance itself. The major sources of capital structure are Debt and Equity and for every firm, choosing the best proportion of each source and how it will satisfy the capital hunger of the entity, is a crucial decision.

Analyzing Capital Structure of Wal-Mart:

Referring to the financial statements of the company, we can conclude that the company is following Pecking Order Theory of capital structures as it relies heavily on retained earnings followed by debt financing and then equity financing.
As for the year 2012, the capital Continue reading...

[Professor’s name appears here]
[Date appears here]

The issue of adult literacy in Canada: An Introduction
The issue of adult literacy emerged on the Canadian public agenda, just before the 1988 federal election. For the first time in the Canadian history, the political parties respond positively to government initiatives to the literacy issue.
It should be noted that high rates of poor literacy amongst minorities, and disabled as well as the older people, are correlated to limited to these groups. Hence, those people with poor literacy are more probable than the others to become poor. As well, the Continue reading...

Accounting

Introduction
This whole essay is concentrated on the Hershey Company. This essay has been divided into five separate parts. In the first part of an essay, the discussion has been made regarding the Company’s introduction, its major line of operations, the major competitors of the Hershey Company, as well as the expected future growth of this Company. Second part is very important which includes the full discussion of the ratio analysis that has been used for evaluating the Company’s performance. In the third part of an essay, the auditor’s opinion made in the financial statements of Continue reading...

Aggressive Equity investors

Aggressive equity investors play their equity game both actively and vigorously. They spend most of their time and effort in managing their portfolio better than their conservative counterparts. The aggressive equity investors are inclined towards taking greater risks, although in a calculated manner, in order for them to earn superior rates of return. They seem to enjoy the pleasure and adventure of playing the equity game (Chandra, 2008). The following guidelines are relevant to for aggressive equity investors for investment decisions.
If equity investors wish to manage their investment well they should know that they should have knowledge of Continue reading...

Part 1. Right to Strike

Present arguments for Public Sector Collective bargaining
Lewin, Keefe, and Kochan (750) argue that collective bargaining in the public has been facing increasing criticism from the government for the past few years. The process where employees unite to negotiate with their employers for salaries and other benefits is argued to give the public sector an added advantage over their counterparts in the private sector. However, new evidence reveals that the public sector needs the collective bargaining more than ever. First, research reveals that the public sector workers make 4% lower compared to employees in the private sector (Budd 2006). Continue reading...

Virgin America

Abstract
This paper is on the topic of Virgin America and its organizational analysis. The first section of this paper will discuss the overview of Virgin America with its brief history. In addition, this section will cover organizational life cycle, products and services and Virgin America’s geographical market. The second section of this paper will discuss the external environment of Virgin America and the level of environmental uncertainty the organization faces. The following section will cover the organizational structure of Virgin America and the implications of their structure. The next section will discuss the organizational culture of the Continue reading...

Lehman Brothers Holdings Inc. was ranked as the fourth largest bank in the US before it declared bankruptcy in 2008. The company was dealing in investment banking, equity and fixed income-income sales and trading, research, investment management, private equity, and private banking. A significant number of clients withdrew their accounts from Lehman Brothers and the share price of the stocks fell at an exponential rate. Consequently, on September 15, 2008 the company filed for bankruptcy under Chapter 11. Lehman Brothers played a major role in the recession of the late 2000’s which drastically affected the entire country. The Continue reading...

Introduction

People engage themselves into employment in order to get compensation in monetary terms, and other benefits that come along with employment. Every organization aims at employing the most qualified employees creating a stiff competition in the corporate world. In addition, any employee would like to achieve higher levels of qualification in their careers in order to attract the attention of best paying companies. Human resource management is a global recognized part necessary in running of any organization. Compensation forms one of the most essential human resource tools used by companies in an effort to manage their employees. Compensation system Continue reading...

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 Continue reading...

Solvency Ratios:

These ratios indicate the long term solvency of the company, i.e., if the company will be able to honor its long term obligation. Furthermore, it also helps in understanding the capital structure of the company. Below discussed are the solvency ratios of Debenhams Inc:
i) Debt to Equity: Debt/ Equity
(Debenhams, 2013)
ii) Interest Coverage Ratio: Operating Earnings/ Interest Expense
iii) Debt to Capital Employed Ratio: Debt/ Capital Employed (Mckeith, Collins, 2013)
*Debt= Total Debt
*Capital Employed: Total Assets- Current Liabilities

Analysis:

The above analysis of the company using Solvency Ratios indicates that, over a year, the long term financial Continue reading...

__ April 2014

Summary:

- What the Paper is about
This study was done by four students from Department of International Business at Schulich School of Business (Bae et al., nd) to test how expropritaion incentives of controlling shareholders impact firm values during a financial crisis and the recovery period.
The results of the expropriation model ran for Asian firms for their 1997 crisis and Latin American firms for the 2001 Argentine economic crisis were aligned with the main hypothesis. The hypothesis called “expropriation hypothesis” posits that the value of firms with weaker corporate governance would significantly drop during a Continue reading...

INTRODUCTION

Since the Great Depression of 1929-30, the worst financial crisis was witnessed during the end of 2008. Numerous American and European banks declared going into loss by the end of 2007. Later, Lehman Brothers, the 158-year old investment bank went bankrupt; Merill Lynch, the investment bank and the stock-broking firm was taken over; Goldman Sacks and Morgan Stanley seek the status of bank to receive protection against bankruptcy. It was during the same week that the other four investment banks on the Wall Street collapsed.
The global financial crisis of 2008 was one of the most critical ones in Continue reading...

- What is brand resonance? Can every brand achieve resonance with its customers? Why or

Why not?

Brand resonance refers to the nature of the ultimate relationship and the level of
identification that the customer has with the brand. Particularly, brand resonance is significant for the brand. It includes the attachment with the brand, brand quality, engagement with the brand, and community of a particular brand user. Not every brand achieves resonance with its customers because of one possible reason, inefficient marketing activities. There are several reasons to be brought under consideration that not all brands achieve resonance with its customers; Continue reading...

Abstract

This paper is on the topic of how brand image influences customer loyalty and satisfaction in the Taipei Hotel industry. The first section of this paper will discuss the background study on this topic with the comprehensive analysis related to the topic. The second section of this paper will discuss the purpose of this study, rationale and research questions related the topic. The third section of this paper will describe the methodology used to answer these questions and limitations in this study. The final section of this paper is the action plan that will summarize all topics discussed in Continue reading...

i) Calculating cost of equity using CAPM Model:
Capital Asset Pricing Model, often abbreviated as ‘CAPM’, is the most fundamental concept in the investment theory of present time. This is an equilibrium model that predicts the expected return on a stock, given the expected return on the market, the stock’s beta-coefficient and the risk free rate. Considered from the borrower point of view, this model is used to calculate the cost of equity for the company using the following formula:
Cost of Equity= RFR+ Beta(Equity Risk Premium)

Below is the detailed explanation of cost of equity calculated for Tim Hortons Inc:

Risk Free Rate: This refers to rates being offered by Continue reading...

Various Operational Challenges Facing Emerson Electric Company

Introduction
Emerson Electric Company is one of the most inspirational American success stories. Emerson has managed to develop from a humble regional player in electric motor manufacturer and fan production into a highly dynamic multi-global acclaimed company. Notably, Emerson Electric Company has steadily increased technology and engineering techniques as the century progressed ensuring that it remained relevant while still realizing profits all through. Today, Emerson Electric Company has become a household name in delivering technological solutions to companies and homes in all over the world. After the release of financial records in the last fiscal quarter, analysts suggest there Continue reading...

AES is a leading independent supplier of electricity in the world with more than $33 billion in assets. Rob Venerus, the director of Corporate Analysis and Planning group was faced with a task of calculating the capital cost of the business. Many financial information and results were collected from subsidiaries in June 2003. The manager was obligated to develop a methodology to use the data to determine the costs of capital significantly in valuation and for capital budgeting. The group was created to solve the financial crisis, current and future strategic challenges.
The global economic instability had adverse effects Continue reading...

The business sector is one of the most challenging economical sectors in the global market. To be concise, the manufacturing sector is one of the most challenging business sectors the market. There are a lot of factors that are considered while making business decisions. These factors include, financial decisions such as cutting down on costs and improving sales.
The Foxconn Company is a company that deals with the Apple Company. The company manufactures i-pods and i-pads for the Apple Company and it works collaboratively with other leading technology firms. The company has been surrounded by multiple controversies concerning employee Continue reading...

Answer a)

Market is said to be efficient when the same amount of information is available to all investors at the same amount of time. In other words, an ‘Informational Efficient Market’ is said to be efficient Nobel Laureate, Eugene Fama was the strong proposer that the market is efficient, i.e. , since similar amount of information Is available to all the investors at same amount of time, all the stocks in the market are perfectly priced and no investor can beat the market returns.
However, whether the stock markets are efficient or not, the topic is still in debate despite of Continue reading...

Section 1

There are several advantages of choosing a finance officer to the chief executive officer position. To begin with is the knowledge of the business the finance officer has concerned the company. In addition to the financial knowledge of the business, the financial officer understands how it functions at the executive level. Having he grasp of the company's financial picture, this enables him to implement the financial recommendations from the chief executive officers' position than in the financial officers' position.
Secondly, the chief financial officer has the understanding of running a business in a cost effective manner. Has the knowledge Continue reading...

The purpose of this paper is to analyze alcohol abuse and its consequences. The reason why it is affecting the community is because it is a legal drug with dire consequences if abused. It is thus readily available among Canadian population. Alcohol statistics are also not widely publicized which further leads to more of its abuse. There is also not much as relates to policy limiting its abuse.
The greatest personal harm is caused by alcohol. This is why I consider it a community health issue. 10% of disease burden is brought about by alcohol as compared to 2% Continue reading...

[Author Name(s), First M. Last, Omit Titles and Degrees]
[Institutional Affiliation(s)]
[Include any grant/funding information and a complete correspondence address.]
In marketing, Positioning is a model that creates a framework for the business, and notifies the business about the strategies to be used to market the products or services to its customers. The product or service trademark identification is obtained through positioning, when the product comes into the market. Positioning requires that the business initially differentiates between a product and a service before launching them. Audience plays an important role in positioning, as the marketing teams create Continue reading...

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 Continue reading...

Business

Introduction
Renewable energy has been a talking point in the recent years with the dependence of carbon fuels increasing among countries. Other factors like the depletion of the ozone layer and long lasting health effects as a result of use of nuclear energy has led to the rise of the bio fuels industry as a suitable and dependable replacement for the other sources of fuel. Biomass industries in Germany are currently playing a very significant role in the production of energy and are predicted to very key contributors in the coming years. The industry is not only important as Continue reading...

Currency Hedging

Introduction
Currency risk is an intrinsic aspect in the foreign market. The enterprises that operate in this environment have a variety of derivative instruments that can be used in connection with these risks. Managing these risks requires enterprise wide coordination otherwise; these international exposures will affect the value of the currency. Therefore, global equity portfolio managers have resulted in a variety of methods to currency hedging to manage the uncertainties in the foreign market. This is so because currency hedging reduces the financial risk, which occurs in the foreign market. Therefore, the paper will evaluate the currency hedging and Continue reading...

Financial ratios are one of the tools that are applied in financial analysis. This is because they help an analyst in creating the overall image of an organization. This is achieved since the ratios provide insight on various aspects of the organization that includes profitability, cash flow ratios, debt ratios and profitability ratios. These ratios are instrumental in ensuring that the analyst understands the financial soundness of the firm before investing in it (Shim and Siegel, 2000). Although these ratios face various shortcomings, they are essential in providing a bird’s eye view of the company from an analytic Continue reading...

Since, the portfolio construction is based on Moderately Conservative Risk Tolerance, this is a clear indication that the investor is either retired or is retired and is solely relying on paychecks from the portfolio income. Another extreme case can be that the investor has already faced the negative side of investment and has lost his money in the past and thus, he prefers to be moderately conservative in his investment approach. Thus, being an ethical investment advisor firm, we cannot force the investor to change his investment approach and thus, we shall continue with the portfolio construction as per Continue reading...

Analysis of Company Audit-Risk Using Financial Analysis Tools

Audit risk occurs when an auditor makes an unqualified report of the company’s state of affairs. This results when he or she omits information that is significant in the procedure. An individual could make an error or fraud, thus causing the misstatement (DiGabriele, 2010). These threats are categorized into inherent, detection and control risks.
Financial analysis is the process of collecting, selecting, evaluating, and interpreting financial information of a company. This is significant in making investment and financial conclusions (Lanier & Saini, 2008). The analyzed data are used for internal activities of the organization such as appraising employee performance. Continue reading...