Essays on Loan

This epic book captures the mood and the general feeling at the times of World War 1, when one of the most lethal viruses called influenza erupted in an army camp in Kansas. Given that it was a time of war, military camps were crowded, therefore: the virus found carriers among the military men. When the army moved eastwards, influenza moved with them and in the process, it killed millions of people. It is sad to note that, the epic influenza killed more people in a period of twenty-four months, more than AIDS ever did in twenty-four years. For Continue reading...

Biography on Steve Israel, a U.S. Representative for New York
Steve Israel is a member of the U.S House of Representatives from the Third Congressional District of New York since 2001. Steve is a true leader. He values education. He respects the middle class and the low-income group. Even in the worst situations, Steve always raised his voice and stood up for his people. He has sponsored and co-sponsored numerous bills and voted in favor of several reforms that benefit the public to a great extent. He has been in power since 2001 and never misled his people. He Continue reading...

Introduction

Chrysler Group LLC is one of the largest automobile manufacturing companies in the world. Along with General Motors and Ford Motor Company, these three companies are known as the “big three” in the US market. Chrysler is headquartered in Auburn Hills, Michigan. Currently, Chrysler is a wholly owned subsidiary of the Italian Automaker, Fiat S.P.A. The flagship brands of Chrysler are Chrysler 200 and 300, Dodge, Ram and Jeep. The journey of Chrysler was not always smooth. Upon its establishment in 1925, it soon became one of the most popular car brands in USA. From 1930s till late 1950s, Continue reading...

Thesis

The global financial crisis was a period during which downturns were experienced in the stock markets, economic activities as well as losses in the housing market all over the world. During this period, banks had to be bailed out by national governments and consumer wealth declined significantly. The result was a major recession between 2008 and 2009 .
This paper looks at the global financial crisis in the world, its effect in the US and measures taken by the US to manage it. This financial crisis was experienced in the world in the late 2000’s and the US was 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...

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 Continue reading...

Introduction

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 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...

In order to get a clear picture of how Plato would respond to this dilemma, it is important to establish the facts about this case. A woman named Lisa Krawchuk qualified for welfare assistance because of her low income. The welfare authorities required her to report any changes in her income for the period that she received the benefits. She agreed to that condition, reported an increase in her income after her husband got a part-time job and the welfare office reduced her payments accordingly. Lisa failed to report that she was benefiting from a student loan and the Continue reading...

Governance of big data:

Governance of big data is an important in the organization due to the challenges associated with voluminous data. The executives are faced with very huge chunks of data relating to the sales and revenues. The large amounts of data relating to the revenues of the organizations are managed through information systems. The big data is managed through the knowledge work systems of the organizations. All the data of the organization is input into the knowledge work management systems of the organization. These knowledge information stems helps in the organization and analysis of such data so as to facilitate efficient Continue reading...

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 Continue reading...

Introduction

Shylock is presented as a villain as shown by his stringent terms he gave Antonio while borrowing loan from him. Shylock is evil because he treated Antonio unfairly because he was a Christian. He gave very strict conditions of repaying his loan. He argued that if Antonio failed to pay the loan a pound of flesh will be cut from his body. This condition showed how inhuman Shylock was towards the Christians. "Two thousand ducats in that and other precious, jewels my daughter were dead at my foot " Act 3 Scene 1 line 83. Shylock also wanted her daughter Continue reading...

Introduction

Banking, financial, and even insurance-issuing institutions were badly hit by the global financial crisis that happened in 2007 to 2008. It created a serious domino effect that eventually took its toll on the U.S. Federal Government. The struggling dollar and U.S. economy—the world’s largest economy in terms of GDP, led to a serious wave of financial and stock market corrections that were felt globally, especially in countries whose economy is largely dependent on U.S. commodity and financial supply and consumption. The ultimate effect of the global financial crisis of 2009 was an increased uncertainty and negativity in Continue reading...

In recent years, China has exhibited rapid economic growth due to massive debt and injection of government subsidies. Leveraging is essential for funding modernization efforts, but when done excessively, it signals an unbalanced economy. Statistics given by Fitch (2013) show a rise in overall credit in China from US$9 trillion to US$23 trillion since 2008. If history is anything to go by, China is headed towards a banking crisis and severe credit crunch since credit is the lifeline for its state-owned companies (Chen 2006, p. 11).This essay reiterates the chances of China experiencing an economic crash Continue reading...

Essay

On

Question-1
Introduction
This essay consists of three parts. In the first part of this essay, the financial analysis of the Small Company Ltd. has been made by using the ratio analysis tool. Some of the most important ratios for this company have been calculated by using the financial information for the two years (i.e. 2012 & 2013). Moreover, important areas of the business are also highlighted that requires the greatest attention and the concentration of the management of this company.
Second part of the essay includes some healthy discussions on the stakeholders of the company and also the discussion Continue reading...

The four financial hedging techniques are future, forward, money market and currency option hedge. Any business firm is supposed to compare it is the cash flow in determining which the technique to apply to hedge. The futures hedge is involved in the use of the currency futures. To hedge the future payables, the business or the associated firm is supposed to purchase a future currency contract in regard to the currency of the choice as it needs (Stephens, 2003).
A forward hedge is the similar with the future hedge but the only difference is that the only forward contract Continue reading...

Management of Working Capital Case Study: George's Trains

Executive Summary
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 Continue reading...

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 Continue reading...

According to an article posted on the online Wall Street Journal on 3rd March, 2014 said that most American citizens are going for loans supposed to be offered to students. The reason as to this is that these loans are repayable at a very low interest, thus being very convenient to students. The article adds more information that most people taking these loans do it for the cash; to help them in other stuff rather than helping them study. Most of them are in low paying jobs that cannot afford a normal loan. The article describes the reason for Continue reading...

Definition

Finance is science, which explains about the management, creation, money, banking, credit, investment, assets and liabilities. The finance has financial systems. It has public, private, and government phases. There are three types of finance public, corporate, and private finance.

Efficient Market

An investment that states impossible to beat the market because the stock market efficiency causes the existing price to the corporate, EMH says, the stock always fall value on stock exchanges. It is impossible to outperform in the overall market based on the expert stock selection. The efficient market deals with the market research and efficiency.

Primary Market

A market issues new Continue reading...

GP Finance

GP Finance

CBM Cash Budget

For the nine months ending November
Note – 1: Payment received in first month is 25% of sales, in second month is 55% of sales and in the third month 20% of payment is received.
Note – 2: Depreciation has no cash effect. It is not a cash expense. Therefore, it is not included in the calculation on the Cash budget.
CBM must arrange finance from the outside out the business to meet their monthly expenses. The main reason for arranging finance from other sources is that the business has the fixed expense of $60,000 per month regarding Continue reading...

MARKETING STRATEGY FOR FRACE BOOKS

Target Markets
The company’s target market will be readers of both the non-academic and the academic literature who are currently internet users. This is because those targeted are students who source for materials online and the non-academic readers in search of magazines and information material. Frace books will strive to provide accessibility of titles to their online readers since the demand of such materials is high on sites of colleges, book publishers’ websites, and on online academic journals’ websites.
The titles of books to be offered reflect the make-up of the recent trends and developments and individuals’ interests. Continue reading...

The World Bank is now the world’s largest external funder of health, committing more than $1 billion annually in new lending to improve health, nutrition, and population in developing countries. Pakistan is a developing country and in order to make its economy strong it has to seek assistance from the international financial institutions such as International Monetary Fund or IMF and World Bank. The purpose of IMF is to promote the monetary help and corporation at international level and provide advice on policy matters and technical assistance in order to help the countries for building and maintaining stronger Continue reading...

Sales Job #1

Company/Employer: Unishippers
Industry: Transportation Services
Job posting Website: http://sales-jobs.theladders.com/

Summary of Job Description:

Unishippers is a leading global logistics firm. The employer needs an experienced logistics sales person whose job will entail developing and closing corporate logistics accounts in Atlanta market. The successful candidate will be provided with a health insurance policy, laptop and cell phone.

Job Requirements:

The eligible applicant should have a minimum of two years experience outside business to business sales experience and a proven track record. The applicant should be a holder of a four year degree and prior experience in shipping/logistics will be an added advantage.

Job Functions and Responsibilities:

The successful candidate will Continue reading...

Answer 1

Annual expenses will reduce when the new system is implemented. This will be based on several cost savings due to increase in efficiency. The first saving is that of amortization and support of the current system. Total savings in this case will be $ 301,000 and $ 468,000. This is because the automated system will not require any support. Front end origination will not be needed. This will result in savings of $ 27,000. The other saving will be on the report and document imaging. Both the amortization and support will not be needed with the new system. This Continue reading...

The formula for calculation of payment per month is PMT = P X (APR/n)/ [1-
(1+APR/n)^ (-ny), where p is loan taken, APR is rate of interest is always equivalent to 1

Payment in two different cases, first one normally and then consolidating all the loan

Amounts together and calculating the effective payment required to be done along with
Proper comparison between the two kinds. The objective of doing that is to hold a picture
About pros and cons of consolidation and why someone should go forward with
Consolidation. The situation is:
$15,000 with an APR of 8% for 15 years
$10,000 with and APR of 7.5% for 20 years
$ Continue reading...

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 Continue reading...

Is Forgiving Student Debt a good Idea?

Tertiary education in America is expensive, and the economic situations are harsh such that students cannot access decent jobs to enable them, pay off their debts. President Obama is proposing a plan to forgive the student loan debt. The proposed plan Pay as you Earn will enable the borrowers of loan to make a contribution of 10 percent of their income, and after 20, years, one’s loan will be forgiven (cox 14). In doing so, it would ensure that billions of money in the form of student loan debt are forgiven regardless of what was borrowed. This program Continue reading...

Kenya is a country that is found in the Great Lakes Region of East Africa. It is a country with an approximate population of 40 million people. With a square kilometer area of approximately 582000, Kenya is among the third world countries that are under developed. A former colony of Britain, Kenya mainly depends on agriculture as its main economic backbone although the type of agriculture practiced in the country is not mechanized. Most of its land lies in arid and semiarid climatic areas. Alongside agriculture, the successive governments of Kenya have stepped up campaigns to promote tourism. Tourism Continue reading...

Lending Institutions, Health Care, & Human Capital

Lending Institutions, Health Care, & Human Capital

Introduction

Many developing countries are emerging through their governments’ efforts in sustaining their citizens’ wellbeing. Also, many of them are seeking the assistance of the international organizations so as to support their political, social, and economic development. Such action was one of the Philippines’, as an emerging country, way to provide those supports. The country used the assistance from the World Bank and International Monetary Fund to improve their nation’s stability. This writing entails what the World Bank and IMF did to assist the country in their economy, politics, and their society’s Continue reading...

Introduction

Most business enterprises are normally creations of ingenious business minds that make difficult financial decisions in order to take the business to the next level. In most occasions, only businesses with spectacular principles and competitive managers have an edge over competitors thereby staying in a market. An important aspect of a business is its mode of financing which can either be equity or debt business financing. This paper gives a comprehensive discussion on the advantages and disadvantages of both equity and debt as business financing strategies. Additionally, the paper gives a recommendation on the decision of AMSC to settle Continue reading...

Research Problem

Funding a business is a complex issue. A new business owner should identify whether he or she is willing to finance the new business with the help of equity or debt. Each of the funding methods has its advantages and disadvantages. Equity financing allows business owners avoid making large loan payments. Investors may offer valuable business assistance to the new business owner in the case of need as they are interested in the success of the venture. If all risks are clearly explained to the investors, they will understand if the business fails. However, the investors will own a Continue reading...

Central Financial Protection Bureau: Roles and Functions

Central Financial Protection Bureau is one of the new federal agency created during 2011 after its concept was included as part of Dodd-Frank Wall Street and Consumer Protection Act. In the wake of financial crisis of 2007-08, where many investors were left bankrupt after they invested in risky products without even understanding the nature of the investment, it was important for the federal government to establish an agency that could regulate financial products and also have supervisory powers to protect the consumers. CFPB has the responsibility to oversee financial products and services being offered to the consumers. Infact, CFPB Continue reading...

Letter of Transmittal

Designation, Department Name
Dear Professor Name,
I hereby submit a report requested on ‘’Major Reasons for Financial Crisis of 2008’’. In order to provide an authentic and resourceful report, I have referred to some of the best academic and research resources.

Regards,

Introduction:
It has been 6 years now since the news of bankruptcy of Lehman Brothers shook the global financial world. The intensification of the global financial crisis following bankruptcy and dis-solvency of leading investment banks, corporations, commercial banks, etc. had made the economic and financial environment very tough for the world economy. By early 2009, whole of the Continue reading...

Corporate Finance

Answer 1)
Compound Annual Growth refers to growth over the years and is calculated by adding each year growth to the original amount. As for the sales of the company, the compounded growth rate for sales over 5 years time horizon is 11.05%. In other words, starting with the year 2000, when the sales of the company were $600000, by the end of 5 years, the sales of the company following 11.05% growth rate had increased to $1013376.
However, the net income of the company grew with annual compound rate of -136.10%. In other words, there was no growth Continue reading...

Part 1: Civic engagement letter

Washington, DC Office
2205 Rayburn HOB

Washington, DC 20515

Dear congressman,
RE: Higher tuition in colleges
I am writing for the above named reason. My name is [insert name]. I am a 20 year old student from Xxxx University (insert name and address). The cost of a college degree has risen over the past three decades at a rate of 1,200 per cent. Majority of American students graduate from high school with hope of pursuing a post-secondary education. Graduating from college is part of the American dream. However, this dream is becoming more difficult to achieve. Dear congressman, with private college Continue reading...

Wells Fargo & Co. is one of the largest mortgage lenders in the nation. The company plans to ease the rules on mortgages. One of the main rules that the company will adjust is to lower the credit score for mortgages that are eligible for government support. This is a clear indication that the standards related to mortgage-lending will ease. Franklin Codel asserts that the bank will purchase loans that have Federal Housing Administration backing with credit score of 600. The main aim of this adjustment is to increase the level of credit (Timiraos “Well Fargo Plans to ease Some Continue reading...

Introduction

Cinderella is a story that resonates with most people in one way or another within the course of their lifetime. This is because the story explores a fable-like element of unexpected success amidst oppression and unfair treatment (Orenstein 50). The story, a European folk tale, is about a beautiful young girl, Cinderella, who lives in a household where she gets mistreated by her stepmother and stepsisters. She does not get new thinks such as items of clothing and other necessities and has to rely on “hand-me-downs” from her siblings. To add to her misery, she is subjected to hard Continue reading...

The economic downturn of 2008 caused trouble to the whole world as a result of the globalized market. Investors assumed that there was minimal or no risk in the global financial market leading to them adopting moral hazard. What made it even better was that they were investing in the real estate whose value was assumed could only go up. A person would purchase a home and then sell it later at a higher price. This mortgage craze began in the United States and soon spread to Europe and the rest of the world. Financial engineers created loan products Continue reading...

In simple terms, financial planning is the means through which one can wisely plan and manage one’s finances so as to achieve his or her goals and dreams. This is the process through which most individuals and firms use in order to develop through the various stages of life without straining their finances (Banks, 2011). Financial planning hence is a process that needs to be practiced over a long period of time in order for the desirable effects to be achieved.
For Bill and Jan, it can be noted that they do not have a financial plan as Continue reading...