Essays on Treasury

Improving the Operating Strategy of Marriott

Improving the Operating Strategy of Marriott The purpose of the report is to develop a recommendation for improving a company’s current strategy in order to remain sustainable in a highly competitive economic environment. The recommendation will be based on an analysis of both the external and internal factors that affects the company. This includes both qualitative and quantitative factors since the report is segregated into (1) environmental scan and risk analysis, (2) ratio analysis, (3) financial statement analysis, (4) weighted average cost of capital, and a (5) strategy development. The company chosen to be analyzed is Marriott International, ...

The trade and investment relationship between Australia and China demolishes the theory of comparative advantage. According to Adam Smith and Ricardo, it makes sense for a country to focus on the production of goods and services it can do efficiently and purchase goods and services it produces less efficiently from other countries. When this theory is applied to the trade relationship between Australia, a rich country and China, a poor country, we arrive at a paradoxical outcome. The introduction of a free trade regime resulting in Australia-China trading relationship implies that Australian consumers will pay lower prices for imported ...

Question 1:

The five core competencies that are discussed and broadly tackled in the MBA program are as follows: Competency 3006.1.5: Legal and Regulatory Requirements Competency 3020.1.4: Motivational Concepts in Human Resources 3012.1.4: Microeconomic and Macroeconomic Principles 3013.1.4: Marketing Strategy 3014.1.1: Financial Analysis The graduate in these core competencies of the MBA program is taken through the rules and regulations as well as the legal procedures that they should be privy to, so as to analyzes applicable legal and regulatory requirements of their organizations and assist them to determine whether organizations meet legal responsibilities or not. The graduate in this competency ...

Deficit spending refers to the spending of funds more than the income. In government, deficit spending occurs when the government expenditure exceed the revenues collected over a specified fiscal period (Investopedia, 2016b). An important note on government deficit spending is that it begins at the budgeting stage where the government plans to spend more than it expects to get in revenues. The consequence of this is that the government has to borrow even with the achievement of the highest estimates in revenue collection. The government finances the deficit through two main ways. Traditionally, the major method of meeting the ...

Milestone I

Apple Inc. was founded on April 1, 1976, which makes it 40 years old. There is something to say about a company that has been around for that long; they must be doing something right. There were three different kinds of computers starting with the Apple I, Apple II and the Macintosh. The Apple I had a typewriter like keyboard with the ability to connect to the TV for the screen. These were all built by hand. The Apple II arrived in April, 1977 and with this came color graphics and a tape based machine. Then in 1984 Macintosh ...

1. The Financial Crisis: Avoidable but Inevitable Theoretically, the financial crisis could have been avoided as investigation findings revealed . Under the circumstances however, the crisis was an inevitable consequence of everything that was going. The Federal inquiry concluded that the 2008 financial crisis could have been avoided. The crisis was the result of “widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street”. It was the result of “greed, ineptitude or both” on the part of government and the private sector. Among the persons found responsible for the crisis included Federal Reserve Chairman Alan Greenspan and, ...

Numerous organizations are surveying the natural elements that can lead representatives to participate in exploitative behavior. A focused business environment may call for unscrupulous conduct. Lying has ended up expected in fields, for example, exchanging. A case of this is the issues encompassing the untrustworthy activities of the Salomon Brothers. Salomon Brothers existed as a Wall Street speculation bank, identified as a lump section organization. Established in 1910 by Arthur, Herbert, and Percy, alongside an agent called Ben Levy, it continued as an association until the mid-1980s. This is the time they were obtained by the item exchanging company, ...

Short – Term Investing

Introduction A treasury bill or a T-Bill is a short-term maturing promissory note, usually lasting for three months to one year. Nyawata (2012) asserts that the federal or national governments are the ones that issue T-Bills as their primary instruments of regulating the supply of money within the national economy, as well as raising funds for various government projects through open market operations. The central banks of the respective countries are the ones responsible for issuing and paying on T-Bills. According to Thau (2000) T-bills do not have any form of explicit interest, but they sell at a discount ...

Reflections on my education

During my time in the program, there has been a lot of new information and knowledge that I was able to learn. The program taught me how to serve the people and understanding these things has improved my critical thinking skills through a meaningful academic practices. There were many aspects of the program that can help me achieve both of my personal and professional goals. As a student, I came to the point where I became more confident that I can accomplish my roles in more professional and skillful manner. Even though I have been in the law enforcement ...

Abstract

Performing the comprehensive analysis of the financial situation of AMC Entertainments, we have gained an optimistic review for the entity. Strong profitability driven by revenue growth and controlled cost structure will enlarge the podium of success for the company. On the other hand, high amount of operating cash flow growth, and a prudent spending on capital assets and dividend payment, indicates a sustainable approach of the company for maintaining balance throughout. Similarly, a sustainable proportion of debt-equity is apt according to the recent financial strength of the company and do not spark any source of concern. However, two issues ...

Planned retirement age

I plan to retire at the age of 60 years. It is my hope that I shall have accumulated adequate resources to finance my post-retirement expenses. I also believe that I shall have done everything I have wished for in my career.

Retirement money

I will need about $641,000 for my retirement. This determination is based on my current and the expected salary as well as salary increases. The retirement fund requirement is also based on my current and expected expenditure. It also takes into consideration annual savings for retirement. I anticipate that my annual retirement expenditure will be about $ ...

Summary of these key indicators for the U.S. economy One of the key indicators of the US economy is current inflation. As at May 2016, the inflation rate stood at 1.02% (The World Bank, 2016). However, between January and May, the average inflation rate has been 1.01 percent. The second indicator is the unemployment rate recorded at 5.5 percent as at the end of May (The World Bank, 2016). The average for the year thus far has been 4.9 percent. The real GDP growth is also a critical indicator. In the first quarter of the year 2016, which ended ...

The American Economy has faced one of the most destructive economic crises in 2008. The crisis started in the sub-mortgage markets has expanded to the financial markets, and the largest financial institutions have declared their bankruptcies. Subsequently, the collapse of the financial markets has spread to all the industries in the country. What the American lost in the global financial crisis and what made the recovery from the crisis tough was the loss of trust for the American Economy among the agents in the economy. Until 2008, the economic development in the US was based on the consumption economy. ...

a. Carson is providing the funds by investing in the treasury securities. A surplus unit is the only unit that can invest in securities. b. As a deficit unit, Carson has actively borrowed the required funds from the financial institutions. c. Providing the required funds for the expansion can facilitate Carson’s expansion. d. As like finance companies, by providing the required funds for the expansion, commercial banks can facilitate Carson’s expansion. e. This limitation could be because of the borrowing of the Carson that reached its maximum limit. Because of this situation, banks and other financial institutions ...

Performance Measurement

Asset Utilization Revenue generation by each employee is perceived to be better for Boeing at $595,501.86, which may be due to a better employee retention policy. This was concurred by Boeing’s annual report where it revealed that the management has good relations with its employees since 38% are represented by unions (Boeing, 2016, p.20) with Lockheed at 18% (Lockheed, 2016, p.18). Due to the better employee retention, Boeing was able to generate a higher amount of sales based on its investor’s capital or equity at 15.02 but Lockheed was not lagging far behind at 14.90. The ...

Investment Portfolio Statement

Investment Policy Statement: Executive Summary:

Tax ID: A1258122 Current assets: $10,000,000 Return: 7 % 1-yr Loss Limit: (Worst case scenario): - 10 % Purpose of investment policy statement: The main purpose of this investment policy statement is to provide the client with a clear investment plan that ensures maximum returns. It therefore:

Provides an excellent overview of all investment options available to the client

Ensures that all investment options are in line with the client’s needs, wants, and objectives It provides the required means of communication between the client and all other parties involved in the investment plan It meets all the laid out international, state, and federal laws ...

INVESTMENT PORTFOLIO STATEMENT

Investment Policy Statement: Executive Summary: Type of policy: Individual Retirement Investment Policy Tax ID: A1258122 Current assets: $10,000,000 Return: 7 % 1-yr Loss Limit: (Worst case scenario): - 10 % Purpose of investment policy statement: The main purpose of this Investment Policy Statement (IPS) is to provide the client with a clear investment plan that ensures maximum returns. The IPS plays the role of assisting the client in monitoring, evaluating and supervising his or her investment portfolio. The IPS therefore:

Provides an excellent overview of all investment options available to the client.

Ensures that all investment options are in line with the client’s needs, wants, and objectives. It provides ...

Abstract

Hawala is an informal system of money transfer that is widely used in the Middle East, the Indian subcontinent, the Horn of Africa and North Africa. The Hawala system predates the current international banking system, having been used in the Muslim world before European influences permeated the region. In western countries, Hawala is popular among immigrants, who use it to send money to their relatives back home. The main reasons for Hawala’s popularity as compared to other means of money transfer include its cheapness and anonymity. However, some countries such as India and Pakistan have outlawed Hawala because ...

The purpose of the report is to examine how the acquiring company, Boeing, will acquire its most significant competitor Lockheed Martin Corporation. This is despite the fact that both companies are competing in the aerospace/defense products and services industry (Yahoo, 2016). Boeing is considered as the largest commercial, defense, space and security manufacturer in the world (Boeing, 2016, p.ii) while Lockheed manufactures products for government agencies under the civil, intelligence, and defense departments (Yahoo, 2016a). The difficulty in this task is that Boeing’s market capitalization is at $84.79 billion, which was only slightly higher than the market capitalization ...

Material Marble

Technique Doric Parthenon: Gallery of Images Description of the work of art. The Parthenon which was constructed between 447-432 BC during the height of the Athenian Empire. It was a Doric style, post and lintel temple that was made up of a rectangular floor that had a series of low setting steps on each side. The Architects incorporated the Doric ration of 9:4. The Doric design also consisted of a series of Triglyphs and metopes that were situated on the entablature or the roof. The metopes were accompanied by a panel that was made up of a relief sculpture. ...

Mannella v. Commissioner, 132T.C, No 10 (April 13, 2009). In this case, Mrs. Manella found out that her husband had filed for tax returns but hide the mail from her. In so doing, the applicant was denied the right to receive what she rightfully deserved in the tax return process (Copeland). People v north 29 Cal.3d 509. The Defendant, Mr. North broke into the house of his girlfriend during the weekend as she was at her parents. When he was arraigned at the Califonia Supreme Court, the Defendant pleaded guilty to the charge of Second Degree Burglary. Loss of ...

Increase Government Spending to Fight Recessions

Introduction Government spending as a recession recovery tool has been the subject of debate numerous times. To date, there is no definitive proof of its success or failure of its application. An active fiscal or a monetary policy is the sum total of the actions taken as a reaction to the current economic conditions; the government chooses to use a specific policy to deal with something in the economy (Mankiw, 2001).

Government spending as a method for lessening recession is a tool that has been proposed and even applied by many governments when they are experiencing a recession. This ...

Introduction

The end of the nineteenth century is the period of the final partition of Africa between the European powers. European states demanded the immediate "salvation" of “savages” and bringing the noble atmosphere of the church Sunday schools to Africa. One of the latest British acquisitions was the State of Benin, the remains of the once mighty forest empire. The art of Benin was developed under the direct influence of the more ancient culture of Ife. In the XV-XVII centuries this art has reached its zenith. At this time (1400) Benin kingdom (which previously recognized the authority of the supreme ...

Introduction

Offshoring is a common trend to a majority of international companies that have their root of operation outside the U.S market. Apple Inc. is one such company that has been caught up in a flurry of controversy regarding its stake in remitting taxes to the U.S government. Besides, the offshore account maintained by Apple Company has led to serious criticisms and flurry of accusations. This essay focuses on the main reason why companies like Apple would wish to maintain offshore operations rather than refocus their operations in its domestic country.

Reasons for Offshoring

The main motto that is behind Apple’s decision ...

Introduction

The Ottoman Empire was ruled from the top by a Sultan. A collection of taxes was an eternal problem in this empire so they came up with a tax farming system whereby tax collectors were employed to collect taxes in the entire empire. The system brought about various mistreatments and the poorest received very heavy tax burdens, they did not have the capability of avoiding taxes or bribe off the tax collectors. A segment of the population lived under the millet system and it consisted of the Jews, Christians and Religious minorities who run their own schools, local communities ...

Executive Summary

The report is designed to develop the strategic marketing plan for Vertical Horizon Company for its coming three years. The company was founded in 2003 in New Zealand,and it offers adventurous services. The major activities of the company include Team building, Training of leadership, camping, camps for children, adventurous activities, Family get-togethers and reunions, parties, events and celebrations and Catering, Venue and accommodation services. Based on the situation analysis, strength and weaknesses of Vertical Horizon are found along with the future opportunities and threats to the company. Keeping the analysis in mind, the three marketing objectives are designed ...

Jim McGuigan (2009), in his widely-acclaimed article “Doing a Florida: The Creative Class Thesis and Cultural Policy” talks about Richard Florida, considered as a the guru of management in America. According to McGuigan, Florida’s work The Rise of the Creative Class was a classic case of looking impressive on the surface, but is actually riddled with flaws in the inside. In addition, Florida’s work on cultural policy leans more on the managerialist perspective which resulted to the oversimplication of the scientific reasoning and research (McGuigan 310). To a reader who has no background on the social sciences, ...

Answer 1: The factors that influence the Fed's balance sheet are its assets and liabilities. In assets Fed hold securities like U.S Treasury which is controlled by open market operations. Then the foreign exchange reserves issued by the foreign governments. The SDR(special drawing rights) and gold are official asset, other Federal Reserve asset and the discount loan. In liabilities, the currency in circulation, the reserves i.e. the accounts with commercial bank , government accounts and other liabilities which mainly consist of reserve repo rate. The asset that has increased Fed balance are purchase of treasury and mortgage bonds(Kearns). ...

“Governments should paly active roles in managing short run instability caused by

Unemployment and inflation problems” Introduction The reverse of the above statement is true, whereby if governments do not play an active role in fighting inflation and unemployment, the adverse effects associated with these two economic eventualities do sometimes dissipate on their own. Therefore, this paper agrees with the above statement, but will also attempt to show that various economic solutions to the short run instability which is associated with unemployment and inflation can sometimes lead to a worsening of the situation at hand, rather than its subsequent improvements (Quiggin, 2012, pg.13).

Positive Sustainable Economic Growth

According to Mukesh (2015, pg.69), one of the ...

PERSONAL FINANCE INVESTMENT IN QATAR: INVESTING QR 1000000

Abstract This article describes a personal finance project which entails the investment of QR 1000000 in a short time frame, from 1 March to 27 May 2016. We first define personal finance and establish the five steps of a personal financial planning process, which entails: (1) assessment of the individual’s financial situation; (2) determination of the individual’s financial goals; (3) creation and details of the financial plan, based upon the determined goals; (4) execution of the aforementioned plan; (5) monitoring and reassessment of the plan. For each one of the five stages, we carry out the required ...

I. 1. Alpha Corporation’s major sources of cash from 1989- 1991 were proceeds from cash from operations, disposal of obsolete assets, proceeds from disposing of discontinued operations, sale of common stock and proceeds from raising long term debt. Its major uses of cash were purchases of fixed assets, capitalized software and treasury stock, re-payment of long term debt and payment of dividend. Major sources of cash for Beta Corporation were cash received from customers and proceeds from issue of common stock. The major uses were purchase of marketable securities and other capital expenditures, re-payment of subordinated debt and ...

Lenovo Group Limited is a multinational computer technology corporation that develops personal computers, servers and IT software. Amid the global dotcom bubble in the 2000s, Lenovo began to pump resources into sectors such as mobile phones, internet-related business and information technology services. The technology joy ride was short-lived as competition at home grew ferociously with the mainland's entry into the World Trade Organization, eating into Lenovo’s bottom line. After this ill-fated strategy of diversification and a focus on the domestic market between 2001 and 2003, Lenovo chairman Yang Yuanqing said in an interview with the South China Morning ...

Introduction

In 2008, the entire world was rocked by the biggest financial crisis since the Great Depression. The crisis first affected the entire financial system of the United States before then quickly spread globally. The casualties of the crisis included the whole investment banking industry of the US. Other casualties were the US largest insurance company, largest mortgage lender, among other firms in the financial services sector. The US auto industry was severely hit leading to loss of jobs. The US unemployment rate increased by 4.9% points from the third quarter of 2007 to the third quarter of 2009. The ...

Introduction

The paper is commissioned to perform financial analysis for Nike Inc. As part of this analysis, we will extensively discuss the current position of the company in the industry and how well it is forecasted to survive in the future amid the ongoing developments in the industry. However, the main focus of this paper will be to unearth the financial standing of the company over the recent past two years using the tool of financial ratios. In order to incorporate cross-section analysis in our analysis, we will also compare the ratio multiples with the competitor firm, Under Armour.

About the company

Founded ...

Introduction

Money plays a vital role in the determination of income and employment . interest rate are a significant determinant of aggregate spending ad the Federal Reserve which controls the money growth and the interest rates is the first institution to be blamed when the economy of in trouble. Now the question arises what is money.

Money Definition

Money is a medium of exchange. Money is divided into commodity money and token money. To some economist there is difference between commodity money and token money. A commodity money is a medium of exchange which has a commodity value as distinct from a value ...

Introduction

There are various types of financial instruments including equities, treasury bills, bonds, mutual funds, deposits and cash equivalents. Equities refers to securities that represent ownership in a company and are traded (can be sold and be bought) in the stock markets. They can also be purchased through IPOs; meaning directly buying from a company. Investments in this category are normally considered long term option and have higher returns considering their long term horizon. However, the instrument lo bears high risk. On the other hand, the mutual funds allow groups of investors pool together money that is then professionally managed ...

Personal Financial Advice

According to Arends, management of personal finances is not as complicated as people think. To him, personal financial management is simpler. Arends pointed out that people who wish to manage their personal finances ought to first discard pontificating, jargon, and technical stuff. Arends further suggested how people should effectively manage their personal finances. To Arends, financial and economic forecasts are meant to create jobs for forecasters, and they should be ignored. On financial investments and strategies, the idea is to keep simple because the reason why they appear complex is to create jobs for salesmen and managers. There is ...

Introduction

Report’s aim Comprehensive analysis of a company is crucial for decision making regarding its inclusion in a portfolio. That requires forecasting a company’s performance to estimate the expected value of the stock and comparing it with the current market price so as to decide whether it is overvalued or undervalued. In that view, this analysis seeks to analyze the IMB Company with application of the Discounted Cash Flows method as well as WACC. With the values calculated, the value per share is compared with the current market price to make recommendations whether the stock is a buy, ...

Tyler Cowen’s “The Inequality that Matters”, published in the January-February 2011 issue of The American Interest Magazine, addresses the type of income inequality that Americans, and people all over the globe, should be concerned about. Most people, Cowen says, are unaware of the bigger, economic picture, and are instead more concerned about their neighbors’ income status. According to Cowen (2011), the American economy may collapse again because of an unstable economic situation in China and Europe, undercapitalized banks, or because the economic system is broken – and no one no one quite knows how to fix it. Cowen (2011) ...

Abstract

Establishing a business requires considering the opportunities and risks that it could face given the industry trends and prospects. That is because the industry trends determine competitiveness as well as the ability to meet the business goals. With that, this analysis presents a financial analysis of a business proposal for a coffee and bakery café based in New York City. The café caters to the youthful segment and serves products that consider the increasing health concerns over the effect of beverages and bakery products’ ingredients. Further, the analysis, involve an analysis of the most suitable approach regarding the space ...

Introduction

For many years, financial crises have been pervasive. According to Collardi (2012), the frequency of occurrence of financial crises in the recent decades has doubled the occurrence during the Bretton Woods Period and the Gold Standard Era. Nevertheless, the occurrence of the 2007-2008 financial crisis came as a great surprise to many individuals. Initially, the crisis was seen as difficulties that were being experienced in the United States subprime mortgage market. This, however, spilled rapidly to the financial markets before spilling over to the real economy. This paper discusses the causes of the financial crisis and the measures that ...

Introduction

Failure to regulate the derivatives market during President Bill Clinton’s and President Bush eras contributed to the economic crisis that hit the U.S in the year 2008. “The Warning” is a documentary that was aired on PBS Frontline in 2009.In the documentary, a former Chairperson of the Commodity Futures Trading Commission (CFTC), Mr. Brooksley Born talks of her attempts to control the derivatives market while she was at the helm of the CFTC. She says that these attempts failed and legislation was passed to prevent her and the CFTC from regulating the derivatives markets. The passing of this ...

Introduction

The economic power in current global ecosystem has assumed more significance compared to conventional use of military power. The world has become increasingly flat and hence economic influence is becoming more impactful. On an upside, economic influence can be used to promote bilateral and/or multilateral economic relations between nations. On a downside, economic influence can be used to promote specific political, social and, of course, military goals. This is called, for current purposes, economic terrorism. By coercing nations into specific actions – or, for that matter, intimidating nations to backtrack from specific actions – coercive powers (state actors, non-state actors or ...

Regression Analysis

Using the regression analysis, we are willing to reveal the real trend behind the growth multiples of the company, i.e. whether the trend in the financial multiples posted by the company is real or just inflated numbers. Stated otherwise, regression analysis is performed to understand how sustainable are the financial numbers and how can these historical trends help us in forecasting the future performance of the company. The first two multiple analyzed were sales per share and EPS as these multiples reveals the amount of money the entity is making. Analyzing the trend, we witnessed that while the sales ...

Introduction

Governments and nonprofit organizations just like the commercial entities must prepare financial statements, but unlike the commercial entities whose accounting is for measuring profitability, the governments’ and nonprofit organizations’ accounting is for accountability (City of Cambridge Participatory Budgeting, 2016). The nonprofit and government agencies apply an accounting system known as fund accounting, where a fund is made up of several accounts each set apart for a particular purpose in agreement with law and regulations. Unlike the commercial entities which only have a single account called the general ledger for determination of profits, nonprofit and government agencies can have several ...

Chapter 4: Analysis and Findings

Analysis and Findings Given the survey responses, the following is the presentation as well as interpretation of the results regarding the expenditure and cash management services as well as payment methods. The survey results from the 30 respondents are presented in graphs and tables indicating the company’s efficiency regarding the application of strategies and various approaches. That is then used as a guide to where it needs to enhance the management.

Challenges: There are numerous challenges that business faces in cash and expenditure management. In that respect, the company’s challenges can be summarized as follows. The rise ...

European colonization of the North America began in the 15 century when John Cabot reached the northern part of the island of Newfoundland and declared it the possession of the English crown. The meeting of Europeans with indigenous people of North America was followed by both not equal fight, and interaction. However, as a result of this racial and cultural mixing was born and began to develop a new civilization. The colonists did not find gold in the new lands and therefore, their development differed from the Spanish conquest and at the first stage was peaceful. Before the colonization ...

Investment Goal:

The overall objective of this portfolio is to earn a sustainable return by assuming average level risk over the period of 10 years. The eventual objective of this portfolio is to fund my post –retirement life, however, I am keeping the time horizon here up to 10 years for now as with me still being in a young age, I opt to assume average risk. However, in order to avoid payment of taxes on my cash inflows, I will solely be investing in mutual funds suitable for IRA investment

Investment Style:

Considering my average risk tolerance and investment period of 10 ...

Stock Analysis: PepsiCo

Summary: Current Price of stock: $103.78 Projected Price of stock: $159.98 Recommendation: Buy About the company Founded in the year 1898, PepsiCo is an American multinational company that manufacture and process food snacks and beverages. Headquartered in New York, Pepsico is the the behemoth of food and beverage industry in the United States with annual revenue of $63.05 billion. The company owns a series of brands such as Frito Lays, Tropicana, Mountain Dew, Quaker Oats, Gatorade, et cetera. By the end of 2015, the company had employed 263,000 employees and was selling its products in more than 200 ...

The federal government's Bureaucracy is made up of the following organizations; presidential commissions, cabinet departments, government corporations, independent regulatory agencies and independent executive agencies. It is large since it is made up of about 2.6 million employees in the United States. All these departments work together for one common good, which is administering the law. The executive branch of the government has more power than the judiciary and the legislative branches of the United States federal government. The executive branch comes up with programs which are then implemented through the chain in the executive branch. It is the responsibility ...

Bureaucratic organisations are those organisations that have tough set of guidelines and procedures that are tight and there is a reluctance to change. There is a high formality of how these bureaucratic organisations operate. Several levels of management are responsible for the operation of the organisation. Charts that state the hierarchical table are existent for such organisations and they define the responsibility of all individuals at certain levels of management and clearly define who is in charge. Decision making is carried out through an organized process that is strict and control procedures are followed in the making of several ...

INVESTMENTS

Economic overview The economy of Jamaica greatly relies on services that accounts for over 70 percent of its GDP. The Nation continues to earn most of the foreign exchange from remittances, tourism and alumina/bauxite. Both tourism and remittances accounts for 30 percent each, whereas alumina/bauxite exports contribute roughly 5 percent of the GDP. The alumina/bauxite sector was the greatly affected by global downturn whereas the remittance flow and tourism industry remained resilient. The economy encounters several challenges to its growth including soaring corruption and crimes, huge-scale underemployment and unemployment as well as a debt-to-the-GDP ratio that is about 130 ...

The recession that engulfed the world economy in 2008 has taken the economic analysts by surprise. Questions have been raised about the effectiveness of economics as a predictive science. The recession was not the outcome of a business cycle fluctuation that macroeconomic theory has explained and solved in the past. It occurred entirely from a situation of market failure in the financial segment. It was the property bubble that inflated to such an extent that the whole world was affected when the bubble burst out in 2008. In this paper we are going to describe how this property bubble ...

Thesis statement

United States trade with China has grown significantly since the year 1979. This has led to an increase in both exports to China and imports from China. Although there have been negative consequences on the US economy, trade with China brings more good than harm to both China and the US.

Introduction

The past three decades have seen substantial growth in US-China trade. Since the US and China formally established diplomatic relations in 19179, the total trade has increased from $2 billion to $591 billion in 2014. China has risen to become the second-largest trading partner of the United States. ...

The merger between the Bank of America and Merrill Lynch

Astute Diligence provides that there is a criterion followed before any acquisitions. Benchmarking of the performance of the company on sale is critical in that it provides the buyers with a background and stability of the shares they are about to purchase. Horizontal mergers may result in economies of scale as production is concentrated on fewer sites, labor, and capital used more intensively. It happens if companies that seek to merge are in the same line of production denoting that the business that buys will incorporate what it has been doing the acquired one. Other savings may arise from ...

Stock market macro analysis and micro evaluation

Stock market’s macro analysis The fluctuations in the security markets relate to variations in expectations within the collective economy. Prices of the government bonds and the investment-grade company bonds are all determined by intensity of the interest rates that is highly influenced by Federal Reserve guidelines and overall economic practices. The aggregate prices of stock reflect investor prospect about a corporate performance relating to its earnings, the cash flows, as well as the needed return by the investors. These perspective are all heavily influenced by economic outlook (Bodie, Kane & Marcus, 2014). In that respect, the macro analysis is ...

Alexander Hamilton

Alexander Hamilton, one of the Founding Father of the United States was born on January 11, 1755, in Nevis, British West Indies. He was an immigrant to America, an outsider, an orphan, scholarship boy and a genius. Hamilton was also a bastard, an illegitimate and was prohibited from attending a Christian school and had no rights of inheritance. At the age of ten Hamilton and his family moved to St. Croix, where hundreds of plantations worked by slaves, produced sugar and coffee for export. James Hamilton abandoned the family and Alexander never got to see his father again. When ...

In 1886, thirty four years before ladies in the United States had the privilege to vote, a visionary business person called David McConnell had the phenomenal thought to establish a business taking into account the reason of giving ladies a chance to get cash outside of the home and become financial autonomous. He didn't set out to make a delight organization. Indeed, McConnell was a voyaging book businessperson and offered beauty items as an extra liven to his female clients. He saw that these ladies were more intrigued by the free scent tests than the books and that huge ...

Introduction

The paper is intended to develop a strategic management accounting report about the United States Postal Service (USPS) to analyse its current position and performance in the market in comparison with its competitors in terms of cost, financials, business strategies and actions. Strategic management accounting is the process of analysing the accounting data for the strategic business decision making (Kaplan & Atkinson, 2015; CIMA, n.d.; Jack, 2009). United Stated Postal Service (USPS) is the federal agency of United Stated to serve the postal services to the nation. It is one of the largest employers in the country and provides the ...

Module 3. The Money Market

1. Debit and credit cards have some commons and differences. The main similarities between these types of plastic are security of funds and personal information; convenience in reducing the amount of cash carried; ability to pay in almost any country of the world; an option to withdraw money at ATMs; internet purchases and on-line banking services. However, there cards have more differences than commons. Debit cards allow their owner to use money he put on the account, but no extra loan is offered additionally. Most debit cards are free of charge, unless they are prepaid ones. The only fees ...