The role of financial accounting is not to show the value of a company, but rather it provides enough information for others outside the company to determine the value of the company for themselves. Financial Statements according to Oxford Online Dictionary are annual statements summarizing a company’s activity over the last year. They consist of […]
Pace Leisurewear Ltd is a manufacturer of casual wear and designer leisure clothes company. Jill Dempsey and Mike Greaves are two co-founder of Pace Leisurewear Ltd. Lots of fresh experience in similar business and new ideas for developing a new range of clothes for young people motivate Jill and Mike to form such business to […]
Financial institution consists of two parts. They are financial structure and financial market. Financial intermediaries are banking or non-banking which transfers funds from economic agent with surplus fund to economic agent (shortage fund). Economic agents stand from household, firm and government. Bank financial intermediaries are central banks and commercial banks. Non-bank financial intermediaries are insurance […]
Advantages & disadvantages of Altman ‘Z’ score & Argenti A score model for predicting company failure which is useful to different groups in society and extent to which these models rely on published financial statements. The financial failure of a company can have a devastating effect on the all seven users of financial statements e.g. […]
In this modern era with the rising of e-commerce in the world, the usage of credit card is getting popular among the world nowadays. The usage of credit card has actually spread towards the college student and has increasing visibility (Hayhoe, 2002). Meanwhile, this is the best chance for the credit card companies to put […]
Irrespective of the recent well-deserved criticism of Agency Theory I believe it should still play an important role in managerial remuneration. Empirical evidence supports the theory that a conflict of interest exists between shareholders and management. Throughout recent years one of the more commonly discussed management topics has been executive compensation and in particular the […]
There is a growing tendency for world’s demands for reliable, affordable energy supplies in the next following decades (see chart 1.1), oil and natural gas will remain the world’s essential energy sources, meeting nearly 60% of world’s needs(ExxonMobil, 2008). Therefore, it is worth focusing on the investment in petroleum industries which are expected to have […]
Hedging Currency Risks at AIFS, we shall now address the many stipulations regarding issues such as currency exposure and hedging decisions of the AIFS Company. Looking at the theory and practices of Archer-Lock within the company, with the information given we shall now analyze and interpret the report of AIFS. Using the financial Instruments of […]
Tools that are important in monitoring business are liquidity and profitability. Liquidity refers to solvency meaning how quickly assets can be converted to cash while the income statement measures the financial performance of an entity through measuring profitability. The main financial documents of a company measures profitability and liquidity, the statement of comprehensive income measures […]
The strategic location of the South Face Mine, owned by Mountain Mining Canada Ltd (MMCL), catches the attention of Can-Do to make an offer for purchasing the mine. If our company successfully acquires it, the combination of better surface logistics and optimal location of new drift mines could provide an annual cost saving of up […]
