Thursday, May 7, 2020

Finance - 1071 Words

INSTRUCTIONS: | 1. Answer all questions. 2. Answer in ENGLISH. 3. Arithmetic calculators are allowed. (Cellular phones may not be used as calculators). 4. Only answers written in the answer booklet will be marked. 5. Dictionaries are not permitted. Question 1 Listed below are multiple choice questions. Read the statements and select the most appropriate Answer. Write the numbers 1.1 to 1.10 and then only the alphabet of your choice. Eg 1.11 C 1.1. _________ analysis involves the comparison of different firms’ financial ratios at the same point in time. (a) Timeseries (b) Crosssectional (c) Marginal (d) Quantitative 1.2. _________ analysis involves comparison of current to past performance and the†¦show more content†¦| | | | | Industry Average | Ratio | 2009 | 2010 | 2011 | 2011 | Current ratio | 1.6 | 1.7 | — | 1.6 | Quick ratio | 0.9 | 1.0 | — | 0.9 | Inventory turnover | 6.0 | 5.0 | — | 8.4 | Average collection period | 40 days | 50 days | — | 40 days | Total asset turnover | 1.5 | 1.5 | — | 1.75 | Debt ratio | 60% | 56% | — | 50% | Times interest earned | 2.5 | 3.5 | — | 4.0 | Gross profit margin | 20% | 19.7% | — | 20% | Operating profit margin | 4.7% | 4.8% | — | 6% | Net profit margin | 2.0% | 2.3% | — | 3% | Return on investment | 3.0% | 3.5% | — | 5.25% | Return on equity | 7.5% | 7.95% | — | 10.5% | (a) Calculate the firm’s 2011 financial ratios. (b) Analyze the firm’s performance from both time-series and cross-sectional viewpoints. (c) Comment on the firm’s overall financial condition and performance. Question 3 Senayshia’s House of Fashion wants to prepare a cash budget for months of September through December. Sales were R50 000 in June; R60 000 in July and R65 000 in August. Sales have been forecasted to be, R72 000, R63 000, R59 000, and R56 000 for months of September, October, November, and December, respectively. In the past, 10 percent of sales were on cash basis, and the collections were 50 percent in theShow MoreRelatedFinance1352 Words   |  6 Pagesfinancial manager differ from the traditional financial manager? Does the modern financial managers role differ for the large diversified firm and the small to medium size firm? The traditional financial manager was generally involved in the regular finance activities, e.g., banking operations, record keeping, management of the cash flow on a regular basis, and informing the funds requirements to the top management, etc. But, the role of financial manager has been enhanced in the todays environment;Read MoreFinance1074 Words   |  5 PagesCORPORATE FINANCE COURSE CORPORATE FINANCE 2.1 Working Capital Management Sept. 2014 Ir Frank W. van den Berg mba Vrije Universiteit, Amsterdam ALYX Financial Consultancy bv, Aerdenhout FWvdB/2014 1 OUTLINE CORPORATE FINANCE FWvdB/2014 †¢Ã¢â‚¬ ¯ Basics Guiding principles †¢Ã¢â‚¬ ¯ Time value of money + Capital Budgeting †¢Ã¢â‚¬ ¯ Valuation of CF + Bonds †¢Ã¢â‚¬ ¯ Valuation of shares (+ co.’s) †¢Ã¢â‚¬ ¯ Financial Analysis (Ratios) †¢Ã¢â‚¬ ¯ Financial Planning (EFN) †¢Ã¢â‚¬ ¯ à  Ã¯Æ'   Working Cap. Mgt. (A/R,Read MoreThe Finance1054 Words   |  5 Pagesrequires intentional short-term and long-term planning. More importantly, in order for capital management to be deemed successful, it is required that all members of an organization are on board. â€Å"Capital budgeting is not only important to people in finance or accounting, it is essential to people throughout the business organization†lt; /spangt; (Block, Hirt, amp; Danielsen, 2011). As the duration of the investment period increases, and the size of investment increases, the residual risk also increasesRead MoreEquity Finance And Debt Finance823 Words   |  4 PagesStockholders are those entities who provide a company with the risk capital such as preference share owners and ordinary share owners (Freeman and Reed, 1983). Generally, stockholderis one of long-term finance providers with the aim to maximize their wealth.According toBrickleyet al. (1985), long-term finance provi ders are more likely to focus on the matter whether the financial structure in the company is sound or not and the durability of profitabilityrather than temporary profits that a potentiallyRead MoreFinance, Economics, And Finance Essay1245 Words   |  5 Pagesalso studied business, management, economics, and finance. These courses impressed upon me the importance of the financial sector in the economy. Finance professionals have the unique responsibility of managing assets and analyzing risks to ensure the future success of a company or organization. It is difficult to overstate the importance of this role, as the financial crisis of 2009 showed. It is due to my understanding of the importance of finance and investment, coupled with my longstanding interestRead MoreFinance : Finance A Carry Trade1144 Words   |  5 PagesIn finance a carry trade is a strategy that consists of borrowing at a low interest rate currency to fund investment in higher yielding currencies. (Moffett) Th e country in which the investors borrow from is called the funding country and the country where the investment occurs is called the target country. (4) Carry trade is also termed currency carry trade; this strategy is speculative in that the currency risk is present and not managed or hedged. (Moffett) Although there are several complicatedRead MoreFinance, Banking And Finance Industry2170 Words   |  9 Pagescomplete your transaction and move on with your day. The last thing on your mind is how that transaction is taking place. You don’t care what happens behind the scenes as long as your money is where it needs to be and is safe. As the banking and finance industry has transformed, so has the process of how your money is handled. To accompany those changes, regulators and lawmakers create laws designed to protect consumers, banks, and the economy as a whole. As you will learn, the history of the bankingRead MoreFinance : Finance A Carry Trade Essay1144 Words   |  5 Pages In finance a carry trade is a strategy that consists of borrowing at a low interest rate currency to fund investment in higher yielding currencies. (Moffett) The country in which the investors borrow from is called the funding country and the country where the investment occurs is called the target country. (4) Carry trade is also termed currency carry trade; this strategy is speculative in that the currency risk is present and not managed or hedged. (Moffett) Although there are several complicatedRead MoreFinance998 Words   |  4 PagesPlant Improvements Total Investments: total investment in plant and equipment brought forward from the Production spreadsheet. Sales of Plant and Equipment : total sales of plant and equipment brought foraad from the Production spreadsheet. Common Stock * Shares Outstanding: The number of shares of common stock in the hands of shareholders. Reflect any issue/ retire stock transaction at the beginning of this year * Price Per Share: stock price as of yesterday’s close. Stock will be issuedRead MoreInternal Sources Of Finance And Finance Essay2349 Words   |  10 PagesInternal sources of finance: Internal sources of finance are funds that arise from within the business such as profits as they can be retained to grow the finance and selling assets. Retained profit Retained profit is the money kept in the company after paying dividends. It is used to reinvest in the business or to pay debt. It comes by a business after it makes profit and is kept separate to use in other ways such as expanding the business by developing new buildings or certain areas, buying new

Wednesday, May 6, 2020

The Components of an Information System Free Essays

The Components of an Information System A system is a group of components that work together to achieve a purpose. There are five components that make up an information system. The five components are Hardware, Software, Data, Procedures, and People. We will write a custom essay sample on The Components of an Information System or any similar topic only for you Order Now These five components make up every information system from the smallest system to the most complex system. The first component is the hardware, which are electronic components and related gadgetry that input, process, output, store, and communicate data according to the instructions encoded in computer programs or software. The second component is the software, which are the instructions for computers. The third component is Data, which are recorded facts or figures. The fourth components are procedures, which are instructions for humans to follow when working within an information system. The last components are the people that are involved. This includes those who operate and service the computers, those who maintain the data, those who support the networks, and those who use the system. All of these components make up an Information System. These five components together make up the Five Component framework, which are the five fundamental components of an information system. First you will need the hardware in order to start off your system. Then you must use the software in order to run you hardware. After you have set up your hardware and loaded up the software to run it, you will need data to input into your hardware. Once you have your data ready you will need procedures set in play to properly store your data within the system, and last you will need people in order to put in the data and keep the system up and running properly at all times. As you can see, you will need every component in order to ensure that you have a functional running information system Reference: Kroenke, D. M. (2013). Using MIS (5th ed. ). Upper Saddle River, NJ: Prentice Hall. How to cite The Components of an Information System, Essay examples

Monday, April 27, 2020

Subway Business Plan free essay sample

As part of our evaluation of your application, please carefully answer the following ten questions. If you have partners that will be on the franchise agreement, please have them answer these questions too. All answers and information you provide will be held in strict confidence. 1) Have you ever owned a business before? If so, how many units? Also, please tell us more about your professional background and education. Please include a current resume or CV. -CV Attached 2) Provide a detailed description of how you see yourself as a SUBWAY franchisee. List your duties and responsibilities, both short-term and long-range. -As a subway franchisee I do not see myself as a business owner but as a member of a team that is willing to work hard in order to achieve the goals and targets we set ourselves according to our 5 year business plan. Duties and Responsibilities: making sure that -the food we serve is fresh and properly prepared using the correct methods the service we provide is quick and excellent the levels of hygene in the premises are always maintained the Finances are always in order any complaints are properly dealt with should there be any we take proper steps to ensure that the marketing strategy whether local or national is implemented properly we run local promotions from time to time to bring more customers in. We will write a custom essay sample on Subway Business Plan or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page the safety at work procedures at properly followed to avoid accidents at work place 3) Provide a summary of your ideas on employee hiring, training, motivating, and management techniques. -The first step in employee hiring is to recognize the Job Description. With that in hand we can place an advertisement in the local newspaper and media. we can invite potential candidates to send in their CVs via email to speed up the process Use a checklist for hiring an employee and when going through the various applications, resumes and cover letters. It helps us systematize our process for hiring an employee. -Screen all applicants against this list of qualifications, skills, experience, and characteristics. -Check background Information, refrences and credentials as well as criminal history. we need to pursue every avenue to assure that the people we hire can do the job, contribute to our growth and development, and have no past transgressions which might endanger our current workforce. One key factor in employee motivation and retention is the opportunity employees want to continue to grow and develop job and career enhancing skills. In fact, this opportunity to continue to grow and develop through training and development is one of the most i mportant factors in employee motivation Expand the job to include new, higher level responsibilities. Reassign responsibilities that the employee does not like or that are routine. Provide more authority for the employees to self-manage and make decisions. -Invite the employees to contribute to more important department or company-wide decisions and planning. -Provide more access to important and desirable meetings. Provide more information by including the employee on specific mailing lists, in company briefings, and in our confidence. -Provide more opportunity to establish goals, priorities, and measurements. -Assign the employee to head up projects or teams. Provide the opportunity for the employee to cross-train in other roles and responsibilities. Enable the employee to attend an internally offered training session. This session can be offered by a coworker in an area of their expertise or by an outside presenter or trainer. Ask the employee to train other employees with the information learned at a seminar or training session. Offer the time at a department meeting or lunch to discuss the information or present the information learned to others -Enable the employee to attend an external seminar, conference, speaker, or training event. Pay for the employee to take online classes and identify low or no cost online (and offline) training. 4) Explain your short-term and long-range goals if y ou become a SUBWAY franchisee. Tell us in detail how you plan on attaining these goals. 5) Provide a summary of your marketing plans for your SUBWAY business. Using a calendar, draw up a marketing schedule and budget for the first six (6) months of the operation. Discuss distribution sources, promotional offers and the anticipated costs. 6) Provide a detailed breakdown of all monies to be invested to open your SUBWAY restaurant. List the amount of non-borrowed cash and convertable cash-equivalents you have available; include your banks details, property(s) you own individually / jointly with current market value, and amount of any outstanding loans against each individual property. 7) SUBWAY wants to recruit the best people to become franchise owners. Why should SUBWAY consider you? 8) How soon do you want to invest in a SUBWAY franchise? 9) What is the targeted time frame you want to open your SUBWAY restaurant? 10) Are there any questions that we can answer for you? Thank you for taking time to answer these questions. Sachin Kapoor-DA Raj, Punjab

Thursday, March 19, 2020

posters of the 1890s essays

posters of the 1890s essays The 1890's was the beginning of the first poster graphics. Not only have these posters been seen as advertisements but they are also looked upon as works of art. Two excellent examples of different work done during this period are Alphonse Mucha's Lorenzaccio (1898) and Henri Toulouse- Lautrec's Jardin de Paris (1893). Each poster is equally exquisite in it's line, style, color, composition, and perspective. Alphonse Mucha was born in 1860 and traveled to Paris in 1890. He designed posters in the fashionable "Byzantine" style of ornamentation. In Mucha's Lorenzaccio this can clearly be seen. The poster is a cropped image in the vertical "pillar" style with elaborate ornamentation through out. There is written word on the top and bottom as typical of many of his works. By the writing around the figure we can see that the poster was intended to be made for Sarah Bernhardt. The poster exhibits intricate, flowing line with sharp outlines. The active, curvilinear line dominates the picture. It's dramatic, decorative design can be seen through the dragon that looks straight into our eyes. There are distinct monochromatic colors of green, brown and red. Lorenzaccio is a heavily detailed, two dimensional poster with no middle ground. The subject is off in thought in the poster. The clothing she is wearing particularly adds to the active line. The background is extremely decorative. Altogether the poster is created with a compartmentalized composition. I would characterize Mucha's work in the Art Nouveau style because of his use of decorative style with simplified forms. His sharp, curvilinear line; full color tones, and Cloisonisme composition add to the stylistic qualities. However, I believe that Henri Toulouse- Lautrec's Jardin de Paris is especially well designed as the use of a poster and work of art. I prefer this poster better because of its different approach to advertising in a clear, eye catching way,...

Monday, March 2, 2020

Alien Registration Records

Alien Registration Records Alien registration records are an excellent source of family history information on U.S. immigrants who were not naturalized citizens. Record Type: Immigration/Citizenship Location: United States Time Period: 1917-1918 and 1940-1944 What are Alien Registration Records?: Aliens (non-citizen residents) living in the United States were asked during two different historical periods to register with the U.S. Government. World War I Alien Registration RecordsFollowing the beginning of United States involvement in World War I, all resident aliens who had not been naturalized, were required, as a security measure, to register with the U.S. Marshal nearest their place of residence. A failure to register risked interment or possible deportation. This registration occurred between November 1917 and April 1918. WWII Alien Registration Records, 1940-1944The Alien Registration Act of 1940 (also known as the Smith Act) required the fingerprinting and registration of any alien age 14 and older living within or entering the United States. These records were completed from August 1, 1940 to March 31, 1944 and document over 5 million non-citizen residents of the United States during this period. What Can I Learn From Alien Registration Records?: 1917-1918: The following information was generally collected: Full name (including maiden name for females)Current residence and length of residencePlace of birthSpouse’s name and residenceChildren’s names, sex, and years of birthParents’ names (including maiden name for mother), birthdates, and birthplacesNames, dates of birth, and current residence of siblingsWhether any male relatives serving in the military for/against USWhether registered for selective draftPrevious military or government serviceDate of immigration, name of vessel and port of arrivalWhether naturalized in another country Whether reported/registered with a consul since 1 June 1914Whether applied for naturalization or took out first papers; if yes, when and whereWhether ever taken an oath of allegiance other than to the United StatesWhether ever arrested or detained on any chargeWhether held a permit to enter a forbidden areaSignaturePhotographDescription of registrantFull set of fingerprints 1940-1944: The two-page Alien Registration Form (AR-2) asked for the following information: NameName at time of entry to the USOther names usedAddressDate and place of birthCitizenship/NationalityGenderMarital statusRace Height WeightHair Eye ColorDate, port, vessel and class of admission of last arrival in USDate of first arrival in USNumber of years in the USUsual occupationPresent occupationName, address and business of present employerMembership in clubs, organizations or societiesDates and nature of military or naval serviceWhether citizenship papers were filed and if so the date, place, and courtNumber of relatives living in the USArrest record, including date, place and dispositionWhether or not affiliated with a foreign governmentSignatureFingerprintNot all registrants provided all information. Where Can I Get Alien Registration Records?: WWI Alien Registration files are scattered, and the majority are no longer extant. Existing files can often be found in state archives and similar repositories. Existing WWI alien registration records for Kansas; Phoenix, Arizona (partial); and St. Paul, Minnesota can be searched online. Other alien registration records are available in offline repositories, such as the 1918 Minnesota Alien Registration records at the Iron Range Research Center in Chisholm, MN. Check with your local or state genealogial society to learn what WWI alien registration records might be available for your area of interest. WWII Alien Registration (AR-2) files are available on microfilm from U.S. Citizenship and Immigration Services (USCIS) and can be obtained through a Genealogy Immigration Records Request. Unless you have the actual alien registration number from an alien registration card in your familys possession, or from a passenger list or naturalization document, you will want to begin by requesting a Genealogy Index Search. Important: Alien Registration Forms AR-2 are only available for A-numbers 1 million to 5 980 116, A6 100 000 to 6 132 126, A7 000 000 to 7 043 999, and A7 500 000 to 7 759 142. If the subject of your request was born less than 100 years before the date of your request, you are generally required to provide documentary proof of death with your request. This might include a death certificate, a printed obituary, a photograph of the tombstone, or other document demonstrating that the subject of your request is deceased. Please submit copies of these documents, not originals, as they will not be returned. Cost: Alien registration records (AR-2 forms) requested from USCIS cost $20.00, including shipping and photocopies. A genealogy index search is an additional $20.00. Please check the USCIS Genealogy Program for the most current pricing information. What to Expect: No two Alien Registration Records are alike, nor are specific answers or documents guaranteed to be in each case file. Not all aliens answered every question. Turn-around time to receive these records averages about three to five months, so prepare to be patient.

Saturday, February 15, 2020


BIOGRAPHY ON THOMAS JEFFERSON, INCLUDE HIS WRITINGS - Term Paper Example He wanted to be remembered for the things people owed to him. His tombstone, which he designed for himself, read,† Here was buried author of declaration of American Independence, of the statute of Virginia for religious Freedom, and father of university of Virginia, Born April 2, 1743 O.S. Died July 4. 1826†, (Irelan,1888). Though, historians wanted to attach other triumphs as well, such as his expertise in linguistics, his distinction as an architect and an environmentalist, but readers of his life are well concurred with his own assessment.(Risjord,1994). MAJOR IDEAS: Thomas Jefferson promoted many philosophical theories such as natural rights, constitutionalism, which automatically leads to justice and democracy. He was a person who believed in equitable distribution of land. One of the major ideas of Jefferson were emphasizing on education’s importance in democracy. He extended the structure of educational system to four stages i.e., elementary school, grammar school, universities and lifelong learning. Jefferson was always known for his huge collection of books throughout the history. When the British burned the Library of Congress during the war in 1812, Jefferson was offered $23,950 for his 6000 volume library, which he agreed upon and sold. His uncountable efforts towards the development of educational sector are commendable. In 1819, he pressurized the Virginia legislature to employ a commission for the need of a university in the state. In 1825, University of Virginia was located in Charlottesville and accepted its first set of students in the year 1826. Thomas Jefferson took great pains for the establishment of University of Virginia. He not only designed the building and the whole campus himself, but also developed the syllabus and hired competent educationist at that time. He also coined the term aristocracy of merit, which signifies the importance of certain group of people who have unique tendencies. According to this, rewards are allocated to the best or those who have talents can rule the world.(Demille, ) Unfortunately, Jefferson’s view of education was limited to the Whites of the society. He also preached about the equality among human beings although he was one of the largest slaveholder, so apparently he excluded blacks or at least his own slaves from the territory of being considered as a human (Massner, 2008) He held an opinion that the states legislature should be the most powerful area due to this he was interested in writing the constitution of the state. EARLY LIFE Albemarle County Virginia, which was then called, Shadwell, was Jefferson’s birth place. He was born on 2nd April in the year of 1743. Thomas was Peter Jefferson and Jane Rudolph’s third child and eldest of the three sons. From Peter he inherited his energetic body and a love of mathematical subjects and a mind to formulate new ways of success and independence. After Peter’s death, Thomas was left with 5 acres of land and an established position and respect in the community (Malone, 1993). Due to his father’s inclination towards education, he had an opportunity of getting an excellent tutoring. He went to boarding schools and thus, excelled in languages. He took classes in William and Mary College at the age of seventeen in Virginia, where his majors were mathematics, science, philosophy, literature, rhetoric. He went to study law when

Sunday, February 2, 2020

International Management Ethics and Values Assignment

International Management Ethics and Values - Assignment Example >>>> answer each question with AT LEAST one paragraph 1. What is the difference between descriptive ethics and normative ethics? What role do values play in each of these two approaches to ethics? Provide examples to illustrate your points. Hints: define descriptive ethics and normative ethics? The importance (play important role in the ethical decision making) and the difference! Provide some examples. Descriptive ethics is founded on the belief that humans are ‘hard-wired’ to be selfish. That is, they are for the most part absorbed in fulfilling their own desires and goals. The capitalist economy is a good example of this instinct in humans, whereby, ‘greed is good’ is an accepted mantra for business corporations and individuals alike. Descriptive ethics promotes a ego-centric decision making model, whereby, an individual is morally entitled to pursue his own happiness through independent action. Cultural relativism is another term coupled to descriptive e thics. This school of thought contends that what is right or wrong is specific to the particular cultural milieu. Normative ethics, on the other hand, takes a more didactic approach to human action in that it prescribes ‘what’ is morally right through rational deliberation. ... 2. In practice, what can be said for and against utilitarianism, or a results-based approach to ethics? [Class 2a lecture file] Hints: define utilitarianism (act and role) advantages and disadvantages, define results-based approach! The utilitarian totem is ‘greatest happiness for the greatest number of people’. This objective for the evaluation of ethics is very appealing intuitively. It is also politically consistent with principles of democracy. But the issues with Utilitarianism crop up due to qualitative factors. For example, what exactly does ‘happiness’ mean? Moreover, are the values and conditions that create happiness universally the same? Even further, why should happiness or pleasure or utility be the arbiter of morality? Indeed, the purpose of moral inquiry is not so much happiness but justice. Under utilitarian ethics, the ends always justify the means. But to the extent that the means involve human action and assent, normative ethical evaluatio n comes into play. So, practical issues such as this have given Utilitarianism the tag of being an idealistic or utopian ethical system. 3. In practice, what can be said for and against deontology, or ethical theories of the right? [Class 3a lecture file] Hints: define deontology, advantages and disadvantages, define the theory of right! Deontology is a sharp contrast to Utilitarianism, in that actions are deemed right or wrong not through their consequences. In the contrary, those actions that are considered to be duties, including obligations, responsibilities and commitments are valued as moral. Deontological ethics aligns very well with the mandates of major religions of the world, including Christianity. For this reason, the theory has drawn criticism. It is easy to see how