Tag: Finance

“Effects of adapting International Financial Reporting Standards (IFRS) on the Financial Statements and Reporting Quality of the Micro Finance Institutions in Uganda”

1. Introduction: Over the years Microfinance has become a diverse and growing industry. There are over hundreds of institutions in Uganda providing micro finance services (check website), ranging from grass roots self-help groups and NGOs to commercial banks that provide financial services to millions of microenterprises and low-income households. These Microfinance Institutions (MFIs) receive support …

The changes of Phillips curve under global economy, from two aspects of international trade and international finance to discuss Phillips curve —relationship between inflation and unemployment.

Introduction During the Great Depression which was a severe worldwide economic depression in the decade preceding World War?, western countries experienced the high unemployment rate. In 1936, Keynes who is a British economist published the famous “The general theory of employment, interest and money”. The theory was helpful for policy makers to tackle unemployment. (Mankiw,G …

Financial Crises and Corporate Finance: Causes, Context and Consequences

1.0 Introduction – background to financial crash of 2007-8 This essay will examine the background and unfolding of the 2007-2008 financial crisis and its impact on the theory and practice of corporate finance. I will analyse whether changes to the way the financial and non-financial corporate sector operated over recent years contributed to the depth …

Student: Finance and Foods Market

FI-516 – WEEK 2 – MINI – CASE ASSIGNMENT Select a major industrial or commercial company based in the United States, and listed on one of the major stock exchanges in the United States. Each student should select a different company. Avoid selecting an insurance company or a bank, as the financial ratios for these …

Finance Strategy

Strategic Corporate Finance Required Articles/Cases (Included in Harvard Course Pack) The following is a list of articles you will find when you register with HBR and purchase the Course Pack. Cost of Capital (CAPM, WACC): Case: Midland Energy Resources, Inc. : Cost of Capital (Brief Case), Joel L. Heilprin, Timothy A. Luehrman (Product number: 4129-PDF-ENG) …

Practice Problems International Finance

Chapter 4 Practice Problems Percentage Depreciation • Assume the spot rate of the British pound is $1. 73. The expected spot rate one year from now is assumed to be $1. 66. What percentage depreciation does this reflect? • ($1 66 – $1 73)/$1 73 = –4. 05% ($1. 66 $1. 73)/$1. 73 4 05% …

Income statement and what the income statement tells about the company

The following paper will talk about the income statement and what the income statement tells about the company including why this statement is important and what business decisions can be made using the income statement. Also, the paper will talk about the balance sheet and what the balance sheet tells about the company. Also, the …

Finance – trends Elecdyne

Task 1. 1: 1. There are some key trends which may have infections to Elecdyne during the next 5 years, those factor are shown as follow: •Globalization in all industry may become a very important trend to the company. Because all of the top management team have learnt English, and several of them have studied …

Finance Case

CASESTUDY: Goodweek Tires, Inc. After extensive research and development, Goodweek Tires,Inc. , has recently developed a new tire, the SuperTread, and must decide whether to make the investment necessary to produce and market the SuperTread. The tire would be ideal for drivers doing a large amount of wet weather and off-road driving in addition to …

Answer to the Corporate Finance

Chapter 14 Capital Structure in a Perfect Market 14-1. Consider a project with free cash flows in one year of $130,000 or $180,000, with each outcome being equally likely. The initial investment required for the project is $100,000, and the project’s cost of capital is 20%. The risk-free interest rate is 10%. a. What is …

High School Finance Teacher

Accrual vs. Cash Basis Accounting Alicia Wiley Grantham University Abstract In this paper I have defined accrual and cash basis accounting. Also, I have answered the following questions: Explain the difference between the accrual basis of accounting and the cash basis of accounting. What are the major reasons for using accrual accounting? What are the …

International Finance

True/False ____T__ 1. Multinational financial management requires that financial analysts consider the effects of changing currency values. __F__ 2. Legal and economic differences among countries, although important, do NOT pose significant problems for most multinational corporations when they coordinate and control worldwide operations and subsidiaries. Comment: Legal and economic differences among countries do affect the …

Finance Case Study

INSTRUCTOR: Mr. Konstantinos Kanellopoulos, MSc (L. S. E. ), M. B. A. COURSE: MBA-680-50-SUIII12 Corporate Financial Theory SEMESTER: Summer Session III Case Study The Many Different Kinds of Debt (solutions) Konstantinos Kanellopoulos 22nd August 2012 CASE STUDY ON The many different kinds of debt It was one of Morse’s most puzzling cases. That morning Rupert …

Corporate Finance Essay

Corporate Finance Essay Most corporate financing decisions in practice reduce to a choice between debt and equity. The finance manager wishing to fund a new project, but reluctant to cut dividends or to make a rights issue, which leads to the decision of borrowing options. The issue with regards to shareholder objectives being met by …

Finance

Problem 7: Ratios and Financial Planning at East Coast Yachts Dan Ervin was recently hired by East Coast Yachts to assist the company with its short-term financial planning and also to evaluate the company’s finished performance. Dan graduated from college five years ago with a Finance degree, and he has been employed in the treasury …

Principles of Modern Finance Sample Midterm

Principles of Modern Finance Spring 2013 Sample Midterm February 22, 2012 Instructions • You have 1 hour and 40 minutes. • The exam is out of 25 points. • There are 22 multiple-choice questions. 19 questions are worth one point, 3 questions are worth two points and are marked as such. • If you get …

Ba Finance

7BSM1006 Managing Financial Value Drivers Coursework Semester A 2012 Assessment weighting 60% Bellingham plc Arthur Scroggs was a farmer. His family has owned and farmed 500 acres of prime land in the Vale of Aylesbury for four generations. In the mid 1980’s small farms were finding the financial climate difficult with falling farm incomes and …

Finance and Short Term Debt

EncanaCost of Capital Before calculating the cost of capital I’ll calculate cost of equity and cost of dept and capital structure for ENCANA: 1 Cost of Debt: ENCANA cost of debt included cost on short term debt , long term debt and publicity traded interest amount 1. 1 Short term Debt: Short term obligations (Ex. …

Corporate Finance

There is nothing like optimum capital structure for a firm. The Optimal Capital structure is that Capital Structure at which the weighted Average cost of capital (Ko) is Minimum. It is that combination of Equity and Debt at which the total cost of capital is mini-mum. Trade-off theory argues that there’s an optimal amount of …