We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Finance Essay Examples

Essay on Finance

Filter
Select category
Activity
Art
Business
Career
Economics
Education
Entertainment
Environment
Family
Food
Health
History
Housing
Human
Life
Literature
Nature
Philosophy
Psychology
Religion
Science
Society
State
Technology
World
Sort by
Building an Internally Compensation System

An effective internal compensation system will require careful planning as it will play a significant role even more so in workforce planning. The paper will go over the strategic process that will be implemented to provide a road map to ensure that the correct processes are in put place to facilitate the increased in the workforce. Necessity for Compensation Systems According to Martocchio (2017), internally consistent compensation systems undoubtedly outline the comparative value of each job among all jobs within…...

Role and Effectiveness of Auditing in Business

Globalization of the world economy, complexity of businesses, technological advancement coupled with allegations of fraudulent and inaccurate financial reporting have recently led to increased attention to financial auditing (Karagiorgos et al., 2009). Financial accounting is a process that involves collection and processing of financial data to help in making decisions by parties external to the organization (Deegan and Unerman, 2006). Financial auditing, on the other hand, is an objective assurance, independent, and consulting process designed to improve operations and add…...

Southwest Airlines

Southwest Airlines is an organization in the Airline industry and it has remained to be a competitive leader in this industry since its inception. It is the America’s largest low-fare carrier and domestically it serves huge number of customers than any other Airline. This organization operates more than three thousand flights daily. Southwest Airlines operate under an environment with intense competition; however, its marketing strategy has helped the organization to have a competitive advantage over its competitors. In all southwest…...

Save Time On Research and Writing

Hire a Pro to Write You a 100% Plagiarism-Free Paper.

Get My Paper
Evaluation of Corporate Performance at Hershey Company

Introduction Hershey Company History Hershey chocolate company was founded in the United States by Milton Hershey in 1909. The Hershey Company is a leading manufacturer of quality non-chocolate and chocolate and other chocolate-related grocery products in North America. The company has in excess of 80 brands around the globe and its annual revenues are about $ 7.1 billion. Some of the famous brands of Hershey Company include Jolly Rancher, Reese’s, Hershey’s, Ice Breakers and Hershey’s kisses (Bozich, 2009). Hershey Company…...

Public Finance as the study of income

Public FinanceIntroductionAccording to Hyman, 2010, the term public finance is defined as the study of how the government through rationing the use of government goods and services and funding their resource costs affects price incentives, production possibilities, and resource utilization. In the case, the author implies that the public finance sector is wholly identified as government related, and the private sector has very little influence on its activities. Chand, 2008, defines public finance as the study of income, debt, and…...

Effective resource allocation among the various economic systems

Effective resource allocation among the various economic systems Introduction Efficient utilization of economic resources by different economic systems        An economic system is scenario whereby goods and services produced in a country or an entity and the resources within are distributed within the existing subsystems. The subsystems in this context entail the combination of agencies, entities and consumers that make an economic structure of a certain community. Or the various sub structures within an entity. The interlinking capacity…...

International Game Technology IGT

International Game Technology (IGT) Introduction        The short term and long-term debt for International Game Technology as at 31st March 2014 stand at $ 1,426,400 and $ 1,760,500 respectively. The total liabilities for the company sum up to 3,186,900. This information is generated from the company quarterly report. The market value of equity of IGT is $ 3.98B and the outstanding share is $ 24M.        The debt ratio helps a company compare its total debt…...

The main elements of the Washington Convention 1965 on arbitration

Introduction             Many trade contracts on an international scale feature a clause in the arbitration process; it is the process taken in the incidence of a dispute.One main reason for opting for arbitration is that it allows the parties to the contract to select the legal principles and the rules to govern their contractual relations. This aspect of the trade agreements is commonly referred as the autonomy of the parties to the agreement.It is one…...

The ultimate financial plan balancing your money and life

Financial plans are written, structured approaches for sustaining financial fitness and attaining financial objectives. An individual might employ a financial planner or not, but it is a personal responsibility to consider and come up with a personal financial plan based on their unique preferences, circumstances and objectives. A personal financial plan is very crucial since it will help me to accomplish both short-term and long-run goals. My short-term goals are the goals I wish to accomplish in less than five…...

Business ratios and formulas a comprehensive guide

Net profit margin of the company shows how much the profit after-tax profit made by a business for every $1 generated in revenue or sales (Bragg, 2008). A higher net profit margin is better in comparison to that of its competitors. In 2011 and 2012, Tesco was more profitable followed by Morrison’s Supermarkets PLC. However, in 2013, Morrison’s Supermarkets PLC was more profitable followed by Sainsbury.Roce This financial ratio measures the profitability and efficiency of a company with which its…...

Sales And Marketing of SureCut Shears

There were many compounding factors that caused SureCut Shears to be unable to pay its bank loan by March 31, 1996. When looking at the pro forma income statement as compared to the actual income statement we see the following inconsistencies, which are contributing to SureCut’s financial problems: Anticipated Actual Dollar Loss Contributed Sales25,80022,9872,813 COGS (% to Sls)70.5%73.8% 768 Gross Profit (% to Sls)29.5%26.2% SG&A Expenses (% to Sls)9.4%10.6% 269 Total dollar loss contributed by increase in expenses 1,037 Total…...

Basic Economic problem of Scarcity

The basic economic problem of scarcity refers to the situation in which finite factor inputs are insufficient to produce goods and services to satisfy infinite human wants. It is incontrovertible and irrefutable that all societies face the basic problem of scarcity due to limited resources and unlimited wants. Scarcity makes it necessary for us to make the most of what we have. In trying to obtain the highest level of satisfaction from available resources, good or rational choices have to…...

Misstatements and Principles of Organization's Auditing

Justin Kealey, Certified Public Accountant, is auditing Tustin Companies, Inc. Kealey has actually collected known and likely misstatements for the present year to evaluate whether there is a sufficiently low threat of product misstatement of the financial declarations to provide an opinion. Nevertheless, Kealey notes that there are several misstatements that have been carried over from previous years. Distinguish between the iron drape and the rollover approaches to considering the misstatements from prior years In factor to consider of an…...

Cash Flow Problems and Solutions

Sharma and Ryan are planning to share ownership of the business SIGNature Ltd. The business will manufacture plastic road signs for builders, tourist attractions and local councils. It is imperative that the business are continually monitoring and controlling their cash flow if they aim to survive, specifically making sure there are sufficient funds to cover immediate spending. However, SIGNature Ltd. should avoid holding too much cash as this is an unproductive asset, as the business could lose out on the…...

Financial Institution - Credit Card Transactions

First World Savings and Loan is a financial institution that processes credit card transactions and loan applications online. We are currently considering implementing an open source infrastructure. This could potentially save us over $4,000,000 per year in licensing fees for the software we are currently using. However, due to our business needs; we must still comply with the Sarbanes-Oxley Act (SOX), Payment Card Industry - Data Security Standard (PCI-DSS), and the Gramm-Leach-Bliley Act (GLBA). We must comply with SOX, because…...

Krispy Kreme

What can the historical income statements (case Exhibit 1) and balance sheets (case Exhibit 2) tell you about the financial health and current condition of Krispy Kreme Doughnuts, Inc.? The historical financial statements can tell us a lot about the financial health and condition about Krispy Kreme or any other company. By utilizing some key financial ratios we can determine how the company compares year over year as well as against competitors in many ?different dimensions. These dimensions include short…...

Ratio Analysis Memo

The liquidity, profitability, and solvency ratios reveal some interesting points about Kudler Fine Food’s financial position. The liquidity ratios revealed that during 2002 and 2003, Kudler was having no trouble paying short-term debt. However, the current and acid-test (quick) ratios showed that during 2003 Kudler had an excess amount of cash that they were not investing properly. These ratios also showed that Kudler was collecting receivables and selling average inventory very quickly. The profitability ratios revealed that during 2002 and…...

Dhaka Stock Exchange Collapse of 2010—2011

Dhaka Stock Exchange (Generally known as DSE) is the main stock exchange of Bangladesh. It is located in Motijheel at the heart of the Dhaka city. It was incorporated in 1954. Dhaka stock exchange is the first stock exchange of the country. As of 18 August 2010, the Dhaka Stock Exchange had over 750 listed companies with a combined market capitalization of $50.28 billion. History First incorporated as East Pakistan Stock Exchange Association Ltd in 28 April 1954 and started…...

Pestle, Porter and SWOT analysis of Lukoil

LUKOIL, a vertically integrated oil company, and carries out exploration, acquisition, integration and subsequent efficient development of oil and gas fields outside the Russian Federation to facilitate the transformation of LUKOIL into a transnational energy corporation. LUKOIL operates in 25 countries (the most major of them are Russia, Azerbaijan, USA, Georgia, Turkey and Czech Republic). Net income in 2013 is $3.105 billion. Basic earnings per share – $4.11. The Company’s 2012 net income rose by 6.2% and reached record $11,004…...

New Century Financial

Describe and evaluate New Century’s business model? New Century Financial Corporation, headed by founders Brad Morrice, Edward Gotschall, andRobert, was a firm which specialized in subprime mortgages. The company originated, sold, andserviced subprime home mortgage loans. New Century was structured as a real estate investment trust (REIT) and was composed of two operating divisions. The Wholesale Loan Division, known as New Century Mortgage Corporation, comprised 85% of the firm’s loan originations, while the Retail Mortgage Loan Division operated under Home123 Corporation. New Century Mortgage…...

Absorption vs. Variable Costing

This case study will look at Jokkmok Industries and one of its managers, Mr. Rosen, who is bucking for a promotion to CEO. His division uses absorption costing and has the ability to produce 50,000 units a quarter with a fixed overhead amount of $600,000. While the sales forecast shows that the company will only sell 25,000 units during each of the next two quarters, Mr. Rosen wants to double his budgeted production for the second quarter from 25,000 to…...

Causal Argument

In a split congress, our government tends to bicker among minor issues, which leads to turmoil among the nation. With a deadline for the 2014 fiscal year budget, our congress couldn’t agree on the amount of money being funded to Obamacare and the Medical Device Tax. Republicans fought for cutting of Obamacare funding, while the Democrats opposed and eventually won out. As October 1st approached, Republicans made a proposed budget that cut the funds for Obamacare that would cripple it…...

Competitiveness For Financial Value Creation

"Seriously go over to what degree Porter's Diamond is a helpful idea in explaining house and host area methods of global organisation? Show your answer with referrals to at least two case companies" The primary objective of International service is to develop and sustain competitiveness for financial value creation in both domestic and abroad markets (Besanko et al. 2007). Internalisation company theory however has a variety of designs that can identify the ecological analysis of specific nations. These models are…...

The three types of Compensation and Benefits

Compensation and Benefits comes in many different forms. The major goal for compensation and benefits is to reward employees for services provided by an individual for the benefit of the organization. It’s a set of programs, aiming to achieve and attract capable workers to a particular business. Compensation and benefits also helps motivate employees towards superior performance and retaining these services for a long period of time. There is a wide range of different types of compensation and other benefits.…...

Cadbury Report

Introduction Initial business governance developments in the UK began in the late 1980s and early 1990s in the wake of business scandals. Cadbury Report (1992) specifies 'Corporate Governance as An Act of governing by the board of Directors". Financial reporting irregularities resulted in the establishment of the 'Monetary Elements of Corporate Governance Committee' led by Sir Adrian Cadbury. The resulting Cadbury Report published in 1992 detailed a number of recommendations around the separation of the role of an organisation's president…...

The Payment of Wages Act 1936

For the completion of this study we don’t deserve all praise. First of all we are grateful to Allah. Any work like this credit must be goes to multiple people. Over the year, instructors of Jagannath University in the department of management studies have provided us valuable insights into the management, through their discussions and in attending various classes. This is our humble effort to present gratitude in writing this “Report on the Payment of Wages Act 1936” which we…...

Dividend Policy

Introduction Refer to Figure 1. Would you say that Montgomery’s policy up to now has been to pay a constant dividend, with occasional increases as the company grows? Montgomery has maintained the dividend policy of paying a regular dividend to their stakeholders. This steady dividend policy increases every time the firm produces. Since 200, the amount committed to paying dividends has grown each year, but particular emphasis has been placed on the figures that show dividends paid on every share.…...

Financial Statement Analysis

Introduction The use of financial ratio is very common in accounting and finance process. These ratios are used for evaluation of a business performance, as well as identifying potential problems. Each ratio is used to inform about various factors like the solvency, earning power, and debt load of the business. These ratios measure the relationship arising between two or more modules of the financial statements and pose a greater meaning if the results are compared to industry standards of businesses…...

Stakeholders Compensation System

There are five different stakeholders of a company compensation system and the human resource department provides them within and outside the companies. They are as follow: Employees, line managers, executives, unions, and US government. Stakeholders is performance-based compensation that focuses everyone in an organization on long-term while providing unlimited compensation opportunities for those who make it happen. This will create a strategic planning and compensation in an organization. (Higgins, 2006) Employees, are an important part of any organization or company.…...

Liquid Assets in Firm

What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times? Almost every action of company has financial implications, manager responsible for or with oversight of cash flow get directly involved in many functional areas of the business. Cash flow manager although in large company the financial management function may be broken down into various segments and the cash flow management segment may concern itself…...

Compensation of special groups: A Sports Sales Plan

Of the above information, what is most important in your design of a sales incentive plan for the three sales staff? How does this information affect your plan design? In order to increase the sales there should be an analysis that will identify how to create a plan that will motivate employees to sale more premium tickets which are more expensive but it will bring an ultimate balance of maximizing profit based on the sales. If all premium seats are…...

Operational Budgeting and Profit Planning

Introduction: Why Budget? While a budget planning is a laborious process it is crucial for the success of any company. The budgeting process forces managers to be proactive in planning for the future while fostering communication and coordination within a company. Different departments must work together in order to develop a proper budget. A properly formulated budget will aid to define a company’s objectives and provides guidelines to avoid wasted actions. Also, risk can be mitigated when objectives and action…...

Project Scope Сomplete Kitchen Remodel

Business Requirements A complete kitchen remodel is proposed and will be located at Sponsor Representatives residence. Background The residence will contain new cabinets, countertops, flooring and hardware that will update current kitchen in existing materials and result in major investment increase of the value and marketability for resale Business Opportunity An analysis based on interviews and inspection of the Sponsor Representative’s residence revealed that the current kitchen is outdated. The remodel will update the kitchen and increase the value of…...

Law and Real Estate

Executive Summary Pacific Grove Spice started as a small specialty grocer on the Monterey Peninsula of California in the early 1980s. Within 10 years they were the “place” to find spices in Central California and now have a widespread reach covering all 50 states. The spice industry that it is in has been growing steadily because of how important a role spices are getting in the kitchens and in cooking. The growing concern about obesity and diet has also left…...

Distinction between Microeconomics and Macroeconomics

Microeconomics is the study of individual economic units of an economy whereas macroeconomics is the study of aggregates of an economy as a whole. For example, when we study of an individual sugar mill manufacturing sugar, our study is micro analysis but if we study the entire sugar manufacturing sector of the economy, our study is macro analysis. Also please note if we study the problem of production of a firm, our analysis is micro study but if we study…...

Preference Share and Convertible Note

The issue to be considered here is if the legal form of a preference share or a convertible note is paramount or more important than all other things? I do believe this statement is not appropriate and the substance of a preference share or a convertible note is more important than the legal form. Body From the perspective of users, the disclosure in financial statements is the most vital approach to provide information about the financial position, performance and changes…...

Challenges of restaurants facing in HK

INTRO: It is well known that Hong Kong is a food paradise given that there is a selection of kinds of food and a wide variety of dining establishments can be founded in Hong Kong. Business of restaurants plays an important function in the food service sector in Hong Kong and it is acquiring momentum due to the variety kinds of food offered. Nevertheless, due to the cost, labor and competitors aspects, Hong Kong dining establishments are dealing with obstacles…...

Employment Law Compliance Plan

As you begin the venture of establishing your new business, hiring your first employee or building an entire team of employees brings forth a whole new area for compliance regarding employment and labor laws; this includes both federal and state laws. Atwood and Allen Consulting has compiled an Employment Law Compliance Plan specifically for Landslide Limousines so that you are aware of any and all laws you must abide by as a new employer. Outlined below you will find a…...

Are You on a Short Deadline?
Let a Professional Writer Help You

Get help
Check Writers' Offers
It’s FREE

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
Back
2/4 steps

How Many Pages?

Back
3/4 steps

Sign Up and Get Writers' Offers

"You must agree to out terms of services and privacy policy"
Back
Get Offer
Write my paper
image

Your Answer is very helpful for Us
Thank you a lot!