1. Which one of the following is a means by which shareholders can replace company management? A. stock options B. promotion C. Sarbanes-Oxley Act D. agency play E. proxy fight 2. Decisions made by financial managers should primarily focus on increasing which one of the following? A. size of the firm B. growth rate of the firm C. gross profit per unit produced D. market […]

The Microsoft Code of Professional Conduct is put in place to reinforce the mission of promoting professional conduct in the practice of financial management worldwide. All employees are expected to adhere to this code or the results may include disciplinary action or termination of employment. The code asks that employees avoid conflicts of interest between personal and professional relationships, provide stakeholders with accurate and timely […]

This report will concentrate on the performance of the two aviation companies, Hong Kong-based Cathay Pacific Ltd. and Singapore-based Singapore Airlines. The report will try to help the potential investor in the Asian airline industry to assess the prospects of both companies and their riskiness in regard to each other and the industry as a whole as well as the returns both companies have to […]

1.INTRODUCTION The financial industry encompassing banking, financial services and insurance companies play a very important role in the economy of any nation, and are therefore important in ensuring liquidity in the economy. They are strategically positioned to accept savings from customers, and provide loans to consumers and businesses for a reasonable profit. Their importance therefore lies in their ability to ensure consumers get value for […]

In United States the Congress had passed the Medicare Prescription Drug, Improvement and Modernization Act of 2003 or MMA and with this imposed a stoppage for 18 months on the starting of new physician owned specialty hospitals. At the same time, they also wanted to know the position regarding certain matters of physician owned heart, orthopedic and surgical specialty hospitals through MedPAC. The team visited […]

PFI Principles The PFI, known as Private Finance Initiative, is a type of Public Private Partnership procurance method implemented in UK building industry in 1992. ( Chinyio and Gameson, 2009 ) As an of import portion of Government ‘s scheme for presenting high quality populace services, Private Finance Initiative requires the private financers to set its ain capital at hazard to present clear defined public […]

Tesco now offers 21 financial products and services from loans and savings accounts to credit cards and insurance. It is the UK’s third largest online car insurer with over 1. 4 million active car insurance policies. It is continuously trying to improve its offer for customers and now offers the opportunity to purchase travel money in-store, by providing kiosks in seven stores. To date, over […]

Consider a project to produce solar water heaters. It requires a $10 million investment and offers a level after-tax cash flow of $1. 75 million per year for 10 years. The opportunity cost of capital is 12 percent, which reflects the project’s business risk. Suppose the project is financed with $5 million of debt and $5 million of equity. The interest rate is 8 percent […]

Introduction Aim: The aim of the study is to examine the effect of the adaptation of International Financial Reporting Standards (IFRS) in the Micro Finance sector in Uganda and clarify the differences on the financial statements and reports. Objective: The major objective of the study is to gain an extensive understanding of the Micro Finance sector in Uganda and to identify the effects caused by […]

Study Guide Test 1 Small Business BSMG 2410 TEST 1 REVIEW MULTIPLE CHOICE 1. How a business plan can be useful. A working blueprint outlining ? nances and direction for a new start-up or expansion. Gives you something you “see”. 2. The doorways to small business ownership. There are three doorways to small business ownership. 1. Buy an existing business. 2. Buy a franchise 3. […]