Finance Essays

There’s been an alarming uptick in the number of street beggars around lately, especially at major intersections. A typical scene goes like this. The panhandler hoists a cardboard sign desperately pleading for help. He (or increasingly — she) approaches the driver’s window of cars waiting at red lights. Once traffic …

This is a fictious case based on real world situations. Although the primary focus is the dividend policy decision the situation of the company has been influenced by its corporate strategy and this case offers the opportunity to also consider the behavioural, management, and general business issues. The case questions …

The International Monetary Function is provide short terms credit to member countries for meeting temporary difficulties due to adverse balance of payments, reconciling conflicting claims of member countries, provide a reservoir of currencies of member-countries and enabling members to borrow on another’s currency, promoting orderly adjustment of exchange rates and …

1. The company first should focus on hospitals consisting of many High Risk and very High Risk patients because they are most likely to have to pay for additional $ 8000 if there is any complication or death occurring. Therefore, if they can reduce the chance of paying additional money, …

Fly-By-Night International Group: Can This Company Be Saved? Douglas C. Mather, Founder, Chairman, and Chief Executive of Fly-By-Night International Group (FBN), lived the fast-paced, risk-seeking life that he tried to inject into his Company. Flying the Company’s Learjets, he logged 28 world speed records. Once he throttled a company plane …

1. An auditor is performing an analytical procedure that involves developing common-size financial statements. This technique is referred to as: a. Vertical Analysis 2. Assertions that have a meaningful bearing on whether an account balance, transaction class or disclosure is fairly stated are referred to as: a. Relevant assertions 3. …

1. What is the key goal that guides the decisions of financial managers? What challenges do financial managers face when they try to find the best sources and uses of funds to meet this goal? Historically, the goal for them has been to maximize the value of the firm to …

Have you ever had a shirt or some socks that you believe have always brought you luck? If you have, you would be considered a believer of superstitions. A superstition is a belief that is contrary to reason. It gives a magical explanation to different objects and occurrences that cannot …

Efforts to Reduce the Budget Deficit. The rapid growth of the national debt alarmed some politicians and created pressure for restricting Congress’s unlimited ability to spend. After reviewing Chapter 10, Section 10.2: Efforts to Reduce the Deficit, write a 2-3 page paper, formatted according to APA style as outlined in …

1. Sydney Industries, Inc., is considering a new project that costs $30 million. The project will generate after-tax (year-end) cash flows of $8 million for five years. The firm has a debt-to-equity ratio of 0.25. The cost of equity is 12 percent and the cost of debt is 7 percent. …