Finance Essays

1. How does money make the exchange process easier? What would shopping be like if money didn’t exist? A= The exchange process becomes much easier because instead of having to look for that one person to trade with who may have a need for a your item or value, you …

1. The two major sources of short-term financing are a) a line of credit and accounts payable b) accounts payable and accruals c) a line of credit and accruals d) accounts receivable and notes payable 2. Tangshan Mining was extended credit terms of 3/15 net 30 EOM. The cost of …

Cartwright 1. Why has Cartwright Lumber borrowed increasing amounts despite its consistent profitability? Cartwright lumber has had to borrow substantial amounts of money due to the fact that the firm is a growing company with sales rising quickly. In order for the company to sustain this growth rate, they will …

I am working with Norvella Investments, a small, family-owned real estate investment and general contracting business located in Chesapeake, VA. The company has been successful and has increased revenue consistently over the last two years by marketing, operating and purchasing materials domestically and globally, but specifically in Europe. By networking …

Weakness 1. Increases in costs of goods sold (85m) and inventories(18m) disproportionate with growth of sales 2. Current purchasing system contributed to redundant purchasing and high inventory holding costs 3. Siti Aminah (CFO) has no experience in system and technology 4. Internal control weaknesses: Purchasing system Current purchasing system contributed …

Which approach is best as an international strategy? Why? The best approach for an international strategy would be external growth. The external strategy is developed based on different ways to increase the companies net worth. External growth focuses on building multiple relationships with business partners or different franchises in order …

The Lawrences’ Version of Financial Planning Rob and Lisa Lawrence are a married couple in their mid-20s. Rob has a good start as an electrical engineer and Lisa works as a sales representative. Since their marriage four years ago, Rob and Lisa have been living comfortably. Their income has exceeded …

Introduction Wyndham Stores operates a regional chain of upscale department stores. They plan to open another store in a prosperous and growing suburban area. The company’s Vice President of Marketing is in favor of buying the new building site and building a new building on the property. The projected cost …

What were the individual factors that contributed to the failure of Enron? Briefly explain two key factors. In the repercussion of Enron’s bankruptcy filing, numerous Enron executives were charged with criminal acts. Those charges were fraud, insider trading and money laundering. Enron was described as “House Of Cards” as it …

Sometimes, the only way to stop a snowballing debt problem is to go back to the top of the hill and find out what started it. If you are having problems due to your credit card debt, take a step back and recount your money missteps. Knowing your weaknesses could …