Finance

The establishment of a business venture especially during this time when the world economy is just recovering from the recent recession has become a challenge for individuals as well as companies. One of the challenges facing the organizations is lack of adequate financial services and lack of security to access loan from the financial institutions. Due to the high amount of capital needed in the ship industry especially the initial costs of acquiring the vessels and the formal procedures of purchasing,...

Q.1     The main roles and responsibilities of the Assistant Chief financial Officer include managing the administration of financial aid through enforcing financial procedures, documentation and keeping records tracking, planning, following up and scheduling for interviews. This officer is also responsible for motivating and managing the staff towards ensuring that the available finances are utilized properly and that the employees are well remunerated. The A.C.F.O is also responsible...

Third party credit card processors refer to the company that is supposed to accept the payments of the credit cards on your behalf. They are also responsible for processing the payments that are paid by the customers. Finally, you as the retailer are paid minus a fee charged as the commission by the third party merchant. It is not necessary to pay for high cost fee of processing, monthly fee or the minimum fee of the transaction. The customers may not loose money on this because they only pay a...

Question IAn agency problem does exist between Shareholders, who are the actual owners of any organization, and its agents or the management of the organization. Both the parties involved, the Shareholders and the management have different perspectives of creating wealth and distributing the same, and it is important to understand their respective perspectives to understand d the perennial problem between them. The agency problem is even more evident when the management is in the hands of a select...

    I have been giving a thorough thought to the very thought of presenting an account of Nikes performance during the last couple of years. And I find this year better than any, primarily because it will enable me to exhibit the real strengths which the company possesses and employed to bear economic shocks of recession and come out of it shinning. It is quite tempting for me to present you, all that we have achieved in the last five years, but instead I will follow a scheme which...

A financial reform bill is produced in Washington with speculation whether the new law would alter swaps trading once it is formally passed. This law seems to come as a relief to the banks which have had dominance on over-the-counter derivatives. This is so because, according to the new legislation, banks will no-longer use separate entities in revolving off derivatives such as interest rate (Mackenzie, 2010). Despite the fact that some commodities such agriculture, energy can be cleared, their...

Starbucks began operating in 1971 in Seattle. By 1992, it had grown into a public company with over 160 outlets. Starbucks Corporations shares are listed and traded NASDAQ, under the trading symbol SBUX. While it initially started with roasting and selling coffee, tea and spices, Starbucks Corporation of today has a lot more to offer. (Company Profile, 2010) Type of Products OfferedStarbucks Corporation sells 30 blends and single origin premium Arabica coffees, fresh brewed coffee, hot and iced...

Financial forecasts are projections of future financial outcomes for firms. These financial forecasts are based on the firms past financial statements and sales revenue, which are used in combination with the market and economic indicators to foresee the possible financial occurrences that are likely to emerge within a given period of time, usually in a financial year. This is the means by which economists are able to predict either better or poor financial prospects for a given firm (Besley and...

PART A Hedging Techniques and Cash flowsHedging has been defined in various ways to mean the approach which a company utilizes to eliminate foreign exchange risk while still maintaining its business operations with regard to financial transactions with other countries (Oliver, 2000, p. 41). It follows therefore that when corporations are dealing with payables and receivables, they must exchange their home currencies with foreign currencies and vice versa. Following the increased volume of world...