SEMINAR IN ECONOMIC POLICY THESIS IMPACT OF WORKING CAPITAL MANAGEMENT ON PROFITABILITY THE CASE OF KSE QUOTED OIL & GAS (E&P) FIRMS KHALID HAMEED SHAIKH (9102) INSTITUTE OF BUSINESS MANAGEMENT (IoBM) SECTION A December 28‚ 2011 IMPACT OF WORKING CAPITAL MANAGEMENT ON PROFITABILITY THE CASE OF KSE QUOTED OIL & GAS (E&P) FIRMS Abstract: This research report investigates the effect of working capital management on the firm’s financial performance. The report hypothesize
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260 JOURNAL ECONOMICSAND FINANCE 9 Volume28 9 Number 2 9 Summer 2004 OF THE CAUSAL RELATION BETWEEN GOVERNMENT REVENUE AND SPENDING: EVIDENCE FROM EGYPT AND JORDAN By Bassam AbuAI-Foul and Hamid Baghestani* Abstract In investigating the causal relation between government revenue and spending‚ our empirical results support the tax-and-spend hypothesis for Egypt and the fiscal synchronization hypothesis for Jordan. Breaking away from these historical trends is essential for both countries to
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BUS: 203 Essentials of Finance Homework Assignment 4-1. case B You are interviewing for an entry-level financial analyst position with Zeppelin Associates. Monte Rutledge‚ the senior partner‚ wants to be sure all the people he hires are very familiar with basic accounting principles. Month and day reference are for the current year. Revenues 110‚000 70‚000 210‚000 Expenses
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Chapter 2 problem 2-8‚ p. 79 The Wendt Corporation had $10.5 million of taxable income. a. What is the company’s federal income tax bill for the year? Answer: $10.5 x 0.35 = $525‚ 000.00 b. Assume the firm receives an additional $1 million of interest from some bonds it owns. What is the tax on this interest income? Answer: $1‚000‚000.00 x 0.35 = $350‚000.00 c. Now assume that Wendt does not receive the interest income but does receive an additional $1 million as dividends
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ME S AB (via Del TMar‚ Solana Beach‚ Encinitas & Carlsbad) E L AR A SG WN DR CO UNTR Y C RE ME 56 15 S PR 101 BREEZE Rt. 101 continues to Oceanside M CAR E R AN CH O LIA WIL TEDKWY P MS ING S DE L MAR HE IG HTS R D PK WY UCSD Pass: Torrey Pines State Res RD C r 10‚ Routesa3‚m e l 30‚ 41‚ 101‚ 150‚ 201/202‚ 204‚ 921 Valley CARMEL MTN RD 844 C AR EL M M TN RD R ANC HO S ab re S p ri n g s D Y R WA
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Over the years‚ taxation has been taken as a veritable source of funding public sector activities as well as bein g an econ omic tool for the management of the con sumption‚ in vestment‚ and pr od uction patterns. In most d eve lopin g countries‚ the imposition of various forms of taxes has been with out some for ms of feed back on the effectiveness/efficien cy of such taxes. This stud y attempts to appr aise the usefulness of the tax system in Nigeria‚ usin g Value Added Tax system
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ocular albinism. Oculocutaneous albinism affects the hair‚ skin‚ and eyes whereas ocular albinism only affects the eyes. In regards to discovery‚ albinism was a known disease for a very long time‚ but it was first recorded and researched by Sir Archibald Edward Garrod in the early 1900’s (Knox). By 1908‚ Garrd had developed a presentation/lecture from the data that he collected on the non-visual aspects of albinism‚ such as the affects that albinism has on the immune system and metabolism. At that
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On May 3rd‚ 1913‚ five California entrepreneurs set out to invest in the first American commercial-scale bleach factory. Edward Hughes‚ Charles Husband‚ William Hussey‚ Rufus Myers‚ and Archibald Taft each invested $100 on the start of the bleach factory‚ which was to be located in Oakland‚ California on the east side of the San-Francisco Bay. Later that year the company acquired its first plant site in Oakland‚ paying $3‚000 (The Clorox Co. Website) for it. In 1914‚ the name Clorox was suggested
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IBM Corporation In the seven years (since 1994)‚ that Lou Gerstner reigned over IBM‚ the company’s earnings per share increased an average of 27% per year. This remarkable increase in earnings did not go unnoticed by the securities markets. Indeed‚ the company’s market value grew from less than $30 billion to over $200 billion during the period. Use the following financial statement data to: 1. Decompose IBM’s ROE (by quarter) and discuss the factors (and trends) that contribute to Big Blue’s profitability
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IBM Corporation In the seven years (since 1994)‚ that Lou Gerstner has reigned over IBM‚ the company’s earnings per share have increased an average of 27% per year. This remarkable increase in earnings‚ has not gone unnoticed by the securities markets. Indeed‚ the company’s market value has grown from less than $30 billion to over $200 billion during this period. Use the following financial statement data to: 1. Decompose IBM’s ROE and discuss the factors (and trends) that contribute to Big Blue’s
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