Evaluation of credit rating Memorandum: Credit Rating assignment: Home Depot‚ Inc. After analysing the financial statements of Home Depot‚ we have allocated a “C” rating of credit risk. The proposal is to start with the “C” rating and then to either upgrade to a “B” rating or to be down graded to a “D” rating. The reason for such a decision is discussed below. Home Depot has a current ratio of 1.19 to 1 which means that it’s current assets covers it’s current liabilities by 1.19 times.
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The European Union (EU) is a family of democratic European countries‚ committed to working together for peace and prosperity. It is not a state intended to replace existing states‚ but it is more than any other international organization. The EU is‚ in fact‚ unique. Its member states have set up common institutions to which they delegate some of their sovereignty so that decisions on specific matters of joint interest can be made democratically at European level. This pooling of sovereignty is also
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Introduction 2. Credit cards * Standard credit cards * Premium Credit Card: * Secured Credit Card * Limited Purpose Credit Card * Charge Credit Card * Specialty Credit Card * Prepaid Credit Card: * Business Credit Cards * Gold Credit Card: * Platinum or Titanium Card: * Silver Credit Card: * Rewards Credit Card: * Balance Transfer Credit Card
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New milliniom University Collage of Business and Economics Department Of Accounting and Finance Assessment of Credit management process: case Study on Dashen Bank Wukro Branch SENIOR ESSAY SUBMITTED TO THE DEPARTMENT OF ACCOUNTING AND FINANCE FOR THE PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF B.A DEGREE IN ACCOUNTING AND FINANCE By: HAFTAMU GIDEY ID. No 174/03 ADVISIOR: HALEMIKIAL TETEMKE June‚ 2012
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With the easiness of swiping a credit card for a purchase there is going to be some pros and cons. Some may say with credit card power come great responsibility. It may either help when handled properly or become your worst nightmare if abused. If you are able to pay your bills on time every month and not carry over a balance. Then credit cards are a great convenience. The cards can also land you deep in debt. This often occurs if you’re unaware of the terms of the credit card agreement‚ and if you carry
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Essay Debt Credit card debt is one of this nation’s leading internal problems‚ and it has been for around the last 3-4 decades. When credit was first introduced‚ and up until around the late 1970’s up to today‚ the standards for getting a credit card were very high; so not everybody could get one. The bar got lowered and lowered to where‚ eventually‚ an 18 year-old college student with almost no income and nothing to base a credit score on previously could obtain a credit card (much like myself)
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Credit card : Asset or Liability Credit card actually replaces the hard money in market. Before the coming of plastic money‚ every one relies on their present income. If possible in present salary then only purchases go on‚ otherwise get shifted to next month. This problem now has been solved with the plastic money. Make payments in the next month but u can purchase now. Any one can judge this plastic money is an asset or liability for a person. Let assume its an asset. How? Right now it makes
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Level 7 Credit Card versus Cash Credit Card is an easier way to use the money instead of seeing how it disappears from the wallet. People can have a better control of the money not only having it in their wallets but also having it in a bank account. Because credit card holders can see the movement of the money for each purchase. Most people tend to use cash when they do not use a lot of money in their wallets‚ but credit card holders who have a lot of money usually have a credit card. Even
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Credit Risk Assessment of SMEs: Loan Criteria and Default Probability Final Year Project - I Aamir Aijaz Memon 10/12/2013 Table of Contents 1 INTRODUCTION 1.1 Background Study Credit Rating is a very vast and emerging field of finance‚ it has opened up many new opportunities and challenges for financiers. Credit Agencies has adopted a almost standard set of rules to follow for individuals and big organizations‚ which has started resolving the default issues in these two
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GEZ PETROL STATION: USING COST-VOLUME-PROFIT ANALYSIS FOR PLANNING By KU NOR IZAH KU ISMAIL (Corresponding author) School of Accountancy UUM College of Business Universiti Utara Malaysia E-mail: norizah@uum.edu.my Tel: 04-9283906 And WAN NORDIN WAN HUSSIN Othman Yeop Abdullah Graduate School of Business Universiti Utara Malaysia GEZ PETROL STATION: USING COST-VOLUME-PROFIT ANALYSIS FOR PLANNING INTRODUCTION As an Area Manager of GEZ Bhd‚ a major oil company in Malaysia
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