| Global Financial Corporation | | Abstract Global Financial Corporation (GF) a subsidiary of Global Equipment Company (GEC) is tasked with handling financing for those customers who wish to purchase GEC heavy equipment. Currently GF only processes 51% of the leases within the “10 days or less” time frame‚ with some loans taking up above 41 days. Ms. Rodriguez‚ the Vice President of GF has been directed to decrease loan processing time to 10 days or less with the current staff she has. The
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a. Discuss the pros and cons of option 1‚ and prioritize your thoughts. What are the most positive aspects of this option‚ and what are the biggest drawbacks? The option 1 looks at getting a loan of 4 billion from a consortium of bankers including J.P.Morgan with whom Merit has good business relationship and has served Merit with its short term as well as long term funding requirements in the past. The pros of this option are * The well established relationship between J.P.Morgan and Merit
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S-CORPORATIONS AND LLC Webster University When discussing the comparisons and contrasts between S-Corporations and LLC’s we will need to assess benefits and disadvantages of both for entrepreneurs and small business owners. A major obstacle for many businesses initially is the need to expand. A business organization such as a Corporation‚ offers the ability to expand‚ but at the price of a double taxation to profits earned and shareholders dividends‚ while the structure of a Partnership (General
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1. What is Costco’s business model? Is the company’s business model appealing? Why or why not? Costco’s business model was to generate high sales volumes and rapid inventory turnover by offering members low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise. Costco’s business model is built upon customer memberships‚ who join and renew annually. This directly monetizes customer loyalty as unsatisfied members may not renew and represents
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------------------------------------------------- We have reviewed the financial information provided for Adelphia Communications Corporation for the years 1992-1996. We have also evaluated the Company’s position and strategy within the industry‚ standard industry practices‚ and evaluated the Company’s ability to repay debt. We have concluded that the Company should be considered high-risk; however the decision of whether to grant loans to the Company should be based on the creditor’s acceptable
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4) Did subprime mortgage loans contribute to the housing bubble? Why did the bubble burst? What were consequences of the housing bust to borrowers‚ loan originators‚ and MBS and CDO holders? Did subprime mortgages contribute to the U.S. financial crisis of 2008? Subprime Mortgage loans did contribute to the bubble and crash but they were just the cards played by the government and the policies that rule them. The department of housing and urban development was pushing national homeownership since
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Garrett Batista Bateman English II 5-10-13 Toyota Motor Corporation is one of the largest automobile manufacturers in the world. It produces passenger cars‚ buses‚ sport utility vehicles (SUV’s)‚ trucks‚ vans‚ and automobile parts. (Winfield‚ Barry.)Works provided funds for the development and test-building of its first automobiles. In 1950‚ the company had its one and only strike; management and labor came to a common principle of trust and dependence that is still present to this day. During
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Marine Corps Issue The Points of View Essay Ali Raza M. Syed The short story Marine Corps Issue is written by David McLean. It is an account of a family who has been affected by the war; Jonathan’s father had fought against the Vietnamese and had become a POW. The past of the father had been kept a secret till Jonathan becomes curious and finds out the truth. It had been kept a secret because the parents did not want to expose the children to the cruel past they
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Boys did in three days. I was assigned to the front line in the trenches as part of the 7th Canadian Infantry Brigade attached to the 4th Canadian Division. This is actually the first time all four divisions got to work together as a unified Canadian Corps. They practiced us to death. The Captain kept going over and over and over every detail of our attack. It got to a point that we could have attacked those Germans in our sleep and you know how much I love my sleep Mother. The morning arrived. The weather
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Job Corps Essay 1. Who Am I and Where am I from? My Name is Cherry Hogan born in Selma Alabama and raised in Marion Alabama. I am 20yrs. Old and I dropped out of school at a very young age. I have a 3yr. old son that I am taking care of by myself. I currently reside in Ellenwood‚ Ga. with my brother and his family. And I hope to become a productive individual one day. 2. Why do you want to attend Job Corps as opposed to a more traditional educational path? I decided to choose
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