Should we eat sharks’ fins? Shark’s fin soup is a delicacy which is enjoyed by many people around the world‚ especially the Chinese as they believe that it symbolizes wealth‚ honour and respect. However‚ the practice of cutting off sharks’ fins alive and then throwing them back into the sea had caused increasing awareness and ire of animal rights and environment advocates. Statistics have estimated that one hundred million sharks are killed every year‚ not considering the fact that these numbers
Premium Nervous system Central nervous system Environmentalism
Making a sound financial decision is a vital component of the success of a business. The business must conduct market research‚ description of products‚ services and marketing strategies‚ and setting principles for the business’s success. Expenses should be noted prior to writing a financial plan. The goal of a business is to operate on a predefined budget. Ensure there are no undefined or hidden cost that could cause problems later. The business plan helps the business to make day-to-day decisions
Premium Net present value Weighted average cost of capital
more recent developments in Australian financial markets and (ii) provide students with an advanced theoretical framework for the analysis of financial markets and monetary developments. LEARNING OUTCOMES On completion of this subject‚ you should be able to: 1 Explain the functions of a financial system and the role of financial institutions and markets in the functioning of the economy. 2 Identify and discuss the characteristics of different types of financial institutions and instruments. 3 Evaluate
Premium Economics Financial services Bank
to pay the expenses such as administration‚ materials‚ lease or income taxes. A company cannot stay continue to operate if there are more expenses than there is revenue. By acquiring outside financing‚ the company "buys" itself time to better its financial standing and gives them the cash to pay the expenses that are needed to keep the business afloat. C. What is the minimum line of credit that CBM will need? Based on our findings‚ it appears that the company will need to borrow a total of $220
Premium Debt Corporate finance Money
Financial Management: Roles and Objectives | | | |1. Planning |Identify and Manage Risks | | | | |2. Organizing |Adequate supply of funds
Premium Finance
you have any questions regarding grading‚ please contact Yang Yang. The other TA does not have your information. However‚ if you need help regarding course materials‚ you could contact any of us. All the e-mails to me or to your TA should start from FIN 3826 in the subject line or you will have the risk that they will not be read. For the privacy protection reason‚ we only correspond to e-mails from LSU system. Therefore‚ the e-mails from gmail‚ hotmail‚ and yahoo‚ etc‚ will not be read. Course Objectives
Premium 2007 1979 1964
Financial Management TA Mid-term Exam March 27‚ 2012‚ 9:3o - 11:00 1. True or False Comment on the correctness of the following statements with maximum 5 lines each. (20%) a) The IRR is larger than the discount rate if the NPV>0 False‚ there are projects with more than one IRR where the statement is not true and there are projects that have the inflow now and the outflows in future years where this relation is inversed. b) Yield to maturity is not a valid measure of expected return for a zero
Premium Option Bond Put option
The Role of Conservatism in Financial Reporting Table of Contents Introduction 3 Applications of Conservatism in Accounting 4 Advantages associated with Conservatism 7 Disadvantages associated with Conservatism 11 Recommendations and conclusions 14 References 17 Introduction This report investigates the application of conservatism in accounting and its role in financial reporting. We also examine and compare the advantages and disadvantages associated with conservatism and provide our opinion
Premium Balance sheet Financial statements Information asymmetry
FIN 515 14-1 Residual Distribution Model Axel Telecommunications has a target capital structure that consists of 70% debt and 30% equity. The company anticipates that its capital budget for the upcoming year will be $3 million. If Axel reports net income of $2 million and follows a residual distribution model with all distributions as dividends‚ what will be its dividend payout ratio? $410‚000 (3000000/5000000)*1000000 – (500000/5000000)*1000000 - .05(6000000)(1-.07) .6*1000000 - .1*1000000
Premium Weighted average cost of capital Free cash flow Dividend yield
Appendix 2A Financial Statement Analysis Using a Return on Equity (ROE) Framework 1 Appendix 2A Financial Statement Analysis Using a Return on Equity (ROE) Framework Between 1992 and 2003 the commercial banking industry experienced a period of record profits. This was quite a change from the late 1980s and early 1990s‚ when banks were failing in record numbers. Despite record profits‚ many FIs have areas of weakness and inefficiency that need to be addressed. One way of identifying
Premium Generally Accepted Accounting Principles Financial ratios Financial ratio