an organization. 1.1Company’s introduction SSGC (Sui Southern Gas company limited) is the Pakistan’s most leading company. Its purpose to provide natural gas to all the regions of the country. Beside transmission construction off all high and low pressure distribution systems. The vision of the company is to provide excellent services by maintaining high level of ethical and professional standards. The mission of the company is to meet the needs of the customers in friendly environment and securing
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FIN 101 Exam 1 Chapter 1 Commerce Bank Credit What does your credit card really cost you? APR- Annual Percentage Rate Prime 3.25% Amount: $51‚649 Rate: 4% Years: 4 = $60‚422.02 Time Value of Money- TVM Future Value FV=PV*(1+i)^n FV= future value PV= present value i= interest rate n= time The Rule of 72 If at 10%‚ it will take 7.2 to double (just divide 72 by 10) 72 DIVIDED BY ANY NUMBER is how long it will take to double Present value PV=FV/(1+i)^n
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Ragan Thermal Systems plc was founded nine years ago by brother and sister Carrington and Genevieve Ragan. The company manufactures and installs commercial heating‚ ventilation and cooling (HVAC) units. Ragan has experienced rapid growth because of a proprietary technology that increases the energy efficiency of its systems. The company is owned equally by Carrington and Genevieve. The original agreement between the siblings gave each 50‚000 shares. In the event that either wishes to sell the shares
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summary Diva shoes is an international shoes company that is experiencing rapid growth. Due to this rapid growth‚ the company never established a robust hedging strategy to protect itself against fluctuations of the multiple currencies it engages with. This situation became more severe in Japan. The company’s growth in Japan exceeded all expectations‚ and unlike other countries in which the company conducted business (Italy for example) the company had almost no expenses there‚ and had to convert
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QUESTION 1: 1. If the first deposit is at 36 years and the last expected deposit is at 65 years‚ then annual deposits will be made for 30 years. Expected annual withdrawals are $90‚000 for 15 years from the retirement fund with a bank that offers compound interest of 8% annually. Calculation Present value (PV) =? Future value (FV) = (90‚000*15) = $1‚350‚000 Periodic payment amount (PMT) =? Interest rate per period (Rate) = 8% or 0.08 Number of payment periods (Nper) = 30 Using the Excel
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Finance 1. How can changes in foreign exchange rates affect the profitability of financial institutions? Foreign exchange rate determines the price exchange of two currencies. Changes in these rates affects the amount of goods and services import and export of a country. When a country currency is stronger‚ it is now exchanged for more goods than before‚ and once the currency is weaker‚ less of goods are purchased for the same amount of the currency. Financial institutions use the exchange
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1. GLBA repealed parts of an act. Name the act and explain why that was significant for financial institutions and insurance companies. Glass-Steagall Act. It was significant for both financial institutions and insurance companies because now they can merge together. 2. What is another name for obtaining information under false pretenses and what does that have to do with GLBA? What is an example of a safeguard pertinent to this requirement? Pretexting. GLBA provides limited privacy protection against
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Delaney’s peers often used the words “ brilliant”‚ “innovative”‚ ”articulate” and “aggressive” to describe him. Based on my background search‚ it was vivid that he holds a consistent record of excellence in every task that he accomplished for the companies he worked for. However one of the weaknesses that he is prone to‚ is that Mr. Delaney rarely attends social functions and when he did‚ he never brought his wife. I was mesmerized when one morning I arrived the work place and received a personal call
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response to “normal” fluctuations in the business cycle? If so‚ why and how? If not‚ why not? How does the example set by Aaron Feuerstein influence your decision? When normal business cycle going down then the companies can be changed by opening new lines‚ new products or new companies. Unlike the normal business cycle‚ after 9/11 attacks the business is going down immediately. The MTI is a primary market research firm‚ and the staff had found that consumers were unwilling to spend time on surveys
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1. INTRODUCTION 1.2 OUTLINE OF PROJECT FEES MANAGEMENT SYSTEM will provide a view‚ submit‚ online payment‚ uploading various documents and other mislenious resources. This view will be based on the categories like attendance view and daily activities. Further the University management student personnel can add/update/remove the resources or an automatic removal of accessing features when the time limit completes. The System will also have an ADMIN who has full-fledged rights with regards to managing
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