1. Write below in 10-15 sentences in your own words‚ what were the causes of the recent Global Financial Crises of 2008-2009? Explain how it all started and what happened. The financial crisis of 2008-2009 has been largely and mainly attributed to the paralysis and failure of credit industry including mortgages. People were described to be using money that they don’t have‚ and the failure to repay such debts led to the collapse of the market. Fund sources became dried up because the rate of spending
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INTRODUCTION - FINANCIAL INSTRUMENTS In today’s world of Globalization‚ we are witnessing free trade agreements between different countries‚ international exchanges are multiplying‚ and commercial barriers are falling. Hence competition is measured on global scale. In this wave of globalization‚ financial instruments have been growing at an incredible pace. We are currently witnessing a rapid expansion phenomenon of the use of the financial instruments in the international financial market. These
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True the objective of financial statements emphasizes a stewardship approach for reporting financial information It is False the purpose of the objective of financial reporting is to prepare a balance sheet‚ an income statement‚ a statement of cash flows‚ and a statement of owners’ or stockholders’ equity. It is False because they are generally shorter‚ FASB interpretations are subject to less due process‚ compared to FASB standards. It is True the objective of financial reporting uses an entity
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Financial Information 1. Why is financial information important for a business- provide four reasons * For owners and managers to be able to make sensible business decisions. * For prospective investors to know where the company stands financially. * Financial institutions such as banks can use this information to decide whether to give the company things such as loans etc. * For everyone within the company to understand its financial position‚ regarding assets‚ liabilities‚ equity
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Introduction……………………………………………………………………….2 2Literature Review…………………………………………………………………3 3Research methodology…………………………………………………………...4-5 4. Corporate Information……………………………………….…………………..6 5. Corporate Social Responsibilities………………………………………..………7 6.Analysis of Financial Statements (Ratio Analysis) …………………………….. iCurrent Ratio……………………………………………………………..8 iiQuick Asset Ratio………………………………………………….……..9 Leverage Ratio…………………………………………………….……….10 i)Debt to equity ……………………………………………………………..11 ii)Debt to Asset ……………………………………………………………12
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FINANCIAL SYSTEMS A financial system is a set of complex and closely interconnected financial institutions‚ markets‚ instruments‚ services‚ practices and transactions. It consists of institutional units and markets that interact‚ typically in a complex manner‚ for the purpose moblising funds for investment and providing facilities‚ including payments systems‚ for the financing of commercial activity. Financial systems are crucial to the allocation of resources in a modern economy. They channel
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Implementation of IOM Future of Nursing Report Vijayarani Rajendran Grand Canyon University NRS 440-V: Trends and Issues in Health Care October 27‚ 2013 Introduction There are several changes occurring in the nation’s healthcare organization due to the constant increasing demands in our nation. There are over three million members in the nursing profession and with that being said‚ nursing is the greatest component in our nation’s health care workforce. Nurses play an extremely
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JiaMin Leong Ms. Kavytha Humanities 11th March 2011 United States Of America’s Great Seal (I1 - United States) Germany’s Flag (I2 - Germany) Germany’s Great Seal (I3 – Germany Seal) United States of America’s Flag (I1 - United States) United States of America and Germany: Friends For Real? The United States of America‚ also known as USA‚ is a federal constitutional republic comprising fifty states and a federal district. The country is situated mostly
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FINANCIAL ANALYST: THE EXPERT OF ECONOMIC AND ACCOUNTING Quyen Chu San Highline Community College English 205 Feb 4‚ 2012 CASE STUDY : THE BOOK OPENS THE DOOR Walking around the Phu Tho bookstore in Ho Chi Minh city‚ I decided to look for an interested book to bring along with me to America. Numerous questions came in my mind “What do I need? What is that book about?” Accidently‚ I went to the case containing full of financial and investment books. A purple small book with the phrase
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FINANCIAL ANALYSIS For the Year 2012‚ 2011‚ 2010 Introduction: Knowing the financial conditions of Metrobank is very important. Such knowledge will help us allocate resources and identify areas requiring development and problems that need correction. As students of finance who can eventually be a financial manager should know how the business enterprise is doing financially. Is it growing or contracting? Will it be around for a long time? How profitable is the company? And what we should
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