What do you think is unethical? The countrywide approved everyone to get their loans‚ no matter they have jobs or not‚ no matter they have income or not‚ no matter they have assets or not. The criteria they use may be unethical. They don’t care whether the documents are valid‚ whether they can verify the income‚ whether the appraisal is any good. They just care about getting the loan closed‚ in order to do another loan. The underwriters/ contractors looked through the loan as quick as they can.
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FIN3113—Chapter 3 Working with Financial Statements 1. BC Corporation has 1‚800‚000 shares outstanding & earned $2‚700‚000 last year on assets of $20 million & equity of $15 million. What is the PE ratio for BC if the stock is currently selling at $18 per share? • 12 • EPS=$2‚700‚000/1‚800‚000=1.5 & PE is price per earnings (18/1.5)=12 2. Which of the following are traditional financial ratio categories? • Profitability ratios‚ financial leverage ratios‚ turnover ratios
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Hawaii. It’s one of the most beautiful and exotic places. But more specifically than Hawaii‚ we’re talking about Oahu. It is the third largest of all the islands but it is the most populated of them all. It also has the state capital‚ Honolulu. There is an abundance of beautiful plants and animals but there are also dangerous ones living among the people of Oahu as well. It’s a beautiful place but it needs to be respected and cautiously traveled. There’s a good feeling about Oahu‚ even when the weather
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You have 120 minutes to finish. Feel free to use a calculator to back up your answers. Textbooks and mobile phones are NOT allowed. Any verbal contact among students is considered cheating and will be punished: the student involved will be assigned zero points on this exam. Good luck! Student Name: ……………………………………… Grade: ……… / 20 ______________________________________________________________________________ Exercise 1: Pierce Company reported net income of $200‚000 for the current year.
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concerning Red Bull and a strengths‚ weaknesses‚ opportunities and threats analysis (Kotler ‚Adam‚ Denize‚ Armstrong‚ 2008) which will show how Red Bull managers the companies situation. Company Background For years now Red Bull has researched and developed products to stay competitive in the market. This research includes the internal and external analysis of the company and provides Red Bull with information that can be used to gain a competitive advantage. An example of Red Bull using this information
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------------------------------------------------- BBA 4201: Financial Statement Analysis & Control 1. Describe some of the analytical uses to which financial statement analysis can be put. 2. What are the sources of financial information? 3. Who are the users of financial statements? 4. What are the objectives of financial statements? 5. What are the limitations of financial statement analysis? 6. Discuss the need for comparative analysis. 7. Identify the tools of financial statement analysis. 8. Explain
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completing a financial statement analysis of a publicly traded company and I have chosen to use Wal-Mart. I chose Wal-Mart because it is the only major company that is in my home town. There are a few small hardware stores but nothing as big as Wal-Mart. I also happen to enjoy going to Wal-Mart to do my food shopping and to get everyday household supplies. There is so much to learn about the financial aspects of a business through accounting. It is important to understand financial reports and how they
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Ratio and Financial Statement Analysis July 25‚ 2013 MGMT640 Executive Summary In corporate finance‚ both ratio and financial statement analysis are important tools that can be used in order to assess a company’s strength financially. They can be used in order to forecast a business’ prospective cash flow and ability to grow in the future‚ as well as a company’s strengths and weaknesses. Income statements‚ balance sheets‚ the statement of retained
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Dear Fellow Shareholders‚ As you all know we recently started a new business‚ and here are some of the obstacles and challenges we encountered. The theme of this year’s annual report‚ “Bold Moves‚ Great Future‚” could also accurately describe our future. The Pump Up brand of energy drinks continued to gain market share up to date‚ and continues to exceed the growth in sales of the energy drink category. The energy drink category itself has continued to grow at an extremely high rate. Gross sales
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i Feasibility Study Imus Institute Colleges business which converts basic inputs‚ such as materials‚ labor and overhead‚ into finished products which are sold to customers. B. Management‚ Marketing‚ Financial Highlights Management Highlights In Management aspect‚ we divided the duties and responsibilities of each partner according to their ability‚ skills and knowledge. We apply segregation of duties to the four general
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