Asset forfeiture

of the life cycle the household is in, the MPCs would be different. For example, very young group who has just entered the job or very old people who have retired from work will have high MPCs, nonetheless, these two groups are not same in terms of asset positions and other characteristics. So, the change in monetary policy will likely to affect these two groups differently. Secondly, the author claims that monetary policy shocks would have more than double their current effect on household…

Therefore, Caterpillar earned 4.36% from existing assets in the year 2014. Results from 2013 were equivalent while holding at 4.46%, and in the year 2012 Caterpillar’s return on assets was 6.39%. Caterpillar’s competitors displayed improved results with the Terex Corporation having a return on assets of 5.38% in the year 2014. Another competitor of Parker-Hannifin Corporation held a 7.84% return on assets, which is superior to Caterpillar’s 4.38%. (Quotes & Info- Yahoo! Finance, n.d.). The…

(Murdoch et al, 2013). Study conducted by Murdoch et al (2013) shows that in terms of asset cost, LIFO manufacturing firms are an average of about 5 to 6 times larger than that of FIFO Manufacturing firms. Also, both LIFO and FIFO Manufacturing firms hold about 20% of their assets as inventory. LIFO Manufacturing firms earn about 4 % higher after-tax operating return on their assets (ROA). In contrast, in terms of total assets, LIFO Transportation industry firms are about half the size, or less,…

term, the uncertainty around the evolution of asset value will dominate the lack of precision in information. Gramlich et al (2001) added that short term debt causes long term debt ratios to shift in the opposite direction, if the current debt is classified as long term. A firm seeking to make a short term investment decision, will more than likely gain short bursts of cash or cash…

The customer can earn more points by spending at the participating establishments, but all the points are worth the same. Like many competitors, points can be redeemed for gift certificates to restaurants, theaters, and many other establishments. The amount points earned is clear because it is displayed on the credit card statement monthly, and can be looked up on an on-line account. What the points can be redeemed for is not entirely clear. American Express gives examples of items that can…

Adding the risk-free government securities would result in a lower beta for the new portfolio. The new portfolio beta will be a weighted average of the individual security betas in the portfolio; the presence of the risk-free securities would lower that weighted average. q. The comment is not correct. Although the respective standard deviations and expected returns for the two securities under consideration are equal, the covariances between each security and the original portfolio…

into this venture earlier. Citibank has also entered the market for China's non-performing loans. In December 2004, it purchased a substantial share of non-performing loans from Silver Grant International Industries. Silver Grant is one of the four asset management companies created by the Chinese government in the late 1990's to manage the non-performing loans from Chinese banks. The historical problem with this market has been the extreme high risk factors. "The communist system of awarding…

My strengths in the project were as follow: I was able to research my part of the project efficiently and I found some very useful information, I compiled and refined the paper. My weakness in this team assignment was my impatient with the team’s leader continuous duplicate posting of the same information, but I the end of the day, I had to remind myself that it was her managing style and to bring the project to fruition, I had to overcome my impatience. I believe that I have done this…

In 2004, Japan still maintains its rank as No.1 of Human Development Index in the world for life expectancy at birth . Japanese government should find a way to increase the growth of population, otherwise the ageing population will cause decrease in productivity. This is because ageing people tend to be less productive and consumptive compare to productive age (between sixteen to fifty five years old). To encourage the population growth, the government should give awards for every citizen who…

The therapist needs to engage the client with their subconscious mind in the most effective way possible, in order that the client may gain an awareness of, and be able to access, their own potential. This highlights the essential view of the therapist as a skilled helper, enabling the client, rather than an all-knowing and all-powerful practitioner. As *Sandor Ferenczi so eloquently stated in 1916: …' the unconscious mental forces of the patient appear as the real active agent, whereas the…