Digital asset management

Capital Structure 2.1. SWOT Analysis  Strengths   Cyclermate has a long establishment time and reputation in producing traditional bike. The company has asset of a large piece of land worth £ 208,000 (included £ 48,000 of factory and £ 160,000 of unused land).  Weaknesses   Cyclermate has very few current assets and more non-current asset. This reduces the liquidity of money. There is a great liability that is in the form of bank overdrafts. Costs are rising while price per unit…

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…

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…

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 increase in production will therefore mean more hiring is needed, which increases the demand for workers resulting to a decrease in unemployment. In addition in the short run an increase in inflation will reduce unemployment, resulting to a trade-off between inflation and unemployment. In addition Pettinger (2011) says “If an economy experienced inflation, then the Central Bank raises interest rates. Higher interest rates will reduce consumer spending and investment leading to lower…

Assessment of detection risk by performing substantive analytics related to consolidation policy and substantive procedures related to management assertions, and brainstorm of potential fraud and extended procedures. Substantive analytical procedures related to consolidation policy Based on the preliminary analytical procedures about ratios and account balances, I found some risk areas and great changes from 2013 to 2014 in financial statements such as the net income, investments in…

Goodwill is explained as the ‘future economic benefits arising from other assets acquired in a business combination or acquisition that are not individually identified and separately recognised’ in AASB 3 Appendix A. Physical asset including buildings or equipment cannot be considered as goodwill, it should be an intangible asset that has no physical substance. And a business combination itself means ‘a transaction or other event in which an acquirer obtains control of one or more business’. On…