Financial independence

growth and continuous growth towards the employees.  Increases affluence  Greater life expectancy  Increases complexity of products/technological advancement which helps an individual to grow forward.  Increases environmental awareness. 2.2.10 FINANCIAL STATEMENT BALANCE SHEET OF THE YEAR 2008- 2013 This table is showing the balance sheet of the J&K bank ltd. PARTICULARS 2009-10 2010-11 2011-12 2012-13 2013-14 Source of funds A. Share holders’ funds 4,85,79,643 6,77,79,655…

the authorities or by any other means comes under Accounting Scandal. There are several accounting practice, which are developed in order to avoid fraud in accounting process such as Generally Accepted Accounting Principles(GAAP), International Financial Reporting Standard(IFRS)…

1 Task 1 1.1 1.1.1 Introduction to the National Development Bank PLC( NDB) The National Development Bank PLC ( NDB Bank) is a banking as well as financial institution of Sri Lanka, NDB is headquartered in Colombo, Sri Lanka (at No 40, Nawam Mawatha, Colombo 2). NDB begun its operations in1979 as a state-owned development of finance institution. NDB was set up by Sri Lanka Act No 2 of 1979 as “National Development Bank of Sri Lanka” In January 1979 as a wholly state owned institution. In 1993…

Differentiation is another strategy which HSBC may be able to implement into their business. This strategy adds perceived value to a product, it is essential for HSBC to identify who they are targeting with the new strategy. For example, if it was to implement the high technology causing problems for a generation of people using the banks, then the strategy would be aimed at the people ages 60+ (HSBC, 2016). Differentiated strategy is about understanding the consumers’ willingness to pay for a…

CHAPTER – 4 DATA ANALYSIS AND INTERPRETATION TABLE NO 1: PREMISES/VISUALLY APPEAL OR NOT 4.1 TABLE SHOWING THE PREMISES/VISUAL APPEALING OF THE KOTAK MAHINDRA BANK. COMPETENCY RATING NO. OF RESPONDENTS PERCENTAGE Satisfied 50 50% Neither satisfied nor dissatisfied 30 30% Dissatisfied 20 20% Total 100 100% ANALYSIS: In this…

Introduction SMRT is Singapore premiere multi-model land transport provider. It provides service such as rail, bus and taxi operation, advertising and engineering services. SMRT corporation ltd was incorporated on 6 March 2000 and was listed on the Singapore Exchange on 26 July 2000(Our business.2016). The SMRT main source of revenue comes from the Mass Rapid Transit (MRT) and Light rail transit, as it has a network of 142 stations across the island and is still under expansion as it is…

Introduction DiGi.Com Berhad is listed on Bursa Malaysia and is part of the Telenor Group, a worldwide telecommunications provider. The issued and paid-up share capital of DiGi is RM77, 750,000 comprising 777,500,000 ordinary shares of RM0.10 each and a market capitalization of about RM40.27 billion. There are four Independent Non-Executive Directors sitting in the Board of Directors and another four Non-Independent Non-Executive Directors including Chairman, Morten Karlsen Sorby. The Chief…

CASE 1: PLASTIC COLOR PROBLEM QN. A small plastic product made of Bakelite is black and has a good sales record for years; however sales have begun to drop off significantly. The competition is using bright colors in their product and is taking over the market. In what way can the first company improve its product, add color and increase productivity to lower the price? Answer The Bakelite plastic was created in 1909 by Leo Baekelan, a Belgian chemist. Bakelite has revolutionize the way consumer…

overheads, wages and other expenditures) related to the management of business operation. If the business is generating the turnover equal to its expenditure, making neither a profit nor a loss, company is said to be breaking even unprofitability is the financial loss faced by the company. The fast expansion of the company by way of acquisitions contributed to its lower and declining profits apart from other reasons. BHP’s return…

“The experience of five millennia of financial innovation suggests that finance and civilization will forever be intertwined.” The closing line of a fascinating walk through history and how finance molded civilization as we know it today. William Goetzmann the author of the book: “Money Changes Everything” is currently a Professor of Finance and Management Studies at the Yale School of Management and has vast knowledge as an archaeologist as well as in art history, making William Goerzmann the…