Introduction Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York. Citibank is one of the world’s largest retail banks. Citibank is the consumer division of financial services multinational Citigroup and is a global bank with 3,777 branch locations in 36 countries. The United States is the largest single market with approximately 26% of branches which generating 51% of revenues. Citibank's 983 North American branches are concentrated in major…
The use of accounting in the business field to measure an entity in many aspects regarding financial information is crucial in modern day. Tracking how a business obtain, spends, and invest their financial assets are key indicators for not only external users such as investors and creditors, but internal users such as management departments. To plan for future endeavors, one must understand their present capabilities. Through extensive research, we can establish why cost accounting is important…
investing on a gold mining company is more profitable, compared to a coal mining firm, knowing that nowadays coal is obsolete and rarely used. On top of being an important factor in binary option transactions, mining industry also influences the financial values all around the world as well as the global stock markets. In a transaction, a binary option trader should take into account the benefits that can be obtained from each type of mining and the type of ore or mineral as…
Real estate Investment Trust or also call as REITs is one of the investments that provide in financial market. Real Estate Investment Trusts (REITs) has become the popular instruments of public property investment market(Yue, 2006). There are many opinions for the definition of the REITs. REITs are instrument of the investment that prefer by the investor due to the rapid growth of the property market (Newell, Graeme, Osmadi, & Atasya, 2009). Other than that, the REITs also define as the…
Submitted by: Hina Iftikhar Registration number: 1784212 Course Title: Cost and Financial Management for Project Management (Assignment 1) Name of Instructor: Dr. Muhammad Naveed Submitted on: 21/09/2017 Section: MPM 1C 1. Briefly, explain following; o The economic resources which are claimed by a corporation, company or business are known as an asset. o Liability is a commitment emerging from past occasions, the settlement of which may bring about the exchange or…
RECOMMENDATIONS Along with impressive growth the pharmaceutical and medical manufacturing industry recently, Traphaco is having some of its most profitable years. From 2012 to 2016, the company enjoyed an average growth rate of 16.3% regarding profitability and outperformed its fairly successful competitors as DHG 8,7%; DMC 14,6%; IMP 6,3%, etc (Traphaco, 2016). The year 2016, in particular, was a prosperous year for Traphaco as it reached the planned VND 2000 billion in revenues. Moreover,…
Introduction of International Netherlands Group The International Netherlands Group was a global financial services company of Dutch Origin. It was one of the largest financial institutes in the world and ranked as one of the top ten companies just within Europe (Schotter, 2006). With more than 120,000 employees, the International Netherlands Group provided banking, insurance and asset management service in more than 50 countries. ING was the first European enterprise to enter the market of life…
How to become a financial advisor? General description of the job A financial advisor assists clients with their financial matters such as finding insurance options, retirement planning, and investment strategies. Financial advisors have a thorough understanding of banking procedures and policies, stock market regulations, and insurance policies. To become a financial advisor, one should enjoy managing money and working directly with clients. A financial advisor is responsible for meeting with…
Potato chips industry in Ireland has reached the maturity status. The market growth rate is relative stable and it is expected to keep the same growth pace till 2016. The market share was dominated by two major companies, Largo foods (Tayto) and PepsiCo (Walkers). The share of the two companies exceeded more than 90% in 2011. According to a market research from MarketLine in 2012, the total sales of potato chips in 2011 was 105.7 million Euro. The sales increased by 1.7% comparing to the sales…
Abstract This paper presents a case study on the financial standings of Avis which is a large car rental group. The years 2012, 2013, and 2014 will be used to determine its financial stability. In comparison to Avis we will be using one of its competitors, Hertz Company, along with its 2013 financial information. The purpose of this analysis is to determine which company has a better financial standing and it will also influence our decision on which company will be suitable for investing. This…