Financial independence

companies, local governments, federal and states. The institute also grades and develops the uniform Certified Public Accounts examinations and gives specialty credentials for a student who wishes to concentrate on forensic accounting, personal financial planning, information management, business valuation and technology assurance. The American Institute of Certified Public Accountants came up with the Chartered Global Management Accounting designation via a joint undertaking with the Chartered…

dollar industry. Linsco and Private Ledge Financial (LPL) should enter the equity crowdfunding arena to strengthen the value they bring to the marketplace. In the financial services industry since 1989, LPL is fourth largest independent broker-dealer and has contracts with over 14,000 advisors. Publicly traded and listed on the National Association of Securities Dealers…

Introduction Centro Property Group’s Andrew Scott (CEO), Brian Healey (chairman), Paul Cooper (chairman), Romano Nenna (CFO), non-executive directors Peter Wilkinson, Sam Kavourakis and Peter Goldie, and Jim Hall were sued for $200 million dollar in damages from a class action lawsuit where investors alleged deceptive conduct and breaches. It is broadly perceived that a high level executive - director - ought not just to attend board meetings, but rather partake effectively in the issues of the…

of today are created in a way to be both a physical panopticon, an authoritarian panopticon, and a financial panopticon. The banks of the United States and the rest of the world control the actions of our life in a way that seems to infiltrate everyday activities and actions. Not only do banks form a physical panopticon because of their high-level surveillance, but they form a panopticon of financial control through their practices. As explained by Foucault in Panopticism, a panopticon "forms…

Ratio analysis When evaluating the performance of ORL, financial ratio from different aspects will be considered together. 1. Profitability 1.1 ROE ROTON’s ROE has experienced fluctuation through the three financial years. The highest value represented the amount of 84.9% in 2011; on the other hand, the lowest value pointed 66.5% in the last financial year. The ROE of OROTON is sliding from 2011 to 2013. The downward trend indicates the management of ORL might not well manage the profits based…

igure 13. Saudi Arabia vs. The Globe (Nelson Complexity Index) Saudi Arabian refineries stand at 6.0, i.e. below the global average of 7.9. The reason for low NCI is because historically Saudi Arabian focus was on upstream business and refineries have been an addition to meet local demand. In the past couple of decades, the demand has grown significantly requiring more complex refineries. Furthermore, Saudi Arabia’s strategic vision to be self-sufficient and net exporter of fuels in the future…

The three concepts consist of solvency, liquidity and financial flexibility. In this research has chosen a liquidity measure because this metric can provide managers a more complete and useful liquidity measure as they get information of how efficiency the short-term capital is performed (Richards & Laughlin…

Univariate Binomial Tree Cox, Ross and Rubinstein (1979) developed the binomial option pricing model which converges to the Black-Scholes formula in the continuous limit and demonstrates the advantage in valuing American-style options. The model approximates the behavior of an asset price by the upward and downward changes in the asset price over a particular interval of time. As shown in Figure 1, an asset with a current price of S follows a multiplicative binomial process in which the…

1) Calculate all of the ratios listed in the industry ratios table for East Coast Yachts. Industry Ratios Ratio Formula Values Answer Lower quartile Median Upper quartile Current ratio current assets/Current liabilities 51,123,050/50,584,750 1.01 0.86 1.51 1.97 Quick ratio current assets-Inventory/Current liabilities (51,123,050-20,149,650)/50,584,750 0.61 0.43 0.75 1.01 Total asset turnover sales/total assets 611,582,000/401,558,750 1.52 1.10 1.27 1.46 Inventory turnover cost of goods…

2.2 Brand Equity Model The original concept of brand equity (Aaker, 1992) has been viewed and developed into different directions: strategically and financially, where the brand value is regarded as an accounting tool, to stipulate the financial value the brand provides to a company (Keller, 1993). The motivation and original definition being: “A set of assets and liabilities linked to a brand, its name and symbol that adds to or subtracts from the value provided by a product or service to a…