Financial ratios

In China, the most populated country in the world, a preference for boys has been present since ancient times. The preference is rooted in their culture but strongly tied to financial reasons. Confucianism, taught by Confucius between the 6th and 5th centuries B.C., is a “system of social and ethical philosophy [that establishes the social values and institutions of most Chinese societies]” (Berling). The philosophy instills the belief that males are superior to females because they provide…

This study attempts to address the issues, securities and circulation of money in pawnshops. What is pawnshop? According to Caskey and Zikmund (1990), ”Pawnshops are one of many financial institutions supplying consumer credit, yet they do not compete directly with other financial institution for customers”. It provides variety services such as credit system between the creditor and debtor, mortgage and even money exchange. There are two parties in pawnshops; the lender and the borrower.…

Financial Statement Fraud The auditor will focus on the red alerts that have been cited to point out to the probability that there is a case of fraud in the organization. The auditor will, through the memo, make it clear to the employees that indications of fraud and the steps that will be taken in relation to citing the scam in the instances it occurred. The red flags will be clearly cited in the memo. Through the red flags, the employees will comprehend the shortcomings associated with the…

Financial Statements Review Patton-Fuller Community Hospital completed and distributed financial statements to its stakeholders. It is the responsibility of the Chief Financial Officer (CFO) and management staff to review each report in order to make wise financial decisions for the future success of the institution. When reviewing these reports, it is imperative to understand three vital aspects. Firstly, when looking at the annual report, the CFO should understand the differences between…

Banco Popolare Società Cooperativa and Banca Popolare di Milano Scarl said March 23 that they signed a memorandum of understanding to merge to create the third-largest bank in Italy. The merger, which will give the combined company a national market share in terms of branches of more than 8%, will take place via the incorporation of a new bank holding in the form of a joint stock company. Banco Popolare shareholders will have a 54% stake in the new company, with current BPM shareholders owning…

Outsourcing Management Services A financial perspective Leandro F Pereira PhD PMP ROI, Nelson Santos António PhD, Carlos M Jerónimo PMP Business Research Unit – BRU IUL ISCTE - Instituto Universitário de Lisbon Lisbon, Portugal Abstract— In a world in which the most effective way to deliver services is often discussed and many times it is the customer who ends up defining the delivery model of the companies, it becomes important to analyze and compare the tendency and financial…

capital budget request information already received. Review the budget. The managers meet with the senior management to review the budget ,any constraint issues or funding limitations have to be highlighted. Also test for the validity of the turnover ratios for accounts receivable, inventory, and accounts payable in relation to historical metrics, as well as sales per salesperson. Amy recommendations or notes by senior manahement have to be forwarded to the managers involved in budget…

includes lots of activities and it is not part of regulatory guidance. Forensic auditing are the wide range of activities for investigation purpose, which are performed by accountant in practice. The work of the forensic auditor is to investigate the financial affairs of the organization and most importantly includes investigation of any fraudulent activity. Internal auditor can use a third party forensic auditor for this purpose and than report the findings to the Board and audit committee.…

completing a make or buy analysis, one can determine which choice is more profitable. While this technique is certainly useful, small business owners should only use these analyses as a factor in the decision. (Freedman, 2017) There could be other non-financial metrics that are important to consider that would not be part of the…

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…