Global financial system

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…

increases of $15 million on their balance sheets, they will likely have very different financial positions depending on the source or destination of cash during the period. One should ask generates that cash flow. The flow of cash is a strong indicator of the health of a business. To identify and understand these sources of cash, one should examine the statement of cash flows to see how a business’s financial positions change. The statement of cash flows presents three primary activities of…

This aligns with the 1 day increase in the Average days sales uncollected (to 53.6) allowing customers more time to pay their bills. Likewise with Inventory turnover, Orica's inventory turnover increased by 2 days (to (XXX), it should be noted that compared to the industry average, Orica has a much shorter turnover rate, pointing to why they may not be as averse to relaxing their credit policy). This indicates that Orica needs to access its inventory to ensure it does not hold obsolete…

reports of Indus Motors for financial years ended 2006 and 2007 from the Karachi Stock Exchange (KSE). However, for Honda Atlas, I accessed the annual reports for the financial year ended 2007 online. These reports not only provided me with complete financial information for three years but also non financial information required to carry out evaluation of the business performance over the three years period. The…

should merge with or acquire the Canadian Biking Inc. facility. Additional Data to consider in your analysis and decision: There are various options to consider in this decision. The following data are used in the analysis. Canadian Bikes, Inc. Financial Forecasts The board of directors of…

KPMG is one among the Big Four. The latter designates the four largest financial audit groups worldwide that are Deloitte, Ernst & Young, PricewaterhouseCoopers and KPMG. In fact, the company's name stands for Klynveld Peat Marwick Goerdeler which is a merger between two auditor companies Klynveld Main Goerdeler and Peat Marwick. Actually KPMG is operating in 152 countries. Each national firm is an independent entity that is part of the universal KPMG network and so member of the KPMG…

94%, meaning it can efficiently cover its short-term liabilities. The company also has a debt to assets ratio of .07%. This number measures the company’s financial risk by determining how much of the company’s assets have been financed by debt. Since Google’s number is equal to industry average it is easy to infer that Google has average financial risk because its assets are significantly higher than its short and long term debt. Google also shows a strong ability to pay off their interest…

expanded its role in central banking and along with time continued expanding and earning a good reputation in the market (Australia, 2014). Commonwealth Bank of Australia is also one of the multinational banks of the world that provides a number of financial services to its clients such as managing the funds, retail services, investment services etc. This group has also got itself…

exchange since 1992, Li & Fung (“LF”) is a Hong Kong based company established more than 100 years ago by Fung Pak-Lui and his partner Li To-Ming. LF provides a holistic supply chain management and value addition at each level of supply chain at a global level (see Appendix A). In its earlier life, LF did not owned any of the boxes of the supply chain. For example, if an order comes in, LF will facilitate the supply chain from raw material sourcing, manufacturing, quality control and finally…

3. Consumer banking Financial Products: Burj Caarsaaz: With Burj Carsaaz you can have your very own auto decision without being overwhelming on your pocket. You are a salaried individual or a businessman; Burj Carsaaz is intended to meet vehicle back requirements of the individuals…