Infrastructure Asset Management

The Premier Diamond Mining Company was founded by Thomas Cullinan (later Sir Thomas) in 1902, near the end of the second Boer War (South African War 1899 - 1902). The land was originally part of the Cornelis Minnaar Farm and was purchased for a sum total of £52,000 by Thomas. The company was first registered on the 6th November 1902 as the Premier Syndicate but was later re-registered as the Premier Transvaal Diamond Mining Company Ltd. on 1st December, 1902. Cullinan Village was established in…

Blinder and Maccini (2001) concluded that cash conversion cycle is the most important aspect in working capital management. In fact it tells about the investment and credit decisions in the customer, inventory and suppliers, which show average number of days started from the date when the firm starts payments to its suppliers and the date when it begins to receive payments…

i. Introduction Wilkerson Company is facing an issue where the company is facing lower pre-tax operating margin. Their pre-tax operating margin being that of 3%, and when that is compared to other pre-tax operating margins, it was found that other companies are about 10% pre-tax operating margin (Kaplan, 2001) . Therefore, Wilkinson is 7% lower. Fortunately for Wilkerson, they have increased their prices by 10% and it has not affected the buyers, so they have not lost any business in doing so…

reasonable compromise between the interests of the development of standards and managers. Here I will use 3 outside textbook references which relates to due process that help to support my points. Credit Losses Credit-related impairment losses of financial assets. The project involves the preparation of reports. The goal of the project is to significantly improve the financial instrument users of financial…

articulations are developed—the classes of things that monetary explanations comprise."33 They concentrate specifically on things identified with measuring execution and to reporting budgetary position. The meanings of these components operationalize the assets, claims, and changes…

the weaknesses of the business, management can eliminate and/ or manage threats that otherwise can undermine the business goals and objectives of the business ('Mind Tools', 2016). The factors used in SWOT analysis include: Strengths Strengths describes the positive attributes tangible and intangible that are internal to the organization and are within the organization’s control. It analysis the internal resources a company has for example tangible assets within the organization and…

financial performance beyond the application of cash and supports a better decision making by internal management by providing information on the full cost of operations and the resources used to deliver services to the public 1-Revenue and Expense Matching The most fundamental benefits of accrual basis accounting, the revenues is matches to the expenses incurred to generate them, allowing management to monitor its profitability. According to Investopedia, this is particularly important as…

3. STATIC BUDGETS A static budget contains elements where expenditures remain unchanged with variations to sales levels. Overhead costs represent one type of static budget, but these budgets aren't confined to traditional overhead expenses. Some departments may have a fixed amount of money set in budget to spend, and it is up to managers to make sure such amounts are spent without going over-budget. This condition occurs routinely in public and nonprofit sectors, where organizations or…

Over the past three years, Under Armour’s operating margin has decreased from 11.5% in 2014 to 10.3% in 2015 to 8.7% in 2016. Meanwhile, Nike’s operating margin has stayed somewhat consistent with 13.6% in 2015, 13.9% in 2016, and 13.8% in 2017. Similar to Nike, Lululemon stayed consistent with 20.9% in 2015, 20.5% in 2016, and 23.4% in 2017. This is an indication of the company's profitability from current operations before tax. Each company is looking to improve long-term growth for future…

The biggest problem Reed Supermarket is facing is the loss of their market shares to their competitors who offer similar products for lower prices. The rise of supercentres, warehouses, and dollar stores alike have demonstrated the buying habits of today’s cost-conscious customers. Sales have declined in Reed Supermarkets, the change being -0.05% over five years from 2005-2010 with customers citing high prices as a deterrent. In 2010, a household in Columbus makes an average of 2.1 weekly trips…