The figure above showed inflation rates from year 2007 to year 2012. In year 2007, the inflation rate is 4.10% and plummeted down to 0.10% in 2008. However, this inflation value increase in the year 2009 to 2.7% and drop to 1.5% in 2010. From 1.5%, the inflation rate risen up to 3% in 2011. In year 2012, the inflation rate is 1.7%. The pattern of the inflation rates between these years is inconsistent. (“Current US Inflation Rates: 2005-2015”) High inflation rates between the years of 2007 to…
Stock Exchange. The company provides financial and investment banking services including financial planning, investment, and asset management to individual investors and corporations. Raymond James’s mission is to commit their energies, intelligence and understanding to attaining the financial objectives of our clients by providing the maximum level of service and delivering superior investment alternatives. The firm services over 2.7 million client accounts with a total of $500 billion in…
Operating Loss Carryback and Carryforward (1) A net operating loss carryback is applied to the income of the two preceding years in reverse order, beginning with the second year and moving to the first year. (Stice, 2014, P.16-3a). Year Taxable and Pretax Financial Income Income Tax Rate Income Tax Paid 2013 $33,100 40% $13,240 2014 22,500 34% 7,650 Amount of income tax refund due Aruban = $20,890 (2) Operating…
analyze the given information thoroughly and completely. The information was analyzed to provide results that are most important to consider in investing decisions. Revenues Best Buy recognizes revenue from six categories: consumer electronics, computing and mobile phones, entertainment, appliances, services and other. Their revenue arises primarily…
Freedom occurs in the speech about 20 times. He repeats word and phrases in his speech so the audience can come to know what he wants. He repeats the word "I have a dream" so people could understand his main purpose of standing in front of his audience. Words such us "negro", "we", "nation" are repeated to show the audience who is apart of his speech and who he wants to give freedom to. These words also grab the audiences attention because they appear many times in many stages of the speech. It…
It is important to know the financial condition of a business in order to know whether the business have the financial capacity to perform its mission. Usually judgments about financial condition are made on the basis of financial statement analysis, which focuses on the data contained in a business’s financial statements (i.e. 1. the income statement, 2. the balance sheet and 3. the statement of cash flows). Financial statement analysis is applied both to historical data, which reflect the…
Boilermaker Commercial Ovens, Inc., has just announced that is has gone into contract with McMiller’s Restaurants to install ovens in all of the McMiller’s new locations. The project will go on for 8 years, and free cash flows will be reduced by $1,000,000 for each of the first two years of the contract, which starts today, and free cash flows will be increased by $3,000,000 for each of the final six years of the agreement. Boilermaker has a weighted average cost of capital of 9%. There are…
Personal Cash Flow Statement Assignment How does a personal cash flow statement help you organize your finances? A personal cash flow statement gives you the ability to separate your finances in diverse groups so you can receive a idea of where certain parts of your income is going, I enjoy the ability to see details about my finances. Like when you go shopping the cashier gives a receipt, this allows you to see how many items you purchased. Spending plays a large part in your cash flow…
Degree of competitive rivalry – There is a very low degree of competitive rivalry with this expansion. This is primarily due to the “clout in the Wynn name” (Pearce & Robinson, p.30-9, 2011). This name symbolizes luxury and the best quality of service available everywhere. To continue to ensure this high ranking status, Wynn Resorts has implemented a new policy where pit bosses are rewarded for making customers happy. All of this provides for little opportunity for rivalry from other…
College Scholar Academy Background My educational business is a college access consulting service practice. The market area for my business is students and parents who live in Michigan and surrounding Midwest areas. I will target homeschool, virtual school, suburban area, Upper Peninsula Michigan, and international students. The academy will help students with their educational goals but it will also help parents too. The academy will help parents who: Feel overwhelmed with the college…