Mathematical finance

example, when an invoice is issued on the sale of goods on credit, the company that sold the goods has a financial asset (the receivable, whereas the buyer has to account for a financial liability (the payable). Therefore, the short-term is a type of finance that can be used by a corporation to improve inventory orders, payrolls, and regular supplies over a period usually a year. It involves commercial paper, promissory notes, letter of credit, et al. 1. Commercial paper is an unsecured and…

Introduction: Interest is generated as the outcome of transaction between borrowers and lenders, one of the earliest financial activities that have ever appeared in the human history. However, the functionality of interest is developed by the evolution of money, an idea that in fact appears later than interest. The modernization of money and interest has never taken a monotonous path: sometimes it breeds financial prosperity, but the next time it may bring catastrophe. As with fire, economists…

Recently, with the development of economy, there are many chances for everyone, which are easier access to launch a new business venture. Under this environment, more and more people are likely to develop a personal business, which is same as self-employed. There are many reasons as follows. First of all, it is an efficient way to increase income and improve standards of living. Running a good business, it can generate steady profit. Secondly, nowadays, there is a huge pressure on employment in…

Background The federal government’s role in regulation is to protect consumers and the market. There is an ongoing debate on whether the federal government should regulate the insurance industry due to the bailouts stemming from the financial crisis of 2008. Currently, state governments regulate the insurance industry. Proponents of federal regulation argue that states are inefficient in the duty of insurance regulation. Additionally, the federal government has economies of scale and may offer…

4.4.3 Hypothesis 03 H3: Activity mix impacts negatively on profit. The activity mix significant value is 0.846 with BOC’s profitability, it is not statistically significant. Therefore there is no evidence to accept the H3 and researcher accept null hypothesis. Fee income generating banks are more likely to have a negative impact on banks’ profitability, reflecting more intense of competition on national and international basis. Therefore when BOC shifts from interest bearing to non -interest…

The first problem is the workforce of the future as the bank dealing with the change and millennial challenge. The advances in technology and stiffer banking regulation has led to increase transparency. Banks are now looking for new ways to deliver value to clients and create a new competitive edge. The nature of the work of the bank is changing in the search for differentiation and drive to digitize the industry’s value chain, along with the skills required to deliver those services. As the…

was seen that many of the respondents gets money from money lenders and they say that it is the easy way to borrow money.21 15. Sangeetha K prathap in her study (2011)“ Financial inclusion of fisher households in coastal Kerala – Role of Micro Finance” observed that based on many aspects such as education, occupation ,wealth of households it is found that there is a positive influence of households in financial inclusion and they are the participants. There are so many micro financing programs…

3.1 Theoretical background of the study Use and significance of ratio analysis:- The ratio analysis is one of the most powerful tools of the financial analysis. this is used to a device to analyze and interpret the financial health of enterprise. Ratio analysis is stands for the process of determining and presenting the relationship of items and groups of items in the financial statements. It is an important tool of the financial analysis. The main following are the points of importance of…

4.0 Strategic Analysis There are two kinds of analyses carried out in order to fathom the features that are interpreted by Public Bank Berhad as leverages, or as disadvantages, both internally and externally. They are SWOT analysis and PEST analysis. 4.1 Strengths The most significant strength of this business is evidently the rank that it holds in the country as the third largest banking group in Malaysia with reference to the size of assets. In addition, Public Bank Berhad has managed to keep…

high added value that combine a variety of functions. The key focus for Hitachi’s financial services in recent years includes the supply of finance schemes for the construction of social infrastructure, helping provide a safe and secure way of life in areas such as healthcare and agriculture, as well as wind power and other forms of renewable energy; vendor finance that helps small and medium sized enterprises adopt IT and business efficiency improvements; and its vehicle solutions…