Mission statement

According to DAMAC Properties' statement of cash flows as presented in the Annual Report for 2014, the major sources of financing that contributed to cash flows include: Bank Borrowings during the year(amounting to 75.3 million USD in 2014) Net Proceeds from issuance of Sukuk certificates(amounting…

1.0 Introduction On September 3, 1988, when the Tokyo Stock Exchange ("TSE") and the Osaka Securities Exchange ("OSE") propelled stock file prospects exchanging; subsidiary money related items advancement in Japan has get a noteworthy fillip in the meantime (Semkow, 1989). On May 25, 1988, the Japanese Parliament's Securities and Exchange Law has been altered and has made it simple for the improvement. As indicated by the (Semkow, 1989), this statutory change demonstrates a noteworthy defining…

1. Explain why total financial assets in the economy must equal total financial liabilities Financial asset is intangible property from a contractual claim such as stocks, bank deposits, and bonds. All of them should be worth to receive monetary value. Financial liability is a company's obligation or debt which a company has to pay back the amount of borrowing money. Total financial assets and total financial should be equal it's because the balance sheet is based on accounting equation. Since…

Weekly Review on Coca-Cola Amatil (15/8-21/8) Coca-Cola Amatil released its first half financial result on the 21st of August. Its share price, which has fallen 2.951% since 14th of August, rose as much as 8.070% in the morning before closing up 2.690% at $8.780. Although the result was not extraordinary, Coca-Cola Amatil net profit increased 0.9% to $183.9 million when compared with the same period last year. Furthermore, its trading revenue rose 4.9% to $2.450 billion and the earnings per…

Donna Hogan, store manager of a shoe store, pleaded guilty to charges of stealing $71,128 cash from the business. This amount was accumulated from over 697 transactions over a period of 2.5 years. Hogan managed to use false refunds and receipts from shoes that were still in the store. She would then take the funds from the till where she spent it mostly on clothes. According to her psychiatrist, this was motivated by “depression and emotional disconnection”, however, the prosecutor argued it was…

There’s no known cure for greed. That said, the fall of Enron was inevitable from its inception, for whichever way the head goes, the body follows and with Ken Lay as the head, one could expect nothing less. Can a rotten tree produce good fruit? My initial response to the movie, “The Smartest Guys in the Room”, was to discuss Lay and Skilling. But a more careful consideration of the matter, I had to admit that they really weren’t the problem, even though they were the deed doers. None of…

Partial distribution for the estate of the Lora Lee Eaker Trust dated / /2016 by appointed estate trustee George W, Eaker Jr. On this date / /2016 George W, Eaker distributed the principal and interest received from three Certificate of Deposit and one savings account held in the Montgomery Bank of Cape Girardeau, MO that belongs to the Lora Lee Eaker Trust in the amount of $206,220.78. Two certificates (1) $55,556.27 (2) $63,071.27 were being held in the First Missouri Bank of…

• The first new thing I learned is that adherence to principles and practices for nonprofit excellence in Michigan are not mandatory. • The second new thing I learned tis a nonprofit with annual total revenue of 500,000 or more must subject its financial reports to an annual audit by the Certified Public and for nonprofits with an annual total of 250,000 they must have an independent review. • The last new thing I learned is that the board should be comprised of at least five persons unrelated…

Forensic Accountants are accountants who conduct investigations, know how to use various computer programs and communicate well with others. Some forensic accountants specialize in specific industries that are susceptible to fraud. Insurance and banking industries are considered a higher risk for fraud. These accountants learn their business practices of these fields in order to understand what is happening and be able to stop the fraud. They need to be discrete when they are conducting…

In the most recent quarter ending January 31, Staples reported a drop in sales for the eighth quarter in a row. Staples attributed the low sales to a decreased demand for computers and computer accessories. Staples did report an increase in online sales for both this recent quarter as well as the 2014 fiscal year. The rise in online sales were attributed to Staples’ increased online presence, which include improvements to its desktop and mobile platforms. Q4 financials: Sales down 3.7% to…