The year 2008 was hallmarked by a main financial-crisis particularly in United States. The recession witnessed therefrom was the highest since the 2nd world war. This had consequential effect since this financial crisis in U.S spread to other countries which led to detrimental impact to other countries economic system. A detailed analysis showcase that the financial crisis actually commenced in the year 2006, particularly, when the subprime-market for mortgage in United States commenced to…
One of my suggested jobs is to be an Actor. Actors typically read scripts and meet with agents and other professionals before accepting a role, Audition in front of directors and producers, Research their character’s to better portray them to an audience, Memorize and rehearse their lines, discuss their role with the director and other actors, And to perform the role. To be an actor you need to earn a bachelor's degree in theater arts! You are more likely to earn a more important role if you…
in an increase in the operating cycle thus it takes even longer than anticipated by the company strategy. The company strategy implemented reflects the decrease in operating cycles as shown in the table. 5.0 Liquidity and Solvency 5.1 Liquidity Risk Liquidity of a company refers to the ability to satisfy the organization’s short-term obligations by applying assets most readily available to be converted into cash. The liquidity is measured using the liquidity ratios and the formulas are given…
Dear sir with reference to the above mentioned subject the information regarding existing business is as follows: While reviewing sales of company it is observed that our sales increases by 22% each year but that lead to increase in our expenses by the same percentage which leads us to be on loss side each year. Further the increase in sales is not consistent with increase in market, as market is expanding relatively more than our growth that results decrease in our market share year by year. On…
ratings to the loss aversion experienced by investors. Ratings companies such as Morning Star or Standard and Poor rate mutual funds with a one to five start rating system, with five being the highest. The rating each fund acquires reflects cost and risk adjusted historical performance. The article makes the case that the rating system does not take into account each potential investor’s loss aversion. Loss aversion describes the tendency to prefer to avoid losses to acquiring gains. The article…
While the participants in a given Takaful mudarabah have the right to share the surplus profits generated, at the same time they are liable for additional sums if the initial premiums paid during a period are not sufficient to meet all the losses and risk incurred during that period. Takaful companies can also create reserves like conventional insurance companies as there is need for insured to make supplemental contributions if claims exceed…
Inside Chobham is the name of a carpet and fabric shop located in the centre of Chobham, this research report will identify and analyse various sources of finance which are suitable to fund the expansion plans of it’s owner. It’s situated in a town which is primarily populated by families with an above average household income, which makes it an ideal location for a carpet shop which stocks expensive carpets such as Brintons and Couristan. It has been operating for many years now and has managed…
The main impact that S.C.B has on the society and environment is through the business activities that it finances. Therefore S.C.B works with the government, communities and N.G.Os on a continual basis to limit the societal or environmental risks that stem from its financing decisions. S.C.B expects all its partners and clients to adhere to industry-wide benchmarks such as International Finance Corporation and the Equator Principles that would help create competitive advantage for its clients…
rating agencies in India The idea of behind the rating agency was evolved in 1986 with the help of Pradip Shah, an HDFC employee and also an Harvard graduate suggested the idea of the credit rating agency to Nadkarni chairman of IFCI (Industrial Finance Corporation of India), but later he was moved to IDBI. Shah described the concept to Vaghul , head of the ICIC bank. As the result, on January 1st, 1988. India’s first credit rating agency Crisil came into existence…
Financial Planner A financial planner or personal financial planner is a professional who prepares financial plans for people. Managing cash flow, retirement plans, investment strategies, financial risk, insurance policies, tax, estate and business succession plans are the criteria or area of expertise of a financial planner. Role of a financial planner is to optimize the revenue of his client by structuring some brilliant, cost effective strategies. It often happens that people confuse…