...The main issue of this case is whether Josie Esquivel should stay at Lehman Brothers or accept Morgan Stanley’s job offer. There are three possible alternatives to solve this problem, which are (1) stay at Lehman Brothers; (2) accept Morgan Stanley’s offer; (3) Leave Lehman Brothers and find and another job but not to accept the offer of Morgan Stanley. Following are feasibility analysis of each alternative. Stay at Lehman Brothers Strengths: • Esquivel can continue to build her franchise • Lehman’s research department was ranked number one on the Institutional Investor’s All-America Research Team • Fred Fraenkel was in charge of Lehman’s research department, which means Esquivel can work comfortably with her colleague. Also, she was personally very loyal to him. • The Lehman’s performance evaluation system was fair Weaknesses: • Esquivel was not financially rewarded for her performance • Lehman was not investing considerable resources in Esquivel’s sector • Esquivel’s trust relationships were gone with Lehman’s cost cutting • In order to keep successful in her industry, Esquivel needed to conduct a larger workload with lesser resources and little appreciation. • Lack of competition; characterized life at Lehman had dissipated during the late eighties The feasibility of this alternative is very low. According to the strengths and weaknesses analysis above, the challenge of Esquivel is very small if she stays at Lehman Brothers. However, Esquivel concluded that she...
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...FIN 324 Week 5 Learning Team Assignment Investor Profile Paper Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/fin-324-week-5-learning-team-assignment-investor-profile-paper/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Two lenders Sears and Roebuck use are HSBC Bank USA, National Association, and CitiCard. HSBC Bank USA, National Association is a bank that operates out of New York City with it s head office in Mclean Virginia (“RENAISSANCERE HOLDINGS LTD 2007). The bank is chartered in the National Bank Act and the Office of the controller of the currency, which is a part of the US Department of the treasury, regulates this bank (“8-K: HSBC USA INC /MD 2007). Sears credit card business is operated by CitiCard the world’s largest provider of credit cards. The investment back that Sears and Roebuck use to issue stock is Citi Bank. An investment back its job is to raise capital for Sears. Citi Bank sells securities to public investors in order to do this. The securities can come in the form of bonds or stocks. An investment bank performs two functions; mergers and acquisitions advisory and underwriting. The mergers and acquisitions side of the corporate finance, bankers perform the negotiating and mergers between two companies. Underwriting involves the process...
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...BMS1024 MANAGERIAL STATISTICS ASSIGNMENT The objective of this assignment is to test your understanding in the lessons learnt in Topics 1 until 10. It is also designed to test and enhance your critical thinking skills. Please follow the respective due date given below. Monday; 29th April 2013 before 5 p.m. to your respective tutor (Week 8) The assignment carries 20% of your coursework marks. Instructions: 1) This is a grouped assignment with a maximum of 4 members from the same lecture section. 2) The printed-out assignment must be submitted latest by the stated deadline. 3) Be sure to include the Assignment Cover Sheet which has been signed by you and your members. A penalty of 10% will apply for each day thereafter unless an extension of time has been granted by your lecturer before the due date. 4) The assignment must be typed written in the Microsoft Work in a report format. Handwritten or soft copy assignment is not acceptable. There is no restriction on the number of pages, font type, font size etc. You may include relevant Excel tables, graphs and charts if necessary. The quality of report presentation should be worthy of submission to your employer or project manager. Some marks will be deducted for submitting a sloppy report. 5) Be reminded that plagiarism is a serious offense. Any assignment that has been plagiarized from the Internet or from the other classmates will receive ZERO marks! 6) Refer to the Excel file to solve the cases. HH 1 BMS1024 ...
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...BMS1024 MANAGERIAL STATISTICS ASSIGNMENT The objective of this assignment is to test your understanding in the lessons learnt in Topics 1 until 10. It is also designed to test and enhance your critical thinking skills. Please follow the respective due date given below. Monday; 29th April 2013 before 5 p.m. to your respective tutor (Week 8) The assignment carries 20% of your coursework marks. Instructions: 1) This is a grouped assignment with a maximum of 4 members from the same lecture section. 2) The printed-out assignment must be submitted latest by the stated deadline. 3) Be sure to include the Assignment Cover Sheet which has been signed by you and your members. A penalty of 10% will apply for each day thereafter unless an extension of time has been granted by your lecturer before the due date. 4) The assignment must be typed written in the Microsoft Work in a report format. Handwritten or soft copy assignment is not acceptable. There is no restriction on the number of pages, font type, font size etc. You may include relevant Excel tables, graphs and charts if necessary. The quality of report presentation should be worthy of submission to your employer or project manager. Some marks will be deducted for submitting a sloppy report. 5) Be reminded that plagiarism is a serious offense. Any assignment that has been plagiarized from the Internet or from the other classmates will receive ZERO marks! 6) Refer to the Excel file to solve the cases. HH 1 BMS1024 ...
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...JM Ferreira Student Nr: 10011678860 Hotel Accounting 1 P O Box 10278 Assignment Code: 72367 B Test: 1 Edition 1 FONTEINRIET 1460 Tel: 0829283527 15 March 2015 Question 1. The accounting equation: Indicate classification of the items presented below by a tick, see example 1. | Assets | Liabilities | Owner’s Equity | 1. Cash | | | | 2. Bank Overdraft | | | | 3. Capital | | | | 4. Loans | | | | 5. Salaries Payable | | | | 6. Land and Buildings | | | | 7. Telephone Payable | | | | 8. Advertising Payable | | | | 9. Stock on Hand | | | | 10. Purchases | | | | 11. Rent Expense | | | | Question 2. Explain the importance of financial information for the following users: * Customers. Customers use Financial Statements to assess whether a supplier has the resources to ensure a steady supply of goods in the future. This is especially vital where a customer is dependant of a supplier for a specialized product or component. * Suppliers Suppliers need Financial Statements to assess the credit worthiness of a business and ascertain whether to supply goods on credit. Suppliers need to know if they will be repaid. Terms of credit are set according to the assessment of their customers' financial health. * Government Governments require Financial Statements to determine the correctness of tax declared in the tax returns. Government also keeps track...
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...HIGHER NATIONAL DIPLOMA Assignment |STUDENT NAME |: | | |EDEXCEL REGISTRATION NO. |: | | |PROGRAMME |: |HND | |SEMESTER |: |04 | |UNIT NO./TITLE |: |35/ Distributed Design and Development | |ASSIGNMENT NO. |: |01 | |ASSIGNMENT TITLE |: |City Bank Distributed Design System | |UNIT OUTCOMES COVERED |: | | | 35.1 Understand Microsoft architecture for enterprise applications | |35.2 Design a distributed application ...
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...ACTIVITY BASED COSTING ASSIGNMENT - LEARNING EXERCISE Students will select a company or firm or business unit in any one of the following industries: 1) Manufacturing 2) Insurance 3) Bank 4) Health care 5) Hospitality 6) Government 7) Service Each student should explore the internet for an example of a company that had implemented Activity Based Costing (ABC) and Activity Based Management (ABM) with a focus on determining customer profitability. Prepare a report (suggested length – not more than 10 pages) covering the following and give a briefing in the class: 1) Describe, in brief, the company and its business. 2) What was the problem faced by the business or company? 3) What was the scope of ABC / ABM project? 4) What were the goals for the ABC / ABM project? 5) How ABC/ABM was implemented? 6) Summarize the results achieved after implementation of the project. Financial evaluation of results by quantification expected. 7) Your observations, comments, criticism and suggestions, if any. 8) Legend, bibliography, references etc. Submit assignment to Exam Section. Print-out of PPTs (handout mode – 4 or 6 slides per page) can be submitted later, but before presentation in the class. Important: This is an individual assignment and each student should select different company from the sector selected for study and complete the assignment. Please inform other...
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...ACC 205 Question 2 – Assignment a. Prepare journal entries to record the transactions. 12/1 Borrowed $20,000 from the First City Bank by signing a 3- month, 15% note payable. Interest and principal are due at maturity. Dr Cash $20,000 Cr Notes payable $20,000 12/10 Established a warranty liability for the XY-80, a new product. Sales are expected to total 1,000 units during the month. Past experience with similar products indicates that 2% of the units will require repair, with warranty costs averaging $27 per unit (parts only). Dr Warranty expense 540 (1,000 x 2% x $27) Cr Warranty liability 540 12/22 Purchased $16,000 of merchandise on account from Oregon Company, terms 2/10, n/30. Dr Merchandise inventory $16,000 Cr Accounts payable $16,000 12/26 Borrowed $5,000 from First City Bank; signed a 15% note payable due in 60 days. (Assume 360 days for daily interest calculation) Dr Cash $5,000 Cr Notes payable $5,000 12/31 Repaired six XY-80s during the month at a total cost of $162. Dr Warranty liability $162 Cr Cash $162 12/31 Accrued 3 days of salaries at a total cost of $1,400. Dr Salaries expense $1,400 Cr Salaries payable $1,400 b. Prepare adjusting entries on December 31 to record accrued interest for each of the notes payable First City Bank $20,000 x 15% x 1/12 = $250 (being 1 mth's interest) $5,000 x 15% x 5/360 = $10.42 (being int. for 5 days) Dr Interest expense $260.42 Cr Interest payable $260.42 Hope...
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...Business Ethics - Assignment Submission On Unethical Behaviour in Organizations DOCUMENT DETAILS FILE: ASSIGNMENT-BUSINESS ETHICS CREATED BY: VISHESH M. KASHYAP & AJIT A. JOSHI CREATION DATE: 09-MAR-2013 VERSION NO: 1.0 Assignment 1 TABLE OF CONTENTS 1. ABOUT THE TOPIC – LIBOR SCANDAL ........................................................................................................................ 3 1.1. 1.2. 1.3. 1.4. 1.5. 1.6. 1.7. 1.8. INTRODUCTION TO THE CASE ..................................................................................................................................... 3 LIBOR AND ITS USAGE .......................................................................................................................................... 3 DETAILS OF THE CASE AND IMPACT ON STAKEHOLDERS ...................................................................................................... 4 UNETHICAL BEHAVIOUR OBSERVED ............................................................................................................................. 5 REMEDIAL MEASURES ........................................................................................................................................... 6 SUMMARY & CONCLUSION REMARKS .......................................................................................................................... 8 MISCELLANEOUS - ASSIGNMENT DOCUMENT RECEIVED ............................................
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...THE CITY BANK Introduction: The City Bank Limited is a full service scheduled commercial bank. It has both local and International Institutional shareholder. The bank is primarily driven with a view of creating opportunities and pursuing market niches not traditionally meet by conventional banks. The City Bank has been motivated to provide “best-in-the-class” services to its diverse assortment of customers spread across the country under an on-line banking. Today, The City Bank is one of the fastest growing banks in the country. The City Bank Limited started its journey on the 4th of July 2001 with a vision to be the absolute market leader. Company Profile: In the last six years of operation, the Bank has disbursed over BDT 7500 crore in loans to nearly 200,000 small and medium entrepreneurs. Since inception in July 2001, the Bank’s footprint has grown to 56 branches, 30 SME Service Centers, 427 SME unit offices and 112 ATM sites across the country. In the years ahead The City Bank ltd. expects to introduce many more services and products as well as add a wider network of SME unit offices, Retail Branches and ATMs across the country. Human Resource Division’s Wings: Human Resource Division of the City Bank Limited has work with six wings. The wings are Recruitment. Administration. Training. Pay Benefits. & Performance Appraisal MIS & Strategic Planning. Selection and Recruitment: Selection and Recruitment is an integral part of any organization...
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...Group Assignment Food Loss and Food Waste – Master Level Learning Objectives: After completing this assignment student should be able to 1. Plan and Implement real world research work on selected socio-economic problem in the society 2. Divide bigger socio-economic problem in to sub-thematic areas 3. Develop and explain indicators/measurements relating to thematic area of socio-economic problem in the society Learning outcomes: After completing this assignment student should be able to 4. Describe problems, issues and status of the socio-economic aspect of a Food system 5. Explain the main areas of concern in a food system 6. Identify the key indicators of major thematic areas of food system 7. Evaluate the Colombo city region Food system Assume you are appointed as a sub-group of bigger research team who is involved in socio-economic study on Colombo City Region Food system. The team leader explains the core objectives and aims of the study to all groups and following information is the summary of the explanation. The problem and scope Food is one of the basic biological requirement of humans where every living being requires sufficient nutrients to be healthy and survive in the world. However, food is not readily available for everyone at same level and there are significant disparities in food security of different segments of the society due to various reasons mainly stem from availability, affordability and quality of food. Availability of food...
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...Assignment #2 Cash The information that follows is grouped into two categories: 1) Internal Control and 2) Substantive Audit Procedures. This information is to be used to complete the exercises for this assignment. Relevant Information Internal Control Peach Blossom Cologne Company’s general disbursement checking account (account number 101) is with the Big City National Bank, Main at Michigan Avenue, Chicago, Illinois. It is used for all cash receipts and disbursements transactions. The following internal control questionnaire pertaining to cash receipts, cash disbursements, and cash balances was completed by Jasper Parsons on December 15, 2009. Review this questionnaire carefully along with the Permanent File material describing the control environment, as well as the accounting and control procedures related to the various cash subsystems. Your firm has found that personnel involved in this area are generally competent. As you read this material and analyze the internal control questionnaire, keep in mind the six control procedure categories: (1) segregation of duties, (2) access, (3) authorization, (4) input controls, (5) processing controls, and (6) output controls. Then consider possible errors or irregularities that could occur in the accounting system related to cash transactions and balances. Typical errors or irregularities involving cash receipts, disbursements, and balances include: Cash Receipts 1. Cash receipts may have been deposited...
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...Case Study on Breach of Director’s duties at Tiger Asia Company Business Law: Individual Assignment arsHaad Mustafa Case Study on Breach of Director’s duties at Tiger Asia Company Business Law: Individual Assignment arsHaad Mustafa 2014 2014 Tiger Asia and executives punished for market misconduct [Bill Hwang, founder of Tiger Asia, was banned from securities trading in Hong Kong for four years.] The Market Misconduct Tribunal yesterday said hedge fund Tiger Asia Management and two of its senior executives, Bill Hwang Sung-kook and Raymond Park, engaged in market misconduct and banned the company and Hwang from securities trading in the city for four years. Hwang, the founder of New York-based Tiger Asia, and Park, the head of trading, last year admitted to insider dealing in the shares of two mainland banks and were ordered by the court to pay more than HK$45 million to about 1,800 investors. In a statement announcing the tribunal's ruling, the Securities and Futures Commission said: "This heralds a sterner approach in respect of protective measures provided under our law. The SFC will track down and take action against wrong-doers wherever in the world they may lurk." The trading ban was shorter than the five-year "cold shoulder" order sought by the SFC. Park, who had suffered from a debilitating stroke, was not banned due to his incapacity. Tiger Asia reached a US$60 million settlement deal with the US Securities and Exchange Commission in December 2012 for...
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...Inland National Bank Case Study objectives: • to show how... 1. stakeholders’ needs and demands are often interlinked with one another, 2. consequently affecting each other, 3. and ultimately, impacting the business firm in their decisions. • to serve as an exercise for future requirements. ? QUESTION who are the stakeholders in this case? which are primary, and which are secondary? what influence do they have? draw a diagram of the stakeholder relationships to INB. how are they related to each other? primarystakeholders investors owners stockholders CEO: “technology could better serve customers.” senior management amy miller (manager) employees / labor unions customers old neighborhood (Rockdale) poor neighborhood (N. Madison) secondarystakeholders local government /city officials Sheila Thomas (city council member) media state & federal banking officials state banking commissioner newly appointed by the governor heard public’s opinion general public picketers, etc. ? QUESTION if INB decides to close one or both of the branch banks, how will the business-government-society relationship come into play? what considerations must be weighed by INB’s management? how might the issue develop? Inland National Bank has acquired Home Savings Bank (HSB) has a reputation for community involvement & solid financial performance has a good reputation with state & federal bank regulators in terms of compliance with banking...
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...15 Individual Assignment 1 – 20% Early year 2013, you established a new bowling alley in Sintok, Kedah. After a long discussion with some bowling alley suppliers locally, the initial capital needed to start the business is RM1 million. You and two other partners had contributed RM200 000 each. OCBC bank had approved your long term loan application for amount RM500,000, 5% monthly compounded for 15 years, effective on 1 Feb 2013. The monthly payment is made at every end of monthly payment term. The cost for bowling alley is RM900,000 and was constructed on 1 March 2013 by Ampang Superbowl Malaysia Sdn Bhd (ASMSB). ASMSB agreed that the payment arrangement would be made as follows: * 50% on 1 March 2013 * 30% on 2 July 2013 * 10% on 15 Oct 2013 * 10% on 15 Jan 2014 In addition, you also borrowed from CIMB bank to acquire a new building located at EDC Hotel. EDC Hotel agreed to sell the building for RM300,000 on 15 April 2014. CIMB bank approved your loan application for amount RM250,000, 4% quarterly compounded for 10 years, effective on 1 July 2013. However, the quarterly payment should be made at beginning of quarterly payment term. The payment arrangement with EDC Hotel as follows: * 40% on 31 April 2013 * 30% on 15 August 2013 * 30% on 15 Jan 2014 1 November 2013, you had contributed RM100,000 as an additional business capital, later 1 Jan 2014 both of your partners also contributed RM50,000 each. All excess cash is kept in PBB bank in Changlun. The...
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