...Should We Have Mandatory Financial Literacy Classes In Order To Graduate? Financial literacy classes would be an excellent idea. In source #4 the article titled Finance Course Prompts Debate, Patricia Hummel states that “Unless this class is mandated, students will not take advantage of the class.” That statement in some ways is highly correct, but the finance class does not have to be mandatory in order for students to take it. In some cases many students want to take the course and get a better understanding of the financial world and should have that opportunity. In source #1 the article from the New York Times “Working financial literacy in with the three R’s” written by Tara Siegel Bernard, Dartmouth College Economics Professor Annamaria...
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...RESEARCH PAPER ON FINANCIAL STATEMENT ANALYSIS OF MBA Spring 2012 Course Title: Financial Accounting Course No : MBA 505 Date of Submission: 27th April, 2012 Table of Contents No | Descriptive Topic | Page no | 1 | Introduction | 4 | 2 | Objective | 4 | 3 | Overview of The Company | 5 | 4 | The Significant Recent Events | 6 | 5 | Auditors Report | 8 | 6 | Financial Highlights of Each Company | 9 | 7 | Horizontal Analysis | 10-14 | 8 | Trend Analysis | 15-18 | 9 | Vertical Analysis | 19-20 | 10 | Cash Flow Analysis | 21 | 11 | SWOT Analysis | 23 | 12 | Conclusion & Recommendation | 24 | 13 | References | 25 | 14 | Appendix | 26 | 1. Introduction: Microsoft provides software and services that help people communicate, do their work, be entertained, and manage their personal lives. Over the past 30 years, innovative technology has transformed how we access and share information, changed the way of businesses and institutions operate, and made the world smaller by giving us instant access to people and resources everywhere. Microsoft was founded in 1975 and remains a leader in the wave of innovation that has created so much new opportunity, convenience, and value over the past three decades. Financial statement analysis is an analysis that highlights the important relationship in the financial statements. Financial statement analysis...
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...CHEMUNG COUNTY (WENY) - It's estimated that more than 50 million Americans are the victims of financial fraud and scams. Here in the Southern Tier, the Federal Trade Commission, says seniors had more than $1.6 million stolen. U.S. Senator, Kirsten Gillibrand has introduced legislation to help seniors report these scams. It's called Senior Financial Empowerment Act and it's designed to improve the way fraud and scams are reported to prevent the elderly from becoming victims. Charlotte Pickelhaupt from Chemung County got a phone call one day from who she thought was her eldest grandson Eric. He said his was the at U.S Embassy in the Dominican Republic and got in trouble with the law and needed money. "'We need $5,000 again, because Oma you...
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...Sensitivities Provide Useful Measures of Financing Constraints’ by Kaplan and Zingales (QJE,1997) The research paper written by Steven N. Kaplan and Luigi Zingales as titled above which was published in year 1997 is to test the relationship linking investment-cash flow with financial constraint. In their research, they found that firm with a low level of financial constraint have a tendency to have a high investment-cash flow sensitivity. However, the findings contradict with the other research paper especially the FHP, 1988 paper. They used the same sample used in research done by Fazzari, Hubbard, and Petersen (FHP, 1988). But they only took the firms from Class 1 in FHP research which is manufacturing firms and classified as low dividend firms with dividend payout ratio with value below 10%, where they believe to be firms with an abnormally high investment-cash flow sensitivity (Kaplan & Zingales, 1997). The reasons why Kaplan and Zingales chose Class 1 firms as their sample are because of the strong connection illustrated between the firm’s investment and cash flow, FHP argue Class 1 firms are financially constrained even the result indicates that the firms have significantly high sensitivity of investment-cash flow, and lastly because the sample size is considered manageable for a costly research design. They follow the same timeline which is from year 1970 to 1984. Research is conducted by first determining the demand accessibility for funds through several resources including...
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...BA 470 ASSIGNMENT BA 470 WEEK 3 – 5 – 6 – 7 ASSIGNMENT “Company Research Paper” “Financial Plan (First Draft)” “Financial Plan (2nd Draft & Final Draft)” “Executive Summary” BA 470 ASSIGNMENT To purchase this tutorial visit here: http://mindsblow.us/question_des/BA470ASSIGNMENT/32 contact us at: help@mindblows.us BA 470 ASSIGNMENT BA 470 WEEK 3 – 5 – 6 – 7 ASSIGNMENT “Company Research Paper” “Financial Plan (First Draft)” “Financial Plan (2nd Draft & Final Draft)” “Executive Summary” BA 470 ASSIGNMENT To purchase this tutorial visit here: http://mindsblow.us/question_des/BA470ASSIGNMENT/32 contact us at: help@mindblows.us BA 470 ASSIGNMENT BA 470 WEEK 3 – 5 – 6 – 7 ASSIGNMENT “Company Research Paper” “Financial Plan (First Draft)” “Financial Plan (2nd Draft & Final Draft)” “Executive Summary” BA 470 ASSIGNMENT To purchase this tutorial visit here: http://mindsblow.us/question_des/BA470ASSIGNMENT/32 contact us at: help@mindblows.us BA 470 ASSIGNMENT BA 470 WEEK 3 – 5 – 6 – 7 ASSIGNMENT “Company Research Paper” “Financial Plan (First Draft)” “Financial Plan (2nd Draft & Final Draft)” “Executive Summary” BA 470 ASSIGNMENT To purchase this tutorial visit here: http://mindsblow.us/question_des/BA470ASSIGNMENT/32 contact us at: help@mindblows.us BA 470 ASSIGNMENT BA 470 WEEK 3 – 5 – 6 – 7 ASSIGNMENT “Company Research Paper” “Financial Plan (First Draft)” “Financial Plan (2nd Draft & Final Draft)” “Executive Summary” BA 470 ASSIGNMENT ...
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...DATABASE DESIGN Research Paper You are to write a research paper about an approved topic in the field of Information Technology (IT) Management, preferably in the area of Database Systems. The topic must be of current interest to the IT professionals. The deadline for the topic approval is September 20. You must turn into me one page (single-spaced) ‘Abstract’ of your paper by that date. A partial list of journals which publish articles pertaining to the IT area is attached. These publications are some of the source for your research work. Your paper must be between 12 and 15 pages of typed, doubled-spaced text, not including your references and any appendices or attachment. Plagiarism will result in a grade of zero. Your research paper is due on November 29. It will be graded according to the criteria on the attached page Suggested Structure of Research Paper Abstract: Half-page (single spaced) summary of the paper I. Introduction: - Problem Background -Problem Importance - Purpose and contents of this paper i. Target audience of the paper ii. Overall objective iii. Within the overall objective, the specific issues or question addressed in the paper iv. A precise statement of the content of the paper v. Scope and limitation of the paper vi. Usefulness of the paper - How would the target audience...
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...evaluate the financial health of a company. Write a 750- to 1,000-word paper in APA format and create a PowerPoint® presentation that summarizes your evaluation. Prior to writing the paper, you will need to research your chosen company and conduct an industry comparison to determine how your company’s financial performance compares with others in its industry. To begin your research, you can refer to the work you completed in the Week One CheckPoint and the Ch. 1 PowerPoint®. As you conduct your research, consider the following factors as a guideline for determining the financial health of your company: Financial data from the company’s annual report or 10-K report Current and future financial performance of the company Success of the company’s operations Policies and strategies of management Performance of the economy How the company is doing in comparison with its competitors in the same industry You can also refer to the information and examples in Ch. 6 to complete your evaluation: pp. 194-196 outline various sources you can use in addition to financial statements, pp. 195-196 focus specifically on library resources for help with comparative research, and Figure 6.2 on p. 212 lists the steps of a financial statement analysis. The following information must be included in your paper: A summary of your company’s current financial performance The importance of industry comparisons and trend analysis An assessment of your company’s financial performance...
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...McBride's Financial Services Bryan Mills BSA 310 09-03-2012 Donn Leiske McBride's Financial Services McBride Financial Service is a low cost mortgage service that is using new technology. McBride Financial Service is a start-up regional mortgage lender headquartered in Boise, Idaho. The firm will specialize in conventional, FHA, and VA loans for home purchasing and refinancing. McBride Financial Service has locations in five states Idaho, Montana, Wyoming, North Dakota, and South Dakota and provides low cost mortgage services. The clients that they serve are professionals purchasing a primary or secondary home, retirees purchasing a primary or secondary home, and families or individuals purchasing recreational properties. McBride Financial Service is trying to increase the customer base and needs some ideas to implement into the new marketing plan. The purpose of this paper is to critique ideas to expand the customer base for McBride Financial Services. The paper will be covering the market research that should be undertaken. The paper will show, which media type would be the best choice to use and why. The paper will also show what McBride Financial Service target markets should be, and explain why McBride Financial Services should use these markets. Finally, the paper will show the considerations for McBride to conduct a portion of their marketing on the Internet and the reasons McBride Financial Services should use these services. The first thing that will be covered...
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...1. Financial Reporting * Accurate financial reporting is paramount to the establishment of a level playing field for businesses. It also aids in analyzing trends in business and the economy. The first part of the research paper should outline the different offices and bureaus of financial reporting and why they are significant. The second part of the research paper will present some positive and negative examples of financial reporting results and offer analysis about them. These examples can incorporate both current events and historical events. Contract Theory * After explaining contract theory and how agencies arrange incentives, the research can focus on how this theory is a blend of workplace practice and economics. This paper will heavily rely on the fields of law and economics, and should explore situations such as moral hazards, adverse selection and signaling. Conclusions of this paper will focus on the larger implications for the field of accounting. Sponsored Links Read more: Suggested Topics for Research Papers on Accounting | eHow.com http://www.ehow.com/info_7975932_suggested-topics-research-papers-accounting.html#ixzz24oQfrtTV Productivity Measurement * Even though productivity has become a common household word, the concepts behind it are very complex. A research paper on this topic would explore the many kinds of productivity measurement in a variety of industries. The effects and implications of this productivity in the field of accounting...
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...GB550 Financial Management Unit 1 Final Project Click Link Below To Buy: http://hwaid.com/shop/gb550-financial-management-unit-1-final-project/ Unit 1 Final Project Overview: The Final Project is due at the end of Unit 5. Overview The purpose of the Final Project Research Paper is to examine capital-structure theory, issues, and debates, while showing how capital-structure choices affect a firm’s return on investment (ROI) and its risk profile. Directions Your Assignment is to select a publicly-held company and to analyze its capital structure, applying the theories and principles found in Chapter 15 of the text. The structure of your research paper should include: • A preview of capital structure issues • Business and financial risks related to capital structure • Modigliani and Miller’s [MM] capital-structure theory • Criticisms of the MM model and assumptions • Capital structure evidence and implications • Estimating the firm’s optimal capital structure A firm’s optimal capital-structure is that mix of debt and equity that maximizes the stock price. At any point in time, management has a specific target capital structure in mind, presumably the optimal one, though this target may change over time. For example, financial management may choose a 50% equity financing [stock] and 50% debt [bond] financing. Several factors influence a firms’ capital structure, including: • Business risk • Tax position • The need for financial flexibility • Managerial...
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...www.capitalvia.com Global Research Limited IMPACT of GREECE White Paper - Impact of Greece Crisis Global Research Limited Introduction Historically, financial crisis tend to lead to sharp economic downturns, low government revenues, widening government deficits, high levels of debt, pushing many governments into defaults. This is called SOVEREGIN DEBT CRISIS. GREECE is currently facing this, it accumulated high levels of debt during the decade before the crisis, when capital markets were highly liquid. As the crisis has unfolded and there was liquidity crunch in world economy, Greece may no longer be able to rol over its maturing debt obligations. Build – Up To The Current Crisis Between 2001-2008, Greece reported budget deficits averaged 5% per year, compared to Eurozone average of 2%. Also, its current account deficits averaged to 9% per year compared to Eurozone average of 1% Greece funded these twin deficits by borrowing in international capital markets, leaving it with chronically high external debt (115% of GDP in 2009) Some of the facts which can be depicted from following charts : www.capitalvia.com 2 White Paper - Impact of Greece Crisis Global Research Limited How Country Debts And Budget Deficits Compare? Projected budget deficit for 2009 Budget deficit figs as % of GDP Debt as % of GDP UK 13% Greece 12.5% Spain 11.25% Ireland 54.3% 68.6% 112.6% 65.8% 10.75% 114.6% 5.3% Italy Germany 3.5% 74.3% Source:...
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...URN:NBN:fi-fe20051937 Copyright © 2002-2005 by Prof. Timo Salmi, Prof. Jussi Nikkinen & Prof. Petri Sahlström Paper last modified Thu 24-Nov-2005 11:57 Subsequent references last appended Tue 9-Nov-2010 | Timo Salmi, Jussi Nikkinen &Petri Sahlström Department of Accounting and Finance Faculty of Business Studies University of Vaasa, Finland The Review of the Theoretical and Empirical Basis of Financial Ratio Analysis Revisited With the Modern Developments in the Web-Based Publishing Abstract This web-based publication is an addendum to a previous review of the research and research trends in financial ratio analysis. The first purpose is to add more current references to the previous review. The second purpose is to emphasize the changes facilitated by the modern World Wide Web based publication practices and their impact on the availability of scientific publications. The new references are listed only without detailed reviewing, since no drastic additions have come to the fore in the field. However, it is felt that the additions are sufficient to warrant this addendum made readily possible by the option of making this publication available online. Keywords: Financial statement analysis, financial ratios, review, electronic publishing Referencing: Salmi, Timo, Jussi Nikkinen & Petri Sahlström (2005). The Review of the Theoretical and Empirical Basis of Financial Ratio Analysis Revisited. University of Vaasa, Finland. URN:NBN:fi-fe20051937. Available from World Wide...
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...Current Business Research Project Letitia miller RES/341 March 6, 2012 Alexander Odemba Current Business Research Project A response to "Reflections on a global financial crisis" Caprotti, F. (2009), "Financial crisis, activist states and (missed) opportunities", critical perspectives on international business, Vol. 5 No’s 1/2, pp. 78-84. • Define the business research and its purpose This paper seeks to draw out the main themes of the debate on the current financial crisis as published in the special issue of critical perspectives on international business Vol. 5 No’s 1/2 (2009) and place them in the context of subsequent events. It also considers what conclusions can be drawn both for future policy and for the conduct of future academic research. The paper overviews existing literature and summarizes the main findings, focusing particularly on some topics deemed important and interesting for directing future research. The paper finds that while the neoclassical approach to finance has evidently failed there is currently little consensus on how to replace it. This opens up the possibility of debate, new avenues for research and ultimately radical change. The paper argues that more interactions between academic and finance practitioners are needed. Research in finance should be interdisciplinary or embed the insights from other disciplines and it should put behavioral finance under main stream attention. The teaching of management and finance should also be more...
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...www.capitalvia.com G lobal Research Limited I MPACT of G REECE White Paper - Impact of Greece Crisis Global Research Limited Introduction Historically, financial crisis tend to lead to sharp economic downturns, low government revenues, widening government deficits, high levels of debt, pushing many governments into defaults. This is called SOVEREGIN DEBT CRISIS. GREECE is currently facing this, it accumulated high levels of debt during the decade before the crisis, when capital markets were highly liquid. As the crisis has unfolded and there was liquidity crunch in world economy, Greece may no longer be able to rol over its maturing debt obligations. Build – Up To The Current Crisis Between 2001-2008, Greece reported budget deficits averaged 5% per year, compared to Eurozone average of 2%. Also, its current account deficits averaged to 9% per year compared to Eurozone average of 1% Greece funded these twin deficits by borrowing in international capital markets, leaving it with chronically high external debt (115% of GDP in 2009) Some of the facts which can be depicted from following charts : www.capitalvia.com 2 White Paper - Impact of Greece Crisis G lobal Research Limited How Country Debts And Budget Deficits Compare? Projected budget deficit for 2009 Budget deficit figs as % of GDP Debt as % of GDP 68.6% UK 13% 112.6% Greece 12.5% 54.3% Spain 11.25% 65.8% Ireland 10.75% 114.6% Italy ...
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... XBRL: The New Reporting Julie Mercer Strayer University Chapter One Introduction This chapter consists of research ideas relating to eXtensible Business Reporting Language or XBRL, also how the American Institute of Certified Public Accountants (AICPA) and the Securities and Exchange Commission (SEC) are moving towards this type of reporting. The chapter consists of context of the problem, statement of the problem, research question and sub-questions, significance of the problem, research design and methodology, and organization of study. The chapter will also include a tentative reference list. Context of the Problem There is a time limit as to when an organization has to report financials to the SEC. There are several forms that are required to be filed to the SEC by public organization, for the purpose of this research paper we will focus on quarterly statements (10-Q) and yearly statements (10-K). For the 10-Q the organization has forty-five days, after each of the first three quarter ends to file the report with the SEC and ninety days, after the fiscal year end. (Yuille, n.d.) Given the time-frame organizations have to report the quarterly earnings, it would seem to be enough, but let us look at an organization that has an enterprise resource planning (ERP) system, along with Hyperion Financial Manager (HFM). The ERP system captures data from all the locations, if the organization has more than one, this information is then...
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