...Debt and the Generations Summary As the UK faces a difficult economic period, many families and households are suffering financially. 65% of all debt belongs to households aged between 35 and 54, and within this age bracket 35-44 year olds hold a staggering 37% of this debt. This demonstrates the rise in debt hitting its peak between people’s mid-30s and mid-40s, however research has shown this is changing; younger consumers are now more likely to be less financially aware. This has resulted in around 75% of people aged 18-39 having unsecured debts, and becoming increasingly reliant on credit in order to meet financial commitments - 19% of 18-24 year olds are “very or fairly likely to borrow in the next 3 months”. Not only do younger generations have difficulty in getting onto the housing ladder, with 84% of first time buyers under 30 having to turn to financial assistance in order to buy, but many of the younger generation (almost 3.2 million) also have student loans that must be repaid. Both of these are factors resulting in a reduction in available income, meaning younger and future generations will have less money to save and invest, potentially reducing their quality of life during retirement. Older generations are more likely to own property and savings by the time they reach retirement age – nearly half of all assets in the UK are owned by the 60+ age group. There are, however, a minority of the older generation who owe a large amount of debt. Around 7% of...
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...Financial Summary FIN/571 Corporate Finance March 9, 2015 University of Phoenix Lowes Lowes was founded in 1946 and has grown from a small hardware store in North Carolina to the second largest home improvement retailer worldwide and the 8th largest retailer in the United States. Lowe’s was a typical, small town hardware store selling everything from overalls and bicycles to wash tubs, work boots and even horse collars. Carl Buchan later purchased the Company from his brother-in-law and partner, James Lowe. Foreseeing the post-World War II building boom, Buchan concentrated on selling only hardware, appliances and building materials (Lowes, N.D.). By eliminating wholesalers and dealing directly with manufacturers, Lowe's established a lasting reputation for low prices. The sales grew over time, and additional Lowe's stores opened in neighboring towns throughout Western North Carolina. The company went public in 1961 and began trading on the New York Stock Exchange. During this time, U.S. housing starts soared and professional builders became Lowe's loyal customers, accounting for the majority of Lowe’s business. In 1982, Lowe’s had our first billion-dollar sales year, earning a record profit of $25 million (Lowes, N.D.). Lowes continues to grow and faces its challenges in the economy. We will be going through the past three years and compare historical data from 2012 to 2014. We will use five different ratios to analyze the collected data. The ratios are Debt, Current,...
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...and the national debt? What is the size of both as of 2010? Provide the current figures for the U.S. federal government debt, personal debt (such as credit cards), and our trade deficit. Which of these will have the most negative economic impact on future generations? Please explain your answer. The main difference between deficit and debt is the kind of concept each one is. Deficit is described as a shortfall of earnings under payments that is regarded as a flow concept; while, debt is described as accumulated deficits less accumulated surpluses that is regarded as a stock concept. Deficit (flow concept) has got a period of time linked to it. Therefore a deficit is decided during a period of time like a business quarter or a financial year. Debt (stock concept) is explaining something at a given time like a given day. As of 2010, the U.S. had a countrywide deficit of 1,293 billion bucks along with a national debt of 13.5 trillion bucks. The present U.S. federal government debt is 15.5 trillion bucks, personal debt is 9.9 trillion bucks, and trade deficit is 1,299 billion bucks. I think the most damaging economical effect on generations to come would be public debt. I have this stand since national deficits aren't always harmful and may really be great for an overall economy particularly if an economy is in an economic downturn because it results in the economy is growing. Moreover, if one is to look at government debt they may observe that government debt is generally internal...
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...[pic] ENERGY MADE BETTER Submitted by – Mr. Preetam Chowdhury Pradip Kumar Chowdhury STUDENT ID: 3655740. Executive summary……………………………………………………………………….……..3 1. Introduction………………………………………………………………………..……...3 1. Background ……………………………………………………………….…….4 2. Critical competitive analysis……………………………………………………………4 1. U.K Competitive analysis………………………………………………………5 2. PESTEL analysis…………………………………………………………….….5 3. Porter’s five forces…………………………………………………….………..6 4. SWOT analysis……………………………………………………….…………8 3. Financial Analysis………………………………………………………………….……8 1. Return on capital employed…………………………………………………...8 2. Profit margin………………………………………………………………….….8 3. Liquid ratio…………………………………………………………………….…9 4. Working capital……………………………………………………………..........9 5. Current ratio………………………………………………………………….....10 6. Debt ratio…………………………………………………………………….…..10 7. Inventory turnover…………………………………………………………....…10 4. Corporate strategy………………………………………………………………....……11 1. Current strategy…………………………………………………………….……11 2. Corporate social responsibility…………………………………………...…....11 5. Future strategy direction………………………………………………….…………..…11 1. Balance scorecard………………………………………………….………...…11 2. Recommendations………………………………………………….…………..14 6. Conclusion…………………………………………………………………….…………14 7. References……………………………………………………………….…….………...14 8. Bibliography……………………………………………………………………...
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...Reflection Summary Team-C ECO/372 Feb 10, 2012 Reflection Summary A budget deficit occurs when government expenditures exceed the amount of revenue coming into the economy through income and taxes. Since World War II, the United States government has run a large deficit, instead of a surplus. Depending on the particular condition of the economy, a deficit can be right or wrong. The goal is to improve the economy when the government runs a budget deficit. The government will spend money to help stimulate economic growth when the economy is not progressing at a rate the country expects. Both the government and society benefits from the added debt when the government spends money to improve revenue for the long-term. A budget deficit can help businesses create more jobs to limit the amount of unemployment and enhance consumer income. The debts accumulated may be the result of spending on worthwhile projects like road repair or necessary services like education. The government is also spending to establish programs for the longevity of the nation. A budget deficit can have an adverse effect on the economy. A budget deficit can result in increased debt. As the debt increases, the government increases taxes. When taxes are higher than business owners can afford, the result is an increase in unemployment. A budget deficit can also lead to an increase in printed money, which decreases the dollar value and increases inflation. Budget surplus is the opposite of the...
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...Introduction Billabong Company is an Australian company. It spread the business in different countries. They are wholesaling and retailing of surf, skates, snows and sports apparel etc and has licence of group trademarks and to spread the business in different region of the world. In the early days the products were made by themselves and sold through local surf shop. The products were sold and customers were found satisfied due to which demand for the products rose, day by day. During 80s company start its business at world level for which initial focus was on North American market. Due to rise in demand for the products licenses were granted to the number of regions such as New Zealand, Japan and South Africa. During 90s the surf industry grew extraordinary and by following the same strategy and providing high quality products company expanded its business. In year 2000 it was listed on Australian Securities Exchange and offered its first public offer, initial public offering (IPO), which was appreciated publically. Just after the seven years of IPO Company passed through the acquisitions of Von Zipper and then four months late, again an acquisition took place when it acquired Element Skateboards brand. BBL pass through many acquisition which were with Honolua Surf Company, Kustom footwear, Palmers Surf, Nixon watches, specialist wet suit brand Xcelm, California-based RVCA brand, girls swimwear Tigerlily, West 49 retail chain of Canada, Jetty Surf, Surf Dive ‘n’ Ski (SDS)...
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...established a pan-India, next generation, integrated (wireless and wireline), convergent (voice, data and video) digital network that is capable of supporting best-class services spanning the entire communications value chain, covering more than 21,000 cities and towns and more than 400,000 villages. Reliance Communications owns and operates the largest next generation IP enabled connectivity infrastructure in the world, comprising over 280,000 kilometers of fiber optic cable systems in India, USA, Europe, Middle East and the Asia-Pacific region. The other main group companies - Reliance Power, Reliance Infrastructure and Reliance Capital - are widely recognized as market leaders in their respective...
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...Researching... • danielynn31 d… • • • ◦ Back danielynn31 Saved Recents Uploads My Answers ◦ Back ◦ Ask a Question ◦ My Questions ◦ My Answers ◦ Preferences • Account ◦ Back ◦ Account Settings ◦ Profile ◦ Sign Out • • • • • I'm Researching... Products • • • • • Home Research Drive Answers Texty • • • • • Company Legal Site Map Contact Advertise About • • • ©2016 StudyMode.com 1. Home > 2. Debt > 3. Student Loan Crisis... < Back to Debt Student Loan Crisis Research Paper Debt, Education finance, Higher education • • • • By sympathys Jun 11, 2013 1348 Words 220 Views PAGE 1 OF 5 �PAGE � How to Make College More Affordable Many of the protesters occupying Wall Street and other places say they are upset about the rising price of going to college. There is little dispute today that the number of students who have debt has increased, and that the amount of money they have borrowed has gone up (Billitteri). Many students incur large amounts of debt that will never pay dividends in higher wages or greater job satisfaction, and they graduate into a world with weak employment prospects. It's a betrayal of the American social contract that says if you work hard and invest in yourself through education, you'll be able to build a better life. The current system is badly in need of an overhaul, and this paper will present several ways to bring about this needed change. The seriousness of the current...
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...product and pricing pressures and regulatory developments. 2 © ARYZTA, March 2015 Investment Transaction – ARYZTA in exclusive negotiations to invest in Picard (www.picard.fr), acquiring a 49% stake from Lion Capital, subject to regulatory approvals – Picard to consult with its works council in connection with the investment – Picard Financials: > March Financial Year-end > Revenue of €1.37bn > EBITDA of €192m (March 2015 run-rate) – Transaction Summary: > Enterprise Value of €2,250m > Net Debt of €1,341m1 (Gross Debt of €1,420m, Net Debt to EBITDA of 7.0x, Weighted average cost of interest 6.3%) > Equity of €909m – Base consideration of €446.6m – Largely funded through the disposal of non-core assets, primarily net proceeds from the Origin placement of c. €400m (net of fees and taxes) – Call option to acquire the remaining 51% in FY 2019 - FY 2021 – Picard debt non-recourse to ARYZTA – Net Underlying EPS benefit in a full year of +3% 1 Includes cash, debt like items and working capital adjustment 3 © ARYZTA, March 2015 Picard Overview 4 © ARYZTA, March 2015 Picard at a Glance #1 undisputed leader in frozen food retail in France – First store opened in Paris 40 years ago – Category captain with c.19% market share the last decade ahead of Amazon¹ Extensive proximity...
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...The Necklace Summary How It All Goes Down At the beginning of the story, we meet Mathilde Loisel, a middle-class girl who desperately wishes she were wealthy. She's got looks and charm, but had the bad luck to be born into a family of clerks, who marry her to another clerk (M. Loisel) in the Department of Education. Mathilde is so convinced she's meant to be rich that she detests her real life and spends all day dreaming and despairing about the fabulous life she's not having. She envisions footmen, feasts, fancy furniture, and strings of rich young men to seduce. One day M. Loisel comes home with an invitation to a fancy ball thrown by his boss, the Minister of Education. M. Loisel has gone to a lot of trouble to get the invitation, but Mathilde's first reaction is to throw a fit. She doesn't have anything nice to wear, and can't possibly go! How dare her husband be so insensitive? M. Loisel doesn't know what to do, and offers to buy his wife a dress, so long as it's not too expensive. Mathilde asks for 400 francs, and he agrees. It's not too long before Mathilde throws another fit, though, this time because she has no jewels. So M. Loisel suggests she go see her friend Mme. Forestier, a rich woman who can probably lend her something. Mathilde goes to see Mme. Forestier, and she is in luck. Mathilde is able to borrow a gorgeous diamond necklace. With the necklace, she's sure to be a stunner. The night of the ball arrives, and Mathilde has the time of her life. Everyone...
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...assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand sources of funding and income generation for business and services industries Funding: sources eg retained profits, loans, banks, investors, small business schemes, franchise, hire purchase, sponsorship, lease schemes, creditors, debt factoring Income generation: methods eg sales, commission, sub-letting, sponsorship, grants, tracking mechanisms LO2 Understand business in terms of the elements of cost Elements of cost sales; materials; consumables; labour; overheads; capital; gross and net profits; discount costing Selling prices: product and service costing; formula to achieve a specific gross profit percentage; differential gross/net profit margins; marginal costing; effect of competition; freelance; commission; peak/off-peak trading Control of stock and cash: methods eg storage, purchasing, cash, security, reconciliation, stock-taking Taxation: income tax; Value Added Tax (VAT); corporation tax; schedules; rates; personal/capital allowances; post-tax profits, implications LO3 Be able to evaluate business accounts Trial balance: source; structure eg summary of accounts from sales, purchase and nominal ledgers Final accounts: types eg sole trader, partnerships, limited company, trading account, profit and loss account, balance sheet, adjustments for depreciation, accruals, prepayments, bad debt provision; format eg vertical, double-entry, appropriation account; assets/liabilities eg capital, fixed...
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...Executive Summary This report throws light on the complete analysis of Aurora Energy’s financial structure for the period 1st July 2011 to 30th June 2012. A complete picture of the equity structure, debt structure, external financing, key fixed assets, intangible assets, company’s policy of recognizing impairment losses and gains along with company’s financial operations have been explained in details. Aurora Energy is fully owned by Tasmania government and generates, distributes and retails electricity in Tasmania covering over 250000 Tasmanian customers. The equity structure has been constant when compared with previous year in terms of issued capital, however the company has been successful to make a growth in its reserves. There has been a decline in the debt-equity ratio from 65.9% in 2011 to 64.1% which is indeed a good sign for future prospects of the organization. Fixed assets mainly comprising of property, plant and equipment have been valued at fair market prices to show a true and fair view. There has been increase in fixed assets showing signs of good infrastructure building. Intangible assets had been subjected to impairment losses and gains as per applicable accounting standards. The company contributed $27.8 million of returns to the government in the current year, where dividend payouts of 2010-11 of $11.9 million dollars had a major impact. In a nutshell the company shows sign of positive trends in future years to come. Nature...
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...Case Study Analysis 1: Aeropostale, Period 2010 – 2012 November 4, 2013 Executive Summary This financial analysis report examines our company Aeropostale and a few of our close competitors within the teen retail industry in order to evaluate company performance and financial health. The 3 year financial analysis covers GAP (GPS), Abercrombie and Fitch (ANF), Ralph Lauren Polo (RL) and Aeropostale from income statements / balance sheets with resultant calculations on the subjects of revenue, gross profit, return on equity, liquidity, financial leverage and market valuation from year 2010 to year 2012. There are many areas that require improvement as financial calculations have revealed negative company health. Improvements must come from the product itself with improved design and marketing. Background With approximately 980 stores throughout the United States and Canada, Aeropostale is a proud with its designing, marketing and retailing of teen casual apparel and accessories. We have been a shopping mall based specialty retailer of casual apparel for young men and women with control over our proprietary brands for sourcing, marketing and selling our own merchandise. As of 2012, media analysts have indicated that Aeropostale stores are smaller in size compared to Gap’s stores, and generate significantly higher revenue per square feet. Moreover, before cotton prices climbed in 2011, Aeropostale locations generated about $150 in EBITDA per square feet compared to...
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...ON ACADEMICS OF CHRIST UNIVERSITY STUDENTS EXECUTIVE SUMMARY: In India, the trade and economic liberalization process initiated during 1980’s has led to rapid changes in consumer mindset. The consumption rate of most items has picked up primarily due to the shift in the business scenario which was primarily a seller driven one to a customer driven one. The number of bikes, mobile phones and laptops owned by households has moved up during the period of time. One primary question is to be asked is “Do we realize the impact of such consumption on our life or are we blindly following the trail set for us by smart businessmen and marketers?” This study is initiated to find out such consumption trends among students of Christ University. BACKGROUND: Last 10 years of the globalization era saw the advent of many high income jobs, especially in the information technology and also in other service-related sectors. With large number of India’s younger generation earning from 20000-50000 per month, working with different BPO’s and KPO’s. The rising income and low rate taxes have credited rising Disposable income, which did trigger the spending boom in India. Media is full of stories of youth with more money in their hands but getting into living patterns which soon leave them broke and in financial debt. Buying products for sake of social comparison or for bringing prestige to their personal selves is not a taboo for this generation. It is the backdrop that promoted...
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...Assignment 2: INDIVIDUAL You are required to choose a company listed on Bursa Malaysia. It is important that you have access to the last two years (2012 & 2013). 1. Based on the company you have selected, write a brief introduction on the business including historical background, nature of business, financial performance and the industry in general. 2. Based on the latest financial statements of the company identify and explain the amount of financing sources the company have from the short term, intermediate and long term financing. Compare each of the financing sources to the company’s total amount of financing. 3. Based on your answers in Part 2 and the company’s financing requirements, identify and explain the company’s main source of financing. Evaluate the importance of the financing source and the effects on the company’s capital structure. Answer: PROFILE The history of the PROTASCO BHD can be traced back to the early 1990s when its founders, Dato’ Hasnur Rabiain bin Ismail and Dato’ Chong Ket Pen started in the road construction business by setting up of HCM in 1991. In the start-up years, HCM was involved in sub-contracting works for clients like PROPEL and JKR. In 1994, the Group achieved a significant milestone when it was awarded a major road construction contract from PROPEL for RM 7.5 million for the pavement construction of the EastWest Link Expressway (Package 5) in Kuala Lumpur. Over the past 10 years, the Group has gradually built up an...
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