...Currency Conversion Design Eliseo M. Ortiz IT/210 March 31, 2013 Murthy Bhetanabhotla Currency Conversion Design Currency Conversion Design Assignment—Hierarchy Chart Currency Conversion Currency Conversion Get_Int_Value Get_Int_Value Display_Menu Display_Menu Display_Results Display_Results Convert_Currency Convert_Currency Currency Conversion Development Assignment—Flowcharts Control Flow Diagram—Main Control Begin Currency Amount Quit ? Thank You Currency to be converted Yes No Currency Rate Display Results End Begin Currency Amount Quit ? Thank You Currency to be converted Yes No Currency Rate Display Results End Control Flow Diagram—Display Menu Begin Currency Amount Valid selection ? Error 4 : Invalid menu selection No Yes End Quit ? Yes Selection is not valid Quit Verified ? Yes Currency Type Currency Converted No Conversion Verified ? No Yes No Begin Currency Amount Valid selection ? Error 4 : Invalid menu selection No Yes End Quit ? Yes Selection is not valid Quit Verified ? Yes Currency Type Currency Converted No Conversion Verified ? No Yes No | Control Flow Diagram—Get_Int_Value Selection is not valid Selection is not valid Selection is not valid Selection is not...
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...IT/210 Final Project Currency Consolidation Requirements. Problem: Converting Currency A currency conversion application in a menu based system allowing users to select one of five set currencies to convert to and from the US dollar. The program will display the amount and will loop back to the beginning to allow another conversion or termination of the program. Currency Selections Canadian dollars (1US = 1.468 Canadian) Mexican pesos (1US = 9.5085 Pesos) English Pounds (1US = .66 Pounds) Japanese yen (1US = 104.92 yen) French francs (1US = 6.2561 Francs) Application-Level Requirements List 1. There should be a series of screens, in the application, that will help the user to input specified information. 2. Include general information and the title on the first screen 3. There should be explanatory material or external documentation. 4. Comments should be included in the program because this will allow other programmers to follow and track what has been done. 5. Should include the ability to clear the inputs and start the calculations over (just in case there are errors) Input process and output chart. INPUT | PROCESS | OUTPUT | Menu Options | Display Menu | Menu Options | Menu ChoiceCurrency | Get User Input | Menu choiceCurrency | CurrencyConversion formula | Convert Currency | Equivalent US dollar | Hierarchy Chart Main Module Main Module Display_Resluts Display_Resluts Get_Int_Value Get_Int_Value Display_Menu...
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...This is the ANSWER KEY for IT/210 Application-Level Requirements. BEWARE using these answers verbatim. Application-Level Requirements List 1. The program shall present a series of user screens that prompts the user for specified input. 2. The main user screen shall have an application title. 3. The main user screen shall have a short description telling the user how to use the program. 4. The calculation of the currency shall be executed only after all valid input values are provided. 5. The program shall allow the user to clear all input fields and recomplete the calculation. Input-Process-Output Chart *** Input these values into the provided chart. Each Grouping of Input, Process, and Output represents One horizontal Row *** Input Name: Type: Range: Process Display Menu Output Name: Currency Type Type: Integer Range: 1-6 Input Name: International Value Type: Real Range: 0–1,000,000 Process Get foreign value. Output Name: International Value Type: Real Range: 0–1,000,000 Input Name: International Value Type: Real Range: 0–1,000,000 Name: Currency Type Type: Integer Range: 1-6 Process Convert Currency Output Name: US Value Type: Real Range: >0 Input Name: Currency Type Type: Integer Range: 1-6 Name: International Value Type: Real Range: 0–1,000,000 Name: US Value Type: Real Range: >0 Process Display Results Output Name: Currency Type Type: Integer Range:...
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...transferred by air. TRANSFER STARTING CAPITAL TO AREA(S) Plants you build in your operating Area(s), variable manufacturing cost (cash part), any methods improvement, advertising, the cash part of any goods bought from Nippon (see below), plus any other expenses incurred in the Area all call for transfer of adequate starting capital from Home Office (HO) to the area. Use your budgeting spreadsheet to ensure you transfer enough capital into each area. Advice: do not count on any sales revenue in Q1 - let it be the desirable “cushion”. To transfer the requisite start-up funds fill out Form A3 (you need one A3 form for each area where you are active!). The simplest approach is to transfer Swiss Francs and use the automatic conversion function. In the first column, indicate: F (transfer from HO to area)...
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...Proposal The use of enterprise resource planning systems (ERP) is widespread. To maximize efficiency, companies of all sizes are implementing these systems and revising existing processes to increase efficiencies. The widespread influence on business by ERP systems requires investors to understand the benefits gained and the costs incurred by implementing them. Efficient conversions to ERP systems may provide a multinational corporation with enough of an edge to change the industry in which it participates. Determining and investigating key ERP benefits is important for a number of reasons. By evaluating how other firms have been affected by implementing ERP systems, a company can estimate how its processes will be benefit and whether the system will assist in solving the problems. Evaluating benefits “allows firms to investigate the alignment between their needs and what an ERP system can do” (O'Leary, 2004). Once the company has established ERP benefit benchmarks, it will have a point of reference by which to evaluate other ERP implementations. Once it is understood what ERP benefits are likely to be experienced, then those potential benefits can be used as the basis to set up measurements for those benefits. Then those measurements can be used to establish whether a company has attained the levels of productivity expected from the ERP implementation (O'Leary, 2004). Industry specific benefits must also be taken into account. In total, these are the reference points by...
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...The Association of Business Executives Advanced Diploma 1.34CF CF0608 Corporate Finance afternoon 5 June 2008 1 Time allowed: 3 hours. 2 Answer any FOUR questions. 3 All questions carry 25 marks. Marks for subdivisions of questions are shown in brackets. 4 Present value and annuity tables are included in this question paper on pages 9 and 10. 5 No books, dictionaries, notes or any other written materials are allowed in this examination. 6 Calculators, including scientific calculators, are allowed providing they are not programmable and cannot store or recall information. Electronic dictionaries and personal organisers are NOT allowed. All workings should be shown. 7 Candidates who break ABE regulations, or commit any misconduct, will be disqualified from the examinations. 8 Question papers must not be removed from the Examination Hall. CF0608 © ABE 2008 D/500/3720 Answer any FOUR questions Q1 Ullswater PLC, a successful hotel group, has made a bid for Black Combe PLC, a large but declining competitor. The following information is available for both companies which are quoted on the London Stock Exchange. Black Combe PLC Share price Number of shares £0.90 5m Ullswater PLC £0.80 8m Both a cash bid and a share bid have been made. Ullswater PLC has offered Black Combe PLC two shares in Ullswater PLC for every share in Black Combe PLC. Alternatively, a cash offer of £1.00 per share has been made. Ullswater PLC expects the takeover to generate savings of £2m in present value...
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...Running head: THE FUTURE OF ECOTOURISM The Future of Ecotourism Monique Davis University of Phoenix Travel and Tourism: Work, Pleasure, and Forever Enriching HTT/210 Richard Griffin September 28, 2014 The Future of Ecotourism The Cayman Islands is an excellent holiday spot for many tourists, nevertheless, due to an increase in tourism the island has required development to keep up with the vacationist's demands. These developments have both a definite and adverse effect on the islands. Tourism is vital for the island inhabitants because it produces continual revenue to the island and provides positions for the locals. There is a downside to tourism that consists of management of resources and not restoring them. It is crucial to the island in restoring resources and conditioning everyone to pull together to maintain a green environment so that tourism does not turn the islands into a wasteland, so tourists stop vacationing there. The Grand Cayman Island is on one of the three islands of the Cayman Islands and is the largest of the three, hence the title, Grand Cayman Island. The island has approximately 50,000 residents and extends over 76 square miles (Grand Cayman Island Department of Tourism, 2014). There are many activities and attractions on the island that spread throughout the island from the four corners to the heart of the island (Grand Cayman Island Department of Tourism, 2014). There are shopping facilities from the upscale to the locals that sell everything...
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...International Finance & Global Capital Markets Exposure Management Himanshu Bhutani A014| Dawood Bukhari A015 Shibani Gujrati A025| Siddhant Anthony Johannes A033 Nishtha Sardana A054| Prateek Walia A063 1 INDEX 1. Introduction…………………………………………………………………………………..3 2. Operational Exposure………………………………………………………………………..9 3. Transaction and Translation Exposure…………………………………………….……..11 4. Other Strategies used by Companies to Hedge Exposure……………………...………19 5. Case Studies: Hedging Strategy used by Companies………………………….………..20 2 INTRODUCTION Foreign exchange exposure represents a material risk for multinational corporations which are unrelated to business operations. One needs to identify each foreign exchange exposure, the risk it represents and methods and costs available to limit such exposure. The value of a firm’s assets, liabilities and operating income changes continuously due to change in factors such as exchange rates, interest rates, inflation etc. In other words, a firm is “exposed” to uncertain changes in a number of variables in its environment. Exposure may therefore be defined as a measure of sensitivity of the value of a financial item to changes in the macro economic variables mentioned above. Risk refers to the variability of the value of the item. FOREIGN EXCHANGE EXPOSURE Foreign Exchange Exposure occurs because of unanticipated change in the exchange rate. For example the difference in the spot rate & one month forward rate is 0...
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...Chapter Sixteen Sovereign Risk Solutions for End-of-Chapter Questions and Problems: Chapter Sixteen 1. What risks are incurred when making loans to borrowers based in foreign countries? Explain. When making loans to borrowers in foreign countries, two risks need to be considered. First, the credit risk of the project needs to be examined to determine the ability of the borrower to repay the money. This analysis is based strictly on the economic viability of the project and is similar in all countries. Second, unlike domestic loans, creditors are exposed to sovereign risk. Sovereign risk is defined as the uncertainty associated with the likelihood that the host government may not make foreign exchange available to the borrowing firm to fulfil its payment obligations. Thus, even though the borrowing firm has the resources to repay, it may not be able to do so because of actions beyond its control. Thus, creditors need to account for sovereign risk in their decision process when choosing to invest abroad. 2. What is the difference between debt rescheduling and debt repudiation? Loan repudiation refers to a situation of outright default where the borrower refuses to make any further payments of interest and principal. In contrast, loan rescheduling refers to temporary postponement of payments during which time new terms and conditions are agreed upon between the borrower and lenders. In most cases, these new terms are structured to make it easier for the borrower to...
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...22 of 2011 and 2012 10K reports) through these acquisitions and this has significantly contributed to the increase in the Administrative expenses of the organization. | * Selling, General and Administrative expensesThough SGA expense has significantly risen in 2012 when compared to the rise in 2011, the amount spent on selling, general and administrative activities has steadily reduced in proportion to the net revenue of the organization each year.This increase was primarily on account of the following: * increased personnel costs, due to annual raises and new recruitments; * higher distribution costs, due to increases in sales volumes and freight cost increases; and * impact of depreciation of the Indian rupee against multiple currencies in the markets in which we operate.(Refer Pg 72 in 2012 20F Application) | * Research and DevelopmentActavis has more than doubled its investment in R&D within the organization over the years since 2009 (Pg 5). From 2011 alone Actavis’s internal investment has risen by 36%. Close to 7% of the Net revenue is maintained as R&D expense every year. | * Research and DevelopmentResearch and development expenses increased by 17% during 2012. Research and development expenditures accounted for 6% of the total revenues during 2012 as compared to 7% during the 2011. Approximately 70% of the research and development expenses in 2012 were spent towards the development of bio-equivalent generic products and the other 30% was dedicated...
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...SUPPLEMENT ON REVISED SCHEDULE VI TABLE OF CONTENTS Contents Introduction to Revised Schedule VI Comparative analysis between Revised and old Schedule VI Format of Revised Schedule VI Page no. 3 6 9 Supplement on Revised Schedule VI Page 2 INTRODUCTION TO REVISED SCHEDULE VI Every company registered under the Act shall prepare its Balance Sheet, Statement of Profit and Loss and notes thereto in accordance with the manner prescribed in Schedule VI to the Companies Act, 1956. To harmonise the disclosure requirements with the Accounting Standards and to converge with the new reforms, the Ministry of Corporate Affairs vide Notification No. S.O. 447(E), dated 28th February 2011 replaced the existing Schedule VI of the Companies Act, 1956 with the revised one. Government vide Notification No. F.N. 2/6/2008 – C.L-V dated 30th March 2011 made the revised Schedule VI applicable to all companies for the financial year commencing from 01st April 2011. The requirements of the Revised Schedule VI however, do not apply to companies as referred to in the proviso to Section 211 (1) and Section 211 (2) of the Act, i.e., any insurance or banking company, or any company engaged in the generation or supply of electricity or to any other class of company for which a form of Balance Sheet and Profit and Loss account has been specified in or under any other Act governing such class of company. Key Features of Revised Schedule VI –Balance Sheet • The revised schedule contains General Instructions...
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...PART 1 Introduction to Managerial Finance CHAPTERS IN THIS PART 1 2 3 The Role and Environment of Managerial Finance Financial Statements and Analysis Cash Flow and Financial Planning INTEGRATIVE CASE 1: TRACK SOFTWARE, INC. CHAPTER 1 The Role and Environment of Managerial Finance INSTRUCTOR’S RESOURCES Overview This chapter introduces the student to the field of finance and explores career opportunities in both financial services and managerial finance. The three basic legal forms of business organization (sole proprietorship, partnership, and corporation) and their strengths and weaknesses are described, as well as the relationship between major parties in a corporation. The managerial finance function is defined and differentiated from economics and accounting. The chapter then summarizes the three key activities of the financial manager: financial analysis and planning, investment decisions, and financing decisions. A discussion of the financial manager's goals – maximizing shareholder wealth and preserving stakeholder wealth – and the role of ethics in meeting these goals is presented. The chapter includes discussion of the agency problem – the conflict that exists between managers and owners in a large corporation. Money and capital markets and their major components are introduced in this chapter. The final section covers a discussion of the impact of taxation on the firm's financial activities. PMF DISK This chapter's topics are not covered on the PMF Tutor,...
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...Comparison between U.S. GAAP and International Financial Reporting Standards May 2013 © 2013 Grant Thornton LLP All rights reserved U.S. member firm of Grant Thornton International Ltd Comparison between U.S. GAAP and International Financial Reporting Standards 2 Contents 1. Introduction .................................................................................................................................................. 6 International standards and the IASB ............................................................................................................ 6 Financial accounting and reporting in the United States ................................................................................ 6 IFRS and U.S. GAAP comparison ................................................................................................................. 6 Overall financial statement presentation ................................................................................................... 8 General .......................................................................................................................................................... 8 Statement of financial position / balance sheet .............................................................................................. 9 Statement of comprehensive income / income statement ........................................................................... 12 Statement of changes in equity...
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...© Path Finance, www. path2finance.com CFA® Level 1 2011 (Also applicable for June 2012) Financial Reporting Analysis (R 22 to R 29) Includes material presented in the video lectures1 © Path Finance, www. path2finance.com Table of Contents 1.1 Financial Statements Analysis (R 22) ..........................................................................................................2 1.1.1 Introduction ....................................................................................................................................................................2 1.1.2 Financial Statements and Other Sources ......................................................................................................................2 1.1.3 Steps in financial Statement Analysis Framework .........................................................................................................3 1.2 Financial Reporting Mechanics (R 23) .........................................................................................................4 1.2.1 Classifying Financial Statements Elements ...................................................................................................................4 1.2.2 Accounting Equations ....................................................................................................................................................5 1.2.3 Statement of Owners Equity ...................................................................
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...Schlumberger Limited 2010 Annual Report Financial Performance (Stated in millions, except per share amounts) Year ended December 31 20 10 2009 2008 Revenue $ 27,447 $22,702 $ 27,163 Income from continuing operations $ 4,267 $ 3,156 $ 5,397 Diluted earnings per share from continuing operations $ 3.38 $ 2.61 $ Cash dividends declared per share $ 0.84 $ 0.84 Net debt $ 2,638 $ 4.42 $ 0.84 126 $ 1,129 20 10 2009 2008 Combined Lost Time Injury Frequency (CLTIF)—Industry Recognized (OGP) 1.3 1.4 1.8 Auto Accident Rate mile (AARm)—Industry Recognized 0.36 0.39 0.44 Tonnes of CO2 per employee per year† 14 13 14 Safety and Environmental Performance Year ended December 31 †Continuing analysis of Schlumberger carbon dioxide emissions has shown that WesternGeco marine vessels and Integrated Project Management drilling rig operations are the two largest contributors to total company emissions. Schlumberger includes in its figures only those emissions from drilling rigs operated entirely under its control. Schlumberger is the world’s leading oilfield services company supplying technology, information solutions, and integrated project management that optimize reservoir performance for customers working in the oil and gas industry. The company employs approximately 108,000 people of over 140 nationalities working in approximately 80 countries. Schlumberger ...
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