For the past three years, Southington High School DECA has been my passion. DECA is an international organization that prepares student leaders and entrepreneurs for careers in finance, hospitality and management. I was first introduced to this organization as a freshman. I joined because I knew early on in my high school life that the area of business was one that I wanted to pursue. I was also new to the school and thought it would be an excellent opportunity to meet new friends with similar
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activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called "risks". In finance, risk is the probability that an investment's actual return will be different than expected. This includes the possibility of losing some or all of the original investment. In a view advocated by Damodaran, risk includes not only "downside risk" but
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Deputy, are government appointees who it is believed are ‘political cronies’ who can be easily manipulated by the minister in charge of S/S i.e. the minister of Finance. So the boards seem to have no autonomy as they appear to be doing the biddings of the political directorate. The corporate directors guide book states that the fundamental responsibility of an individual director is to represent the interests of shareholders as a group. ………this responsibility in turn, obligates the board to act with
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Short Analysis of Practical Difficulties of the NPV-method The Net Present Value (NPV) is a method to compare the value of an investment now and that amount in the future, taking into account the cost of capital and the cash flows generated by the investment. The formula to calculate the NPV is as follows: With t as the time of cashflow, i the discount rate and R the net cashflows. Although the formula to calculate the NPV is straightforward and takes into account the value of a cashflow
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even amplifying the items presented in the main body of the statements. (AR Section 90-Professional Standards, November 2014). Some disclosures are broad in nature and their implications, these can be notes that provide fundamental details about how a company handles its finances, such as its criteria for recognizing revenue and expenses. Others are much narrower, and can provide the context for one single amount that is included in the statement. Many disclosures focus on risk and uncertainty, such
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Choosing a career as a certified accountant has become more complicated –that is choosing between becoming a CPA or a CMA. Never the less, receiving a certification in either of these two has the benefits of a higher salary, greater job opportunities and the chance of getting paid for your talent. Moreover, both Certified Public Accountant (CPA) and Certified Management Accountant (CMA) designations are highly recognized certifications in the accounting profession, but each has its distinct set
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This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Asymmetric Information, Corporate Finance, and Investment Volume Author/Editor: R. Glenn Hubbard, editor Volume Publisher: University of Chicago Press, 1990 Volume ISBN: 0-226-35585-3 Volume URL: http://www.nber.org/books/glen90-1 Conference Date: May 5, 1989 Publication Date: January 1990 Chapter Title: Investment, Financial Factors, and Cash Flow: Evidence from U.K. Panel Data Chapter
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Service Request SR-rm-004 Trina Jefferson University of Phoenix BSA/375 Fundamentals of Business Systems Development February 27, 2012 Didier S.D. Opotowsky Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion
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Interpreting Financial Results Student’s Name Institution Date Liquidity Ratios Current Ratio Current ratio is a financial ratio applied in investigating the working capital position of the company. It is derived by dividing the current assets by the current liabilities as shown by the formula below; [pic] Therefore Current ratio |2010 |2009
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Functions of Ministry of Finance * Prepare the annual fiscal budget and issue adequate regulations for its execution. * Manage government financial assets. * Propose bills related to the management of government employees, particularly bills related to staffing, salaries, benefits and pensions. * Amortize debt and coordinate financial activities carried out within the scope of its power, for the different ministries and their related entities. * Be aware of and report on any initiative
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