Tag: economics

Liabilities and Assets

Liabilities and Assets

Fair market value which is a reasonable price that favors the demands of sellers and buyers manipulates market activities that are reflected in financial reports. In today’s business practice the fair market value is usually detected by procrastinating the expected value of assets and liabilities in the financial reports thus creating an estimated impression and financial position of business enterprises. Assets are resources that have economic value and are owned by individuals and business organizations. Liabilities on the other hand can be perceived as legal obligations that mandate individuals and business enterprises to settle their debts (Thomsett, 2006).

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Benefits Of Suntanning Essay Example

Benefits Of Suntanning Essay Example

… This is a two page essay on government welfare. Discussed: should the government provide fewer or more benefits for single parents on welfare. Thesis, three reasons to support, at least 4 quotes and paraphrases on each page from experts. Three sources. MLA.
Should the Government Provide More or Fewer
Benefits for Single Parents On Welfare?

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Lehman Brothers Holdings, Inc. Essay

Lehman Brothers Holdings, Inc. Essay

Reasons of Lehman Brothers Failure

Lehman Brothers was one of the five largest investment banks in USA and was regarded as the leader in fixed interest transactions. The bank had a substantial amount of investment in the subprime mortgage market of America. When the investments in this market were rejected as being very risky, the confidence of investors in Lehman Brothers decreased and the share prices started declining. In 2007 the bank made write downs of $700 million and this write down amount rocketed to $7.8 billion in 2008 and the largest loss of the bank’s history was reported. Even after this tremendous write down of value the bank had a risky investment of $54 billion in mortgage securities.

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Average Lifespan American Citizen Essay Example

Average Lifespan American Citizen Essay Example

… the beginning years of the twentieth century continued their unfair practices and increased in scope and power throughout America.
By the time Woodrow Wilson had become President of the United States in 1912, American corporations continued to expand and many Americans became fearful that corporations, due to their vast financial holdings, would absorb smaller companies, thus creating more monopolies and limiting fair competition. The Clayton Anti-Trust …

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Automobile Ownership Trends Latin America Essay Sample

Automobile Ownership Trends Latin America Essay Sample

… pay,” he said. He added, “In the year 2003, we demand better trading conditions between us in Africa and our brothers in Europe and America.” He also noted that if globalization was going to work effectively, the IMF, WB, and WTO should be freed from U.S. control.
Structural Adjustment …

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Aurelius Summary Meditations Essay

Aurelius Summary Meditations Essay

… , a slowing down of American globalization is one thing that they agree on.
Analysis: Although Brazil’s economic situation should be improving – and although the country has been able to work out its repayment schedule through the IMF – its economy remains shaky and its currency in trouble. Candidates for president – especially those on the left but even those on the right – suggest that the real problem may be American attempts to globalize all of the New World.

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Leading Countries Essay

Leading Countries Essay

At the end Cold War and after the World War II, the rivalry for attaining world economic power has been opened to all most influence countries in the world. The collapsed of Soviet Union became the start for the United States and the United Kingdom (England) influenced on the military, political and specifically economic control. Both countries built united citizens, tough republic, strong economy, and physically powerful military forces. No country in the rest of the world leveled the achievements of these countries and advancement of their technology. Also United States and England influenced the economy, culture and traditions of many developed and developing countries in the world.

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Alexander The Great Genius Or Madman Essay Example

Alexander The Great Genius Or Madman Essay Example

… , Alexander The Great influenced the western civilization the most; more so positively than negatively. Hence our research paper will revolve around the following thesis statement: Alexander the Great had the greatest impact on Western civilization be it economically, socially or politically. This daring political figure proved to be the role model for the entire national culture.
The legendary title of Alexander the Great became popular only because the king, Alexander III, the son of Philip II did wonders to culturally reform his nation rather than solely resting his concentration on the militaristic accomplishments alone, unlike his predecessors. Before Alexander the …

… the monarchs failed to strike a balance between the luxuries of the elite and the hardships of the destitute lot, poverty was the clear outcome.
However, one of the most noteworthy contributions by Alexander the Great is related to the field of education. Having studied by and being the genius student of one of the greatest philosophers, Aristotle, Alexander the Great motivated his successors as well as his people to promote education and enlighten their generations with the same. “This advocacy of education yielded diverse results” (p. 101). Some literary figures spent quality time in producing pieces of criticism. However …

Alexander Hamilton About Haiti Essay

Alexander Hamilton About Haiti Essay

… Acknowledging that Alexander Hamilton’s philosophies formed the roots of today’s Republican Party and that Thomas Jefferson’s philosophies formed the roots of today’s Democratic Party, it is indeed obvious that these two men embraced opposing viewpoints with regard to the American government, economy, and foreign affairs.
Hamilton, wealthy and well educated, favored a strong central government and believed in broadly interpreting the Constitution. This broad interpretation was at the heart of many disagreements with Thomas Jefferson and others like him, who in contrast believed in a strict interpretation of the Constitution and favored strong state governments and …

… him, who in contrast believed in a strict interpretation of the Constitution and favored strong state governments and individual freedoms.
As Secretary of State, Hamilton’s fiscal policies consolidated power at the national level, thus increasing the economic power of the federal government and reducing that of the states. Hamilton used his broad interpretation of the Constitution to justify a National Bank and the circulation of a national currency. In contrast, Jefferson believed that a central bank was unconstitutional because it was not expressly provided for and was not necessary because the government could collect taxes and function without it …

Agricultural Subsidies Essay Example

Agricultural Subsidies Essay Example

… ). Malnutrition was taking the lives of “11,000 children each day” in Africa, and in Zambia is was affecting half of children under 5 years of age and perhaps up to a third of the population – which Ms. Logie blames on structural adjustment. “[Because of] the removal of food subsidies, the price of maize (Zambians’ basic food) has increased by 500%.”
What effect has structural adjustment had on living conditions for ordinary citizens and on the migration process between rural and urban environments in Sub-Saharan Africa? According to Deborah Potts (1995), the IMF and WB “imposed unnecessarily harsh and …

… the beginning of the 20th Century, the Kenyan economy and agriculture were at a basic sustenance level. And when white settlers began arriving, the ease of their entry into the midsection of the country was due to the construction of the Uganda Railway. The English settlers brought with them agricultural know-how, and thus were able to grow pyrethrum, wheat, coffee, tea, and sisal, where previously farming had not been a productive part of the economy. The English also introduced livestock ranching. The not-so-good news, however, for the indigenous peoples of Kenya, was that the colonial settlers’ goals …

Consumption and Exchange Essay

Consumption and Exchange Essay

While the changes that take place in the contemporary societies are evident, for instance the change from hunting and gathering to the cash economy, production, exchange and consumption are inextricably integral elements that define the society. Native Americans of the Northwest have been a subject for scholarly inquiry in relation to where they fall. The economic anthropology of these people has attracted interest given that though the whole of humanity has at one time practiced foraging as a dominant economic activity, the Native Americans in the Northwest Coast were still able to go a mile further and engage in other lavish practices like gift-giving (Wood et al 2006).

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Accounting Theory And Research Essay Example

Accounting Theory And Research Essay Example

… the private sector.
Does privatization affect you? Privatization is important because it helps the government achieve savings, improve efficiency and maximize effectiveness. The General Accounting Office has determined that competition for these positions could save taxpayers as much as thirty percent on each contract. The improvement will not only reduce …

… is that privatization can greatly benefit the government and American public. I am concerned, however, that the results of my research will contradict my theory and my employer will not like the outcome of my research. Other problems I may encounter include a lack of cooperation on the interviewee’s …

… respond quickly to changing commands and strive to satisfy their customers. Privatization promotes and ensures open competition on federally funded or assisted projects.
The research also found that privatization can improve the efficiency of private sector firms. Our research uncovered that many businesses in the private sector report an increase …

… government with a way to reduce spending and still get a high quality product or service.
We can conclude that there are serious advantages and disadvantages that should be discussed prior to the implementation of any privatization strategies. The government must weigh the costs and benefits that privatization will have …

Accounting Principles Board Opinion No 16 Essay

Accounting Principles Board Opinion No 16 Essay

… seasonal pace of the training. Once the principle got the coaches on board, convincing them of the athletic as well as . Expensing Stock Options In the fading light of the recently exposed corporate accounting bonfire, the Financial Accounting Standards Board prescribed by Maintenance Review Board. These are subjected to the principles framed under STD 625, Appendix B, in case Wikipedia. “The International Accounting Standards Board.” http://en.wikipedia.org/wiki/Inter national_Accounting_Standards_Board Wikipedia. “The International Accounting Standards Board.” http://en.wikipedia.org/wiki/Inter national_Accounting_Standards_Board Accounting Standards Board (FASB) could not decide how energy contracts should be accounted for and finally allowed each …

Accounting For Stock Options Essay Sample

Accounting For Stock Options Essay Sample

… investment went south and had an unrealized holding loss of $1.3 million. Stable Mable had to classify and establish just how to adjust their financial statements for the investment’s losses. Their options were to account for the losses as realized losses or to exclude the losses from earnings as a separate component of shareholders’ equity.

In addition, decisions made now could effect future financial statements …

… objectives and conventions that govern how financial statements are prepared.

A review of Statement No. 115, Accounting for Certain Investments in Debt and Equity Securities (Issued 5/93):

Statement 115 addresses accounting and reporting for investments in equity securities and those investments are to be classified in categories:

Debt securities that the enterprise has the positive intent and ability to hold to maturity are classified as ‘held …

… a false reality.

An “Impairment Charge” is a new term for writing off worthless goodwill. While impairment charges have gone relatively unnoticed, they will get more attention as the weak economy and faltering stock market force more charge-offs. This will also increase concerns about corporate balance sheets.

Individuals need to be aware of these risks and factor them into their investing decision-making process.

Accounting Career Essay

Accounting Career Essay

… Graduate School Essay
This is a three page Graduate school admission letter for one interested in pursuing a career in economics.
A Career Path
There are many careers available in the world today. One can be a doctor and perhaps discover a cure for cancer, a teacher who inspires the next President of the United States, or even an astronaut who may one day travel to Mars. I enjoy working with the numerous financial dealings of companies, making a career path in Economics the best choice for me. Currently there are few minorities choosing to major in Economics, however it …

… as training in Managerial and Financial Economics.
I feel I can enlighten others in what is involved in starting a business, as well as keeping it financially sound. I can provide insight in the banking and insurance industries, and inform my classmates what is expected of one pursuing an Accounting Degree. Not only will I be able to share my experiences, but also gain additional knowledge from the experiences of those around me, furthering my academic experience.

Academic Papers On Singapore Economy Essay Example

Academic Papers On Singapore Economy Essay Example

… countries, particularly Japan, experienced major financial growth. Industries, especially those involving high technology, were thriving in East Asia (Sato, Ryuzo, and Takashi Negishi). In the mid 1990s, signs began to emerge that the economy was much less stable than people had originally thought (Sato, Ryuzo, and Takashi Negishi).
Firstly, capital account surpluses were greatly exceeding the deficits of many of the East Asian countries, including Japan, Malaysia, …

… fact that the export-led model is no longer sustainable because international markets are saturated. The mandating and structuring of regional markets by the nations in East Asia, particularly Japan, China, Malaysia, and Singapore, have proven to be devastating to their relative economies.

Works Cited
Goad, Pierre. “Look Homeward, Asia.” Far East Economic Review. 10 June
1999. Accessed 8 June 2003. http://www2.gol.com/users/coynerhm/ …

… The Causes of Japan’s Financial Crisis.” (Electronic Version).
Accessed 8 June 2003. http://www-1.gsb.columbia.edu/japan/pdf/wp146.pdf.
Sato, Ryuzo, and Takashi Negishi. Developments in Japanese Economics. Tokyo:
Academic Press. 1989.

The Flows of Information through a Collaborative Financial Information System Essay

The Flows of Information through a Collaborative Financial Information System Essay

The current economic environment requires a successful business to operate smarter, more efficiently and seamlessly which has lead to initiatives like business process improvement, workflow reengineering management and balanced scorecard. The initiatives and best practices implemented to achieve these objectives in many organizations have lead to the drastic change in IT. IT has gone from solely technical solutions to integrated business analysis and process optimization; and can almost be described as a function of both HR and Finance. Specifically when it comes to automating workflow; workflow in general, can be linked to an information system allowing management to realize the impact of production decisions can be determined immediately, organizations are seeking actionable information upon which to implement into strategy and effect decisions.

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Key Provisions of the Sarbanes-Oxley Act of 2002 Essay

Key Provisions of the Sarbanes-Oxley Act of 2002 Essay

  1. Immediately effective requirement for CEO and CFO to certify annual and quarterly reports, subject to criminal and fines and imprisonment.
  2. Prohibits auditing firm that provides auditing services for an “issuer” from performing specified non-audit services and requires Audit Committee approval of non-audit services not expressly forbidden (effective 180 days after the Board becomes operational)
  3. Adopts Public Company Audit Committee Standards

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Abe Lincoln S Leadership Philosophy Essay Example

Abe Lincoln S Leadership Philosophy Essay Example

A discussion of whether or not The Nation of Islam is a radical sect or a legitimate religious organization.

… I.A. has received the most notoriety because of Marcus Garvey and his appeal.
The Universal Negro Improvement Association had a tremendous influence on the Nation of Islam. Both organizations shared the philosophy that stressed Black independence through self-sufficiency. The phrase originated by Marcus Garvey Up you mighty race, you can accomplish what you will was a rallying cry often used by Elijah Muhammad.(p. 61, Lincoln) The U.N.I.A. faded from existence when Marcus Garvey was exiled in 1927.
The man attributed with the founding of the Nation of Islam was Wallace D. Fard. During his …

… the pale horse represented the devil and thus he came to the belief that all Whites were devils. If this were true, Fard must have been part devil himself. This belief that Whites were devils would be a rallying cry by many of NATION OF ISLAM leaders. Under the leadership of Wallace D. Muhammad the Nation would distance itself from this belief.
Between 1930 and 1933 Wallace D. Fard recruited 8,000 followers in the Detroit area. It is not surprising that so many African Americans were attracted to Fards teachings due to the harsh economic and social conditions …

A World Where News Travelled Slowly Analysis Essay Sample

A World Where News Travelled Slowly Analysis Essay Sample

… incentives to avoid long usage of the money; program design conditions; post program analysis and central bank safeguards; way to deal with misreporting of information from the borrower; and technical assistance / statistical standards. In cases where there are overdue obligations, the IMF has policies (safeguards) to cooperatively prevent arrears, clear …

… countries.)
The above-mentioned protests “…are merely the tip of a vast iceberg of transnational networks tying together people from all parts of the world who share grievances about the current rules government global economic integration,” according to Ann Florini (OECD Observer, 2001). Her argument is echoed by many journalists …

… commended for maintaining strict fiscal discipline in the face of budgetary pressures.” The bad news though – and there always seems to be some bad news when reporting on Africa – is that the IMF warned that South Africa is facing a “serious HIV / AIDS epidemic.
“The spread of the disease and …

… many other data, Potts established a rule of thumb for human migration in Zaire. “Where there is definite evidence of urban centres growing more slowly than natural increase, urban-rural migration must be occurring.” And where the growth rates have dropped dramatically but there still is “some net in-migration …

A Summary Of Where Are You Going Where Have You Been Essay

A Summary Of Where Are You Going Where Have You Been Essay

… society.

Article Two
“World Forum, Back at Davos, Faces Tough Economic Skiing”, by Alan Cowell, Section A , Page 3 , Column 1, Jan. 23, 2003.
Summary: This article examines an annual meeting of business leaders at the World Economic Forum in Switzerland and their having to come to terms with a …

… argues that the terrorist attacks of Sept. 11 have been a great boon to globalization and have to some extent silenced those who have been trumpeting its dangers.
Analysis: This article argues that the terrorist attacks have made nations, their leaders and their citizens newly and profoundly aware of the …

… of globalization, especially for Mexico’s middle class and for the poor that would become middle-class with the opportunities offered by globalization. These have not in fact materialized.
Article Seven
“As Multinationals Run the Taps, Anger Rises Over Water for Profit”. John Tagliabue. Section A , Page 1 , Column 1 …

… are all probably affected by globalization more htan we know, it is still important to recognize that not all aspects of our economic life are subject to the forces of globalization nor are they likely to be any time soon, especially for citizens of the Third World.
Tenth Article
“Security …

A Summary The Laugh Of The Medusa Essay

A Summary The Laugh Of The Medusa Essay

… Article One

“Ideas & Trends; Rebuilding the Alliance to Rebuild Globalization”, by John Micklethwait and Adrian Wooldridge, Section 4 , Page 6 , Column 1, 4/13, 2003.

Summary: This article argues that the concept of globalization as an unstoppable and inevitable (and generally good) force in 21st-century society must be questioned as recent rifts in the Western alliance have grown more serious.
Analysis: This article makes the important point that there are long-standing structural constraints to the process of globalization. Empires have been built before but they have always crumbled because the forces of localization tend to overcome at some …

… which it is possible for both sides to gain something that they want) in the area of scarce natural resources there will almost necessarily be conflicts among nations, conflicts that could well undercut globalization efforts.
Article Eight
“Globalization”. Tina Rosenberg. Section 6 , Page 28 , Column 1, Aug. 18, 2002.
Summary: This is a sort of primer by Rosenberg on how to make the process of globalization more equitable so that Third World nations benefit from it as much as First World nations.
Analysis: This article rightly makes the point that a globalized economy is not necessarily an equitable one and …

WACC of Target Corporation

WACC of Target Corporation

Before we compute the WACC of Target Corporation we must know the following points in to consideration.

PARTICULARS

2008

2007

Equity Financing

35%

35%

Debt Financing

65%

65%

Stock Price

$45

$72

Dividend per share

$0.62

$0.54

Tax Rate

37.40%

38.40%

Cost of Equity ( D/P +g)

$0.62 / 45 + 15.45% = 16.82%

$.54 / 72 +15.45% =16.2%

Cost of Debt Kd (1-T)

2.1%(1 – 37.40%) = 1.3%

5.2%(1 – 38.4%) = 3.2%

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A Quote By Galileo Galilea Essay Example

A Quote By Galileo Galilea Essay Example

… to survive. In their struggle many of them found that they had no choice but to become sharecroppers. Sharecroppers were economically enslaved to their white “partners”. They worked the white man’s land, and got a small percentage of the profits. It was not long before the sharecroppers were doing one hundred percent of the work, and getting less money from the land that they needed to live on.
During that short time, between freedoms, the struggle to survive, and the reluctant return to slavery through something called sharecropping. These historic events in the nation’s evolvement illustrate the quote so well known in W.E.B. Dubois’s Reconstruction Era.
WORKS CITED
W. E. Burghardt Du Bois(Accessed 11-6-2002)
THE FREEDOMEN BUREAU
http://www.theatlantic.com/issues/01mar/dubois.htm

Dubois. WEB. Reconstruction Era

Bureau Office (accessed 11-6-2002)

http://cti.itc.virginia.edu/~ela/freedmen/overview.html

Essay on 14th Century In England

Essay on 14th Century In England

… Black Death, and mass social crisis and revolt due to a plunging economy.
The Hundred Years war occurred between 1337 and the 1400s (FourteenthCentury). The conflict consumed many nations, but most notably England and France. Both European powers were vying for control over parts of the European mainland. The outbreak of the war was not sudden, but rather resulted from a number of smaller conflicts, and …

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Financial Analyst Resumes to Serve Your Purpose

Financial Analyst Resumes to Serve Your Purpose

Working like a donkey the whole life is never remunerating. You will never be rewarded and will always be considered as a burden to your organization. Your boss will be complacent enough that you can never override him. As such, he will impose the entire work burden on you and make his own career in that time. You may understand his pranks but you cannot utter a single word against him.

Though, you may have the capability to handle managerial jobs, you will not be given a chance. The whole lot of burden of work will deteriorate your work quality. Analysing things positively in a good atmosphere is what you lose in that context. You still may have to continue because of burgeoning financial pressures of your family. But, only if you take an intelligent step at the first instance, you may not have to see such a piteous condition for yourself.

The intelligent step is to understand the analysing capacity in you. An intelligent financial analyst resume serves this purpose. There may be many people who may discourage that analysts job is that of second order importance. As such, your demand may decrease in the future. But history proves that a person of intrinsic worth would never be work-less.

You only need to take that bold step of going beyond physical workmanship. For that you need to communicate clearly in your job application itself. Slowly as time advances, your mental abilities also tend to increase. You may not become a scapegoat to anyone’s fantasies.

A financial analyst is one who can assess the position of a firm and formulate strategies. These strategies may be concerned with:

• Familiarizing an upcoming industry to the world
• Maintaining a firm in its current top position
• Taking steps to survive even in tough conditions
• Implementing required cuts in the business when it is heading towards a decline

In this process, there may be mergers and acquisitions with other firms. The firm itself may be able to merge other companies as its subsidiaries. It can also think of submitting a form of bankruptcy if the going gets tough. When there are huge profits, it can think of investing into new ventures. In all these diverse functions, existence of a Financial Analyst in a firm is a must. A brilliantly prepared financial analyst resume can fetch that job to you.

Just passing through some managerial degree like an MBA, CA, CPA etc. will not fetch such prestigious positions. Even if the candidate possesses the required qualifications, acceptance by the senior staff into such a high position becomes too tough. How can they accept a youngster with no experience becoming their superior?

They will all play pranks to pull him down immediately. To avoid all such disturbances in your work place, it is better you communicate well. This should be done right from the first paper you send to your prospective employer. Once when everyone understands that your introductory profile is very knowledge commanding, miracles may happen.

What to enter in a Bookkeeper Resume

What to enter in a Bookkeeper Resume

Bookkeeping is an important function of any organization. Efficient bookkeepers having basic or advanced bookkeeping qualifications are always in demand. So what do you need when you apply for the job of bookkeeper? Of course, a bookkeeper resume.

If you have just finished your education, then you will have to prepare an entry level resume for the position of bookkeeper. An experienced bookkeeper will have more details in his resume. Certain points such as personal details and educational qualifications will be common to  both.

However, in an entry level bookkeeper resume, you have to remember that you don’t have any job experience to boast about. You will therefore have to concentrate on a few points – your qualification, your educational institution, your test scores and any summer projects that you have done in this field.

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