Finance : Page - 4

Capital Markets and Money MarketsCapital markets and money markets are considered significantly essential for the success and development of the companies and countries (Smith, 1973). In this question, the impact of global financial crisis will be discussed. It is be highlighted how Global Financial Crisis impacted the international financial markets and stability of the financial system. After that, the disaster recovery processes adopted b...

Work Breakdown Structure (WBS)Project Management consists of methods, processes, knowledge, experience and skills which have to be applied to the given project to achieve its objectives. It allows manager to handle multiple activities together which are interdependent on each other (Waheed & Waheed, 2016). The success of the project is based on four major components which are quality, scope, budget and time. The main difference between man...

Value Maximization and its ImportanceThis paper evaluates the statement of “value maximization is always ethical”. Value maximization is the process of enhancing net worth of the company’s through increased share prices on common stock. Value maximization is the process of increases in owner’s wealth accomplished through maximizes the value of company’s common stock in the stock market. Value maximization is the n...

Return on EquityReturn on equity= net income/ shareholders’ equity 20x4 Return on equity = 20,000/150,000 =0.13 or 13% 20x5 Return on equity = 11,000/ 144,000 =0.076 or 7.6% 20x6 Return on equity = 2,500/ 143,000 =0.017 or 1.7% Return on asset = net assets/ average total assets Average total assets = (previous year total assets + current year total assets)/ 2 20x4 Return on asset = 150,000/266,000 Return on asset ratio ...

Dividing the Business into Cost CentresThe medium-sized hotel business, in the case study, has a restaurant, piano bar, longue bar, a motel complex with 20 rooms and front bar. All these have to be managed and financed by a single business.  This business could be divided into different cost centres for the ease of Management.  These call centres are Administration, accommodation, bars, sales and marketing, cafeteria, room ke...

Australian banking industry backgroundFor the purpose of investment, investors are required to conduct in depth analysis of the industrial sector in which they are seeking investment prior to making any investment. Changes in economic fundamentals and its impact on the performance of companies can be evaluate by conducting fundamental analysis. Value and share price of company is considerably affected by micro and macro-economic factors. For p...

General annual cash flowInternational business finance is the trade that focuses mainly on dealing with the financial issues that appears when a company plans to spread its business abroad. The factors are therefore quite necessary to be determined, as they account for the challenges faced by the company under alien economic conditions. The primary focus of the report is to identify the annual cash flow for the Australian company for BilT, a ...

Present description of JB HI-FI CompanyOrganization is accompanied with the complex set of activities in which various functions are performed to achieve the certain goals and objectives. It is considered that financial analysis of company helps in evaluating the business performance and how company has been managing its business throughout the time. In this report, two companies named JB HI-FI and Wm Morrison plc have been taken into considerat...

Part 1- MaterialityAccording to Australian Auditing Standard (ASA) 320 in Para 9, it is the responsibility of the auditors to take into consideration the aspect of materiality while determining timing, nature and extent of the audit processes (Houghton and Campbell 2013). The aspect of materiality is an important factor while evaluating the material misstatements in the financial reports of the companies. As per Australian Auditing Standard (A...

Financial Ratio AnalysisAnalysis using key financial ratio:   As rightly put forward by Wahlen et al., (2014), the return on equity is essentially a dimension that can measure efficiency of a corporation in utilizing the funds acquired from different financiers for yielding profits. A higher return on equity percentage essentially replicates a greater efficiency on the part of the corporation. However, in the present case, the set stand...

Analysis of Kmart LimitedIn our discussion in the following study we have analysed the financial information of Kmart limited which was founded in the year 2010. The company has been rapidly growing and has also built up a chain of stores selling household products. In the following study we have compared the performance of Kmart with its one of leading Warehouses The Warehouse group. (Achelis, 2011) In order to make the financial comparable, w...

Audit PlanningAudit planning is the beginning of the procedure of auditing. It is an auditor’s responsibility to plan audit properly. As the planning include forming the strategies to develop an audit plan which takes in particular planning the risk assessing procedures and plan the resultants to the risks associated with the material misstatement (Hayes, 2014). Audit planning is the continuous process starts after the previous audit end...

Question 1The value of the revenues for the financial year 2011 and 2016 are as highlighted below (Morningstar, 2017). Operating revenue in financial year Operating revenue in financial year Company’s five year growth rate (CAGR) can be computed as 5 year CAGR    =  per annum Therefore, the five year growth rate is 5.97% per annum.  Case: If this CAGR would be expected to continue then the operating revenue for...

Sustainability ChallengesThe oil and gas industry is a crucial industry, without which, the daily lives of the common people is next to impossible. Oil and gas are something which is needed for commuting, for cooking food, for machines, or commercial products like plastics, fertilizers, and is even used in some pharmaceuticals (Tom, 2012). So, nearly each aspect of an individual’s life is touched by some or other form of oil and gas. And...

DiscussionThe report is prepared for after analyzing the risk associated with the supply chain and the solution that can be used for mitigation of the risk. The risk management is necessary for the success of the project and the different factors of the supply chain are reviewed with reference to different secondary sources such as scholarly articles and journals and websites of different organization are reviewed for gathering information. Th...

Foreign Investment in AustraliaForeign direct investment is considered as an integral part of the open and effective international system of economics and is also considered as a major catalyst in the development of the country. However, the benefits of the foreign direct investment do not accrue automatically and evenly across the country, its sectors, and the local communities. The national policies and the architecture of the international ...

Financial ObjectivesIn every business organizations, the Finance part is one of the major parts as the success of the business organizations largely depends on the financial performance of the companies (Brigham and Houston 2012). There is not any exception of this fact in case of the new business organizations or the start ups. For the start up businesses, the finance part is one of the major aspects as the owners of the new companies need to...

Part (a) - Calculating RatiosMitchells and Butlers Plc generally deals in managing the restaurants and pubs. The main objective of the company is to make their guests comfortable and make them love to eat and drink with the brand. They deal in the large and fragmented UK eating and drinking out market (Mbplc.com 2017). The format and the portfolio of the company includes some big names like Browns, Toby Carvey, All Bar One, Harvester, S...

Introduction to case study organizationThis report will use Marks & Spencer as a case study to evaluate the performance of organization and how this performance can be measured. M&S is a British company dealing in the clothing retail industry. The company was formed in the 1884. it specializes in selling of men`s clothes, women`s clothes and luxury food products. The measurement if performance for the organization is important in det...

Business Culture Differences in ChinaThe manner in which countries carry out business activities vary depending on their set cultures and the same applies to china and New Zealand. The way china does its business is quite different from how New Zealand conducts business and there is a lot that can be learnt by New Zealand even as it focuses on strengthening its business ties with the east especially china (Fang, 2012) It is advisable to hav...

Global Trends in Road Network ExpansionThe increasing failure in many construction projects across the globe has enhanced the need of risk management, which are causing the projects to be delayed. Globalization has attracted many foreign investors in the different parts of world. This has enhanced the pressure of managing the requirements within the deadline and with the utter quality. However, the situation has become worse because of several...

LiquidityThe report analyzes the changes in health and financial performance of Next Plc over the last five years. Next Plc is British Multinational clothing, home products and Footwear Corporation listed on London stock exchange (nextplc.co.uk 2017). Objective of group is to deliver long-term returns to shareholders through a combination of sustainable growth in payment of cash dividends and earnings per share (Anderson et al. 2015).&nbs...

Advantages of Procurement in Project ManagementProcurements and contracts are extremely vital issues for successful completion of a project management. Master planning for acquisition and purchases, requests for proposal, selection of vendors, contract administration, and contract closure are inevitable parts of the process. Learning from the case study of New Royal Adelaide Hospital AG Report and benchmarking against best practices, guideline...

Management Support System (MRS), Decision Support System (DSS), and Executive Information System (EIS)As referred by Chris (2012) that overview of the basic formulated pattern of the development Information System corresponding to the professional architect of the organization maneuver and management. It lays emphasis of enlighten prominent administration classification includes Management Support System (MRS), Decision Support System (DSS) al...

Analysis of the Project Scope and Stakeholder RolesProject Management Plan or in short, PMP, is a document that lists different aspects of the project that are decided during the planning phase. It includes project scope, objectives, stakeholder roles, estimated time, budget, risk management plan and others. Any project management plan is incomplete without any of these points and aspects (Kerzner, 2013). However, simply including these aspects ...