Here are the topics we covered in the class:
- State of the World, Why Economic Freedom is Vital
- Wealth Creation and Economic Growth
- Basic Trade Concepts
- Specialization and Comparative Advantage
- History of Trade / Interaction of trade and globalization
- Potential Problems/Fears of Trade/Globalization's detractors
- Cost and Reasons of Trade Restrictions
- Trade Issues Discussion
- Do Restrictions Work?, Special Interests & Reducing Restrictions
- Currency Exchange Markets, Value of money
- Currency Exchange Systems, History
- Macro policy impact on exchange rates
- Balance of Payments/Current Accounts/Capital Movement
- EU Debt Crisis - EU and Euro
- China's future and influence
- Immigration Policy; econ and morality
- NGOs: WTO, IMF, World Bank
- Role of Aid, Growth Models
- History of International Development Aid
- International Development Aid- a new perspective
- How do we help the 3rd world?
- What about culture?
Here are the texts we were ass
Please read below and answer completely:
6-4. "Income Smoothing and an IPO"
You are an analyst for an investment fund that invests in initial public offerings (IPOs). You are looking at the financial statements of 2 companies, Clark Company and Durfee Company, that plan to go public soon. Net income for the past 3 years for the 2 companies has been as follows (in thousands):
Year Clark Durfee
Net Income Net Income
2005………………………….. $10,000 $17,000
2006………………………….. $14,000 $1,000
2007………………………….. $20,000 $26,000
If both companies issue the same number of shares and if the initial share prices are the same, which of the 2 companies appear to be a more attractive investment? Explain your reasoning. What alternate sources of data would you look at to find out whether the reported earnings amount accurately portray the business performance of these 2 companies over the past 3 years?
6-8. "If It Isn't Fraud, Then It's Ethic
you are required to write an essay up to 2000 words (please note, word count does not include bibliography nor footnotes) based on the research youll do on the `World Bank`.
Assess and Evaluate the extent to which an International Organisation `THE WORLD BANK` fulfils and complies with the input and output dimensions of an I.O. This will first require you to read and understand the functioning of the `THE WORLD BANK` and place it in its adequate regional and sectorial context. Consequently you will apply its working arrangement to a case-study. In this essay you are not asked to simply copy and paste the about us section of the International Organisations webpage. You are expected to show that you have, through original research. understood how it works. This means youll be able to illustrate so via a) a sound analytiucal characterisation and b) a critical argument about its success or failure.
IVE SUBMITTED AN ESSAY PROPOSAL WITH THE CASE-STUDY ON THE WORLD BANK TO MY LECTURER which s
Income Statement:
1. Is the format most similar to a single-step or multi-step format?
2. Determine gross profit, income from operations, and net income for the past two years and comment on the trend.
Balance sheet:
1. Show that Assets = Liabilities + Stockholders' Equity for the past two years.
Statement of Cash Flows:
1. Are cash flows from operations more or less than net income for each of the past two years?
2. What is the company?s main investing activity? (Cash Outflows)
3. What is the company's most important source of financing? (Cash Inflows)
4. Overall, has cash increased or decreased over the past two years?
D. Accounting Policies
1. The first footnote in the annual report should state significant accounting policies. What are the significant accounting policies, if any, relating to revenue recognition, cash, merchandise inventories, and property and equipment depreciation?
2. List several of the topics of the other footnotes to the financial statements.
3. Would an
Balance Sheet & Market Value of the Companies Liabilites and Equities
APPLE INCORPORATED (AAPL.O)
The Balance Sheet and Market Value of Apple Incorpoarated Company`s Liabilities and Equity
Refer to your company`s most recent balance sheet. Review the `liabilities and equity side` of the balance sheet.
(a) Short term debt
Find out from the balance sheet of the company the total of the short term debt. You may assume that the market value of the short term debt is equal to the balance sheet or the `book value` of the short term debt.
(b) Long term debt
Perform a search on the Internet in order to find whether the bonds that you company has issued are traded. If they do, examine the current market price of the bonds and yield to maturity on your company`s bonds. If the long term debt of the company is not traded, refer to the yield to maturity on similar corporate bonds and assume that the yield to maturity on your company`s bonds is similar to the yield to maturity on these bonds.
O
Case Study
- Use the Five Forces framework (Michael Porter`s approach: • Buyers`/customers` bargaining power; • Suppliers` bargaining power; • Rivalry among competitors; • Threat of new entrants; • Threat of substitute product) to analyze the Australian Centre For Plant Functional Genomics (ACPFG). The subject will be sent by email as attachment.
- Analyze sharply each part of the framework.
- Use concise sentences.
- Use reference for analyzing: Book "From Global to Metanational" by Peter J Williamson and Michael Porter's book about the five forces.
- Conclusion is not summary, but you conclude from your work in the body.
- Citing clearly in the text. (Example: The mission empowers a business, what the business is for, why it should exist, and where it will be directed (Scarborough & Zimmerer, 2006:44-45)
- Plagiarism will not be tolerated.
- Use Harvard system referencing. Use references list not bibliography. (Example for Reference List: Scarborough N.M., & Zimmere
The research report will involve an independent study in which students select a business, identify a problem within that business, study theoretical and practical solutions to similar problems, and adapt those solutions to the business in the study. The rest of the details are in the attachment.
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Using library and internet sources review a large public sector or commercial organisation and prepare a Business Continuity Plan which provides resilience in the face of disruption
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TRIFLES
[SCENE: The kitchen in the now abandoned farmhouse of JOHN WRIGHT, a gloomy kitchen, and left without having been put in order -- unwashed pans under the sink, a loaf of bread outside the bread-box, a dish-towel on the table -- other signs of incompleted work. At the rear the outer door opens and the SHERIFF comes in followed by the COUNTY ATTORNEY and HALE. The SHERIFF and HALE are men in middle life, the COUNTY ATTORNEY is a young man; all are much bundled up and go at once to the stove. They are followed by the two women -- the SHERIFF'S wife first; she is a slight wiry woman, a thin nervous face. MRS. HALE is larger and would ordinarily be called more comfortable looking, but she is disturbed now and looks fearfully about as she enters. The women have come in slowly, and stand close together near the door.]
COUNTY ATTORNEY
[Rubbing his hands.]
This feels good. Come up to the fire, ladies.
MRS. PETERS
[After taking a step forward.]
I'm not -- cold.
SHERIFF
[Unbuttoning h
In this task you will use the “Competition Bikes Inc. Storyline” case study to prepare a summary report based on your evaluation of the company’s operations.
Task:
Note: Be sure to submit a copy of your Excel workbook when submitting your JET2 Task 1 work. The evaluator will need a copy of your data to ensure correct evaluation.
A. Prepare a summary report in which you do the following:
1. Evaluate the company’s operational strengths and weaknesses based on the following:
a. Horizontal analysis results
b. Vertical analysis results
c. Trend analysis results
d. Ratio analysis results
2. Analyze the working capital of Competition Bikes Inc. Consider the following in your analysis:
• Ways to improve the working capital
• Ways to use excess working capital to generate an increase in profits
3. Evaluate the internal controls for the Competition Bikes Inc. purchasing system.
a. Recommend corrective actions for any weaknesses.
b. Identify th