Investors think and act "rationally" when it comes to buying and selling stocks according to economic theorists. The economists have opined that the financial markets are stable and efficient due to the stock prices that seem to follow an expected pattern and the overall economy portrays trends toward "general equilibrium". According to Shiller (1999), in real world, the investors do not investigate and act rationally. Investors speculate stocks between unrealistic highs and lows because of t...
INTRODUCTION Rationale for the MRR Seychelles financial market has witnessed a sea change post IMF-backed macroeconomic reform program launched in November 2008. The country, which was blacklisted by multi-lateral agencies and international banks until November 2008 due to its repeated financial defaults over the years, did a quick turnaround and has been granted a B- Rating Positive Outlook by Fitch (International Credit Rating Agency) in March 2010 [1] . Foreign exchange reserves have cross...
1.1 Company Description and Business Scope. Potash Corp Saskatchewan started as a crown corporation until its initial public offering took place on the Toronto Stock Exchange at $18.00 CND and $15.125 USD New York Stock Exchange in November 2, 1989. Since then, it has developed into the world's largest fertilizer producer, accounting for nearly a quarter of the world's capacity as well as having business interests in seven countries with 5,136 employees. The company's claimed goal is to feed ...
Mergers and acquisitions are very common in these days and we daily hear the news of mergers and acquisitions of all the range of companies' small, medium and large scale business tycoons with national and multination companies to enjoy the economies of large scale production and lots of other business objectives. The basic objective of all these activities is to maximize the wealth of ordinary shareholders by maximization of profits and cash inflows. Every business unit is in continuous proc...
The company that has been chosen for the purpose of this assignment is the Toyota Corporation and the product that would be highlighted during this paper is going to be the Toyota Camry 2007 model. It is necessary to differentiate the difference between what are microeconomic factors and what are macroeconomic factors, the micro level economic factors are something that the company can exercise some level of control and can influence this environment to a certain degree but macroeconomic fact...
Accounting is a language of business through which normally a business communicates with the outside world. In order to make this language intelligible and commonly understood by all, a massive number of concepts are being used. This Concept Book covers a wide area of Accounting in a logical sequence for ease of understanding of any reader. 2.0 Separate Entity Concept In accounting, business is considered to be a separate entity from the owners. It may appear to be ridiculous that one person ...
Easyjet is a U.K based low-cost airline offering services on 500 routes between 118 European, West Asian and North African airports using fleet size of 182 aircrafts. Unlike its biggest competitor Raynair, Easyjet uses primary airports to operate its services in off-peak time to avoid high airport fees. In 2007/08, despite the economic downturn and high fuel prices the company managed to increase its revenue as compared to last year with an increase load factor of about 85%. However the compa...
INTRODUCTION TO TOPIC On 17th August, 2006 in CHINA, the following news [1] was released by the Shanghai stock exchange (SSE): The SHANGHAI STOCK EXCHANGE (SSE) and CHINA SECURITIES INDEX CO., Ltd. (CSI) announced on December 19, 2007 the construction scheme of SSE Corporate Governance Index [2] The Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd. here by announce that the SSE 180 Corporate Governance Index, a new investment target for investors, will be launched on Septembe...
Portfolio Analysis has been in existence since 1952. Extensive research has been carried out on the portfolio theory but the implementation has been minimal. Due to the "inputs" required the implementation of Portfolio Analysis has been less. Optimum portfolios can be achieved if accurate data if data is available regarding expected future mean returns, the variances of the returns and the correlation of returns. The problem lies with obtaining the accurate data, particularly with respect to ...
The current ratio measures the liquidity of the firm for the purpose of making an analysis of its short term financial position and to determine the ability of the firm in meeting its short term financial obligations. Acid-Test Ratio: The acid test ratio is the alternate to measure liquidity of the firm. This does not include Inventories and Prepaid Expenses in current assets to avoid uncertain liquidity values. Inventory Turnover Ratio: This ratio determines the firm's ability to manage its ...
