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When staffs are able to access the company financials, they feel the existence of trust and transparency in management. As a result, they become motivated in contributing to ways used to run the company such as decision making processes. The second benefit is the sense of community. Allowing access to financial information creates an open environment where employees feel honest and open with one another. This increases happiness and relationships enabling the staffs to connect on a professional and personal level (Case, 1996). The other benefit is development of unique ideas. Through sharing of operational and financial information with staff, the top officials may likely to find unique ideas from them. In addition, individuals may offer new insights on how to tackle a certain problem.
Failing to disclose financial information to employees leads to them ‘operating in the dark’. Without employees accessing financial data, they tend to lack information on the critical facts of the company such as profits and losses. This implies that even when a company suffer loss, employees are not able to help; lack of financial information hinders good decisions (Case, 1996). In addition, if a company make some profits and employees are not informed about it, they tend to become reluctant in their daily work. This prevents the company from meeting its
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This means, buying the inventory directly from the manufacturer and then distributing it to various outlets in the city at a margin. The business therefore plays an intermediary role by providing a channel for distributing the manufacturer’s products to the consumers.
Problem Statement The changes in the economic conditions as well as the business requirements of the customers of CCL; it may not be able to sustain its profitability for longer period of time and, hence, may default due to constrained cash flows. Problems/Sub-Problems/Issues Following issues have been observed: 1.
) Cost of Debt (kd) Bank Overdraft 169,800,000 6% Redeemable bond 310,200,000 3.52% Calculation of Cost of debt (kd) Table 2 Current Market Value (94) Coupon Payment Dec-11 4 Dec-12 4 Dec-13 4 Dec-14 4 Dec-15 4 Redemption at premium 102 IRR (Pre tax) 4.88% IRR (Post tax) 3.52% Weighted Average Cost Of Capital Table 3 Instrument Market Value (?
Long-term finance sources are those that can be repaid over a long time, for more than 12 months depending on the feasibility of the business. Requirement of long-term finance is determined by certain factors. Business nature; assets needed by the business, nature of goods produced; technology type needed to run the business.
The application of probability theory and sensitivity analysis was used in the determination of the acceptability of the investment. When the company’s discounted rates were used, the results of NPV analysis were negative. The results from the application of the simple payback technique indicated that the additional revenues generated from the use of the ALII crane would be able to pay back for the investment in year 9.
Following Islamic precepts in financial transactions are viewed by many as a religious obligation. The ability of an Islamic institution to attract investors successfully may depend not only on the profitability of that institution, but also on the perception that the institution faithfully observes Islamic religious restrictions.
But after 1970 the picture was changed a lot and the market has faced a rapid change in macro factors. Those are like free trade and markets and more than this the government intervention was also reduced a lot. So after 1970 the market was quite liberalized.
Also, the goods sold must match the descriptions given and be of satisfactory quality. If this is not so, the customer has the right to return the goods. Hence, the actions of the student are inappropriate, and they display her dishonesty. If the suits met the student’s
In terms of investment decision and portfolio management, it should be expected that cognitive, affective and social factors will have an influence on an investor. This influence is portrayed in terms of saving and
7 Pages(1750 words)Coursework
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