GCSE: Accounting & Finance
-
R.J. Reynolds International (RJR) is currently facing a decision of choosing between debt financing or equity financing of $1 Billion in its acquisition of Nabisco
The preferred dividends, whether in arrears or not, are not tax exempt. Debt financing benefits the stockholders. If equity is issued, the stock is diluted and stockholders lose some control and voting rights they currently have. They would also have to share any profits when the company issues dividends. RJR has already bought back more than 17 million shares of stock between 1984 to 1985, so it would be counterproductive to issue more stock at this time. Also, the company?s stock appears to be undervalued based on market to book valuation, therefore equity financing would not be beneficial at this time.
- Word count: 769
-
Tullow Oil - case study
The SWOT analysis will give a clear representation of the business environment that Tullow Oil is operating in at the current time. Strengths The strengths of a business or organisation are positive features, something they do well and that is under their control. The strengths of a company can be what give it the edge over its rivals. The following section will outline main strengths of Tullow Oil Competitive pricing is a vital element of Tullow Oil?s overall success, as this keeps them in line with their rivals, if not above them.
- Word count: 735
-
Financial report. I will be talking about the financial performance of my business including how a profit and loss account works and what my account tells me.
A balance sheet will tell you all your assets and liabilities and will list them and tell you how much they are worth/ costing you, you can also find out your working capital and also find out whether it is viable for you to draw more money out of the business or whether you need to be taking less money out of the business (your drawings). As I said earlier a profit and loss account can be used to show whether your business is making a profit or a loss and then to decide what you should do next.
- Word count: 3026
-
Advantages of using credit cards
Especially, when we travel or take a trip to another place that will be difficult and dangerous for brought the cash. Today, Credit cards are a widely used source of convenient credit for restaurants, hotels, and gasoline stations. If we are away from home without cash, we also can receive a cash advance with a credit card. Second, it also is a safe alternative to cash.
- Word count: 434
-
Accounting Report. The aim of this report is to analyse the handling of cash, credit and inventories and outline the role that internal controls play in the business.
The administrative controls are methods carried out that are designated to facilitate proper adherence to managerial policies and procedures. In general, the main aims of internal controls are to detect and minimise any errors made in the business, prevent theft or fraud from occurring and increase efficiency of business procedures. There are a few main principles that internal controls are built around. In order for a business to run efficiently, reliable and competent personnel must be given appropriate responsibilities in the business.
- Word count: 822