Chapter 1 Introduction Melco International announced in January 2018 an opening of the resort in the Republic of Cyprus by early 2021. The resort will have a casino that will work temporarily in the selected location of Limassol, a Southern Coastal city on the Mediterranean Island. Later, the casino will be shifted to Melco International, and the partners’ projected permanent property will be named “City of Dreams Mediterranean.” The consortium

Question 1 Interpreting The Trial Balance The trial balance provided by the accountant reflects the sum of all financial transactions performed by Toff from October 2016 to September 30, 2017. The trial balance is divided into two sides: the right and left side. The right side includes the sum of all funds which is received by the business while the left side includes the sum of the funds the business

Executive Summary This paper is in the form of an essay that enlists the ratio and financial statement analysis of companies. Ratio analysis is important for a company to analyze its strengths and weaknesses from the past and future. Moreover, the financial statements of companies are also discussed in the essay, which helps in making financial decisions for the company. Limitations and advantages are also discussed in the study, which

An annuity refers to a lump sum of cash invested by an individual that pays out a fixed stream of income for life or for a fixed period. If an investor starts to receive the income immediately, that will be an immediate annuity, and if the investor will receive money in the future, then that is a deferred annuity. Financial institutions create and sell by accepting and investing funds from

“Of the subject territories instructed in business colleges on a worldwide scale, few can be viewed as more huge than systems in their different structures. Similarly, of the different talks and practices that are engaged with dealing with a huge association, whether a private or open company, none is regarded with as much significance and mystery as technique” (Knights and Mueller 2004: 55). One of the later commitments to the

Channel members play significant roles in the marketing process by ensuring that products or services get to the consumer as expected (Ballou, 2007). They include agents, brokers, retailers, wholesalers, and industrial distributors and add value to the process of marketing in several ways, including the following. Cost and Time-Effective Channel members are experienced and knowledgeable in their field of performance. The advantage allows them to create efficient and insightful strategies

Capital budgeting involves techniques that aid in decision-making. Therefore, I will use the payback period technique to estimate the duration it will take to recover the initial capital outlay. Capital budgeting introduction will help in making decisions about whether to invest in a new project or abandon a project which does not perform well (Damodaran, 1996). The payback period will consider the entire cash flow, especially the estimated cash flows

It was first opened in San Antonio in 1980 with a classic American theme. Fuddruckers has franchises in more than 200 places in the USA. They emphasize the same thing today as it was in 1980. They say, “We use only the freshest ingredients.” They have their own bakeries to bake their own bread and dessert items fresh daily. It truly is a build-your-own meal experience (Krizman, 2009). About Wendy’s

What is the total value of U.S. imports from Italy? Also, America’s exports to Italy? Total exports to Italy by America are 16.75 Billion dollars, whereas imports are 45.21 Billion dollars. (www.ustradernumbers.com) Italy’s top three imports? The three leading imports for Italy are cars, petroleum in crude form and packaged medicaments. (www.atlas.media.mit.edu) Italy’s top three exports? The leading three exports for Italy are packaged medicaments, automobiles, and petroleum in refined

Business internationalization encompasses investing in foreign territories for reasons such as mass production, the economy of scale, reduced competition, and increased investments. The strategy involves curbing competition and geographical challenges to the investment. Cultural differences also influence the business strategies adopted in different regions. Question 1 Firms pursue international strategies for different reasons, such as: Reduced internal competition- non-dominant firms resolve to expand to internal markets when they face stiff

The aim of every company’s functional team is just to get the task fulfilled. They are aligned in a department-specific approach where every team is assigned traditional roles. The divisional teams, however, focus on the division and accomplishment of work. The matrix teams rely on a cross-functional kind of approach where individuals from various departments or functional specialties come together to accomplish a task. The team-based approach follows a team

Historical cost is the measure of the total value used in accounting, where the price of a certain asset on the balance sheet is based on its original cost when acquired by the company. The concept of historical cost states that both the assets and liabilities of a company should be presented in the accounting records at their historical cost. Jones (1999) suggests that some people argue that historical cost

Corporate governance is a combination of rules, procedures, and practices that help a company direct and control its operations (McCahery, Sautner, and Starks, 2016). It involves maintaining the interests of a company’s shareholders, customers, suppliers, community, management, and government. Where corporate governance also delivers the framework for achieving a firm’s objective, it also helps a company in every aspect of management to take forward, from action plans, internal controls, corporate

Introduction FedEx originated in 1971 and officially started operating on 17 April 1973. It is a parent company with four operating divisions: FedEx Ground, FedEx Express, FedEx Services, and FedEx Freight. FedEx was amongst the very 1st to foresee how the Internet could turn into a means for carrying shipment information and tracking. In 1994, FedEx propelled its Website to permit clients to track parcels online and do business through

Frederick W. Smith, the founder of FedEx and an undergraduate at Yale University, proposed a paper identifying inefficiency in shipping services. He suggested a solution to carry out the deliveries at night when airports are not crowded. His idea was not well perceived by the professor, but Frederick did not give up and found out that the companies used long and inefficient routes to deliver the goods. He worked on