Barramundi Cycling Company needs foreign exchange advice and hedging for an upcoming import payment from Australia to the US. The summary recommends:
1. Using a forward contract to lock in exchange rates and minimize risk.
2. Paying the initial 50% payment with a spot rate on 6/2/2016 and the remaining 50% at a forward rate on 12/1/2016 (Payment Scheme Option 1).
3. Obtaining direct guarantees for the advance and remaining payments to further mitigate risk.
FX Project_Baramundi Cycling Company_Final Version_Presentation dayCynthia Huang
Barramundi Cycling Company needs to import inventory from Australia and make payments in both AUD and USD over several months. They have requested foreign exchange advice from Bank of the West on hedging currency risk. Two payment scheme options are provided: Option 1 involves paying the full amount on two dates, while Option 2 splits payments over four dates. Option 1 has a lower total cost. A forward contract is recommended to lock in exchange rates and minimize risk. Direct guarantees are also recommended to protect against non-delivery or poor product quality.
The Loan Estimate: This form will be provided to consumers within three business days after they submit a loan application. It replaces the early Truth in Lending statement and the Good Faith Estimate, and provides a summary of the key loan terms and estimated loan and closing costs. Consumers can use this new form to compare the costs and features of different loans.
The document discusses four alternatives for financing a $1 million investment in a 30-unit residential building. It analyzes each alternative based on criteria such as return on equity, debt-to-equity ratio, ability to pay dividends, and maintaining sufficient working capital. The four alternatives are: 1) $950k debt and $50k equity, 2) $750k bond and $250k equity, 3) $600k debt, $300k preferred shares, $100k equity, and 4) $500k equity each. The document provides financial statements and analysis for each alternative to determine which option best meets the criteria.
Fixed life insurance can be used for philanthropic planning in several ways. Donors can gift a paid-up life insurance policy they no longer need to provide a non-profit organization a future death benefit greater than the premiums paid. Donors with policies requiring ongoing premiums can transfer ownership, allowing the non-profit to receive higher returns than the premium costs. Donors can also gift annual premium payments for tax deductions while keeping coverage. Some policies offer charitable riders naming a non-profit as a 1% beneficiary at no additional cost.
The document discusses a mortgage management account (MMA) software program developed by Accelerated Equity & Development to help homeowners pay off their mortgages early. The MMA program was tested successfully with 400 homeowners in Denver, reducing their mortgage payoff time by an average of 10-15 years. The MMA works by maximizing the performance of homeowners' money through optimizing various accounts and performing periodic funds transfers to pay down the principal on their mortgage.
CFPB Loan Transaction Disclosure - Training AidMatthew Rathbun
This document is a sample Closing Disclosure for a fixed rate mortgage. It summarizes the key terms of the loan including the loan amount of $162,000, interest rate of 3.875%, and monthly principal and interest payment of $761.78. It also outlines the closing costs totaling $9,712.10 and the amount owed at closing of $14,147.26.
This document provides an overview of real estate investing strategies for average individuals. It discusses getting one's financial house in order by tracking income, expenses, debts, and net worth. The benefits of real estate investing are leveraging other people's money through mortgages, tax advantages of writing off expenses and depreciation, and generating cash flow from rental properties. The document provides examples of actual real estate investment properties purchased in Hampton Roads that appreciated significantly in value and provided positive cash flow over time. It offers tips for getting started, such as purchasing one's first home as a future rental property.
FX Project_Baramundi Cycling Company_Final Version_Presentation dayCynthia Huang
Barramundi Cycling Company needs to import inventory from Australia and make payments in both AUD and USD over several months. They have requested foreign exchange advice from Bank of the West on hedging currency risk. Two payment scheme options are provided: Option 1 involves paying the full amount on two dates, while Option 2 splits payments over four dates. Option 1 has a lower total cost. A forward contract is recommended to lock in exchange rates and minimize risk. Direct guarantees are also recommended to protect against non-delivery or poor product quality.
The Loan Estimate: This form will be provided to consumers within three business days after they submit a loan application. It replaces the early Truth in Lending statement and the Good Faith Estimate, and provides a summary of the key loan terms and estimated loan and closing costs. Consumers can use this new form to compare the costs and features of different loans.
The document discusses four alternatives for financing a $1 million investment in a 30-unit residential building. It analyzes each alternative based on criteria such as return on equity, debt-to-equity ratio, ability to pay dividends, and maintaining sufficient working capital. The four alternatives are: 1) $950k debt and $50k equity, 2) $750k bond and $250k equity, 3) $600k debt, $300k preferred shares, $100k equity, and 4) $500k equity each. The document provides financial statements and analysis for each alternative to determine which option best meets the criteria.
Fixed life insurance can be used for philanthropic planning in several ways. Donors can gift a paid-up life insurance policy they no longer need to provide a non-profit organization a future death benefit greater than the premiums paid. Donors with policies requiring ongoing premiums can transfer ownership, allowing the non-profit to receive higher returns than the premium costs. Donors can also gift annual premium payments for tax deductions while keeping coverage. Some policies offer charitable riders naming a non-profit as a 1% beneficiary at no additional cost.
The document discusses a mortgage management account (MMA) software program developed by Accelerated Equity & Development to help homeowners pay off their mortgages early. The MMA program was tested successfully with 400 homeowners in Denver, reducing their mortgage payoff time by an average of 10-15 years. The MMA works by maximizing the performance of homeowners' money through optimizing various accounts and performing periodic funds transfers to pay down the principal on their mortgage.
CFPB Loan Transaction Disclosure - Training AidMatthew Rathbun
This document is a sample Closing Disclosure for a fixed rate mortgage. It summarizes the key terms of the loan including the loan amount of $162,000, interest rate of 3.875%, and monthly principal and interest payment of $761.78. It also outlines the closing costs totaling $9,712.10 and the amount owed at closing of $14,147.26.
This document provides an overview of real estate investing strategies for average individuals. It discusses getting one's financial house in order by tracking income, expenses, debts, and net worth. The benefits of real estate investing are leveraging other people's money through mortgages, tax advantages of writing off expenses and depreciation, and generating cash flow from rental properties. The document provides examples of actual real estate investment properties purchased in Hampton Roads that appreciated significantly in value and provided positive cash flow over time. It offers tips for getting started, such as purchasing one's first home as a future rental property.
10 Ways to Use Life Insurance in Philanthropic Planningtbonhag
The document discusses several ways that life insurance policies can be used to make philanthropic gifts to non-profit organizations, including gifting a paid-up policy, transferring a premium-paying policy where the non-profit pays ongoing premiums, naming the non-profit as an irrevocable beneficiary, and gifting a convertible term policy that the non-profit can choose to convert to permanent coverage. These gift strategies provide benefits to both the donor through tax deductions and to the non-profit by ultimately receiving a death benefit that is often significantly higher than the total premiums paid over the life of the policy.
The document discusses a software program called the Money Merge Account (MMA) that helps homeowners pay off their mortgages much faster by leveraging the interest-canceling effects of a home equity line of credit (HELOC). It provides examples of families eliminating 30-year mortgages in 10-12 years while maintaining their standard of living. The MMA software analyzes users' financial situations and recommends monthly funds transfers and prepayments that reduce interest costs substantially.
Showcase the role of financial management with this content ready Financial Planning PowerPoint Presentation Slides. The ready to use financial management PowerPoint complete deck comprises of templates such as financial management goals, objectives, US financial system, financial instruments, rights issue, debenture, time value for money parameters, valuation of bonds, comparative statement, common size statement, balance sheet , cash flow statement, trend analysis, ratio analysis, cash flow for operating activities and many more. Estimate the requirement and make a forecast of funds needed. Get your audience focus on forex capital analysis, capital budgeting evaluation techniques of projects, capital structure and dividend policy, leverage analysis, cost of capital, working capital analysis, receivable management, inventory management, economic order quality, FIFO and LIFO method, commodity exchange basics and types, commodity exchange structure, financial risk management, types and components, financial risk analysis, capital asset pricing model, etc. Download the corporate finance management PPT slides to prepare financial plans. Leave them gaping with our Financial Planing PowerPoint Presentation Slides. They will be dumbstruck by your abilities.
Bonds included on the inspirational list are selected based on market liquidity. None of the suggested bonds constitute any form of trade recommendation to sell or buy.
Pricing source: Indicative prices from Bloomberg
The document recommends buying shares of Hindalco, an aluminum company trading on Indian stock exchanges. It is recommended to buy now at the current price of 108.90 rupees per share, with an expected upside of 16.6% to a target price of 127 rupees within 90 days. Hindalco's stock performance has lagged the overall market in the last year. The company's most recent financial results show revenues increasing but profits decreasing compared to the previous year. The recommendation is based on a technical analysis of Hindalco's stock price movements.
The Loan Estimate: This form will be provided to consumers within three business days after they submit a loan application. It replaces the early Truth in Lending statement and the Good Faith Estimate, and provides a summary of the key loan terms and estimated loan and closing costs. Consumers can use this new form to compare the costs and features of different loans.
The document contains financial reports for Gemstar Productions including a balance sheet, profit and loss statement, cash flow statement, and some explanatory notes. The balance sheet shows total assets of $66,486.45 including current assets of $52,533.33 and fixed assets of $13,953.12. Total liabilities are $41,653.33 and equity is $24,833.12. The profit and loss statement compares actual revenues and expenses to budget for March, showing a net income of $4,833.12. The cash flow statement shows operating, financing and net cash activities for the period.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
This document provides a mortgage calculator that allows a user to input a purchase price, down payment, and loan adjustments to calculate the mortgage amount, interest rate over a set number of years, principal and interest payment, and amortization schedule showing the breakdown of principal and interest over the life of the loan. An example is provided showing the calculations for a $500,000 purchase price with a $20,000 down payment and $3,000 loan adjustments resulting in a $483,000 mortgage amount at 5% interest over 20 years.
This document contains economic statistics and financial indicators for South Korea from 2012 to the first quarter of 2016. Some key points:
- GDP growth rates ranged from 2.3% to 3.3% during this period according to various forecasts.
- Household debt as a percentage of disposable income was high but declined from over 62% to 60.4%.
- Total assets of the banking sector grew significantly from KRW211.5 trillion to KRW345 trillion over this period.
- The number of credit cardholders and amount of credit card spending also increased markedly between 2012 and 2016.
The Quantification of Loan RestructuringJohn Kelly
This document provides an introduction to quantification tools for loan restructuring. It discusses topics such as the CAMPARI framework for credit analysis, the 5 Cs and 5 variables used to analyze loans, and how compounding interest, risk, and term extensions impact the total cost of credit. Quantitative examples are provided to illustrate concepts like how increasing the loan term reduces monthly payments but increases the total interest paid over the life of the loan.
The letter introduces the Walt Disney Company's annual report for 2013-2014. It thanks the reader for considering Disney as an investment and highlights Disney's dual priorities of creating magic and sharing it. The letter notes the report provides all necessary information about Disney's performance that year. It explains the author chose to invest in Disney for capital appreciation, as Disney's stock has a history of steady growth and the company recently acquired Lucas Arts and Marvel, bolstering future success based on the annual report analysis. The letter closes by thanking the reader again and inviting any questions.
This document provides a guide for the UOP QRB 501 Final Exam with 30 multiple choice questions covering topics such as simple and compound interest, percentages, discounts, markups, and financial calculations. It includes the questions, possible answer choices, and the solutions to each question. The guide aims to help students prepare for and pass the QRB 501 Final Exam.
Maiyo, J.K.-The Political Ecology of Chinese Investment in Uganda- the Case o...Josh Maiyo
- The document discusses a case study of Hanhe Farm, the first and only private Chinese agricultural investment in Uganda.
- Hanhe Farm covers 400 acres in Nakaseke District of Uganda and is owned by a Chinese businessman. The farm has faced conflicts with local communities over land acquisition and environmental impacts.
- While Chinese agricultural investment in Uganda is generally low, Hanhe Farm demonstrates the complex political connections that facilitate foreign access to land and the potential socio-ecological impacts of land use changes.
The document discusses choosing Townsquare Media to distribute a new magazine called "RE-LEASED". Townsquare has experience distributing magazines, including recently acquiring XXL, one of the largest hip-hop magazines. As hip-hop fans often buy multiple related magazines, distributing "RE-LEASED" through Townsquare could increase sales of both it and XXL. While Bauer Media Group also distributes magazines, it does not have experience with hip-hop titles, so Townsquare is the better choice to help the new magazine gain exposure and succeed in the competitive magazine market. The magazine will be sold in supermarkets, online retailers, and WHSmith stores in airports to target its 15-24 year old audience.
This document provides information on various graphic design tools and techniques from John Golden Computer Graphics. It discusses tools for shapes, text, paths, effects, and more. It then shows the process of creating an organizational logo, including brainstorming name combinations, sketching concepts, and refining the design through multiple versions to a final logo with color and typography applied to a t-shirt design.
10 Ways to Use Life Insurance in Philanthropic Planningtbonhag
The document discusses several ways that life insurance policies can be used to make philanthropic gifts to non-profit organizations, including gifting a paid-up policy, transferring a premium-paying policy where the non-profit pays ongoing premiums, naming the non-profit as an irrevocable beneficiary, and gifting a convertible term policy that the non-profit can choose to convert to permanent coverage. These gift strategies provide benefits to both the donor through tax deductions and to the non-profit by ultimately receiving a death benefit that is often significantly higher than the total premiums paid over the life of the policy.
The document discusses a software program called the Money Merge Account (MMA) that helps homeowners pay off their mortgages much faster by leveraging the interest-canceling effects of a home equity line of credit (HELOC). It provides examples of families eliminating 30-year mortgages in 10-12 years while maintaining their standard of living. The MMA software analyzes users' financial situations and recommends monthly funds transfers and prepayments that reduce interest costs substantially.
Showcase the role of financial management with this content ready Financial Planning PowerPoint Presentation Slides. The ready to use financial management PowerPoint complete deck comprises of templates such as financial management goals, objectives, US financial system, financial instruments, rights issue, debenture, time value for money parameters, valuation of bonds, comparative statement, common size statement, balance sheet , cash flow statement, trend analysis, ratio analysis, cash flow for operating activities and many more. Estimate the requirement and make a forecast of funds needed. Get your audience focus on forex capital analysis, capital budgeting evaluation techniques of projects, capital structure and dividend policy, leverage analysis, cost of capital, working capital analysis, receivable management, inventory management, economic order quality, FIFO and LIFO method, commodity exchange basics and types, commodity exchange structure, financial risk management, types and components, financial risk analysis, capital asset pricing model, etc. Download the corporate finance management PPT slides to prepare financial plans. Leave them gaping with our Financial Planing PowerPoint Presentation Slides. They will be dumbstruck by your abilities.
Bonds included on the inspirational list are selected based on market liquidity. None of the suggested bonds constitute any form of trade recommendation to sell or buy.
Pricing source: Indicative prices from Bloomberg
The document recommends buying shares of Hindalco, an aluminum company trading on Indian stock exchanges. It is recommended to buy now at the current price of 108.90 rupees per share, with an expected upside of 16.6% to a target price of 127 rupees within 90 days. Hindalco's stock performance has lagged the overall market in the last year. The company's most recent financial results show revenues increasing but profits decreasing compared to the previous year. The recommendation is based on a technical analysis of Hindalco's stock price movements.
The Loan Estimate: This form will be provided to consumers within three business days after they submit a loan application. It replaces the early Truth in Lending statement and the Good Faith Estimate, and provides a summary of the key loan terms and estimated loan and closing costs. Consumers can use this new form to compare the costs and features of different loans.
The document contains financial reports for Gemstar Productions including a balance sheet, profit and loss statement, cash flow statement, and some explanatory notes. The balance sheet shows total assets of $66,486.45 including current assets of $52,533.33 and fixed assets of $13,953.12. Total liabilities are $41,653.33 and equity is $24,833.12. The profit and loss statement compares actual revenues and expenses to budget for March, showing a net income of $4,833.12. The cash flow statement shows operating, financing and net cash activities for the period.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
This document provides a mortgage calculator that allows a user to input a purchase price, down payment, and loan adjustments to calculate the mortgage amount, interest rate over a set number of years, principal and interest payment, and amortization schedule showing the breakdown of principal and interest over the life of the loan. An example is provided showing the calculations for a $500,000 purchase price with a $20,000 down payment and $3,000 loan adjustments resulting in a $483,000 mortgage amount at 5% interest over 20 years.
This document contains economic statistics and financial indicators for South Korea from 2012 to the first quarter of 2016. Some key points:
- GDP growth rates ranged from 2.3% to 3.3% during this period according to various forecasts.
- Household debt as a percentage of disposable income was high but declined from over 62% to 60.4%.
- Total assets of the banking sector grew significantly from KRW211.5 trillion to KRW345 trillion over this period.
- The number of credit cardholders and amount of credit card spending also increased markedly between 2012 and 2016.
The Quantification of Loan RestructuringJohn Kelly
This document provides an introduction to quantification tools for loan restructuring. It discusses topics such as the CAMPARI framework for credit analysis, the 5 Cs and 5 variables used to analyze loans, and how compounding interest, risk, and term extensions impact the total cost of credit. Quantitative examples are provided to illustrate concepts like how increasing the loan term reduces monthly payments but increases the total interest paid over the life of the loan.
The letter introduces the Walt Disney Company's annual report for 2013-2014. It thanks the reader for considering Disney as an investment and highlights Disney's dual priorities of creating magic and sharing it. The letter notes the report provides all necessary information about Disney's performance that year. It explains the author chose to invest in Disney for capital appreciation, as Disney's stock has a history of steady growth and the company recently acquired Lucas Arts and Marvel, bolstering future success based on the annual report analysis. The letter closes by thanking the reader again and inviting any questions.
This document provides a guide for the UOP QRB 501 Final Exam with 30 multiple choice questions covering topics such as simple and compound interest, percentages, discounts, markups, and financial calculations. It includes the questions, possible answer choices, and the solutions to each question. The guide aims to help students prepare for and pass the QRB 501 Final Exam.
Maiyo, J.K.-The Political Ecology of Chinese Investment in Uganda- the Case o...Josh Maiyo
- The document discusses a case study of Hanhe Farm, the first and only private Chinese agricultural investment in Uganda.
- Hanhe Farm covers 400 acres in Nakaseke District of Uganda and is owned by a Chinese businessman. The farm has faced conflicts with local communities over land acquisition and environmental impacts.
- While Chinese agricultural investment in Uganda is generally low, Hanhe Farm demonstrates the complex political connections that facilitate foreign access to land and the potential socio-ecological impacts of land use changes.
The document discusses choosing Townsquare Media to distribute a new magazine called "RE-LEASED". Townsquare has experience distributing magazines, including recently acquiring XXL, one of the largest hip-hop magazines. As hip-hop fans often buy multiple related magazines, distributing "RE-LEASED" through Townsquare could increase sales of both it and XXL. While Bauer Media Group also distributes magazines, it does not have experience with hip-hop titles, so Townsquare is the better choice to help the new magazine gain exposure and succeed in the competitive magazine market. The magazine will be sold in supermarkets, online retailers, and WHSmith stores in airports to target its 15-24 year old audience.
This document provides information on various graphic design tools and techniques from John Golden Computer Graphics. It discusses tools for shapes, text, paths, effects, and more. It then shows the process of creating an organizational logo, including brainstorming name combinations, sketching concepts, and refining the design through multiple versions to a final logo with color and typography applied to a t-shirt design.
The project - stairs in a private house in Budapest, Hungary. For the manufacture of marble staircase, Onyx Miel has been used. The entire staircase is made in the difficult technique bookmatch. Considering features of this stone, with perfectly complemented artificial lighting, there has been a spectacular and majestic results on all five floors of the house.
Este documento trata sobre el agua y el pH. Explica la importancia del agua para los seres vivos, sus propiedades como la capacidad de formar puentes de hidrógeno, y su función como principal disolvente biológico. También describe la disociación del agua en iones hidronio y la definición de ácidos, bases y pH en términos de la concentración de iones hidronio. Finalmente, resume las diversas funciones del agua en el cuerpo.
Thriller trailers aim to keep audiences on the edge of their seats through suspense and anticipation of danger. They often feature guns, cars, and low-key lighting to set a dark, mysterious atmosphere. Teen thriller subgenres include action, crime, psychological, science fiction, and religious thrillers that incorporate themes of drama, mystery, and the mind. Trailers use techniques like close-ups, dramatic music, and low-key back lighting to convey a character's emotions and build suspense.
Groove pancreatitis is a rare form of chronic pancreatitis affecting the space between the pancreatic head, duodenum, and common bile duct. It is difficult to diagnose based on imaging alone, as it can appear similar to pancreatic or duodenal cancers. On CT and MRI, it appears as sheet-like soft tissue in the groove that enhances over time, reflecting fibrosis. Treatment involves managing symptoms, though surgery is often pursued due to inability to exclude cancer. Distinguishing features include sparing of other pancreatic tissue and thickened duodenal wall.
The document discusses the UK's Heritage White Paper from 2007 which proposed revisions to the country's heritage protection legislation. It aims to create a unified system for designating, managing and maintaining heritage sites and objects. The current system uses separate processes that the White Paper wants to consolidate. Key points of the new system include a single process for national designation, clearer selection criteria, and more public involvement. However, the document also analyzes some problems and limitations with the White Paper, such as how heritage is defined and its focus on procedural changes rather than addressing social issues.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like depression and anxiety.
Patrick Asiedu has over 20 years of experience in structural engineering and project management. He holds an MSc in Structural Engineering and an MBA. His experience includes designing and assessing bridges, rail infrastructure, buildings, tunnels and other structures. Currently he is a Principal Engineer at Balfour Beatty Rail where he manages projects and teams of engineers. Some of his past projects include bridge assessments, station upgrades and infrastructure works for various rail clients.
OroCRM is the new Open Source CRM founded by previous Magento Co-Founder and employees. This CRM integrates itself really good with Magento without lots of work.
The document provides an overview of imports and exports procedures in the UAE. It discusses the UAE's historic trading culture dating back centuries, when Arab merchants conducted trade along the Silk Road. It outlines the country's strategic geographic location and world-class infrastructure that have established it as a global logistics hub. The document also details the typical processes for importing and exporting goods by sea and land, including required documentation, customs clearance, and transportation and delivery of goods.
V. L. Kanthachari Pusapati has nearly 20 years of experience in the pharmaceutical industry. He is currently the General Manager of Validation at Sun Pharma Industries, where he leads validation activities across all of Sun Pharma's manufacturing sites globally. Previously, he held roles such as Director of Quality Assurance Validation at Gland Pharma and Hospira Healthcare. He has extensive expertise in validation processes, computer system validation, and ensuring compliance with Good Manufacturing Practices and regulatory requirements.
Declan Barry is a highly experienced sales professional with over 30 years of experience in retail sales management roles across Ireland. He has worked up to Group Sales Director level, managing teams of up to 70 people. Currently seeking a new opportunity, his background includes increasing sales turnover from €40m to €70m as Sales Director for Robert Roberts Limited from 2000 to 2015. He has a proven track record of successful brand launches, restructurings, and customer relationship management.
The document discusses a mortgage acceleration program called the Net Worth Account that aims to help homeowners pay off their mortgages faster and save on interest. It works by using a home equity line of credit or similar account to make extra principal payments on the mortgage. On average, homeowners who use the program can save over $45,000 in interest and pay off their 30-year mortgage in under 11 years. The program is administered through a web-based software service that optimizes payments to maximize interest savings over time.
Faith & Finance Week 6: Credit Score and Living debt freebhnyc
The document discusses various topics related to personal finances including:
- Recent events in the stock market and how the credit scoring system works
- Tools for getting out of debt such as paying off collections, the impact of life events on credit scores, and methods for tracking debt repayment progress like snowball and highest interest methods.
What is Depreciation
Depreciation is the amount of money you can “write-off” (claim as expensed or used up) against the value of any assets used in the course of producing assessable income.
In the case of property investors, investors may offset their taxable income against expenditure on plant and equipment used to produce assessable income.
Plant and Equipment includes items such as Ovens, Dishwashers, Carpets Blinds, Lifts, etc. The ATO provides specific guidelines as to how these write-offs are to occur.
Who Can claim the Depreciation?
Depreciation can be claimed by the owner of the Plant and Equipment, the one who is earning income from the use of these items.
The document provides information about personal loans, including what a personal loan is, the sources and process for obtaining a personal loan, the various documents required, terms included in the loan contract such as interest rates and repayment schedules, and factors to consider when taking out a personal loan such as annual percentage rates and credit scores.
The document discusses propensity modeling using logistic regression for various applications such as insurance, banking, and consumer purchases. It describes how propensity models use logistic regression to predict the probability of a binary outcome based on multiple independent variables. The document then provides a specific example of building a propensity model to predict the likelihood of a customer obtaining a new mortgage within 3 months using logistic regression on customer database variables. It evaluates the economic impact of the model by estimating costs, revenues, and 5-year net present value when targeting customer segments identified by the model.
The document describes the Money Merge Account (MMA) system, which has three components: 1) applying additional payments to the principal of your mortgage to reduce interest, 2) using an Advanced Line of Credit (ALOC) that applies payments to principal multiple times per month to reduce interest charges, 3) MMA software and website that creates financial models, tracks spending, and maximizes returns with 10 minutes of monthly updates. The system aims to eliminate interest costs on loans by leveraging the benefits of compound versus simple interest and using income deposits to reduce loan balances before interest accrues.
Everyone can benefit from starting their own private equity bank. All that is needed is the ability to contribute monthly installments or a large lump sum coupled with monthly deposits. You can start your own bank for as little as a few hundred dollars a month. How simple is that?
What can you use your bank for?
Anything! You can purchase real estate, cars, vacations, college tuition, fund retirement, purchase investments, businesses, etc. Whatever your interest or needs are, the money is there for your convenience.
What are the benefits of being your own banker?
Simply put…financial independence.
You will no longer depend on financial institutions to borrow money or grow your wealth. You will never pay interest to a financial institution again. This is on your own terms!
Contact Kagan Financial for more information: 1.800.774.0945
This chapter discusses discounted cash flow valuation and concepts related to future and present value of multiple cash flows. It covers annuities, perpetuities, loan amortization, and effective annual rates. Examples are provided to illustrate computing future and present values of cash flows occurring at different times, as well as growing annuities and perpetuities. Key formulas and the distinctions between annual percentage rates, effective annual rates, and stated interest rates are also explained.
This document contains solutions to various financial management assignment questions. It includes calculations to determine the monthly savings required to accumulate $60,000 over 5 years, NPV calculations at different discount rates, computing future values of investments and superannuation, calculating monthly pension amounts, real vs nominal interest rates, effects of changing cash reserve ratios, risk-return tradeoffs of different investments, imputation credits, monthly/annual returns of stocks, standard deviation and beta calculations using CAPM model, and constructing a portfolio with expected return. Formulas and step-by-step workings are provided for all calculations.
The document summarizes interviews conducted for off-campus research about financial products and concepts. Respondents discussed their experiences with interest, loans, insurance, and credit cards. They provided details on requirements, benefits, and sample computations for loans, insurance premiums, and credit card interest calculations. The document also explains concepts like annuities and how they apply to the company's services.
- Discover Financial Services reported their 3Q17 financial results, with key highlights including net income of $602 million, 10% revenue growth year-over-year driven by higher net interest income, and continued loan growth across all primary lending products.
- Net interest margin was up 29 basis points year-over-year to 10.28% due to increased loan yields, and return on equity remained strong at 22%.
- Credit performance trends showed a total net charge-off rate of 2.63%, up 61 basis points from the previous year, influenced by credit normalization and loan seasoning.
In Accounts Payable and Procurement departments, generating millions in early payment discounts is possible--but it isn't easy.
PayStream's 2014 AP & Working Capital report uncovered the latest research from large corporations who have already implemented eInvoicing and Dynamic Discounting, or are interested in implementing in the next 6 months. In this webinar, you'll learn the top metrics on:
1. Why companies are missing discount opportunities
2. Top concerns with dynamic discounting
3. Companies' main benefits of ePayments
Accelerated debt reduction plans involve making extra principal payments, paying the highest interest rate debts first, or refinancing loans at lower interest rates. Formal debt reduction programs may charge high fees, so it is best to make extra payments yourself to save the most money. Refinancing can increase total interest costs if not done carefully to reduce payments and the loan term. Beware of prepayment penalties, high fees, and variable interest rates when refinancing loans.
NO CREDIT CHECK FINANCING FOR CELL PHONE DEALERSNathan Wright
OFFER YOUR CUSTOMERS NO CREDIT CHECK FINANCING ON CELL PHONES. NO RISK. YOUR FUNDED IN 48 HOURS. CUSTOMERS CAN TAKE MERCHANDISE UPON APPROVAL. YOUR FUNDS ARE 100% GUARANTEED! NO LIABILITY! NO CHARGEBACKS! OFFER FINANCING ON CELL PHONES, TABLETS, LAPTOPS, & MORE! 90 DAYS SAME AS CASH OPTIONS!
http://www.expresssolutions.biz
Keep Your Home and Avoid Foreclosure or Short Salerandyvillaverde
The Guardian Group Funds works with homeowners that have negative equity in their home. Regardless if you owe more than your home is worth, if you are in foreclosure or bankruptcy, we can help. Please take a moment and view the PowerPoint to see an overview of our program.
This document provides information on credit basics and debt repayment strategies. It discusses danger signs of debt, credit reports and scores, loan terminology and costs, credit card fees and traps, and strategies for reducing debt such as increasing income, reducing expenses, utilizing debt management plans, and improving credit habits over time. The key takeaways are how to avoid costly credit mistakes, understand credit reports and scores, and develop a debt repayment plan.
3. Case Debrief
• Barramundi Cycling Company
– Location: Berkeley, CA
– CEO: Adam Munguia
• Conditions
– Ensure 25% profit margin
– Provide Inventory for 10 Northern California stores
– 50% of payment due now
– Remaining 50% of payment due 60 days after delivery (October 1st)
• Service needed
– Foreign Exchange Advice between AUD/USD
– Hedge the risk for import payments
3
7. Comparison
Factors Indirect Guarantee Direct Guarantee
Costs &
Fees
• More expensive
• Fees would be charged
by BOW to client, taxes
• Less expensive
• No fees, no cost charged
to client from BOW
Importer’s
Risk
• More protection due to
guarantee received from
U.S. bank for the importer
• Risk is situational,
depends on stability of
foreign bank
8. Direct Guarantees
8
• Applicable to first 50% payment
• Ensures the buyer receives a refund if supplier fails to
deliver goods (bikes) to buyer
Advance
Payment
Guarantee
• Applicable to remaining 50% payment
• Ensures buyer receives a refund if the delivered goods do
not meet certain performance expectations
• Valid until 6 months after delivery date
• Recourse on faulty product or incorrect shipped inventory
Performance
Guarantee
10. Currency Hedging
10
Why Currency Hedging is important
• Increase certainty when determining returns of investment by mitigating the risk from
fluctuating rate changes
How It Works
• Forward Contract
• Allows purchaser to lock in an exchange rate to buy currency at future exercise date
• Most cost efficient and conservative way to hedge
• Simple and straightforward
• Low transaction cost
Recommendations
• Forward Contract
• Paying with AUD to maximize cost efficiency
12. Revolver
• A revolver is a line of credit that allows customer to use funds when needed.
Balance is carried from month to month.
• Example: Spend $1000, repay $300 and carry over to the next month a
balance of $700 plus interest. Next month spend $1000, repay $400, carry
over to the next month a balance of $1,300 plus interest.
• Bank of the West Revolver Product:
– Available up to $20,000,000
– Interest: 2% rate annually continuous compounded
12
13. 13
June 2nd
July
August
September
1st
October
3th
November
1st
December
1st
Note:
• The rate has taken into account the bank fee
• Details see the appendix
Pay required 50% of total
payment with the spot
rate of 0.723 on 6/2/2016
Pay remaining 50% of
total payment
Payment Scheme Option 1
Exercise date 09/01/2016 10/03/2016 11/01/2016 12/01/2016
Forward Period 3M 4M 5M 6M
Forward Rate 0.718732 0.720089 0.719442 0.718814
14. 14
Note:
• The rate has taken into account the bank fee
• Details see the appendix
Pay required 50% of total
payment with the spot
rate of 0.723 on 6/2/2016
Pay 12.5% of total
payment
Pay remaining 37.5%
of total payment
Payment Scheme Option 2
Exercise date 09/01/2016 10/03/2016 11/01/2016 12/01/2016
Forward Period 3M 4M 5M 6M
Forward Rate 0.718732 0.720089 0.719442 0.718814
15. Total Cost
15
• Option 1 offers total cost of $12,133,131;
• Option 2 offers total cost of $12,133,302, with a difference of $172
Exercise date 09/01/2016 10/03/2016 11/01/2016 12/01/2016
Forward Period 3M 4M 5M 6M
Forward Rate 0.718732 0.720089 0.719442 0.718814
Inputs Date Market rate Bank Fee Actual Payment Rate
USD/AUD 06/02/2016 0.723 35 bps 0.7265
Date Amount Total Cost
Option 1 06/02/2016 USD 6,084,437.50
12/01/2016 USD 6,048,693 12,133,131$
Option 2 06/02/2016 USD 6,084,437.50
09/01/2016 USD 1,512,345
12/01/2016 USD 4,536,520 12,133,302$
Difference 172$
16. Why Payments on a Later Date Saves More Money
16
AUDUSD Historical Correlation with
1) U.S. economy presented by S&P 500 Index, U.S. Unemployment rate
2) Other major currencies (EURUSD)
US Unemployment
S&P 500
AUDUSD Moving Weighted Average
EURO Currency Trust
AUDUSD Historical Monthly Closed Rates (As of June 2nd, 2016)
18. Recommendation
• Use Forward Contract
• Taking into account all risk factors and their potential impact on your business, we
recommend Payment Scheme Option 1 because it minimizes client’s credit and total
payment exposures, especially when client hasn’t generated sales
• Direct Guarantees:
– Advanced Payment Guarantee
– Performance Guarantee
18
Pay required 50% of total
payment with spot rate of 0.723
on 6/2/2016
Pay remaining 50% of
total payment at the
rate of 0.718814
Exercise date 09/01/2016 10/03/2016 11/01/2016 12/01/2016
Forward Period 3M 4M 5M 6M
Forward Rate 0.718732 0.720089 0.719442 0.718814
19. Pricing
• Target: 25% Profit Margin
• Cost per bike unit takes into account the best payment scheme (Option 1)
– With a total payment of USD12,133,131
• The gross profit margin aligns with the average margin sales on bikes among U.S. bike
dealers from the National Bicycle Dealers Association (NBDA)
• Total cost includes operating costs, depreciation and amortization and tax (10% of
taxable income)
• Estimated profit margin for each type of bicycle roughly exceeds the 25% target
19
per unit R100 R200 R500 R1000
Revenues/ sales price 949.00$ 1,549.00$ 2,749.00$ 9,049.00$
COGS/ Cost per unit 542$ 903$ 1,625$ 5,417$
Gross Profits 407.33$ 646.21$ 1,123.98$ 3,632.26$
Gross Profits Margin 43% 42% 41% 40%
Total Cost (Inc. Tax) 140.42$ 210.55$ 350.82$ 1,087.23$
Profit 266.91$ 435.66$ 773.16$ 2,545.03$
Profit Margin 28% 28% 28% 28%
20. Resources/References Used
20
Online Sources
Investopedia http://www.investopedia.com/terms/c/currencyforward.asp
XE http://www.xe.com/currency/aud-australian-dollar
Dailyfx https://www.dailyfx.com/aud-usd
Yelp https://www.yelp.com
City of Berkeley http://berkeley.cityapplications.com
National Bicycle Dealers Association http://nbda.com/
External Sources
Adam Munguia
Aditya Prakash
Andres Bergero
Ian Broff (SF office)
Ritwik Roy