Describe Why the Scholarship Would be of Benefit to You - 275 Words

Describe Why the Scholarship Would be of Benefit to You (Essay Sample) Content: Name:Tutor:Course:Date:PERSONAL ESSAYIntroductionIm Nam Ngo, a student pursuing Bachelor of Science in Computer Engineering at Drexel University. The main objective of this brief essay is to express my enthusiasm and interest on the Harry F. Orlip Endowed Scholarship Award. Despite my exceptional academic performance, my entire education phase in Drexel University has been clouded by overwhelming financial intricacies which have somewhat placed a barrier between my current academic achievements and my ultimate goals of thriving into and maintaining starling excellence in all units and subjects pertaining my course.Having pursued the associate of science, in General Engineering at Green River College and achieved a cumulative GPA of 3.70, the Harry F. Ortlip scholarship award will empower my financial resolves and enable me to focus on study course analysis void of external forces of financial constraints and indirectly influence my performance from its current proximi ty to excellence. That has been, is and will always remain my objective of joining Drexel University.In addition, the Harry F. Ortlip Award will grant me a wide vantage point to advance my Elephant Trunk Project. Since joining Drexel University as a freshman, the Elephant Trunk Project which is partially complete has been my part-time interest. Ive already managed to design series of discs of decreasing size to simulate the strength and precision of an elephant trunk. Ive also taken part in designing of motor to power trunk. My analysis proves that ...

Myres Holdings Essay - 1375 Words

Myres Holdings (Essay Sample) Content: By Myer Holdings LimitedExecutive summaryDifferent companies typically employ different accounting principles and rules in calculating their financial statements. Standardization by contrast appears to imply the imposition of a more rigid and narrow set of rules than harmonization. Therefore, the term alignment seems to allow more flexibility than standardization. In relation to international accounting, two terms that are commonly used are standardization and harmonization. The process of harmonization tends to increase the compatibility of accounting practices by setting bounds to their degree of variation (PRAKASH, 2009). In some perceptions, international investors are seen to be better placed to understand the financial performance and position of local companies. There are very little empirical research that provides evidence of the advantage or disadvantage of uniform accounting rules nationally or internationally. The Australian system took the initia tive to harmonize its standards with those of the IASS with an attempt to create and a legal framework for the operation of its activities. The standardization of the accounting standards will fail to the standardization of accounting practices. The backbone of the research should remain to be the study of the international differences in accounting which tends to improve the harmony that exist between different accounting practices. Powerful local economic and political forces determine how managers, auditors, courts regulators and other parties influence the implementation of rules (PALOMBA, 2002).IntroductionHe primary aim of the research tries to analyze the complications realized when MYER failed to outline clearly the timing of its profit warning last week. The management team was only in a position to view the particular details just a day before it was informed to the market. The point of focus remains on bedtime aspect of the project team. It remains that the communication channel was not prudently outlined in the above strategy so as to ensure that the company could plan effectively putting in place the financial statements and obligations.DiscussionTiming is critical. Diverting the company requires so many factors. The factors include volatility and valuation. Different market environments exist, and they account for different exit routes in the financial markets. To ensure that the study is useful, and to analyze the impact that the market conditions can have, it is important to separate the availability of data into two distinct groups (CHOE DOUKAS, 1998). Each is containing half of the value of date obtained in any particular market. Deciding to diverse can be categorized to involve one decision. Multiple options usually exist, such as the instinct to grab the cash, is not always the best approach. The unwanted business assets can be easily be divested by the company following some three basic principles. The principles that could be employed i ncluded a straight trade sale to another buyer and constituted by the parent company that releases a percentage of investment to the public while retaining ownership (STIGLITZ OCAMPO, 2008). Business sales are normally the simplest form for the analysis of the above principles. It helps in generating cash that the seller can use to invest in the remaining businesses, make an acquisition, pay down debt, or return to shareholders. The marketà ¢Ã¢â€š ¬s reaction to a trade sale often depends on the sellerà ¢Ã¢â€š ¬s intentions for the proceeds. Trade sales are the only exit vehicles. The dealers in the particular case acquire the potential to participate indirectly in the new owner's synergies concerning the new business that has been acquired. Many sellers also choose trade sales in times of high capital market valuation, utilizing the opportunity to quantify seen by others in the assets, especially when it is higher than the current ownerà ¢Ã¢â€š ¬s view. The still emerge to be m ost common types of deals due to a number of reasons that still exist in the wider markets. They remain to be the quickest and simplest form of transaction to complete (MATHIESON SCHINASI, 2000).The Spin-off emerges when the decision put in place is purely meant to refocus the portfolio and targets to exit a line of business in the entire business management. In the return, they are recognized to generate cash but usually produce value.Explain how you think the market had reacted to this situation as per Capital Market ResearchThe marketà ¢Ã¢â€š ¬s reaction to the revenue presented during the financial year was not just. The markets tend to respond negatively in relation to the presented data. The results given by the market will not be of much relevance since the impact of the business on the economic growth will always have a negative impact on the generation of revenue. One of the possible problems is the case is that their attention focuses only on the volatility of export rev enue, and the effects of import costs are mainly neglected (TORRE SCHMUKLER, 2007). However, the fluctuation of the import prices could play a crucial role in predicting the revenue expenditure in the capital market. When a country encounters financial shocks, the likelihood of that country's debt rescheduling or default can be reduced. If a state is unable to reduce its imports when its export revenue plummet, the problem will be greatly increased. Consequently, the effect of import costs, or more precisely the simultaneous effect of import prices and export tax, should be incorporated in the study of volatility effects. In estimating a companyà ¢Ã¢â€š ¬s debt service capacity, a commonly used accounting indicator is debt coverage ratio.Efficient Market Hypothesis (EMH)Although it is a foundation stone of modern finance, the EMH remains one of the most hotly debated topics in the financial community. Most investment professionals academics do not adhere fully to the EMH, at least in its strong or semi-strong form is more. Over the years, the EMH has been argued over and even refuted, but it remains the null hypothesis of any asset pricing model, the theory to beat. Market ...