own company name. AccessLine also developed partnerships with equipment manufacturers such as Stratus Computer and Motorola‚ also providing them with a franchise in exchange for funding. However AccessLine’s growth prompted the need for larger investments. Thus‚ in 1994‚ AccessLine diversified their financing to professional equity investors. Providing funding worth $15.5 million‚ AccessLine’s CFO Bill Stuart‚ and Morgan Stanley’s Bill Brady executed the transaction‚ involving the private placement
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Project Free Cash Flows (dollars in thousands) Project number: 1 2 3 4 5 6 7 8 Initial investment (2‚000) (2‚000) (2‚000) (2‚000) (2‚000) (2‚000) (2‚000) (2‚000) Year 1 $ 330 $ 1‚666 $ 160 $ 280 $ 2‚200 $ 1‚200 $ (350) 2 330 334 200 280 900 (60) 3 330 165 350 280 300 60 4
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Core Banking System Meaning:- Core banking is a general term used to describe the services provided by a group of networked bank branches. Bank customers may access their funds and other simple transactions from any of the member branch offices. Core Banking system or CBS is one of the recent developments in the field of banking‚ and has proved to be very useful. It is a facility provided by banks in which a person‚ having an account in one branch‚ can operate his account‚ in another
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Executive Summary Mobile Banking (Vishavjit Singh & gurjeet singh brar) Mobile devices have increasingly become tools that consumers use for banking‚ payments‚ budgeting‚ and shopping. The use of mobile phones in order to effectuate banking transactions is bound to increase in a significant way in the near future. This growth in mobile financial services not only depends on technological advances‚ but also on consumer confidence in the provided services. Almost every person has a cell
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The term fraud is defined in different ways by different authors. Boniface (1991) defined fraud as any premeditated act of criminal deceit‚ trickery or falsification by a person or group or persons with the intention of altering facts in order to obtain in due personal monetary advantage. It usually involves the perpetration of some forgery or falsification of documents or illegal authorisation of signature. The certified fraud examines in Adeyemo (2012) defines fraud as illegal acts characterized
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The advantages and disadvantages of investment in gold: Like investment in any other precious metal‚ investment in gold also has many advantages as compare with other kind of investing such as bond and stock. • It may not be the most obvious choice for a new investor‚ but it always is the safest choice. When choosing an investment‚ there are many factors to consider and every investor has to make sure that the investment he chooses is suitable for his budget and also for his financial goal
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TO: Deb Sammy FROM: Surya Narayanan Thangam‚ Investment Specialist DATE: September 14‚ 2013 SUBJECT: Investments in Italian Automobile Industry As per your request‚ I have focused my research on the Automobile industry in Italy for a long-term plan. For automobile‚ Europe and South America are on the same boat with 34% growth each (“Pirelli Sales By Region”‚ 2013). Even though the Italian economy is in bad shape right now‚ it will have a slow drag in 2013 and its expected to rise back in 2014
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REPORT) Saving-Investment Equilibrium Y = C + I Y – C = I S = I Saving is an outflow which gradually reduces the additional income that it generates. Therefore the circular flow model tells us that outflows like savings‚ taxes‚ and import expenditures must go back in the system in the form of investment‚ government expenditures‚ and export earnings. The saving-investment equilibrium further implies that increasing‚ decreasing or maintaining the level of investment expenditure will
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ICT in Banking Banking Facilities have been Improved due to ICT. People can now pay for goods using not only cash but plastic cards‚ cheques and direct debit cards. Smart cards can also be used to pay for goods over the internet. A person can now bank from home using the telephone or internet or even through their mobile phones. A person also no longer needs to go to the bank to take out money. Cash machines mean that people can take out money without having to visit the bank
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Creation‚ 4/e IV. Capital Budgeting and Resource Allocation 17. The Investment Detective © The McGraw−Hill Companies‚ 2003 CASE 17 The Investment Detective The essence of capital budgeting and resource allocation is a search for good investments in which to place the firm’s capital. The process can be simple when viewed in purely mechanical terms‚ but a number of subtle issues can obscure the best investment choices. The capital-budgeting analyst is necessarily‚ therefore‚ a detective
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