In this task, I will be describing how political, legal and social factors are impacting upon the selected business activities. The two businesses which I have chosen are, Oxfam and also Tesco. Political factors for Tesco Taxation Large business such as Tesco is largely affected by the government taxes, such as income taxes and business rates. Tesco is a large business which means that a lot of corporation tax taken away from their profits. Corporation Tax is a tax on the taxable profits of limited companies and other organisations.
Business Research Ethics Paper Chili Cruz RES 351 July 28, 2014 Professor Business Research Ethics The company I chose to write about is Citigroup Inc. Citigroup Inc, is a company, which focuses on investing and providing financial advice to consumers, as well as the financial corporate world. For the most part the services they provide can be identified as having three main types of business focuses. One of the business divisions is Global Consumer, the other is directed into the Corporate and Investment Banking, third and last is Global Wealth Management services. Moreover, Citigroup has prided themselves with a 200 year-old legacy of being successful in leading in the financial world. Additionally, Citigroup has successfully branched out into owning other branches.
Financial Performance Evaluation Introduction Financial Performance evaluation is a very important analysis used for CFO and business managers to identify which aspect of the company are working effectively and which could be improved. The financial performance evaluation is a process that requires the use of different financial ratios to determine results. The most widely financial ratios used when evaluating corporate performance are profitability, asset utilization, liquidity ratios, and capitalization. Profits ratios are the most important and the one of CFO and business manager pay more attention. Profit ratios are used to determine the overall efficiency of the firm in generating returns for its shareholders.
Week 1 homework Finance 515 Keller School of Management September 7, 2014 1. What is the most important difference between a corporation and all other organizational forms? A corporation operates as a legal entity distinct from its owners 2. What does the phrase limited liability mean in a corporate context? .Owners of the corporation are called shareholders, and shareholders only risk the investment they made in the business, which is the price of their shares of stock.
Corporations rely on the functions of law to protect their business dealings while managing business connections. Legal counsel, arbitrary agreements, order, safety, establishing good rapport with consumers, vendors, etc. are a few functions of business law (ehow.com, 2015). Like you or I, businesses have to pay taxes on income they earn, and tax law determines how businesses pay taxes. Business owners can choose from one of several business options that the Internal Revenue Service’s offer in regards to tax (nbea.org, 2007).
What should a business consider before electing to change its tax status? DQ 3 Do the following decisions have the same precedential value: (1) Tax Court regular decisions, (2) Tax Court memo decisions (3) decisions under the small cases procedure of the Tax Court? Why? Week 2 Individual Week Two Problem Set Complete the problems found in Ch. 2 of Prentice Hall’s Federal Taxation 2010: Corporations.
13.7 What are the major uses of funds for a bank? What are the differences between large and small banks? Explain the difference. Once raised, the funds are used for issuing loans which are contracts between a borrower and the bank and represent an ongoing relationship between the bank and the customer or purchasing investments. And, the differences between large and small banks are that large banks focus on commercial and industrial loans otherwise, small banks focus on real estate loans.
Then it will show the calculations that will show the gains that Mason Machining, Inc. will get from this transaction. Next, will be an explanation of how Mason will recognize the gains. Next, the tax liability that will be incurred by Mason Machining, Inc. from this transaction will be explained. The next process will be to calculate the amount of gain the shareholder’s from Mason Machining, Inc. will be able to realize and recognize from the transfer of stocks and assets between the two corporations. The next process will be to explain how much tax liability the shareholder’s will incur from the transfer of stocks between the corporations.
(0.5 points) Franchising is a way of turning a company into a parent company with smaller retail outlets owned by independent operators. 5. What can happen to a business owner who has personal liability for their company? (0.5 points) A business owner who has personal liability for a company can be held personally accountable for the financial debts and illegal actions of the company. 6.
Two main groups of users of financial information are internal and external users. Internal users are individuals who help operate the business within an organization such as managers, employees, supervisors, directors, etc. Upper management frequently makes planning and controlling decisions based on the financial information gathered. External users are those individuals and institutions that want financial information about specific organizations. For example, external users such as investors, creditors, and bankers receive this financial information by reading the reports and determine if a specific company is worth investing