Friday, February 28, 2020

Answer some question Research Paper Example | Topics and Well Written Essays - 250 words

Answer some question - Research Paper Example The annual reports provide a detailed account of the operations of the corporations and disclosure of corporation’s financial position (Sherman 64). Basically, the annual reports contain income statement, balance sheet, cash flow statements and statements of shareholders equity. Financial ratio analysis guides the equity investors in assessing the performance of their investments. It helps them to compare the performance of their companies over time and across the industry. In regard to the short term creditors, financial ratio analysis enables the creditors assess the potential of the company to meet its short term credits obligations (Sherman 82). On the other hand, financial ratio analysis will enable long term creditors to assess the company’s ability to repay the borrowed loans and loan interest within the stipulated time. When making an investment by depositing money in the bank that pays compound interests, it is better to choose an option that results to frequent compounding. Therefore, the best option in this case is the one that pays compound interests on a daily basis (Sherman 109). This is because compounding the interests daily results to additional capital from the interest earned for the next

Wednesday, February 12, 2020

The Relevance of EDI for e-Business today A critical Evaluation Essay

The Relevance of EDI for e-Business today A critical Evaluation - Essay Example When organizations implement EDI in payment of employees, especially in companies and banks, this institution uses the term FEDI (Financial Electronic Data Interchange) (Schneider 2013, p. 138). For business managers, with the current use of extranets, intranets, digital currency, and electronic catalogues, they should acknowledge EDI’s relevance for e-business today. However, implementation of EDI in business organization not only brings positive impacts, but it also has some negative impacts, which can cause negative effects to users who are using recent versions of documents instead of a business partner (McGrath 2010, p. 76). The aim of this report is to enlighten business owners the relevance of EDI in e-business today. EDI is the electronic communications or exchange of business transactions between business organizations. It entails computer-to-computer communications directly to order systems and vendor databases. In the year 1996, the NIST defined EDI as a computer-to-computer transaction of severely formatted information representing documents rather than financial instruments. It means exchange of a series of messages between two or more parties, whereby one serves as a sender and the one a receiver (Zainol 2009, p. 256). The originator transmits the formatted data that represent a document to the receiver through physical transportation on electronic media storage such as CDs or USB Flash disks or via telecommunication (Zekos 2008, p. 67). Despite the relative advantages of EDI, most business organizations still have challenges in implementing EDIs in their operations. However, the entire process of implementing EDI is complex and this is the reason why there is still a large group of organizations that uses the traditional mode of transmitting transactions (Zainol 2009, p. 259). In addition, the process of