Abstract
This paper examines the financial condition and performance of the Boeing Company, a publicly held company for the year 2001. Annual reports filed by Boeing in accordance with the General Accepted Accounting Principles and Securities and Exchange Commission regulations serve as primary data sources. Industry average financial ratios, outlook, and data are used to gauge Boeing's financial status. Recommendations are presented based upon analysis, generally accepted management practice and research.

From the Paper
"The terrorist attacks on the World Trade Center caused a major negative economic effect throughout the United States and the world. Airlines were severely impacted do to a sudden and huge drop in passengers (Siegel, M., p. 551). Air travel has still not fully recovered from this catastrophic event. The resultant drop in commercial jet orders has hurt Boeing (Friedman, p 13). In the third quarter of 2001, Boeing experienced a 46% decrease in orders compared to 2000 (Friedman, p. 19). The commercial aircraft segment accounted for about 60% of Boeings revenues before September 11 (Standard & Poor s, 2002, p. 2). Deliveries for aircraft are expected to be 380 for 2002 vs.527 in 2001 (Siegel, M., p. 551). As reported in the 2001 Consolidated Statement of Operations, Boeing recorded a $935 million charge for special charges due to events of September 11, 2001 (Boeing, p. 35). "

Tags:accounting, aerospace, aircraft, analysis, boeing, defense, financial, finanical, ratio

Abstract
This paper describes the history of the Enron Corp. and what led to its bankruptcy which the author sees as a product of management's greed, shady, yet legal accounting practices and a web of influence created through large campaign donations.

From the Paper
"Enron created various types of contracts that protected both the buyers and sellers in case of price fluctuation over the length of the contracts. This new marketplace allowed energy users to predict and stabilize costs far into the future. This strategy created by Enron was based on the belief that it could be a big energy player without owning all of the power plants, ships and pipelines that most companies owned. Instead they would use contracts to control facilities in which other had invested. By 2001, Enron had evolved into a market maker for some 1,800 different products, many of them energy- or Internet-related contracts or derivatives the company had created itself.[i]"

Tags:accounting, andersen, arthur, audit, companies, collapse, contract, energy, Chewco, independence, bankruptcy, investor, investigation, Watkins, Kenneth, Lay, pension, benefits, Fastow, market, partnership

Abstract
This paper is on "comparing and contrasting managerial and financial accounting". It also explains the differences in rules and regulations, management information and reporting requirements, and CMA and CPA licenses.

Abstract
This paper outlines a Wall Street Journal (WSJ) article about WorldCom's restatement of $7.2 billion in expenses and subsequent financial collapse. The basis of why the editors of the WSJ considered the story leading financial news is explored. Issues related to the study of finance include capital markets and institutions, investments, and financial management. Of particular interest are the financial management issues of accountability, financial statement accuracy, ethics, fraud and corporate responsibility.

From the Paper
"The financial collapse of WorldCom occurs in the wake of the recent Enron financial scandal. The Wall Street Journal editors correctly categorize the WorldCom story as leading the news (Sandberg & Pulliam, 2002, A3). Attesting to the newsworthiness of the WorldCom story is the fact that this event is being covered in all major news outlets: print, radio, television, and on the web."

Tags:annual, corporate, enron, ethics, finance, financial, financials, fraud, management, report, responsitility, risk, worldcom

Abstract
This paper focuses on two large retailers in the area of retail home improvements, Lowes and Home Depot, and compares and contrasts their financial ratios in a five-year trend table along with the most recent industry averages. The information presented in this report can be used to help determine the over-all financial status of these two companies.

Financial Ratios Used
Home Depot
Lowes
Efficiency Ratio Analysis
Liquidity Ratio Analysis
Leverage Analysis
Profitability Analysis

From the Paper
"The inventory turnover ratio shows how many times per year a business can turn-over its inventory. In other words, this number represents how many times the business sells out of its inventory in a given year. This ratio is calculated by taking the cost of goods sold and dividing it by the average amount of inventory the business carries. Notice that these ratios are determined by the cost of goods sold because the inventory figures are carried on the boots at cost, not the price the merchandise will eventually sell for (Brealey, pg. 142). When comparing Lowe's and Home Depot to the industry average, we see that both companies' ratios were 5.0 for the year 2003 and the industry average was 4.8. This means that for the year 2003, both Lowe's and Home Depot were able to turn over their inventory a bit faster than the industry as a whole. "

Tags:capacity, debts, due, profit, do-it-yourself, warehouse, home, improvement, assets

Abstract
This paper evaluates the financial position of Wendy's International Corporation, a fast food restaurant, by comparing it to the financial position of McDonald's Corporation. This author reports that Wendy's income performance, while strong, is substantially inferior to that of McDonald's; and, in this area more than any other, Wendy's needs to improve if the corporation is to narrow the gap. This paper states that McDonald's has a substantially higher inventory turnover and holds less than half as many days in sales than does Wendy's.

Table of Contents
Executive Summary
Financial Position
Income Performance
Short-Term Liquidity
Long-Term Solvency
Asset Management
Profitability
Market Value

List of Appendices
Common-Size Balance Sheets McDonald's Corporation
Common-Size Balance Sheets Wendy's International
Combined Common-Size & Base-Year Balance Sheets McDonald's Corporation
Combined Common-Size & Base-Year Balance Sheets Wendy's International
Common-Size Balance Sheet Wendy's International With Baseline Comparison
Common-Size Income Statements McDonald's
Common-Size Income Statements Wendy's
Combined Common-Size & Base-Year Income Statements McDonald's
Combined Common-Size & Base-Year Income Statements Wendy's
Common-Size Income Statement Wendy's With Baseline Comparison
Short-Term Liquidity Ratios Wendy's With Baseline Comparison
Long-Term Solvency Ratios Wendy's With Baseline Comparison
Asset Management Ratios Wendy's With Baseline Comparison
Profitability Ratios Wendy's With Baseline Comparison
Market Value Ratios Wendy's With Baseline Comparison
Du Point Analysis Wendy's 1998

From the Paper
"With respect to short-term liquidity, Wendy's compares well in relation to McDonald's (refer to Appendix B-1). The reason for the Wendy's advantage lies in the corporation's decision to keep such a high proportion of assets in a current status. This strategy is not conducive to the most productive use of the corporation's assets.

"In relation to debt ratios, Wendy's is superior to McDonald's (refer to Appendix B-2). In this area, Wendy's also is superior to McDonald's in relation to interest coverage, as the corporation uses borrowing very little in comparison to McDonald's."

Tags:performance, income, turnover, comparison, liquidity, assets

Abstract
This report analyzes ten different disaster relief project categories and identifies the major funding sources and agencies, the key elements within their respective project proposal formats and the major differing elements within the proposals, and thus the requirements for the different categories.
Table of Contents

Introduction

Identification of Major Funding Sources and Agencies

Key Elements of Project Proposals

Differences in Rquirements Contained in Project Proposals

Bibliography

From the Paper
"Multilateral Aid Sources are those organisations that are a combination of government co-operation and financing, such as the United Nations, or the European Union. These organisations will then in turn identify the priority cases for funding in accordance with their set criteria. Multilateral sources gain their money from a multitude of bilateral sources, and also fund projects directly, on occasions"

Tags:agencies, funding, ngo, project, sources, lDFID, loan, voluntary, income, grants, receivable, gifts, USAID, office, foreign, disasponsorship, credit, aid, bilateral, multi-lateral, proposals, application, emergency, health, psychological, support, education

Abstract
In this article, the writer analyses the attitudes of the public towards Islamic mortgages. Before analysing their attitudes the writer obtained literature from various scholars as well as bank information in order to understand views towards Islamic banking in general. The writer points out that the scholars as expected disagreed with the current conventional banking methods due to the use of interest while the conventional banks simply promoted their ability to offer products of which was approved by a Shariah board. The writer also discusses the results of a survey conducted regarding Islamic mortgages. The writer concludes that if banks were to offer the same product with a different name this could have an appeal to a wider market. This paper includes questionnaires and colour charts.

Table of Contents:
Introduction
Literature Review
Research Methodology
Ethical Issues
Evaluation of Methodology
Key Research Findings
Areas for Future Research
Bibliography
Appendix 1, 2 and 3

From the Paper
"Having compiled the feedback from the respondents it became obvious that the majority of the mortgage owners held conventional mortgages. Although the questionnaire was dominated by Muslim participates only six individuals held Islamic mortgages or were willing to obtain one. The general consensus was that many participants felt that the Islamic mortgage was unethical and expensive. The larger group of participants responded to it being unethical and therefore led me to believe that from my sample audience, the majority of the Muslim audience felt that this was not in accordance to their faith and the rules of the Shariah law. The fact that it was also seen as being expensive also makes it appear that the Muslims participates also believed that the extra cost of having the Islamic mortgage was too expensive for them even though they may have believed in it."

Tags:Shariah, Muslim, cost, banking

Abstract
This paper examines activity based costing (ABC) which is an effective business management tool that will enhance and support a total quality management (TQM) environment. ABC analysis provides the information necessary to make business decisions such as determining if investments in efficiency initiatives, such as just in time (JIT), are warranted. When implementing ABC, management should use proven project management methodology to minimize the risk of failure. ABC is an effective total quality management tool, and supports just-in-time manufacturing methods in several companies as detailed in the paper.

From the Paper
"After developing ABC in the 1980's, Robin Cooper and Robert S. Kaplan have written extensively about its benefits (Shih-Jen & Holinda, p. 46). ABC is defined as a "costing system that identifies the various activities performed in a firm and uses multiple cost drivers, to assign overhead (or indirect costs) to products" (Siegel and Shim 2000, p. 15). ABC seeks to accumulate and allocate factory overhead costs to products (or services) by using focused drivers, such as, quality inspecting, moving, assembly, and matching (Warren, 2002, p. 328). Proponents of ABC cite many examples where cost accuracy is superior to traditional costing methods that use cost bases such as units produced, labor, or machine hours used (Warren, p. 421). "

Tags:9000, ABC, accounting, activity, based, costing, customer, ISO, JIT, manufacturing, quality, service, TQM

Abstract
This paper provides a financial analysis of the automobile company, Porsche. The paper examines the company's profit and loss account, balance sheet and cash flow statement. The paper also compares Porsche's gross profit margin with its competitors and discusses its problems and opportunities. The paper concludes that in the last fiscal year Porsche has generated earnings above industry average. Several tables are included with the paper.

Tables of Contents:
Terms of Reference
Methods Used
Introduction
Findings
Ratio Analysis
Calculation and Discussion of the Financial Ratios
Comparison of the Ratios with the Industry Average
Problems and opportunities
Inventory and Asset Valuation Methods
Application of Accounting Concepts
Conclusion
Appendix

From the Paper
"North America still remains the largest sales region for the past fiscal year and the most profitable. Domestic market was one of the weakest. Economy in the Eurozone has slowed down given a rise in oil prices and weak internal market demand as well as high unemployment. That has affected the auto industry as a whole and some manufacturers are still recovering from the drop in demand. However, Porsche models have been well received and highly in demand. This can be seen in from increase gross revenues year over year."
"On the new opportunities side Porsche should definitely look into expanding into markets such as China. Given China's strong economic growth, Porsche can greatly benefit from penetrating this market."

Tags:revenue, cost, demand, profit, sales, product