II. What Are Credit Derivatives?
Derivatives are defined as the exchange or contract which has economic values deriving from the reference assets or index. According to their types, there are overall forward, future, option, and swap. Derivatives are the financial derivatives, which are enabled to trade in the market while consisting of separating the credit risk only to the holder of basic p
income for 2007 was primarily
the result of higher revenue. However, our results for
the year were adversely impacted by a significant
increase in fuel prices and a special non-cash charge of
$104 million to increase our deferred tax asset valuation allowance. The increase in fuel prices in recent years has caused most U.S. domestic carriers to reduce capacity
and increase fares.”
2. the securitization of financial assets
&
the interconnectedness between financial institutions both within and across countries
*Huge deficits of the financial institution
*The credit crunch
*Increasing voltility of stock price, interest rate, exchange rate
in 2009.
2. Balance sheet
Currency in USD. All numbers in thousands
Period Ending Sep 25, 2010 Sep 26, 2009 Sep 27, 2008
Assets
Current Assets
Cash And Cash Equivalents 11,261,000 5,263,000 11,875,000
Short Term Investments 14,359,000 18,201,000 12,615,000
Net Receivables 11,560,000 6,192,000 6,151,000
NIMTAAVG – a weighted average of past quarterly ratios of net income to market value of total assets
TLMTA – the ratio of book value of total liabilities to market value of total assets
EXRETAVG – a weighted average of past monthly log returns relative to the S&P 500 value-weighted return
RSIZE – the log ratio of a firm’s market capitalization to that of the S&P 500 i
allocation of resources. Thereby, it increases consumer welfare through lower prices.
Q3. How do you think European Union regulations affected Toyota’s decision to invest in France?
We think European Union affected Toyota's decision to invest in France though it might be not the most crucial reason.
France is EU member, then it has a big advantage to invest.
First, EU promoted econo
assets that are liquid and readily acceptable in imitational trade.
외화 준비금: 국제 무역에서 유동적이고 즉시 수용이 가능한 자산의 보유
International Worker of the World (IWW) : An international union that organized American steelworkers after World War I. The IWW was viewed as socialistic in the United States and this contributed to its demise.
세계 산업
assets)
R.O.A. (Return on assets) = Net income / total asset
An indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate earnings. Calculated by dividing a company's annual earnings by its total assets, ROA is displayed as a percentage. Sometimes this is referred to as "return on investment".
Measures overall success of the company
ROE is widely used measure of profitability
ROA = Net Income / Avg Total Asset
Can vary substantially and highly depends on the industry
Single most important factor in determining share’s price.
Important factor in determining price to earnings valuation ratios
Shows firm has enough short term assets to cover its immediate liabilities
This also