III. Situation of point mileage in credit card
As using credit cards increases more and more, so does point mileage of credit cards. Here are some charts about that. Total amount of money used by credit card keeps growing since 1990. (There’s an outlier in 2002. There’s a sudden increase of spending because of world cup. But, This Chart generally goes upward.) Similarly, balance of point
Points deposit on S-more card. This card gives high interest rate. And it can transfer points to accounts
It provides discount benefits as well as financial mileage which is deposited in deposits of consumer (double reserving)
-Regardless of customer’s rights and interests, the company voluntarily changed their additional service.
-During recent 4 years, point which expired the term of va
Management challenge in Contracting
Challenges for public agencies
Loss of control
Reliance on contracting may put the government in a vulnerable position where essential services are concerned and lead to some loss of control over the services they purchase.
Excessive costs
Experienced service providers may have an information advantage over the government when new services are contract
information management is growing in community and incidents which is related to leak out the customer information is increasing. Because of the fact, The 11st provide the general public certificate log-in service to prevent from leaking out the personal information. After that, the general public certificate log-in service helps customers log-in the 11st site easily, and it helps them not to con
Both companies are service companies
-> meaningless to use inventory related ratios
ROE 7.32% x retention ratio 100%
=7.32%
ROE 9.8% x retention ratio 80%
=7.84%
Stock price is much Lower than past
years but recovering business performance
=>probable potential to increase
Fully recovered stock price
& worsening performance
=> Very few potential to increase
STX’s outcome in last year is an unusual number due to the effect of the world
financial crisis, so we will use Avg. PER(07-08). It is almost twice higher than the PER
of average. but, as the average market price of other company’s stock is 84816 won,
Thus, market stock price of STX is undervalued.
As the current market stock price is 16,300 won, M/B ratio is 1.48.
Comparing this r
bill, hancoin by mobile or
credit card
NHN
: Highest Liquidity compared with competitors
10th period: 8.9%
- Increase in short-term financial assets, available for sale prepayment
and prepaid expenses
Decrease of accounts receivable turnover in 11th period
- Daum communication showed better turnover
→ Daum is more active in market and get more attention
from affiliate 159 48 1 1 2
gross profit 2 161 219 93 53
As you can see above, loss from affiliate in 2009 increased a lot compare to 2008. It means that there is insufficient information to evaluate operating performance just by income statements. Thus investigation of cash flow statements is needed. Further analysis regarding cash flow statement will be dealt in problem D.
Distribution Returns
Distribution Returns refers to all those returns that are initiated by a supply chain actor during distribution after the product has been made (including the manufacturer). It refers to product recalls, commercial returns, stock adjustments and functional returns. Product recalls are products recollected because of safety or health problems with the products, and the man
Credit Rating Agency
A credit rating agency (CRA) is a company that
assigns credit ratings for
-issuers of certain types of debt obligations
-the debt instruments themselves
-even a country.
Three major global credit rating agencies
- Standard & Poor’s (S&P)
- Fitch IBCA
- Moody’s
credit rating
*Moody’s
21 levels (Aaa~C), If the level is lower t