What is contagion?
“ The likelihood that significant economic change in one country will spread to other countries.”
-Investopedia-
1. CLOSING CASE
American International Group
When the financial crisis in the U.S. in late 2008, many nations could not avoid contagion and its pernicious effects.
In the United States, a notable casualty was AIG.
In 2008,
AIG’s near colla
Chart 4. is a graph that shows 7 foreign and domestic oil refining companies's Financial Leverage percentage.
Royal dutch shell and Chevron show more attractive ratios than other companies.
Financial Leverage percentage is related to ROE and ROA, so the graph’s shape is so similar. BP shows very high percentages for 3 years, but it keeps decreasing. And that difference is getting bigger and
to Japan.
(미국 무역 대표는 일본에 대해 무역 제재를 발표했다.)
(7) deficit : 적자
Our trade deficit went up last quarter.
(우리의 무역 적자가 지난 분기에 올라갔다.)
(8) margin : 수익, 이윤
He made a fair margin of profit.
(그는 상당한 이익을 남겼다.)
(9) commitment : 책임. 약속
You should keep the marriage commitment.
grants in the U.S. were formed thru the consolidation or merger of several closely related categorical grant programs. (목적이 넓어서 grantee가 구체적인 사용법을 정할 수 있음)
Defining features of grants
Conceptually, grants are payments from a donor government toa recipient organization or an individual. More, specifically, they are a gift that has the aim of either s
to evaluate the attractiveness of investment by comparing each company's financial ratios from their financial statements.
Ⅱ. Financial Ratio analysis
1. Liquidity
Liquidity refers toa company's ability to meet its current maturing debts. And it focuses on the relationship between current assets and current liabilities. With it, Creditors and analysts evaluate a company's short-ter