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Papers On Accounting & Personal Finance
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Projected Accounts Case Study
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This 6 page paper shows the student how to project future accounts when the most recent accounts are available and the different increases in cost and income are known in percentage tools. The paper shows the individual calculation and the presents the new profit and loss account and balance sheet. The bibliography cites 1 source.
Filename: TEprojaccts1.rtf

Projections for a Business
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This 4 page paper undertakes a cash flow projection for a business and then uses his to show the student how to create a projected profit and loss sheet and a balance sheet from the projections. The bibliography cites 1 source.
Filename: TEbusproj.rtf

Projections for Briggs and Stratton
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This 8 page paper looks at the 2001 and 2002 annual accounts of Briggs and Stratton to make some projections for the next five years. The bibliography cites 5 sources.
Filename: TEbriggs.rtf

Projections for Shang-Wa
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This 3 page paper uses a case study provided by the student to show of income statement projection can be made. The existing income statement is used for a fictitious company using forecasting to project revenues and then using ratios to assess the level of the different costs. The bibliography cites 2 sources.
Filename: TEshangproj.rtf

Property / Casualty Reinsurance
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One of the realities that is emerging from today's business of insurance is that there are not many major insurance markets left where direct insurers are able to make a profit by underwriting, free of reinsurers. The general trend has been that most of the world's markets are showing losses for underwriting. In some cases, even the net business after reinsurance is at a loss. In such cases, they are usually able to offset the loss with investment income but the total profit has been declining steadily in most regions of the world. This 8 page paper examines the trends in the relationship between the direct insurer and the reinsurer and the changes that have been instituted in the wake of hurricane Andrew in 1992. Bibliography lists 7 sources.
Filename: Reinsud.wps

PROPERTY TAX AND FUNCTIONS
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This 4-page paper answers some questions about property taxes, their purposes and how they're assessed. Bibliography lists 3 sources.
Filename: MTprotax.rtf

Property Taxes and Business Development
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An 11 page paper discussing the difficulty of assessing the effect that business development has on the movement of property taxes in the local area. The issue of weighing the costs of economic development against its benefits would seem to be rather straightforward, but practice and research reveals it is not. The purpose here is to suggest an alternative method. The alternative of choice is cost-benefit analysis. Bibliography lists 11 sources.
Filename: KSeconTaxBizDev.rtf

Proportion of Debt in Total Capital Structure: Effect on Firm Value
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A 13 page paper discussing the effect of debt on the value of the firm, with a focus on the financial services industry and using Citibank as an example. As Citibank’s debt load has risen, so has its stock price and therefore its firm value. Because Citibank’s debt has increased to finance acquisitions, however, its assets also have increased during the same period. Citibank’s current ratio always remains at or around 1.0, indicating that it has not taken on more debt than can be beneficial. Certainly other factors enter into changes in firm value, but analysts view increasing debt financing of growth activities as a positive approach to conducting business. Bibliography lists 19 sources.
Filename: KSfinDebtCapStruc.rtf


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