https://www.quora.com/What-are-the-differences-between-Fannie-Mae-and-Freddie-Mac Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) — i.e., private companies sponsored by the government — in the U.S. home mortgage industry. Though separate companies that compete with one another, they have the same business model, wherein they buy mortgages on the secondary mortgage market, pool those loans together, and then sell them to investors as mortgage-backed securities in the open market
inequality of income distribution (Jhingan, 2003).Whatever the prevailing political or economic ideology of the less developed country, its economic and social progress depends largely on its government’s ability to generate sufficient revenues to finance an expanding program of essential, non-revenue-yielding public services, health, education, transportation, legal and other institutions, poverty alleviation, and other components of the economy and social infrastructure, Torado and smith (2009).
needs, ability to collect them and a myriad of other factors. The main purpose of taxes is to create sufficient income to finance the government services to the public in a way that does not increase the inflation. The structure of tax system is related with the level of development, the need or want for public services, and the capacity to collect taxes. While mandatory to finance the public
lower figure shows a growth in dividend rate. Financing activities indicate the movement of cash between firms and owners. Companies that use International Financial Reporting Standards may classify interest payments in either the operating or the finance activities of the statement of cash
“Money is eighty percent behavior, twenty percent head knowledge. It’s what you do, not what you know” (Ramsay, 2015). According to the Organization for Economic Cooperation and Development (2006), financial education is the process by which financial consumers or investors improve their understanding of financial products and concepts. Therefore, it can be stated that financial education is essential in the today’s economically developing world as it enhances the skills of money management and also
The economic objectives of government are the attainment of sustainable economic growth (assumed to be around 3-4%), price stability, full employment, ecologically sustainable development, income equality and external stability. The two main macroeconomic policies used by government are the fiscal policy and monetary policy. Fiscal policy refers to the government’s manipulation of the two variables, taxation and government spending to alter the level of aggregate demand in the economy. If the government
3. What Would You Recommend to the Entrepreneurs to Improve the Business Plan? I would recommend that the EcoGenix introduces its financial plan in the business plan. The financial plan would evaluate and present investment opportunities available. In addition, the financial investment enables the organization estimate its financial requirement and viability. For example the financial plan would contain the pro forma statement, break even chart, and cost control The pro forma income statement uses
CHAPTER ONE 1. INTRODUCTION 1.1 Background of the study Corporate financial management primarily deals with three core areas that have a bearing on a firm’s financial goals. As postulated by Firer et al (2008), these three core areas of corporate finance are as follows: (1) capital budgeting, which encapsulates the process of planning and managing a firm’s long-term investments; (2), capital structure, which outlines the specific mixture of long-term debt and equity maintained by a firm and last,
Planning for your retirement is one of the most important things that you can do throughout your life. However, there are many people that lack experience or knowledge about the various retirement investment tools available to them. In particular, this can include individual retirement accounts, and if this applies to you, having the following couple of questions answered should help you to make informed choices for your financial future. Why Want To Rollover Your Work Retirement Account Into An
Ethics of Tax Evasion: An Annotated Bibliography Tax evasion is an illegal activity in which a person or business intentionally evades paying his or her true taxes, whether not paying at all or not enough. If people are caught evading taxes, they are subject to criminal charges and significant penalties. Tax evasion is a federal offense under the IRS tax code. There is also an ethical issue concerning tax evasion. There is a moral obligation to pay. I chose to focus my research on the ethics of tax