发布时间：2020-07-27 热度：
管理会计：我们的作家会计领域的专业人士，因此在管理会计领域提供最好的分配写作服务，其中包括对信息的度量和分析的研究，帮助任何组织的管理人员实现预期的目标。留学生们在写作英国会计专业的论文时，最重要的一点就是内容必须要具有信息以及实际的准确性，要撰写一篇好的会计论文，布局和介绍也至关重要。论文的引入有两个重要原因，首先是解决议题，其次是在开始书面练习之前考虑到观众，作者必须清楚自己的想法，因此你要考虑你的受众的会计知识水平，此外，论文需要提供客观的结论，以确保论文真实解决了会计问题。
财务管理学论文代写选节
2. Describe the difficulties that companies that companies such as Lilyhammer might encounter when attempting to calculate their WACC.
The difficulties could be summarized as follow: using wrong discount rate and growth rate (g).
The cost of capital (hurdle rate) is the cost of funds that a company raises anduses, and the return that investors expect to be paid for putting funds into thecompany and therefore is the minimum return that a company must make onits own investments to earn the cash flows out of which investors can be paid their return (pre corporate tax). The cost of capital is an opportunity cost of finance – it is the minimum returnhat investors require. If they do not get this return, they will transfer some orall of their investment elsewhere. So when shareholders invest in a company the returns they can expect must be sufficient to persuade them not to sell some or all of their shares and invest somewhere else (general discussion the consequences of using wrong discount rates). Also, The yield on investment is the opportunity cost to the investors of not investing elsewhere. Thus current market prices must be used to establish the costs of the various elements of long-term capital. Nominal (historical) valuesare irrelevant. Market values also reflect the importance (i.e., weighting) ofthe different forms of finance.
3. Critically evaluate the suggestions of the finance director, the managing director and the production director.
Finance director
In the consideration of the return rate of the project, the rate can not be lower than the WACC, so that Finance directors should fully considered the return rate.
Managing director
For the position of the management director, it should pay attentions on the management cost which is also related the cost of the project, the costs are associated with the travelling costs and office expenses.
Production director
In a position of the production director, he should fully be considered on the cost of the project such as the direct materials and overheads cost.
Section 2
Q3 Question 3
Financial leverage is the degree to which a company uses fixed-income securities such as debt and preferred equity. The more debt financing a company uses, the higher its financial leverage. A high degree of financial leverage means high interest payments, which negatively affect the company's bottom-line earnings per share.
Equity capital
This figure represents assets minus liabilities. There are some businesses that are funded entirely with equity capital (cash written by the shareholders or owners into the company that have no offsetting liabilities.) Although it is the favored form for most people because you cannot go bankrupt, it can be extraordinarily expensive and require massive amounts of work to grow your enterprise.
Debt capital
This type of capital is infused into a business with the understanding that it must be paid back at a predetermined future date. In the meantime, the owner of the capital (typically a bank, bondholders, or a wealthy individual), agree to accept interest in exchange for you using their money. Think of interest expense as the cost of “renting” the capital to expand your business; it is often known as the cost of capital.
Financial risk is the risk to the stockholders that is caused by an increase in debt and preferred equities in a company's capital structure. As a company increases debt and preferred equities, interest payments increase, reducing EPS. As a result, risk to stockholder return is increased. A company should keep its optimal capital structure in mind when making financing decisions to ensure any increases in debt and preferred equity increase the value of the company.
