Discuss effects of an international real estate recession

Assignment Help Finance Basics
Reference no: EM131410905

In its November, 2009, press release discussing third quarter financial results, the construction management and consulting firm Hill International specifically cited an increase in bad debt expense as a drag on otherwise improved operating profits. Hill provides its services globally to companies involved in large construction projects.

REQUIRED:

Discuss the effects of an international real estate recession on construction projects and why this macroeconomic event would affect a company's bad debt expense. Who is on the other side of a company's bad debt expense? How does this expense affect the income statement and the balance sheet? How could an analyst following the global construction markets use a company's disclosure on bad debts to better understand the industry?

Reference no: EM131410905

Questions Cloud

How did hamilton and jefferson differ : How did Hamilton and Jefferson differ in their interpretations of the phrase "necessary and proper"?
What is included in nike''s balance sheet cash account : Compute the change in NIKE's current ratio and working capital from 2008 to 2009. Which accounts are the most important in explaining that change?
What voids did jack ma face when starting alibaba : What voids did Jack Ma face when starting Alibaba? What growth strategies did Alibaba adopt in setting up the online market in China? Hint : Use the framework questions in Toolkit 2-1, 2-2, 2-3 and Table 2-2.
Discusses a public issue or concern : Construct an essay that discusses a public issue or concern and write an opinion/editorials article for your local newspaper - conclusion that restates the essay's main points and reaffirms your thesis.
Discuss effects of an international real estate recession : Who is on the other side of a company's bad debt expense? How does this expense affect the income statement and the balance sheet? How could an analyst following the global construction markets use a company's disclosure on bad debts to better und..
Explain the pathological processes : Explain the pathological processes associated with the term "heart muscle died." Discuss and contrast reversible and nonreversible cell injury
Socioeconomic order of virginia : Compare the socioeconomic order of Virginia in the 1620s with that of Virginia in the early 1700s. What were the most significant differences, and why did those changes take place?
Assassination attempt on congresswoman gabriele giffords : Assassination Attempt on Congresswoman Gabriele Giffords Sheriff Dupnik Pima County Arizona (Tucson) stated in the press conference that "Arizona is the mecca of prejudice and bigotry?" Also, former President Bill (Bubba) Clinton made similar rema..
What insights does this comparison give you about health : Identify the two countries that you are comparing with the United States and define the three health indicators you have selected for your analysis and explain why you chose them.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is nike’s policy on asset impairments

What percentage of total assets do property, plant, and equipment and long-lived assets in total make up?

  Determine the effect of these errors on the company

On Dec. 31st, inventory costing $14,000 was shipped to a customer FOB shipping point. Sales Revenues were recorded at 50% mark-up on cost - Determine the effect of these errors on the company's financial statements as of Dec. 31, CY

  Suggest one key factor that a financial manager

Suggest one key factor that a financial manager should evaluate when determining whether to invest in stocks or bonds. Provide support for your rationale.

  What amount must nutty hospital borrow today

Assume that underwriting fees and other issuance costs will be 5% of the issue and that all debt service on the old issue must be met from the proceeds of the refunding issue and related investment income.

  Consider the deacon and sonstelie

Consider the Deacon and Sonstelie

  Indicate which metric is most relevant to an investor

Briefly discuss the differences between the two and indicate which metric is most relevant to an investor who is considering adding another asset to a well-diversified portfolio.

  What scale of measurement was used

Was the variable measured directly (like height or weight), or did the research use an operational definition to measure a hypothetical construct such as motivation?

  Decision-making process

Your boss, the chief executive officer (CEO), realizes that you do not have much practice in this higher level, decision-making process and has asked you to write a memo describing your understanding of how to make important decisions.

  Fraud activities associated with declining cash flows

This case relates to employee fraud in a Las Vegas hotel. After reading the case, answer the following questions as noted in your text: .Could Tony be right?

  Question on stock repurchase

Beta Industries has a net income of $2,000,000 and it has $1,000,000 shares of common stock outstanding. The company's stock currently trades @$32 a share.

  Where does emergency management office reside at state level

Where does the emergency management office reside at the state level? Give three examples.

  Why must researchers use reliable measures

Why must researchers use reliable measures?- Why is it virtually impossible to eliminate all measurement error from the measures we use in research?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd