Cash Flow Statement Coursework Example | Topics and Well Written Essays - 750 words

Cash Flow Statement - Coursework Example On the other hand, UKFI has adopted debtors’ management approach by adopting a credit policy that is attractive to its customers. In the year 2011, UKFI registered an increase in its trade receivables of 193,000 pounds and in 2012 a decrease of 66,000 pounds indicating that it was able to receive more funds from its debtors. On the trade payables, there was an increase of 175,000 pounds indicated that it paid less of its debts. RBS has registered a steady increase in its receivables over the two years implying that its debtors have been prompt in paying their debts. However it has registered a decrease in its payables meaning that it has increased that amount owed to its creditors. This is considered to be more risky to the firm due to its inability to maintain a low creditor’s ratio. Both firms have also adopted short term financing methods such as factoring in addition to the already existing methods to ensure that the firm does not fail to meet its short term financial obligations by relying solely on the internally generated funds. The short term financing methods allows the firms to minimize debts by transferring the risk to other firms (Plewa, 1995, 011). Both firms have been able to meet their loan payments with UKFI being the leading in the amount that it pays each year and this indicates a more prudent approach on their part. RBS has relied heavily on issue of its ordinary shares to finance its projects for the years. However in 2012, it mainly raised funds from the issue of its subordinated liabilities as well as proceeds from non-controlling interests issued. Non-controlling interest refers to that portion of a subsidiary corporations stock that is not owned by the parent corporation. It allows the firm to make its financial decision without having to consult the holders of the non-controlling interests making its holding more advantageous for the

London Through Centuries Essay Example | Topics and Well Written Essays - 2500 words

London Through Centuries - Essay Example Perring (2002, p.1) states that, â€Å"Roman London was built on the north bank of the Thames, the site of the modern city†. Our visit to the Museum of London helped us a lot to understand more about the after effect of the amalgamation of British and Roman cultures. The museum is not so far away from the suburbs of London because it is near the London Wall. But we did not like to waste our time by viewing all the items displayed at the Museum. We entered the Museum and the Museum authorities pointed out that the objects displayed on the floor E can help us to learn more about Roman London. The curator guided us towards a number of objects displayed at the Roman collections section. We were totally stunned with surprise because it was beyond our imagination. The artistic craftsmanship of the people who lived between AD 50 and AD 410 was really amazing to us. The Roman Collection is symbolic of the human interest in preserving historically important objects. The curator pointed out that the effort to reconstruct the city of London helped to discover the objects that were preserved under the ground for centuries. The collection primarily includes ceramic objects, marble/metal objects, coins, wooden objects, and some items in bone and leather. The ceramic display at the Museum sheds light into the lifestyle and culture of the people who lived in London between AD 50 and AD 410. ... After viewing the ceramic section, we headed towards the Marble/Metal object section. The curator led us towards the marble sculptures that are excavated from a historically important place in Roman London, known as the Temple of Mithras. Later, we viewed the metal objects discovered from the Walbrook stream. These works are symbolic of the industrialization of handicrafts and domestic life of the Roman London. For instance, the jewellery and household utensils prove that handicraft developed into the form of industry in Roman London. The next section was really interesting to me because the same revealed the vividness of the cultural aspects of Roman London. The coin collection helped me to understand more about the importance of trade and commerce in Roman London. Besides, the leather and wooden objects were helpful to understand more about handicrafts in Roman London. So, the visit to the Museum of London was helpful for us to understand the cultural aspects of Roman London. Medie val London: First of all, Medieval London is interconnected with Norman invasion, which happened in the year 1066. One can see that some of the religious buildings and monuments in the Modern London are symbolic of the cultural heritage of Medieval London. To be specific, the Norman rulers constructed a number of forts and monuments in London. So as to have deeper understanding on the historical and cultural characteristics of Medieval London, we searched for churches and historically important monuments. Then we came to know that some of the churches and monuments like St. Bartholomew the Great, St Bartholomew the less and the Guildhall are important. So, we decided to visit these churches and monuments and restructured our timetable. Our first visit was