Тексты на английском Rss


The Roman Empire The Roman Empire / Римская империя The Roman Empire had a huge task in front of them while it was first starting out and while it was becoming a dominant dynasty in the early civilizations. The main problem that the book "Discovering the Global Past" points out is how the Roman Empire found itself growing a little too quickly. The Roman Empire started out very small...


U.S. Financial System U.S. Financial System / Финансовая система США Corporations have the need to raise capital for a number of reasons. Smaller firms need capital to start up operations. Larger firms need capital to expand operations and to finance inventory. There are various ways in which a firm can raise capital through the financial system and numerous individuals and entities...


Microburst Microburst / Микропорыв There are many safety factors that pilots have to take into consideration while completing a safe flight. Everything has to be taken into mind when planning a flight. From weight and balance to preflight inspections. One safety factor that is impossible to have control over is weather. There are many aspects of weather that can affect an aircraft,...


Romanian Orphanages Romanian Orphanages / Румынские сироты Imagine a hospital that, at one time ran smoothly helping the public, now with the primary objection of taking care of the thousands of abandoned infants and children. This is the reality in Romania when Nicolae Ceausescu was in power. In 1966 he created an Anti-Abortion/Contraception law in order to raise the population and...


Introducing Christian Ethics Introducing Christian Ethics / Введение в христианскую этику The book that I have chosen to do my book review on is Introducing Christian Ethics, written by Henlee H. Barnette. This book deals with many Christian ethical decisions based on biblical foundations that are applied to various major problems. Some of the major problems pertain to the self,...



Топик на английском по теме: Business / Бизнес

Yum! (американская корпорация)

Yum! Brands is the owner of five different fast food chains across the world. These include Pizza Hut, Taco Bell, Kentucky Fried Chicken, Long John Silver’s and A & W Restaurants. As the owner of five such restaurant chains, there are a variety of potential projects or events that require an investment. These can include such things as an expansion, buying new equipment, mergers, recalls, and so on.

Within Yum! Brands there are two projects that I would recommend to the corporation to be done. The first would be a corporate office for the international offices and the second would be a updating the current computer systems within the restaurant locations. One of these will be funded by current source of funds and the other sourced by non-current funds. «Current sourcing of funds are traditional ways, which can be circulated and repaid within the accounting period or operating cycle of the business. These types of funds are easily converted into cash or equivalent.» Alternatively, «non-current sources of funds are for a longer period of time, typically at least over one year. Normally long term sources are used for capital expenditure such as land, buildings, and machineries for the enterprises.»

Creating an international corporate office for Yum! Brands would be considered a non-current project. «Yum currently has a corporate office for their China division, but everything else is run from their regular corporate office located in Louisville, Kentucky.» This expansion would be considered a non-current project because it would be a long-term event that would take over one year to complete. I think that the best way to raise the capital for this project would be to use a non-current debt instrument. I would recommend that Yum use mortgages and even notes payable to fund the additional corporate office for their international business. This would allow Yum to borrow the money today and make payments on it later when the profits are increased.

The second project I suggest is to update the current computer systems in the restaurants. This is essential because in today’s world technology is the key to success and profitability. Companies want to make sure they are up to date on the latest technology. This is a project that will occur immediately and would therefore be a current project. I feel that the best way to fund this project would be to issue common or preferred stock in the company. Because Yum owns such popular food chains it would be easy to sell enough stock to raise the capital needed to get an adequate amount of money to update the computers.

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