Answer:
I have selected Standard Chartered Bank which is one of the leading banks in the world. It has more than 1200 branches across 70 countries in the world. The head quarter of the bank is in the city of London, England.
The financial statements of the banks are available online. These financial statements are compared with similar other banks or industry averages to analyse the performance of the bank.
Explanation:
Standard Chartered is one of the finest bank in the world. The banking sector has been always striving to serve people better and standard chartered has made this possible. The financial statements of the bank are available online. One can easily go to the banks website of their respective country and click the about us tab. Then in the about us tab there is detail about company operations and their mission vision statements along with free and complete access to financial statements.
Answer:
$650,000
Explanation:
The computation of the expected net cash flow for the year 1 is shown below:
= Annual operating cost reduced + expected revenue generated per year in the year 1
= $250,000 + $400,000
= $650,000
By adding the annual operating cost, and the expected revenue generated we get the project expected net cash flow for the year 1
