Executive-level financial report to the chief financial officer (CFO) Research Paper

Executive-level financial report to the chief financial officer (CFO) of a mythical company - Research Paper Example In order to evaluate past financial performance, the report studied how Sprint established relationship between Revenue and Expenses, as well as Cash flow and debt. In order to evaluate past stock performance, the report studied dynamics of stock and EPS. The report paid substantial attention to Sprint’s upcoming projects. Sprint Nextel Corporation (Sprint) is a communication company that operates in two segments: Wireless and Wireline. In the United States, Sprint is the third largest wireless carrier company after Verizon and AT&T (FORM 10 – K, 2010). It serves about 55 million customers with mobile voice, data, and web service under the Sprint corporate brand, which includes retail brands of Sprint, Nextel, Boost Mobile, Virgin Mobile, and Assurance Wireless on networks that utilize the third generation (3G) code division multiple access (CDMA), integrated Digital Enhanced Network (iDEN), or Internet protocol (IP) technologies (Company Information, 2013). High Technology Corporation (HTC) is a new fully integrated wireless communication service provider for the international market. HTC after competitive technical and economical product evaluation has determined to select Sprint as a potential supplier. This report intends to evaluate Sprint’s past financial and stock performances, an alyze current and future business aspects in order to recommend if Sprint would remain financially strong to enter into a long-term contract with the HTC. On February 7, 2013, the Associated press reported that Sprint lost $1.3 billion in the preceding fourth quarter, about the same as a year ago. In the period from October to December, the company lost 44 cents a share. The loss is steady as in the previous year, but revenue went up 3.2 percent from 8.7 billion to 9.0 billion during the same period a year ago. This increase was attributed to customers changing regular phones

Analysis of market and arrangement of production Essay

Analysis of market and arrangement of production - Essay Example ated that the oil and gas liquid output will remain no more than 3.54 mn b/d by the year 2011 though the country has pumped about 3.67 mn b/d last year. Oil consumption in China is expected to increase by 28% by 2011. Therefore the import of oil is expected to be 5.85 mn b/d by 2011. The overall business environment for oil and gas is moderately attractive from a regional perspective because political risk is overwhelmed by a strong and sustaining growth of demand for energy. There is a positive reserve for international oil and gas companies to take part in this competitive market. Economic risk is moderate and regulatory norms are set to make progress. China is an important nation in Asia for long, medium and short term oil and gas growth and demand that attracts energy sector investors (The China Oil and Gas Report 2008.) The Chinese oil and gas market conducts activities of storage, refining, exploration, production, transportation, development and marketing (King,2008). With augmented force for bigger oil manufacture and new basis of energy, opportunities to spend in oil and gas business are growing. Unearthing of new sources of oil and gas as well as persons eager to put their cash on the line is imperative to the oil and gas industry. Oil companies are in want of financiers to fund research, for the growth of new technologies, and the hunt of new sources (Richards) China is now a net importer of oil. It consumes nearly five million barrels of oil per day. Out of this requirement, one third is imported. It is expected that China will consume seven million barrels per day by the year 2020. in view of the above mentioned forecasts government sponsored groups have started functioning for devising objectives in this area. One of the main plans formulated is in the area of marketing oil and gas products (PETROCHEMICALS, CHEMICALS, OIL & GAS INDUSTRYWORKING GROUP.) The pricing device has been correspondingly continuing towards semi liberalised bazaar value