USA SuperCars Revenue Risk Analysis Report Essay

USA SuperCars Revenue Risk Analysis Report - Essay Example What is the bank’s Value-at-Risk and what is the bank’s expected profit? 16 USASuperCars signed a contract to sell 27 cars to five different countries including the USA. It was agreed that the other four countries would pay the revenue in their local currencies at the prevailing exchange rate after the delivery. HSBC however offered an offer of $2,150,00 for the purchase of the contract. The objective of the report was to conduct an analysis of risks to the company and the bank and profitability. Exchange rate data from the Bank of America was used for all the analysis. A recommendation would thus be made on whether USASuoerCars should accept the offer from HSBC. Various statistics were used in achieving this objective. The expected revenue was obtained as $ 44,218,388 and the standard deviation as $ 33,022.14. The probabilities of the mean exceeding $2,200,000 and 2,225,000 are 100% and 100% respectively. This shows that there are high chances of exceeding the mean revenue. The banks value at risk at the 5th percentile was $ and the profit was $ . USASuperCars, which is based in US, markets custom built and high-end expensive cars. These sports cars are meant for the rich in the society. The company signed an agreement to sell 27 cars to five countries across four continents; the payment was to be paid after delivery in the local currency. Since the payments were to be made at a leter date and in local buyers local currency, it meant that there would be uncertainties in the final revenue that is expected at the contract. The exchange rates were provided by the Bank of America for the twelve months that followed so as to ensure a proper analysis. HSBC offered $ 2,150,000 to USASuperCars in exchange for the all the revenue in the local currencies. The purpose of the report was to find the probabilities of getting revenue in excess or under the expected value; evaluate the offer by HSBS and determine other risks that faced

What are the essential aspects of melodrama Essay

What are the essential aspects of melodrama - Essay Example Melodrama could be part of a play, a film, or a book. Today it is employed effectively in television serials also. It could take the form of a tragedy, a comedy, a romance or adventure. Melodrama has been used since the early nineteenth century. According to George Rowell, (1968), pp 450-451, who had reviewed the book: The World of Melodrama by Frank Rahill, the account has the merits of a wide range and considerable detail. Manifestations of melodrama on both sides of the Atlantic are covered, and Rahill’s careful handling of the French form is notable. Melodrama was long dismissed by literary critics as good theatre but bad drama. Melodrama was more to do with quantity than quality, and appealed more to the eye than the mind. One of the chief merits of melodrama was the vitality that it possessed. Films: During the last forty years, Douglas Sirk and his family melodramas have achieved an almost legendary status in film studies. Sirk’s work has been critically acclaimed since the 1950’s and he is universally defined as the subversive master of melodrama. Some of his works are: Magnificent Obsession (1954), Written on the Wind (1957), and Imitation of Life (1959). He was dedicated to critiquing the bourgeoise. The sophisticated family melodramas of Sirk and others realized the genre’s historical capability to act as a revolutionary form during times of cultural struggle. Sirk demonstrated how melodrama often considered a trivial genre, could achieve the status of a serious artistic and cultural form. (Barbara Klinger, 1994, pp.xi-xii). The relationship between melodrama and the prevailing ideology, culture and history can be noted. Critics have continually interpreted individual films as responses to times of national and social crises; from the moral dilemmas of post-revolutionary France to the class conflicts and forbidding sexual mores of the Victorian era,