Interpreting Financial Results

University of Phoenix’s Business Proposal

Jose Villafana

ECO/561

July 07, 2014

Dr. Mark Erenburg

Thomas Money Service Inc. has been in lending business for the last 70 years. Its equipment manufacturing subsidiary Future Growth Inc had experienced year on year growth in profits for 67 years. The company weathered recessions and recorded more than 1700% increase in the share price period. . Now they are a solid consumer finance manufacturing company. As a consumer finance manufacturing organization obtaining a permanent place in the industry is the primary goal. The Main mission is to provide high quality, lower prices, higher standards and a better overall service to the target market. Also essential is to deliver superior products and services to our valued clients and to contribute to the enrichment of the quality of lives of people. Thomas Money Service is a finance company that provides business loans, business acquisition financing and commercial state loans. It is a solid organization with many years of experience, which grew and branch out into the equipment financing. A subsidiary company named Future Growth Inc. Nowadays the group is able to build, sell and finance their own brand of building and forestry equipment. Thomas Money Service wishes to attain nation However, the current economic recession hit its profits hard resulting in a 30% reduction in profits and massive layoffs. The company had repossessed 500 pieces of equipment following non-payment of revenues. The company also reduced its manufacturing costs due to the low level of demand.

Market Structure

The industry market structure has been changing in the period following the onset of economic recession. The market had many buyers before but now only a few buyers of them remain, such as hospitals and nursing homes. The sellers or competitors are many both domestic and international ones all angling for a slice of the market. The market structure is therefore an...