FOREX Magazine
IBP Finance I
IBP Finance I
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In this final project, the virtual magazine, the articles are basically about financial issues that were<br />
seen in the class in a theoretical way but in this magazine is applied in our lives, whether<br />
professional and personal. Currently, we as current students are not in an environment where the<br />
financial terms are heard as if we were already working in our profession but it is important that<br />
through the classes to go knowing about them because they will be needed.<br />
In the different sections that are divided in the magazine from Financial Ratio to Financial<br />
Statement Analysis, it is very interesting to know about the crisis that these companies or<br />
businesses are going through and what are they doing to save them or what they are doing wrong.<br />
An example of it, it the articles that talks about how long will take to improve our business credit<br />
and it’s important to know because can make it easier to find and work with suppliers and<br />
vendors, also to improve it depends on many factors such as your credit history because it takes<br />
a while to get a score and basically takes months and of course, the most important is that you<br />
need to separate your business from your personal life<br />
Another articles that I really like a lot is the one that talks about common mistakes that companies<br />
make on financial statement because we know that financial statements provides the overview<br />
of the financial activities and with these, the board takes the decisions of the companies,<br />
moreover, in this career and in this semester we are learning or we learned about it and we know<br />
that if we make a single mistake whether is on the balance sheets or whether the income<br />
statement or whether cash flow statements all is ruined and basically the company is going to<br />
have a problem and this means that can and it will impact the business ability to stay competitive.<br />
On the other hands, the term of consolidation, which is the process that involves combining two<br />
loans into one, and there was a new also very interesting that was about the ins and outs of debt<br />
consolidation in Europe article, I think it was a very complete new since it contained the definition<br />
of debt consolidation. The article said that in the United Kingdom many people had various debts<br />
such as personal, overdrafts of cards, among others, and that is why it is preferable to consider a<br />
consolidation because at the end it could be of great benefit.<br />
I really like to make this virtual magazine, it was something new as a final project and very<br />
interesting because there’s not only articles also like learning games of words that we saw in the<br />
class and makes it very entertaining for who is going to read it. Finally, I think that these project<br />
helped me a lot to understand some terms that I was confused and know how to applied it<br />
correctly and start to being more familiarize for the future.<br />
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