Ticket 1 Enterprises (firms) field of activity and its main characteristics

2.Financial mechanism and their elements-
The financial mechanism of enterprises is known to be realized through the development and implementation of strategic and operational financial decisions .The performance of the financial mechanism has been under multi-layered reviews by the GEF agencies, the GEF Evaluation Office and the Conference of the Parties, in accordance with their distinct mandates and institutional interests. The review of the effectiveness of the financial mechanism undertaken by the Conference of the Parties is conducted every four years and this review coincides with the ordinary meeting of the Conference of the Parties.
The Conference of the Parties conducts a review of the effectiveness of the financial mechanism every four years. In accordance with the terms of reference, the fifth review of the effectiveness of the financial mechanism will take place at the second meeting of the Subsidiary Body on Implementation, and subsequently at the fourteenth meeting of the Conference of the Parties.Formulation and implementation of financial strategy have the following stages: I. Formation of strategic aims in main areas of financial activity ): 1) party facilities formation – maximization of net cash flow (clear profit, amortization); 2) the effectiveness of allocation and intake of party facilities in all types of activities and structural units – maximization of ROE modeled using the DuPont formula, maximization of investment yield; 3) procuring company’s solvency – capital structure optimization (equity and loan); 4) selection of funding sources rational balance (equity, loan, raised); 5) estimate of costs of raised party facilities (WACC allowing to estimate the costs of the fund raising) 6) effective fund raising and use of capital in the given frame of ROE, financial stability, capital structure, cost of capital (method of economic value added (EVA): net income exclusive of the cost of fund raising
3.Current capital-
Current capital is part of the current capital which is outlaid on acquisition of the articles of labour and providing of appeal of money. Current capital is often referred to as working capital. Essentially, current capital is the liquid financial assets that a company has on hand to manage the day to day operations of the company. Current capital is understood to be free of any other obligation, and is readily accessible at all times. Assessing the status of current capital is important to any business. The presence of current capital at any given time is a strong indicator of the overall financial strength of the company, as it demonstrates the ability of the corporation to fulfill short-term obligations to various creditors, as well as compensate employees for their labors. Companies with little or no current capital are in need of re-evaluating the operational process and making changes that will help keep the operation profitable over the long term. The current and capital accounts represent two halves of a nation's balance of payments. The current account represents a country's net income over a period of time, while the capital account records the net change of assets and liabilities during a particular year._____Production reserves is aggregate of consists of raw materials, based and auxiliary materials, spare parts. Work-in-Process Goods still in the process of being produced and recorded as inventory at the time of compiling a balance sheet. Charges of future periods are a cost of the preliminary prepaid charges. Finished production a cost of commodities, created in a production and ready to realization, cost of commodities which are on composition. Cash Money, negotiable money orders and checks – classified as a current asset. Accounts Receivable Amounts owed to an enterprise by its customers for the purchase of goods or services provided on credit.