Financial Management 1 - Assignment

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• Essay on Financial Management & Analysis assignments

  ... MBA 680 Assignment #2 (WEEK 2) Abdullah Alshawdhabi Coleman University Chapter 3 Question 3-1 Construct a balance sheet for EDCO on Dec 31, 201X using the following information: (Remember that the check is if Assets = Liabilities + Equity, if it balances you are probably correct, if it doesn’t balance, one or more of the items is mis-categorized or has the wrong sign). Cash in the bank is $140,700 Account Payable = $515,450 The value of common stock outstanding = $400,000 To date accumulated depreciation of building = $135,200 Retained earnings = $899,700 Investments in Marketable Securities = $35,000 A bank note not due to be paid back to the bank until 3 years from today= $75,000 Accounts Receivable = $715,000 Accumulated depreciation of capital equipment = $675,350 Petty Cash kept in the office for minor purchases = $500 The corporation holds a note from a Board Member(who owes the corporation money for a personal loan) is due to pay back $12,500, within a year and $34,000 2 years from today Original purchase costs of all capital equipment to date = $913,000 Inventories on hand = $300,000 Original purchase price of Land = $75,000 Accumulated depreciation on Land = $0 Original purchase price of building = $475,000 ANSWER EDCO   For the year of Dec 31, 2013   Balance Sheet   Assets $      Cash in the bank 140,700.00      Original purchase price of...

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• Essay on Management Change Assignment 1

  ...Drawing on the material from chapter 1 of the text briefly categories and describe the type(s) of change that the organization has undergone over the past 5 years and is currently undergoing. change management can be defined as a structured approach to transitioning individuals, teams, and organizations from a current state to a desired future state. It can be applied to situations such as downsizing, growing organizations, or even adding new technology. It is an organizational process aimed at helping employees to understand, commit to, and accept and embrace changes in their current business environment. If changes are occurring in your organization – strategic changes, tactical changes, leadership changes, technology changes – then those changes are going to have impacts and effects on your people and processes (among other areas). To help minimize those impacts and effects, from having unintended negative outcomes, it is necessary to have “change management” methodologies in place with skilled resources delivering and executing on those methodologies, principles and processes. This helps to minimize possible negative outcomes and increase positive results. There are in total four types of organizational management change: Tuning, Reorientation, Adaptation and Re-creation. As the organization i am staying in is a global logistic company, it has a lot of branches all over te world, management...

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• Financial Management Assignment Set 1 Essay

  ...Master of Business Administration- Semester 2 MB 0045 “FINANCIAL MANAGEMENT” ASSIGNMENT- Set 1 Q1. What are the goals of financial management? Answer: Goals of Financial Management Financial management means maximisation of economic welfare of its shareholders.   Maximisation of economic welfare means maximisation of wealth of its shareholders. Shareholder’s wealth maximisation is reflected in the market value of the firm’s shares.   Experts believe that, the goal of financial management is attained when it maximises the market value of shares. There are two versions of the goals of financial management of the firm – Profit Maximisation and Wealth Maximisation. Profit Maximisation Profit maximisation is based on the cardinal rule of efficiency. Its goal is to maximise the returns with the best output and price levels. A firm’s performance is evaluated in terms of profitability. Profit maximisation is the traditional and narrow approach, which aims at maximising the profit of the concern. Allocation of resources and investor’s perception of the company’s performance can be traced to the goal of profit maximisation. Wealth Maximisation The term wealth means shareholder’s wealth or the wealth of the persons those who are involved in the business concern. Wealth...

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• Assignment 1 Understanding performance management Research Paper

  ...Understanding performance management The value of assessing performance It is important that we assess performance both informally and formally. Informal assessment is the day to day supervision of individuals and teams by in our case the team leaders. It is important to use our day to day observations and communications to sort any performance issues as soon as they arise. We can see if the team members are carrying out their procedures in the correct way, not only efficiently and to the required standards but also in a safe way not compromising the health and safety standards. Working closely with our team allows us to build a relationship gaining trust and hopefully helping to motivate them. It is important that we listen to our team and give them as much support as they need whether it be extra training or any personal problems. The team member should also be made aware that formal processes will be used if performance does not meet expected standards, informal warnings may be given first. Using our shop floor data collection system we can gather all of the relevant information on each team member to measure their performance over a period of 6-12 months. We can then use all of our data to present to them at their appraisal. Doing this allows us to give them feedback of how they are performing and also gives them a chance to tell us how they think they are performing, so it’s important that they have info about the review in advance so they can be ready...

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• Buacc5934 Financial Management Assignment Essay

  ...BUACC5934 FINANCIAL MANAGEMENT | AASB2 Share Based Payments | Major Assignment Summer Semester 2013 | Prepared by | Hide | | | | PART A: Discuss the following in relation to the standard: 1. What was the rationale for the introduction of an accounting standard covering share based transactions? The share-based transaction, such as share options for employees, was not attributed a cost in the past although the use of such equity instruments was widespread. As a result, the AASB 2 Share-based Payment was introduced to force entities to incur a cost the transaction. Moreover, the treatment of share-based payment transactions was very controversy before 2005 which made inter-firm comparison difficult. So the introduction of an accounting standard has become necessary to cover this issue. 2. Referring to the standard answer the following question: a) Does a share based payment arrangements always relate to employees? No. It is very common that entities usually use share options for the purpose of employee remuneration. However the scope of the standard is much broader than this. Under AASB 2, the definition of share-based payment transaction indicates that a share-based payment arrangement only requires the exchange of goods or services or incurs an obligation to settle the transaction with the supplier when another group entity receives those goods or services. Consequently,...

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• Essay on Financial Management

  ... Course: Executive Master Program in Business Administration. Duration: 1 Year Semester I – Financial Management Section A Part One Multiple choices: Q1. a. Ignored non-corporate enterprise Q2. c. Redeemable preference shares Q3. b. Domestic risk Q4. a. Future cost Q5. c. Designing optimal corporate structure Q6. d. Cost of capital Q7. d. Agency cost Q8. a. Legal requirement Q9. b. Default risk Q10. a. Beta Part Two Q1. Annuity is fixed sum of money paid every year in at any other fixed interval shorter than a year. This annuity may be way of return of some principal plus interest payment of against money invested or by way of payment of other dues such as pensions after retirement. In any case it represents out flow of cash from one account to in flow of cash to another account. In this way all annuities involve movements of cash or funds. Therefore all annuities are cash flows that can be suitable represented in cash flow statements. An annuity will be represented as inflow of cash in the cash flow statement for the recipient of annuity and out flow of cash in the cash flow statement of the person or firm paying out the annuity. Q2. Portfolio risk refers to the combined risk attached to all of the securities within the investment portfolio of an individual. This risk is generally unavoidable because there is a modicum of risk involved in any type of investment, even if it...

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• Assignment 1 Becoming an effective Leader Essay

  ...more that the end result would be comfortable for everybody. However if they feel demotivated because they feel not accepted in their environment and they feel that there is unfair competition between themselves, then they fall back on their objectives. One way in order to eliminate dissatisfaction is to meet them personally, let them vent their own ill feelings or unhappiness and then direct them tactfully in order to realise their unique importance in the company and their contribution, in doing so they will feel emotionally satisfied and they will start, continue and finish their work with great enthusiasm thus the end result will be satisfactory for all. If however they will feel the management has no time for them as employees or they have to follow blindly the directives that the management issues from time to time eventually they will get tired, this will be reflected in poor service towards the clients and then the customer care will reflect this haphazard attitude. If every employee feels that he or she is being treated fairly and given the fair share time of work and rest, then they will be duly motivated and there will be no dissatisfaction in their work. Another way to assist them in knowing that they are important is letting them know how others and themselves have done during the month and try to explain to them that if there objective is not yet done in that particular instance it is because of some cause beyond their control in...

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• financial management Essay

  ...managing money. It includes financial service and financial instruments. Finance also is referred as the provision of money at the time when it is needed. Finance function is the procurement of funds and their effective utilization in business concerns. The concept of finance includes capital, funds, money, and amount. But each word is having unique meaning. Studying and understanding the concept of finance become an important part of the business concern. Financial management is an integral part of overall management. It is concerned with the duties of the financial managers in the business firm. The term financial management has been defined by Solomon (2004) “It is concerned with the efficient use of an important economic resource namely, capital funds”. The most popular and acceptable definition of financial management as given by S.C. Kuchal (2006) is that Financial Management deals with procurement of funds and their effective utilization in the business”. Howard and Upton (2003) Financial management “as an application of general managerial principles to the area of financial decision-making. Weston and Brigham (2003) Financial management “is an area of financial decision-making, harmonizing individual motives and...

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