IN CLASS EXERCISE RATIO ANALYSIS PETRONAS METHANOL Statements of Financial Position December 31‚ Assets 2013 2012 Cash RM 25‚000 RM 40‚000 Short-term investments 15‚000 60‚000 Accounts receivable 50‚000 30‚000 Inventory 150‚000 170‚000 Property‚ plant and equipment (net) 160‚000 200‚000 Total assets RM400‚000 RM500‚000 Liabilities and Stockholders’ Equity Accounts payable RM 20‚000 RM 30‚000 Short-term
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Finance and Management Personal Statement “The real price of everything‚ what everything really costs to the man who wants to acquire it‚ is the toil and trouble of acquiring it” (Adam Smith). My interest in the financial world was spurred on by this quote from the famous economist. Growing up in Hong Kong‚ I was a witness to some major political changes in governance‚ which up to date have continued to have a considerable impact on the financial market. In 1997‚ Hong Kong was famous for its
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Article Review 2: Purchasing Must Become Supply Management Oluwaseyi Omokanye INSS 630 Dr. Abby Spring 2013 * Introduction Many companies are finding purchasing to be a routine business function and face challenges concerning purchasing decisions involved in their supply chain which often includes accepting or ignoring disruptions and is managed with annual negotiations with suppliers or sources. Years ago‚ purchasing managers developed skills in
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Amber DesRosiers Case brief 1 Hastings vs. Baton Rouge Hospital January 31‚ 2015 M. Nichols Bryant Stratton Southtowns College Legal aspect of health management FACTS- David and Audrey Hastings- son was a stab victim and rushed to hospital and passed away. Baton Rouge General Hospital- charged with malpractice in trying to transport an unstable patient to another hospital for care. PROCEDURAL HISTORY- Young stab victim was brought into the hospital on March 1981‚ who had no vital
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Melanesia and Micronesia closely relate in several aspects of their arts and cultures. Even though the two sections of islands are very similar they also are opposites in some ways depending on which islands you’re on. Micronesia sets on top of the Melanesian islands in the Pacific Ocean so the cultures in Micronesia are very similar to both Polynesia and Micronesian due to the small size of Micronesia. Both Melanesia and Micronesia’s art is for the same achievements. What are the differences in
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Task 1 Demonstrate that you understand project management principles. a. Describe the background and principles of project management Project management is a planned and structured effort to achieve an objective or is the process of managing‚ allocating‚ and timing available resources to achieve the desired goal of a project in an efficient and expedient manner‚ for example‚ creating a new system or constructing a project. Project management is widely recognized as a practical way of ensuring that
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What is Management? Explain characteristics of Management? Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning‚ organizing‚ staffing‚ leading or directing‚ and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment
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Some conflicts are inevitable and are predestined; many disputes relating to property management are quite preventable especially where the property manager exhibits high level of professionalism. The relationship between the landlord and tenant is like cat and dog (Ebinama‚ 2011). Lee (2010) warned that conflict can be a breeding ground for disruption and viciousness; it can cause emotional pain and stress‚ and decrease job satisfaction. If conflicts are not resolved properly it might affect the
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TEMASEK POLYTECHNIC SCHOOL OF BUSINESS MANAGEMENT ACCOUNTING & FINANCE (BAF2016) AY 2011/12 MID-SEM TEST OCTOBER SEMESTER Name:___________________________________ Tutorial Class:____ Admission No. __________________________ Seat No:____ TIME ALLOWED: 1 HOUR READING TIME: 10 MINUTES TOTAL: 40 MARKS Instructions: 1. Do not turn the page over until instructed to do so. 2. This paper consists of 5 printed pages (excluding cover page). 3. Answer
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enterprise and look upon management as a career. The nature of management as a science‚ as art and as a profession is discussed below : Management as a Science : Development of management as a science is of recent origin‚ even though its practice is ages old. Fredrick W. Taylor was the first manager-theorist who made significant contributions to the development of management as a science. He used the scientific methods of analysis‚ observation and experimentation in the management of production function
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