ASSIGNMENT BMMF5103 MANAGERIAL FINANCE 15 July 2013 QUESTION 1 a) Maximizing shareholder wealth is a “moral imperative” for financial manager means managers are supposed to work for shareholders who are the actual owners of a company or corporation. Shareholders elect company directors who in turn hire managers to run the company on day to day basis with the view to make profit for the company. Managers are paid for their services rendered to
Premium Financial ratios
Current Location ? .HBLC_4124_ACC_202_J002_32368 ACC 202: Managerial Accounting (4124_J002) Quizzes Take Test: Chapter 05 . . Menu Management Options Expand AllCollapse All ..Course Menu:BLC_4124_ACC_202_J002_32368 (ACC 202: Managerial Accounting (4124_J002)) H Announcements . Syllabus . PowerPoint Slides . Tutoring Schedule . Connect . Extra Class Exercises . Quizzes . Exams . My Grades . Help . Take Test: Chapter 05 .Content Assistive Technology Tips [opens in
Premium Contribution margin Variable cost Management accounting
also asked you to determine whether a case can be made for excess storm-related sales during the same period. If such a case can be made‚ Carlson is entitled to compensation for excess sales it would have earned in addition to ordinary sales. Managerial Report Prepare a report for the managers of the Carlson Department Store that summarizes your findings‚ forecasts‚ and recommendations. Include the following: 1. An estimate of sales had there been no hurricane. 2. An estimate of countywide
Premium Time series analysis Data analysis Moving average
1. Basic Concepts Product cost = Direct Labor (DL) + Direct Materials (DM) + Manufacturing Overhead (MOH) Financial accounting Managerial Accounting + Sales + Sales - COGS - Variable Costs = Gross Profit = Contribution Margin - SG&A - Fixed Costs = Net Profit = Net Profit COGS (Cost of Goods Sold) is an “inventoriable cost” ( recorded in the Balance Sheet as inventory and expensed (Income Statement) when goods are sold SG&A (Selling‚ General & Administrative) are
Premium Costs Management accounting Cost
Republic of the Philippines Nueva Ecija University of Science and Technology College of Management and Business Technology Managerial Plan Japanese Cuisine Restaurant Introduction Japanese cuisine is the food—ingredients‚ preparation and way of eating—of Japan. The traditional food of Japan is based on rice with miso soup and other dishes‚ each in its own utensil‚ with an emphasis on seasonal ingredients. The side dishes often consist of fish‚ pickled vegetables‚ and vegetables cooked
Premium Japanese cuisine Tofu Sushi
general ethics to business behavior ‚its is the extension of individual/group ethics to business situations. Source:http://www.slideshare.net/ajithsrc/hrm-ethics Managerial Ethics: 1. Managerial ethics are a set of standards that dictate the conduct of a manager operating within a workplace. Author: Alex Burke 2. Managerial Ethics: Ethical management is the knowledge of standards in both accounting and corporate governance‚ and recognition of the link between ethics and organizational
Premium Ethics Business ethics
Chapter7&8 discussion questions CHAPTER 7 Discussion Questions : #2. Why is there a trend toward cross-functional integrated enterprise systems in business? Due to positive turnout of many businesses‚ cross-functional integrated systems is not only becoming a trend but will be here to stay. The whole system provides savings from time‚ cost and quality compared to manually re-entering of data from one business function system into another system especially if it is still on a non-integrated
Premium Accounting software Supply chain management Accounts receivable
Managerial Accounting Reality Check Summaries Professor Shin Hee-Lim Shin 1001006 Reality Check – What’s your blog’s ROI? Summary ROI has been always one of the important factors to determine how profitable the business is doing. However‚ for until last few decades‚ ROI was only implementing to evaluate the hard assets like buildings and equipment. But in nowadays‚ many companies are using ROI to evaluate the investment in technology‚ such as blog. As a following example‚ it shows that
Premium Time Corporation Economics
EXECUTIVE SUMMARY The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. The executive branch proposed a minimum wage of HK$30 (~US$3.871) per hour in November 2010‚ which the Legislative Council voted to accept after much debate in January 2011. It came into effect on 1 May 2011. Prior to this‚ there had also been a fixed minimum wage for one specific class of workers‚ foreign domestic
Premium Minimum wage Wage Employment
Table of Contents Executive Summary2 Background3 Objective3 Results Obtained4 Recommendation4 Rationale5 Managerial Report6 Appendix11 Executive Summary background Darby Company manufactures and distributes meters used to measure electric power consumption. The company has production plants in El Paso‚ Texas and San Bernardino‚ California. The company also has three distribution centers in Fort Worth‚ Texas; Santa Fe‚ New Mexico; and Las Vegas‚ Nevada. The company has nine customer
Premium Supply and demand Costs