Corporate Finance and Investment 1. Define “Working Capital” Working Capital=Current Assets-Current Liabilities =Accounts Receivable + Inventory - Accounts Payable “Working capital is how much in liquid assets that a company has on hand. Working capital is needed to pay for planned and unexpected expenses‚ meet the short-term obligations of the business‚ and to build the business.” 2. Give concrete measures how w.c. can be optimized (receivable‚ inventories (JIT
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Public budgeting systems are systems for making choices of ends and means. The purpose of budgeting is to allocate scarce resources among competing public demands so as to attain societal goals and objectives (Lee‚ 49). Depending upon conditions at a given time in history‚ budgets have tended to emphasize financial control‚ managerial improvements‚ or planning. The government should adopt a biennial budget. Proponents of biennial budgeting believe that the federal government would benefit from
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Developing New Design Strategies in the light of Vernacular Building Heritage Ozgur Dincyurek Assoc. Professor Dr. Ibrahim Numan Eastern Mediterranean University Introduction The ignorance of environmental values/impacts that are ranged from local to regional scales in the design and construction processes‚ burdens the inconveniences of the “contemporary” living milieus. Locality bears particular values in terms of natural‚ built and cultural context that constantly shape the local identity
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BUDGETING AND BUDGETARY CONTROL . Budget A plan quantified in monetary terms and approved prior to a defined period of time‚ usually showing planned income to be generated and for expenditure to be incurred during that period‚ to attain a given objective. The preparation of budgets is not something that can be carried out by accountants alone. It requires the participation of many managers and other personnel to ensure that the plans for the forthcoming period are translated
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none of these reforms have been made before this election. The BN-led government lacked the political will to act on the allegations of grand corruption made against some BN leaders. Under the Government Transformation Plan‚ TI-M had hoped that new laws would be introduced to regulate political financing to stop politicians from using their party’s name to solicit funds. Currently‚ there are no limits to the amount of donations political parties and candidates can receive from special interest
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places on earth that people might look at them as the symbol of arts‚ source and origin of some cultures and also religions. These World Cultural heritages include tangible culture (such as buildings‚ monuments‚ landscapes‚ books‚ works of art‚ and artifacts)‚ intangible culture (such as folklore‚ traditions‚ language‚ and knowledge)‚ and natural heritage (including culturally significant landscapes‚ and biodiversity). Nowadays‚ there is an organization that claimed themselves as
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Cliff Frontera MUSC. 3101 Heritage Music Paper Heritage music is an essential type of music to United States culture. This music carries a culture and history of other nations. In fact‚ this type of music is the foundation of many cultural groups. It allows individuals to identify with a particular group. It additionally‚ has elements that are deeply embedded in cultural history. This type of music keeps groups of individuals together‚ regardless of geographical boundaries. Klezmer and Irish
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nay đã đem đến những thay đổi sâu sắc trong nền kinh tế thế giới. Mục lục I. Tổng quan về cuộc khủng hoảng tài chính toàn cầu 2008 – 2009 Thế nào là khủng hoảng kinh tế?............................................................................... 4 Nguyên nhân của cuộc khủng hoảng tài chính toàn cầu 2008 – 2009………………. 7 Diễn biến của cuộc khủng hoảng tài chính toàn cầu 2008 – 2009…………………… 10 II. Những thay đổi sâu sắc trong nền kinh tế thế giới Hậu quả của khủng hoảng tài chính toàn cầu
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Internal capital rationing Impositions of restrictions by a firm on the funds allocated for fresh investment is called internal capital rationing. This decision may be the result of a conservative policy pursued by a firm. Restriction may be imposed on divisional heads on the total amount that they can commit on new projects.Another internal restriction for capital budgeting decision may be imposed by a firm based on the need to generate a minimum rate of return. Under this criterion only projects
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1960’s‚ and shows of the social differences that blacks would experience during this black power movement. Many blacks in America don’t think or care about their heritage and ancestry‚ but some focused on connecting with past roots. Alice Walker shows through the story of the two different ways of dealing with African American pasts and heritage. At the beginning of the story‚ Maggie‚ the narrator’s daughter‚ shows signs of the scars from slavery. By doing this when we are first introduced to Maggie
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