The 3 Principal Financial Statements I. The balance Sheet Snapshot of the financial condition of a firm - Measured on a given date ASSETS = LIABILITIES + EQUITY • Assets : What you have - INVESTING - USES • Liabilities : What you owe - FINANCING – SOURCES a) Assets • An asset is a resource that has a potential future economic (i.e. generate future cash inflows or reduce future cash outflows). • An asset is recognized when: It is acquired in a past transaction or exchange The
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Explain why market prices are useful to a financial manager. A market price is the current price at which an asset or service can be bought or sold. (investopedia.com). Market prices are very useful to a financial manager. It helps with financial planning and it reflects the value of the assets based on GAAP (which refers to the Generally Accepted Accounting Principles). GAAP is just a set of guidelines that must be followed when it comes to any type of financial practice. Market price is also
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SAINT FRANCIS OF ASSISI COLLEGE 045 Admiral Village‚ Talon III‚ Las Piñas City GRADUATE SCHOOL OF EDUCATION Course Code: EDMA 534 Course Title: Financal Management Professor: Dr. Alfred Orosco Submitted by: Marilou T. Buenaventura MODULE 2 for FINANCIAL MANAGEMENT IN SCHOOLS 1. What general advice would you give to a new school head regarding strategy and planning the finances of a school? Schoolhead has an authority‚ responsibility and accountability to set the vision/mission‚ goals and targets
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hours from their time card. Granted‚ Nordstrom couldn’t enforce this policy‚ but it was implied through bullying tactics‚ casting those that would question this behavior as not being “team players”. Employees were also forced‚ on a personal level‚ to evaluate a trade-off between logging certain hours or not‚ and whether or not those hours would affect their perceived value to management (and whether or not they would receive hours during peak sales time). However‚ as I read on‚ I started to ask what
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The film Pan Negro paints a picture of Catalan‚ Spain‚ after the brutal civil war against the nationalists. By opening with a dark‚ violent scene introducing a murder‚ viewers get a sense of the malicious plot that is to follow. The main character‚ Andreu‚ is a young child who witnessed the murder in the beginning of the film. Andreu’s father is later accused of the murder by authorities. In Cristina Moreira’s piece‚ Spectacle‚ Trauma and Violence‚ she discusses the transition from dictatorship
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University of Phoenix Material Investments Worksheet Answer the following questions in at least 50 words each: What are the main differences between a 401K and a Roth IRA? The main differences between a 401K and a Roth IRA are tax treatment‚ investment options and possible employer contributions. 401K plans and Roth IRAs are both popular tax- advantaged retirement saving vehicles. The two should be considered before determining which one to use. It is possible to contribute to both plans‚ but
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Competition Bikes Inc. Storyline Operational Analysis 03/10/2014 WGU JET2 Financial Analysis Task 2 Introduction In this task‚ the budget schedule and proformas as well as the flexible budget were reviewed. Below you will find my analysis and recommended corrective actions as well as how management by exception applies. Budget Planning Concerns Competition Bikes has a good starting point for a budget but is overall weak and has several budgetary concerns. A few of those items are
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Rank Structure The rank structure can be traced back to the 1700’s. The rank structure was put into place so that the soldiers had someone that was there to give out orders; also the rank structure was there to teach the newer enlisted respect. If the rank structure was not in place‚ there would be no order or discipline in the army. The United States ARMY is the World’s strongest army. And it is all because we have order and discipline throughout all of the ranks. When we know that the person
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Straight Outta Compton is a movie about 5 young men back in the 1980’s who portrayed their life in L.A California Compton into rap music. These five young men were known as‚ Ice cube played by O’Shea Jackson Jr‚ who was the songwriter of the group. Eazy-E Played by Jason Mitchell‚ who was the main singer of the group Dr. Dre played by Corey Hawkins who made the beats of the groups song’s‚ Mc Ren played by Aldis Hodge and Dj Yella played by Neil Brown who was the DJ in NWA’s Group. Their Groups Name
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Investment Trusts Trading At Discount TOPIC # 3 Introduction According to Cheng et al. (1994‚ p.813)‚ ‘an investment trust company (ITC) is a UK public limited company‚ the business of which consists of investing its funds mainly in securities‚ with the aim of spreading investment risk and giving members of the company the benefit of the results of the management of its funds.’ In the UK‚ investment trusts started to form as early as the mid 1800s and helped small investors to diversify
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