CHAPTER 1 AN OVERVIEW OF FINANCIAL MANAGEMENT General Directions: Encircle the letter of the correct answer on the space provided for. 1. The primary goal of a publicly owned corporation is to ________. a. maximize dividends per share b. maximize shareholder wealth c. maximize earnings per share after taxes d. minimize shareholder risk 2. A financial manager is considering two projects‚ A and B. A is expected to add P5 million to profits this year while B is expected
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Name: Tanasha Duncan Territory: Anguilla School: Albena Lake Hodge Comprehensive School Centre #: 020001 Registration #: 0200010174 Subject: Accounting Acknowledgements………………………………………………………. 3 Introduction………………………………………………………………. 4 Methodology……………………………………………………………… 5 Module One……………………………………………………………………… 7 Aim and Objectives………………….…………………… 8 Related Literature……………….……..………………… 9 Presentation‚ Analysis and Interpretation of Data...…. 10 Conclusion………………………………………………
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product 6 By process 6 By type of customer 7 Size 8 Ownership structure 9 business environment 9 M3: 10 Politics: 10 Economy: 10 Social: 10 Technological: 11 Legal: 11 Environment: 11 M1: “Explain the points of view from different stakeholders seeking to influence the strategic aims and objectives of two contrasting organisations” The two contrasting companies chosen are: The private company is schuurman schoenen‚ this is a franchise company. The franchise is taken on
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Selecting A Form of Business Ownership Outline Introduction A. The Learning Goals of this chapter are to: 1. Describe the advantages and disadvantages of a sole proprietorship. 2. Describe the advantages and disadvantages of a partnership. 3. Desribe the advantages and disadvantages of a corporation. 4. Explain how the potential return and risk of a business are affected by its form of ownership. 5. Describe methods of owning existing businesses. B. One of the most important decisions
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Answer: • Sole proprietorship: A sole proprietorship is a business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has total and unlimited personal liability of the debts incurred by the business. • Partnership: A partnership is a form of business in which two or more people operate for the common goal of making profit. Each partner has total and unlimited personal liability of the debts incurred by the partnership. There are
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decide which form of organization will work best for your business and what are the pros and the cons for each of them. The basic forms of organization are the sole proprietor‚ partnership and corporations. Sole proprietorship can be the least expensive type of business structure to start because to start this all you need is a license from local or state government. They can have fewer regulations and all the profits stay with the owner. On this business the tax treatment is flow through but the tax
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former may be established before a company is formed while the latter is a collaboration of 2 or more existing entities forming a tie. It must be cleared though that a joint venture is still a partnership. Another important point to take note is that a joint venture can be limited to a specific time or project‚ or a formation of another separate entity from two business entities. One main reason why companies joint ventures is expansion. Since one company may not be able to take the financial
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its output can be sold on a consistent basis in order to make a profit. Businesses can be privately owned‚ not-for-profit or state-owned. Business also can have a number of different types of owner depending on the aims and objectives of the owners. There are different types of Business organization. The main types of Business organization are as follows. 1) Sole proprietor - Most small business started out a sole proprietor. There are usually owned by one person. (An individual who has day-to-day
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proprietorships and general partnerships Corporations Questions 100% 1 2 3 100% 4 5 6 100% 7 8 9 100% 10 11 12 100% 13 14 15 100% 16 17 18 Limited partnerships and special partnerships Score: 18 / 18 Limited liability companies and limited liability partnerships Franchising‚ licensing‚ and joint ventures Alternative forms of dispute resolution Concept: Sole proprietorships and general partnerships Mastery 100% Questions 1 2 3 1. Identify an accurate statement about
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Businesses that do not extract raw materials nor make the products themselves Ikea‚ Sainsbury’s‚ Tesco http://www.start.biz/business_names/ Introduction: In this unit‚ I will be explaining different type of business that can be found within the environment in the UK and their ownership types‚ the characteristics of the businesses that I will choose to talk about and their ownerships. I will identify businesses of contrasting field: their sizes‚ their purposes‚ and evaluate the effect of the businesses
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