...Chapter 4 Cash Flow and Financial Planning ( Instructor’s Resources Overview This chapter introduces the student to the financial planning process, with the emphasis on short-term (operating) financial planning and its two key components: cash planning and profit planning. Cash planning requires preparation of the cash budget, while profit planning involves preparation of a pro forma income statement and balance sheet. The text illustrates through example how these budgets and statements are developed. The weaknesses of the simplified approaches (judgmental and percent-of-sales methods) of pro forma statement preparation are outlined. The distinction between operating cash flow and free cash flow is presented and discussed. Current tax law regarding the depreciation of assets and the effect on cash flow are also described. The firm’s cash flow is analyzed through classification of sources and uses of cash. The student is guided in a step-by-step preparation of the statement of cash flows and the interpretation of this statement. This chapter ties in every person’s need to set goals, estimate income, and budget expenditures to the firm’s need to effectively engage in these activities. ( Answers to Review Questions 1. The first four classes of property specified by the MACRS system categorized by the length of the depreciation (recovery) period are called 3-, 5-, 7-, and 10-years property: |Recovery Period |Definition ...
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...Court Observation #2 The first court that I had ever attended was a district court in Suffolk, Massachusetts the judge was Fernando r. macias I went to the court on October 13, around 10:30. When I first walked in there were a lot of people there I wasn’t expecting that at all. Security was higher than at the magistrate court. There were attorneys there but they stand next to there defendants at all times since it was still assembly justice so the trials didn’t go on for days if the most for about 30 minutes. The first case I had a chance was already on its way so I don’t know how long it had been going on for. The defendant was wearing a dark blue jump suit. As well as he had some chains aournd his waist and hand handcuff. The defendants name was victor. The thing that I found different was that he was a juvinilla and the trial was still open to the public which was not normal ive been told that in all cases minor cases aren’t open to the public. This individual had 16 charges against him the parole officer didn’t go into detail of the previous offenses or for that matter she didn’t talk much about the current offense I had missed that part. The prosecutor brought his to testfy which I thought was something really crazy. The defendant must have been really bad since his mom testified against him not many parents would do that unless they think that they are worst of being left of the hook. I did hear something about domestic violence I just didn’t...
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...Adobe® Flash ® CS4 Professional Read Me Welcome to Adobe® Flash® CS4 Professional software. This document contains late-breaking product information, updates, and troubleshooting tips not covered in the Flash® CS4 Professional documentation. Minimum system requirements Install your software Uninstall your software Purchase from a trial Electronic licensing Registration information Font installation Known issues Customer care Other resources Minimum system requirements Flash CS4 Professional system requirements are located here. Install your software 1. Before you install, close all applications currently running on your system—including other Adobe applications, Microsoft Office applications, and browser windows. It is also recommended to temporarily turn off virus protection during the installation process. 2. You must have administrative privileges or be able to validate as an administrator. 3. Do one of the following: Windows®: o Insert the DVD in your drive, and follow the on-screen instructions. If the installer does not launch automatically, navigate to the Adobe CS4 folder found at the root level on your disk and double-click Setup.exe to start the installation process. o If you downloaded the software from the web, open the folder, navigate to the Adobe CS4 folder, double-click Setup.exe, and then follow the on-screen instructions. Macintosh: o Insert the DVD in your drive, and follow the on-screen instructions. If the installer does not launch automatically, navigate...
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...The Son-Rise Program Octavio Ponce BSHS-471 November 12, 2014 Jill Kulbock Carlson The Son-Rise Program It is important in a human service program in its design to efficiently and effectively deliver to those services to the clients. In this paper, I will discuss the Son-Rise Program and its delivery to children that are diagnose with Autism. Families have a difficult time because they are unaware that children with Autism need that special attention and do not know how to communicate with their child. The Son-Rise Program gives them hope to bond and understand their child and create a positive environment and try to give them a better future. In Colorado, Growing Minds, an agency specializing in autism intervention is at the forefront of using this program and the outcomes results are very positive. The design and delivery of the Son-Rise Program will be discuss and examined. Autism What is Autism? Autism is known as a complex developmental disability. Experts believe that Autism presents itself during the first three years of a person's life. The condition is the result of a neurological disorder that has an effect on normal brain function, affecting development of the person's communication and social interaction skills. In the case of Autism, children are the population that are diagnose with this disorder. People with autism have issues with non-verbal communication, a wide range of social interactions, and activities that include an element of play and/or banter...
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...National Income in India, Concept and Measurement General Economics National Income • National income is the money value of all the final goods and services produced by a country during a period of one year. National income consists of a collection of different types of goods and services of different types. General Economics: National Income in India, Concept & Measurement 2 National Income • Since these goods are measured in different physical units it is not possible to add them together. Thus we cannot state national income is so many millions of meters of cloth. Therefore, there is no way except to reduce them to a common measure. This common measure is money. General Economics: National Income in India, Concept & Measurement 3 Basic Concepts in National income • Gross domestic product • Gross domestic product at constant price and at current price • Gross domestic product at factor cost and Gross domestic product at market price General Economics: National Income in India, Concept & Measurement 4 Basic Concepts in National income • • • • Net domestic product Gross national product Net national Product Net national product at factor cost or national income General Economics: National Income in India, Concept & Measurement 5 Gross Domestic Product • Gross domestic product is the money value of all final goods and services produced in the domestic territory of a country during an accounting...
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...Liquidity Ratios- Generally, the higher the value of the ratio, the larger the margin of safety that the company possesses to cover short-term debts. Current Ratio-The ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash, inventory, receivables). The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign. Quick Ratio - The quick ratio is more conservative than the current ratio, a more well-known liquidity measure, because it excludes inventory from current assets. Inventory is excluded because some companies have difficulty turning their inventory into cash. In the event that short-term obligations need to be paid off immediately, there are situations in which the current ratio would overestimate a company's short-term financial strength. Leverage Ratio Any ratio used to calculate the financial leverage of a company to get an idea of the company's methods of financing or to measure its ability to meet financial obligations. There are several different ratios, but the main factors looked at include debt, equity, assets and interest...
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...XECO/212 Week 3 Check Point Historical Example of Labor supply and Demand: The Technology Boom of the 1990’s Today in 2013, I am 35 years old. You could pretty much say that I grew up during the technology boom of the 1990’s. Supply and demand, in my opinion served these times well. If you looked at the economic trends in the early 1990’s you see that these robust economic times started in March of 1990 and ended in recession in March of 2001. In 2001 President George W. Bush was commander in chief. The eight years of economic growth was during President Bill Clinton’s time in office and the technology economic trend grew from a pebble to a boulder. Jobs were plentiful and the stock market was thriving. This really had all supply and demand markets clicking on all cylinders. My take on supply and demand during the 90’s tech boom era is simple. New technology de4velopments came about slowly and then took off like a rocket ship in several forms. Home video game consoles, cellular phones, VHS and DVD formats, stereos, computer and vehicles all received a dramatic make over in the 1990’s The demand for more of these technological device formats became higher and higher at this point in history. The satisfaction of this demand required more development and manufacturing expansion. Factories needed to built or expanded. This construction need required more workers to be hired. The prosperity of construction in the 1990’s fed and strengthened the economy. Companies like Nintendo...
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...corporations and governments who promise to make interest/principal payments to bondholders Types of Bonds (1) Corporate bonds , (2) Treasury bonds, (3) Municipal bonds, or “munis”, (4) Foreign bonds By Collateral: (1) Mortgage bonds, (2) Debentures By Coupon: (1) Regular bonds (2) Zero-coupon bonds Par Value (M): The stated face value of a bond, normally $1,000 Maturity Date: The date on which the bond life ends and the par value has to be repaid to the bondholder. Coupon Interest Rate (iC): The stated interest rate based which periodic interest payments (INT) are calculated. Coupon Bond INT=iC* M ic is normally fixed for life, but can be a floating rate attached to indices like inflation rate. Bond Required Rate (rd): The interest rate determined by the market condition and the risk of the bond, also called the yield to maturity of a bond. Sinking Fund; Provision to pay off a loan over its life rather than all at maturity.Similar to amortization on a term loan. Reduces risk to investor, shortens average maturity.But not good for investors if rates decline after issuance.Two Ways of Handling A Sinking Fund: Call x% at par per year for sinking fund purposes.Buy bonds on open market. Bond Valuation :Bond Value: It is determined by the present value of its expected future cash flows. Yield to Maturity (YTM) Definition: It is the annualized rate of return on a bond if the bond is held to maturity. Computation: In the bond valuation formula, find out rd for a...
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...I. COMMITMENT TO PUBLIC INTEREST * How can you show your commitment to public interest? Public Office is a public trust , therefore I am bound to commit myself as a public servant to obey due diligence of a good mother of the family in the exercise of my duty as Election Officer in the Commission on Elections. My decision should be guided well on how to use the resources and powers which should be used for the betterment of the community and for the welfare of the people in general. Firstly, dedication to work is very important and this will help me decide on how to work efficiently by organizing the agenda and work plans for the day so that there would be a smooth flow of output in the accomplishment to whatever reports needed. Secondly, by using conscientiously the knowledge and experiences in the assigned work in the office, sometimes it counts when there is a devotion and dedication in the assigned task . Thirdly, honesty is the best policy ,especially with the disposition of office supplies and funds in the Office, my duty is to dispose it properly and all accounted for and recycle some office supplies . Lastly, by exercising the cost-effective way to use the resources in the office simply by not wasting money for nothing or unnecessary expenses in this case it will help the government to augment important projects for the people. II. PROFESSIONALISM How can you become more professional? How can you improve the work you do in the office to improve...
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...1. Affable: (adj.) courteous and pleasant, sociable, easy to speak to 2. Aggrandize: (v.) to increase in greatness, power, or wealth; to build up or intensify; to make appear greater 3. Amorphous: (adj.) shapeless, without definite form; of no particular type or character; without organization, unity, or cohesion 4. Aura: (n.) that which surrounds (as an atmosphere); a distinctive air or personal quality 5. Contraband: (n.) illegal traffic, smuggled goods; (adj.) illegal, prohibited 6. Erudite: (adj.) scholarly, learned, bookish, pedantic 7. Gossamer: (adj.) thin, light, delicate, insubstantial; (n.) a very thin, light cloth 8. Infer: (v.) to find out by reasoning; to arrive at a conclusion on the basis of thought; to hint, suggest, imply 9. Inscrutable: (adj.) incapable of being understood; impossible to see through physically 10. Insular: (adj.) relating to, characteristic of, or situated on an island; narrow or isolated in outlook or experience 11. Irrevocable: (adj.) incapable of being changed or called back 12. Propensity: (n.) a natural inclination or predilection toward 13. Querulous: (adj.) peevish, complaining, fretful 14. Remonstrate: (v.) to argue or plead with someone against something, protest against, object to 15. Repudiate: (v.) to disown, reject, or deny the validity of | WOWs Week 11 - 1.inadvertent - (adj.) resulting from or marked by lack of attention; unintentional, accidental 2.nominal - (adj.) existing in name only, not real; too small...
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...Plea Bargaining Paper Barry Jones CJA/224 May 21, 2014 John Chancler Plea Bargaining Paper Plea bargaining is essential in our courts for the simple reason that it allows for fewer cases going to trial. Approximately 90-95 of all cases are plea bargained. If not for plea bargaining our courts would always be tied up and the time a case could go to trial would take a very long time. Plea bargaining is just one part of our lengthy legal process, but it helps our courts out. Plea Bargaining A plea bargain is a negotiated agreement between a criminal defendant and a prosecutor in which the defendant agrees “guilty” or “no contest” to some crimes, along with possible conditions, such as attending Alcohol Anomalous classes in return for a reduction in the severity of the chargers, dismissal of some of the chargers, or some other type of benefit to the defendant (“Plea Bargaining Law and Legal Definitions”, 2015). The defendant must hold their end of the deal that was agreed upon such as pleading guilty on a specific date, and cooperating in the investigation of another offence or testifying against a co-defendant or the plea bargain may be revoked. Charge Bargaining and Sentence Bargaining Charge bargaining is when the prosecutor negotiates with the defendant in the terms of the chargers that could be filed against the defendant. Both parties must agree to the terms of the Bargaining and the...
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...Chapter 1 Discussion Paper Jenna Bagala 31979 Social Psychology According to Social Psychology: Sociological Perspective, culture is defined as “A society’s set of unique patterns of behaviors and beliefs” (Rohall, Milkie, and Lucas 24). There are many different cultures in the world today. People form social norms from their cultures, which is why to someone else what they find normal could be bizarre. My culture is a mix of Italian, American, Christian and even some Jewish traditions, which in itself is its own culture. My family speaks English and is very American. My father is Italian so he carries on some Italian traditions. For example we eat a lot of Italian cuisine and my father cooks a lot of Italian food. Another traits Italian always have is that family is the most important thing. That is very true in my Italian family. Every morning we drink coffee together. My family is also Christian, and we attend church every Sunday. After church on Sundays we have a nice, huge sit down dinner. We pray before every meal together. My parents are originally from New York, and they have brought their traditions from New York to California. They grew up with a lot of Jewish friends and so they carry on some Jewish traditions even though we are Christians. We play the Dreidel game and eat Jewish food. My family eats fish every Christmas Eve to carry on my father’s tradition in his Italian family back in New York. Also on Christmas Eve...
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...Gender Identity Paper Khadija Kemp Psy/340 November 26, 2012 Instructor: Diane Snyder It appears as if the human body has been created to perform at its fullest potential according to just the right combination of hormones. Hormones are chemicals that are secreted from particular cells that flow into the bloodstream and then transported into a variety of body parts responsible for acting on certain tissues. These hormones affect physical and mental aspects of the human being. (Priya Johnson, 2011) The monthly menstrual cycle is just one of many biological factors that determine how hormones work in women. It is a very common for women to behave in a certain manner during the time of their menstrual cycle. Women are more prone to crave sex and have their sexual desire increase during the time of their menstrual cycle. Mood swings are known to occur frequently and without warning. Studies reveal that as women near their ovulation cycle, they will eat less and have greater sexual desire. They will pay closer attention to the opposite sex, become more flirtatious and even dress in a sexier manner to attract men. All of this happens as a result of the hormonal fluctuations occurring during the menstrual period. (Priya Johnson, 2011) Pregnancy and childbirth are other biological factors associated with hormone and behavior. A woman experiencing pregnancy is vulnerable to a variety of behavioral changes during this time. Pregnant women are known to go from...
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...1 Court History and Purpose Francisco Duverge CJA/224 March 20th, 2015 Linda Robinson 2 Courts have been an integral parts of modern society as well as in ancient times pre dating back to the early days in the country of England. Lots have changed in the way the system operates, as now there are different levels and structures to better serve the citizens in disputed matters. A court is defined as an agency or unit of the judicial branch of government, authorized, or established by statute or constitution, and consisting of one or more judicial officers, which has the authority to decide upon cases, controversies in law, and dispute matters of fact brought before it. Siegel, Schmalleger & Worrel, (2011). Courts are agencies that dispute matters and resolve as well whenever a case has been brought up. There are different levels of courts in States, Federal and even civil. Courts are empowered to make decisions that are binding. Schmalleger, (2011). Courts provide important oversight in making sure citizens are treated in accordance to the law and afforded any legal representation that an accused needs when it stands accuse of a crime. There the court will mediate in the...
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...Jesus and Muhammad paper It has always been conflict and confusion between Muslim world and the Christianity In fact they are more alike than we think even though they were born at different times in different part of the world Jesus was born in Bethlehem over 2,000 years ago (Jesus central) Muhammad was born 570 CE (Albalagh) . Both these two men served similar purpose while they where on earth, Jesus pushed Christianity and Muhammad pushed Islam around the time when Judaism was strong, Jesus, Muhammad known to introduce, and strengthening both respective religion. (Associated content) In this paper I will explain the history of both men and compare what conclusion their lives and death had on both of their religions and how it influence their followers Jesus was born in Bethlehem in the fourth year before the Common Era (or BCE). Mary and Joseph was Jesus earthly parents, shepherds came to see Jesus the shepherds told, about the birth by God’s angels. They thought Jesus (God saves) their savior. (Associated content) When Jesus was young around twelve year old he when to Jerusalem with his earthly parents for Passover, he was lost in a crowd as soon as they have found him he was in a temple talking about the torah with the rabbis. His knowledge was not like an ordinary twelve year old child it was beyond that as they were leaving the temple he made an comment to his earthly parents Did you not know that I would be in my father’s house? Jesus made that...
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