to have cash ready as needed, but first she needs a forecast of just how much she should borrow. Accordingly, she has asked you to prepare a cash budget for the critical period around Christmas, when needs will be especially high. Sales are made on a cash basis only. Koehls purchases must be paid for during the following month. Koehl pays herself a salary of $4,800 per month, and the rent is $2,000 per month. In addition, she must make a tax payment of $12,000 in December. The current cash on hand
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inspectors. This is where they discovered a previous inspector’s financial life-style was more than his income. After interviewing an past bookkeeper of Art Metals they had testimony that they did in fact bribe GSA inspectors and they even had a petty cash fund that they used to pay for their meals and hotels. According to Wells (2011) “bribery may be defined as the offering, giving, receiving, or soliciting anything of value to influence the decisions of government agents.” In this case they were paying
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Types of foreign exchange exposure Transaction exposure: : value of outstanding financial obligations incurred prior to change in exchange rates but not due to be settled until after the exchange rates change(deals with changes in cash flows that result from existing contractual obligation) Ex: when a firm buys a forward exchange rate contract it deliberately creates a transaction exposure. 4 option available to manage the exposure 1. Remain unhedged(might gain or lose) 2. Hedge in the
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のコピー （January 2009 – June 2009） * Petty cashの帳簿のコピー * 使用した1年分のCHQ Book (404448 – 405139) 4044448 – 40500 (CHQの耳) 405001 – 405139 (コピーしました) * 毎月のWages & Superannuation Summary * 支払い済みのTax Invoiceのファイル 1/7/2008 – 31/12/2008と1/1/2009 – 30/6/2009の２つ 以下の資料は、ＵＳＢに入っています。 * CASHFLOW MANAGER – BACK UP * WAGES MANAGER – BACK UP * Excel – Wages and Superannuation Reconciliation 以下の資料は、現在作成をお願いしています。出来次第、持ってきます。 * Petty Cashの残高を証明する手紙 * 保護者に送られる授業料、入学金案内の手紙
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TGF 3.2 - Fantasy time You've heard of fantasy football league or maybe you are looking forward to that briefest of spells in the summer when football stops, but for now it's fantasy business time!!! Enjoy this weeks TGF, but don't get too carried away!!!! The second of the TGFs associated with book 3 is below. Please ensure you join in, it will help you understand the course and is also contributing to your TMA score. Purpose: To consider the kind of accounting information that you would need
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First was an investment of $350 million by Andrew Group. Investments made by Andrew Group will relax the Cash flow position of Marvel. It will in turn increase its net cash reserves, after the acquisition of Toy Biz, by $33.5 billion. Next, as just mentioned was the acquisition of Toy Biz. Toy Biz is engaged in the business of manufacturing toys based on Marvel characters. It generates cash flows of approximately $60 million per annum which can be used to service Marvel’s debt. Moreover, profits
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Investment Analysis and Lockheed Tristar Rainbow Products Part A Cash Flow -35000 5000 Payback period IRR NPV Decision 5000 5000 5000 5000 5000 11.49% (Rs.945.68) NO WACC 12% WACC 12% -35000 4500 Payback period IRR NPV Decision Payback period IRR NPV Decision 5000 7 years Part B Cash Flow Initial Yr 1 to infinity Part C Cash Flow -35000 5000 7.78 years 12.86 % 2500 Yes 4000 4160 4326.4 4499.456 4679.434
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DOWN TO BUSINESS Poppy had suggested they go some place else, and Vinny was happy to comply. Doing business in a strip joint wasn't the worst idea in the world, plus she seemed pretty intent on going there to talk about everything. "I'll meet you outside the club when you're ready." He didn't know if she wanted to change, so he decided to leave the dressing room in order to give her some privacy. Her buff bodyguard looked as though he was on the verge of attacking Vinny, but the rapper just grinned
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| |Which of the following controls would most likely reduce the risk of | |diversion of customer receipts by a client's employees? | |a) A bank lockbox system | |b) Prenumbered remittance advices | |c) Monthly bank reconciliations | |d) Daily deposit of cash receipts
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Corporation's cash flow turned negative last quarter, falling to $-1.40 billion from the $1.07 billion reported in the same quarter a year ealier. This underscores what is now a very negative trend of very rapidly deteriorating profitability considering its twelve month trailing cash flow is also down significantly to $-1.40 billion from $1.07 billion in the twelve months ended a year ago. The company's liquidity is not only remarkable but the current amount of debt it carries relative to the cash flow it
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