Accountants usually categorise employees as a liability due to their wages and superannuation. But in the place where companies offer services instead of goods, we often hear that human resources or people are the most valuable asset. The reasons why businesses don’t usually value human assets are: (1) in practice we just haven't worked out a proper way to value these people and it is difficult; (2) some companies also believe that they do not own people and therefore should not account for them
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the Chief Scribe is the efficiency that each farmer conducts his work. This efficiency can be evaluated by showing the relationship between total debt and total assets (debt ratio), as well as the relationship between current assets and current liabilities (current ratio). Furthermore, by incorporating each of these ratios one can realize which of the two nobles were able to utilize their assets more efficiently. BALANCE SHEET ANALYSIS Once looking over the Balance Sheet I was able to calculate
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AIR BERLIN & EASYJET FINANCIAL COMPARISON 2009 -2011/12 MARKING GRID FOR STUDENTS |CRITERIA |Total marks |COMMENTS | | |available | | | |% | | |Quality of presentation:
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Business Analysis Part Two MGT 521 October 8, 2012 Business Analysis Part Two The Lockheed Martin (LM) Corporation has just reached a milestone of 100 years of services whereas building relationship as a reputable leader in the industry. The company continues to undertake changes in the past decades despite the troubling business environment. They have continued to record another year of superb financial results through operational guidance and service. Their ability to provide
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PROJECT A - Case 9-30 Student Name: xxx SALES BUDGET: April May June Quarter Budgeted unit sales 65,000 100,000 50,000 215000 Selling price per unit 10 10 10 Total Sales 650,000 1,000,000 500,000 2,150,000 26000 SCHEDULE OF EXPECTED CASH COLLECTIONS: 40000 April May June Quarter 20000 February sales $26,000.00 $- $- $26,000.00 86000 March sales
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some money as capital into his business, in accounting records, it is treated as liability of the business to the owner. Here, one separate entity (owner) is assumed to be giving money to another distinct entity (business unit). Similarly, when the owner withdraws any money from the business for his personal expenses(drawings), it is treated as reduction of the owner’s capital and consequently a reduction in the liabilities of the business. The accounting records are made in the book of accounts from
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(A) Date Description Ref Debit Credit 1-Mar Cash 101 10244 L. Eddy, Capital 301 10244 1-Mar Equipment 157 5,620 Cash 101 2,810 Accounts Payable 201 2,810 Cleaning Supplies 128 1200 Accounts Payable 201 1200 Prepaid Insurance 130 1200 Cash 101 1200 Accounts Receivable
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other products, the Tootsie Roll Industry has maintained an innovative stand within the market. Expanding production of new products and manufacturing buildings the Tootsie Roll Industry are in need of a loan that will help increase the company’s liability by 10%. To accomplish this increase an adequate loan package will help in seeking for those needed funds. The loan package will include a liquidity ratio, solvency ratio, and profitability ratio explaining how and why the loan will be beneficial
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The balance sheet Equity= assets - liabilities current assets cash inventories Financial statements: Balance sheet current liabilities ! ! ! long-term liabilities equipment plant ! ! total shareholders equity stock ! long-term debt ! accounts payable ! acc receivable fixed assets retained earnings ! total assets x total liabilities + equity x Figure 2 example of a balance sheet Financial snapshot: 1 moment in time Assets against the claims Liability: obligation to deliver something of value in the future
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BEAUTY SALON Business Plan BEAUTY SALON Business Plan Contents 1.0 Executive Summary 2 1.1 Objectives 3 1.2 Keys to Success 4 2.0 Company Summary 4 2.1 Start-up Summary 5 2.2 Target Customers 6 2.3 Management 6 3.0 Services 7 4.0 Industry Analysis Summary 7 5.0 Market Analysis 9 6.0 Strategy and Implementation 9 6.1 Competitive Edge 10 6.2 Marketing 11 6.3 Promotional Strategy 12 7.0 Financials 13 7.1 Sales Forecast 13 7
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