measured reliably. Companies can recognize partial completions of service contracts when they can measure revenues and costs reliably, and there is a probability of realizing profits. Receivables Receivables refer to cash or cash equivalents deferred into the future. Cash equivalents are liquid assets, such as Treasury bills, certificates of deposit and money market accounts. Discounting involves
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FINANCE 611: CORPORATE FINANCE FALL 2015 Prof. Jules H. van Binsbergen Office: 2453 Steinberg Hall-Dietrich Hall Email: julesv@wharton.upenn.edu Office hours: By Appointment Course Website: Available on Canvas COURSE DESCRIPTION This course is an in-depth introduction to finance with an emphasis on applications that are vital for corporate managers. We will discuss most of the major financial decisions made by corporate managers both within the firm and in their interactions with investors
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rate ____% 2. The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $ 6,700 Assets $22,050 Debt $ 8,050 Costs 3,850 Equity 14,000 Net income $ 2,850 Total $22,050 Total $22,050 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year’s sales are projected to be $7,906. What is the external financing needed? (Do not round intermediate calculations
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Lovely Professional University Case study on student record keeping system Name Abhishek Bhatt Regd. No. 11109390 Roll No. A21 Section K1104 Submittked By Submitted to Abhishek Bhatt
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liabilities. Due to the lack of authority, accounting practitioners create diversity (“Emission Trading Schemes” 5). Two models or treatments are developed to account for these rights. 1) The inventory model: when the emission credits are received as a grant from the government, they should be accounted as inventory and measured at historical cost or the fair market value at the date they were issued. Under this treatment, emission rights will be classified on the balance sheet based on the year of expected
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Introduction In the expansion of Acme Home Improvements to Mexico City, an information system management plan needs to be established in order to oversee employment and management, as well as meet the needs of Acme’s stakeholders including employees, customers, suppliers, shareholders and investors. The plan has a goal of improving aspects such as sales and marketing, budgeting, planning, hiring and training all while using technology to assist in the assignment of roles, and to discover correlations
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The future value of an investment will increase when | | |the number of years increases. | | | |the interest rate increases. | | | |both a and b. | | | |none of above. | Question 2 When the
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• It usually contains historical data derived from transaction data, but it can include data from other sources. Finance, Marketing, • Data warehouse can be: Subject Oriented Integrated Nonvolatile Time Variant Inventory SAP, Weblogs, Legacy Identical reports produce same data for different period. daily/monthly/quarterly basis Why Data Warehouse • • • • Provide a consistent information of various cross functional activity. Historical Data. Access, Analyze and
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Efficient portfolio & Stock market efficiency Prepared by: Ahmed Mohamed Ahmed Zaki Nofal Submitted to: Dr.Tarek el Domiaty Modern portfolio theory Modern portfolio theory (MPT) is a theory of finance which attempts to maximize portfolio expected return for a given amount of portfolio risk, or equivalently minimize risk for a given level of expected return, by carefully choosing the proportions of various assets. Although MPT is widely used in practice in the financial
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Topic 1: Introduction to financial accounting Accounting: process of identifying, measuring and communicating economic information to allow informed decisions by the users of that information. Management accounting: focuses on provision of info to users within the enterprise. ------------------------------------------------- Financial performance – generating new resources from day-to-day operations over a period of time ------------------------------------------------- Financial position –
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