Funding Allocation and Accountability Rena Godfrey Capella University ED7822 Funding of Educational Institutions Quarter & Year: Winter 2013 Email: renag1934@gmail.com Instructor: Lee Moore, Ed.D. Funding Education and Accountability Financial reporting ensures that school district budgetary and financial information are available, comparable and audited, and that school districts are meeting their legislated and government policy based financial responsibilities. Background of
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important financial statements for a business that provide management and shareholders financial information that can be key to financial decisions made by each. Those important financial statements of a business are the income statement, the balance sheet, and the cash flows statement. The income statement tells about a company's financial results for the financial year reported. Some information contained within the financial statements of a company would be profit or loss, the amount of expenses
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CASE 10B–5 Ethics and the Manager; Rigging Standards [LO5] Stacy Cummins, the newly hired controller at Merced Home Products, Inc., was disturbed by what she had discovered about the standard costs at the Home Security Division. In looking over the past several years of quarterly earnings reports at the Home Security Division, she noticed that the first-quarter earnings were always poor, the second-quarter earnings were slightly better, the third-quarter earnings were again slightly better, and
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LLP is the registered public accounting firm for the coffee company Starbucks. 6. Gross margin is $11,700.4 7. Net Income is $1245.7 8. The total asset is $7360.4 9. The total liability is $2973.1 10. The Stockholders’equity balance is $4387.3 11. The Retained Earning is $4297.4 12. Current ratios is Current Asset/Current Liability =$3794.9/$2075.8=1.83 13. Net income before tax/sales-1811.1/11700.4=0.15 14. Debt to equity ratio=Total liabilities/Total Equities=2973
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ACC3101 Student Activities Module 5 Solutions SUGGESTED ANSWERS TO DISCUSSION QUESTIONS Discussion Questions P 11.13 Prepare a DFD context, Level 0 [pic] [pic] P 11.10 Prepare a Document flowchart [pic] Ethics Use Stakeholder analysis framework to answer the ethical dilemma below (Horngren et al 5th ed p128) The net profit of Bynum & Hobbs, a department store, decreased sharply during the first part of 2008. Ron Bynum, owner of the store, anticipated the
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2012 Level II Mock Exam: Afternoon Session The afternoon session of the 2012 Level II Chartered Financial Analyst (CFA®) Mock Examination has 60 questions. To best simulate the exam day experience, candidates are advised to allocate an average of 18 minutes per item set (vignette and 6 multiple choice questions) for a total of 180 minutes (3 hours) for this session of the exam. By accessing this mock exam, you agree to the following terms of use: This mock exam is provided to currently registered
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Balance Sheets (Dollars in millions) | | 2012 | 2011 | 2010 | | Assets | | | | | Current Assets | 22,706 | 22,985 | 20,854 | | Long term Assets and Other Assets | 249,608 | 247,457 | 248,537 | | | | | | | Total Asset | 272,314 | 270,442 | 269,391 | | | | | | | Current Liabilities | 31,787 | 30,892 | 34,854 | | Long-term Debt | 66,358 | 61,300 | 58,971 | | Other Noncurrent Liabilities | 81,475 | 72,453 | 63,616 | | Stockholder Equity | | | | |
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Bankruptcy Table of Contents I. Introduction Error! Bookmark not defined. A. Introduction to Patents and the Patent System Error! Bookmark not defined. 1. Patents (utility patents) Error! Bookmark not defined. 2. purpose of patents Error! Bookmark not defined. 3. patent institutions Error! Bookmark not defined. 4. Patent architecture Error! Bookmark not defined. B. Claim Drafting Error! Bookmark not defined. II. Patentability Error! Bookmark not defined. A. Patentable Subject Matter
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FIN 316 Ch. 1: Corporate Finance and the Financial Manager Types of firm * Sole proprietorship * Straightforward to set up * No separation between the firm and the owner; the firm can have only one owner who runs the business * Owner has unlimited personal liability for the firm’s debts * Limited to the life of the owner * Partnership * All partners are liable for the firm’s debt * Ends in the event of the death or withdrawal of any single partner * Limited
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Information provided by 3 annual reports: Balance Sheet Cash-Flow statement Income statement Figure 1 Cash flowproduction cycle (Operating) working capital: movement of cash into inventory Investment: flow from cash into new fixed assets Depreciation: the loss in value of fixed assets ⇒ increase in value of merchandise made + needed for growth Solvency: ability to have cash to buy fixed assets and inventory (outflow cash) The balance sheet Equity= assets - liabilities current assets
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