the following information at 12/31/2012: -Acquired $75,000 cash by issuing common stock -Paid $70,000 cash for materials used in the manufacture of 200 units of product -Paid $16,000 cash for administrative salaries -Paid $35,000 cash for factory wages -Recognized depreciation on factory equipment, $5,000 -Collected $160,000 cash on sales made during 2012 -Recognized depreciation on office furniture, $3,500. Fardohnya makes all sales for cash. There are no credit sales. What is the total product cost
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BUSINESS PLAN 105, Mutiara Inn, Politeknik Seberang Perai, Jalan Permatang Pauh, 13500 Permatang Pauh, Pulau Pinang Telephone number : 04-55649860 Fax number : 04-55649870 Email : serimutiaraspa@gmail.com EXECUTIVE SUMMARY 1.0 INTRODUCTION Professional women today must juggle a great deal of responsibilities in the home and in the workplace. Women with schedules that are stretched very thin lack the personal relaxation and balance that their bodies and minds require to be healthy
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Corporate Finance Fundamentals [FN1] Examination Blueprint 2010–2011 Purpose The Corporate Finance Fundamentals [FN1] examination has been constructed using an examination blueprint. The blueprint, also referred to as the test specifications, outlines the content areas covered on the examination and the weighting allotted to each content area. This document also lists the topics, the level of competence for each topic, and the related learning objectives. The learning objectives have been designed
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PART 1 Introduction to Managerial Finance CHAPTERS IN THIS PART 1 2 3 The Role and Environment of Managerial Finance Financial Statements and Analysis Cash Flow and Financial Planning INTEGRATIVE CASE 1: TRACK SOFTWARE, INC. CHAPTER 1 The Role and Environment of Managerial Finance INSTRUCTOR’S RESOURCES Overview This chapter introduces the student to the field of finance and explores career opportunities in both financial services and managerial finance. The three basic legal forms of business
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Assignment Chapter 14 True/False Indicate whether the statement is true or false. __F__ 1. Pro forma financial statements, as discussed in the text, are used primarily to assess a firm's historical performance. __T__ 2. The first, and most critical, step in constructing a set of pro forma financial statements is the sales forecast. __T__ 3. A typical sales forecast, though concerned with future events, will usually be based on recent historical trends and events as well as on forecasts
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that pay dividends and those that do not pay dividends. The corporate valuation model discounts free cash flows by the required return on equity. The corporate valuation model can be used to find the value of a division. An important step in applying the corporate valuation model is forecasting the firm's pro forma financial statements. Free cash flows are assumed to grow at a constant rate beyond a specified date in order to find the horizon, or terminal, value
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Asset Management | 0.00 | 2.36 | 0.95 | 0.46 | Manufacturing Productivity | 0.00 | 1.00 | 0.64 | 0.47 | Financial Risk | 0.00 | 1.00 | 0.79 | 0.87 | Balance Sheet | | Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | Current Assets | Cash | 451,285 | 487,834 | 1 | 1 | + 3 Month Certificate of Deposit | 19,000 | 19,000 | 269,000 | 269,000 | + Finished Goods Inventory | 0 | 755,487 | 1,149,025 | 1,097,024 | Long Term Assets | + Net Fixed Assets | 1,100,000 | 1,054,167 | 2,108
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future. Because of tis’ importance to organizational success, most health services managers, especially at large organizations, spend a great deal of time on a=activities related to planning. Budgeting is an offshoot of the planning process. A set of budgets is the basic managerial accounting tool used to tie together planning and control functions. In general, organizational plans focus on the long-term big picture, and through the control mechanism, ensuring that current performance is consistent with
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Ten strategies and their advantages in connection with the corporation’s goals and objectives are: 1. Implementing Programs 2. Implementing Procedures 3. Implementing Evaluation and Control 4. Preparing a Budget 5. Having a Mission Statement 6. Corporate Policy 7. Corporate Strategy 8. Functional Strategy 9. Environmental Scanning 10. Business Strategy By Implement Programs and putting a program in place makes a strategy action orientated. It may involve restructuring and changing the company’s
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profitable with revenues of over $500,000 per year (Manta.com, 2010b, 2010d) and are sustainable as most have been in business for 15 years or more (Manta.com, 2010a, 2010b, 2010d). Financial projections show that the business will have positive cash flow in the first month of operations as 34% of revenue generated. Start up expense will be $22,605 with a net profit in the first year of just over $75,000. Table of Contents Executive Summary iii Table of Contents iv Situational Analysis 1 Market
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