COMPENDIUM Budget Terms and Concepts Donald M. Patimo, MPM In partial fulfillment of the requirements in Budget Preparation and Fiscal Management October 18, 2008 Ability to pay This refers to the borrower’s ability to make interest and principal payments on debts. Accelerated depreciation This refers to any depreciation method that produces larger deductions for depreciation in the early years of an asset’s life. Account This refers to a record
Words: 31511 - Pages: 127
Table of Contents 1 EXECUTIVE SUMMARY 3 2 BUSINESS IDEA 4 3 GOALS AND OBJECTIVES 5 4 MARKET POTENTIAL 6 5 COMPETITIVE ANALYSIS 6 6 MARKETING PLAN 7 7 OPERATIONS 9 8 MANAGEMENT AND OWNERSHIP 10 9 RESOURCE REQUIRMENTS 10 10 IMPLEMENTATION 11 11 RISK ASSESSMENT 12 12 CONTINGENCY PLAN 12 13 FINANCIAL PLAN 12 EXECUTIVE SUMMARY The world's most dangerous animal weighs about two milligrams and pursues its human prey at speeds of barely a mile per hour. It is likely that this crown
Words: 3892 - Pages: 16
"Double taxation" refers to the fact that the corporation itself must pay taxes on its net profits, and the stockholders must also pay taxes on the portion of those same profits distributed to them as dividends.Answer T "Knocking on the doors" of businesses an entrepreneur would like to buy—although they are not advertised "for sale"—is a waste time. Answer F ____ percent of small businesses sell on credit.Seventy-seven ____ recognizes any improvement in quality may improve a company’s competitive
Words: 21181 - Pages: 85
ANALYSIS | * M.Price.V * M.Quantity.V * L.Rate.V * L.Efficiency.V * Controllable.OH.V * OH.Volume.V | E22, E23, E24, E25, E26, E27, E28, E29, E30, E31 | CHAPTER 8:BUDGETING | * SALES BUDGET * PRODUCTION BUDGT * MATERIAL BUDGT * LABOR BUDGT * OH BUDGET * BUDGETED I/S * CASH FLOW BUDGET | E19, E20, E21, E22, E23, E24, E25, E26, E27, E28, E29, E35, E36 | CHAPTER | TOPIC | PRACTICE QUESTIONS | CHAPTER 9:C-V-P ANALYSIS | * BREAK-EVEN * MARGIN OF SAFETY * SOLVING FOR
Words: 3114 - Pages: 13
Finding and Evaluating the Opportunity: Is It Real and Large Enough? E xc e r p t e d fro m Entrepreneur’s Toolkit: Tools and Techniques to Launch and Grow Your Business Harvard Business School Press Boston, Massachusetts ISBN-10: 1-4221-0527-X ISBN-13: 978-1-4221-0527-6 5276BC Copyright 2006 Harvard Business School Publishing Corporation All rights reserved Printed in the United States of America This chapter was originally published as chapter 2 of Entrepreneur’s Toolkit
Words: 11777 - Pages: 48
This chapter concentrates on budgetary control only. This is because financial control was covered in detail in chapters one and two. Budgetary control is defined by the Institute of Cost and Management Accountants (CIMA) as: "The establishment of budgets relating the responsibilities of executives to the requirements of a policy, and the continuous comparison of actual with budgeted results, either to secure by individual action the objective of that policy, or to provide a basis for its revision"
Words: 3770 - Pages: 16
Strategic Audit of Lowe’s Companies, Inc. | Explore Page 1 of 70 Home Blog Contact Site Map Explore Learn. Live. Share. http://www.jacobcamp.com/2011/05/29/strategic-audit-of-lowes-companies-inc/ 5/25/2012 Strategic Audit of Lowe’s Companies, Inc. | Explore Page 2 of 70 Strategic Audit of Lowe’s Companies, I May 29, 2011 | Business Development,ERP,General Business Home » Blog » General Business » Business Development » Strategic Audit of Lowe’s Companies, In Click
Words: 15721 - Pages: 63
STANDARD EDITION Ross Westerfield Jordan FUNDAMENTALS OF CORPORATE FINANCE tenth edition StuDEntS... Want to get better grades? (Who doesn’t?) Prefer to do your homework online? (After all, you are online anyway…) Need a better way to study before the big test? (A little peace of mind is a good thing…) With McGraw-Hill's Connect Plus Finance, ® StudentS get: • Easy online access to homework, tests, and quizzes assigned by your instructor. • Immediate feedback on how you’re doing
Words: 128112 - Pages: 513
Real Estate Development and Investment Founded in 1807, John Wiley & Sons is the oldest independent publishing company in the United States. With offices in North America, Europe, Australia and Asia, Wiley is globally committed to developing and marketing print and electronic products and services for our customers’ professional and personal knowledge and understanding. The Wiley Finance series contains books written specifically for finance and investment professionals as well as sophisticated
Words: 80543 - Pages: 323
Mobile Nails Global Marketing Plan International Marketing Product Description Mobile Nails is a luxury full service nail spa that offers manicures, pedicures and waxing in the comfort of one home, hotel, and any place special. Mobile Nails is a Limited Liability Corporation (LLC). Mobile Nails concept is quickly gaining
Words: 3443 - Pages: 14
