which are needed to finance, these resources is called working capital 3. “Working capital may be defined as all the shot term assets used in daily operation”—John. J Harpton. 4. Short term assets of a firm means cash money, short-term securities, inventory, Bill receivable, note receivable, Debtors etc. 5.In operating daily business, fixed assets are also needed in addition to current assets. Though some fixed assets help on the daily operation of a firm, these can’t be told as working capital, because
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Financial flexibility– the ability to use its financial resources to adapt to change. Liquidity- the availability of a company’s liquid assets to pay its bills. Cash- the resource on hand to meet planned payments and emergency situations. (current assets includes coins, currency, unrestricted funds on deposit with a bank, negotiable checks, and bank drafts) Cash equivalents- short term highly liquid investments that are readily convertible into known amounts of cash. Cash planning systems- methods
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decision in a company Assets – provide company with future benefits such as cash, a/r, inventory, supplies, prepaid expense (by paying something in advance you have the benefit of it protecting you for the time period, once you use it, it is no longer an asset. Current assets – must to converted to cash/sold/used up/consumed in the business within the year. Listed in order of liquidity. Ex: inventory, a/r, office supplies, temporary investments, prepaid expense Land doesn’t depreciate in
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capacity and inventory. Specifically, on day 0, the factory began operations with three stuffers, two testers, and one tuner, and a raw materials inventory of 9600 kits. This left the factory with zero cash on hand. Customer demand continues to be random, but the long-run average demand will not change over the product’ 486-day lifetime. At s the end of this lifetime, demand will end abruptly and factory operations will be terminated. At this point, all capacity and remaining inventory will be useless
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* Taking care of people * Giving Back to our communities * Doing the right thing * Excellent Customer Service * Creating Shareholder Value * Building Strong Relationships * Entrepreneurial spirit * Respect of All People HOME DEPOT VALUES MISSION IS IMPROVING HOMES SWOT ANALYSIS Strengths * Improving home quality with reasonable prices * team leadership WEAKNESSES * In 2011, home depot lowered prices to keep it customers. * MSC money reported that in the 1st
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Finance : Chapter 3 Assigned Problems Solved! 1. Transactions. NLF Shares are issued for cash. Goods for inventory are sold for cash. Goods from inventory are sold on account. A fixed asset is sold for cash for less than book value. A fixed asset is sold for cash for more than book value. Corporate income tax is paid. Payment is made to trade creditors. Cash is obtained through a short-term bank loan. Cash is obtained through a long-term bank loan. A cash dividend is declared and paid. Accounts
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Math for Business and Finance Examination: 06044200 1. Broom Company Bank Reconciliation as of November 1, 2009 Checkbook Balance: $4,010 Deduct bank fee for checks $12.00 Deduct bank fee for NSF $18.00 Deduct ATM withdrawl $30.00 Add Broom note collected $400.00 Reconciled Balance: $4,350.00 Bank Balance: $2,950.00 Deduct outstanding check: No. 124 $1,080.00 No. 138 $720.00 Add deposit in transit $3,200.00 Reconciled Balance: $4,350.00 2
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HOGWARTS SCHOOL OF IMPROVEMENT INITIATIVES PPC PRODUCTION PLANNING & CONTROL Resource Person B.S.Subrahmanian bsstqm@gmail.com 0 HOGWARTS SCHOOL OF IMPROVEMENT INITIATIVES PPC Overview Production-Planning Hierarchy Aggregate Planning Master Production Scheduling Production-Planning and Control Systems 1 HOGWARTS SCHOOL OF IMPROVEMENT INITIATIVES PPC Capacity Planning, Aggregate Planning, Master Schedule, and ShortTerm Scheduling Capacity Planning 1. Facility
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Base Year Year 1 Year 2 Year 3 Production (distilled gallons) $500,000.00 $600,000.00 $700,000.00 $800,000.00 Aged gallons sold $400,000.00 $400,000.00 $400,000.00 $400,000.00 Warehouse Inventory at the Beginning of Year 4-year-old bbls $10,000.00 $10,000.00 $10,000.00 $10,000.00 3-year-old bbls $10,000.00 $10,000.00 $10,000.00 $10,000.00 2-year-old bbls $10,000.00 $10,000.00 $10,000.00 $12,000.00 1-year-old
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take up to 5 days from the time that Aino initially contacted EI until the time when EI would confirm a delivery time and date. Sometimes the inventories have to be shipped from Producer of Aino to EI. [1] to [4]. [2] to [3]: Based on the previous data, 99.6 percent of Totalline is on-time delivery. Thus, we assume the Totalline will pick up the inventories in [2]/ [1] immediately. [3] and [4]: Totalline was given a 15-minute grace period. But the detention will be varied. [4]: The time of offloading
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