11: 12 Introduction to Accounting, Ethics, Business Entities, Financial Statements Accounting for Transactions –Part 1 Accounting for Transactions –Part 2 Accounting for Adjustments- Part 1 Accounting for Adjustments- Part 2 Completion of Accounting Cycle Accounting Systems Revision Chapters 1 - 4 Accounting for Retailers Accounting for Inventories Non-Current Assets Cash Management and Control Accounting for Receivables Tutorial Exercises Lecture Notes Week 1 Introduction to Accounting, Ethics
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initiative on top of consideration of risk to deal with complicated procedures. 2.1 Customer Handling Process of room reservation manually had causing a lot of inconvenience and unpleasant experience to the customers. This will directly influence the sales and profit of the resort. During working days, the room reservation only can be done via phone booking in PJ office. If customer wanted to make reservation during weekend, the PJ office is closed and customers are required to contact owner directly
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ANALYSIS OF A COMPANY’S LIQUIDITY BASED ON ITS FINANCIAL STATEMENTS Pacurari Doina Universitatea din Bacau, Facultatea de Stiinte Economice, Bacau, str.Spiru Haret nr.8, E-mail doinap_ro@yahoo.com, Telefon 0740 179097, Muntean Mircea Universitatea din Bacau, Facultatea de Stiinte Economice, Bacau, str.Spiru Haret nr.8, E-mail doinap_ro@yahoo.com, Telefon 0740 223535 Abstract: The liquidity characterise the financial situation of the company, its ability to convert assets into cash or to obtain cash
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Executive Summery Rajnigandha Melamine Ltd produces melamine tableware as make-to-stock philosophy. It stocks its finished goods inventory in own warehouse sells the products from an outlet. Customers are the end consumers and independent retailers. This distribution network we call ‘manufacturer and retail storage with customer pickup’. Rajnigandha sources its raw materials from China and Taiwan uses independent transport agency for inbound transportation. Raw materials are stored in the factory
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9 -9 1 1 -4 1 2 REV: MAY 28, 2012 Assessing a Company’s Future Financial Health Assessing the long-term financial health of a company is an important task for management as it formulates goals and strategies and for outsiders as they consider the extension of credit, long-term supplier agreements, or an investment in a company’s equity. History abounds with examples of companies that embarked on overly ambitious programs and subsequently discovered that their portfolios of programs could
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9-911-412 R E V: MAY 2 8 , 2 0 1 2 ________________________________________________________________________________________________________________ Professor Thomas Piper prepared the original version of this note, “Assessing a Firm’s Future Financial Health,” HBS No. 201-077, which is being replaced by this version prepared by the same author. This note was prepared as the basis for class discussion. Copyright © 2010, 2011, 2012 President and Fellows of Harvard College. To order copies or request
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- an Cash Management Cash Reducing working capital levels Well-capitalized companies are positioned not only to survive the financial crisis today, but also to emerge victorious and thrive when skies turn blue again. Establishing and adhering to tight working capital standards enables a firm to continue its operations with sufficient funds to both satisfy maturing short-term debt and meet upcoming operational expenses. Liberating Laura Greenberg I t is no surprise that many companies
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technical or functional quality despite their relatively low prices. IKEA reassure their customers of this fact by having in store mock-up ‘test cells’ which illustrate their product’s robustness (eg. demonstrations of 000’s of cupboard and drawer opening cycles). SPEED – IKEA wants the majority of its products available for immediate purchase, enabling the customer to take them away during the same visit or within a very short time after. They also want the customer’s in store shopping experience to
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1) Financial resources - a collection of all funds available to the state, enterprises, organizations and institutions to form the necessary assets in order to implement all of the activities at the expense of income, savings and capital, and by various types of income. Financial relations arising in the process of formation and movement of capital, income, assets, cash reserves and other sources of funds that enterprises its financial resources. That's cash flows and financial resources are the
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FORMULAS CHAPTERS 12, 14, 15 AND 16. CH 12 BREAK EVEN ANALYSIS Sales price EBIT = 0 = units X per unit Break-even level of units variable cost - units X sold per unit total fixed + sold cost total fixed cost = sales price variable cost per unit − per unit Total fixed cost S* = F/ [1 – (VC / S)] Break-even level of revenues = variable cost 1revenues Degree of operating leverage DOLs = Q (P – V) / [Q (P – V) – F] DOLs = revenue before fixed
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