8/30/2013 Long-term financing‚ g g‚ corporate capital structure Advanced Corporate Finance 4.1 5 + 6 September 2013 Corporate finance: (1) managing the balance sheet Cash + Liquid assets Accounts receivable Inventory Short t Sh t term liabilities li biliti - short term debt - accounts payable Long term liabilities LT assets - fixed - non-fixed - financial Equity 1 8/30/2013 Corporate Finance at different levels + (2) managing the cash flow needs • Long term finance (LT
Premium Corporate finance Finance Capital structure
ACTG 351 HW #2 (Long-term Assets) 1. At January 1‚ the balances in Equipment and Accumulated Depreciation were $1‚021‚500 and $189‚900‚ respectively. At December 31 after adjusting entries‚ the balances were $1‚125‚900 and $452‚700‚ respectively. During the year‚ $148‚500 of equipment was acquired and equipment with a book value of $25‚200 was sold. What was Depreciation Expense for the year? Equipment 1‚021‚500 148‚500 1‚125‚900 Plug A Accumulated Depreciation 189‚900 Plug B Dep Exp 452‚700 Plug
Premium Depreciation Generally Accepted Accounting Principles Asset
CASH Risks • Cash transactions may not be recorded accurately • Cash may not exist Steps 1. Confirm selected bank accounts and special arrangements Select bank accounts for confirmation in order to obtain a moderate to low level of assurance that the aforementioned audit objectives are achieved. Bank confirmations should be sent to all banking relationships to identify accounts not included in the general ledger. Confirmation requests should be sent under our control and‚
Premium Accounts receivable Balance sheet Inventory
iThe Congress of Vienna in 1814 was created to develop an atmosphere of peace in Europe that would last 100 years. Over time‚ militarism was starting to set an aggressive atmosphere in Europe. Alliances were beginning to cause a “ripple effect” between the Great Powers‚ and imperialism increased tension and competition. Militarism‚ alliances‚ and imperialism are the three main causes of the first world war. Rising tension among the Great powers had created competition that required only the slightest
Premium World War I World War II German Empire
Long Term Causes of the Bacon Rebellion Since Virginia’s establishment as a colony‚ the newly freed men suffered exploitation from the upper echelons of society. Indentured servants and later settlers came to the new world seeking financial independence and a better life. After years of indentured servitude the newly-freed men would find themselves stuck in the very situation they sought to free themselves from. This lack of financial independence and social mobility created a general feeling of
Premium United States England Thirteen Colonies
Prohibition was not a noble experiment. Though well-intentioned‚ it was badly applied‚ and had many negative consequences. People suffered in many ways due to its unforeseen effects- people lost their jobs‚ lost money‚ and many even died of alcohol poisoning from tainted products sold on the black market. Prohibition also overcrowded jails and clogged up our justice system with nonviolent offenders- ensuring that violent criminals’ cases wouldn’t be processed with the proper attention to detail and
Premium Prohibition in the United States United States Alcoholic beverage
BACKGROUND JetBlue envision to create high quality airline at low-fares‚ to accomplish this JetBlue is developing high technology (Paperless) to meet efficiency but also focused on service improvisation. Profile • Founder • Focus Area : David Neeleman : New York‚ Florida & California • Operations : February 11‚ 2000 • First Flight : Between New York’s JFK &Fort Lauderdale • Initial Capital : $130 million Mission Core Values Safety Caring Integrity Fun Passion
Premium Customer service Chief executive officer Flight attendant
Chapter 2 Job Order Costing TRUE/FALSE 1. Cost accounting systems are used to supply cost data information on costs incurred by a manufacturing process or department. ANS: T 2. A manufacturer may employ a job order cost system for some of its products and a process cost system for others. ANS: T 3. A job order cost accounting system provides for a separate record of the cost of each particular quantity of product that
Premium Supply chain management terms Cost accounting Cost
HISTORY ESSAY _GEORGE TAYLOR_ HAS ARGUED THAT THE REVOLUTION HAPPENED SIMPLY BY CHANCE AND THAT THERE WERE NO LONG-TERM CAUSES THAT MADE IT INEVITABLE. TO WHAT EXTENT DO YOU AGREE? The French Revolution beginning in 1789 redesigned the country ’s political landscape and uprooted century old institutions. The movement was a result of a combination of various factors and played a critical role in shaping and showing modern nations the power inherent in the will of people. The Monarchy ’s absolute
Free French Revolution Estates of the realm Age of Enlightenment
Loans and Receivables – Long Term PROBLEMS 1. Smart Company has P3‚000‚000 note receivable from sale of plant bearing interest at 12% per annum. The note is dated June 1‚ 2008. The note is payable in 3 annual installments of P1‚000‚000 plus interest on the unpaid balance every June 1. The initial principal and interest payment was made on June 1‚ 2009. The interest income for 2009 is a. P300‚000 c. P210‚000 b. P290‚000 d. P140‚000 rro 1. Trans Company sold a tract of land
Premium 2007 2009 1982