balance sheet‚ like a photo‚ provides a financial picture of a company on a given day and time. It categorizes all of a company’s resources as assets‚ all of its debts as liabilities‚ and all of the owner’s investments as equity. A company uses its assets‚ such as accounts receivable‚ inventory‚ and equipment‚ for manufacturing or purchasing products for sale or to provide a service. A company’s assets are financed by its liabilities (debt) and the owner’s equity (net worth). On a balance sheet‚ the
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COURSE 2 - The Balance Sheet The balance sheet (also called statement of financial position) reports the financial position of the business at a point in time. It does so by listing the categories and amounts of assets‚ liabilities and equity on a specific date‚ in a format that proves the fundamental accounting equation. ASSETS = EQUITY + LIABILITIES or ASSETS – LIABILITIES = EQUITY Formats of presentation Regardless of
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Clean Up Of Chemical Waste Chemical spills are major problems that haunt the environment. Strict government regulation are trying help this problem‚ but governmental leaders face many challenges. Disposal of harmful chemicals is often difficult and costly. Since chemical waste has destroyed the environment‚ steps are being taken to prevent further pollution‚ Like the Yucca mountain project. A local based pharmaceutical company named Novo Nordisk released its 1999 environmental report. The company
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6. A proforma cost sheet of a company provides the following particulars : Elements of Cost Material 40% Direct Labour 20% Overheads 20% The following further particulars are available: (a). It is proposed to maintain a level of activity of 2‚00‚000 units. (b).Selling price is Rs.12 per unit (c) Raw materials are expected to remain in stores for an average period of one month (d) Materials will be in process‚ on averages half a month. (e) Finished goods are required to be in stock for
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Group Paper Analysis‚ Team 4 4/22/2010 Victoria Chemicals (B) Group Case Study Introduction Victoria Chemicals’ Intermediate Chemicals Group (ICG) is evaluating two mutually exclusive proposals on their capital expenditures. The Liverpool and Rotterdam plants have compiled separate proposals. Each proposal had the potential to increase the polypropylene output by 7 percent for their plant respectively. Victoria Chemicals could not view a 14 percent increase companywide being feasible‚
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Chemical Bonding Lab Chemical compounds are combinations of atoms held together by chemical bonds. These chemical bonds are of two basic types—ionic and covalent. Ionic bonds result when one or more electrons from one atom or group of atoms is transferred to another atom. Positive and negative ions are created through the transfer. In covalent compounds no electrons are transferred; instead electrons are shared by the bonded atoms. The physical properties of a substance‚ such as melting point
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The hypothesis If a chemical reaction occurs‚ then there will be indicators of a chemical change‚ was supported throughout this experiment. Throughout this experiment there were several reactions that took place‚ and an indicator of such chemical reactions could be seen throughout each one. The first piece of identifiable evidence was present in the first step‚ which was when copper (II) nitrate and sodium hydroxide were combined. When stirred‚ a blue precipitate formed at the bottom of the test
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Soren Chemicals Case Study 1. What is the addressable market size for Coracle? Is the first-year goal of $1.5 million sales reasonable? Answer: Currently there are 3 major players in the residential pool clarifier market‚ Keystone chemicals‚ Kymera and Jackson Laboratories as well as several distributors who are diluting and private lebeling Soren’s Kailan MW for residential use. Soren’s Jen Moritz estimates that these players have between 15 and 20 percent (15-20%) of the residential pool market
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Chemical Formula Principles Chemical Formula is a system of chemical notation that was invented in 181 by John Jakob Berzelius. The system is based on the law of definite proportions”‚ states that all samples of a given chemical compound have the same elemental composition. It is also a way of expressing information about the proportions of atoms that constitute a particular chemical compound‚ using a single line of chemical element symbols‚ numbers‚ and sometimes also other symbols‚ such as
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Case #22 Victoria Chemicals Synopsis and Objectives go/no-go decision 1. The identification of relevant cash flows; in particular‚ the treatment of: a. sunk costs b. cash flows obtained by cannibalizing another activity within the firm c. exploitation of excess transportation capacity d. corporate overhead allocations e. cash flows of unrelated projects f. inflation. 2. The critical assessment of a capital-investment evaluation system
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