Circular Flow Diagrams Introduction Money flows into and out of the economy. The circular flow diagram explains how money moves through the economic system involving households‚ businesses‚ the government‚ and foreign agents (Editorial Board‚ 2011). Circular flow diagrams are visual models that show firms who employ workers‚ the workers then spend on goods produced by firms‚ and the money is then used to compensate the worker and buy raw materials to make the goods and the circle continues.
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Free cash flow In corporate finance‚ free cash flow (FCF) is cash flow available for distribution among all the securities holders of an organization. They include equity holders‚ debt holders‚ preferred stock holders‚ convertible security holders‚ and so on. G. Bennett Stewart - the "economic model of value holds that share prices are determined by just two things: the cash to be generated over the lifetime of a business and the risk of the cash receipts”. GSB (1990)‚ “The Quest for Value”
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Be Data Literate – Know What to Know by Peter F. Drucker Executives have become computer literate. The younger ones‚ especially‚ know more about the way the computer works than they know about the mechanics of the automobile or the telephone. But not many executives are information-literate. They know how to get data. But most still have to learn how to use data. Few executives yet know how to ask: What information do I need to do my job? When do I need it? In what
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accounting‚ a cash flow statement‚ also known as statement of cash flows or funds flow statement is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents‚ and breaks the analysis down to operating‚ investing‚ and financing activities. The primary purpose of a statement of cash flows is to provide relevant information about the cash receipts and cash payments of an enterprise during a period. Essentially‚ the cash flow statement is concerned
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Circular Flow of Income Model We start our study of macroeconomics Macroeconomics is a part of the subject that considers the economy as a whole. When we study macroeconomics we look at changes in economic growth; inflation; unemployment and our trade performance with other countries (i.e. the balance of payments). The scope of macroeconomics also includes an evaluation of the relative success or failure of government economic policies. by introducing the idea of the circular flow The circular
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FLOW MEASUREMENT (Venturi meter‚ Orifice Plate and Rotameter) OBJECTIVES To study the characteristics and applications of various flow measuring device (venturi meter & orifice plate). To calculate the volume flow rate of water from the pressure difference of both venturi and orifice devices. To compare between theoretical and actual volumetric flow rate through the discharge coefficient concept. To know how rotameter works. INTRODUCTION The measurement of fluid flow is important in applications
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Data Mining Melody McIntosh Dr. Janet Durgin Information Systems for Decision Making December 8‚ 2013 Introduction Data mining‚ or knowledge discovery‚ is the computer-assisted process of digging through and analyzing enormous sets of data and then extracting the meaning of the data. Data mining tools predict behaviors and future trends‚ allowing businesses to make proactive‚ knowledge- driven decisions Although data mining is still in its infancy
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Cash flow management: The life force of your businesses By LaZandrea Porter Cash flow management is a vital force to the success of any business‚ large or small. Some have compared cash flow management to the life source of the human body‚ the blood. Much like blood‚ cash keeps a business going‚ and cash flow is the circulatory system of a business. With this in mind‚ it is important to understand that managing cash flow goes beyond the generating of sales revenue. This article will aid
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between the government and the people. “Framers wanted to ensure domestic tranquilly and prevent future rebellions‚ but they also wanted to give certain powers to the national government and reserved the ret for the state creating the establish systems of federalism” (Magleby David.B. & Light‚ 2009‚ p. 21) This was important to them because they were not the most trusting form of people. The framers were suspicious of people‚ especially of those having political power‚ so they separated and
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Turning data into information © Copyright IBM Corporation 2007 Course materials may not be reproduced in whole or in part without the prior written permission of IBM. 4.0.3 Unit objectives After completing this unit‚ you should be able to: Explain how Business and Data is correlated Discuss the concept of turning data into information Describe the relationships between DW‚ BI‚ and Data Insight Identify the components of a DW architecture Summarize the Insight requirements and goals of
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