To run a business needs cash. Cash Budget is a record of cash transactions that comes in and out of the business for a specific period of time. This helps in assessing the entity’s financial health whether there are sufficient cash for operations or too much cash are used. It also serves as a purpose of decision making on what amount of money can be granted to a creditor to avoid any liquidity in the business. Cash budget only records strictly cash movements. For example‚ Depreciation is not
Premium Debt
Quantitative Analysis Task 5 Competency 309.3.3: Expected Value Decision Analysis Task A. Expected Value for each decision Develop New Product Decision Brach 1 – Develop Thoroughly EV if Market reaction is good= $500.000(0‚ 4)= $200.000 EV if Market reaction is moderate= $25.000(0‚ 4)= $10.00 EV if Market reaction is poor= $1.000(0‚2)=$200 Total EMV=$200.000+$10.000+200= $210.20 Decision Brach 2 – Develop Rapidly EV if Market reaction is good= $500.000(0‚ 1)= $50
Premium Probability theory Decision theory Expected value
Follow up meetings Submission details Candidate’s name Phone no. Assessor’s name Phone no. Assessment site Assessment date/s Time/s The Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective Candidates are to demonstrate the skills and knowledge required to review the outcomes of a meeting
Premium Meeting Accuracy and precision Method acting
Unit 9: Values and Planning in Social Care Task 3 You must produce fact sheets relating to two of the individuals in the case studies which consider how you can plan to support them. Within these fact sheets you must: Identify the processes and assessment tools involved in planning support for individuals with different needs who use social services (P2) Describe how three key professionals could be involved in planning support for individuals (M2) within the case studies Assess potential issues
Free Evaluation methods Case study Scientific method
Explain whether or not a firm in monopolistic competition earning abnormal profits is productively and allocatively efficient. A monopolistic competitive industry is made up of a fairly large number of firms. In relation to the size of the Industry‚ monopolistic competitive firms are small. They produce slightly differentiated products‚ for example by brand name‚ color‚ design and quality of service. A firm in monopolistic competition has a downward sloping demand curve‚ since they are (extended)
Premium Economics Marginal cost Perfect competition
My plan to balance the budget was to lower spending on defense‚ cut programs that I felt were unnecessary or wasteful and raise taxes on non-green industries. I did this while protecting science and education because the only way to keep the next generation out of poverty is to give them the knowledge they need to succeed. I managed to delay the budget bust from 2031 to 2035 and lowered the national debt from $16.5 trillion to $13.1 trillion. I also shrank government by about two percentage points
Premium Carbon dioxide Petroleum Energy
Perfect competition: For a market to be perfectly competitive‚ one of the main criteria is that all firms (and consumers) are price takers. The following conditions are also necessary: 1. There must be many buyers and sellers in the market for an identical product. 2. Firms’ products are identical. 3. Buyers and sellers must be fully informed about prices‚ products‚ and technology. 4. There are no barriers to entry (or exit). 5. Selling firms are profit-maximizing entrepreneurial
Premium Economics Microeconomics Marginal cost
project proposal based on its profitability. To do so‚ a cash flow forecast will be created and the project will be evaluated usingNPV/IRR. Step 3: Prioritize Profitable Projects Based on the Firm-wide Project Once the profitable projects have been identified‚ the finance manager needs to prioritize these projects based on the firm-wide capital budget‚ requirements and strategy. Sometime a project may be profitable but can wait for some time compared to another project which is critical for the
Premium Capital budgeting Corporate finance Investment
Illinois State government. The schools are being forced to make budget cuts. The teachers at the schools are being forced to take furlough days‚ which are day they have take off with out a pay. The cause of all of these actions is due to the major debt the State of Illinois is in. The money the state should be paying the universities‚ the state is using it on other items. University of Illinois is one of the schools that has to take budget cuts. This is unfair to the University of Illinois because the
Premium Education School Teacher
Competition in the Casino Industry has been intensified since the business landscape has changed tremendously. Changes in the industry include the increasing legalization of gambling activities and the alternatives available in the industry such as internet gambling and the waterborne casinos. The first issue which affected the competition in the casino industry is the legalization of gambling activities. This has affected the threats of the new entrants since more businesses is able enter the
Premium Gambling Casino Nevada