Financial Management Final Exam 3/2/2013 Q1. Calculating NOPAT: NOPAT = Operating Income (EBIT) x (1 – Tax) Operating Income (EBIT) = 700 Tax = 0.35 NOPAT = 700 x (1 – 0.35) = $455.00 Q2. Income Statement: Income Statement (EUR) Sales 15‚000 Operating cost 7‚500 Depreciation 1‚200 Amortization 0 Bonds 6‚500 Bonds interest 6.25% Tax rate (income) 35% EBIT = Sales – Operating cost – Depreciation – Amortization EBIT = 15‚000 – 7‚500 – 1‚200 – 0 EBIT = EUR 6
Premium Stock Generally Accepted Accounting Principles Balance sheet
The case titled The Theatre Budget was a short journal about a frustrated Vice-President of a performing arts theatre that had a Board of Directors more concerned about artistic values than how they would pay the bills. Janet Dobbs was Vice President for Administration and President-elect for this small taxexempt organization called the Greater Euclid Little Theater (GELT). It is obvious in the case that there is a divide between industries; business administration/accounting and the arts. One
Premium Management Board of directors Corporate governance
1. An advantage of the corporate form of business is that: A. It has limited life. B. Its owner’s personal resources are at stake. C. Its ownership is easily transferable via the sale of shares of stock. D. It is simple to establish. E. It has double taxation. 2. External users want answers to all of the following questions except: A. Is the company earning satisfactory income? B. Will the company be able to pay its debts as they come due
Premium Management Corporation Corporate social responsibility
Performance Management through Effective Management Control WERNER BRUGGEMAN Performance measurement and performance management are vivid themes in the literature on management control. So‚ it is only natural that we investigate how this literature has contributed to the field of Integrated Performance Management. The purpose of this chapter is to describe how management control systems can be used to effectively manage company and business performance. First‚ we define the scope of management control
Premium Strategic management Management Control theory
Series on Highly Effective Practices—Self Monitoring 1 5. Teaching Students to Self-Monitor Their Academic & Behavioral Performance The ability of a student to self-monitor his or her performance is a natural step toward becoming independent‚ which can only happen when students take responsibility for their own behavior and essentially become “agents of change” (Hanson‚ 1996; Porter‚ 2002; Rutherford‚ Quinn‚ & Mathur‚ 1996). Self-monitoring is defined as the practice of observing and recording
Free Special education Learning disability Education
Budget The Budget is prepared by the ministry of Finance ant the union budget is presented by the Finance Minister. Our constitution has made it compulsory that every year The Budget is presented before the Parliament . The overall responsibility of preparing the budget lies with the Ministry of Finance. Various departments of this ministry work for several months to prepare the budget. Each department has a specific responsibility. The departments are: Department of Expenditure‚ Department
Premium Lok Sabha Economics Government
Barriers to Effective Pain Management Introduction Pain is a fundamental and inevitable form of human suffering‚ the experience which is unique to every individual. Nurses have a unique role in alleviating the pain experienced by their patients. With their professional knowledge and regular close contacts with patients‚ they are ideally placed to listen and respond to any concerns. Taking time to assess the individual will allow for the development of a thrusting relationship between the
Premium Pain Health care provider Patient
What is Finance? Finance is the art and science of managing financial and real assets The processes‚ institutions‚ markets‚ and instruments involved in the transfer of money between individuals‚ businesses‚ and governments form the foundation of the study of finance Career Opportunities in Finance There are three areas of the opportunity for finance graduates. Financial Institutions Banks‚ Insurance Companies‚ Mutual Funds‚ and Investment Banks The following skills are important: Valuation
Premium Corporate finance Finance
receivable balance. During the operating cycle payments are made to various parties‚ as reflected in accounts payable and accruals. The continuous ebb and flow of cash inflows and outflows from production and revenue generation is referred to as the cash cycle. The length of this cycle directly influences firm liquidity; hence‚ it is important to monitor working capital behavior via the cash cycle. This chapter discusses techniques used to quantify working capital management. The analysis begins
Premium Inventory Balance sheet Net present value
“Comparison of mobile monitoring devices for patients with diabetes” Table of Contents 1.1 Structure of the thesis 7 1.2 Study Background 7 1.2.1 Concept of Mobile Health 7 1.2.2 Mobile devices in Health care 8 1.3 Problem statement 10 1.4 Value‚ goal and scope 10 1.5 Diabetes mellitus 11 1.6 Prevalence 12 1.6.1 Population division 16 1.6.2 Methods and equipment to control diabetes 17 1.7 Aims and objectives 18 2.1 Introduction 19 2.2 Purpose of Research
Premium Mobile phone Health care Patient