totaled 75% percent of revenues‚ and depreciation expense was $1.5 million. All revenues were collected in cash during the year and all expenses other than depreciation were paid in cash. What were Brandywine’s 2007 net income‚ total profit margin‚ and cash flow? Net income = 12M * (1 - 75%) - 1.5M = $1.5 million Total profit margin = $1.5M/12M = 12.5% Cash flow = 1.5M + 1.5M = $3 million Suppose the company changed its depreciation calculation procedures(still within
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topic‚ but it can have a long term negative effect on the non-favored child. The non-favored child might feel unfairly treated and try to gain attention in other ways that might prove to be dangerous and out of the ordinary. In John Steinbeck’s novel East of Eden‚ we experience the dynamics of a father-son relationship‚ especially the father favoring one son over the other‚ which oftentimes was the case in my household. From the very start of the novel we are introduced to Cyrus‚
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UNIVERSITY OF NORTH CAROLINA KENAN-FLAGLER BUSINESS SCHOOL MBA ELECTIVE COURSE Strategy‚ Risk and Uncertainty MBA 811-001 Mod IV‚ 2013 9:30 a.m. – 10:50 a.m. Tuesdays and Thursdays McColl 2575 Professor Rich Bettis McColl 4419B Email: r_bettis@unc.edu Assistant: Ann Ravenscraft (Suite 4600) Office Hours: Drop By or By Appointment Course Overview‚ Philosophy‚ and Objectives: This course is designed as an elective for MBA and EMBA program participants that have already studied the required introductory
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the real monster‚ refusing to work lest he sweat himself to death…” (Wagner 94). Cash Bundren the oldest son of Anse and Addie Bundren is characterized as the diligent‚ kind‚ and dedicated leader of the family. Not only do Cash’s actions prove these qualities but also the descriptions of him by other narrators prove Cash to be a hardworking‚ loyal man. As his mother lies dying in bed he builds her a coffin. Cash is a perfectionist; he has each board approved by Addie. He wants her to be happy
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In the novel‚ The Mosquito Coast‚ there are many elements that do not make the world seem like a utopian place. Allie Fox‚ the protagonist portrays many dystopian elements. Many elements displayed throughout this novel are far from a utopian setting. Technological advances‚ mastery of nature‚ and the role of free will are noticed throughout the plot. In The Mosquito Coast by Paul Theroux‚ the strongest dystopian elements are mastery of nature‚ technological advances and the role of free will. Throughout
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Practical Accounting 1 Cash and Receivables -1. Assume the following facts for Kurt Company: the month-end bank statement shows a balance of P40‚000: outstanding checks totaled P2‚000; a deposit of P8‚000 is in transit at month-end; and a check for Pf400 was erroneously charged against the account by the bank. What is the correct cash balance at the end of the month? a. P33‚600 c. P45‚600 b. P34‚400 d. P46‚400 2. The August 31 bank statement of K‚ Inc. showed a balance of P113‚000. Deduction in
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Abstract Cash management is one of the most important function in any organization. The main aim of any organization is to increase profits as well as maximize the wealth of the shareholders. The resultant cash should thus be managed in the best way possible. The following research paper will explore the various cash management theories that are employed in the Kenyan multinational companies whether and whether they have been effective or not. In addition the research paper will also provide informed
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Cash Budgets CASH BUDGETS A cash budget is a budget that focuses on cash receipts and payments that are expected to occur in the future. Cash management is one of the main important factors in a business. A company that experiences cash shortages could be forced into bankruptcy in the future. Businesses that have excess cash can lose the opportunity to earn investment income or can reduce interest costs by repaying debt. A cash budget can tell management anticipated cash shortages or excess
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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
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Service‚ a precursor of the modern United States Coast Guard was created by congress on August 4th‚ 1790. The Secretary of the Treasury Alexander Hamilton requested the creation of the armed seagoing service as a means to collect tariff revenue on both imports and exports. From humble beginnings‚ only ten small cutters were originally authorized‚ the Coast Guard has grown by incorporating numerous federal agencies with a varying mission sets. Today‚ the Coast Guard has eleven statutory missions: Ports
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