Problems (Page 112) 3-1 to 3.7‚ 3-1 Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20‚000. What is the level of its accounts receivable? Assume there are 365 days in a year. Answer: Day Sales Outstanding= Receivables / Average Sales per day AR = 20 X $20000 = $400‚000 3-2 Vigo vacations has an equity multiplier of 2.5.The company’s assets are financed assets with some combination of long-term debt and common equity. What is the company’s debt ratio? Answer:
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Ethics MGT/498 September 26‚ 2013 Ethics In business there will always be the line to act with integrity or to lie‚ cheat‚ and steal. Famous author Douglas Adams once said‚ “To give real service you must add something which cannot be bought or measured with money‚ and that is sincerity and integrity” (Heathfield‚ n.d). The priority of any business is to serve the needs and wants of the customer and more important his or her stakeholders. Any business decision made in major corporations must
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overall development activities of Bangladesh thus the financial management has very significant role in ensuring productive delivery of this sector. In current days‚ the NGOs require to compete bidding process to acquire fund from external sources including Government. This process needs to prove its capacity and quality by qualifying itself in the current market approach of contractual bidding. The sound and professional financial management system of an organization helps to move forward to award
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Chapter 1‚ Introducing Business Ethichs What is business ethics? Business Ethics (BE) has been called an oxymoron. By an oxymoron‚ we mean the bringing together of two apparently contradictory concepts. The statement also suggests that there are not‚ or cannot be‚ ethics in business. However‚ there appears to be good reason to suggest that business ethics as a phenomenon‚ and as a subject‚ is not an oxymoron. Whilst there will be disagreements about what exactly constitutes “ethical” business
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Q1. (a) CITE NEW AND USEFUL SKILLS TO BECOME EFFICIENT AND EFFECTIVE IN BUSINESS Frenchman Henri Fayol describes management as a composition of five functions namely planning‚ organizing‚ leading‚ coordination and control. Planning: Planning involves identification of your business goal and finding the way to reach it. It involves the estimation of various costs that will be incurred and evaluation of the time required to attain the business goal. A business plan has to be documented and reviewed
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Oracle® Hyperion Financial Management‚ Fusion Edition March 2010 Performance Tuning Guide [Skip Navigation Links] How to Use this Guide ........................................................................................................... 3 Introduction .......................................................................................................................... 3 Performance Overview .............................................................................................
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alleged to happen; create greater diversity = greater good outcomes 2. What are Singer’s and Steinbock’s opposing arguments on animal ethics/rights and on the use of animals in experimentation? What are the specific reasons that Singer and Steinbock each provide for their positions? Singer – animals can experience pleasure/pain so they deserve our moral consideration. Speciesism is an injustice parallel to racism and sexism. · Not all animal lives are of equal worth. Human interests may outweigh
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Assume that P&Gs Hair care products marketing manager has the Unilever papers on his/her desk. The manager is considering doing nothing with the information‚ just keeping a lid on the situation and telling those involved to back off. Is this action ethical? The marketing manager at this point finds himself being in an ethical dilemma situation‚ which he is aware of. That is probably why he‚ for now‚ decided rather to “keep a lid” on the situation‚ than deciding whether to actually use the information
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Dell’s Working Capital We can see from the exhibit 4 that sales in 1996 was 52% higher than that in 1995. To support that growth‚ Dell needs to increase its operating assets. Total Assets (% of sales) 45.87% Loss:Short Term Investments (% of sales) (13.93%) Operating Assets (% of sales) 31.94% The increase in Dell’s operating assets should be the change in 1996’s forecasting operating assets and operating assets in 1995. So operating assets should be increased by $5‚296M*31.94% - $3‚475M*31
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Introduction Every organization must fulfill the need of the customers they are gaining profit from. So the organization must be aware of the needs and requirements of the present customers. So they must be aware about the proper development of their products or services. Organizations can develop their products or services by innovation and creativity. They can innovate new ideas or create new dimensions of their products and services. Through innovation and creativity a firm can easily gain competitive
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