FUNCTIONAL AND ACTIVITY-BASED BUDGETING Budget a financial plan of the resources needed to carry out tasks and meet financial goals. A quantitative expression of the goals the organization wishes to achieve and the cost of attaining these goals. Budgeting the act of preparing a budget. Budgetary control the use of budgets to control a firm’s activities. Master budget (planning budget/ budget plan) a summary of all phases of a company’s plans and goals for the future. Indicates the sales levels‚
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WORKING CAPITAL AND FIXED CAPITAL AND ITS ADVANTAGES Introduction: A firm requires funds to acquire two types of assets : fixed assets and current assets .Fixed assets include land biulding ‚ plant‚ and machinary ‚ vehicles ‚ equipment etc.These assets relatively permanent in nature and are necessary for carrying on the bussiness .Current assets ‚on the other hand ‚are kept for supporting day-to-day operations and keep changing during the course of the business.They liquidated within short period
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Cases and Exercises for Value and Capital Budgeting Corporate Finance Academic Year 2012/2013 1. The treasurer of Amaro Canned Fruits has projected the cash flows of projects A‚ B and C as follows (measured in e): Year 0 Project A Project B Project C Year 1 70‚ 000 130‚ 000 75‚ 000 Year 2 70‚ 000 130‚ 000 60‚ 000 −100‚ 000 −200‚ 000 −100‚ 000 Suppose the relevant discount rate is 12% per annum. (a) Compute the profitability index for each of the three projects. (b) Compute the NPV for each
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* Join Us * Follow Us Newsletter | Exhibit on MedicalExpo The Virtual Medical Exhibition * Products * Catalogues * News * Videos Products > Kinesitherapy‚ Physiotherapy > Weight training bench press > Technogym SpA | Stand | Technogym SpA | | * Products * Catalogues * News * Exhibitions | Weight training bench with press OLYMPIC HALF RACK WITH ADJUSTABLE BENCH Technogym SpA IPF Standards compliant Walkthrough Design Foldable
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I. Can a low-level employee be a change agent? Explain your answer. If the low-level employee is a low-level manager‚ it is possible that he or she could act as a change analyst‚ just as any manager can be a change agent. However‚ it is important to note that change should begin at the top and work its way done. Change is most successful when it is supported by top management. Also‚ it is important to remember that as organizations empower employees‚ they may empower them as change agents‚ also
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Plastic industry: Plastic products are used in a wide array of commercial activities from leisure and nutrition to communication and transport. Plastics are also particularly important due to their role in recycling as governments and consumers look for ways to lessen the burden on the environment. For example‚ recycled plastic household products‚ such as containers and bottles‚ can be used to make a range of products including fleece
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What’s your real cost of capital? By James J. McNulty‚ Tony D. Yeh‚ William s. Schulze‚ and Michael H. Lubatkin Harvard Business Review‚ October 2002 Issue of the article: valuing investment projects Number of pages: 12 Daniel Miravet Campos Part 1. Executive summary This article is fundamentally based on the exposition of a new method to calculate the cost of capital for a company (MCPM)‚ to meet the inefficiencies of the current one (CAPM). In valuing any investment project or
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Formosa Plastic Group FPG is a diversified chemical company headquartered in Taipei‚ Taiwan providing a broad range of products including plastic products‚ carbon fiber‚ processed PVC products among its many products. FGP is organized into three main corporations each is composed of multiple divisions responsible for a product line. The division managers were given autonomy to make production and marketing decisions of their business within the scope of approved authorization. However‚ administrative
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What are the effects of air pollution? Acidification: Chemical reactions involving air pollutants can create acidic compounds which can cause harm to vegetation and buildings. Sometimes‚ when an air pollutant‚ such as sulfuric acid combines with the water droplets that make up clouds‚ the water droplets become acidic‚ forming acid rain. When acid rain falls over an area‚ it can kill trees and harm animals‚ fish‚ and other wildlife. Acid rain destroys the leaves of plants. When acid rain
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First Speaker Assalamualaikum Wr.Wb. We are from grup two as affirmative team. I’m Mega Rezkiyanti‚ I’m standing here as the first speaker‚ Devi Safitri as the second speaker‚ Mimi Yunita H. as the third speaker‚ and Lukman Natsir as Reply speaker. Ladies and gentleman‚ I would like to give our motion today‚ Our motion today is this house would The National Examination is one of the requirement of students pass in the final. National exam is not familiar in the world of education in Indonesia
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