Read the case "Tactus Tackles Fund-Raising" at the end of Chapter 8 and answer the questions that follow: 1. Craig Ciesla and Micah Yairi eventually turned to friends and family for funding. Should they have done that first? What are the risks with raising money from such individuals? Many us have heard don’t borrow money from family or go into business with friends. In the case of Tactus fund-raising‚ they faced many financial obstacles in raising their capital. Craig and Micah did the right
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up and report financial information‚ including the formulas and format | 2. Basic accounting formula | * The difference between assets and liabilities equals the total net assets. (na=a-l) | 3. Transaction‚ * t-account * | Any activity that causes an increase in assets‚ anything credit or debit that is recorded | 4. General ledger * | * Record of all financial transactions | 5. Debit | * All entries on left side of a t account; increase in assets or decrease
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Catalog of Federal Domestic Assistance HSM/260 Catalog of Federal Domestic Assistance Financial support is a commonly agreed issue for human service organizations. Programs offered to the target population can be costly and knowing where to seek funding is a must. The XYZ Company is a nonprofit making agency integrated in section 501c3 of the United States Internal Revenue Code. This organization provides consumers in El Paso County‚ Texas who are in great requirement of psychiatric counseling
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1.84 X X = 3‚666 (Monthly BEP) 3‚666 * 12 = 43‚992 (Fiscal-year BEP) How much profit will the program earn if it completes its 45‚000-meal contract with the City of Westchester? WHDM program profit analysis 45‚000 = meal contract Break Even Point (BEP) = $43‚992 1‚008 Revenue 1‚008 Meals at $5.77= $5‚816.16 Total Cost per meal 1‚008 at $3.93 =$3‚961.44 Total Profit = $5‚816.16 − $3961 .44 = $1‚854
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time. http://www.investorwords.com/1193/credit.html * Account balance: This is the balance that is reflected on an account at the beginning of a business day‚ it is different than the available balance. It does not provide pending or new activity. http://www.ehow.com/about_5484031_account-balance-vs-available-balance.html * Trial balance: Is a tool that is used to list any and all credit and debit balances. It provides one with knowing if there are any errors in the ledger.
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Exercise 9.1 The following data represent total personnel expenses for the Palmdale Human Service Agency for past four fiscal years: 20X1 $5‚250‚000 20X2 $5‚500‚000 20X3 $6‚000‚000 20X4 $6‚750‚000 Moving Averages 20X2-X4 $18‚250‚000 / 3 = $6‚083‚333 Weighted Moving Averages Fiscal Year Expenses Weight Weighted Score 20X2 $5‚500‚000 1 $5‚500‚000 20X3 $6‚000‚000 2 $12‚000‚000 20X4 $6‚750‚000 3 $20‚250‚000 __ ___________ 6 $37‚750
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Check-Point: Police and Law Enforcement Response Write a 200- to 300-word response in which you address the following questions: 1. What is the role of police in society? What would happen if the role of the police were lessened as it applies to the theory and practice of community policing? The role of the police is to look after the area. Policing is a form of crime control‚ Policing refers to prearranged forms of order maintenance‚ peace keeping‚ rule or law enforcement‚ crime investigation
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Board Members What resources do the board members use to base off from‚ when making decisions? This question is very important. The board members are on top f an organizations chain. It is important to know that those on the board are reliable and know what they are there for. As a whole‚ you need to be aware that the decisions made by the board will ensure that everyone is taken care of. Board members can’t just make a decision without using references. Otherwise‚ the decisions being made wont
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Foundations Paper HSM/260 Imagine living in a time where finding a job was almost impossible‚ food was hard to come by‚ and people were dying left and right from suicide and disease. Imagine feeling helpless and worthless because you could not afford to feed you family‚ so you take the easy way out and end your life- sometimes taking your family with you. This was the life for many people during the great depression when war had consumed most of all humanity and
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Week 4 Exercise 15-1. Items to Classify | Standard | Actual | Type of Variance | Labor cost | $10.00 per hr | $9.60 per hour | favorable | Labor usage | 61‚000 hrs | 61‚800 hrs | unfavorable | Fixed cost spending | $400‚000 | $390‚000 | favorable | Fixed cost per unit | $3.20 per unit | $3.16 per unit | favorable | Sales volume | 40‚000 units | 42‚000 | unfavorable | Sales price | $3.60 per unit | $3.63 per unit | unfavorable | Materials cost | $2.90 per pound | $3.00 per pound
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