Owners • Owners are typically the most interested user of financial statements. Not only do owners have an interest in profits‚ but also in the amount of money they retain for personal income. This information comes from the income statement. Owners want to know how much capital the business consumed in order to generate sales revenue. Lenders • Lenders have an interest in both a company’s profit and cash flow. These users may have given loans to the business. Companies with an inability to repay
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Financial Statements Anthony Cooper ACC/290 August 24‚ 2013 Professor Deborah Wilson Financial Statements A financial statement is a statement‚ or formal record‚ that lays out the activities of a business‚ person‚ or other entity. Quarterly or yearly financial information is put into relative categories
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The importance of financial statements in a business is great. There are several difference reasons for a business to need financial statements. Yet first‚ financial statements need to be explained in order to know how they are used. Financial statements usually present the picture of the financial health of a given entity. It is also critical that a business comes up with accurate financial statements‚ not only for their record keeping for for the purpose of satisfying external reporting expectations
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You Decide-Back to the Drawing Board Student Name HSM 543 February 16‚ 2014 As the CFO of Community Memorial Hospital‚ I have a major problem on my hands that could lead the hospital in a financial bid. Bill Jacobs‚ the Human Resource Director of Commercial Intertech (CI) which is the largest employer in the community‚ has signed a contract MegaPlan Health. MegaPlan is a known insurance company that gives hospitals a very hard time especially when it comes to discounts and fighting claims
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BasRunning head: BASIC FINANCIAL STATEMENTS Basic Financial Statements Robert A. Weir Basic Financial Statements There are four financial statements that business’ use to reference the financial data of a company. These statements are the balance sheet‚ the income sheet‚ the statement of retained earning and the statement of cash flows. These four statements show a variety of information that pertains to the financial situation of a company during a specific
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a) Five Users of Company Financial Statements There are various internal and external users of company financial statements. Internal users include employees‚ directors and shareholders‚ while external users include the government‚ the public‚ suppliers and creditors. 1. Investors Both current and potential shareholders/investors are the providers of capital in a company. They are interested in information that will help them determine whether to invest in the company. They are comparing different
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McBride Financial Services BLANK BSA/310 October 22‚ 2012 BLANK McBride Financial Services McBride Financial Services wants to expand its customer base and needs ideas on what to put in its new marketing effort toward this goal. The company will conduct a market research to achieve its goals. The marketing and promotion will be done through the television‚ radio‚ newspapers‚ and internet. By hitting the target audience with the marketing strategy McBride Financial Services will be successful
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Week 9 Final Project: Case Study XXXXXXXXX PSY/210 April 3‚ 2010 Week 9 Final Project: Case Study Case Study #2 Michael is a 40-year-old airline pilot who has recently begun to experience chest pains. The chest pains began when Michael signed his final divorce papers‚ ending his 15-year marriage. He fought for joint custody of his two children‚ ages 12 and 10‚ but although he wants to be with them more frequently‚ he only sees them every two weeks. This schedule is‚ in great part‚ a result
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Week 9 Tute: Ethics of Consumption (Assessed) Readings: Shaw et. al. (2013)‚ Chapter 5: The Morality and Ethics of Consumption. Textbook Reading: Why Do We Consume So Much‚ by Juliet Schor‚ pp.258-66. Task for students. Once you have read the textbook chapter and the Reading‚ answer discussion questions 1‚ 3-5 (ignore questions 2 and 6). 1. Who is the “we” in the question “why do we consume so much?” is Juliet Schor correct that “there is increasingly little that we do which is not a consumption
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Accounting and financial statement • Business going concern- dobry interes = IT WILL CONTINUE INTO THE FUTURE Current market value of its fixed assets is irrelevant‚ they’re not for sale. Fixed assets-środki trwałe. • NET BOOK VALUE->>Historical cost accounting = assets at original purchase price –accumulated depreciation charges. WARTOŚĆ KSIĘGOWA NETTO historyczna kalkulacja kosztów = aktywa w oryginalnej cenie zakupu-zgromadzone odpisy amortyzacyjne
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