REPUBLIC OF THE PHILIPPINES ILOCOS SUR POLYTECHNIC STATE COLLEGE COLLEGE OF BUSINESS MANAGEMENT NORTH CLUSTER STA. MARIA‚ ILOCOS SUR IN PARTIAL FULLFILLMENT TO THE REQUIREMENTS OF THE SUBJECT BUSINESS MATH PRESENTED BY: MONICA D. APALLA BSHRM 1A PRESENTED TO: MR. MARVIN GALCON SUBJECT INSTRUCTOR PROBLEM SOLVING INVOLVING INTEREST 1. You put $1000 into an investment yielding 6% annual interest; you left the money in for two years. How much interest
Premium Compound interest Interest
Learning Goal 6: Explain the relationships among financial decisions‚ return‚ risk‚ and the firm’s value. 1) Any action taken by the financial manager that increases risk will also increase the required return. True or False 2) In common stock valuation‚ any action taken by the financial manager that increases risk will cause an increase the required return. True or False 3) In common stock valuation‚ any action taken by the financial manager that increases risk will cause an increase
Premium Balance sheet Stock market P/E ratio
1. Alleg‚ Inc. Balance Sheet December 31‚ 2012 Assets Current Assets Cash And Cash Equivalents 14‚000 Marketable securities 17‚000 Accounts Receivables‚ Net 26‚000 Inventory 33‚000 90‚000 Total Long Term Assets Land and Buildings 57‚000 Machinery and equipment 120‚000 Accumulated Depreciation 61‚000 Goodwill 13‚000 Intangible Assets 9‚000 Other Assets 45‚000 183‚000 Total Assets 273‚000
Premium Balance sheet Generally Accepted Accounting Principles Asset
STATEMENT Grouping of the expenses 21/5/2013 Grouping by Nature Grouping by Function Kumail Rizvi‚ PhD‚ CFA‚ FRM Formatting Multi-step format (GP Subtotal) Single-Step format (No GP subtotal) 2 REVENUE 21/5/2013 Profit = Income – Expenses “Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in increases in equity‚ other than those relating to contributions
Premium Financial statements International Financial Reporting Standards Revenue
PROBLEMS 1. Table 3.3 shows the December 31‚ 2009 pro- forma balance sheet and income statements for R& E Supplies‚ Inc. The pro- forma balance sheet shows that R& E Supplies will need external funding from the bank of $ 1.4 million. However‚ they show $ 1.27 million in cash and short- term securities. Why are they going to the bank when they have most of the required amount in their cash account? 2. Pro forma financial statements‚ by definition‚ are predictions of a company’s financial statements
Premium Balance sheet Generally Accepted Accounting Principles Liability
TITLE: The Use of Profit and Loss Statements INTRODUCTION: This report will discuss the usage of a profit and loss statement in accounting as well as explaining why expenses are separated into specific categories in these reports. The different types of profits measured in this statement will also be explained. ROLE AND PUPOSE OF A PROFIT AND LOSS STATEMENT: 1. Role of a Profit and Loss Statement A profit and loss statement is a report prepared for presentation to interested parties showing
Premium Revenue Generally Accepted Accounting Principles Cost of goods sold
operating section. True False 4. When the net cash flows from operating‚ investing‚ and financing activities are combined to arrive at the overall net change in cash‚ a net decrease in cash is subtracted from the beginning cash balance to calculate the ending cash balance. True False 5. Major investing and financing activities that do not involve cash do not have to be reported as part of the statement of cash flows. True False 6. In general‚ the cash flow from operating activities
Premium Balance sheet Cash flow statement Cash flow
you understand by the concept of conservatism ? Why is it also called the concept of prudence? Why is it not applied as strongly today as it used to be in the Past ? (b) What is a Balance Sheet ? How does a Funds Flow Statement differ from a Balance Sheet ? Enumerate the items which are usually shown in a Balance Sheet and a Funds Flow Statement. 2 . (a) Discuss the importance of ratio analysis for inter-firm and intra-firm comparisons including circumstances responsible for its limitations
Premium Balance sheet Income statement Revenue
Milli Drexler ACC220 July 29‚ 2012 Accounting Documents A balance sheet is used by accounting departments to show a company their financial position at the end of a specified date. It is often called a snapshot of a company’s financial position at a given moment. It gives the reader of the document a clear picture of all transactions that have been posted by that company as of a specific date. When accountants prepare a balance sheet they list the company’s assets at the time. Assets are things
Premium Income statement Cash flow Generally Accepted Accounting Principles
The analysis and application of the balance sheet Kuang xin Financial accounting is one of the most popular major in the world. In the study of accounting‚ people must know and use expertly the three accounting statement‚ balance sheets‚ cash flow‚ and income statement. It is the most basic and useful skill in one’s career of accounting. But in the four basic financial statement‚ the balance sheet or called statement of financial position is the only one
Premium Balance sheet