FI515 Week 7 Homework Managerial Finance Jalil Musah Problems (pgs. 681-682) 16-1 to 16-5 16-1 Cash Management Current Inventory = Sales/Current Inventory Turnover Ratio X = $10‚000‚000 / 2 = $5‚000‚000 in Current Inventory New Inventory = Sales/New Inventory Ratio X = $10‚000‚000 / 5 = $2‚000‚000 in New Inventory $5‚000‚000 – 2‚000‚000 = $3‚000‚000 The company will free up $3 million in free cash flow. 16-2 Receivables Investment Receivables = (DSO) * (Average Daily Sales)
Premium Accounts receivable Generally Accepted Accounting Principles Accounting software
S.M.A.R.T. Goals Specific Measurable Attainable Realistic Timely Specific - A specific goal has a much greater chance of being accomplished than a general goal. To set a specific
Premium Time Goal
Charmaine Thompson-Kinney 278 Sterling St. Bklyn NY11225 9174767496 charmainetk@gmail.com Objective To obtain a position with an organization that will give me the opportunity to utilize my skills that will contribute to corporate goals. Education York College City University‚ Queens NY Bachelor of Arts in Psychology New York City Technical College Brooklyn NY Associate of Arts Experience Administration for Children ’s Services Office of Pre-Placement Services- New Y ork‚NY January
Premium New York City New York
The importance of setting goals Setting goals is a fundamental component to long-term success. The reason for this is you need to know what you’re trying to achieve before trying to achieve it. In order to be motivated in life you need to set goals; there are different types of goals‚ long term and short term. We usually set long-term goals but in order to achieve them‚ set short-term goals. They all fit together when looking at the bigger picture. The long-term usually being over a longer time
Premium Time Term Goal
Marine Corps has its roots in my childhood. As a kid‚ I read a lot a fantasy books with valiant and selfless warriors who sacrificed their lives and safety for others. They were childhood heroes to a kid who didn’t watch sports or TV. As much as I marveled and sought to be like my storybook heroes‚ I grew to love jet planes just as much. At the time‚ fast planes were the coolest. I spent a lot of my time poring over fact sheets and technical information I didn’t understand. My childhood aspirations were
Premium Family United States Aircraft
Goals in Life I firmly believe that if one plans on being a successful person in society‚ setting goals is a very important step. Having goals not only gives you a clear focus on things‚ it also helps you to organize your plans by allowing you to give yourself time limits and boundaries. Athletics are very fun‚ and may help count towards a goal in life. Sports may be fun‚ but you need hard work to become good at it. There is a chance that one day I may be able to get a scholarship for college
Free High school College School
Who is a Teacher? By Joe Waldron In the early years of school we are asked to participate in "Show and Tell." Some people dread the experience‚ some people like it so much they spend the rest of their life looking for things they can share with others. When the Show and Tell bug has bitten the young person the student may become a teacher. There are many good teachers we meet in life; a few of us take it up as a profession. Why are some people like this? The best of teachers simply enjoy
Premium Assessment Education Educational psychology
English 303 19 October 2014 Goal in life Ever since I was a little kid there has been a few things on my mind that I have always wanted to do in life. Not a day went by where I didn’t wanted to do these certain things in life‚ I have dreamt about doing it and now today I’m trying to fulfill that dream and become what I’ve always wanted to do. Now that I am in college I’m learning that it’s not a walk in the park
Premium
Profession Tiffany Trent Becoming a Teacher I would love to write about how I wanted to become a teacher since I was ten years old‚ but it is not true. I just happened to get involved in a round-about-way. Having four children under the age of ten‚ going back to work was a necessity. I became a school nutritionist‚ also known as ‘lunch lady’. It was perfect hours‚ decent pay and summers off‚ what more could I ask for? On my second day‚ I met the special needs teacher‚ Jessica‚ who changed everything
Free Education Teacher School
Northern and Southern Dynasties (386 - 589) The Northern and Southern Dynasties period (386 - 589) was a time of division in Chinese history‚ during which the Yellow River watershed of China first experienced a period of cultural transformation under the rule of a minority group. After the fall of the Eastern Jin Dynasty (317 - 420)‚ four regimes - the Song‚ the Qi‚ the Liang‚ and the Chen appeared one after the other in south China. In north China the Northern Wei‚ the Eastern Wei‚ the Western
Premium Han Dynasty Han Chinese China