Cash Flow OMM 622: Financial Decision-Making Instructor: Felix Lao September 30‚ 2013 The first thing any accountant looks for with a company financial is the bottom line. It is operating in the positive or negative and how much work will need to be done if it is not positive. Cash flow reflects how much cash is generated from the products and services sold by a company. Cash flow calculations involve making adjustments to net income by adding and subtracting the
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Chapter 11 Current Liabilities and Payroll Questions 1. A current liability is one that is payable within the coming year or within the company’s normal operating cycle if longer than a year. All other liabilities are long-term. A contingent liability is a potential liability that depends on a future event arising out of past events. The future event will determine the amount and existence of the liability. A contingent liability may or may not become an actual obligation. 2. The company reports
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INTRODUCTION However‚ every income is taxable under income tax law‚ whether it is received in cash or in kind‚ whether it is capital or revenue income‚ but still some incomes are given exemption from tax. In this lesson we will study those incomes which are exempt from tax. Here are some of the important items of income‚ which are fully exempt from income tax and which can be utilised by a resident individual Indian assessee for the purpose of tax planning. ➢ AGRICULTURAL INCOME:
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Bahrain is taking steps to tackle its unemployment problem and has brought down its jobless rate from 16 per cent to 3.5 per cent in the past five years. Bahrain started to discuss policies aimed at reducing unemployment among its citizens. Over the past five years‚ the key project was the establishment of the Unemployment Insurance System (UIS)‚ which is unique in the Arab world. The system allows unemployed citizens‚ who are registered with the Ministry of Labor‚ to receive a financial assistance
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Faculty of Actuaries Institute of Actuaries EXAMINATION 11 April 2005 (pm) Subject ST4 Pensions and other Benefits Specialist Technical Time allowed: Three hours INSTRUCTIONS TO THE CANDIDATE 1. Enter all the candidate and examination details as requested on the front of your answer booklet. You have 15 minutes at the start of the examination in which to read the questions. You are strongly encouraged to use this time for reading only‚ but notes may be made. You then have three hours to
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the government here in the Philippines. It’s not only about having sustainable retirement pension but also being secured and insured in your entire lifetime career. In this hub‚ I’m gonna discuss and sum up the benefits of being a GSIS member. After publishing about the SSS benefits‚ I’d like to say the GSIS benefits are more complex and would really amount to greater worth. Why do I say this? The pension benefits are in higher values compounded monthly and annually. Simply put‚ your private employer
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Ageing populations – the Economic and Social Consequences Two hundred years ago Thomas Malthus published his Essay on the Principle of Population‚ in which he predicted a future of gloom and doom for humanity. Population growth‚ he said‚ would outstrip food supply‚ leading to widespread poverty and mass famine. About 30 years ago the Club of Rome‚ an international group of industrialists‚ scientists‚ economists and statesmen‚ echoed his views‚ predicting that food‚ energy and raw materials would
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Part IV. Other Corporate Provisions | by Law and/or by CBA (Fringe Benefits) | BSBA HRDM 2-1 Group 4 Prof. Delmo | Arquiza‚ Angelica Fe Briones‚ Ahjhay Casiño‚ Romie Nick De Leon‚ Anne Beatriz Gabriel‚ Cherrie Mae Itable‚ Patricia Ericca Magbanlag‚ Khate Perona‚ Jessa Mae Villar‚ Darwin Arquiza‚ Angelica Fe Briones‚ Ahjhay Casiño‚ Romie Nick De Leon‚ Anne Beatriz Gabriel‚ Cherrie Mae Itable‚ Patricia Ericca Magbanlag‚ Khate
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Week6 This week’s lecture is subdivided into two parts job evaluation and pay structures. Job evaluation is a process in which the value of the job in an organisation is analysed and employees are placed in appropriate grades. Job evaluation is retained and modified by many organisations in order to ensure equity & equal values among the employees‚ evaluate benchmarks jobs‚ make market comparison and define band boundaries and allocate roles. Moreover to analyse and identify the hierarchy of
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1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements. • Harnischfeger included net sales figure from Kobe Steel Ltd. Previously‚ only net gross margin generated from transactions with Kobe Steel Ltd was included. As a result‚ net sales figure increased by $28 million. • Harnischfeger incorporated certain foreign subsidiaries’ financial statements with fiscal year ending 31st July. The adjustment resulted in a net sales figure increase
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