17/07/2013 Finance Semester 2‚ 2013 Seminar 1 Introduction to finance & ethics in finance Ross et al. chapter 1. These powerpoint slides have been adapted from Frank Finn Professor of Finance Tom Smith’s (UQ) teaching material of “Three key finance ideas of valuation” and Dr. Scott McCarthy’s teaching material. 1 What is Finance? • Every business is a process of acquiring and disposing assets: real assets and financial assets. • Finance is a science of valuation and management
Premium Investment Asset Finance
Civil War due to the same amendment. This idea comes from the documentary‚ 13th‚ directed by Ava DuVernay. I chose this piece of media because it directly connects to the class lectures. The documentary begins with a short video of former President Obama voicing that despite the United States holding only five percent of the world’s population‚ it holds twenty-five percent of the world’s prisoners. After the short clip‚ 13th explains the ties between the racist legislature that arose in the United
Premium American Civil War United States Slavery in the United States
Start-up capital is the finance needed by a new business to pay for essential fixed and current assets before it and begin trading Revenue- money coming into the business. Selling products Revenue= number of products sold x price Costs- money going out of the business. E.g. salaries‚ rent‚ electricity/water Profit- Money which is left over after all costs have been paid P= R-C A car manufacture - Machinery - Labour - Land - Utilities - Raw materials A school - Labour
Premium Generally Accepted Accounting Principles Costs Balance sheet
Cost drivers‚ as propounded by Porter (1985) are the structural causes of the cost of an activity in the value chain. They determine the behaviour and level of costs within an activity. A cost driver can be completely‚ partly or not at all under the control of a firm. It is therefore important for a manager to understand these factors because according to the Neo-classical model of the firm‚ the firm’s objective is to maximise profit by producing a given level of output at the minimum cost level
Premium Costs Vertical integration Strategic management
the story of Beowulf and The 13th Warrior written by a Christian Monk and the story called Eaters of the Dead what was later know as The 13th Warrior written by Ibn Fadlan who was Moslem which was later written by Michael Crichton. Then there was a movie called The 13th Warrior. The two things that will be compared and contrasted are going to be the movie of The 13th Warrior and the Epic of Beowulf. Instead of doing a translation of Beowulf‚ the writer of the "The 13th Warrior" used his creativity
Premium Beowulf Ahmad ibn Fadlan
Annual Report and Form 20-F 2012 bp.com/annualreport Building a stronger‚ safer BP Annual Report and Form 20-F 2012 bp.com/annualreport Building a stronger‚ safer BP Front cover imagery The Petroleum Geo-Services (PGS) Ramform Sterling seismic vessel‚ which conducts seismic surveys for BP. Left image: the vessel working in the Ceduna Basin‚ Australia. Centre image: the vessel tows 12 streamers (pictured) behind it‚ each 8km long and equipped with hydrophones to pick up echoes from
Premium Peak oil Energy development Petroleum
After Hercules finished his 12th labor and died‚ they invited him up to Olympus. Twenty years after Hercules was invited to Olympus the portal was accidentally broken by little children gods playing with slingshots. Some of the working gods were busy rebuilding it and a giant centaur named Cleus busted through‚ the working gods tried to fight it off but the centaur was ten times the size of them all put together‚ so they fled not knowing what to do. Cleus did whatever he wanted for two days with
Premium KILL Greek mythology
Economic developments matched this new surge of intellectualism‚ bringing al-Andalus and the dhimmi into the global sphere. While other dhimmi took advantage of cultural and social opportunities‚ still countless others became active participants and leaders in the economy. As second class citizens‚ the dhimmis were the most viable candidates for an urban middle class and soon had access to multiple professional and administrative careers. They collaborated closely with Muslims to urbanize the empire
Premium Spain Islam Spanish people
My Thirteenth Winter is a phenomenal memoir of Abeel ’s life as she struggled with a disability named dyscalculia. Dyscalculia is an Impairment of the ability to solve mathematical problems‚ usually resulting from brain dysfunction. As she succeeded in all other subjects‚ the concept of basic math‚ she could not quite grasp. Samantha tells us her life story before and after she was diagnosed with dyscalculia. I Learned a great lesson from this book‚ be thankful for what god has given you. This
Premium Fiction Parent Family
evaluating the risks associated with a proposed project 3. (TCO 1) Book values are different from market values because: (Points : 3) Book values reflect the value of the asset based on generally-accepted accounting principles. Book values are used in the company’s balance sheet. Book values do not reflect the amount someone is willing to pay today for an asset. All of the above None of the above 4. (TCO 1) Which
Premium Income statement Cash flow Depreciation