Business and Social Science Vol. 2 No. 22; December 2011 Analyzing the Impact of Working Capital Management on the Profitability of SME’s in Pakistan Mustafa Afeef Lecturer Iqra National University Phase 2‚ Hayatabad‚ Peshawar Pakistan Abstract Working Capital Management has an overriding impact on a firm’s profit performance. However‚ it is expected that an efficient management of working capital might have a more profound impact on profitability of small enterprises than on the performance
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ATTENTION!! :Don’t Forget‚ Before Doing this exercise‚ Read Proverbs 2:6 and Pray first. On Jan 1‚ 2013‚ Galau co. Issued $ 500‚000 of ten-year ( semi-annually on every June 30 and Dec 31 )‚ with 13% callable bonds at an effective rate 12%. On June 30‚ 2013‚ Paid the first semi-annual interest on bonds. On Dec 31‚ 2015‚ Galau co. has redemption the bonds at 98. INSTRUCTIONS : 1. The bonds will sell at ? premium on bonds payable‚ because contract rate(callable bonds) is greater than market rate(effective
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In this simulation‚ our team did an audit process by selecting a base to calculate Planned Materiality. We allocated the Materiality to the relevant accounts and set a Tolerable Misstatement for each account. Then‚ we assessed Audit Risk‚ Inherent Risk‚ and Control risk to derive Detection Risk. As a result of these decisions‚ we derived Sample Size and Sampling Interval‚ and set an Expected Misstatement. We learned that certain accounts have to be audit 100 percent. Some of these accounts are
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My 48 hour ice cube addiction simulation turned out to be very different than what i had expected. I don’t put an ice cubes in my water cup at all. So my ice maker in the freezer is always empty. So I have to keep the ice maker full of ice cubes to use it in my addiction simulation. My first hour in the 48 hours simulation I was trying to fill my water bottle with ice cubes. I spilled some of ice cubes on the floor. My dad got suspicious when I filled a water bottle full of ice cubes‚ because I’m
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I began year three with $1‚120.28‚ which was more money than I have ever had in the whole simulation. The first event that took place was the government event. I was very apprehensive because we had just elected a new president‚ Jacob‚ and had new house members‚ so I was unsure how they would feel about the laws that we would try to pass. Jacob also started out his presidency by saying that everyone will be able to have free healthcare‚ even though that is impossible‚ so the government had to figure
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Calculation of Pi Using the Monte Carlo Method by Eve Andersson Home : Pi : One Calculation ________________________________________ The "Monte Carlo Method" is a method of solving problems using statistics. Given the probability‚ P‚ that an event will occur in certain conditions‚ a computer can be used to generate those conditions repeatedly. The number of times the event occurs divided by the number of times the conditions are generated should be approximately equal to P.
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a loading dock at Prudoc Bay is given by the following probability distribution: The time required to fill a tanker with oil and prepare it for sea is given by the following probability distribution: Simulate the movement of tanker to and from the single loading dock for the first 20 arrivals. Compute the average time between arrivals‚ average waiting time to load‚ and average number of tankers waiting to be loaded. 3. The Jaguh Squad receives an emergency call every 1‚2‚3‚4‚5‚ or
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The simulation for reproductive health was certainly a learning experience. While practicing with the patient‚ I was able to identify my own strengths and weaknesses. However‚ as the preceptor said‚ simulation is not simply about learning from practicing with the dummies. It is about learning from the other teams. This is certainly true. I learned about what I should do with a real patient as well as what I should not do by watching the other teams. Because it is easy to be critical of oneself‚
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SCIENCE TITRATION SIMULATION ! TRIAL 1:! This reaction was strong acid vs. strong base! ! Known: Acid! Unknown: Base HCl NaOH Volume! 25.00 mL 18.66 mL Molarity 0.1396 M Uknown Name! Indicator ! Methyl Orange! Turned red when mixed with the acid solution.! After adding 18.66 mL of base‚ turned orange. After having added the correct amount of base to the acid solution mixed with indicator‚ we can calculate the concentration of the base solution
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Management Of Working Capital Introduction Working Capital-Definition Working Capital is the cash needed to pay for the day to day operation of the business. Along with long term investments ‚ business also needs funds for short-term purposes to finance current operations. Investment in short term assets like cash‚ inventories‚ debtors etc.‚ is called ‘Short-term Funds’ or ‘Working Capital’. Hence‚ the management of Working Capital is very important
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