Executive Summary Tire City‚ Inc. has petitioned MidBank for a loan in order to expand their business‚ and build a new warehouse. Through the financial statement reporting and the numbers that have been presented to me‚ I believe that this is a sound investment. The growth percentage of 20 percent per year is conceivable‚ if business stays as it currently is. The amount of debt that would need to be financed for this expansion is palatable‚ and well within the normal ranges for these sort of projects
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1. AN INVESTIGATION INTO THE STAFF TURNOVER IN EXCELLENCE INSURANCE COMPANY IN HARARE 2. BACKGROUND OF STUDY Excellence Insurance Company is situated at fifth floor Phain building corner Robert Mugabe and Second Street in Harare. It has got another branch in Bulawayo. It started operating on 1 April 2003. Its line of business is to write short term insurance which are fire‚ marine‚ motor accidents‚ farming and engineering policies. The company’s mission statement is‚ “To replicate the profitable
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Receivable Turnover = Net Sales/Average Net Account Receivables Accounts receivable turnover ratio measures the effectiveness of a company in extending credit and collecting debts. It is an activity ratio that measures how efficiently a firm uses its assets. Year ABC DEF GHI Industry Average 2012 31‚ 053/988 = 31.43 16‚842/1‚282.5 = 13.13 5‚160/618 = 8.35 17.64 2013 32‚722/1‚042 = 31.4 18‚657/937 = 19.91 5‚858/494 = 11.86 21.06 In this table you see the accounts receivable turnovers from the 3
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The Lima Timen The Civil War Finally Ends! Table of contents Pg. 1: main story. Civil war ends!! Pg. 2: biographical article. Pg. 3: opinion article about the war and the causes and effects. Pg. 4: interview with the president about the war!! Pg. 5: letter to the editor. Pg. 6: Pg. 7: South surrenders at Appomattox courthouse! Biography In today’s biography we have the president. Abraham Lincoln. Abraham Lincoln’s Birth and Childhood Abraham Lincoln was born
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Both job enrichment and job enlargement are serve as a tool for motivation and employee growth in an organization. Job enlargement mean taking charge of more duties and responsibilities which are not mention in job description. Job enlargement is a horizontal expansion of job‚ while job enrichment is about giving more control and managerial task and responsibilities which is a vertical expansion. For job enlargement. It could be a means of eliminating the boredom directly related to the type of
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Michael Eubanks of Canadian Tire Corporation (CTC) is in charge of the implementation of a business intelligence (BI) system for the company. This implementation began in 2003 and was to be completed in 2005. In 2006‚ the project is only in the 2nd of 3 phases. He is now faced with a problem. The implementation is going much slower than he anticipated. His goal is to implement BI as soon as possible‚ so what does he need to do so that he can reach this goal? In order to reach his goal‚ there are
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the quality of their health services and safeguarding high standards of care by creating an environment in which excellence in clinical care will flourish. Definition The NHS in Scotland defines clinical governance as "corporate accountability for clinical performance ". Background The Ministry of Health Malaysia‚ as the lead agency for health in the country‚ is committed to driving the health care sector in the provision of safe‚ high quality services through the implementation of the Clinical
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Question 4: Calculate the total asset turnover‚ the P‚ P‚ & E Turnover‚ and the intangible asset turnover for each of the past two years. Are these turnover ratios increasing or decreasing? What might explain these trends? Total Asset Turnover is a financial ratio that measures the efficiency of company’s use of its assets to product sales. It is a measure of how efficiently management is using the assets at its disposal to promote sales. The ratio helps to measure the productivity of a company’s
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PLANTS Plants in Our Daily Life A plant(also called green plants) is a multi-cellular living organism‚member of kingdom Plantae.It is at the base of the food web and are Autotrophs.Plants are considered as backbone of all life on Earth and essential resource for living oragnisms.Plants can be reffered as a factory which processes light into energy and manufactures food for it ownself as well as for other living things.Scientists have foundmore than 270‚000 spieces of plants They include a host of
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Tire City Case 1993 1994 1995 Notes-96 Multipli er 1996 Notes-97 Multipli er 1997 INCOME STATEMENT Net Sales Cost of Sales Gross Profit 16230 9430 6800 20355 11898 8457 staff projected 20% 23505 incr 58.1% 93‚ 58.5% 94‚ 13612 57.9% 95 9893 maintain same relationship to sales; 32% 93‚ 31.2% 94‚ 7471 31.8% 95 but "no depreciation on new expansion in 96 and expense on other assets should 213 remain the same % of S/T (Maturities of L/T) & L/T debt; 10.5% 93‚ 10.6% 94‚ 10.4% 94 95 2115 Rate (% of
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