sole proprietorship/private enterprise (compared to US law) A private enterprise owner is financially liable for the debts of the business with all of his/her assets. This means that if the business fails‚ the owner of the private enterprise has to use his personal assets (money‚ house‚ land‚ car‚ etc.) to pay back the debts of the private enterprise. Because proprietor is unique owner. About financial obligations‚ not only sole proprietorship but also all enterprises must
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placed Inventory received Payment sent Sale Inventory Accounts receivable Cash received Collection float Time Accounts payable Disbursement float Payment sent Cash disbursed OBJECTIVES After studying this chapter‚ you should be able to: • distinguish between solvency and liquidity. • differentiate between solvency ratios and the cash conversion period. • calculate and interpret the cash conversion period. • determine the change in shareholder wealth attributable
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PTMBA I / Trim III (A. Y. 2010-11) Div. C. Assets of Short Term Financial Policy Flexible Short Term Financial Policy Maintainance of high ratio of current assets to sales. This would include:- ❖ Keeping large cash & bank balances ❖ Making substantial investment in inventories. ❖ Liberal Credit Term meaning high level of debtors. Restrictive Short Term Financial Policy. This would include:- ❖ Low cash balances / no investment in marketable securities ❖ Small
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Eating Fish and Eye Disease Sandra Hall HCS/438 March 21‚ 2011 Curtis Ramsey Eating Fish and Eye Disease The New York Times has reported that eating fish in a regular diet has more benefits. The article explains that the Harvard Women’s Health study says people that eat fish once a week had a 42 percent less likelihood to develop macular degeneration that was age related than people that ate fish less than once a month. Macular degeneration is an inflammatory disease and fish has
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With regards to alcohol has many long term effects. The bloodstream transports blood all over the body. As soon as alcohol is consumed‚ it goes into the bloodstream and spreads throughout the body. It can affect the bones; it was said in‚ “Effects of Heavy Drinking‚” that alcohol can make arthritis more painful by inflaming the joints that are affected. Another example of liquor affecting the bones is gout which is another form of arthritis that harms the foot. The consumption of alcohol makes this
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money they have and how they use it to come up with a suitable plan to achieve the company’s financial goals. Budgeting is an important tool that would be beneficial to both long term and short term planning. A budget‚ usually a short term plan‚ is in the range between a year and not more than two‚ provides in-depth and detailed specifics which allow managers to measure the actual results against forecasts and thus‚ helps them gauge the progress of the project. A long term plan however identifies
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A short-term goal is something you want to do in the near future. The near future can mean today‚ this week‚ this month‚ or even this year. A short-term goal is something you want to accomplish soon. Something that will take you a long time to accomplish is called a long-term goal. Both long- and short-term goals can help you in your career. Short-term goals help you think about what you can do right away. Short-term goals can help you manage your time. Short-term goals might seem small‚ but completing
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allies during World War 2 the only issue the super power’s shared was their “commitment to defeating the Axis power (America A Concise History 731). The issue between the two quickly escalated and spread to the rest of the world. The third world was a term used for “developing or ex-colonial nations in Asia‚ Latin America‚ Africa‚ and the Middle East” (America A Concise History 751). The United States primary goal was to stop the spread of communism in certain countries. Although the Soviet Union and
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The two short term career goals that I am going to achieve after completing the Master in Business Administration (Finance) is to obtain a position of a Finance Manager in a reputable organizations. I plan to work as a Finance Executive for a duration of 2years in order to gain and develop the necessary foundational skills needed to work as a Financial Manager. My aim is to obtain a Finance Director position in one of the top financial organizations. This will give me a wide range of professional
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INTRODUCTION The nutrients in bananas also support normal cognitive functioning in terms of focus and memory. Bananas are an excellent source of potassium‚ which helps deliver oxygen to the brain to keep your mind sharp. The magnesium in bananas promotes proper electrical activity between nerve cells in the brain. Magnesium also helps the brain dispose of the waste byproduct of protein metabolism‚ ammonia. By reducing the brain ’s ammonia levels‚ magnesium improves your ability to focus‚ according
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