BUSINESS PLAN OUTLINE THE BUSINESS CENTRE www.thebusinesscentre-nps.com turning ideas into enterprises Table of Contents Business Plan Overview Page #1 - #2 Your Business Venture Page #3 Industry & Market Analysis Page #4 - #5 Marketing Plan Page #6 Management & Ownership Page #7 Operating Plan Page #8 Financial Plan Page #9 - #12 Executive Summary Page #13 Exhibits and Appendices Page #14 THE BUSINESS CENTRE www.thebusinesscentre-nps
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Eli Lilly and Company Analysis Overview of Eli Lilly: Eli Lilly and Company is a pharmaceutical company that integrates many departments and supply-chain management. The company in itself discovers‚ develops‚ manufactures‚ and sells its drug. The company’s smaller segment also includes animal health business. They manufactures and distribute its products through either leased or owned facilities throughout the United States‚ Puerto Rico‚ and several other countries (25)‚ selling in approximately
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DESCRIPTION FOR THIS STUDY GUIDE: Dq1 How might a purchasing manager use his or her position to defraud the company? What can be done to prevent it? Where could an auditor look to find evidence of losses on purchase commitments and unrecorded liabilities to vendors? Dq2 Many companies use the computer to generate purchase orders. Who is responsible for authorizing a purchase when the computer generates the purchase order? How does the responsible individual ensure that computer-generated orders
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the target company being purchased. Ownership control of the company in turn conveys effective control over the assets of the company‚ but as the company is acquired intact as a going concern‚ this form of transaction carries with it all of the liabilities accrued by that business over its past and all of the risks that company faces. • The buyer buys the assets of the target company. The cash the target receives from the
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Chp 1 Accounting Equation 1. Determine the missing amount for each of the following: Assets Liabilities Owner’s Equity (a) $18‚000 $ 11‚000 $50‚000 (b) $ 28‚000 $35‚000 $ 7‚000 (c) Categories/classes of accounts 2. . Indicate whether each of the following represents an asset‚ liability‚ or owner’s equity/Capital: (a) accounts payable/Creditors (b) wages expense (c) capital (d) accounts receivable/Debtors (e) withdrawal (f) Land g. prepaid insurance
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Asset and Liability problems: The information presented here represents selected data from the December 31‚ 2010‚ balance sheets and income statements for the year then ended for three firms. Calculate the missing amounts for each firm. Firm A Firm B Firm C Total assets‚ 12/31/10 $401‚000 $531‚000 $334‚000 Total liabilities‚ 12/31/10 222‚000 143‚000 ___________ Paid-in capital‚ 12/31/10 85‚000 [pic] 42‚000 Retained earnings‚ 12/31/10 [pic] 319‚000 ___________ Net income for
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$160‚000 Liabilities = $240‚000 Owners’ Equity and - 200‚000 (Capital) = $40‚000 (Retained Earnings) Thus: Retained Earning = $40‚000 Q4 a) Increase assets (Office Equipment) Decrease assets (Cash) b) Increase assets (Accounts Receivable) Increase owner’s equity (Capital) c) Decrease assets (Cash) Decrease owner’s equity (Capital) d) Increase assets (Cash) Increase owner’s equity (Capital) e) Increase Assets (Cash)‚ Decrease Assets (Debtors) f) Increase assets (Supplies Increase liabilities (Accounts
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Chapter 08 Acquisition and Expenditure Cycle True / False Questions 1. Acquisition and expenditure activities include (1) purchasing goods and services‚ (2) receiving the goods or services‚ (3) recording the asset or expense and related liability‚ and (4) depreciating assets purchased. True False 2. Purchases are requisitioned by a purchasing department that seeks the best prices and quality. True False 3. The accounts payable department reconciles the vendor invoice‚ purchase
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EXAM3 EXTRA CREDIT 1. Ultimate Butter Popcorn issues 6%‚ 6-year bonds with a face amount of $47‚000. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price will the bonds issue? (Do not round PV factors. Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) Issue price $ 47‚000 2. Ultimate Butter Popcorn issues 7%‚ 6-year bonds with a face amount of $49‚000.
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Substantive Procedures for Cash Outflow Irregularities Substantive Procedures for Cash Outflow Irregularities There are many irregularities that can arise within the different accounting departments at Apollo Shoes. An audit program will be designed according to the three cycles that will be outlined below. The first cycle that will be discussed is cash‚ then accounts payable and finally the payroll function. These cycles will be evaluated for substantive procedures for Apollo Shoes
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