FUNDS FLOW STATEMENT Meaning The term “Flow” means change and therefore‚ the term “Flow of Funds” means “Change in Funds” or “Change in Working Capital “. In other works‚ any increase or decrease in working capital means “Flow of Funds”. There are two concepts of working capital – gross concept and net concept. • Gross working capital refers to the firm’s investment in current assets • Net working capital means excess of current assets over current liabilities. In business several
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Petty Cash System Review (last 12 months) |Issue / Potential for Fraud |Fraud Rating |Date Incident Occurred |Notes | |No policy or procedures written up.|1 |Listed in the breakdowns below. |Many of the incidents or potential for fraud could be eliminated if there were documented | | | |
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FUND FLOW ANALYSIS Every business concern‚ at the end of its financial period‚ prepares Income Statements and Balance Sheet. Income Statements show the net result‚ Net Profit‚ of the business operations and contains various expenses incurred and losses and revenue earned during that period. Balance Sheet gives a summary of assets and liabilities as on a particular date and shows the financial position of the business. The liabilities side of a balance sheet shows the sources from where funds
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Bonny Garcia Garcia 1 Mrs. Sloane English 1301 24 July 2013 Walgreens vs. CVS Many consumers take time and consideration when choosing a local pharmacy to take their business to‚ since many of the pharmacies now have expanded their product selections to include many of your everyday household needs. When you are out looking for a local pharmacy and the two closest locations to you are CVS and Walgreens and they just happen to be located across the street from each other‚ what features
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This archive file includes FIN 200 Week 1 Assignment Cash Flow Preparation Part 2 of 2 Business - Management Purpose The purpose of this case study is to get you used to incorporating Microsoft Project charts and reports directly into your project’s progress reports. By now you should be able to work through the mechanics of loading tasks‚ predecessors‚ resources‚ and costs into MS Project. But the real challenge facing project managers is how to interpret the data
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To begin‚ since the early 1930s the United States has been doing business nationally and internationally. Over time the business world has significantly advanced both technologically and the way a company conducts their processes. Even though the business world has become such an advanced process‚ companies are continually looking for ways to improve their business. Within one of the largest shipping companies in the United States called FEDEX; research will forecast a way to improve the company’s
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Walgreen’s diversity officer has a lot to do to recover from the class-action lawsuit that was filed against the company which entails both short term and long term approaches. First and foremost‚ Walgreen’s must develop and accommodative strategy. Second‚ the officer must set common goals and establish their order and purpose for attainment. Third‚ for long term recovery‚ Walgreen’s should consider all options to make sure that people of all racial and ethnic backgrounds have the same opportunities
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Business Law I Brief of Court Case Walgreen Co. vs. Wisconsin Pharmacy Examining Board Citation: It was decided on February 19‚ 1998. Wisconsin Appellate Court The owner and operator of several pharmacies of the Walgreen Company in Wisconsin violated various regulatory statutes and administrative rules relating to pharmacies when it accepted prescription orders form physicians by a computer electronic mail system and provided used computers for some of the physicians participating in
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Introduction: This cash management report will analyze and interprets the trends for a business called “SERENA’S WORLD OF SHOES“ financial performance in terms of liquidity and efficiency with which it will focus on the assets and liabilities of the business. This report will describe the trends‚ causes of these trends and strategies for improvement with the help of various analytical tools. Findings Liquidity Liquidity analytical ratios (Key performance indicators) 2011 2012 Working
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CASH VERSUS CREDIT Cash and credit are the preferred methods of payments in today’s society. Some consumers only purchase with cash‚ while others enjoy the convenience of using a credit card. There are advantages and disadvantages to using both credit and cash. Understanding the benefits‚ and drawbacks of both‚ should make it easier to decide which method is best for you. Managing your money can be a challenge whether you are using cash or a credit card. For example‚ using your credit
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