Q1. Assume the role of Shelley Edison. Using the financial statements for Eden’s Garden‚ calculate the 12 ratios covered in this chapter.. A1. Current Ratio 129‚936 87‚622 = 1.48:1 Quick Ratio 129‚936-88‚157 87‚622 = .48:1 Debt Ratio 87‚622‚+119‚846 280‚843 = 74:1 Debt to Net Worth Ratio 87‚622‚+119‚846 73‚375 = 2.83:1 Time Interest Earned 30‚189‚+21‚978 21‚978 = 2.37:1 Average Inventory Turnover 395‚683 78‚271‚+86‚1572 = 4.8 times/yr. Average Collection Period 289‚484 25‚952 = 11.15 times/yr
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True Correct Incorrect Ungraded 2. A firm will experience a loss when its revenue is less than its expenses. A) True B) False Points Earned: 2.0/2.0 Correct Answer(s): True Correct Incorrect Ungraded 3. Business will incur a profit when expenses are higher than revenue. A) True B) False Points Earned: 2.0/2.0 Correct Answer(s): False Correct Incorrect Ungraded 4. Profit is the money that a business earns in revenue‚ minus investments‚ and the cost of salaries. A) True
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“The Notebook” Describe the main event of the book The Notebook is a 1996 romantic novel by American novelist Nicholas Sparks‚ based on a true story. A man with a faded‚ well-worn notebook open in his lap. A woman experiencing a morning ritual she doesn’t understand. Until he begins to read to her. The Notebook is an achingly tender story about the enduring power of love‚ a story of miracles that will stay with you forever. The story begins with Noah‚ an 80-year-old man‚ reading to a woman in
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Business Plan Template The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It is divided into several sections. Work through the sections in any order that you want‚ except for the Executive Summary‚ which should be done last. Skip any sections (s) that do not apply to your type of business. When you are finished writing your first draft‚ you’ll have a collection of small essays on the various topics of the business
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Business Plan for a Startup Business Technopreneurship begins with a technological idea that upon reflection can be converted into a valuable opportunity. Simply put‚ technopreneurship is entrepreneurship in technological venture. Thus‚ technopreneurship involves the entrepreneurial life cycle. One of the phases of such life cycle is to document one’s business idea into a business plan. The business plan consists of a narrative and several financial worksheets. The real value of creating a business
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Business Law I January 31‚ 2013 Corporate Structure Assessments Part A: A sole proprietorship is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. The IRS does not consider the sole proprietorship as a separate business entity. The owner reports
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100 Ideas For Your Student Council School Events 1. 2. 3. 4. 5. 6. 7. 8. 9. Arm Wrestling: Hold an all school arm wrestling competition. You can have boys against boys‚ girls against girls‚ or coed. It could be a money maker by charging people to enter. Don’t forget prizes! Basketball Tournament: You could do three on three‚ teachers vs. students‚ or teachers vs. teachers of a rival school.
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NESTLE PAKISTAN (nestle pure life) BUSINESS PLAN NESTLE PAKISTAN 1. EXECUTIVE SUMMARY: Name and Address: Nestlé Pakistan Limited 308 – Upper Mall‚ Lahore - 54000‚ Pakistan PABX: (042) 111 637 853 Fax: (042) 35789303-4 Email: info@pk.nestle.com Corporate Office Annex: 304‚ 309 – Upper Mall‚ Lahore‚ Pakistan. Board of Directors: Mr. Syed Yawar Ali Chairman (308-Upper Mall‚ Lahore‚ Pakistan) Mr. Ian J. Donald Managing Director (308-Upper Mall‚ Lahore
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that may impact on the implementation of their business plan. Business law exists to ensure that firms can engage in lawful activity without impediment‚ and to restrain unlawful activity by that or any other firm. Constraints that impact on the implementation of a business plan are categorised into six areas. These are: • Legal. • Financial. • Social. • Environmental. • Technological. • Competitive. I will now evaluate these constraints and discuss how‚ and in what ways‚ they may impact
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summary of the business plan’s contents and sets out the basic concept that the entrepreneur is trying to develop. a. Name and address of the business; b. Name(s) and address(es) of principals; c. Nature of Business – what industry are you in? Our business plan contains the blue print and strategies that will be executed to attain our goal. It also contains the pro’s and con’s of the business and is elaborated on how to strengthen the pro’s and diminish the con’s. We also plan to figure
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