1.1 WORKING CAPITAL CONCEPTS Business activity Business activity is dynamic in character and subject to wide fluxions. The movement from working capital to income and profits and back to working capital is one of the most important characteristics of business administration. This operation is concerned with the deployment of funds with the hope that they will generate returns‚ rendering an additional amount called profit. If the operations of an enterprise are to run smoothly‚ proper relation
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We want to compare the performance of McDonald and Burger King; start by looking at their income statements‚ which we can find out whether the companies make money or not. The following information was obtained from http://www.marketwatch.com. The revenues for McDonald from 2008-2012 were 23.52B‚ 22.74B‚ 24.07B‚ 27.01B‚ 27.57B respectively. The company had expense of 14.88B‚ 13.95B‚ 14.44B‚ 16.32B‚ 16.75B‚ 1.97B for the last five years. And it has gross profit of 8.64B‚ 8.79B‚ 9.64B‚ 10.69B‚ 10.82B
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MEMBERS: DWAMENA ALEX S. ERASMUS KORLEY AMPADU RAPHEAL AGYAPONG FRANCIS Assume that Just-in-time stock management is used in accordance with the recommendation of the consultants. Calculate receipts from sales for each of the six months ending 30th June‚ 20x0 Solution: Note: High demand cannot be satisfied with a just in time stock management system. Therefore‚ over calculation for expected sales will be based on medium and low demand. SALES WORKING (£) Cash Receipt February = 19000
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Economic Competitive Strategy Analysis for Research in Motion Ltda. A. Overall Description of the Business and its Markets “Research In Motion (RIM)‚ a global leader in wireless innovation‚ revolutionized the mobile industry with the introduction of the BlackBerry ® solution in 1999.” Founded in 1984‚ with Headquarters in Waterloo‚ Ontario‚ Canada and offices in North America‚ Asia-Pacific and Europe‚ RIM designs‚ manufactures‚ and markets wireless solutions for the mobile communications market
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Long Term Care: Short Term vs Long Term Care There are times in our life when we need help. The same goes for our senior loved ones. Some occasions may simply require support for a short time while during the recovery from an injury or medical procedure‚ but chronic conditions may necessitate care that is much more significant. Since each condition requires care of different lengths‚ care services are divided into long and short-term care. Short-term care refers to services that range from mere
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for each individual‚ reviews their working and points out their effectiveness and inefficiencies. A) Responsibility accounting B) Ratio Analysis C) Cost Accounting D) Cause and effect analysis 2. If the ________ ratio of the company is more than that of other companies‚ it is worth investing. A) Dividend yield B) Earnings per share C) Dividend payout D) Return on Investment 3. The finished products‚ when sold on credit‚ get converted into ________. A) Short-term funds B) Sundry creditors C) Sundry
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Hope is a long term healthcare facility that is currently accommodates 100 residents. Our mission is to provide high quality long term care; therefore it’s important to deal with the issues that won’t allow us to achieve our mission. As a human resource manager I would like to elaborate a few critical problems we are facing. It has been a while that hiring and retaining qualified staff remained an ongoing challenge. Our annual turnover rate is 40 percent. In addition we are dealing with aging workforce
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Chapter 2 Overview of Working Capital Management After studying this chapter‚ you should be able to: Explain the definition of working capital Understand the two fundamental decision issues in working capital management -- and the trade-offs involved in making these decisions. Discuss how to determine the optimal level of current assets. Describe the relationship between profitability‚ liquidity‚ and risk in the management of working capital. Explain how to classify working capital according to its
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Individuals who need help with an addiction can choose an outpatient program or a residential treatment program. When it comes to success rates‚ inpatient treatment options offer the best chances of recovery. While at the treatment center‚ you are unable to access drugs or alcohol. This prevents a relapse from happening while you learn the tools necessary for long-term recovery. How a Residential Treatment Program Works The first step in the treatment process is to remove your chemical dependency
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score in Long Term Orientation‚ as she is definitely a pragmatic country. Russians believe that truth depends on situation‚ context and time. They tend to have a strong propensity to save and invest and perseverance in achieving results. However‚ the United States has a very low score in Long Term Orientation. Since Americans are prone to analyze before judging the truth‚ this culture doesn’t make most Americans pragmatic. The American business culture measures performance on a short-term basis‚ this
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