2009= (9,172,000 x365) / 63,729,000 2009= 52.53 2010= (9,211,000 x 365) / 63,398,000 2010=53.03 Trade Receivables Collection Period The ratio reveals how long a company is able to collect the funds from credit customers owed the business. Howe Continue Reading...
The budgeting process requires the university to have a clear sense of its core values: What is more important -- a new athletic facility or maintaining high salaries for faculty? The way that a university education is transmitted to students will Continue Reading...
Finance Flexible Budget for Yum Brands Inc. Flexible budgeting allows a firm to look at different potential scenarios, often this may be undertaken for an optimistic, pessimistic and most likely scenario. Firms will often undertake forecasting exer Continue Reading...
The overall impact of financial management is not only on the finances of the students but also their overall academic performance. The higher the overall expenses of a student, the higher will be his inclination to find work and invest more hours Continue Reading...
Strategic Perspectives in Management Accounting and Finance The main reason for differentiation in the accounting studies seemed to occur due to the functionalist perceptions in the expertise of social studies. According to Dellaportas and Davenport Continue Reading...
Accounting Information System: Role of Relevance and Reliability in the Conceptual Framework The development any system, whether manual or automated, requires a conceptual framework that serves as the foundation for the establishment of requirement Continue Reading...
Accounting and Intrusion Detection In a report issued by Paladin Technologies, Inc., entitled: "Security Metrics: Providing Cost Justification for Security Projects," 273 organizations were surveyed on the topic of security. The report illustrates i Continue Reading...
Budgeting The relevance of budgets when it comes to the management of organizational operations cannot be overstated. In this text, I discuss the various types of budgets. In so doing, I will make use of a hypothetical company by the name ABC Indust Continue Reading...
"Management believes that the accounting estimates employed are appropriate and the resulting balances are reasonable; however, due to the inherent uncertainties in making estimates actual results could differ from the original estimates, requiring Continue Reading...
According to Shim and Siegel (1999), "The price-earning ratio equals market price of stock divided by earnings per share. It is used by potential investors in deciding whether to invest in the company. A high P/E ratio is desirable because it indic Continue Reading...
Breakeven Analysis Sony Flexible Budget Analysis Sony is a company that has long dominated the electronics market. However, in recent years, it has seemed to loose its primary grip over the market. Still, examining the financials of 2013, one can s Continue Reading...
Effective Communication -- Defining an Accurate Budget Effective Communications with Property Management Financial Statements The 2016 property management operating budget serves as the foundation of expansion plans and the planning of new business Continue Reading...
In this regard, Garner adds that, "A safety-smart leader realizes that while a $10 flashlight purchased in bulk at the local discount store may put out enough light to read a driver's license, a 20,000 candlepower light that sets the department back Continue Reading...
Budget Management Analysis So much connected to the process of budgeting is difficult. It can be difficult to draft a budget which is accurate and which connects to all project needs. Moreover, it can be quite challenging to stay within the guidelin Continue Reading...
Finance and Budgeting Mission and Goals of the Organization The Federal Emergency Management Agency (FEMA) is an agency within the Department of Homeland Security. FEMA's stated mission also encompasses its goals. The mission statement is "to suppo Continue Reading...
Accounting in British Petroleum Scope, Aims, and Objectives The research project proposed herein will examine the role of accounting in the past progression and current situation of British Petroleum, the company that came under intense public scru Continue Reading...
Accounting forms the overall backbone of the financial world. Financial markets are predicated on consumer and user confidence. Without confidence, consumers attempting to make financial decisions will be doing so using inaccurate and incomplete info Continue Reading...
Budget Concepts The Alice Hyde Medical Center is a medical organization located in Malone, NY (Home Page). It contains various services to the public, such as laboratory, imaging, surgery, rehabilitation, pediatrics, etc., as well as, the Family Mat Continue Reading...
Accounting A static budget is defined as a budget that is "planned ahead of time based on the owner's best guess about future actual activity." This type of budget is therefore put together for the upcoming time period, and is often based on the dat Continue Reading...
Accounting Budgeting The traditional role of budgeting combines the need for planning and the development of a framework which can be used for control. This is achieved through the gathering of figures for the expected or desired revenue generation Continue Reading...
Accounting Capital Accounting and Budgeting Questions NPV When a firm has different potential projects or investments, they will want to assess their options to ensure they make the best choice. However, comparing different types of projects or in Continue Reading...
Budgeting and Financial Planning Distinctions between budgeting & financial planning. The difference between budgeting and financial planning The difference between budgeting and financial planning Budgeting and financial planning are often u Continue Reading...
Budget Management Analysis In budgeting, one of the major challenges is accurately predicting the profit margins of a firm. This is because there are uncertainties from changes in the economy and their industry. These factors could adversely affect Continue Reading...
Functional Perspective Though financial systems change over time, their functional perspectives do not. Operational financial systems are expected to be similar in all economies, hence, its necessitated reliability in the system. A functional pers Continue Reading...
Furthermore, the assumed 'cooperation' of these assets when put in portfolio maybe perceived differently by the manager than the reality will be which can lead to losses. On the difficulties side, first of all, the opportunity cost of capital is th Continue Reading...
Budgeting as an Adequate Tool for Planning and Control in Organizations: A budget apart from being a coordinated and comprehensive financial plan for the resources and operations of a given future period is also intended to promote the managerial fu Continue Reading...
production/income and so on. Some companies also include quality assessments as part of their analysis of department efficiencies. 5.Explain the role of the budget in the business control cycle. Budgets can be used to help a firm meet goals and ob Continue Reading...
Accounting standards and IFRS adoption in Cambodia and Thailand The significance of accounting standards Accounting may be considered as a business language through which the statistical results can be acquired which help in analyzing how well the Continue Reading...
Criminal justice agencies rarely use a program budget, although this format does offer some advantages. This budget places a strong emphasis on different programs' social utility and strives to define the relationship between policy objectives, pro Continue Reading...
Due to Ford's international presence, this database needed to be accessible remotely, and so the database was created to have remote access from any browser in Ford's locations in 120 countries. Utilizing this technology is a fundamental piece of Fo Continue Reading...
Accounting Operating Leverage, Return on Investment, Economic value added and Net Profit Margin at Yum Brands A firms performance is often measured using ratios. There are many different ratios which are used, all indicating different types of perf Continue Reading...
Budgeting is not only useful for a business organization but it is also useful for personal planning and spending. The existence of a well structured budget within an organization or a personal budget tells how well a person or the business is organi Continue Reading...
Finances in Nursing, Interview Description of the role of a CFO within selected organization A CFO has to have a sharp understanding of finance. Individuals presume that CFOs have that; however one would state it's not in all cases. It's likewise b Continue Reading...
Certain specialists in the field have agreed upon the two most important principles that the budget, whether it is a governmental or corporate one, should follow. One of the two principles consists in the fact that the budget should be designed as a Continue Reading...
58 (YHOO), 13.38 (NKE) and 8.15 (BA). There are many explanations for the differences between the P/E ratios of these companies. One is the expected rate of growth. Each of these companies is operates mainly in one market, and is either the dominant Continue Reading...
Looking over a spreadsheet can clarify when to make larger purchases, such as waiting until the start of a new billing cycle, or negotiating better payment terms offered by suppliers and any creditors, especially when interest rates are volatile. O Continue Reading...
Budgeting High Quality Sources Innovation in budgeting models and approaches Innovation in budgeting models and approaches While budgets are the point of concern today not only for nations, organizations and families but also for individuals, it Continue Reading...
The structuring of debt and its implications on cash flows, the structuring of payback periods, the use of fixed vs. adjustable-based loans, the use of accelerated loans, and conversely, the use of annuities, compound saving strategies, asset appre Continue Reading...
