Maintaining a balance sheet in every business is critical to tracking the progress of your activities...
Maintaining a balance sheet in every business is critical to tracking the progress of your activities throughout the fiscal year. As a Manager, discuss three (3) important variables to ensure a better reporting of the value of your organization.
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Maintaining a balance sheet in every business is critical to
tracking the progress of your activities...
Create a pro forma (projected) balance sheet, income statement, and statement of cash flows for your entrepreneurial firm. Although you may not have enough experience or business activities to actuall...
Create a pro forma (projected) balance sheet, income statement, and statement of cash flows for your entrepreneurial firm. Although you may not have enough experience or business activities to actually have real numbers, make assumptions for start-up costs, sales revenue, and expenses. Pro forma financial statements should be done on a monthly basis for the first two years, and then annually for the following three years, for five years total of business activity. Be sure to clearly articulate your assumptions.
New customer management database software has just been introduced to your company to enable more efficient...
New customer management database software has just been introduced to your company to enable more efficient customer service. The software reporting function has made you aware that some of the customer service staff may need to be trained. You confirm this need with the customer service manager. Use dot points to explain at-least four approaches managers should use to ensure staffs have the skills to implement the business plan and meet performance measures. Answer the following examples from your own...
!!!Only Project 2 need to be answered!!! Project Report 1 Once the business case has been approved, you need to make a...
!!!Only Project 2 need to be answered!!! Project Report 1 Once the business case has been approved, you need to make a project plan showing each task. Assume you are a project manager to lead your team to acquire an additional delivery van for the company. Please find the details below. The current month is January. Activity (What is to be done?) Objective (Why will we do it?) Resources (Where will it be done?) Procedures (How will it be done?)...
As a project goes through the execution phase, project control is critical to ensure that a...
As a project goes through the execution phase, project control is critical to ensure that a project stays within the constraints of time, cost, and scope. A project manager will use different monitoring techniques to help keep the project within these constraints. If a project incurs changes, becomes delayed, or costs become higher, a project manager will execute change control to document and determine how to handle the change. Once a project is completed, the project team should complete a...
make a balance sheet for accounts and balances Invest $40,000 in your own business Borrow an...
make a balance sheet for accounts and balances Invest $40,000 in your own business Borrow an additional $60,000 for five years to invest in the business. Buy office equipment for cash: $25,000 (useful for five years) Buy inventory of office supplies on account: $10,000 Prepay rent on office space for one year: $18,000 Continued: 1. Use $1,000 of office supplies in creating first project 2. Pay employees $1,500 for work done on first project 3. Receive payment of $14,000 for...
Your friend, Diana Warner, recently completed the second year of her business and just received annual financial statements from her accountant. Warner finds the income statement and balance sheet inf...
Your friend, Diana Warner, recently completed the second year of her business and just received annual financial statements from her accountant. Warner finds the income statement and balance sheet informative but does not understand the statement of cash flows. She says the first section is especially confusing because it contains a lot of additions and subtractions that do not make sense to her. Warner adds, "The income statement tells me the business is more profitable than last year and that's...
Critical Thinking Problem 20.2 Interpreting the Balance Sheet The Stockholders' Equity section of Foreign Tours Corporation's...
Critical Thinking Problem 20.2 Interpreting the Balance Sheet The Stockholders' Equity section of Foreign Tours Corporation's balance sheet at the close of the current year follows. 10 points $ 6,000,000 320,00 Stockholders' Equity Preferred stock (3%, $75 par value, 100,000 shares authorized) At Par Value (80,000 shares issued) Paid-in Capital in Excess of Par Value Common Stock (no par value, stated value of $5, 1,800,000 shares authorized) At Stated Value Paid-in Capital in Excess of Stated Value Retained Earnings Total...
i need help with the bottom half of the balance sheet Diary of activities Jan. 1st,...
i
need help with the bottom half of the balance sheet
Diary of activities Jan. 1st, 2018 Jan. 15th, 2018 We collected $100,000 in total from the whole class (some rich students!) We borrowed $200,000 from a local bank (the term is 30 years) We bought an office space for $150,000 We bought office equipment for $10,000 We bought supplies for $6,000 but only paid half of them ($3,000) in cash the other half is on credit. We have hired...
3. Business transactions and the balance sheet: 19 marks Optimus Prime is the owner (a sole-trader)...
3. Business transactions and the balance sheet: 19 marks Optimus Prime is the owner (a sole-trader) and manager of Shockwave Company. The business has become quite successful and needs to obtain an extra bank loan so that they can extend the current working space. As part of the loan application, Optimus Prime was asked to prepare a balance sheet and he prepared the following statement, but believes that there could be errors. He has asked for your help before submitting...
Personal Business Plan
Personal Business PlanThe point of this question is writing a personal business planPlease you can choose any type of business you want.(Example: opening a Grocery)"write" Personal Business Plan and highlight how entrepreneurship and innovation could play a role in their personal and career pathsCover all following kind of information1. Name of the company or Business• Select the right name which demonstrate your business activities• The Name which is available• The name is easy to save in memory• Not be in...
Critical Thinking Problem 20.2 Interpreting the Balance Sheet The Stockholders' Equity section of Foreign Tours Corporation's balance sheet at the close of the current year follows. 10 points $ 6,000,000 320,00 Stockholders' Equity Preferred stock (3%, $75 par value, 100,000 shares authorized) At Par Value (80,000 shares issued) Paid-in Capital in Excess of Par Value Common Stock (no par value, stated value of $5, 1,800,000 shares authorized) At Stated Value Paid-in Capital in Excess of Stated Value Retained Earnings Total...
i
need help with the bottom half of the balance sheet
Diary of activities Jan. 1st, 2018 Jan. 15th, 2018 We collected $100,000 in total from the whole class (some rich students!) We borrowed $200,000 from a local bank (the term is 30 years) We bought an office space for $150,000 We bought office equipment for $10,000 We bought supplies for $6,000 but only paid half of them ($3,000) in cash the other half is on credit. We have hired...
3. Business transactions and the balance sheet: 19 marks Optimus Prime is the owner (a sole-trader) and manager of Shockwave Company. The business has become quite successful and needs to obtain an extra bank loan so that they can extend the current working space. As part of the loan application, Optimus Prime was asked to prepare a balance sheet and he prepared the following statement, but believes that there could be errors. He has asked for your help before submitting...
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