Acc501 Business Finance All Softwares
Business Finance –ACC501 VU LESSON 1 BUSINESS FINANCE The Primary textbook for the course is.Essentials of Corporate Finance, by Ross, Westerfield and Jordan, fourth edition, McGraw Hill Publishers, ISBN 0-07-121057-7 Reference books will be. Why Study Finance?. Marketing and Finance o Marketers have to work with budgets o Need to get greatest payoffs from marketing expenditures and programs o Cost and Benefit analysis of projects o So, finance is vital for: § Marketing research § Design of marketing and distributions channels § Product pricing. Accounting and Finance. Can you get microsoft word on a chromebook. Forms of Business Organization Three major forms o Sole proprietorship o Partnership General Limited o Corporation Limited Liability Company Sole Proprietorship Advantages o Easiest to start o Least regulated o Single owner keeps all the profits o Taxed once as personal income Disadvantages o Limited to life of owner o Equity capital limited to.
Which balance sheet items of Star Cement will be affected if Ali supplied clinker of Rs. 2,500 on account?
Item on current liabilities (Accounts Payable) side will be increase for Star Cements, if Ali Supplied clinker of Rs.2,500/- on 90 days credit period.
Based upon the given information in question, what will be the new current ratio of Star Cement if Mr. Ali supplies material of Rs. 2,500 on account?
Current ratio = Current asset / current liabilities 7,521/Rs. 4,424 = 1.70
Current ratio after supplies of Rs. 2,500/-: Current liabilities will be increase after supplies to Star cement which will also increase the inventory on current asset side.
Current assets = 7,521 + 2,500 = 10,021/-
Current liability = 4,424 + 2,500 = 6,924/-
Current ratio = 10,021 / 6,924
Current ratio = 1.44
Based upon the given information in question, what will be the new quick ratio of Star Cement if Mr. Ali supplies material of Rs. 2.500 on account?
Quick ratio = Current asset – Inventory / current liabilities
Quick ratio = 6,450/Rs. 4,424 1.46
Quick ratio after supplies of Rs. 2,500/-: current liability will be increase after supplies.
Quick ratio = 6,450 / 4,424 + 2,500
Quick ratio = 0.93
Acc501 Business Finance All Softwares Online
Based on the answers of (b) and (c), which particular ratio (current or quick) will be affected more by this purchase on account?
Quick ratio affects more by the purchase on account of star cement if Ali supplies 2,500/- of clinker.
You are applying for a managerial position at an innovative and rapidly growing company. This is a dynamic company that wants an individual who adds value to the organization. Managers at this company wear many hats, so the position requires managing products, people, and financial aspects of running the company.
As part of the interview process, you are required to make a presentation covering four different topics, one per module for this course.
Acc501 Business Finance All Softwares Download
You choose the company and the new product that you want to showcase in your presentation. It can be real or fictitious (based on an industry). This is for background purposes only. The presentation is to showcase your abilities and what you can contribute to the organization.
IBIS World (access on the Trident Portal through the Online Library >Additional Library Resources > IBISWorld link) and BizStats have estimates of cost of goods sold and some other categories of operating expenses. Information about contribution margins is not available, but adding new products typically mean incurring both fixed and variable costs. Consequently, cost of goods sold is a reasonable estimate. Net operating income as a percentage of sales or some variation thereof may also be relevant if the new product is expected to contribute significantly to the bottom line. As a candidate for a position you would not have internal information available, but being resourceful and being a skilled researcher are desired traits for the position. IBIS World also has a wealth of other market statistics that may be helpful. Use listed background material and other resources as needed.
Acc501 Business Finance All Softwares Examples
Include the following items in your presentation.
- Present an idea for a new product.
- Describe the product.
- Show some cost estimates and pricing suggestion for this product based on research.
- What approach would you use to determine selling price (for example cost plus or target costing)? It is important when choosing a design.
- Explain your rationale for the pricing approach.
- Show expectations of growth and potential profit.
SLP Assignment Expectations
Acc501 Business Finance All Softwares Free
Submit a PowerPoint presentation or a Word Document. A PowerPoint presentation should have no more than six slides and a Word document cannot exceed two pages. Use words, tables, and graphs to make a succinct presentation. Document all sources and provide links at the end. It is acceptable to add another slide or page to list the sources.