FINANCE AND ACCOUNTING

than debt financing.• What kind of assets is the company acquiring with the cash being ex-pended? Are these asset expenditures likely to be profitable? How longwill it take for these assets to repay their cost and then to earn a reason-able return?Kim reflected carefully on these issues an[r]

text called hypertext. Position your mouse pointer over one of these words, andthe arrow changes to a drawing of a hand. Click the mouse, and the computerwill automatically move to a new Web page. This move is called a hypertextlink. Using these hypertext links, a user can move around the Int[r]

A Common PitfallThe ease with which futures facilitate hedging sometimes coaxes managers tooccasionally take speculative positions. A photographic film manufacturer, forexample, might become experienced and comfortable hedging silver prices bygoing long in silver futures. Managers at the firm[r]

National Steel Corporation (1999) Gain on disposal of noncore assetsNew England Business Service Inc. (1996) Gain on sale of product lineNoble Drilling (1991) Insurance on rig abandoned in SomaliaPollo Tropical Inc. (1995) Business-interruption insurance recoveryRaven Industries Inc. (2000) Gain on[r]

Varco, 93–94Variable overhead indices, 211–212Variance analysis/reports (budgets), 179, 180,212–213Veeco Instruments, 43Vertical integration, 576, 577Vertical merger, 563Vishay Intertechnology Inc., 364Visual fit (method of cost behavior estimation),118–119Walker, James, 260Wal-Mart, 552–553, 554, 5[r]

as you would expect; our corporate officers, who typically talk with the topmanagement of potential customers; and our operations people, who demon-strate the system and answer the technical questions. In addition, for each showthere is quite a bit of preparation: Collateral materials[r]

1023COST-VOLUME-PROFIT ANALYSISWilliam C. LawlerAbigail Peabody was a very well-known nature photographer. Over the yearsshe had had a number of best-sellers, and her books adorned the coffee tablesof many households worldwide. On this particular day she was contemplatingher golden years, whi[r]

An effective business plan is a small business owner’s blueprint to success. As a CPA, you have the tactical vision to translate a great idea into a clear and well-designed plan. Through the SBA, you’ll find an abundance of information on writing and getting the most out of a business p[r]

of controls particularly important, and itemize many controls thatcan be installed in a small business.As controls frequently have a cost associated with them, it isalso possible to take them out of an accounting system in order tosave money; we discuss the process of spotting these co[r]

it typically involves their up-front commitment to make paymentsto the company as part of a new share offering and so tends tooccur over a short time period, rather than involving small incre-mental payments over a long time frame.How to Obtain a Bank LoanA businessperson making a first-time[r]

immediately remove equipment from use if they spot unusual damage that mayresult in equipment failure.• Risk of accidents due to improper instruction. School instructors must first serveas assistant instructors under the supervision of a more experienced instructor,who evaluates their skills and<[r]

information, the next logical step is to create a customer marginmatrix, because it reveals an additional level of detail by showingprofits by customer for each profit center. This method results in amatrix, as shown in Figure 9.9, that segregates all company cus-tomers into one of four quadrants on[r]

businesses almost indiscriminately—resulting in bad compar-isons among dissimilar businesses. Because operating ratios maybe tailored, there is less of a tendency for misapplication andgreater reliance on historical trends.• Operating ratios often can be calculated very quickly from obvi-ous data. F[r]

There is a feedback loop between the staffing and direct laborbudgets and the general and administrative budget, because thehuman resources department must staff itself based on the amountof hiring or layoffs anticipated elsewhere in the company. Similarly,a major change in the[r]

Wild, 2009, Princi-ples of Accounting, 19th ed., McGraw Hill FIN202 Tài chính doanh nghiệp Corporate Finance ECO121 60 3 Fundamentals of Corpo-rate Finance by Parrino, Kidwell FIN201 Kin[r]

8should be regardednot as a rental agreement but as if the asset had been purchased on credit. Thus on the signingof the lease the balance sheet of the lessee would include an asset and a liability and the pay-ments made to the lessor would be split between finance costs and<[r]

ments. For example, the budget communicates overall corporate goals to thedepartment managers so they clearly know what is expected of them; it also providesguidelines for how each department may conduct its activities. Most importantly,you as a department manager must present a strong case to upper[r]

ments. For example, the budget communicates overall corporate goals to thedepartment managers so they clearly know what is expected of them; it also providesguidelines for how each department may conduct its activities. Most importantly,you as a department manager must present a strong case to upper[r]

reporting entity would not have to transfer economic benefit arising from the credit balancewithout being sure that it would receive the benefits reflected by the debit balance.The conditions under which offset should and must be applied are set out in para. 29 andmay be summarised as follows[r]