The financing activities section analyzes the company's flow of cash from its financing activities. This includes paying bank loans, borrowing from a bank, and any cash that was collected from selling bonds or stocks. While researching for our answers to discussion question two this week, we learned about some common ratios used to analyze financial information; Liquidity Ratios, Profitability Ratios, and Solvency Ratios. We also learned which ratios helped determine specific managerial decisions, each of them. Each ratio used by any company is just as important as the next.
Calculate the amount of employee taxes withheld and prepare the company's journal entry to accrue the January salaries expense and withholding of January taxes. Answer: Salaries Expense | 8,000 | | FICA–Social Security Taxes Payable ($8,000 x .062) | | 496 | FICA–Medicare Taxes Payable ($8,000 x .0145) | | 116 | Employees' Federal Income Taxes Payable ($8,000 x .15) | | 1,200 | Accrued Payroll Payable | | 6,188 | 11. On December 1, 2007 Gates Company borrowed $45,000 cash from FirstBank on a 90-day, 9% note payable. a. Prepare Gate's general journal entry to record the issuance of the note payable.
| | | Readings | Read Ch. 13 of Accounting.Read Ch. 2 & 3 of The Successful Business Plan.Read this week’s Electronic Reserve Readings. | | | Participation | Participate in class discussion. | | 4 | Learning Team | Respond to Designated Discussion Question | 6/25 | 1 | IndividualWileyPLUS Assignment Week Two | Resource: WileyPLUSComplete the following in WileyPLUS: Exercise E13-5 Exercise E13-6 Exercise E13-9 | 6/25 | 3 | IndividualSmall-Business Idea Paper | Imagine the government has released funds for creating small businesses.
BUS 650 UOP Course Homework Aid Managerial Finance /Complete Class Click Link below To Purchase Entire Class: http://homework.aid.com/BUS.650.Managerial.Finance.Complete.Class.Assignments.and.DQs.266.htm BUS 650 Week 1 DQ 1 The Role of Financial Management in a Firm Examine the role of management as it relates to finance in a corporation. In your post, discuss the role of management by addressing the following prompts: Explain the various aspects of finance that management must understand. Describe why a manager needs to understand the characteristics and importance of financial markets including their liquidity, competitiveness, and efficiency. Interpret the function of the Financial Balance Sheet in assisting in management’s decision
25 of Basic Finance. Reading Read this week’s Electronic Reserve Readings. Participation Participate in class discussion. 4/18 3 Individual Assignments From the Readings Resource: Titman, S., Keown, A. J., & Martin, J. D. (2011). Financial management: Principles and applications (11th ed.).
Comparative Ratio Analysis of Tootsie Roll Industries and Hershey Comapny A company’s general financial picture can be determined through a ratio analysis. Financial ratios have proved to be a useful tool for management, investors and creditors. Management uses financial ratios to develop ways to improve operating efficiency strategies for future growth and see how they stack up against the competition in their industry. Creditors and investors analyze ratios to determine a company’s financial strength and operating effectiveness in order to loan money or invest in them. Financial ratios have more impact when compared over several years to help identify trends.
These income statements are also useful for outside users such as investors, creditors and the government. Investors generally check the income statements of the company to verify the past financial performance of the business to evaluate their ability of producing future cash flows. Creditors also use the income statements to check and see if the business has enough revenue to pay its bills on time. Lastly, the government needs these statements to calculate the taxes which the corporation needs to pay regarding the profits earned over
BUSN602 Midterm Exam Set 2 Click Link Below To Buy: http://hwcampus.com/shop/busn602-midterm-exam-2/ Return to Assessment List Part 1 of 1 - 100.0 Points Question 1 of 20 5.0 Points Jill Clinton puts $1,000 in a savings passbook that pays 4% compounded quarterly. How much will she have in her account after five years? A.$1,200.50 B.$1,220.20 C.$1,174.80 D.$1,217.50 Question 2 of 20 5.0 Points An increase in inflation should: A.increase the demand for loanable funds B.decrease the interest rate on loans C.increase the interest rate on loans D.none of the above Question 3 of 20 5.0 Points Economists use a ___________________ framework to explain
Cash Inflows Income from sales: The money earned from selling goods and services creates an inflow of cash to the business. This is often called sales revenue or turnover. Loans from banks: it is common for a new business to borrow money in order to buy new items such as vehicles, machinery or property. When the loan is given to the business, this becomes a cash flow for the business. Money invested by the business’ owners: When a business is first started, its owners (sole traders or shareholders, for example) may invest money into the business, resulting in a cash flow.
Investors and creditors are examples of external users of accounting information. Investors make the decision to buy, sell, or hold stocks and creditors evaluate the risk of selling on credit or lending