Volumetric flow rate

also a new owner of a small real estate business named Hemlock Homes. For this assignment, I got insight as to how he uses accounting information as a small business owner. In his daily job, Mr. Watson uses income statements, balance sheets, and cash flow reports in order to evaluate the progress of his company. When looking at these financial statements, he is able to regulate factors concerning the finances of his company. Financial statements help Mr. Watson observe how his company allocates…

The newly FDA-approved chin fat reduction procedure has continued receiving great online and offline reviews. So if you are one of the people affected by submental fat, you’re probably not happy with your current state. In the past, liposuction was the only recommended treatment for shrinking a double chin. However, thanks to technology, Kybella was introduced and approved by the FDA in 2015. Being made from a natural occurring ingredient, Kybella effectively dissolves under chin fat, giving you…

. What financial tools do you use in this chapter? In this topic, we talk about two tools the budget and the financial statements. These protect our capital from any effect of our financial decisions, help us evaluate options, consequences and they identify potential threats. The budget is an estimate of the income and expenses that will be taken in the project. Helps evaluate projects and proposals with a purpose of finalizing this. The financial statement provides a picture of our current…

A few years ago, GM accepted a bailout and a restructuring plan from the federal government (Kinicki & Williams, 2013). Their plan consist of a goal to reach annual profits of over $10 billion, 10% profit margin increase, becoming debt-free, cutting costs and incentives, and corporate tax exemption for several years (Kinicki & Williams, 2013). At the end of 2011, GM was expected to reach a profit of almost $8 billion (Kinicki & Williams, 2013). This was made possible after a sharp reduction of…

On 08/30/16 we received a payment request in the amount of $633,451.60 ($617,158.33 LOSS & $16,293.27 LAE) from the broker, AON on behalf of Zurich (ZIC). The Pay Time form is completed & tasked to K.Haniff. Our current outstanding reserve is $1,044,591.03 ($837,699.66 Loss & $206,891.37 LAE) with a total incurred of $2,813,385.09. An increase of $62.91 in LAE is required. After payment of the $633,451.60 our outstanding reserve will be $411,202.34 (Loss $220,541.33 & LAE $190,661.01) for a…

he Income Summary account is used to Close the revenue and expense accounts. The income summary account is a transitional account into which all income statement revenue and expense accounts are transferred at the end of an accounting period. The net amount transferred into the income summary account equals the net profit or loss that the business incurred during the period. Thus, shifting revenue out of the income statement means debiting the revenue account for the total amount of revenue…

Canada Goose exporting to China Himanshu Puri (000361959) Paramjeet Saini (000360787) Ritika Sharma (000360793) Qiayizha Gulimina(000361473) Financial Plan Analysis • Breakeven – how many units of your product must be sold to cover fixed costs This is a reality check. If the number of units is very high, then may need to review costs. Breakeven = Total fixed costs/(selling price – cost of goods sold) = number of units Answer : As…

viatical settlement are the discount rate, the face value of the policy, and the health of the individual selling the policy. Solutions to Questions and Problems NOTE: All end of chapter problems were solved using a spreadsheet.…

The resource-based view and sustainable competitive advantage: the case of a financial services firm Val Clulow School of Business, Swinburne University of Technology, Hawthorn, Australia Julie Gerstman School of Business, Swinburne University of Technology, Hawthorn, Australia Carol Barry School of Business, Swinburne University of Technology, Hawthorn, Australia Keywords Resources, Competitive advantage, Financial services, Intangible assets Introduction The study of sustainable…

what cash flow, when divided $100,000, gives 6%. A. $4,800 B. $6,000 C. $6,600 D. $8,000 6. Beverly Enterprises owns a nursing home that is currently earning $2.0 million in cash flow on an annual basis, but this amount is expected to drop in the future. The nursing home has a book value of $20 million, a replacement cost of $40 million, and a current sale value of $10 million. If Beverly Enterprises has a cost of capital equal to 15 percent, at what value of annual cash flow would…