Business

Does his optimistic outlook for his cash position appear to be correct?

Does his optimistic outlook for his cash position appear to be correct? -What are the basic benefits and purposes of developing pro forma statements and a cash budget? -Rapid corporate growth in sales and profits can cause financing problems. Elaborate on this statement. -What conditions would help make a percent-of-sales forecast almost as accurate as […]

Does his optimistic outlook for his cash position appear to be correct? Read More »

What conditions would help make a percent-of-sales forecast almost as accurate as pro forma financial statements and cash budgets?

What conditions would help make a percent-of-sales forecast almost as accurate as pro forma financial statements and cash budgets? -What are the basic benefits and purposes of developing pro forma statements and a cash budget? -Rapid corporate growth in sales and profits can cause financing problems. Elaborate on this statement. -What conditions would help make

What conditions would help make a percent-of-sales forecast almost as accurate as pro forma financial statements and cash budgets? Read More »

What are the basic benefits and purposes of developing pro forma statements and a cash budget?

-What are the basic benefits and purposes of developing pro forma statements and a cash budget? -Rapid corporate growth in sales and profits can cause financing problems. Elaborate on this statement. -What conditions would help make a percent-of-sales forecast almost as accurate as pro forma financial statements and cash budgets? -Philip Morris is excited because

What are the basic benefits and purposes of developing pro forma statements and a cash budget? Read More »

What would net income and return on assets (investment) be for the year?

Chapt 3 -If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, which ratios would each group be  most  interested in, and for what reasons? -If the accounts receivable turnover ratio is decreasing, what will be happening to the average collection period? – Inflation can have significant effects on income statements and balance

What would net income and return on assets (investment) be for the year? Read More »

Based on the profit margins (returns on sales), which division is superior?

Chapt 3 -If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, which ratios would each group be  most  interested in, and for what reasons? -If the accounts receivable turnover ratio is decreasing, what will be happening to the average collection period? – Inflation can have significant effects on income statements and balance

Based on the profit margins (returns on sales), which division is superior? Read More »

Comparisons of income can be very difficult for two companies even though they sell the same products in equal volume. Why?

Chapt 3 -If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, which ratios would each group be  most  interested in, and for what reasons? -If the accounts receivable turnover ratio is decreasing, what will be happening to the average collection period? – Inflation can have significant effects on income statements and balance

Comparisons of income can be very difficult for two companies even though they sell the same products in equal volume. Why? Read More »

what will be happening to the average collection period?

Chapt 3 -If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, which ratios would each group be  most  interested in, and for what reasons? -If the accounts receivable turnover ratio is decreasing, what will be happening to the average collection period? – Inflation can have significant effects on income statements and balance

what will be happening to the average collection period? Read More »

which ratios would each group be most interested in, and for what reasons?

Chapt 3 -If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, which ratios would each group be  most  interested in, and for what reasons? -If the accounts receivable turnover ratio is decreasing, what will be happening to the average collection period? – Inflation can have significant effects on income statements and balance

which ratios would each group be most interested in, and for what reasons? Read More »

What is the difference between accumulated depreciation and depreciation expense?

Chapt 2 -What is the difference between book value per share of common stock and market value per share? Why does this disparity occur? -What is the difference between accumulated depreciation and depreciation expense? How are they related? -Comment on why inflation may restrict the usefulness of the balance sheet as normally presented -what are

What is the difference between accumulated depreciation and depreciation expense? Read More »