Accounting and Finance for Your Small Business Second Edition 12 pot
Accounting and Finance for Your Small Business Second Edition_1 pot
... Page ii Accounting and Finance for Your Small Business Second Edition ffirs.qxd 11/28/05 1:36 PM Page i Accounting and Finance for Your Small Business Second Edition STEVEN M. BRAGG AND E. JAMES ... Cataloging-in-Publication DataBragg, Steven M. . Accounting and Finance for your small business / Steven M. Bragg.—2nd ed.p. cm.Rev. ed. of: Accounting and Finance for your small business / E. James Burton, Steven ... intended for a reading-doing-reading-doingxivfpref.qxd 11/28/05 1:36 PM Page xivfpref.qxd 11/28/05 1:36 PM Page xvi Accounting and Finance for Your Small Business Second Edition STEVEN M. BRAGG AND...
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Accounting and Finance for Your Small Business Second Edition_2 pptx
... thefuture for this information.3. Capital expenditure update. As of mid-November, issue a form to alldepartment heads, requesting information about the cost and timing of capital expenditures for ... operating budget and comprise the targets ofoperation for every segment of the business. To be effective, responsibility accounting must be tailored toeach individual business. The accounting system ... divisible.If you have established labor standards for your operations,these can be used for budgeting purposes. By accumulating data and establishing labor standards, you can begin to target costs....
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Accounting and Finance for Your Small Business Second Edition_3 ppt
... product’s life cycle. Taxes and the treatmentof expenses and income for tax purposes must be considered and adjusted for in the model. For example, increases in receivables and inventories are examples ... raw materials, different processing and handling, and dif-ferent packaging and shipping. The new product may change your marketing plans, and a proposal for capital expendituresmay result.2. ... and objectives for milestones at successive stages in the process. Review your decisionsregularly, before the next costly step is taken and when progress canbe compared with established standards....
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Accounting and Finance for Your Small Business Second Edition_4 pptx
... revenues for competitive products and theprice per unit, units sold, and market share of each competitor5. Current and past pricing structures for all products includingprice discount policies and ... products and by reducingoverdiversification in a business s product mix. Elimination of over-diversification can increase production and marketing efficienciesby concentrating your efforts and ... should question the sources of the infor-mation: “How old is the information?” and “How reliable is theinformation?” Always search for alternative sources of information.There is rarely only one...
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Accounting and Finance for Your Small Business Second Edition_5 doc
... discussed here.Interest AccountsCash flows into and out of the business on a daily basis. Unfortu-nately for most businesses, large and small, the inflows and out-flows are neither steady nor all ... can be spotted and corrected much more quickly.• Separate responsibility for the cash receipt and cash disbursementfunctions. It is easy for a person with access to both the cashreceipt and disbursement ... investors— for example, institutional investors and individual ones look-ing at the same business will make different assessments ofrisk. A constant growth business and a steady earnings business, although...
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Accounting and Finance for Your Small Business Second Edition_6 pdf
... togather and analyze the information. It may save your business. In order to effectively carry out the design and implementationof a cash flow analysis, a flowchart of how cash flows through the business ... and staff is not available to per-form proper credit checks and follow-up. Unfortunately, these aretypical scenarios. Assume that these numbers are indicative oftrends in many businesses and ... of their accounting systems. For these reasons, the accounting software cannot access any information about cashoutflows to pay for employee salaries and wages. For these reasons, it is best...
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Accounting and Finance for Your Small Business Second Edition_7 pdf
... Credit 112, 000 144,000 192,000 198,000 153,000 126 ,000 99,000 90,000 81,000 90,00090,000 90,000Operating Expenses 12, 250 12, 250 12, 250 12, 250 12, 250 12, 250 12, 250 12, 250 12, 250 12, 250 12, 250 12, 250Long-Term ... significant potential problem for smaller businesses.Debt may be the best form of financing for at least two reasons:1. It is sometimes cheap. Interest payments on debt are made inbefore-tax ... uncertainty, for aslong as it takes to obtain a thorough understanding of how a cashflow forecast works. We highly recommend that every companycreate a cash flow forecast and update and consult...
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Accounting and Finance for Your Small Business Second Edition_9 pptx
... to enough savingsin dollars of overtime to pay for the small- run copier in ninemonths and still pay the salary and benefits of the clerk.Performance Measurement SystemsCHAPTER6201p03.qxd ... acontinuous basis. This information may be plotted on a daily basis toaccumulate historical information that could be used for planning,control, and budgeting. Often this information will point ... Performance Measurements for PredictionsAny ratio calculation is based on historical information, whichmay have no bearing whatsoever on future results. For example,the profitability ratio for...
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Accounting and Finance for Your Small Business Second Edition_10 doc
... 300 Ton 168 168 168 133 148 125 14810-300/TO03 300 Ton 0 50 79 143 135 142 129 11-330/TO02 330 Ton 148 149 129 136 93 125 10020-390/TA04 390 Ton 110 127 121 158 128 136 15421-375/C106 375 ... 13306-150/TO07 150 Ton 119 130 137 152 122 124 127 07-198/TO06 198 Ton 147 135 133 77 114 132 5408-200/TO05 200 Ton 110 120 124 141 117 101 11317-190/TA05 190 Ton 138 141 127 116 97 106 9178% 80% 80% ... HrsB1100/BM04 Blow Mold 150 142 139 132 112 122 104B2000/BM03 Blow Mold 149 135 137 152 114 154 11989% 82% 82% 85% 67% 82% 66%01-25 25 Ton 123 125 126 132 138 125 11102-90/TO11 90 Ton 150 158 152...
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Accounting and Finance for Your Small Business Second Edition_11 pot
... level of income and the payment of that incomeunder various business formats. As income grows and the business prospers, changing the business form may be an integral part of the business plan. ... the “basic form,” which covers losses due to vandalism,explosions, windstorms, fires, and hail. The “broad form” is anexpanded version of the same coverage, which also includeswater and snow ... thoseTaxes and Risk ManagementCHAPTER8249p03.qxd 11/28/05 1:39 PM Page 249Evaluating the Operations of the Business coverage for damage to boilers and machinery, and payments for injuries...
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