Balance Sheet Essays Examples

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Balanced Scorecard the Company That I Am

Words: 681 Length: 2 Pages Document Type: Essay Paper #: 42092135

Balanced Scorecard

The company that I am going to study is Google. This company makes most of its money from online advertising. While it has a wide range of different services and products -- Android and Chrome being to prominent ones -- advertising is where it makes its money. The mission of Google is to "organize the world's information and make it universally accessible and useful" (Google.com, 2013). The company does not have an explicit vision statement. It competes on a differentiated strategy. This means that it seeks to sell more ads than its competitors by delivering the most eyeballs, but also by being able to provide significant data about those eyeballs. Google sells ads, therefore, by allowing its customer to better target their ads, something that adds value. Competing on value-added is typically associated with a differentiated strategy.

Google has a rather exceptional financial situation, in that it is wildly profitable. As a result, it has an exceptionally healthy balance sheet that features some $50 billion in cash (MSN Moneycentral, 2013). This gives the company an interesting perspective compared with most companies it that it really does not need to make money. It also highlights something interesting about the…… [Read More]

Bibliography:
MSN Moneycentral. (2013). Google. Retrieved April 30, 2013 from http://investing.money.msn.com/investments/stock-balance-sheet/?stmtView=Qtr&symbol=GOOG

Google.com. (2013). About Google. Google.com. Retrieved April 30, 2013 from  http://www.google.com/about/company/ 
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Balanced Scorecard Google's Internal Business Processes Are

Words: 605 Length: 2 Pages Document Type: Essay Paper #: 17944695

Balanced Scorecard

Google's internal business processes are surprisingly informal for a group of engineers. Rather, Google likes to encourage the creative side of their workers, and so there is an emphasis on projects, even where there is no clear objective at the outset. The company also embarks on projects where there is no clear profit potential -- such is life at a company with $50 billion in the bank. The reality is that Google does all of this because it recognizes the importance of intellectual property in its success. The company hires great people, but then it allows them to innovate and perform, and the internal operations are specifically design to remove constraints to innovation.

On the more conventional side of the business, where Google runs the advertising business that makes all of its money, the company does have more formalized business processes. There is still an element of innovation but the company also recognizes that it needs to be able to deal with its customers, provide service and other more mundane elements of doing business and making money. With these processes, Google tries to automate a lot of it, but it also seeks to keep the processes simple for…… [Read More]

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Financial Perspective and Balanced Scorecard

Words: 954 Length: 3 Pages Document Type: Essay Paper #: 8052225

BALANCED SCORED CARD & THE FINANCIAL PERSPECTIVE

The Balanced Scorecard & the Financial Perspective

CCRC (Cattaraugus County Rehabilitation Center) is a non-profit organization that focuses on the rehabilitation of disabled people in order to improve their quality of life. The organization also delivers the comprehensive services for disabled people to achieve maximum independence. Similar to the for-profit organizations that used balanced scored to maximize their revenues, the Center also attempted to use the strategy planning tools to enhance its effectiveness, however, the organization faced several challenges in its implementation. The new Director of the Strategic Planning introduced the Balanced Scorecards tool "to cascade strategic planning throughout the entire organization." (Martello, Watson, Fischer, 2008, p 72). The goal of using the Scorecard is to align each area of the organization with the overall strategic plan.

This paper argues that the organization has done a good job by implementing the Balanced Scorecard to reflect the organizational vision and mission.

Analysis

The outcomes of the implementation of the Scored card reflect from the organizational vision and mission. The mission of the Center is to improve the quality of disabled people using the strategies to access and provide comprehensive services to each individual in…… [Read More]

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Implementation of Balance Score Card Approach

Words: 871 Length: 3 Pages Document Type: Essay Paper #: 16408781

Balanced Scorecard Approach by Cattaraugus County ReHabilitation Center

Unlike many so-called "management fads" that emerged over the past 20 years, the balanced scorecard approach has been shown time and again as an effective way for companies of all sizes and types of better manage their resources in ways that provide them with a competitive advantage. This paper provides a review of the relevant literature to demonstrate that Cattaraugus County Rehabilitation Center did an effective job of implementing a Balanced Scorecard approach in a fashion that reflects their organizational mission and vision. A summary of the research and important findings concerning the Center's implementation of a balanced scorecard approach are presented in the conclusion.

Review and Discussion

Balanced Scorecard Overview

The Balanced Scorecard approach was developed and refined during the 1990s by Kaplan and Norton with the goal of identifying those factors that are most responsible for driving organizational performance (Martello, 2008). In sum, the Balanced Scorecard measurement system relies on conventional financial performance metrics as well as the other factors responsible for organizational performance (Martello, 2008). According to Martello (2008), "The Balanced Scorecard is based upon the cause-and-effect relationships of the financial and non-financial measures derived from the organization's strategy"…… [Read More]

Sources:
Mackay, A. (2004, October). A practitioners' report based on: Shareholder and stakeholder approaches to strategic performance measurement using the Balanced Scorecard. CIMA

Research Report.
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Cash Budget and Target Cash Balance the

Words: 946 Length: 3 Pages Document Type: Essay Paper #: 60004398

Cash budget and target cash balance

The target cash balance is defined as the ideal cash amount a company intends to hold in its reserve at a given time. This figure seeks to strike a balance between the balance sheet costs of extremely little and too much cash. While a company with surplus cash at hand may misuse on investment opportunities, a company with poor cash will often be forced to make undesirable transactions to create more operating capital (Besley & Brigham, 2011). Individual investors are advised to set their target balance too. They may estimate at least the percentage of their holdings in cash to avoid such pitfalls.

Cash budget refers to the operating budgets and capital expenditures. It begins with the initial cash balances then cash inflows are added to the available cash. Cash outflows will then be subtracted to obtain the cash balance. If the cash balance falls below the company's intended balance, the financing segment will show the required borrowing. The financing segment covers debt payments among them interest payments. The financing activity adjusts the cash balance to obtain the ending cash balance (Ehrhardt & Brigham, 2009).

Compare and contrast the cash budget and long-term financial…… [Read More]

Works Cited:
Besley, S., & Brigham, E.F. (2011). Principles of finance. Mason, Ohio: South-Western.

Brigham, E.F., & Daves, P.R. (2012). Intermediate financial management. Mason, Ohio: South-Western.
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Uefa Regulations of Competitive Balance

Words: 1934 Length: 6 Pages Document Type: Essay Paper #: 72794712

The impact of the UEFA implementation of the Fair Play Financial Regulations could have a ripple effect that hurts soccer teams around the globe.

The Zimbalist article entitled, "Sport as Business" (2003) also brings up a good point about the socialization of sports leagues. Before the UEFA regulations take effect, the league operates in a relatively capitalist manner. Certainly many of the monetary imbalances that exist are not readily apparent when officials audit the books of the different teams, but as a business model, the new UEFA regulations may very well hurt the revenues of the entire league, not just certain teams specifically (Zimbalist, 2003). This would occur as club owners looking to turn a profit would be severely limited by financial restrictions put in place that force owners to stay debt-free. Owners will have less opportunity to attract talented players, especially owners of teams whose revenue is rather small. And as the gap between the richest and poorest teams widen, this problem will become exacerbated with time. But at the same time, the owners themselves will be pleased that they will no longer be legitimately able to offer their most talented and most expensive players the same exorbitant salaries…… [Read More]

Resources:
Conte, Niccolo. 2010. "UEFA's Financial Fair-play and why we should care." Soccer Lens

Homepage. Found Online August 15, 2010 at <  http://soccerlens.com/uefas-financial-fair-play-and-why-we-should-care/52314/ >.
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Corporate Outsourcing - Balance of

Words: 692 Length: 2 Pages Document Type: Essay Paper #: 93575344



In other words, on a balance sheet, outsourcing often makes sense. Take the following example of a study of one hundred domestically run company, where "on average," it cost an accounts payable department $16.54 to process a vendor payment," meaning that it cost the company "probably $10.50 - $11.00" to collect payment while using internal company labor on a permanent basis. (Cass, 2005) By out sourcing collection to a cheaper foreign or domestic firm, the original firm could save a great deal using workers in this relatively unobtrusive and mechanical capacity.

However, highly publicized, extensive use of outsourcing is not always so hidden -- for example when troubleshooting staff at a computer company may be technically literate, but not technically or colloquially fluent with the English language of most of the users of a 'help line.' Exploitation of local labor in poorer nations of Asia and Africa has incurred negative publicity for many factory-based companies as well. Even when popular in the nations themselves, American ire may be arisen during times of economic difficulty and again create negative press.

The use of domestic outsourcing may seem like a compromise, and have slightly less controversy attached to its use, but still,…… [Read More]

Bibliography:
Cass Informations Systems. (2005) "ROI Outsourcing." Retrieved 26 Jul 2005 at http://www.cassinfo.com/cassutility/how_much.html

Donlon, Peter & John Kropp. (2005) "Offshore vs. Onshore outsourcing." API Company News. Retrieved 26 Jul 2005 at http://www.apioutsourcing.com/company/news15_offshore_vs_onshore.html
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Application of Financial Statement

Words: 541 Length: 2 Pages Document Type: Essay Paper #: 11076185

Balance sheet of a business describes a picture of that business from a financial point-of-view. The balance sheet represents a real time analysis of the company and can assist all those who understand its purpose in gaining a full understanding of conducting the operations of that business. The balance sheet of a company will have sections identifying the company's assets liabilities and equity.

Assets describe the positive and liquid attributes of a company. Liabilities have the opposite effect. The equity of a balance sheet highlights the relationships between the liabilities and the assets of the organization. The owner's equity of the balance sheet helps introduce capital that is unaccounted for in either the liabilities or assets portion of the balance sheet.

Liquid assets include cash, inventory, money received from paying customers, prepaid expenses. Investments, property and other intangible assets are included within balance sheets. Liabilities include money owed to accounts, deferred taxes, taxes bonds and provisions. Equity might include shareholder interests for public companies. There is no universally accepted format for the balance sheet. Therefore his responsibility of each individual company to manage a system and present a balance sheet that represents the relative importance of that particular company.

Business…… [Read More]

Sources:
Tulisan, P. (2010). Understanding the importance of a balance sheet. Interview on MSNBC 20 June 2010. Viewed 20 Aug 2011. http://www.youtube.com/watch?v=mjcy- UI90wE&feature=related

"U.S. Small Business Administration sample spreadsheet for a small business." Archived from http://web.archive.org/web/20070715223932/http://www.sba.gov/library/balsheet.xls. Retrieved 2011-08-20.
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Fact Sheet on Hypomagnesaemia

Words: 452 Length: 2 Pages Document Type: Essay Paper #: 32690635

Hypomagnesemia

Fact Sheet on Hypomagnesemia

Hypomagnesemia: An overview

Etiology, pathophysiology, incidence & prevalence

Hypomagnesemia, otherwise known as magnesium deficiency, is defined as the patient possessing a serum Mg concentration of < 1.4 mEq/L (< 0.70 mmol/L) (Lewis 2009).

Differential diagnosis

Hypomagnesemia is often seen in alcoholics, in pregnant or nursing women, or patients with gastrointestinal disorders due to their inadequate intake of vital fluids and excessive secretion. Other complaints associated with the deficiency include hypercalcemia after removal of parathyroid tumor and diabetic ketoacidosis (Lewis 2009).

Evaluation

An evaluation of the patient, in addition to lab work, will involve a full examination and a review of his or her disease history associated with hypomagnesemia.

History

Given the causes include taking drugs such as furosemide; a full medical review of the patient's history must be considered (Lewis 2009).

Physical examination

Common symptoms can be both psychological as well as physical in nature and may include "anorexia, nausea, vomiting, lethargy, weakness, personality change," and tremors (Lewis 2009). Since hypokalemia and hypocalcemia usually accompanies hypomagnesemia, the patient may also exhibit seizures and arrhythmias (Lewis 2009).

Diagnostic studies

An appropriate diagnosis requires a review of the patient's laboratory results, history, and clinical features, given that…… [Read More]

References:
Lewis, James. (2009). Disorders of Magnesium concentration. Merck Manuals. Retrieved:

http://www.merckmanuals.com/professional/endocrine_and_metabolic_disorders/electrolyte_disorders/disorders_of_magnesium_concentration.html
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Work Life Balance

Words: 1478 Length: 5 Pages Document Type: Essay Paper #: 2979248

Work-Life Balance

The objective of this research is to examine how business managers should deal with the work-life balance issues of their employees. This will be accomplished by conducting a review of the literature in this area of study and will include previous studies and reports of an academic and professional peer-reviewed nature.

The present economy has made the survival of businesses a challenging pursuit with climbing costs of labor not to mention the operating expense for a business. However, flexibility is a primary characteristic of the business that will survive the present economic slump. In addition to the present state of the economy a report published by the Society for Human Resource Management and specifically the 'Workplace Forecast' relates that 57% of human resources professionals "agreed that there will be an increased demand for work-life balance in the coming years." (Avats, 2010, p.1) In a separate study reported by the Society for Human Resource Management it is related that difficulty, relating to work-life balance was the culprit of 41% of the problems with employee retention.

I. Flexible Working and Work-Life Balance

Avats (2010) relates that the terms 'flexible working' and 'work-life balance' are interpreted differently by different individuals. Flexible…… [Read More]

Works Cited:
Avats, Roger (2010) The Importance of Work-Life Balance: Aligning Staff Preferences and Business Need to Achieve Business Success. Everything Business Corp! 18 Mar 2010. Retrieved from: http://www.corpmagazine.com/management/human-resources/itemid/1369/the-importance-of-worklife-balance-aligning-staf

Buchanan, Leigh (2010) How to Improve Your Employees' Work-Life Balance. 8 Jun 2010. Inc. Top Small Company Workplaces. Retrieved from:  http://www.inc.com/top-workplaces/2010/how-to-improve-your-employees-work-life-balance.html 
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Philosophies Procedures of the Balanced

Words: 1815 Length: 6 Pages Document Type: Essay Paper #: 5330712



As a conclusion I must state that I agree with the philosophies of the BARJ method. I believe that all people must receive equal chances. I am sure that the children usually do not intend to act in a criminal way. I believe that those who adopt this type of conduct are either doing it because of the bad conditions within the family or because of the other influential factors (like the group of friends). However, no matter of the influence, the important fact is for the child to recover. BARJ offers him the change to gain certain skills and to be able to use them in the future, in the process of his professional development. In addition to that, by reestablishing the order inside the community and by letting the child do some community work, the court is making sure that there will be fewer chances for him to be regarded as an outcast. The members of the community will regain their trust in him. Thus, he will have more chances to start again and overwhelm the past difficulties.

Bibliography

Pennsylvania Commission of Crime and Deliquency "Balanced and Restorative Justice (BARJ)" 25 Aug 2005, 10 Nov 2006 http://www.pccd.state.pa.us/pccd/cwp/view.asp?A=1387&Q=569712

Juvenile…… [Read More]

References:
Pennsylvania Commission of Crime and Deliquency "Balanced and Restorative Justice (BARJ)" 25 Aug 2005, 10 Nov 2006 http://www.pccd.state.pa.us/pccd/cwp/view.asp?A=1387&Q=569712

Juvenile Law Center, Advancing the Rights and Well-being of Children in Jeopardy "Pennsylvania's Juvenile Justice System," 1996, 10 Nov 2006,  http://www.jlc.org/index.php/factsheets/pajj#ENT0 
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Focus Sheet Tamara

Words: 525 Length: 2 Pages Document Type: Essay Paper #: 54089882

Tamara

Primary activities: Improving grades; improving athletic performance; increasing healthy behaviors; decreasing unhealthy behaviors; reducing stress

Schedule activities and setting priorities: Tamara will keep a record of tasks on a monthly basis to do every day, labeling them high-priority, medium-priority, and low-priority to avoid getting stressed. This will include exercise and study time as well as formally scheduled activities and also what she eats and drinks every day.

Focusing on goals in a SMART fashion: Set short- and long-term goals that are SMART (specific, measurable, actionable, realistic and timely) for every primary activity domain under her set goals.

Delegate responsibilities to self and others: Determine which actionable goals (such as getting to the weight room three times a week and running twice a week) can be accomplished alone. Determine which actionable goals (such as getting to sleep on time and eating healthfully, which requires roommates to cooperate by not disturbing Tamara and agreeing to order out from places with healthier options when they eat together).

Minimize stress and maximize the efficient use of time: Set aside time to engage in deep breathing and meditation every morning. Get up with the alarm so there is plenty of time to plan the…… [Read More]

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GM and Toyota General Motors

Words: 3237 Length: 12 Pages Document Type: Essay Paper #: 16414344

Total Ops.

8,485,608

7,061,704

3,638,889

3,445,640

* = Data not available

(Forbes, Toyota income statement, 2013).

Examining the income statements, Toyota's income fell from the previous three quarters, and the fall was somewhat substantial. Given that GM's net income did not demonstrate the same pattern, it does not appear to be the result of cyclical changes in the automotive sales cycle. In addition, Toyota's total revenue and net income appear to be more directly and positively correlated that GM's revenue and net income.

Balance Sheets

A company's balance sheet is another way of summarizing the company's financial health. A balance sheet is a "financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by the shareholders" (Investopedia, Balance sheet, 2013). Balance sheets follow a basic formula, which is "Assets = Liabilities + Shareholders' Equity" (Investopedia, Balance sheet, 2013). Each side of the balance sheet should balance out, because assets either derive from incurring a liability or getting it from the company's equity (Investopedia, Balance sheet, 2013). "Each of the three…… [Read More]

Bibliography:
Chu, M. (2012, March 27). Is GM a good stock to buy right now? Retrieved February 12, 2013

from Insider Monkey website:  http://www.insidermonkey.com/blog/is-gm-a-good-stock-to-buy-right-now-11565/ 
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Diversification of Banking Returns Through Greater Share

Words: 1592 Length: 5 Pages Document Type: Essay Paper #: 64318924

Diversification of Banking Returns Through

Greater Share of Non-Interest

Income and Off-Balance Sheet Activities

The banking system was considered to be stable before the great financial crisis of 2007. The banking system faced the worst turmoil during that period due to the evolution of the nature of banking activities. Banks started to employ diversify their sources of income. Before 2007, the one and only function of banks was to take deposits and lend money. Diversification of banking returns included many off-balance sheet activities and non-interest incomes into the features of the banks. The extra features are collectively known as shadow banking because of the lack of transparency in it. These activities increased the borrowing and lending and eventually, everyone was in a financial turmoil.

"The advent of shadow banking has fundamentally altered the nature of banking. Where once banks weremainly in the traditional business of taking deposits and making loans, they have come to rely on marketorientedand off-balance-sheet activities to generate a major share of their income."(Calmes et al. 2011, 1)

According to Calmes and Theoret, shadow banking changed the nature of the banking operations from primary lending and deposition to numerous off-balance sheet activities and non-interest methods of earning…… [Read More]

Resources:
Calmes, Christian, & Theoret, Raymond. "The Rise of Shadow Banking and the Hidden Benefits of Diversification." Paper presented at C.D. Howe Institute Conference, Canada, April 2011.

John. H, Boyd and Gertler Mark. "Are Banks Dead? Or Are The Reports Greatly Exaggerated." NBER Working Paper Series (1995): 2-7.

Nobuhiro, Kiyotaki and Gertler Mark. "Banking, Liquidity and Bank Runs In an Infinite-Horizon Economy." NBER Working Paper Series (2013): 2-4.
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Financial Stability Through Bank Diversification the Banking

Words: 3156 Length: 10 Pages Document Type: Essay Paper #: 16266436

Financial Stability Through Bank Diversification

The banking industry of the United States of America is witnessing a major shift in the revenue making procedures. The banks are now inclined towards generating income from non-interest-based sources such as fee income, service charges and trade revenue etcetera instead of the traditional process of loan making. Noninterest income has always played an influential role in the revenue generation of the banking system. It'd evident from the fact that by the year 2000 the noninterest income accounted for forty three percent of the total banking revenue which is a massive rise from the twenty five percent in the year 1984.[footnoteRef:2] (Stiroh, 2004) [2: Kevin Stiroh, 2004. "Diversification In Banking: Is Noninterest Income The Answer?" Journal of Money, Credit and Banking 36(5), 853-882]

According some scholars, the shift in the revenue generation process, on the one hand, has led towards an evident increase in the revenue of the banking system in the recent times and on the other hand, it has also led towards a reduction in the volatility of the profitability and revenue of the system and has also reduced the risk that is associated with the banking industry. This might be due to…… [Read More]

Works Cited:
Adrian, T, Shin, H.S., 2009. "The Shadow Banking System: Implications for Financial Regulation." Staff Report, Federal Reserve Bank of New York.

Brunnermeier, M.K., 2009. "Deciphering the Liquidity and Credit Crunch 2007-2008." Journal of Economic Perspectives 23, 77-100
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Application of Financial Statement

Words: 983 Length: 3 Pages Document Type: Essay Paper #: 69252774

Financial Statement

The four financial statements are the balance sheet, income statement, statement of cash flow, and statement of owner's equity. Briefly, the balance sheet is comparison of assets to liabilities and equity. This statement is indicative of a company's position at a specific time. The income statement is a record of a company's operations over a given period of time. It shows a company's expenses, losses and revenues and is indicative of the company's net income during that period of time. The statement of cash flows is intended to provide information about a company's cash receipts and cash payments for operations, investments and financing during an accounting period. Finally, the statement of owner's equity is intended to show changes in owner's or shareholder's equity from one fiscal year to the next. Owner contributions and any additional capitol, such as the sale of new shares, are added to the equity, while dividend payments and owner withdrawals are subtracted. Financial statements are generally supplemented by information from management to explain anomalies in revenues that may have occurred during the course of the accounting period (U.S. Security and Exchange Commission, 2007).

Both internal and external entities use these statements in order to…… [Read More]

Sources:
Kurtz, D.L. (2010). Contemporary Business, 13th ed. Hoboken, NJ: John Wiley & Sons Inc.

U.S. Security and Exchange Commission. (2007, February 5). Beginner's guide to financial statements. U.S. security and exchange commission. Retrieved August 24, 2012, from  http://www.sec.gov/investor/pubs/begfinstmtguide.htm 
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Financial Accounting in Module 2 the 35 000

Words: 496 Length: 2 Pages Document Type: Essay Paper #: 38863315

Financial Accounting

In Module 2, the $35,000 worth of goods was never purchased, so that figure is irrelevant. Now with Module 3, we begin with a balance sheet that does not balance. To this, several changes are to be made. The company raised an additional $225,000, which balances because Common Stock increases by that amount, and the company receives that much Cash. The dividends represent a decline in cash of that amount, and a decline in Retained Earnings. The asset is covered by $400,000 in the land less $50,000 in cash, and the other $350,000 goes to Notes Payable. The result is as follows:

The first major adjustment that needs to be made, based on Module 2, is that the company needs to add back the $35,500 worth of inventory. This should never have been removed. The second adjustment is that the profit would have been higher, by $35,500 because the cost of goods sold included this sale that never happened. That will increase equity by $35,500. This still leaves the balance sheet unbalanced.

31-Dec-12

Balance Sheet

Assets

Current Assets

Cash

16700

Accounts Receivable

24500

Inventory

60500

Total Current Assets

101700

Fixed Assets

Equipment, net

425,000

425,000

Total Assets

526700…… [Read More]

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Noncurrent Assets Current Assets One May Define

Words: 1040 Length: 3 Pages Document Type: Essay Paper #: 31165777

Noncurrent Assets

Current assets

One may define assets as those properties that are under the ownership or are the possession of a firm. Assets are divided into two like current assets and long-term assets. Long-term assets include land, buildings, and firm vehicles. Current assets are those assets that the firm can easily change their form of cash and they are perceived to take less than one year. Such assets include cash, debtors and stock (Vause, 2009).

Noncurrent assets

This is the other group of assets apart from the current assets but current assets are expected to change their form within the period of one year (the normal business operating cycle). The major non-current assets are as follows: long-term investment, intangible assets, equipment, plant and property. We have other terms that people are used in place of non-current assets and they include long-lived assets, long-term assets and fixed assets just to name but a few (Vause, 2009).

Equipment, plant and property are the only available assets with state of physical existence. One may decide to call them tangible fixed assets that are also recommendable. These physical non-current assets are further divided into classes like vehicles, buildings, land improvements and land. Land…… [Read More]

Resources:
Alexander, D., Britton, A., & Jorissen, A. (2007). International financial reporting and analysis. London: Thomson Learning.

Van, W.G. (2007). Municipal management: Serving the people. Cape Town: Juta.
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Long-Term Financial Planning FedEx Corporation FedEx Corporation

Words: 1117 Length: 4 Pages Document Type: Essay Paper #: 80308048

Long-Term Financial Planning

FedEx Corporation

FedEx Corporation was established in 1971 and the company has four distinct business segments that include FedEx Express, FedEx Ground, FedEx Office and FedEx Freight. Over the years, the company has obtained 6-year of CAGR (compounded annual growth of 5%). However, the company is likely to obtain similar CAGR of 5.9% over the next 8 years based on current economic environment. (FedEx Corporation .2010.

The WACC (weighted average cost of capital) is the average interest rate that a company should pay in order to secure a project. Moreover, WACC is the average rate of return that a company must earn from its current assets to satisfy investors, shareholders and creditors. Since FedEx Corporation is always trying to create value for shareholders, the paper calculates the WACC of the FedEx to evaluate the company ability to generate returns from its assets.

Estimation of WACC of the Company

The WACC of the FedEx Corporation is calculated based on the estimation of the company-consolidated balance sheet of the year 2010 and the WACC is calculated using the table below:

Company name: FedEx Corporation

Table 1: Source of Finance ($millions)

Balance sheet value as of:__2010

Market value as of:_2010_…… [Read More]

Bibliography:
This report recommends that you should pursue the project because the projected cash flows of the project are $29.88 Million, which is greater than $20 Million invested in the project. Thus, pursuing the project will be optimal for your company.

Reference

FedEx Corporation (2010. Annual Report.USA.
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Business Plan the Business That I Am

Words: 1738 Length: 5 Pages Document Type: Essay Paper #: 73838016

Business Plan

The business that I am going to start is a small coffee microroastery and shop. The company will perform two basic functions. The first is a product function, the roasting of coffee beans. Green beans will be received by the company, roasted, and then both used in the shop and made available for a variety of retail channels. The second function will be a service function, based on the production and serving of beverages and light snacks. The staffing plan will be simple. The owner/manager/roaster will perform most of the management tasks associated with the shop. There will be an assistant manager who doubles with barista duties, as well as 4-6 part-time staff members, filling 3 FTEs in the barista/service function. This plan is based on experiences at other, similar operations, in addition to meeting a few other needs. One is the need to keep costs down, and the other is the need to have two people in the shop whenever it is open.

b. The business is going to be an LLC. The business will be privately owned by the proprietor. An LLC has flow-through taxation benefits so that company income flows through to my personal income…… [Read More]

Works Cited:
Inc. (2000). Cash vs. accrual accounting. Inc. Magazine. Retrieved November 13, 2012 from  http://www.inc.com/articles/2000/04/19194.html 

IRS.gov (2012). Limited liability company (LLC). Internal Revenue Service. Retrieved November 13, 2012 from http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Limited-Liability-Company-%28LLC%29
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Tenet Healthcare Corporation Tenet Healthcare Corp This

Words: 799 Length: 3 Pages Document Type: Essay Paper #: 72127542

Tenet Healthcare Corporation

Tenet Healthcare Corp

This paper examines the financial statements of Tenet Healthcare Corporation, reviewing their important components and discussing their interrelationship.

Tenet's annual report for the year ending December 31, 2011 provides information on the firm's financial health. The balance sheets provide information about what the company owns and what it owes. The income statements provide information about how much money Tenet earned and spent, and the cash flow statements show information about the exchange of money between Tenet and other parties.

Tenet's Balance Sheet

Tenet's balance sheet provides detailed information about its assets, liabilities and shareholders' equity. Tenet's assets are what it uses to operate its business, while its liabilities and shareholders' equity are two sources that support those assets. Tenet's liabilities are amounts of money that it owes to others. Shareholders' equity is the amount of money invested in the company combined with retained earnings; together they represent a source of funding for Tenet.

At the end of the fiscal year 2011, Tenet's total assets amounted to $8.46 billion, down slightly from $8.5 billion in 2010. Tenet's cash and cash equivalents are down significantly, from $405 million in 2010 to $113 million in 2011. These…… [Read More]

References:
Tenet's Management and Discussion and Analysis discusses the company's view of its financial performance and provides information about Tenet's business strategy and trends within the healthcare industry. The MD&A mentions the impact of the economy on their revenues and operations. Tenet's Notes to Consolidated Financial Statements discuss changes in the company's accounting policies and more detailed information about the company's investment in additions and improvements to property and equipment as well as construction projects.

Reference List

Tenet Healthcare Corporation. (2012). Form 10-K for year ended December 31, 2011. Available at: http://www.tenethealth.com/Investors/Documents/Q4%202011%20Earnings/CY11%2010-K%20FINAL.pdf
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Business Plan for a Market

Words: 1665 Length: 6 Pages Document Type: Essay Paper #: 83134472

This can be defined at the system level of the consultancy's network architecture. Finally the firewall of the systems will be defined also through the definition of system parameters throughout the network operating system running the entire firm (Malecki, 2012). There will be little resistance to change for each of these implementations as they are designed to protect and streamline the work being completed in the firm. There will also be a clearer sense of accountability over data security once the Practice Leaders and senior consultants realize that if they accidentally lose their iPhone, iPad or laptop all data will be erased immediately, which forces them to be more vigilant how they uses these systems and also how they are backed up.

Impact of the Regulatory Environment

As the proposed research and advisory firm is a private corporation, it does not need to comply with the Sarbanes-Oxley (SOX) Act as that is a series of laws only for publically-traded companies (Schneider, Valenti, 2010). Ironically the SOX Act is an ideal market for the proposed advisory firm as many enterprises are challenged to get the most from their it spending in a highly controlled and compliance-driven industry that many are in.…… [Read More]

Bibliography:
Cox, J. (2009). iPhone winning over it security skeptics. Network World, 26(34), 1-1,12.

Hamblen, M. (2012). iPhone 5: Pros and cons in the enterprise. Computerworld, 46(17), 6-6.
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Day Spa Business Plan My Business Venture

Words: 853 Length: 3 Pages Document Type: Essay Paper #: 48138936

Day Spa Business Plan

My Business Venture is the Day Spa and my financial plan is to initiate, maintain, and improve the factors that will increase and stabilize my cash flow. My business will implement effective cost management to increase the business net worth in the first year and in the foreseeable future. The paper presents the pro-formal balance sheet based on some important assumptions.

My financial plan depends on some important assumptions listed as follows:

The plan assumes that the U.S. economy will continue to improve and the economy will not slide back into a major recession.

It is also assumed that the tax rates and interest rates will be based on the conservative rate.

The current average interest rate will be 6% and the long-term interest rate will be 5.25%.

It is also assumed that the tax rate will be 34%

The venture will achieve a success by recording sales growth.

It is also assumed that through the marketing strategy, the company will record higher sales. (Dul, & Hak 2008).

The Table 1 provides general assumption by which my Day Spa Business Venture is based.

Table 1: General Assumptions

Year 1

Year 2

Year 3

Year 4

Year…… [Read More]

References:
Dul, J. & Hak, T. (2008). Case Study Methodology in Business Research. First Edition, Charon Tec Ltd., Great Britain.

Finch, B. (2007). How to Write a Business Plan. Second Edition, MPG Books Ltd. press, Great Britain.
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Business Plan Description of the Business the

Words: 2458 Length: 8 Pages Document Type: Essay Paper #: 59203893

Business Plan

Description of the Business

The business is a gourmet candy shop. The shop will sell gourmet candy that has been sourced from all over the world. The shop will operate with one storefront location, and there will be an Internet/mail order component as well.

The rationale for the business is simply. There is a growing trend towards hedonistic approaches to dining. We have seen in the past few years the rise of the bacon fetish, high end craft beer and coffee, cupcakes, the move of fine dining to the mass market and a full embrace by Americans of better quality indulgent goods. Much of this trend can be credited to the aging of the population, as people seek to maximize pleasure. They have the financial means to treat themselves, and seek to balance this hedonism with a desire to be healthy. The intersection of these ideals is where indulgences are small, intense and rich. Gourmet candy is a natural extension of this, providing maximum pleasure at minimal health impact for those with sophisticated palates and the means to pay for the best. We sell the best candy, both locally-produced and imported from around the world.

According to the…… [Read More]

Sources:
Bailey, E. (2013). Pros and cons of incorporation. Suite101.com. Retrieved November 14, 2013 from http://suite101.com/a/pros-and-cons-of-incorporation-a42401

FASB. (2013). International convergence of accounting standards. Financial Accounting Standards Board. Retrieved November 14, 2013 from http://www.fasb.org/jsp/FASB/Page/SectionPage&cid=1176156245663
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Garmin Was Considered to Be a Company

Words: 1230 Length: 4 Pages Document Type: Essay Paper #: 75343693

Garmin was considered to be a company that was "well-run and positioned to grow" (Peters, 2006). The company's stock was trading around $93 per share at the time. The optimism surrounding Garmin was based on a strong balance sheet, technological innovation, double digit growth and the ability for the company to change direction. The company's core products, GPS systems for automobile consumers, were becoming viewed as valuable, if not essential, items, something that would have implied to an outside observer a strong long-run upside in demand (Pittsley, 2007).

Somewhere between its great starting position and this promised land, Garmin lost its way. The company, once lauded for its ability to "change direction," found itself unable to adapt to a major technological shift. In 2006, the smartphone market was relatively small, a niche business within the corporate telecommunications business. Palm and Blackberry were the dominant products. With the iPhone, and later Android phones, two things happened. The first is that tens of millions of consumers purchased smartphones and the second is that these phones were able to deliver to consumers GPS functions at a fraction of the cost of a Garmin GPS system, and sometimes at no cost at all. The…… [Read More]

Works Cited:
Bylund, A. (2010). Garmin's last gasp? Fool.com. Retrieved May 20, 2012 from  http://www.fool.com/investing/general/2010/05/27/garmins-last-gasp.aspx 

Hesseldahl, A. (2009). Garmin, TomTom slash prices amid Google threat. BusinessWeek. Retrieved May 20, 2012 fromhttp://www.businessweek.com/technology/content/dec2009/tc2009128_481006.htm
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Sti vs USB the Capital Accounts for

Words: 1036 Length: 3 Pages Document Type: Essay Paper #: 15418477

STI vs. USB

The capital accounts for the two banks reveal a significant difference in the price-to-book ratios. Suntrust Banks has an equity value that is higher than the market cap of the company, a favorable price-to-book ratio that implies the company is undervalued on the market. U.S. Bancorp has a more typical price-to-book ratio where the market value of the firm is higher than the book value. Part of this difference is that U.S. Bancorp is experiencing modest sales growth, while Suntrust is facing sales declines in excess of 5% annually, such that its expected future worth is lower than its current worth.

For banks, the primary asset is the net loans, along with a category known as "other earning assets," which the annual report for Suntrust reveals to be securities available for sale, or short-term investments that the bank hold and upon which it earns interest. Other assets do not need significant explanation -- goodwill, cash, premises & equipment are all standard asset categories. The loans that the bank makes are its primary assets, and it earns interest on these loans. Of interest to an investor today is the amount of loans that are expected to be bad.…… [Read More]

Resources:
MSN Moneycentral. (2013). Suntrust Banks. Retrieved February 16, 2013 from http://investing.money.msn.com/investments/stock-price?symbol=sti&ocid=qbeb

MSN Moneycentral. (2013) U.S. Bancorp. Retrieved February 16, 2013 from http://investing.money.msn.com/investments/stock-price?symbol=USB&ocid=qbeb
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Financial Analysis the Current Ratios

Words: 870 Length: 3 Pages Document Type: Essay Paper #: 82913177



In the case of Arctic, the company is relying, in terms of long-term financing, almost exclusively on retained earnings. Retained earnings can be defined as earnings that are "retained by the company to be reinvested in its core business or to pay debt," basically, a form of not paying out dividend to the shareholders and reinvesting profit. Retained earnings amount for 65.1% of total asset value, a similar proportion as the one in 2003.

Retained earnings play the same role at Polaris as well. In 2004, these amounted up to 46.2% of total asset value. On the Polaris 2004 balance sheet, on the other hand, the retained earnings are accounted for as shareholders' equity.

As a conclusion in terms of debt usage, both companies use no or almost no long-term bank debts to finance their activity and there is no financial leverage worth analyzing. In both cases, the shareholders' equity (processed as retained earnings) amount to 40-50% of the total liabilities value.

We will be using three ratios to assess the companies' profitability: the gross profit margin ratio, the return on assets ratio and the return on equity ratio.

The gross profit margin ratio is calculated as (Sales - Cost…… [Read More]

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Business Plan Business Financial Plan for Sweet

Words: 1625 Length: 6 Pages Document Type: Essay Paper #: 44251310

Business Plan

Business Financial Plan for Sweet Tooth Treats

Baking has always been a major part of my family life, and for generations there has been infamous cookie recipes past down from one cook to the next. Every holiday season, my cookies are notorious for being the best any gift receivers have ever had. Finally, I believe it is time to make my baking hobby and actual money making enterprise. I know I have the recipe, the potential customers, and options for both retail space and an online presence. The only thing missing is the initial push to make this hobby an actual business -- Sweet Tooth Treats.

Business Start Up Plan

Product

The essentially product here is the various cookies, of different flavors and ingredients. I have several recipes for cookies, both permanent and seasonal variations. These products will be sold in both individual sales at a retail location, and in bulk for gifts online through our website. Cookies will be priced at $1.50 a cookie, with some variations in regards to size and flavors. Bulk and gift orders will receive a slight discount, making the average sale per cookie about $1.25, rather than the individual sales of $1.50.…… [Read More]

Sources:
Colorado Small Business Association. (2012). The beginning balance sheet. Documents. Web. https://www.coloradosbdc.org/DocumentMaster.aspx?doc=4

Damrauer, Virginia Hire. (2010). One Good Cookie. National University. Web.  http://www.academia.edu/346438/One_Good_Cookie_A_Business_Plan 
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Business Plan Relating to the Sale of a New Financial Divorce Software

Words: 6850 Length: 25 Pages Document Type: Essay Paper #: 96636947

Business Plan for a Financial Divorce Software

Business Plan Divorce Software

Business Plan relating to the Sales of a new Financial Divorce Software.

Business Plan relating to the Sales of a new Financial Divorce Software

F

F1

F2

F3

G1

G1(a)

G1(b)

G1(c)

Business Identification

Keys to Success

Company Summary

Industry History

Legal Form of Ownership

Location and Facilities

Management Structure

Products and Service

Market Analysis

Target Market

Industry Analysis

Competitive Analysis

Market Strategy

Ps of Marketing

Price List

Selling Strategy

Sales Forecast

Implementation Strategy

Overall Strategy

Implementation

Control Plan

Financial Statements and Projections

Revenue and Cost Estimate

Forecasted Profit and Loss Statement

Forecasted Balance Sheet

Financial Assumptions

Breakeven Point

Financial Position

Capital/Investment Needs

Conclusion

References

Executive Summary

Financial planning is involved in every aspect of life. Individuals and businesses have to formulate their daily, monthly, and yearly budgets in order to achieve a balance between their incomes and expenditures. Among other matters, divorce is also a critical issue in individuals' lives. In addition to family conflicts and break-ups, divorce also brings serious financial problems for both the parties (Women Advisors Forum, 2011). Therefore, it is very important to have advice from financial planners and analysts on matters related to…… [Read More]

References:
Association of Divorce Financial Planners, (2012). Divorce Financial Planning. Retrieved on July 7th, 2012, from < http://www.divorceandfinance.org/ >

Blythe, J. & Megicks, P. (2010). Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall