... 289 Contents xi ftoc.qxd 11/ 28/05 1:37 PM Page xi ffirs.qxd 11/ 28/05 1:36 PM 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 ... Cataloging-in-Publication Data Bragg, Steven M. . Accounting and Finance for your small business / Steven M. Bragg.—2nd ed...
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... operating budget and comprise the targets of operation for every segment of the business. To be effective, responsibility accounting must be tailored to each 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, yo...
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Accounting and Finance for Your Small Business Second Edition_3 ppt
... product’s life cycle. Taxes and the treatment of 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 capi...
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Accounting and Finance for Your Small Business Second Edition_4 pptx
... revenues for competitive products and the price per unit, units sold, and market share of each competitor 5. Current and past pricing structures for all products including price discount policies and ... products and by reducing overdiversification in a business s product mix. Elimination of over- diversification can increase production and marketing efficiencies by concentra...
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Accounting and Finance for Your Small Business Second Edition_5 doc
... discussed here. Interest Accounts Cash 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 disbursement functions. It is easy for a person with access to both...
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Accounting and Finance for Your Small Business Second Edition_6 pdf
... to gather and analyze the information. It may save your business. In order to effectively carry out the design and implementation of 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 are typical scenarios. Assume that these numbers are indicative of trends...
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Accounting and Finance for Your Small Business Second Edition_7 pdf
... 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 in before-tax ... Receipts 56,500 117 ,000 134,000 166,000 210,200 235,500 211, 200 167,200 136,400 115 ,500 110 ,000 11, 100 p02.qxd 11/ 28/05 1:38 PM Page 141 Operating the Business month sales, which i...
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Accounting and Finance for Your Small Business Second Edition_9 pptx
... dollars of overtime to pay for the small- run copier in nine months and still pay the salary and benefits of the clerk. Performance Measurement Systems CHAPTER 6 201 p03.qxd 11/ 28/05 1:39 PM Page 201 Evaluating ... Systems CHAPTER 6 203 p03.qxd 11/ 28/05 1:39 PM Page 203 Another group of profitability ratios relate profits to investment. For example, the formula for the rate of...
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Accounting and Finance for Your Small Business Second Edition_10 doc
... 700 Ton 0 153 107 152 133 118 118 19-720/TA02 720 Ton 102 109 115 161 115 58 113 22-700/CI01 700 Ton 111 59 74 154 74 76 144 23-950/TA01 950 Ton 104 168 126 159 110 91 112 58% 76% 68% 91% 64% 50% ... Run Hrs B1100/BM04 Blow Mold 150 142 139 132 112 122 104 B2000/BM03 Blow Mold 149 135 137 152 114 154 119 89% 82% 82% 85% 67% 82% 66% 01-25 25 Ton 123 125 126 132 138 125 111 02-...
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Accounting and Finance for Your Small Business Second Edition_11 pot
... level of income and the payment of that income under various business formats. As income grows and the business prospers, changing the business form may be an integral part of the business plan. ... those Taxes and Risk Management CHAPTER 8 249 p03.qxd 11/ 28/05 1:39 PM Page 249 Evaluating the Operations of the Business coverage for damage to boilers and machinery, and...
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