Reference no: EM131434980
Accounting Assignment
In our readings this week, the authors of our textbook described how several businesses have made decisions to spend more money upfront, hoping that they will save money down the road. For example, Staples purchased electric delivery trucks that cost more than diesel trucks, yet the savings in gas and maintenance are anticipated to make up for this expense. With this kind of decision-making, businesses are using the concept of time regarding money. We also learned about budgeting in Chapter 9. Have you developed a budget for your personal income and expenses? Let's think of something close to home for this week's discussion forum conversation.
In your initial post, compare the information pertaining to Master Budgets (chapter 9) to your personal budget (you do not need to provide actual number!) If you were to use your personal budget as business managers use the Master Budget, you would probably find some areas where you could save money, or make a change so that you will have more money in the future.
Provide an example of investing in something that will hopefully realize future profits (incorporating alternative energy sources as you build your new home; buying a hybrid vehicle for your next car; switching to a "whole food" diet rather than buying pre-packaged foods). Give enough information in your example so that your peers can address the following questions in their replies.
How did the example illustrate the time value of money concept?
How was the Net Present Value concept illustrated?
How was the payback period determined?
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Paper relevant criminal justice issue in the area of police
: You will write a 5-7-page research-based paper in current APA format that focuses on a recent, relevant criminal justice issue in the area of police, courts, or corrections
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What can you learn from financial statements of competitors
: What can you learn from the financial statements of competitors that determine the relative cost position of your company? What are some of the ways in which you can secure a sustainable cost advantage over the competition?
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What is the difference between a group and a team
: What is the difference between a group and a team? think of a role you played on a team, was it a formal or both formal and informal role? Please write what that role was and whether the team was successful or not and why?
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How goodwill is calculated on the companies balance sheet
: Describe how "Goodwill" is calculated on the companies Balance Sheet after a Merger/Acquisition they have made has been completed. How should investors view this from their perspective when deciding if it adds any real value to the company?
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How was the net present value concept illustrated
: How did the example illustrate the time value of money concept? How was the Net Present Value concept illustrated? How was the payback period determined?
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How accurate do you think polls really are
: How accurate do you think polls really are? Do you think we should be using them to predict the outcomes of elections? Why or why not
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Juliette bronson anticipates needing
: Juliette Bronson anticipates needing $620,000 to start a business. If she can earn 4.2 percent compounded annually on her investments, how much money would Juliette have to invest today to have $620,000 in 3 years?
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Compute the takt time for a system
: Compute the takt time for a system where the total time per shift is 490 minutes, there is one shift, and workers are given two 20-minute breaks and 25 minutes for lunch. Daily demand is 262 units.
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What cycle time would match capacity and demand
: What cycle time would match capacity and demand if demand is 179 units a day, there are two shifts of 568 minutes each, and workers are given three half-hour breaks during each shift, one of which is for lunch or dinner?
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