Operating income aka is - Study guides, Class notes & Summaries

FACHE Board of Governor’s Finance Exam Questions and Answers Updated Graded 100%. Definition of working capital Amount of cash required to support operations - for the period of delay in collecting revenue. 5 Financial Mgt functions that are essential for survival 1) Financial planning 2) Pricing 3) Mgt of long term capital 4) Mgt of short term assets & liabilities 5) Multiple corporate acct Relation of Finance to the Governing Board The finance system relates directly to the gov'n...

Discretionary Financing Needed Formula - Answer Discretionary Financing Needed (DFN) = Projected Total Asset - Projected Total Liabilities - Projected Equity Sustainable Growth Rate Formula - Answer Sustainable Growth Rate (SGR) = Return on Equity (ROE) X (1-Divided Payout Ratio) Cash Flow from Operating Activities (CFO) Formula - Answer Cash Flow from Operating Activities (CFO) = Net Income + Depreciation +/- Decreases/Increases in Current Assets +/- Increase/Decrease in Current Liabiliti...

2024 Financial Accounting I NEWEST 2024 – 2025 PRACTICE EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES VERIFIED ANSWERS ALREADY GRADED A+ Accounting is an information measurement system that... - ANS-Identifies, records and communicates information about business activities by interpreting info and designing info systems to allow business to make better decisions The Accounting Equation is... - ANS-Assets=Liabilities + Owner's Equi...

Wall Street Prep Accounting Crash Course Exam 2023 with complete solutions What is Accounting? Accounting is the language of business; it is a standard set of rules for measuring a company's financial performance. Assessing a company's financial performance is important for: The firm's officers (managers and employees) Investors Lenders General public Standard financial statements serve as a "yardstick" of communicating financial performance to the general public. Why is Accounti...

SALON MANAGEMENT QUESTIONS AND ANSWERS ACCESSIBILITY - ANS Easy to get to, easy to see. ADVERTISING - ANS Promotion of business, 3% of monthly revenue. APPOINTMENT BOOK - ANS Lets you know what is taking place at any given time in the salon. ASSETS - ANS All things of value that you own. BOOTH RENTAL - ANS A station or space rented by a stylist, practiced by 50% of salons. BUSINESS PLAN - ANS Tool for obtaining financing and a blueprint for future growth. ...

2024 Financial Accounting I NEWEST 2024 – 2025 PRACTICE EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES VERIFIED ANSWERS ALREADY GRADED A+ Accounting is an information measurement system that... - ANS-Identifies, records and communicates information about business activities by interpreting info and designing info systems to allow business to make better decisions The Accounting Equation is... - ANS-Assets=Liabilities + Owner's Equity $100 = $10 + $90...

Constructive eviction - ANSWER-Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave Surrender and acceptance - ANSWER-Mutual agreement to terminate lease The residential landlord and tenant act - ANSWER-Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agency - ANSWER-Statutory law controlling the rights and duties...

FACHE Board of Governor’s Exam Questions and Answers Latest Update 2024 (Graded A+) Definition of working capital Amount of cash required to support operations - for the period of delay in collecting revenue. 5 Financial Mgt functions that are essential for survival 1) Financial planning 2) Pricing 3) Mgt of long term capital 4) Mgt of short term assets & liabilities 5) Multiple corporate acct Relation of Finance to the Governing Board The finance system relates directly to the gov'...

Line Haul Cost - Answer The cost to operate the vehicle, whether it is half empty or full, is the same basic cost. What does alter is the distance that is traveled. Terminal Handling - Answer The cost of handling a shipment several times. When full loads are shipped there is no extra handling thus no extra cost. The shipment can go direct to the required destination. Supplier - Answer A company from which you purchase parts or material Customer - Answer The person or organization that r...

Multiple Choice section of Adventis Certification level 1 Actual Questions and Answers with complete solution