Business accounting Essay

M1: Analyse the cash flow problems a business might experience. For this task I will be writing to Alan Hall with an analysis of the problems in his cash flow statement. Dear Mr Hall,   I have made an analysis of your cash flow statement and am writing to you to inform you about all the problems I have identified Trends on the Net Cash Flow balances There are many trends within the cash flow statement such as the constant increase in advertising rates of  £175 up until September where it increases. It was wise to increase it more in Christmas, but this should’ve carried on into January as it is a new year and a time to sell off any stock that may have remained. The other problem I have identified within Alan halls cash flow statement is the Mortgage, which is fixed. This was wise to keep fixed as the business may not be able to afford any changes that may lead in an increase in cash outflow. I have identified a problem in thewages; the wages has increased twice In June. Both were increased in June, once by  £400 in the wages. The additional wages were increased by  £750, which makes a total of  £1050 increase in June which may be due to growth in employees. Most expenses are fixed such as rent, the expenses such as purchases and Advertisements are only rising immensely hence causing the closing balance to be negat ive despite the continuous rise in sales. The purchases are the main expenditure, which is huge area of concern, these needs to be looked into and controlled. The most common purchases are  £27,000 and the most expensive one  £44,000 hence needs to be looked into to find reasons why so changes can be made. There is a lump sum of  £9000 in the month of March, from a vehicle that was purchased. This lump sum causes the March closing balance to be a negative balance of  £ -2,645 causing the cash flow to have a bank overdraft. Negative Closing balances The closing balances were decent and positive until April where the closing balance became - £1,654. The reason for this may be the decrease in sales by  £2520 in March, despite there being an extra inflow from the bank and  savings of  £8000. The reason of there being a negative closing balance must be from the lump sum of  £9000 outflow, which was due to a vehicle purchase. The negative closing balance continues into the month of May despite there being a increase of  £6300 on sales, the negative closing balance remains due to the rise in purchases of  £4500. The negative closing balance becomes constant throughout the whole year and only gets higher despite the sales rising due to the expenses. The highest negative closing balance is in October of - £12730 despite there being high sales in September. The reason for this was again the increase in outflow of  £5760.

How to Choose a Content Management System Essay Example | Topics and Well Written Essays - 500 words

How to Choose a Content Management System - Essay Example Overcomplicated, end-to-end packages can as much as quintuple site operational costs over human labor alternatives. Unfortunately, the breadth of many vendors' all too-inclusive 'silver-bullet solution' vision has left these companies struggling with platform lock-in, overengineered site infrastructures, exorbitant technical maintenance costs, and per-business-user costs averaging as much as $25,000 per year." Investing in this technology is not cheap; an enterprise-wide system such as Interwoven can cost over $300,0005 to purchase. Open-source solutions such as Zope may save on license fees but will have development and maintenance costs too. Common problems include overspending on the platform, poorly implemented search solutions6 and manually updating content - all of which undermines ROI and TCO. WebSideStory's paper addresses a real training need by identifying the strengths and weaknesses of the various approaches to CMS implementation and identifying how to leverage the technology to add value to the business. The paper is positioned to inform and persuade the reader that internet-based subscription CMS will prove to have the lowest TCO and ROI of any of the 4 approaches for implementing CMS (manual, automated, subscription o

Managing business finance Essay Example | Topics and Well Written Essays - 1750 words - 1

Managing business finance - Essay Example Usually banks engage in selling CLOs with different tranches that represent various ranks of seniority in terms of reward/risk profile (Duffie and Garleanu, 2001). CLO’s involve three key entities; banks, CLO managers, investors and borrowers. Now, in order to understand how CLO’s work it is important to explain the way in which securitisation works. At the very beginning a CLO manager approaches various investors in order to pull up funds from them and use them to buy loans (rather issue loans). These funds are pooled in one place sometimes also called as the securitisation vehicle which serves as the source of loans for potential borrowers. This vehicle generates interests every month which are paid back to the investors in terms of the riskiness assumed by them. There are various tranches of investments which are graded according to their risk/reward profile (Coval, Jurek and Stafford, 2009). Such as a AAA rated loan is less risk and less reward generating security whereas a BB rated loan is high risk high reward generating security. This means that when the securitisation vehicle generates interest every month, the investor a ssuming the exposure to a highly rated loan (less risky) is paid first but at the cost of a lower interest rate. On the other hand the investor assuming the exposure to a low rated loan (highly risky) is paid at the last but with a high interest rate. The fact here is that there is greater chance for the highly rated securities to pay out the return whereas there are lesser chances that the low rated investment tranches will generate a return (Antczak, Lucas and Fabozzi, 2011). Due to the demand for loans bank managers prefer to issue loans by pooling up funds from different sources in order to share the risk of default. They pool funds from their syndicates which involves (also termed as syndication) other banks, hedge funds and CLO managers. A loan is then divided into

Movie review 2 Example | Topics and Well Written Essays - 500 words

2 - Movie Review Example As he grows attached to Diego, he becomes lenient and also pursues a love interest-Diego’s neighbor. The Seventh Seal movie is a drama based on the medieval crusade times where the main character, Antonious Bloch faces many hurdles in his life. After he comes back from the crusades, he realizes that there is famine and plagues in his homeland and there is a man (Death) on his trail to kill him (SDG, 2005). Block challenges his assassin to a game of chess where the stakes are high. If block loses, he dies and if he is wins all is well with him and his family. There is a strong message in the film and a moral struggle between doing what is right for oneself and the interests of others. The game of chess decides the outcomes of individual’s lives(Young, 1960. This, in itself, is a moral contentious issue as the stakes are too high to be decided by individual’s game knowledge. Ashes and Diamonds concern the plight of Maciek, a young polish right-wing army man who is instructed to assassinate the new communist secretary (Bradshaw, 2009). He attempts but fails in his first trial, causing the death of two civilians. He tries again but he is not convinced he is doing the right thing. He falls in love with a girl at the hotel where the communist frontrunner stays. He eventually manages to kill the leader but also dies from wounds from a gunshot he sustained (Malcolm, 1999). The moral struggle in this film is portrayed in the conscience of the young soldier. He is not convinced that killing the communist secretary is appropriate and according to his principles. However, as an army officer, he is obligated to follow the orders he is given, killing the communist official. Zhang Yimou’s Red Sorghum is a chines film that covers the chines cultural revolution during the periods of 60s and 70s. It entails the story of a young poor girl who is

Current Event Paper Assignment Example | Topics and Well Written Essays - 250 words - 21

Current Event Paper - Assignment Example Contemporary events in the contemporary world relating to project management include the emergence of mergers and social corporate responsibility. Amalgamation is a conglomerate business take-over activity, which involves a lot of skills, tools, techniques and knowledge in order to meet a business’ set objectives (Project M.I, 2013). In the modern business world, take-over business operations revolve around the triple constraint project management plans for its success. Lastly, the social corporate responsibility is also an emerging contemporary issue where all the business project management operations must be ethically correct. The emergence of mergers and corporate social responsibility relates to project management concept due to these issues’ levels of technicality. Project management is a technical issue in the decision-making parameter hence without sufficient knowledge, tools and techniques project management’s goal plans are unachievable. Both the amalgamation and social corporate responsibilities, on the other hand, are inclined towards project planning life cycle (Project M.I, 2013). This makes the three concepts interrelated in business

Speluncean Explorers Essay Example | Topics and Well Written Essays - 1250 words

Speluncean Explorers - Essay Example In the process, ten people from the rescue team lost their lives and the entire operation appeared grim. The trapped explorers faced imminent death from starvation. They contacted the rescue camp and explained their condition. The clinician present at the camp informed them that they would die within ten days while the head of the search team informed that they would require at least the same number of days to release them. In order to stay alive, the five decided to prey on one of their own, Roger Whetmore. From the evidence presented, Whetmore was the brainchild behind the idea and provided effective ways of determining the one to eat given their grim situation. The five cast a dice thereby determining that they should kill and eat Whetmore. After the rescue team had succeeded and after the five men had regained their health, the commonwealth indicted them for the murder of Roger Whetmore. In the case, both the trial judge and the jury found the four guilty of killing Whetmore. In their ruling, the jury and the judge followed an integral statue in the society that stated, "Whoever shall willfully take the life of another shall be punished by death†. However, the four appealed the ruling the extra ordinary circumstances to the Supreme Court of Newgarth where I am to review their evidence and provide a new ruling. Among the basic issues that the case present is the need to determine the guilt or innocence of the four men, they killed their colleague, and they have admitted doing so in a previous court. The laws of the land are clear on how to deal with people who kill others. However, the four base their argument on the uniqueness of their case. This implies that besides determining whether the two are guilty or innocent, my court will determine the applicability of the since the case tries the basic dictates of the law in the society. Given the facts presented before the court, I reverse the ruling of the high court that

A monopoly from start to finish Essay Example for Free

A monopoly from start to finish Essay During out studies this term we have learned a lot about a Monopolistic way a company is able to maneuver in the business market and I would like to refresh your mind by offering a clear definition. A Monopoly is a situation in which an entity, either an individual or an industry or organization, is the sole supplier of a particular good or service. As such, this supplier has no competition from other suppliers and is able to control the market value of the commodity. Some monopolies are government-enforced or controlled, while others form naturally or through company merger. According to our focus of this paper, we are asking about the long-run competitive equilibrium of the Wonks Company that was earning a normal rate of return and were competing in a monopolistically competitive market structure. One of the questions we must answer regarding this change in business structure is how the company’s shift to a monopoly will benefit the stakeholders involved. One of the stakeholders who may be involved is the government. Monopolies sanctioned by the government are called legal monopolies. These are considered coercive monopolies, meaning that other companies are forbidden by law to compete against them. Governments also maintain some control over monopolies through competition laws, which prevent monopolies from engaging in unscrupulous or anti-competitive practices (http://www. reference. com/motif/Society/advantages-disadvantages-of-monopolies). The second question is how a Monopoly will affect other businesses and after research it is quite obvious from the definition of a monopoly that other companies do not have to worry about competition from other companies in the same market. Consumers are affected by this change because they must either purchase the product or service from the monopoly or do without it. When a company transitions from a monopolistically competitive firm to a monopoly, there will be changes with regard to prices and output from both of these market structures. So, let’s take a closer look at how prices are affected when a firm becomes a monopoly. A common practice among some monopolies is price discrimination, in which the monopolist charges some segments of the population more than others for the same product or service, based on a higher need or a wealthier consumer base. This would usually be called price fixing which is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. When the monopoly is able to prevent buyers from reselling their product, they may be able to price discriminate to accentuate the effects of monopoly power. In my opinion the most important group that is affected by a Monopoly are the consumers. Monopolies can impact consumer prices in two obviously different ways, they can cause prices to drop so low that it forces companies out of business or it an cause prices to skyrocket making it difficult for consumers to purchase a product, neither being a good option for the consumer. If one business is the only provider of a product or service, the consumer is forced to pay whatever the price they demand. This can also lead to the company providing a low quality product or service without fear of losing business (Home, 2009). Since monopolies are the only provider, they can set pretty much any price they choose, regardless of demand, because they know the consumer has no choice. Is this sort of thing fair to consumers? Of course not, but it is how big business is able to stay on top of the market. For example, most people find that Apple products have an outrageous price tag, but I have come to learn that the quality of their products is outstanding and I estimate that Apple will continue to rise in popularity for years to come. It has also come to my attention that because Monopolies try to monitor the price of products they may resort to price discrimination. Price discrimination is sometimes defined as the practice of a firm selling a homogeneous commodity at the same time to different purchasers at different prices . Of course, I believe it is important to understand what and how price discrimination occurs. â€Å"Price discrimination exists when two similar products which have the same marginal cost to produce are sold by a firm at different prices. This sort of practice is highly controversial in terms of its impact on both consumers and rivals† (Price Discrimination, 2006, p. 1). There are many ways to accomplish these sort of conditions because the transactions surely need not be simultaneous; indeed, there is temporal discrimination, such as between Sunday rates and week, day rates, matinee and evening prices, peak rates and off-peak rates, season and off-season prices. To sell different qualities or products with different marginal cost at the same price, or to buy different qualities or factors of different efficiency at the same price, is also discriminatory. Based on all of this useful information we must also answer the question regarding which market structure is more beneficial for Wonks to operate in and will this market structure benefit consumers? In my opinion it is based on the level of quality and service of the products and how much consumers are willing to pay for the products they want to purchase. In a monopolistic competitive market the consumer may choose to purchase a substitute product for a lower price, but only if the consumer values price over value. Of course with a monopoly there may be only a few companies offering a substitute product. If one company’s product becomes too high in price, the consumer will eventually look for another brand that offers similar use. According to economist, the monopolistic competitor’s demand curve is less elastic than a pure competitor and more elastic than a pure monopolist. Monopolistic competitors have excess capacity which means that fewer companies operating at capacity could supply the industry output. It is my opinion that Wonks might operate more beneficially as a Monopoly than at a Monopolistic Competitive firm because they will not have as much competition to deal with and they can corner the market with value and price. Resources: 1. McChesney, F. S. , Shughart II, W. F. , Haddock, D. D. (2004). ON THE INTERNAL CONTRADICTIONS OF THE LAW OF ONE PRICE. Economic Inquiry, 42(4), 706-716. doi:10. 1093/ei/cbh091 2. Mainwaring, L. L. (1977). MONOPOLY POWER, INCOME DISTRIBUTION AND PRICE DETERMINATION. Kyklos, 30(4), 674. 3. https://www. fcsknowledgecenter. com/uploads/2011_Row_Crops_Industry_Perspective. pdf 4. http://academic. udayton. edu/lawrenceulrich/Stakeholder%20Theory. pdf 5. http://www. answers. com/topic/mergers-and-acquisitions 6. http://www. helium. com/items/1405663-what-is-a-monopoly-what-do-monopolies-do-how-is-the-economy-affected-by-monopolies 7. Case, K. E. , Fair, R. C. , and Oster, S. E. (2009) Principles of Microeconomics (9th ed). Upper Saddle River, New Jersey: Pearson Prentice Hall.