MILPROG Operations COGS Salaries Utilities Material

Slides:

Advertisements

Similar presentations

Comparing Merchandising and Manufacturing Activities

Advertisements

4-1 Balance Sheet: Assets Cash A/R Inventories Total CA Gross FA Less: Dep. Net FA Total Assets , ,160 1,287,360 1,926,802 1,202, ,160.

ULM SATURDAY ACADEMY 1/25/2014. What is Accounting?  Accounting is the recording, measurement and interpretation of financial information. 2.

Statement of Cash Flows Provides liquidity information about a firm. Broken down by firm activity areas: Operating: normal business cash flows Investing:

2006 Cash Flow Statement Sources of cash: Beginning cash balance Cash receipts from product sales Other sources of cash Total sources of cash Uses of cash:

Cash Flow Statement Why is the cash flow statement so important? –Cash is King –No business will survive long without adequate cash flow. (There are a.

P1–1. Req. 1 NUCLEAR COMPANY Income Statement For the Year Ended December 31, 20A Total sales revenue (given)$ Total expenses (given) Pretax income.

McClaren Corporation Income Statement For the Year Ended June 30, 2008 Revenue Sale Revenue $100,000 Sale Revenue $100,000 Total Sales Revenue 100,000.

Income Statement Net Sales - COGS = Gross Profit - Operating Expenses = Operating Income - Interest expenses & taxes = Net Income.

AGEC 489/689 Spring 2009 Detailed View of Financial Statement Linkages Slide Show #3.

Statement of Cash Flows Chapter Understanding the purpose of a statement of cash flows. Learning Objective 1.

Stock Market Analysis and Personal Finance Mr. Bernstein Personal Financial Statement, pp February 19, 2015.

Which one calculates Net Worth?

C ASH - FLOW F ORECASTS Objective Prepare cash flow fore cast from given information.

Financial Statements Q&A. Name a type of Financial Statement?

Balance Sheets Analyzing Assets, Liabilities, & Equity.

Intro to Financial Management Understanding Financial Statements and Cash Flows.

Statement of Cash Flows: Direct Method Chapter 13 McGraw-Hill/Irwin © 2009 The McGraw-Hill Companies, Inc.

Financial Puzzle FINANCIAL STATEMENTS By PresenterMedia.com PresenterMedia.com.

6 - 1 Income statement Balance sheet Statement of cash flows Financial Statement.

Apply procedures for preparing corporate financial statements.

Reporting & Analyzing Merchandising Operations

New Venture Finance. First steps – how much $ does your new venture need? Must assemble pro forma financials to test assumptions (and convince investors.

Quible Security Systems Income Statement Year Ended December 31, 2010 $XXX,XXX $XX,XXX $XXX,XXX $XX,XXX REVENUES: Service Revenue EXPENSES: Salary expense.

Chart of Accounts.

WORKSHEET. STEP 1: WRITE THE HEADING  WHO  WHAT  WHEN  ACROSS THE TOP OF THE WORKSHEET.

© 2004 Prentice Hall Business Publishing, College Accounting: A Practical Approach, 9e by Slater Statement of Cash Flows Chapter 21.

Chpt 5.1 – Expanded Ledger Take a look at the T-Account for Capital that shows all the transactions for the month of January. How much revenue did the.

Chapter 3. Understanding Financial Statements and Cash Flows.

Reporting and Analysing Inventory. Classifying Inventory In a manufacturing business, inventories are usually classified into 3 categories: Raw materials:

Preparing Financial Documents The Income Statement & Balance Sheet.

IGCSE Business Studies Cash Flow. What is meant by cash flow? Cash flow is the flow of cash in and out of a business, over a period of time. Cash inflows.

INCOME STATEMENT Also known as the P & L statement is the only financial statement that enables a business to look at its PROFIT over a period of time.

1. »Are vital because a business cannot exist without cash flow »Focus on the following: –creating up-to-date, accurate financial statements –making a.

9.2 - PART B PREPARING FINANCIAL STATEMENTS THE INCOME STATEMENT BBI 2O Name:

Personal Finance Unit: Real World Project. (Description)  (Picture)

Financial Management. Purpose of Financial Reports Financial Reports – Summarize financial data over a given period of time (shows if the company made.

1000 account #’s Assets 2000 account #’s Liabilities 3000 account #’s Equity 4000 account #’s Income 5000 account #’s Expense J& B Things you Own Cash,

Chapter 19 Fundamentals of Corporate Finance Fifth Edition Slides by Matthew Will McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc.

 Students are able to explain the components of a balance sheet and create a balance sheet.

2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Category 1 Category 2Category 3Category.

© 2000 South-Western Educational Publishing INCOME STATEMENT INFORMATION ON A WORK SHEET Lesson 8-1, page 182.

Job-Order Costing: A Microsoft Excel-Based Approach

Extending Financial Statement Information on a Work Sheet

Session 3 March 3rd, 2014.

4.04 Statement of Cash Flows

WHAT’S UP WITH C&C’S CASH?

SBE 5.01 SBE 5.01 SBE 5.01 SBE 5.01 SBE pt 1 pt 1 pt 1pt 1 pt

Income Statement accounts

Because it is not really a 201 class.

EXTENDING BALANCE SHEET ACCOUNT BALANCES ON A WORK SHEET

Statement of Cash Flows

Financial Analysis – Part 1

Learning Objectives 1. Identify major classifications of inventory.

INCOME STATEMENT INFORMATION ON A WORK SHEET

The Income Statement Chapter 3.

C. Financing a Small Business

Income Statement Farwell Company has the following information available from its most recent fiscal year. Use the relevant information to determine the.

Intro to Financial Management

Extending Financial Statement Information on a Work Sheet

LESSON 6-3 Extending Financial Statement Information on a Work Sheet

Income Statement.

Point 6 Financial Statements

Debits and Credits: Analyzing and Recording Business Transactions

Review of Accounting 1 Day 2

Financial Statements.

Extending Financial Statement Information on a Work Sheet

Extending Financial Statement Information on a Work Sheet

Received $40,000 cash from the issue of common stock.

Principal Balance January 1

Presentation transcript:

MILPROG Operations COGS Salaries Utilities Material Balance Item Amount $600 $ Units $2,063 4 7 1 5 10 13 18 2 9 Total 3 11 $1,750 12 8 $750 6 $405 14 15 16 17 $4,800 248 $7,650 Happy Place NO. Payment Assembly Unit Loan Volcano Ave Acct Receivable $1,000 Oven Acct Payable Cash Sales Salaries No. $ Change Manufacturing Unit Loan $4,550 Value Raw Material Finished Goods $4,950 COGS Utilities Net Cost to Run the Business Destination Legend Balance Sheet Income Statement Salaries Utilities Material Ops and Other Expenses Loans Mortgages