A formal statement of the financial resources set aside for carrying out specific activities in a given period of time. A budget is prepared for the effective utilization of resources. It is based on the implementations of a forecast and related to planned events.
Horizontal analysis is also known as Trend Analysis refers to studying the behavior of individual financial statement items over several accounting periods. The Vertical Analysis concentrates on the relationships between various financial items on a financial statement. Copy the link given below and paste it in new browser window to get more information on Horizontal and Vertical Analysis:- http://www.transtutors.com/homework-help/accounting/horizontal-and-vertical-analysis.aspx
Use of Revaluation Model for Valuation of Property, Plant and Equipment (PPE)...Sajal Maheshwari
Use of Revaluation Model for Valuation of Property, Plant and Equipment (PPE) under International Financial Reporting Standard (IFRS) with Examples and IAS/IFRS Relevant Text
Running head UNIT 1 ASSIGNMENT SHARK TANK WICKED GOOD CUPCAKES .docxtodd521
Running head: UNIT 1 ASSIGNMENT: SHARK TANK: WICKED GOOD CUPCAKES 2
UNIT 1 ASSIGNMENT: SHARK TANK: WICKED GOOD CUPCAKES 2
Introduction
Wicked Good Cupcakes was started by mother and daughter in 2011 in Cohasset, MA. The company sells its products both in – store and online markets. Wicked Good Cupcakes is a successful Shark Tank Venture. This paper is focuses on the analysis of its financial statements from the except given for the financial year 2011 and 2012.
1. During 2011 how much cash did Wicked Good Cupcakes collect from sales?
Net Sales = Cash Sales + Credit Sales
2011 credit sales are shown by accounts receivables for the year 2011 = $8,700
Net Sales for 2011 = $78,200
Hence,
Cash sales = Net Sales – Credit Sales (Accounts Receivable)
= $78,200 - $8,700
= $69,500
Therefore, Wicked Good Cupcakes’ cash sales for the financial year ended 2011 was $69,500
2. During 2011 what was the cost of goods produced by the company?
The cost of goods produced by the business refers to the total amount of goods produced in the financial year and were sold or unsold. Therefore, to obtain the cost of good produced, we use sum the cost of goods sold (COGS) and the cost of ending inventory (Finished Goods Inventory) (Weygandt, Jerry J., 2013), i.e.
Costs of Goods produced = COGS + Ending inventory
= $50,200 + $2,900
= $53,100
3. Assuming that Wicked Good Cupcakes neither sold/salvaged assets during the year, what were the capital expenses during 2011?
The expense in capital is recorded by the depreciation expenses. For Wicked Good Cupcakes, the depreciation expense recorded is for the fixed assets. Also, capital expense represents the amount the business uses to acquire, improve and/or maintain fixed assets. Therefore, for Wicked Good Cupcake, capital expense is the depreciation of fixed assets. We have then that;
Capital Expense = Depreciation Expense + Capital Loss
Capital Expense = $6,100, since there is no capital loss indicated
4. Assuming that there were no financing cash flows during 2011, using the information from above, what was Wicked Good Cupcake’s cash flow from operations in 2011?
Cash flows from operations is determined by evaluating the net income the firm has from the income statement, the non-cash activities and changes from current assets and current liabilities (Choi, W., Han, S., Jung, S. H., & Kang, T., 2015). From the information given, we have;
Net Income
$14,200
Adjustments to reconcile net income:
Depreciation Expense
$6,100
Changes in Operating Assets and Liabilities:
Increase in Accounts Receivable
($3,000)
Decrease in Inventory
$1,000
Increase in Accounts Payable
$500
Cash Flows from Operating Activities
$18,800
Therefore, cash flows from operating activities for Wicked Goods Cupcakes was $18,800 in the financial year 2011.
5. Does your analysis of these selected financial data justify O’Leary’s interest and partnership in Wicked Good Cupcakes? Explain.
Based on the information provide.
A formal statement of the financial resources set aside for carrying out specific activities in a given period of time. A budget is prepared for the effective utilization of resources. It is based on the implementations of a forecast and related to planned events.
Horizontal analysis is also known as Trend Analysis refers to studying the behavior of individual financial statement items over several accounting periods. The Vertical Analysis concentrates on the relationships between various financial items on a financial statement. Copy the link given below and paste it in new browser window to get more information on Horizontal and Vertical Analysis:- http://www.transtutors.com/homework-help/accounting/horizontal-and-vertical-analysis.aspx
Use of Revaluation Model for Valuation of Property, Plant and Equipment (PPE)...Sajal Maheshwari
Use of Revaluation Model for Valuation of Property, Plant and Equipment (PPE) under International Financial Reporting Standard (IFRS) with Examples and IAS/IFRS Relevant Text
Running head UNIT 1 ASSIGNMENT SHARK TANK WICKED GOOD CUPCAKES .docxtodd521
Running head: UNIT 1 ASSIGNMENT: SHARK TANK: WICKED GOOD CUPCAKES 2
UNIT 1 ASSIGNMENT: SHARK TANK: WICKED GOOD CUPCAKES 2
Introduction
Wicked Good Cupcakes was started by mother and daughter in 2011 in Cohasset, MA. The company sells its products both in – store and online markets. Wicked Good Cupcakes is a successful Shark Tank Venture. This paper is focuses on the analysis of its financial statements from the except given for the financial year 2011 and 2012.
1. During 2011 how much cash did Wicked Good Cupcakes collect from sales?
Net Sales = Cash Sales + Credit Sales
2011 credit sales are shown by accounts receivables for the year 2011 = $8,700
Net Sales for 2011 = $78,200
Hence,
Cash sales = Net Sales – Credit Sales (Accounts Receivable)
= $78,200 - $8,700
= $69,500
Therefore, Wicked Good Cupcakes’ cash sales for the financial year ended 2011 was $69,500
2. During 2011 what was the cost of goods produced by the company?
The cost of goods produced by the business refers to the total amount of goods produced in the financial year and were sold or unsold. Therefore, to obtain the cost of good produced, we use sum the cost of goods sold (COGS) and the cost of ending inventory (Finished Goods Inventory) (Weygandt, Jerry J., 2013), i.e.
Costs of Goods produced = COGS + Ending inventory
= $50,200 + $2,900
= $53,100
3. Assuming that Wicked Good Cupcakes neither sold/salvaged assets during the year, what were the capital expenses during 2011?
The expense in capital is recorded by the depreciation expenses. For Wicked Good Cupcakes, the depreciation expense recorded is for the fixed assets. Also, capital expense represents the amount the business uses to acquire, improve and/or maintain fixed assets. Therefore, for Wicked Good Cupcake, capital expense is the depreciation of fixed assets. We have then that;
Capital Expense = Depreciation Expense + Capital Loss
Capital Expense = $6,100, since there is no capital loss indicated
4. Assuming that there were no financing cash flows during 2011, using the information from above, what was Wicked Good Cupcake’s cash flow from operations in 2011?
Cash flows from operations is determined by evaluating the net income the firm has from the income statement, the non-cash activities and changes from current assets and current liabilities (Choi, W., Han, S., Jung, S. H., & Kang, T., 2015). From the information given, we have;
Net Income
$14,200
Adjustments to reconcile net income:
Depreciation Expense
$6,100
Changes in Operating Assets and Liabilities:
Increase in Accounts Receivable
($3,000)
Decrease in Inventory
$1,000
Increase in Accounts Payable
$500
Cash Flows from Operating Activities
$18,800
Therefore, cash flows from operating activities for Wicked Goods Cupcakes was $18,800 in the financial year 2011.
5. Does your analysis of these selected financial data justify O’Leary’s interest and partnership in Wicked Good Cupcakes? Explain.
Based on the information provide.
To download the editable version of this document, go to www.slidebooks.com
Learn how to create a financial plan with a training and templates in editable Powerpoint slides created by former Deloitte Management Consultants .
Glen Birnbaum, CPA presents to local Peoria IMEC group on the business valuation process. The target audience was to manufacturing clients. Heinold Banwart, Ltd.
Quantum Technology had $646,000 of retained earnings on December 3.docxamrit47
Quantum Technology had $646,000 of retained earnings on December 31, 2013. The company paid common dividends of $34,800 in 2013 and had retained earnings of $506,000 on December 31, 2012.
a.
How much did Quantum Technology earn during 2013?
Earnings available to common stockholders
$
b.
What would earnings per share be if 42,100 shares of common stock were outstanding? (Round your answer to 2 decimal places.)
Earnings per share
Botox Facial Care had earnings after taxes of $362,000 in 2012 with 200,000 shares of stock outstanding. The stock price was $81.80. In 2013, earnings after taxes increased to $450,000 with the same 200,000 shares outstanding. The stock price was $95.00.
a.
Compute earnings per share and the P/E ratio for 2012. (The P/E ratio equals the stock price divided by earnings per share.)
b.
Compute earnings per share and the P/E ratio for 2013.
c.
Why did the P/E ratio change?
Amigo Software Inc. has total assets of $864,000, current liabilities of $166,000, and long-term liabilities of $149,000. There is $96,000 in preferred stock outstanding. Thirty thousand shares of common stock have been issued.
a.
Compute book value (net worth) per share.
b.
If there is $55,300 in earnings available to common stockholders and the firm’s stock has a P/E of 28 times earnings per share, what is the current price of the stock?
c.
What is the ratio of market value per share to book value per share?
The Rogers Corporation has a gross profit of $707,000 and $329,000 in depreciation expense. The Evans Corporation also has $707,000 in gross profit, with $44,800 in depreciation expense. Selling and administrative expense is $176,000 for each company.
a.
Given that the tax rate is 40 percent, compute the cash flow for both companies.
b.
Calculate the difference in cash flow between the two firms.
A-Rod Fishing Supplies had sales of $2,010,000 and cost of goods sold of $1,350,000. Selling and administrative expenses represented 10 percent of sales. Depreciation was 5 percent of the total assets of $4,070,000.
What was the firm’s operating profit?
Jerry Rice and Grain Stores has $4,040,000 in yearly sales. The firm earns 4 percent on each dollar of sales and turns over its assets 2 times per year. It has $102,000 in current liabilities and $381,000 in long-term liabilities.
a.
What is its return on stockholders’ equity?
b.
If the asset base remains the same as computed in part a, but total asset turnover goes up to 3.00, what will be the new return on stockholders’ equity? Assume that the profit margin stays the same as do current and long-term liabilities.
A firm has net income before interest and taxes of $156,000 and interest expense of $25,500.
a.
What is the times-interest-earned ratio?
b.
If the firm’s lease payments are $49,500, what is the fixed charge coverage?
The balance sheet for Stud Clothiers is shown next. Sales for the year were $3,190,000, with 75 percent of sales sold on credit.
STUD CLOTHIERS
Balance Sheet 2 ...
1. Managerial accounting stresses accounting concepts and procedur.docxjackiewalcutt
1. Managerial accounting stresses accounting concepts and procedures that are relevant to preparing reports for
investors and banks.
internal users of accounting information.
shareholders and creditors.
the Securities and Exchange Commission (SEC).
2. The goal of managerial accounting is to provide information that managers need for
planning, control, and financial reporting.
control, evaluation, and financial reporting.
planning, control, and decision making.
preparing reports for external users.
3. The financial plans prepared by managerial accountants are referred to as
budgets.
financial statements.
treasurer’s reports.
controller’s opinions.
4. Performance reports often compare current performance with
a competing company’s performance.
shareholders’ expected level of performance.
industry standards.
performance in a prior period or budgeted performance.
5. Below is a performance report that compares budgeted and actual profit of Atlanta Enterprises for the month of June:
Budget
Actual
Difference
Sales
$182,000
$180,000
($2,000)
Less:
Cost of ingredients
145,000
141,000
4,000
Salaries
24,000
23,000
1,000
Controllable profit
$ 13,000
$ 16,000
$ 3,000
In evaluating the department in terms of its changes in sales and expenses, what will be most important to investigate?
Sales
Cost of ingredients
Salaries
Debtors
6. The fundamental difference between managerial and financial accounting is that
all financial accounting information is audited by Certified Public Accountants whereas managerial accounting information is audited by the IMA.
managerial accounting is concerned principally with budgets, whereas financial accounting is concerned with a wider range of the organization’s activities.
managerial accounting provides information for decision-makers within the organization, whereas financial accounting provides information for individuals and institutions external to the organization.
financial accounting information follows U.S. Generally Accepted Accounting Principles, whereas managerial accounting information generally follows rules set forth by the Institute of Management Accountants.
7. Variable cost per unit
increases when the number of units produced increases.
does not change when the number of units produced increases.
decreases when the number of units produced increases.
decreases when the number of units produced decreases.
8. Which of the following is most likely to be a fixed cost?
Cost of wheels for a lawn mower manufacturer
Rent on a factory building
Cost of labor for cashiers at a retail store
Supplies used by the housekeeping staff that cleans hotel rooms
9. Sunland’s Salsa is in the process of preparing a production cost budget for May. Actual costs in April were:
Sunland’s Salsa
Production Costs
April 2020
Production
20,000
Jars of Salsa
Ingredient cost (variable)
$12,000
Labor cost (variable)
8,400
Rent (fixed)
5,000
Depreciation (fixed)
...
Alot of printing presses facing problem due to stages in production process, and there are so many kinds of identical item to produce. so they can sort out their costing problem by using this sheet and develop ERP as per their needs
Income statement Functional Format,Linear cost Function,Method of Analyzing cost,Comparison of variable costing , unit cost computation, Illustration of variable costing , evaluation of results. Managerial Accounting
Future value , Compounding , Present value Discounting , Future value Annuity, ordinary annuity, Annuities due, Present value ordinary annuity , Annuities Due,, Solving for interest Rate, number of periods or payment
Type of Production: Homogeneous
Firm using it : Chemical, Oil,flour, Plastic and paint,
Focal Point: Processing Center,,
Control Document :Cost of Production Report,
Reporting period: Time period such as month,
Unit cost computation:by processing center
Flow of products:continuous,
Measurement of Output: Equivalent Unit of Production.
Interest-rate risk substantially affect the values of the assets and liabilities of most corporations and is often a dominant factor affecting the values of pension funds, banks and many other financial intermediaries.
The market-oriented economies and the global market place have enhanced the competition for funds and market share thereby cutting down the spreads of the banks, a part from declining spread, banks are also witnessing a faster growth in their expenses when compared to their revenues predominant in these expenses are the raising salary expenses and loan-loss expenses. banks are responding by introducing new product lines and developing the existing services into more sophisticated ones,in order to offset the rising expenses
BMA Asset Management Company Limited (BMA FUNDS) established in 1992 is a Non Banking Finance Company (NBFC) and a wholly owned subsidiary of BMA Capital Management Limited. The firm is an approved Investment Advisor and Asset Manager by the Securities and Exchange Commission of Pakistan (SECP) with a proven track record and intimate knowledge of Pakistan's capital markets over the past 15 years. BMA Capital is the parent company of BMA FUNDS and a leading investment firm involved in the domestic capital markets, investment banking, asset management and private equity. In June 2004, BMA entered into a joint venture with Abraaj Capital, the leading private equity firm in the Middle East and have launched Pakistan's first private equity fund of US $300 million for inward investment in Pakistan.
More from Sumaira Sultana Talpur (MBA Finance) (20)
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
NO1 Uk Rohani Baba In Karachi Bangali Baba Karachi Online Amil Baba WorldWide...Amil baba
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
A simple financial planning model
1. Financial Planning Model Ingredients
1) Sales Forecast
2)Proforma statements
3)Assets Requirements
4)Financial Requirements
5)The Plug
6)Economic Assumption
Recent Financial Statement
Sales $1,000
Costs ($800)
Net Income $200
Assets $500
Total $500
Liabilites & Owner Equity
Debt $250
Equity $250
Total $500
2) Suppose sales increase by 20%
ABC Corporation
Note : IF it is not stated, As a financial planner at ABC assume that all variables are tied directly to
sales and current relationship are optimal. This means that all items will grow at exactly the same
rate as sales.This is obviously oversimplified, we use this assumption only to make a point.
Financial Planning Models: A First Look
ABC Corporation
Income statement
Balance Sheet
Assets
2. Current Year Projection
Sales $1,000 $1,200
Costs ($800) ($960)
Net Income $200 $240
Assets Current Year Projection Change
Assets $500 $600 $100
Total $500 $600 $100
Liabilites & Owner Equity
Debt $250 $300 $50
Equity $250 $300 $50
Total $500 $600 $100
For example, Can net income be equal to $240 and equity increase by only $50?
Income $240
Equity ($50)
Difference $190
Possibly as a Cash dividend. In this case , Dividends are the plug variable.
Proforma balance sheet
Lets have to reconcile these two proformas. How ?
Answer is ABC must have paid out the difference.
ABC Corporation
Proforma Income Statement
ABC Corporation
Suppose ABC does not pay out $190. In this case, the addition to retained earning is the full $240.
ABC equity will grow to $250 the starting amount plus$240 net income $490 and debt must be
retired to keep total assets equal to 600..
With $600 in total assets and $490 in equity, debt will be have to be $600-$490= $110 , because we
started with $250 in debt.ABC will have to retire $250-$110=$140 in debt. The resulting proforma
balance sheet would look like this.
3. Assets Current Year Projection Change
Assets $500 $600 $100
Total $500 $600 $100
Liabilites & Owner Equity
Debt $250 $110 ($140)
Equity $250 $490 $240
Total $500 $600 $100
ABC Corporation
Proforma balance sheet
In this case, Debt is the plug variable used to balance projected total assets and liabilites
This example shows the interaction between sales growth and Financial policy. As a sales increase,
so do total assets.. This Occurs because the firm must invest in networking capital and fixed assets
to support higher sales levels.Because assets are growing, total liabilites and equity will grow as
well.
The Thing to notice from simple example is that the way the liabilities and owners equity change
depends on the firm's financing policy and its dividend policy. The growth in assets requires that the
firm decide on how to finance that growth.This is strictly a Managerial decision.Note that in my
example, the firm needed no outside funds, This won't usually be the case.