Banking Vocabulary Series-A. International Banking has its own set of terminology. Boost your knowledge of banking vocabulary with the first set of the following 7 terms, with definitions and examples: accrual accounting, acid test, book value, bridge loan, collateral, debenture, and double indemnity. Boost your business vocabulary for more success at the office! Tell your friends about this International Banking Vocabulary series!
http://goo.gl/b4OLC6 - International Banking Vocabulary: English is the universal language of money in our global interdependent economy. Learn seven (7) useful international banking terms in our third installment (Package C) to boost your vocabulary. Improve your business vocabulary today - http://goo.gl/b4OLC6!
http://goo.gl/b4OLC6 - International Banking Vocabulary: English is the universal language of money in our global interdependent economy. Learn seven (7) useful international banking terms in our third installment (Package C) to boost your vocabulary. Improve your business vocabulary today - http://goo.gl/b4OLC6!
Relative clauses with comics and jokes: who, which, that, when and where. Alina Dashkewitz
I created this grammar show for my B1 students. I used comic strips and jokes to explain and illustrate the use of relative clauses and relative pronouns (who, which, that, when and where). There is lso an exercise to practice the skills.
Aim: To practice the use of relative clauses (who, which, that, when and where)
Interaction: Individually or in groups
Exercise type: Filling in the gaps
Language: B1
Time: 10-15 minutes
Materials: Slideshow, 5 pieces of paper for each student, markers
Procedure: 1. Give each student 5 pieces of paper.
2. Instruct the students to write down a different relative pronoun (that, who, which, when or where) on each of the 5 pieces of paper that they have. Recommend the students to use colorful markers and write in big letters that are visible from a distance.
3. You will be showing your students slides with sentences on them. Each sentence is missing a relative pronoun.
4. Display the slide with the first sentence on it. Allow some time for your students to read the sentence and to come up with a missing relative pronoun. The students need to raise the paper with a suitable relative pronoun up in the air as soon as possible.
5. In some cases two variants are possible. If this is the case, the students need to raise two pieces of paper.
6. The first three students to raise correct papers get an extra point.
7. The person with the top score at the end of the game wins!
[INSERT TITLE HERE] 6Running head [INSERT TITLE HERE].docxdanielfoster65629
[INSERT TITLE HERE] 6
Running head: [INSERT TITLE HERE]
[INSERT TITLE HERE]
Student Name
Allied American University
Author Note
This paper was prepared for [INSERT COURSE NAME], [INSERT COURSE ASSIGNMENT] taught by [INSERT INSTRUCTOR’S NAME].
PART I: SHORT RESPONSE
Directions: Please respond to each of the following questions. Write at least 3 to 5 sentences for each question.
1. List and explain the four items under the umbrella of owner's equity, including whether it increases or decreases overall equity.
2. What is the fundamental accounting equation, including examples of each item of the equation?
3. Explain the separate entity concept, including why it is important to accounting.
PART II: APPLICATION
Directions: Please answer each of the following questions. Show your work as necessary.
1. T. Richtor established her own business, called Richtor's Self-Storage. Use the account headings presented below in the expanded accounting equation to record the monthly transactions.
Assets
=
Cash + Accounts Receivable + Supplies + Prepaid Insurance + Office Equipment
Liabilities
+
Owner's Equity
Accounts Payable
T. Richtor, Capital T. Richtor, Drawing + Revenue Expenses
a.
Deposited $12,000 in a bank account in the name of the business.
b.
Bought office equipment on account from Molly Company, $3,100.
c.
Paid rent for the month, $2,400.
d.
Bought supplies for cash, $450.
e.
Paid wages, $980.
f.
Received cash for storage services, $3,600.
g.
Received and paid the utility bill, $252.
h.
Paid Lar's Graphics for advertising, $428. (The bill was not previously recorded.)
i.
Paid for a one-year liability insurance policy, $835.
j.
Billed customers for storage services on account, $3,370.
k.
Received cash for storage services, $2,300.
l.
Paid wages, $990.
m.
Paid Molly Company $1,100 as partial payment on the office equipment bought in transaction b.
n.
Richter withdrew $1,200 for personal use.
Instructions:
1.
Record the transactions in columnar form, write plus and minus signs, and show the balance after each transaction to be sure that the equation remains in balance.
2.
Write the proof of totals at the bottom to show that one side of the equation equals the other side.
Assets
=
>
Accounts
Prepaid
Office
>
Cash
+
Receivable
+
Supplies
+
Insurance
+
Equipment
=
>
a.
>
b.
=
>
Bal.
=
>
c.
>
Bal.
=
>
d.
>
Bal.
=
>
e.
>
Bal.
=
>
f.
>
Bal.
=
>
g.
>
Bal.
=
>
h.
>
Bal.
=
>
i.
>
Bal.
=
>
j.
>
Bal.
=
>
k.
>
Bal.
=
>
l.
>
Bal.
=
>
m.
>
Bal.
=
>
n.
>
Bal.
=
>
<
Liabilities
+
Owner's Equity
<
Accounts
T. Richtor,
T. Richtor,
<
Payable
+
Capital
Drawing
+
Revenue
Expenses
<
a.
+
<
b.
<
Bal.
+
<
c.
<
Bal.
+
<
.
Website development company in delhi ncrCss Founder
Website Development Company is fastest growing company in the IT market for the website design and development. we are best website development company in India as well as in USA we are based in Noida and Delhi NCR. Website development company is powered by Css Founder.com
Tax Research Assignment 2Acct 6140 Students OnlyFall 2013You.docxssuserf9c51d
Tax Research Assignment 2
Acct 6140 Students Only
Fall 2013
Your assignment is to write a professional tax research memorandum that
addresses the issue shown below.
Mike is a salesperson who represents several companies. On
January 2, 2014, he receives by mail a commission check from
Produce Packaging Distributors, Inc. in the amount of $13,500 and
dated December 30, 2013. Mike is concerned about the year in
which the $13,500 is taxable. Although the check is dated 2013, he
contends that it would have been unreasonable for him to drive the
55 miles to the Produce Packaging offices on a holiday to collect the
check. Further, Mike maintains that even if he had made the trip to
collect the check, by the time he returned home, his bank would have
closed and he could not have received credit for the check until after
the first of the year.
In addition, Mike attended classes provided by his church in 2013.
He made payments to the church that were required to attend
classes. He plans to deduct the payments as charitable contributions
to his church on his 2013 tax return.
a. Mike would like you to determine whether he should include the
$13,500 commission income on his 2013 or 2014 tax return.
b. Mike would also like to know if he can deduct the payments to his
church as charitable contributions in 2013.
Tax Research Memo Format:
Title your memo either generally, e.g., Research Memorandum or more
specifically, e.g., name of the client and the specific tax situation at hand
Address your memo to the client file [include the standard Date, To, From,
and Re headings]
Organize the body of your memo using the following subheadings:
o Facts
o Issue(s)
o Conclusion(s)
o Analysis/Discussion
The Facts section should clearly and concisely summarize all relevant
facts that may affect the tax outcomes. In particular, include dollar
amounts, dates, and names of all parties to transactions.
The Issues section should include numbered issues if there is more than
one. Write each issue as a question. Include enough of the facts to give
context to the question. For example, How much, if any, of the $3,000
John Doe paid for attending a Real Estate conference cruise from Miami
to Galveston can he deduct as a business education expense? is better
than What are the tax consequences of these facts?
The Conclusion(s) should be numbered to correspond to the Issue(s).
State a definite conclusion, if possible, for each Issue. If a definite
conclusion is not possible, for example, because you are researching
alternative ways to plan a transaction, then state the conclusion that will
be appropriate IF each alternative is taken.
The Analysis/Discussion section should be organized to correspond to
each issue if there is more than one.
Each numbered subsection in the Analysis section should be organized as
follows:
o Summarize the relevant Code section. For example, if you are
analyzing a deductibility of a business expense, begin by
summarizing the rule in §162(a). Parap ...
Investment Risks of a Debt Ceiling CrisisInvestingTips
Because of recurrent budget deficits the US Treasury (which sells securities) needs permission to borrow as the debt limit is a set number. In 2023 that debt limit will soon be passed and Congress will need to raise the legal debt ceiling or risk having the United States of America go into default on its debts. At Profitable Investing Tips we are concerned about investment risks of a debt ceiling crisis which is currently brewing.
https://youtu.be/kcde-tST7S0
Relative clauses with comics and jokes: who, which, that, when and where. Alina Dashkewitz
I created this grammar show for my B1 students. I used comic strips and jokes to explain and illustrate the use of relative clauses and relative pronouns (who, which, that, when and where). There is lso an exercise to practice the skills.
Aim: To practice the use of relative clauses (who, which, that, when and where)
Interaction: Individually or in groups
Exercise type: Filling in the gaps
Language: B1
Time: 10-15 minutes
Materials: Slideshow, 5 pieces of paper for each student, markers
Procedure: 1. Give each student 5 pieces of paper.
2. Instruct the students to write down a different relative pronoun (that, who, which, when or where) on each of the 5 pieces of paper that they have. Recommend the students to use colorful markers and write in big letters that are visible from a distance.
3. You will be showing your students slides with sentences on them. Each sentence is missing a relative pronoun.
4. Display the slide with the first sentence on it. Allow some time for your students to read the sentence and to come up with a missing relative pronoun. The students need to raise the paper with a suitable relative pronoun up in the air as soon as possible.
5. In some cases two variants are possible. If this is the case, the students need to raise two pieces of paper.
6. The first three students to raise correct papers get an extra point.
7. The person with the top score at the end of the game wins!
[INSERT TITLE HERE] 6Running head [INSERT TITLE HERE].docxdanielfoster65629
[INSERT TITLE HERE] 6
Running head: [INSERT TITLE HERE]
[INSERT TITLE HERE]
Student Name
Allied American University
Author Note
This paper was prepared for [INSERT COURSE NAME], [INSERT COURSE ASSIGNMENT] taught by [INSERT INSTRUCTOR’S NAME].
PART I: SHORT RESPONSE
Directions: Please respond to each of the following questions. Write at least 3 to 5 sentences for each question.
1. List and explain the four items under the umbrella of owner's equity, including whether it increases or decreases overall equity.
2. What is the fundamental accounting equation, including examples of each item of the equation?
3. Explain the separate entity concept, including why it is important to accounting.
PART II: APPLICATION
Directions: Please answer each of the following questions. Show your work as necessary.
1. T. Richtor established her own business, called Richtor's Self-Storage. Use the account headings presented below in the expanded accounting equation to record the monthly transactions.
Assets
=
Cash + Accounts Receivable + Supplies + Prepaid Insurance + Office Equipment
Liabilities
+
Owner's Equity
Accounts Payable
T. Richtor, Capital T. Richtor, Drawing + Revenue Expenses
a.
Deposited $12,000 in a bank account in the name of the business.
b.
Bought office equipment on account from Molly Company, $3,100.
c.
Paid rent for the month, $2,400.
d.
Bought supplies for cash, $450.
e.
Paid wages, $980.
f.
Received cash for storage services, $3,600.
g.
Received and paid the utility bill, $252.
h.
Paid Lar's Graphics for advertising, $428. (The bill was not previously recorded.)
i.
Paid for a one-year liability insurance policy, $835.
j.
Billed customers for storage services on account, $3,370.
k.
Received cash for storage services, $2,300.
l.
Paid wages, $990.
m.
Paid Molly Company $1,100 as partial payment on the office equipment bought in transaction b.
n.
Richter withdrew $1,200 for personal use.
Instructions:
1.
Record the transactions in columnar form, write plus and minus signs, and show the balance after each transaction to be sure that the equation remains in balance.
2.
Write the proof of totals at the bottom to show that one side of the equation equals the other side.
Assets
=
>
Accounts
Prepaid
Office
>
Cash
+
Receivable
+
Supplies
+
Insurance
+
Equipment
=
>
a.
>
b.
=
>
Bal.
=
>
c.
>
Bal.
=
>
d.
>
Bal.
=
>
e.
>
Bal.
=
>
f.
>
Bal.
=
>
g.
>
Bal.
=
>
h.
>
Bal.
=
>
i.
>
Bal.
=
>
j.
>
Bal.
=
>
k.
>
Bal.
=
>
l.
>
Bal.
=
>
m.
>
Bal.
=
>
n.
>
Bal.
=
>
<
Liabilities
+
Owner's Equity
<
Accounts
T. Richtor,
T. Richtor,
<
Payable
+
Capital
Drawing
+
Revenue
Expenses
<
a.
+
<
b.
<
Bal.
+
<
c.
<
Bal.
+
<
.
Website development company in delhi ncrCss Founder
Website Development Company is fastest growing company in the IT market for the website design and development. we are best website development company in India as well as in USA we are based in Noida and Delhi NCR. Website development company is powered by Css Founder.com
Tax Research Assignment 2Acct 6140 Students OnlyFall 2013You.docxssuserf9c51d
Tax Research Assignment 2
Acct 6140 Students Only
Fall 2013
Your assignment is to write a professional tax research memorandum that
addresses the issue shown below.
Mike is a salesperson who represents several companies. On
January 2, 2014, he receives by mail a commission check from
Produce Packaging Distributors, Inc. in the amount of $13,500 and
dated December 30, 2013. Mike is concerned about the year in
which the $13,500 is taxable. Although the check is dated 2013, he
contends that it would have been unreasonable for him to drive the
55 miles to the Produce Packaging offices on a holiday to collect the
check. Further, Mike maintains that even if he had made the trip to
collect the check, by the time he returned home, his bank would have
closed and he could not have received credit for the check until after
the first of the year.
In addition, Mike attended classes provided by his church in 2013.
He made payments to the church that were required to attend
classes. He plans to deduct the payments as charitable contributions
to his church on his 2013 tax return.
a. Mike would like you to determine whether he should include the
$13,500 commission income on his 2013 or 2014 tax return.
b. Mike would also like to know if he can deduct the payments to his
church as charitable contributions in 2013.
Tax Research Memo Format:
Title your memo either generally, e.g., Research Memorandum or more
specifically, e.g., name of the client and the specific tax situation at hand
Address your memo to the client file [include the standard Date, To, From,
and Re headings]
Organize the body of your memo using the following subheadings:
o Facts
o Issue(s)
o Conclusion(s)
o Analysis/Discussion
The Facts section should clearly and concisely summarize all relevant
facts that may affect the tax outcomes. In particular, include dollar
amounts, dates, and names of all parties to transactions.
The Issues section should include numbered issues if there is more than
one. Write each issue as a question. Include enough of the facts to give
context to the question. For example, How much, if any, of the $3,000
John Doe paid for attending a Real Estate conference cruise from Miami
to Galveston can he deduct as a business education expense? is better
than What are the tax consequences of these facts?
The Conclusion(s) should be numbered to correspond to the Issue(s).
State a definite conclusion, if possible, for each Issue. If a definite
conclusion is not possible, for example, because you are researching
alternative ways to plan a transaction, then state the conclusion that will
be appropriate IF each alternative is taken.
The Analysis/Discussion section should be organized to correspond to
each issue if there is more than one.
Each numbered subsection in the Analysis section should be organized as
follows:
o Summarize the relevant Code section. For example, if you are
analyzing a deductibility of a business expense, begin by
summarizing the rule in §162(a). Parap ...
Investment Risks of a Debt Ceiling CrisisInvestingTips
Because of recurrent budget deficits the US Treasury (which sells securities) needs permission to borrow as the debt limit is a set number. In 2023 that debt limit will soon be passed and Congress will need to raise the legal debt ceiling or risk having the United States of America go into default on its debts. At Profitable Investing Tips we are concerned about investment risks of a debt ceiling crisis which is currently brewing.
https://youtu.be/kcde-tST7S0
The IELTS Exam is a pivotal moment in your personal and/or professional life.
Use these 4 tips to get you started thinking about the exam if you have hesitated.
For others, use these recommendations as quick guidance if you are already signed up for the big test day.
Begin studying with zeal at least 3 months before you present the IELTS exam so you are more than ready.
If you need extra guidance, consider my FREE 7-Days IELTS Boot Camp, an email e-Course: http://www.businessenglishace.com/ielts-7-day-boot-camp-ecourse.
Good luck on your IELTS!
Fab 5 Do’s on Analytical Writing A GMAT® - The first part of the exam is the writing section. While some argue the AWA is not the most important part, a poor start in the first hour of the exam colors the rest of your experience on text day. So, in order to boost your entire exam performance, follow these Fab 5 Do's to improve your essay.
Erroneous English - Prepositions and NounsHilda E. Colby
Erroneous English - Prepositions and Nouns - Prepositions confuse many English learners and native speakers alike! Read on to discover how some prepositions "for", "due to," and "on" are used correctly with nouns. Don't use these prepositions incorrectly!
Business English Ace Vocabulary- Business AngelHilda E. Colby
Business English Ace Vocabulary-Business Angel - Have you sought financial help in your business? Check out what is a Business Angel and the example sentence to learn more!
Snackable Business English - ed/ing AdjectivesHilda E. Colby
Snackable Business English - ed/ing Adjectives - Enjoy this small bite of Business English. Learn the difference between adjectives that end in -ed and -ing.
Snackable Business English - Types of AdjectivesHilda E. Colby
The Snackable Business English Series provides quick but healthy bites for students to learn the essentials of Business English including vocabulary, grammar, and usage. Find out the five types of adjectives with examples for each!
Get your Snackable Business English each week in the Business English Ace Update Newsletter!
Confusing English Words - Even native English speakers confuse Lay vs Lie! Don't use these two words incorrectly again. Understand once and for all the difference between Lay and Lie!
English learners can boost their fluency by strengthening three main elements of English: 1) Collocations, 2) Idioms, and 3) Phrasal Verbs. Learn how English fluency impacts your success. Understand collocations, idioms, and phrasal verbs and how a greater knowledge of them increases your English fluency!
Writing is often neglected in Business English classes. Use these 7 Elements of Business Writing to communicate your message accurately and proficiently to both colleagues and clients. You can write effective business documents starting now!
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
7. acid test:
NOUN : current cash and “near” cash assets used to measure how much
and how quickly cash can be found if a company gets into trouble
a production of businessenglishace.com
8. acid test:
Example: Klum and Klaus Donuts, Co. failed the bank’s acid test and did not
get a loan.
a production of businessenglishace.com
10. book value:
NOUN : Used interchangeably with “net worth” and means the net
difference between the total assets and total liabilities of a company
a production of businessenglishace.com
11. book value:
Example: The top accountant presented the book value of the company to
the government regulators.
a production of businessenglishace.com
14. bridge loan:
NOUN : A short-term loan to cover the purchase or construction of an asset
until permanent financing can be secured
a production of businessenglishace.com
15. bridge loan:
NOUN : Buster McKinsey, a real estate maven, got a bridge loan to help
build Mykonos Tower I on Park Avenue.
a production of businessenglishace.com
17. collateral:
NOUN : An asset/security which is pledged and accepted by a bank to
support/secure a loan — (a collateral mortgage on a house)
a production of businessenglishace.com
18. collateral:
Example : Roberto used his house as collateral for the business loan.
a production of businessenglishace.com
24. double indemnity:
NOUN : A type of insurance that pays double the principal amount if loss
occurs due to certain specified causes (e.g., accidental death).
a production of businessenglishace.com
25. double indemnity:
NOUN : Roth and Baker Widgets, Co. got a double indemnity clause
inserted into their agreement with Banmoon Mansur Securities.
a production of businessenglishace.com
26. Thank you for joining me to learn another important
Business English Ace Vocabulary Word.
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27. Professor Colby, author of 150 Business English Ace
Vocabulary Words, has been helping students achieve
their English language goals for many years.
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