For Business Economics and Finance - Assignment Example

Only on StudentShare

Extract of sample
For Business Economics and Finance

4). There are of course several accounting specialties and each of them is important in their own characteristics (Bonner et al. 2006). 2. Case of Halfords A. Identify the main accounting books that can be used by Halfords to records transactions. Halfords is a company that buys and sells bicycles. The main financial statements that can be used by organizations to record is financial condition, especially business organizations are the balance sheet, income statement, and the statement of cash flows (Stice et al. 2004). The balance sheet “reports, as of a certain point in time, the resources of a company (the assets), the obligations (the liabilities), and the net differences between its assets and liabilities, which represents the equity of its owners” (Stice et al. 2004, p. 10). The balance sheet addresses two fundaments information: what it owns and what it owes (Stice et al. 2004). The income statement “reports, for a certain interval, the net assets generated through business operations (revenues), the net assets consumed (expenses) and the difference, which is called net income” (Stice et al. 2004, p. 10). ...Show more

Summary

Finance and Accounting 1. What is the main purpose of accounting? The main purpose of accounting is “to provide information that can be used in making economic decisions” (Stice et al. 2004, p. 8). Its role is to service the needs of the organization by providing quantitative information (Stice et al…
Author : jaylan94
Assignment for Business Economics and Finance essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"Assignment for Business Economics and Finance"
with a personal 20% discount.
Grab the best paper

Related Essays

Assignment (Economics)
Industry when in the infant state is not capable of meeting head-on foreign competition; however, given the time it is capable to flourish and can compete with international players. Short term protection helps industry to develop its comparative advantage.
3 pages (750 words) Assignment
Business Finance Assignment
Most banks have cut down their lending rates by up to 25%, with some going as high as 30% against their former lending portfolios. For many banks, the prospect of dishonored loans has resulted in stringent tactics that are aimed at curbing this crisis and improving their lending services to the few who meet their requirements.
8 pages (2000 words) Assignment
Finance Assignment
These are interest rates, inflation rates, balance of payments deficit/surplus, exchange rate and growth rate. The demand and supply of money in the economy is controlled
6 pages (1500 words) Assignment
Introduction to Management -- Economics, Finance and Management
Besides on the other hand, the service provided by HBT Ltd tries to focus on their major corporate customers, this service provides their clients with the proper idea of the design that they are seeking with respect to their needs and the
4 pages (1000 words) Assignment
Introduction to Accounting and finance -- Economics, Finance and Management
There are many assumptions used while forecasting the cash flow position for Hide to Seek Ltd, the company has assumed its purchases, wages, interest on long term loan, heating and general expenses to remain constant throughout the 6 month period, while
4 pages (1000 words) Assignment
Finance assignment
ealth care." The lieutenant governor-elect, now says the team would retain many of the complex laws new programs and pursue the same goal -- health care for all. Key business leaders are now urging Weld to delay rather than kill the most bitterly opposed feature of the law, the
2 pages (500 words) Assignment
Economics Assignment
As a consequence of stock market crash, investors tend to miss out investment opportunities and as such leads to low investment. Stock trading is one way firms use to generate money
5 pages (1250 words) Assignment
Economics assignment
Conglomerate merger takes place when two or more business firms that produce less related products join. Some of the products produced by the joined firms could be similar while other
2 pages (500 words) Assignment
Economics assignment
ws a firm to acquire its target profits by charging different prices to its consumers without their knowledge because of the reduced level of transparency (p. 565). Loss-Leader Pricing Strategy: The strategy occurs whenever a firm imposes reduced prices on the goods of
1 pages (250 words) Assignment
Business and Finance Economics: (Economics of Money and Financial Markets)
ignificance of interest rate remains to be debatable concern as it directly impact long term rate and practical economic implication to determine behavior of an economic. The importance of short run interest rate is main determinant of saving and investment behavior of household
20 pages (5000 words) Assignment
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT