Factors Influencing The Sources Of Finance - 4062 Words

FINANCE IN HOSPITALITY TABLE OF CONTENTS Introduction Task-1 Sources of Finance in Business Factors influencing the sources of finance being chosen by a business. Costs involved in sourcing of finance to fund any business and services and recording them in financial statement. Advantages and disadvantages of internal generated income with external sources of finance. Task-2 2.1 Discuss the cost card for the bike, ?Mount movers? and determine the least amount in $ to be accepted from a customer for a unit of this product. 2.2. Calculate the total profit and the sales value for 200 units of a bike, assuming the Iron Breakers Ltd has 25% mark-up policy. 2.3. Evaluate methods of controlling stock and cash in a business and services environment and prepare a bank reconciliation based on the above information as well as making any necessary corrections to the bank. 2.4. Advise ?Sweet hands? Ltd on the optimum z` (EOQ) of inventory needed to be ordered in order to maximise profit. Task 3 3.1. Assess the source and structure of the trial balance and state the process for constructing a trial balance. 3.2 Prepare Income statement (Profit and Loss Accounts) for the year ended 31 March 2015 and Statement of financial position (Balance sheet) of Flying Flowers Ltd as at 31 March 2015 from its trial balance and the adjustments.` 3.3 Explain the importance of a cash budget to Life 4 Living Plc management. 3.4 Prepare a cash budget and adviceShow MoreRelatedLabia Essay931 Words   |  4 PagesIsland 43.6 Source: Central Bank of Sri Lanka (2015), Consumer Finances Socio – Economic Survey. Figure: 1.1, Distribution of Households who own Bicycle for Transport (%) by District Source: Household Income and Expenditure Survey – 2009/10, Department of census and Statistics Ministry of Finance and Planning Sri Lanka. Almost all the households in the study area own at least one bicycle, which is an important means of transport. Bicycles are used as a main mode and entertainment source for a majorityRead MoreFactors Influencing Individual Investor Behavior1439 Words   |  6 PagesFactors Influencing Individual Investor Behavior: An Empirical study of the KSA Financial Market research Contents TITLE PAGE NO 1. ABSTRACT 3 2.INTRODUCTION 2.1 Background to the Study 2.2 Statement of The Problem - Specific Objectives of the study - Research Questions 2.3 The scope of the study 2.4 The Relevance of the study 4 5 6 6 7 7 3. LITERATURE REVIEW 8 4. THE RESEARCH DESIGN a. Type of study b. the Model equation c. Hypothesis d. Data collection methods c. The sapling designRead MoreDeveloping Process Of A Business Plan And Entrepreneurial Finance953 Words   |  4 Pagesa business plan and entrepreneurial finance, which is a key aspect for SMEs to operate successfully. Personal experiences and group behavior are blended into theoretical approaches to critically evaluate various financial aspects. Christopher Johns’ Model of Reflection is adopted in financial part of this essay where individual reflection is portrayed. Figure 1 provides an overview of this model as five cue elements: description; reflection; influencing factors; evaluation; and learning. Figure 1:Read MoreOperating Lease Financing And Financial Performance Of State Owned Sugar Companies Essay973 Words   |  4 PagesThis study analyses the effect of operating lease finance on financial performance of state owned sugar firms in Kenya. The study used the retrospective research design in collection of data. A target population of all the four state owned sugar firms was considered in the study for the period 2004-2014. The firms included Muhoroni Sugar Company, Chemilil Sugar Company, Nzoia Sugar Company and Sony Sugar Company. Secondary data was the main source of data obtained from financial statements and annualRead MoreSole Trader Essay1513 Words   |  7 Pagesconfusion as everything would go by the way the individual wants the business to be. It is also a big responsibility as there would be a need to have a high-level of personal interest and if the individual does not show this, then it could be a big factor as to why the business could go bust. Partnership A partnership is a type of business organisation which is owned and managed by two or more people, usually not any more then 20 people. The key feature of this type of business is that ofRead MoreUnit 13: Conference and Banqueting Management770 Words   |  4 PagesUNIT 13: CONFERENCE AND BANQUETING MANAGEMENT Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the nature of the conference and banqueting sector and the factors influencing its development Diversity of venues: venues eg conference centres, specific conference and banqueting facilities within hotels, multi-functional leisure centres Nature of the industry: size and worth of the industry; types of event Development of the industry: socio-cultural; economic; political;Read MoreA Country s Political And Financial Risk1201 Words   |  5 Pagess  ability  to reimburse its dues. Even if a country s economy is strong, if the political climate is unstable or unreliable to outside investors, the country where the investment is taking place may not be a good place for investment. Political factors go hand in hand with national administration a political parties altogether. International bodies such as European union and World trade organizations. In order to influence industrial sector, United states government promotes motor vehicles underRead MoreAccounting Systems At The International Level1387 Words   |  6 Pagesinstitutional factors. In essence, although the discipline is currently harmonized across different nations, accounting systems have been influenced by different national traits, a factor that also influenced the differences in accounting systems at the international level. In general, the accounting systems in use in different countries have developed as a result of different influential factors in each jurisdiction. Regardless of the jurisdiction, however, a number of key factors are generallyRead MoreWhy Is Asset Valuation Important? An Investment Decision? Describe And Compare Major Techniques For Valuing Bonds And1665 Words   |  7 Page svaluing bonds and shares. Asset valuation is an integral part of finance management where the valuation process will support the decision making process regarding merger and acquisition related decisions, capital budgeting process and investment analysis. Asset valuation is the process to determine the correct worth of any asset where the risk and return are the important factor to assess the worth. Gitman (2010) stated that the input factor to determine asset valuation are the investor’s required rateRead MoreSelecting The Appropriate Kind Of Finance For A New Venture1166 Words   |  5 PagesFigure 4: Selecting the Appropriate Sort of Finance for a New Venture Source: Paul Burns, 2014 3.4 Human Capital It is universally accepted that human capital is of vital importance in any discipline of business. Knowledge and experience can be an invaluable source of business idea and they relate to the knowledge motives for internationalization. Education and training can alert people to the problems and deliver the skills to overcome those (Paul Burns, 2014). That is why the founder of Lush