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Wealth is the Baggage. Sheldon Adelson: "I look at every business and ask, How long can this last? How can I identify the status quo and change it? Lord Beaverbrook: "Buy old masters. They fetch a better price than old mistresses.". Karl Albrecht: "Customer needs have an unsettling way of not staying satisfied for very long.". Dhirubhai Ambani: "Think big, think fast.". Francis Bacon: "Choose the life that is most useful, and habit will make it the most agreeable.". Philip Arthur Fisher: "The business 'g...

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Wealth is the Baggage. Sheldon Adelson: I look at every business and ask, How long can this last? How can I identify the status quo and change it? Lord Beaverbrook: Buy old masters. They fetch a better price than old mistresses.. Karl Albrecht: Customer needs have an unsettling way of not staying satisfied for very long.. Dhirubhai Ambani: Think big, think fast.. Francis Bacon: Choose the life that is most useful, and habit will make it the most agreeable.. Philip Arthur Fisher: The business 'g...
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BusinessAllStars Home | businessallstars.com Reviews

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Wealth is the Baggage. Sheldon Adelson: "I look at every business and ask, How long can this last? How can I identify the status quo and change it? Lord Beaverbrook: "Buy old masters. They fetch a better price than old mistresses.". Karl Albrecht: "Customer needs have an unsettling way of not staying satisfied for very long.". Dhirubhai Ambani: "Think big, think fast.". Francis Bacon: "Choose the life that is most useful, and habit will make it the most agreeable.". Philip Arthur Fisher: "The business 'g...

INTERNAL PAGES

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FRAMED Posting Entries #2

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FRAMED (Posting Entries #2). Enter amounts for each numbered transaction below in the correct line number and accounts above. 1 Acquired $2000 worth of inventory on account. 2 Borrowed $3000 from the bank on a short-term note. 3 Received $1000 from customers for current sales. 4 Delivered $500 worth of inventory to customers. 5 Sold customers $800 of inventory on account. 6 Delivered $400 worth of inventory to customers. 7 Purchased $500 worth of inventory for cash.

3

FRAMED Financial Statements #2

http://www.businessallstars.com/framed/financialstatements2.html

FRAMED (Financial Statements #2). Enter the answer to each question below based on the data above. What is the Gross Profit? What is the E.B.I.T? What is the Net Income? What is the Operating Cash Flow? What is the beginning cash and cash equivalents? What is the ending cash and cash equivalents? What is the change in cash and cash equivalents? What is the Investing Cash Flow? What is the Financing Cash Flow? What is the cash collections? What is the cash impact inventory purchases?

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FRAMED Posting Entries #1

http://www.businessallstars.com/framed/financialstatements1.html

FRAMED (Financial Statements #1). Enter the answer to each question below based on the data above. What is the Gross Profit? What is the Net Income? What is the beginning balance of Total Assets? What is the ending balance of Total Assets? What is the beginning balance of Net Fixed Assets? What is the ending balance of Net Fixed Assets? What is the beginning Current Assets total? What is the ending Current Liabilities total (include N/P)? What is the Operating Cash Flow? What is the Investing Cash Flow?

5

FRAMED Posting Entries #3

http://www.businessallstars.com/framed/posting3.html

FRAMED (Posting Entries #3). Enter amounts for each numbered transaction below in the correct line number and accounts above. 1 Repaid $500 of the Long-term debt. 2 Paid $50 interest expense on the debt. 3 Wrote-off $100 as Bad Debt Expense for uncollectible accounts receivable. 4 Purchased $5000 of equipment on a long-term contract. 5 Received $200 for the sale of old equipment that had cost $1000. Wrote-off $600 of related. 6 Received $2000 from customers for services performed.

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Wealth is the Baggage. Sheldon Adelson: "I look at every business and ask, How long can this last? How can I identify the status quo and change it? Lord Beaverbrook: "Buy old masters. They fetch a better price than old mistresses.". Karl Albrecht: "Customer needs have an unsettling way of not staying satisfied for very long.". Dhirubhai Ambani: "Think big, think fast.". Francis Bacon: "Choose the life that is most useful, and habit will make it the most agreeable.". Philip Arthur Fisher: "The business 'g...

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