OC1409188

Using technology and productivity to increase productivity and reduce costs. Eliminating non-value added activities reduce costs and enhances quality o

Flexible budgets: budgets that show expected revenues and costs at a variety of different activity levels. Static (master) budgets: a budget based sole

Cost behavior: how a cost changes (increase, decrease, remain constant) relative to changes in some measure of activity (e. g. , the behavior of raw ma

Cost accumulation: measuring the cost of a particular object by combining many individual costs into a single total cost. Cost objects: items for which

Breakeven point: sales volume at which total revenue equals total cost; can be expressed in units or sales dollars: equation method. Profit (net income

Relevant information: decision-making information about costs, cost savings, or revenues that: (1) is future-oriented and (2) differs among the availab

Capital investments: purchases of operational assets involving a long-term commitment of funds that can be critically important to the company"s ultima

Sarbanes oxley act of 2002: internal control, ceo & cfo certifications, hotline for whistleblowing, code of ethics. Product cost inventory (balance she

Used in manufacturing process, future economic benefit, owned/controlled. Direct materials, direct labor, overhead (depreciation on manufacturing equip

Outsiders including investors, creditors, government agencies, analysts, and reporters. Economic and physical data as well as. Global information on th

Finance: the process of transferring money from savers to borrowers through financial markets/institutions. Identify the three main subject areas of fi

Financial managers: managing the working capital, estimating the seasonal funds need, financial planning and forecasting. For firms that operate at ful

Weighted average cost of capital (wacc) = wdrd*(1 t) + wprp + wcrs rd = interest rate on the firm"s new debt = before-tax component cost of debt. As we

So far, we"ve learned the basic principles of capital budgeting decisions (e. g. npv rule). However, in the real word, cash flow values are not just ha

Common stock: represents ownership, ownership implies control, stockholders elect directors, directors elect management, management"s goal: maximize th

Treasury (government) bonds: issued by the federal government. Municipal bonds(munis): issued by the state and local governments. Foreign bonds: issued

Risk: uncertainty about returns; the chance that some unfavorable event will occur. Investors like returns but dislike risk: the higher the risk, the h

Timeline: an important tool used in time value analysis; it is a graphical representation used to show the timing of cash flows. Future value (fv): the

Fina 2201 chapter 4: analysis of financial statements. Liquidity ratios: shows the firm"s ability to pay off debts that are maturing within a year. Ass

Physical/tangible/real asset markets: are for products such as wheat, autos, real estate, computers, and machinery. Financial asset markets: deal with

Finance: the process of transferring money from savers to borrowers through financial markets/institutions. Primary goal of management: maximize the we

N x = value s = population standard deviation: compute upper tail area, compute degrees of freedom: n - 1 x = value. Sample size n = z2 2 e2 n = sample

H: mu not equal . 20 (alternative) (put conditions to prove here) ex less than mu : graph. 1 tail if greater than equal to/less than equal to. 2 tail b

Statistics: the art and science of collecting, analyzing, presenting, and interpreting data. Data: the facts and figures collected, analyzed, and summa

Binomial x = # of success p(x|p,n)= n! Px (1-p)n-x p = probability of successes on trial x! (n-x) Random variable: a numerical description of the outco

Chapter 2: descriptive statistics: tabular and graphical presentations. Categorical data: labels or names used to identify categories of like items. Qu

Chapter 13: experimental design and analysis of variance. Dfe (down) level of significance k = number of groups (treatments) n= sample size. Factor: an

Total area under curve = 1: 68. 3% (+/-) 1 standard deviation, 95. 4% (+/-) 2 standard deviations, 99. 7% (+/-) 3 standard deviations. Probability dens

A brief, concise document that presents, and effectively sells, your. Clear, concise, and targeted to the type of job for which you are most relevant a