RETAIL CAPITAL SMALL BUSINESS BAROMETER: SUMMER 2012
|
|
- Jeffrey Young
- 8 years ago
- Views:
Transcription
1 RETAIL CAPITAL SMALL BUSINESS BAROMETER: SUMMER 2012 HIGHLIGHTS: The Summer 2012 Retail Capital Small Business Barometer focused on small business owners within the hospitality sector and their experiences regarding access to working capital. 1. Almost half of the respondents that participated in the survey listed access to working capital as their biggest business challenge, followed by a lack of customers (15%). What was interesting to note was that the most common uses for a lump sum of working capital were opportunistic: 44% of those surveyed selected desire for expansion as a reason for expenditure of working capital, with 37% citing equipment and 37% renovation. Only 22% identified that they would utilise the lump sum for debt settlement. 2. Although banks and traditional financial institutions were found to be the preferred sources from which to obtain working capital, alternative funding providers (non-traditional loans) were reported to be the second choice. 11% preferred to obtain business loans from friends or family, and only 7% said that they would use their credit cards. 3. Three out of every 10 respondents were found to have previously had their application for a business loan declined by a bank, and only 39% of those applying for a bank loan rated their last experience as positive. The most common frustrations identified by business owners were lack of flexibility (59%), followed by the length of the application process (48%) and the poor approval rate (39%). 38% also said that they found the application process too complex, and as many as three out of every ten business owners were disappointed with the lack of personal service they received. 4. Although the main concern regarding non-traditional funding providers was the high repayment rates, only 23% believed that these alternative providers lacked credibility. However, when asked what was the most valued features of a business loan, a staggering 70% said flexible repayment terms, followed by no security required (41%) and quick turnaround time (38%). Only 35% listed the price as the greatest negative factor. 1 P a g e
2 PROFILING: Q: Where is your region of operation? Q. What is your type of establishment? 2 P a g e
3 WORKING CAPITAL ACCESS: Q. What are the biggest challenges facing your business? Q. What are the most likely expenditures for lump sum working capital? 3 P a g e
4 Q. What are your greatest frustrations when obtaining a loan from a bank? Q. What do you consider to be the most valued features of a finance product? 4 P a g e
5 Q. Are you aware that you can access business cash advances that offer flexible repayment terms and quick application processing, whereby your future card transactions are purchased for a discounted upfront advance today? 5 P a g e
6 ABOUT RETAIL CAPITAL: Retail Capital is an alternative funding provider that has introduced the Business Cash Advance product to the South African market, which was established in the United States over a decade ago. In simple terms, Retail Capital advances a lump sum of the business' future sales so the business effectively funds its own growth. Retail Capital takes an agreed proportion of all future card transaction settlements until the total value that has been purchased is reached. This innovative and flexible product is available to businesses that accept credit and debit cards as a form of payment, have a monthly card turnover of greater than R30,000 and that have been in operation longer than six months The main advantages of the product when compared to traditional funding sources are that no financial security or guarantees against business failure are required, and that the payover process is linked to turnover so the repayments are flexible. The application process is simple and comparatively quick- one and business owners can have access to the funds within ten days. 6 P a g e
The Bibby Barometer of Small business PAGE 1. Stress levels rise, but Australia s small business owners remain optimistic
The Bibby Barometer of Small Business Insight into the biggest concerns of small business owners SEPTEMBER 2011 highlights Business stress More than half of small business proprietors are more stressed
More informationAToM Debt Solutions. Full & Final Settlements. Call AToM Debt Solutions now on 0845 40 40 240 or visit www.atomltd.co.uk
AToM Debt Solutions Full & Final Settlements Call AToM Debt Solutions now on 0845 40 40 240 or visit www.atomltd.co.uk Debt Statistics Striking Numbers 1m every 8.5 mins Growth in UK debt 228m Daily increase
More information1. Applying Our application form is quick and easy to complete and as soon as we have it, we get in touch to discuss your options.
NEED A BUSINESS LOAN? R50 000 R1 500 000 Easy application process Pay-out in as little as three days The single biggest challenge facing small to medium enterprises in South Africa today is accessing the
More informationChapter 6. Time Value of Money Concepts. Simple Interest 6-1. Interest amount = P i n. Assume you invest $1,000 at 6% simple interest for 3 years.
6-1 Chapter 6 Time Value of Money Concepts 6-2 Time Value of Money Interest is the rent paid for the use of money over time. That s right! A dollar today is more valuable than a dollar to be received in
More informationBdC Corporate Credit Department Information Document. Introduction
BdC Corporate Credit Department Information Document Introduction The Banco di Caribe Corporate department aims to offer the best quality service and the most appropriate solutions to its customers whether
More informationThe Value of Money Over Time: Structured Settlements and How Other Financial Situations are Impacted by Time
The Value of Money Over Time: Structured Settlements and How Other Financial Situations are Impacted by Time Founded in 1988, Settlement Capital Corporation is credited with establishing the secondary
More informationKnow Before You Borrow. NerdWallet s guide to what you should know before applying for a small-business loan
Know Before You Borrow NerdWallet s guide to what you should know before applying for a small-business loan Contents 03 Chapter 1 Why do you need a small-business loan? 04 Chapter 2 What types of small-business
More informationGUIDE TO FULL AND FINAL SETTLEMENTS
GUIDE TO FULL AND FINAL SETTLEMENTS 2 Full and Final Settlement offers Fact Sheet A full a final settlement happens when you ask a creditor to let you pay off a lump sum, which is less than the full balance
More informationClick Here to Buy the Tutorial
FIN 534 Week 4 Quiz 3 (Str) Click Here to Buy the Tutorial http://www.tutorialoutlet.com/fin-534/fin-534-week-4-quiz-3- str/ For more course tutorials visit www.tutorialoutlet.com Which of the following
More informationIncisive Business Guide to Factoring
Incisive Guide to Factoring Factoring Guide Summary This guide from Incisive outlines the features and benefits for your business from using factoring and invoice discounting services. Factoring is commonly
More informationPersonal Loans. Everything you need to get you moving.
Personal Loans Everything you need to get you moving. Start with Suncorp Bank If you ve found something you love, and you just can t wait to make it yours, a Suncorp Bank Personal Loan can help. Whether
More informationInterest is only paid on the amount of the overdraft drawn down.
Overdraft By enabling you to overdraw from your cheque account, an overdraft is particularly useful at times when income is temporarily insufficient to meet payments that are due. Overdrafts do not require
More informationwww.mfactors.co.za FACTORING TRADE FINANCE BRIDGING FINANCE
www.mfactors.co.za FACTORING TRADE FINANCE BRIDGING FINANCE Who is Merchant Factors? Merchant Factors was founded in 1998 by our CEO, Johnny Philippou. It had become quite evident at the time that most
More informationChapter 18 Working Capital Management
Chapter 18 Working Capital Management Slide Contents Learning Objectives Principles Used in This Chapter 1. Working Capital Management and the Risk- Return Tradeoff 2. Working Capital Policy 3. Operating
More informationtutor2u Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005
Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005 Importance of Cash (1) A business can exist for a while without making profits but
More informationPaper FFM. Foundations in Financial Management FOUNDATIONS IN ACCOUNTANCY. Pilot Paper. The Association of Chartered Certified Accountants
FOUNDATIONS IN ACCOUNTANCY Foundations in Financial Management Pilot Paper Time allowed: 2 hours This paper is divided into two sections: Section A ALL TEN questions are compulsory and MUST be attempted
More informationBusiness Plan Reporting Requirements and s Manual - Financial Projection Analysis
Business Plan Reporting Requirements and s Manual KEY COMPONENTS - Financial projections Block A Table B7.2 - Cash flow projections Net cash flow from operating activities 1 Net cash flow from operating
More informationExercise 1 for Time Value of Money
Exercise 1 for Time Value of Money MULTIPLE CHOICE 1. Which of the following statements is CORRECT? a. A time line is not meaningful unless all cash flows occur annually. b. Time lines are useful for visualizing
More informationChapter The Time Value of Money
Chapter The Time Value of Money PPT 9-2 Chapter 9 - Outline Time Value of Money Future Value and Present Value Annuities Time-Value-of-Money Formulas Adjusting for Non-Annual Compounding Compound Interest
More informationChapter 8. Reporting and Analyzing Receivables
Chapter 8 Reporting and Analyzing Receivables Study Objective 1 - Identify the Different Types of Receivables The term receivables refers to amounts due from individuals and companies. Receivables are
More informationAToM Debt Solutions. Individual Voluntary Arrangements (IVA) Call AToM Debt Solutions now on 0845 40 40 240 or visit www.atomltd.co.
AToM Debt Solutions Individual Voluntary Arrangements (IVA) Call AToM Debt Solutions now on 0845 40 40 240 or visit www.atomltd.co.uk Debt Statistics Striking Numbers 1m every 8.5 mins Growth in UK debt
More informationSaga Equity Release Advice Guide
Your guide to Equity Release Expert advice with no obligation Your introduction to equity release Your retirement should give you the freedom to do all the things in life you haven t had time for. However,
More informationThe Nature, Elements and Importance of Working Capital
C. WORKING CAPITAL MANAGEMENT 1. The nature, elements and importance of working capital 2. Management of inventories, accounts receivable, accounts payable and cash 3. Determining working capital needs
More informationIntroducing equity release
Introducing equity release Equity release refers to a range of products that let your clients access the cash tied up in their homes. The equity release market has seen low interest rates, a rise in property
More informationCurrent Financial Structure
Chapter 7 Current Financial Structure A full set of tables is available in the Statistical Tables section. Please view Tables 18 to 26 in conjunction with this chapter. 7.1 Type and amount of outstanding
More informationGIVE YOURSELF CREDIT!
Growing Dollars and $ense Workshops GIVE YOURSELF CREDIT! Presented by The Coalition for Debtor Education This program is made possible by a grant from the FINRA Investor Education Foundation through Smart
More informationB. Bibby Barometer Small Business Survey findings:
A. Research structure: Q & A for Bibby Barometer findings 1. Who did the research? The Bibby Barometer Small Business Survey was conducted by Galaxy Research - a well-known Australian research company.
More informationAccess to Finance Guide: 1. Bank Finance Options
Access to Finance Guide: 1. Bank Finance Options Overdrafts An overdraft is a flexible way for you to manage short-term borrowing requirements. Business overdrafts are traditionally easy to arrange and
More informationThere s no such thing as a free lunch Why fees are the future for current accounts
www.pwc.co.uk/financial-services There s no such thing as a free lunch Why fees are the future for current accounts January 2015 Introduction PwC s research into what customers think about their bank suggests
More informationIs a Reverse Mortgage. the right answer for you or a loved one? Get the facts.
Is a Reverse Mortgage the right answer for you or a loved one? Get the facts. H ome is a special place. Whether it s been in your family for generations or you ve lived there only for a short time, you
More informationSCORE. Counselors to America s Small Business SMALL BUSINESS START-UP FINANCING OVERVIEW
SCORE Counselors to America s Small Business SMALL BUSINESS START-UP FINANCING OVERVIEW One key to a successful business start-up and expansion is your ability to obtain and secure appropriate financing.
More informationJones Sample Accounts Limited. Company Registration Number: 04544332 (England and Wales) Report of the Directors and Unaudited Financial Statements
Company Registration Number: 04544332 (England and Wales) Report of the Directors and Unaudited Financial Statements Period of accounts Start date: 1st June 2009 End date: 31st May 2010 Contents of the
More informationLOAN APPROVALS, REPAYMENTS AND HOUSING CREDIT GROWTH 1
LOAN APPROVALS, REPAYMENTS AND HOUSING CREDIT GROWTH Introduction The majority of household borrowing is for the purchase of existing or new housing. Developments in borrowing for housing are important
More informationB1.03: TERM ASSURANCE
B1.03: TERM ASSURANCE SYLLABUS Term assurance Increasing term assurance Decreasing term assurance Mortgage protection Renewable and convertible term assurance Pension term assurance Tax treatment Family
More informationAccounting Notes. Types (classifications) of Assets:
Types (classifications) of s: 1) Current s - short lived assets used in the operations of a business 2) Plant s - long lived tangible assets used in the operations of a business 3) Long Term Investment
More informationPRESENTS. Top 5 Financing Options for Auto Repair Shop Owners
PRESENTS Top 5 Financing Options for Auto Repair Shop Owners TABLE OF CONTENTS Financing Options for Auto Repair Shop Owners 3 Unsecured Business Loans 4 Equipment Leasing & Financing 5 Business Line of
More informationHome Loans made easy
Home Loans made easy Finding the information you need in this brochure 03 Your own Home Loan Specialist 04 Why Suncorp Bank 06 Home loan options explained 6 Variable Rate 8 Fixed Rate 8 Line of Credit
More informationResponses from The College of New Jersey
Discussion Points Responses from The College of New Jersey (Note: Questions 1 12 not applicable to individual institutions) Senior Public Institutions 13. On November 6, 2012, New Jersey voters approved
More informationHousing Affordability Report
Housing Affordability Report JUNE QUARTER Stable market but no reprieve for first home Housing affordability remained relatively steady in the June quarter of with the proportion of income required to
More informationIntroducing the NEW Online Insurance Calculators
Introducing the NEW Online Insurance Calculators www.bmoinsurance.com/advisor Making it easier to do business with us! INSURANCE S Accessing the Insurance Calculators From the Resource Center home page,
More informationCPA MOCK Evaluation End of Core 2 (combined Core 1 and Core 2) Page 1
CPA MOCK Evaluation End of Core 2 (combined Core 1 and Core 2) Page 1 Overview The Core 1 and 2 examinations are a mix of objective format and case questions. The maximum length for an individual case
More informationChapter 6 Contents. Principles Used in Chapter 6 Principle 1: Money Has a Time Value.
Chapter 6 The Time Value of Money: Annuities and Other Topics Chapter 6 Contents Learning Objectives 1. Distinguish between an ordinary annuity and an annuity due, and calculate present and future values
More informationUNDERSTANDING FINANCIAL STATEMENTS
UNDERSTANDING FINANCIAL STATEMENTS ITEM 8 It is important that the directors of any business, cooperative or otherwise, understand the financial statements of the business. Without a basic understanding
More informationCalculator Descriptions and Assumptions: Updated 18/10/2013. Basic Loan Repayments
Calculator Descriptions and Updated 18/10/2013 Basic Loan Repayments This calculator compares 4 different loan scenarios using the minimum required inputs. The end statement compares the least expensive
More informationAToM Debt Solutions. Debt Management. Call AToM Debt Solutions now on 0845 40 40 240 or visit www.atomltd.co.uk
AToM Debt Solutions Debt Management Call AToM Debt Solutions now on 0845 40 40 240 or visit www.atomltd.co.uk Debt Statistics Striking Numbers 1m every 8.5 mins Growth in UK debt 228m Daily increase in
More informationPayment Protection Insurance. Agent Training Guide
Payment Protection Insurance Agent Training Guide Introduction Genistar has joined forces with Highbridge to provide expert advice to your clients on their PPI claims. Highbridge is an international legal
More informationIn the chapters on Planning an SSI Unit and Business Plan, a discussion
chp-14.qxd 10/18/05 12:48 PM Page 145 CHAPTER 14 Working Capital Management In the chapters on Planning an SSI Unit and Business Plan, a discussion was made on the fixed capital and the working capital.
More informationFACTORING. Net Advantage of factoring = Rs.(2,15,753 2,00,000) = Rs.15,753 Decision: As there is net savings, factoring is preferable.
FACTORING Pen Pusher FACT1 A company is considering engaging a factor. The following information is available: a) The current average collection period for the company s debtor is 80 days. ½% of debtors
More informationGood News for Consumers! Instalment Finance under the National Credit Act (NCA)
Good News for Consumers! Instalment Finance under the National Credit Act (NCA) The National Credit Act:... 3 What you should know?...3 Will the NCA apply to me?...3 What is private leasing?...3 What are
More informationSTATES OF JERSEY PENSION INCREASE DEBT: OPTIONS FOR EARLY REPAYMENT STATES GREFFE
STATES OF JERSEY PENSION INCREASE DEBT: OPTIONS FOR EARLY REPAYMENT Presented to the States on 18th June 2013 by the Minister for Treasury and Resources STATES GREFFE 2013 Price code: B R.63 2 REPORT Background
More informationRenewing and Renegotiating Your Mortgage
ABCs of Mortgages Series Renewing and Renegotiating Your Mortgage Smart mortgage decisions start here Table of Contents Overview 1 The renewal process 2 Renegotiating your mortgage agreement: breaking
More informationOHIO SCHOOL FACILITIES COMMISSION FINANCIAL HARDSHIP LOAN PROGRAM GUIDELINES December 2003
OHIO SCHOOL FACILITIES COMMISSION FINANCIAL HARDSHIP LOAN PROGRAM GUIDELINES December 2003 Program Overview House Bill 94 of the 124 th General Assembly amended Section 3318.042 of the Ohio Revised Code
More informationEBS Commercial. A sensible approach to financing Commercial Property
EBS Commercial A sensible approach to financing Commercial Property building relationships At EBS Commercial we believe that our success is dependent on yours, so when you come to us for a loan, your priorities
More informationReport on Credit Card Statistics, 1 st Half of 2007
Research and Statistics Department Monetary Authority of Macao Since December 2006, the Monetary Authority of Macao has conducted the Credit Card Survey (CCS) on a regular basis in view of the growing
More informationIs a Cash Back Mortgage right for you?
Is a Cash Back Mortgage right for you? Conditions and Disclosure Details ERCU CASH BACK MORTGAGE OVERVIEW Eagle River Credit Union offers cash back ranging from 1% to 5% of the total mortgage loan amount
More informationReverse Mortgages. Presented by George Cooke, Realtor Coldwell Banker Seniors Real Estate Specialist (SRES) November 12, 2009
Reverse Mortgages Presented by George Cooke, Realtor Coldwell Banker Seniors Real Estate Specialist (SRES) November 12, 2009 Learn the ins and outs of Reverse Mortgages What to look for and what to avoid
More informationLIFE SETTLEMENT INFO KIT
How You Can Use A Life Insurance Policy To Fund Assisted Living And Senior Care Costs. LIFE SETTLEMENT INFO KIT Peace of Mind for You & Your Loved Ones Getting older should mean more time spent with your
More informationRenovating and Reselling
Renovating and Reselling North Metro Atlanta Contact: John Marion Mobile: 703 371 9548 Email: johnmarion.com@gmail.com Project Description Alpha Dog Investments is buying, renovating, and reselling single
More informationCurrent liabilities - Obligations that are due within one year. Obligations due beyond that period of time are classified as long-term liabilities.
Accounting Fundamentals Lesson 8 8.0 Liabilities Current liabilities - Obligations that are due within one year. Obligations due beyond that period of time are classified as long-term liabilities. Current
More informationDISBURSEMENT FUNDING
PRESENTATION TO:- The Society of Clinical Injury Lawyers DISBURSEMENT FUNDING Monday 25 th November Crowne Plaza, Birmingham Norman Kenvyn CEO Robert Norman COO VFS Legal:- a fresh approach and a unique
More informationSecured loans - A guide
Secured loans - A guide WHAT IS A SECURED LOAN? A secured loan is a loan in which the borrower pledges some asset such as a car or property as collateral for the loan, which then becomes a secured debt
More informationDASH ADVANCE PERSONAL LOAN PRODUCT TERMS
DASH ADVANCE PERSONAL LOAN PRODUCT TERMS 1. Applicable terms You must read this Dash Advance Personal Loan Product Terms together with our: Customer Terms Personal Loan/Personal Line of Credit/Overdraft
More informationUnderstanding Credit Reports
Understanding Credit Reports What is a Credit Report and Score? Your success in managing credit is reflected in your credit report and score. A credit report is a history of everything you are doing with
More informationAdjustable Rate Mortgage (ARM) a mortgage with a variable interest rate, which adjusts monthly, biannually or annually.
Glossary Adjustable Rate Mortgage (ARM) a mortgage with a variable interest rate, which adjusts monthly, biannually or annually. Amortization the way a loan is paid off over time in installments, detailing
More informationChapter 6. Learning Objectives Principles Used in This Chapter 1. Annuities 2. Perpetuities 3. Complex Cash Flow Streams
Chapter 6 Learning Objectives Principles Used in This Chapter 1. Annuities 2. Perpetuities 3. Complex Cash Flow Streams 1. Distinguish between an ordinary annuity and an annuity due, and calculate present
More informationYOUR NEW MOTORCYCLE. We ll help you find the right finance deal for you with a range of finance options from Black Horse.
YOUR NEW MOTORCYCLE We ll help you find the right finance deal for you with a range of finance options from Black Horse. Ride away on your new or used motorcycle with a finance arrangement that suits your
More informationmanaged loans FEES AND LIMITS
managed loans FEES AND LIMITS Effective November 2014 Fees and Limits New Zealand Home Loans is committed to helping you and your family become debt free, faster. To help you do this, New Zealand Home
More informationEquitable Bank Home Equity Line of Credit
Equitable Bank Home Equity Line of Credit Your guide on how to get the most from your combined mortgage and Home Equity Line of Credit Inside the Equitable Bank Home Equity Line of Credit Look forward
More informationRelease your equity tied up in your home Equity Release
Golden Age Equity brochure 14/8/07 14:58 Page 1 Because it,s your life Totally independent professional advice: Release your equity tied up in your home Equity Release Retirement planning Financial planning
More informationIT S MORTGAGE REVERSE A SIGN OF THE TIMES
IT S A SIGN OF THE TIMES REVERSE MORTGAGE UNLOCK THE EQUITY IN YOUR HOME If you want the financial freedom to spend your retirement how you choose, with independence and dignity, you should talk to us.
More informationTHE GUIDE TO KEEPING YOU AND YOUR BUSINESS COVERED
THE GUIDE TO KEEPING YOU AND YOUR BUSINESS COVERED New Zealand s leading life insurer Sovereign has been a part of New Zealanders lives since 1989, and today provides life and health insurance, home loan,
More informationThe Help to Buy equity loan scheme
Report by the Comptroller and Auditor General Department for Communities and Local Government The Help to Buy equity loan scheme HC 1099 SESSION 2013-14 6 MARCH 2014 4 Key facts The Help to Buy equity
More informationRatios and interpretation
Unit Ratios and interpretation As we learnt in our earlier studies, accounting information is used to answer two key questions about a business: Is it making a profit? Are its assets sufficient to meet
More informationChapter 019 Short-Term Finance and Planning
Multiple Choice Questions 1. The length of time between the acquisition of inventory and the collection of cash from receivables is called the: a. operating cycle. b. inventory period. c. accounts receivable
More informationTable of contents. Introduction to Small Business Cash Flow. Calculating your Company s Cash Flow. Timing your Cash Flow. Monitoring your Cash Flow
INTRODUCTION TO Table of contents Introduction to Small Business Cash Flow Calculating your Company s Cash Flow Timing your Cash Flow Monitoring your Cash Flow Meeting Cash Flow Challenges When and How
More informationRESOLUTION ON INTEREST POLICY FOR 2014
Pursuant to Article 32 of the Statute of Čačanska banka a.d. Čačak, at the proposal of the Board of Directors of 25.04.2014, the Shareholders Assembly at the 32 nd regular meeting held on 05.06.2014 passes
More informationEquity Release Guide. Helping you make the right decision. nationwide service all lenders available personal visits. www.therightequityrelease.co.
Equity Release Guide 0800 612 5749 www.therightequityrelease.co.uk Helping you make the right decision nationwide service all lenders available personal visits 1 Welcome to The Right Equity Release Who
More informationDebt Service Analysis: Can I Repay?
Purdue Extension Knowledge to Go Debt Service Analysis: Can I Repay? Low prices and incomes have made many farmers and their lenders concerned about the farmers ability to fulfill debt obligations. Lenders
More informationECONOMY PLUMBING AND HEATING LIMITED Financial Accounts 2015-03-31 REGISTERED NUMBER: 04760942 (England and Wales)
ECONOMY PLUMBING AND HEATING LIMITED Financial Accounts 2015-03-31 REGISTERED NUMBER: 04760942 (England and Wales) ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015 FOR ECONOMY PLUMBING AND
More informationMBAP 6061 Managerial Finance Exam 1 Thursday, September 30, 2010. Dr. William A. Dowling
MBAP 6061 Managerial Finance Exam 1 Thursday, September 30, 2010 Dr. William A. Dowling Name You are to provide answers to the following questions. 1. What advantages does the corporate form of organization
More informationnab s introducer program
contents the nab introducer program explained our relationship management proposition what our introducers and their clients want what you get what we can do documentation required your obligations professional
More informationCash in bank checking account $22,500 U.S. treasury bills 5,000 Cash on hand 1,350 Undeposited customer checks 1,840 Total $30,690 Requirement 2
Chapter 7 Solutions EXERCISES Exercise 7 2 Cash and cash equivalents includes: Cash in bank checking account $22,500 U.S. treasury bills 5,000 Cash on hand 1,350 Undeposited customer checks 1,840 Total
More informationReview for Exam 1. Instructions: Please read carefully
Review for Exam 1 Instructions: Please read carefully The exam will have 20 multiple choice questions and 4 work problems. Questions in the multiple choice section will be either concept or calculation
More informationWho Are The Parties Involved In Credit Card Processing?
Who Are The Parties Involved In Credit Card Processing? Often one of the hardest and most frustrating things that a business owner must encounter when starting and running a business is choosing the right
More informationImportant information:
SMSF insurance Important information: This document has been prepared by CommInsure, a registered business name of The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA).
More informationGwynedd Loan Fund Information Guidelines For Prospective Applicants
Gwynedd Loan Fund Information Guidelines For Prospective Applicants Application forms can be obtained by contacting the Gwynedd Council Business Support Team on 01286 679778 or by e-mail: business@gwynedd.gov.uk
More informationNew Zealand Home Loans Home Loan Agreement
New Zealand Home Lending Limited P O Box 2082 Wellington 6140 New Zealand www.nzhomeloans.co.nz/nzhltransact New Zealand Home Loans Home Loan Agreement Disclosure date: Date of loan agreement Borrower(s)
More informationSeptember 2015. Scenario 9 & 10. PIA comparison with Bankruptcy. Page 1 of 21
September 2015 Scenario 9 & 10 PIA comparison with Bankruptcy Page 1 of 21 The case studies contained within this publication are primarily designed to assist Personal Insolvency Practitioners (PIPs) prepare
More information9 TH ANNUAL GROWTH STRATEGIES SURVEY RESULTS MARCH 2015
9 TH ANNUAL GROWTH STRATEGIES SURVEY RESULTS MARCH 2015 Survey Population (Remained Constant) 300 Businesses in the Greater Philadelphia Area Over 100 Survey Respondents Annual Sales of up to $400 Million
More informationACC 255 FINAL EXAM REVIEW PACKET (NEW MATERIAL)
Page 1 ACC 255 FINAL EXAM REVIEW PACKET (NEW MATERIAL) Complete these sample exam problems/objective questions and check your answers with the solutions at the end of the review file and identify where
More informationLong-term sources - those repayable beyond 1 year. No guaranteed return, but potential is unlimited. High risks require a high rate of return.
Sources of Finance Ord Shares Total Finance Long Short Term Term Pref Shares Loans & Debens Bank O/D Leases Debt Factoring Long-term sources - those repayable beyond 1 year. Ordinary Shares The risk capital
More informationABOUT FINANCIAL RATIO ANALYSIS
ABOUT FINANCIAL RATIO ANALYSIS Over the years, a great many financial analysis techniques have developed. They illustrate the relationship between values drawn from the balance sheet and income statement
More informationFIXED INCOME. Consistent Revenue A WIDER VIEW TM
FIXED INCOME Consistent Revenue A WIDER VIEW TM It s time for A WIDER VIEW. TM It s the view that says stocks, bonds, mutual funds, annuities, life insurance, every type of investment has to make a contribution
More informationFacility Financing Overview Financing Challenges for New Charter Schools Securing a facility, obtaining start-up funding, acquiring the expertise necessary to run a charter school and student enrollment
More informationFinancial Planning 101 for Early Career Psychologists
Financial Planning 101 for Early Career Psychologists CHRISTOPHER W. LOFTIS Symposium Chair MARCOS SALAZAR Salaries & Debt load of Early Career Psychologists JACK MCKAY Strategies/recommendations for financial
More informationThe Credit Card Report May 4 The Credit Card Report May 4 Contents Visa makes no representations or warranties about the accuracy or suitability of the information or advice provided. You use the information
More informationPathways Shared Equity Loan
Department of Housing and Public Works Pathways Shared Equity Loan Become a home owner by purchasing a share of the property you are renting Questions and Answers Booklet Great state. Great opportunity.
More informationCPD Spotlight Quiz September 2012. Working Capital
CPD Spotlight Quiz September 2012 Working Capital 1 What is working capital? This is a topic that has been the subject of debate for many years and will, no doubt, continue to be so. One response to the
More informationFinancial Statement Ratio Analysis
Management Accounting 319 Financial Statement Ratio Analysis Financial statements as prepared by the accountant are documents containing much valuable information. Some of the information requires little
More information