What role does a company’s strategic plan play in the process of financial management

[meteor_slideshow slideshow="slide1"]

Learning Activity #1

Part A

What role does a company’s strategic plan play in the process of financial management?  Does it ever make sense for a profitable company with positive cash flow to seek external financing? Why or why not?

Part B

Discuss the purpose of each of the following financial statements: income statement, balance sheet, statement of cash flow and statement of owner’s equity.

Identify five business questions that can be answered by using financial accounting information. For each question, indicate what financial statement (or statements) would be most helpful in answering the question, and why.

Learning Activity #2

There is a lot of information that students were exposed to over the past 8 weeks.   Using topics from various weeks, how are the topics interrelated and how has the course helped to promote connections to understanding the role of business in a global business environment?

Accounting is a systematic method for providing accurate information on business transactions, and is often referred as the “language of communication” in terms of the financial affairs of a business. Chapter 16 focuses on the importance of accounting and finance.

The primary objective of accounting is to report the financial position of the business, including profits, losses, assets, liabilities, and owner’s equity. Understanding the purpose and use of financial statements is essential for several reasons, including business decision making, tax, economic, and business performance.

One important financial statement is the balance sheet. The balance sheet is a snapshot of a company’s assets, liabilities, and equity, and is often used as a measurement tool by creditors to determine credit-worthiness and assurance that a company can repay a loan. Understanding the balance sheet, the sequence, and components is significant because it conveys the relationship between what the company owes and owns.

Further, the ability to analyze financial ratios such as liquidity, equity, and profitability ratios helps determine whether the company is managing its resources effectively. Financial ratios are also used to identify areas of a company’s financial strengths and weaknesses that when identified, a company can implement measures to avoid financial crises.

When a company’s revenue equals the total cost of making the product, the “break-even point” has been reached, which means zero profits are being generated. The break-even point is a conceptual model used to identify the financial structures of a project or product with the purpose of determining a time frame when sales will be reached, and in the alternative, the point when losses can be anticipated. The ability to calculate the break-even point is useful for determining the exact points the company or project will be profitable and allows for certain assumptions to be made so that the best pricing strategy can be created

[meteor_slideshow slideshow="slide3"]

Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.

[meteor_slideshow slideshow="slide2"]

Use the order calculator below and get ordering with idealtermpapers.com now! Contact our live support team for any assistance or inquiry.

[order_calculator]

Purchase Guarantee

Why ORDER at IdealTermPapers.com?

  • Educated and experienced writers.
  • Quality, Professionalism and experience.
  • Original Content writing.
  • Best customer support.
  • Affordable Pricing on orders.
  • Thorough research.
  • Ontime delivery of finished work.
  • 100% plagiarism free papers.

Reasonable Prices

  • To get the best quality papers isn’t cheap so don’t trust extremely low prices.
  • We can’t claim that we have unreasonably low prices because low prices equal to low quality.
  • Our prices are good and they balance with the quality of our work.
  • We have a Moneyback guarantee.

Original and Quality work

  • Our writers are professionals and they write your paper from scratch and we don’t encourage copy pasting.
  • All writers are assessed and they have to pass our standards for them to work with us.
  • Plagiarism is an offence and it’s never tolerated in our company.

Native Writers plus Researchers

  • Our writers are qualified and excellent and will guarantee the best performance in your order.
  • Our team has writers who have master's and PhD qualifications who can handle any assignment
  • We have the best standards in essay writing.

We have been in business for over 7 syears

  • We have always served our customers from all over the world and they have continued to order with us.
  • We value our customers since they have trusted us to do their assignments.
  • We are competent in our writing gained from experience over the years
  • Our company has 24/7 Live Support.

You will get

  •  Custom Admission Essay written by competent professional English writers.
  •  Free revisions according to our revision policy if required
  •  Paper format:  275 words per page, Times New Roman font and size 12, doublespaced text and1 inch margin
  •  On time delivery and direct order download
  •  Privacy guaranteed

We can help you:

  •  acquire a comprehensive professional presentation.
  •  get a unique and remarkable content as per your instructions.
  •  Get an additional portion that can be included to your existing presentation;
  •  turn your work in to an eyecatching presentation with well communicated ideas.
  •  improve your presentation to acquire the best professional standards.