Premium Essay

Wendell

In: Business and Management

Submitted By wendell34
Words 368
Pages 2
Activity 1 Structure of a Cash Flow Forecast
Income
This is the money that comes into the business from various sources, which would include: * capital from the owners * bank loan or mortgage * cash sales * credit sales : these customers would be classed as debtors as they owe the business money * Rent * Other Income- this could be, for example, a cash inflow from a certain sale or even an asset which could be a machine that no longer needed.
Payments
Payments are the money going out of the business for various reasons which might be: * Buying capital equipment * Purchases of stock * Cash purchases * Credit purchases- these suppliers are classed as trade creditors, because they have supplied goods or even a service which is on credit.
Activity 2
Timescale
The timing of cash inflows and outflows is important within the cashflow because at the end of the year the closing balance was negative but in January it was positive. This means that although the company’s cash flow was good from the start, they would had an overdraft in their bank or was unable to pay one of their expenses which would probably cause the company from operating for the following year. So basically the timescale would be showing how the progression of the business is flowing throughout each month and it would also help the business on improving in their expenditure as in where and how the business money is being spent.
Activity 3
Credit Periods
Credit Periods may have some influences on a business’s cash flow, the business may consider how long it gives customers to pay. If it accepts cash sales only then this might be a concern but it may have to offer credit in order to ensure a sale. The longer the credit period, the slower the income for the business. If a month is given for credit, an income would not be there for until the following month....

Similar Documents

Premium Essay

Wendell Berry - the Hurt Man

...The Hurt Man Life is full of loss and you cannot avoid experiencing it and well as sorrow. As people grow up they come to realize that the world is not as it seemed to be when they were younger. They get more independent and their perspective of life changes. They will have to realize that they are not going to live forever. In the short story The Hurt Man, written by Wendell Berry and published in 2003, we meet Mat who learns all of this. During the short story Mat is growing up. He is born unexpected but he is still very much appreciated. His parents watch him closely so he does not get hurt but this change as he becomes older. At the age of five, the household gets busier and Mat is now more independent. “[...] he was curious and active, when he would be out of their sight. He would stray off to where something was happening, to the farm buildings behind the house, to the blacksmith shop, to one of the saloons, to wherever the other boys were.” (ll. 31-34) This is a perfect example of a child’s natural and healthy development. In line with them getting older their curiosity and independence increase. They do more and more stuff on their own without their parents supervision. It can be extremely difficult for the parents to let go of their children but the importance of it is huge. The difficulty comes, amongst other things, with the world being filled with danger and threats. Mat’s mother, Nancy, is doing a good job even though she has experienced a mother’s......

Words: 777 - Pages: 4

Premium Essay

Renewing Husbandry Wendell Berry Summary

...In “Renewing Husbandry,” Wendell Berry argues against the industrialization of farming. He begins by explaining that it began with the invention of the tractor; when his farm first utilized the tractor he resented the mule plow that his father used. He saw the mule team as slow and ineffective, however, later he recognized their value in their slow caring pace of working the land, which he labels “husbandry.” He then claims that the economic growth of society has devalued farming and forced small farms to diminish while large farms flourish. He views that this shift of economic power creates a harmful blow to the quality of farming, he blames mechanization for the destruction of small farms. This ridicule of industrialized farming fails to understand that the renewal of husbandry begins with the individual. Berry believes that the mechanization of farming creates separation between the farmer and the land. Berry states, “Once one’s farm and one’s thoughts have been sufficiently mechanized, industrial agriculture’s focus on production, as opposed to...

Words: 751 - Pages: 4

Free Essay

Do Not Look

...Luis Ignacio Villamor 1A BSPS 1. The Monster Study was a stuttering experiment on 22 orphan children in Davenport, Iowa, in 1939 conducted by Wendell Johnson at the University of Iowa. Johnson chose one of his graduate students, Mary Tudor, to conduct the experiment and he supervised her research. After placing the children in control and experimental groups, Tudor gave positive speech therapy to half of the children, praising the fluency of their speech, and negative speech therapy to the other half, belittling the children for every speech imperfection and telling them they were stutterers. Many of the normal speaking orphan children who received negative therapy in the experiment suffered negative psychological effects and some retained speech problems during the course of their life. Dubbed “The Monster Study” by some of Johnson’s peers who were horrified that he would experiment on orphan children to prove a theory, the experiment was kept hidden for fear Johnson’s reputation would be tarnished in the wake of human experiments conducted by the Nazis during World War II. The University of Iowa publicly apologized for the Monster Study in 2001. In this case, special obligations in human subject research and openness is being violated since humans are being used in the experiment and its even kept a secret to the public which is inhuman since some experienced psychological problems. 2. While animal experimentation can be incredibly helpful in understanding man...

Words: 453 - Pages: 2

Free Essay

Frederick Douglass

...through the eyes of someone who lived and witnessed this time in history. Who wrote this book? When was it published? What is the book’s purpose? Who was supposed to read this book? This book was written by Frederick Douglass himself and it was published in 1845. The purpose of this book was to inform the readers about the horrors of slavery and the effects it had on the people. I also believe that since this book was written during the time of slavery, he wanted to persuade people against it. I believe he wished everyone, especially children during the time to read it to realize the horrors of such an institution. Who were William Lloyd Garrison and Wendell Phillips? What were their roles in book? William Lloyd Garrison is the Founder of the American Anti-Slavery Society, while Wendell Phillips s the president of the society. These men played roles in getting Frederick Douglass to publish his work and story about slavery. Mr. Garrison also hired Frederick for the cause of abolishing slavery. Briefly describe the author of this book – i.e., birth date and location, geographical movements, life when book was published. Based on the course/textbook, was he a typical slave? The author, Frederick Douglass, is said to be born around 1818, however the exact year is not known since slaves are not told their exact birth date. He is born into slavery on a farm in Talbot, Maryland and worked on farms there as well as in Baltimore. When he......

Words: 846 - Pages: 4

Premium Essay

Kevin Wendell Crumb

...In the movie Split it tells the story about a man named Kevin Wendell Crumb that has 23 personalities inside of him. Crumb has what is called Multiple Personality Disorder or DID. Multiple Personality Disorder or DID is a complex psychological condition that is likely caused by many factors, including severe trauma during early childhood. By having so much trauma in someone’s life it can cause a lack of connection in a person's thoughts, memories, feelings, actions, or sense of identity. This is what caused Kevin to be this way because he was brutally abused by his mother. Although, Kevin Wendell Crumb is actually not shown until the end of the movie all his personalities are shown throughout. The movie starts out with three girls, Claire, Marcia, and...

Words: 820 - Pages: 4

Premium Essay

Sherwin Nuland The Doctor's Plague

... The books The Doctor’s Plague by Sherwin Nuland and The Ghost Map by Steven Johnson both tell stories of devastating epidemics in an age before the advantages of modern medicine. Today, medicine seems very scientific – doctors test treatments, gather data, and run experiments before a new drug or treatment is deemed safe and effective enough for widespread use. Modern doctors train for years before they begin practicing and benefit from the vast body of medical knowledge collected over centuries of laborious study. Before we developed these scientific habits, however, medicine looked very different. Before the use of microscopes in medicine and the discovery of germs, many strange theories about the origins of disease flourished in the habitat created by a lack of and desire for understanding. Doctors proposed theories about miasma (‘bad air’ that carried disease), too-tight corsets, and the unfortunate illness-prone “constitutions” of poor people as explanations for the spread of disease before the actual nature of puerperal fever and cholera were understood (Nuland, 58). Miasma theory had an especially strong hold on the minds of the scientific community, and while not entirely untrue, it was not applicable in the cases of puerperal fever and cholera (Johnson, 113). The prevalence of miasma theory made it difficult for doctors – especially with the lack of scientific knowledge, procedure, and tools needed to properly test medical theories – to meaningfully oppose the...

Words: 1408 - Pages: 6

Premium Essay

The Doctors Plague Summary

...“The Doctors plague: Germs, Childbed Fever, and the Strange Story of Ignac Semmelweis” is a 203 page history and fiction book that covers the related topics of medical history, biology, arrogance and scientific discovery. It was written by Sherwin B. Nuland and Published by W. W. Norton & Company in 2004. Sherwin B. Nuland, or shall we say, Dr. Nuland is among other things a “…Clinical Professor of Surgery at Yale University School of Medicine and a Fellow at Yale's Institute for Social and Policy Studies. He is the author of over ten books, including…. HOW WE DIE: Reflections on Life's Final Chapter. In addition he is a contributor to leading publications including the New Yorker, the New Republic, and the New York Review of Books.” (Gellene, 2014) Despite Nuland’s many accomplishments as an author, it is his background in medicine that helps lend to the genuinely descriptive, yet straightforward writing style he takes in his book “The Doctors Plague”. Upon opening the book readers are greeted with and epigraph that’s words are borrowed from a predecessor of Nulands, Charles Delucena Meigs, Professor of midwifery and the diseases of women and children, Jefferson Medical College, In one quote the epigraph hints at the severity and hopelessness that doctors and patients alike faced when dealing with puerperal fever. Sufficiently intrigued, but without knowing anything but the name of the monster, Chapter 1 describes in detail the symptoms; the way puerperal fever destroys......

Words: 1270 - Pages: 6

Premium Essay

Wendell Minor Heart Land Analysis

...When visiting the Mazza Museum one work of art caught my eye, and when I saw it knew that it would be the piece that I used for this paper. The piece of art was painted by Wendell Minor and is titled Heartland. This work of art is found in the children’s book Heartland written by Diane Siebert. This piece was created in 1988, and uses acrylic paints. Heartland is placed in the Ohio History section of the museum and caught my eye because it reminded me of my childhood. I really appreciated the way this painting depicted a typical American farming property because I grew up on a farm, and it will always be a huge part of my life. The first element of art that I found to be relevant in this painting is the artist’s use of color. Minor uses color to show us the time of day in the painting through the different colors in the sky, showing a beautiful sunset full with shades of orange, yellow, red, and purple. The artist also shows the viewer that the painting takes place during the summer time by the full colored green trees, and the dried out green color of grass that has been kissed by the...

Words: 823 - Pages: 4

Premium Essay

Art Appreciation

...Kayla Demel Art Appreciation 103 Online 04/1915 Comparison of Wendell Castle’s Cavalcade and Harry Bertoia’s Sounding Sculpture Comparison of Wendell Castle’s Cavalcade and Harry Bertoia’s Sounding Sculpture The artwork Cavalcade by Wendell Castle compared with Harry Bertoia’s sounding sculpture were designed for different purposes but both use elements of art to emphasis the meanings of each. I found these sculptures at the Wichita Art Museum. I selected these two because I found sculptures very interesting. The Cavalcade was made by grouping different shapes together to defy gravity and it grabbed my attention because it did not look correct because the ball was off certain and shouldn’t have been stable. The Sounding sculpture grabbed my attention because it was made to make music by many different bars hitting each other. The Cavalcade sculpture made by Wendell Castle is mahogany, lacewood, poplar, cooper, and gold leaf. The dimensions are 53 ½ by 21 ¼ by 17 1/2. This was made in 1989. There are many different shapes that has it owns color and identity. It wasn’t supposed to be symmetric because it makes a unique attack on gravity. The base of this piece is a blue green color and then a black longer piece that looks like it could be a vase is on top of that. The long black piece is not straight up it is slightly leaning to the left. Then there is a gold platter looking shape that is holding a ball off-center. I think that the artist is trying to......

Words: 668 - Pages: 3

Premium Essay

Who Is Marcelo In The Real World

...He pretends to be Marcelo's friend and will tell Arturo good things about his son, which means that Marcelo can go back to Paterson in the fall and get out of his way. All he wants in return is for Marcelo to do all his work for him, and lure Jasmine onto the yacht so he can put the moves on her. Marcelo eventually refuses. Marcelo's been at the law firm just long enough to become friends with Jasmine, who turns out to be a very smart, music-loving, kindred spirit, when Wendell goes to Arturo and tells him He wants Marcelo to work with him on the Vidromek case. Vidromek is Sandoval and Holmes's biggest client, so Arturo's totally excited. Marcelo really wants nothing to do with it.Marcelo grudgingly gets to work organizing the Vidromek files. He's doing what he was told, tossing duplicates in the trash, when he realizes that one of the things he's thrown away is a picture of a severely deformed girl. Her face has been ripped halfway off by shattered glass. Also Vidromek makes windshields that were supposed to shatter into harmless pieces on impact.Marcelo suddenly comprehends suffering in a way he never has before. Sure, he's known disabled kids at Paterson and dying kids at the hospital where his mother, Aurora...

Words: 769 - Pages: 4

Premium Essay

Spoon River Anthology Analysis

...In Spoon River Anthology written by Edgar Lee Masters he creates many themes on being peace through death some examples of this theme are these following epitaphs; Wendell P. Bloyd, Fiddler Jones, Washington McNeely. You might ask how do these epitaphs relate to peace through death, Bloyd examines death after life as a why of god’s punishment. Jones ended his life with happiness even though he didn’t accomplish much, just forty acres and a broken fiddle. McNeely wanted success for his children but instead got failure but it all didn’t matter when he finally died. In this essay there will be ideas relating to the theme peace through death. Wendell P. Bloyd is a character that has been treated unfairly through life and as he reviews it in death we can see what he thought was wrong, one of those things was god. You could say he’s being too critical, to mean, and maybe even a little atheist, he said these things for he thought god put him on earth to be a fool, and always be fool. Bloyd was even ironically beaten to death by a catholic guard. He said “Where he was beaten to death by a catholic guard. My offense was this: I said god lied to Adam and destined him to lead a life of a fool,...” Wendell is a perfect example to idea of peace through death,...

Words: 574 - Pages: 3

Premium Essay

Metaphysical Club Analysis

...His first chapter, “The Politics of Slavery”, contains the writings of Oliver Wendell Holmes Jr., revolving around Holmes’ experience with racial prejudice as a white man. Holmes believed in equality, which developed his central argument that the misallocation of black individual’s rights should be not be allowed. Being a strong abolitionist, he did not agree with the Fugitive Slave Act. It declared that all escaped slaves must return to their masters, taking away the “good life” and personal rights of escaped slaves. William Lloyd Garrison, a renowned journalist and social reformer, took part in a peaceful protest of the Fugitive Slave Act by writing in his newspaper The Liberator, demanding the immediate emancipation of all slaves (Menand 11). His non-violent retaliation caught the attention of...

Words: 1218 - Pages: 5

Free Essay

Bitstream

...BITSTREAM Background of Company: Bit stream is a $30 million company, founded in 1981. The sales were from Retail and OEM. The new president Mr. Jim Sole found opportunity in network print manager. To manage the new business a new person is to be hired. Problems in the Case: The main problem in the case is selection of suitable candidate for the post generated due to new opportunity found in Network printing business. There are four suitable candidates who applied for the post. Analysis and probable solutions: Criteria and Requirement: The new president Mr. Jim Sole found some challenges when he joined Bit stream. Some of them were top heavy structure, lot of dimensions in the organization etc. Jim sole cleared all these issues very intelligently. He started a team building process and the task and targets of the company were made clear to everybody. According to Jim, he wanted the person who is able to take decisions and manage the people. Though Jim himself was in favour of selecting from his lot of people, but for the new venture in network printing, he thought that a person, who has some prior experience in the similar fields like VAR and network printing, would be more suitable. The key was to get the right brain at right place and matching personal goals with the job requirements that will make better chances of success. According to Sole, a person with positive attitude, intellectual curiosity, variety of experience, flexible,......

Words: 696 - Pages: 3

Free Essay

The Hurt Man

...The Hurt Man The short story ”The Hurt Man” is written by Wendell Barry back in 2003 and features the 5-year old Mat Feltner, who lives with his parents in the tough environment of a small American town called Port William in the late 1880’s. The story deals with a number of essential themes such as loss, love and the transition from childhood to growing up and becoming aware of the world that surrounds you. Simultaneously, the story deals with themes that are more closely related to the particular time and environment such as for instance the sex roles and the widespread violence of that time. The narrative voice is a third person narrator whose omniscience is restricted to Mat’s. The noteworthy thing about the narrator’s role is the retrospective light in which the story is told. The narrator is looking back on the events and is thereby able to let the reader in on things that have yet not occurred. An example is when Mat’s coming wife Margaret, who Mat finds no interest in at this point, is introduced: “she would begin to matter to him a great deal in a dozen of years, and after that she would matter to him all his life”. The fact that the narrator is able to give away this kind of inside knowledge lets the reader reflect upon the current events in the light of future events and thereby reach a greater understanding of that which takes place in the story. The setting of the story plays a decisive role as well. As stated initially, Mat grows up in a tough setting where......

Words: 1269 - Pages: 6

Premium Essay

Freedom: the Power of Choice

...Courtney Sansone Sansone 1 English 101 5 September 2014 Freedom: The Power of Choice Freedom is the power to make decisions based on your own life and given the unalienable rights to do so. Every man born in America is endowed with certain rights and justices that consider them free. They are all born with the right to life, liberty, and the pursuit of happiness. To be free does not mean a person can do whatever they please; there are laws that must be followed for everyone to be treated equal. As soon as someone’s freedom starts to interfere with another person’s that is when it becomes injustice and there may be legal actions taken against the rights of the wrong doer. A Supreme Court Representative in 1902, Oliver Wendell Holmes Jr., made the statement, “The right to swing my fist ends where the other man’s nose begins.” America is supposedly the country for freedom and equality because in other countries the people are not given nearly the same amount of rights. America is also the only country that allows immigrants to migrate to our country and allow them to become a legal citizen. Freedom is allowing any human being the same rights as another no matter the difference in race, gender, ethnicity, religion, or whatever it may be. Many men and women fought hard throughout their whole lives to ensure that people of a different race would be given the same freedom as a white man. Martin Luther King Jr. in the most well known advocate for freedom......

Words: 835 - Pages: 4