Business memorandum Assignment Example | Topics and Well Written Essays - 250 words

Business memorandum - Assignment Example 99). Therefore, Case 1 tries to evaluate the results of lowering credit sales from 75% of total sales to 60% with 20% of next months projected cost of goods sold being inventory at the end of each preceding month. Moreover cash payments during the same month are put at a modest 20% of total purchases. Consequently, these changes amount to various adjustments; the cash receipts budget records a positive inflation to $2,769,808 from $2,734,060. Moreover, summary cash budget also records a significant rise to $738,578 from $51,908. Case 2 evaluates the effect of a rise in credit sales collected during the month of sale from 10% to 15%, and also the effect of raising a month’s payment purchases from 40% to 50% within the month of purchase. This then results in an increase of the cash receipts budget from $2,734,060 till $2,769,808 while showing a drop in the cash budget to $46,102 from $51,908. The final case, Case 3, tries to simulate the possible result of a drop in requirements of equipment purchases from $250,000 down to $100,000. This alteration affects only the summary cash budget which inflates to the $205,658 mark. The first thing that the management should think of is ways of decreasing cost so as to maximize on profits and overall revenue. This can be attained through plummeting credit sales and also minimizing expenditure on the purchase of equipment. By doing this, the overall operating costs will reducing meaning that there will be more capital to be invested back into the business consequently leading to increased growth (Blais 2011, p.

Final paper Essay Example | Topics and Well Written Essays - 250 words - 2

Final paper - Essay Example In our own argument we thought that was not well since beef is a delicious meal. However, after a reading in class, we realized the concept and notion of cultural relativism which stipulates that each and every culture is unique in its own way and there is no absolute or universal culture in the world.in brief the conversation in rhetoric form was as follows. The next day, we resumed the discussion about other cultures in other countries and realized that somewhat our culture was superior in way. This was so because the things that we do in our cultures we perceive them to be the best and highest in the society. However, the reading we did in class that previous week dispelled our notion and opinion which stipulated that we were ethnocentric. The term ethnocentrism in the simplest and most basic sense refers to the instance and situation whereby an individual elevates his or her own culture over and above the cultures of other people (Perne 23). For instance, when a person believes that the things that happen in his or her life are the best and others are inferior constitutes ethnocentrism. In rhetoric