Mutual Fund Expense Ratio Example
Naturally the employee s injury automatically qualified the employee for a sick leave with pay. In addition the employer immediately presumes the employee s lengthy absence (about a week or two) because of the time required for complete healing and recovery. Another situation where an employee had to end his shift early usually involves someone closely related to him or her either by blood or by friendship. The emergency leave s purpose was to give ample time for the employee to go home straight or to quickly travel to the hospital where she was urgently needed by her child her spouse or her dearest friend.
Also how do you intend to handle depreciation and amortization since these are non-cash items that are typically added back to the income statement entries when determining the cash effect. Also how long is your investment horizon? Is it really that important to you to project out to 30 years or is 3-5 years sufficient along with a terminal value that represents the expected NPV beyond 5 years? Usually this latter approach works best and looks the most credible to potential investors. There are numerous ways to calculate terminal value including multiples current market values projected forward and round guesstimates. Obviously these decisions are affected by your personal preference and the type of investment for which you re calculating present value.
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At some stage these prime bookkeeping documents need to be processed. Processing the financial documents related to a business enterprise basically means they need to be listed. For taxation and financial control purposes the invoices also need to be added up and analyzed. The most basic method would be to simply make a list of the sales income and a second list of the purchase expenses. Using a manual method of listing the information falls short of the analysis required and is more time consuming that using a little technology to both ensure the summation is accurate and the analysis simplified.
Unfortunately manual insertions led to cheating tricks which involved clocking into work by proxy. In this case an individual would ask a co-worker to insert their cards one after the other into the time clock. Thus it would look like the first employee also clocked in early but in truth it was almost ten o clock when he sat down at his desk. However the recent developments in computer technology have turned this "cheat" and others like it into a relic of the analog-dependent past. Now there s a more reliable method in managing the monthly payroll that s free from overt manipulation of actual hours worked.