Lanari

ANA - Nursing is the protection, promotion, and optimization of health and abilities, prevention of illness and injury, alleviation of suffering through the diagnosis and treatment of human response, and advocacy in the care of individuals, families, communities, and populations. Role of Christianity in Nursing - Nursing is set up to provide Christ like Love to patients by caring for them. Can be a ministry. Role of Women in Nursing - Traditional women's roles in history influenced the dev...

agency problem - when the agency (management) doesn't act in the best interests of the principal (owners) APR - Annual percentage rate; the annual rate of interest that is charged for using credit coincident economic indicators - indicators that show the current state of the economy, used jointly with leading and lagging indicators compound interest - total interest = principal times (1+interest rate)^# of periods - principal examples of coincident economic indicators - GDP, personal inco...

In which way is accounting different from finance? Accounting is about budgeting, saving, and borrowing, while finance is about investing, forecasting, and lending. Accounting is focused on allocating capital, while finance is focused on bringing in capital. Accounting is backward looking, while finance is focused on the future. Accounting forecasts future performance, given the past, while finance records past performance. Accounting is backward looking, while finance is focused on the fu...

In which way is accounting different from finance? Accounting is backward looking, while finance is focused on the future. What is the main question that both individuals and companies must consider when making financial decisions to reach a goal? Will the benefits of the action outweigh the costs? A financial manager at a company is trying to determine whether to issue new stocks or new bonds to cover the costs of a project the company is doing the next year. Which main task in business ...

In which way is accounting different from finance? Accounting is backward looking, while finance is focused on the future. What is the main question that both individuals and companies must consider when making financial decisions to reach a goal? Will the benefits of the action outweigh the costs? A financial manager at a company is trying to determine whether to issue new stocks or new bonds to cover the costs of a project the company is doing the next year. Which main task in business ...

A company calculated variances of a budget and actual cash flows that indicate the firm's strengths and weaknesses in cash flows and its budgeting process. Which major use of cash budgeting is this an example of? - Performance evaluation A company currently has a ratio of 1.5 but hopes to improve the ratio to 2 to align more with the industry benchmark. To achieve this goal, costs were cut in production through an investment in efficient equipment, and the company achieved a higher profit ...

4 Reasons Ratios are Useful - 1 - Standardization 2 - Flexibility 3 - Focus 4 - Evaluation Benchmarking - The process of completing a financial analysis and comparing a firm's performance to that of other similar firms. Trend Analysis - Comparing a firm's ratios across time Cross-Sectional Analysis - Compares a firm's financial ratios to other firms' ratios or industry averages Seasonal Firms - Firms whose performance varies according to the season. Which statement below is an exam...

A company currently has a ratio of 1.5 but hopes to improve the ratio to 2 to align more with the industry benchmark. To achieve this goal, costs were cut in production through an investment in efficient equipment, and the company achieved a higher profit margin. If this continues, you are certain that the firm will achieve its goal in two years. What is this an example of? - Progress measurement A company that produces soap, shampoo, lotion, and other personal care products has recently tak...

DuPont Dairy Farm - * ROA > Loan interest rates is competitive * ROA = Net Income / Total Assets * Leverage Multiplier = Total Assets / Owner Equity * Taking on additional loans would change Total Assets but keep Owner Equity same -- Allows expansion DuPont Decomposition Components - * Net Profit Margin * Total Asset Turnover * Leverage Multiplier DuPont Equation - * Return on Equity is a function of: -- Operating efficiency -- Asset efficiency -- Financing policy * Decomposition ...

A company is trying to finance a project with a mortgage loan from a bank. The company's assessment of the project indicates that the company may experience several years of loss until the project becomes profitable. This means that the company might lose its ability to pay back the loan and the interest on the mortgage. What action might the bank take to protect its interest? -Let the company manipulate accounting procedures. -Set a strict covenant that the company cannot easily achieve. ...