Financial Decisions 3: The Manufacturer
20 mins, 2010 Blakeway boss Stephen Maynard is fighting for profits in the highly competitive world of printed circuit board manufacturing. Dramatised scenarios illustrate the company’s problems – the viewer is invited to consider solutions. WE’RE NOT A CHARITY: Blakeway has two factories and one of these, its Lake End plant, is underperforming. A major… Read more »
Accounting & Finance Clips 7: Depreciation, Objectives & Strategy
34 mins, 2011 Clips explain and illustrate key topics in finance using a variety of case study examples. CLIP 1: FINANCIAL OBJECTIVES: INTRODUCTION (7 mins) To achieve their long-term aims, businesses set themselves objectives – stepping stones to their aims. Manufacturing boss Stephen Maynard’s key objective is growth. ROCE – return on capital employed –… Read more »
Accounting & Finance Clips 6: Costs & Profit
28 mins, 2011 Clips explain and illustrate costs and profit using a variety of case study examples. CLIP 1: COSTS: AN INTRODUCTION (8 mins) Vital to commercial success is how well businesses control their costs. These come in two basic types: direct and indirect. But in the real world classifying costs is rarely clear-cut. Manufacturer… Read more »
Accounting & Finance Clips 5: Investment Decisions & Contribution
28 mins, 2011 CLIP 1: WHAT IS INVESTMENT APPRAISAL? (7 mins) Among the most critical decisions companies have to make are investment decisions – whether buying new machinery or taking over another company. This clip examines the different investment appraisal techniques companies use to help them make those decisions. Payback, profit, and opportunity cost are… Read more »
Accounting & Finance Clips 4: Cash Flow & Working Capital
31 mins, 2011 CLIP 1: CASH FLOW: TOSSED’S GAMBLE (11 mins) A new salad bar chain is chasing growth – but will it run out of cash? Tossed is the baby of twenty-something entrepreneur Vincent McKevitt who aims to make big money out of healthy eating. The business is successful, but if he tries to… Read more »
Accounting & Finance Clips 3: Budgeting
23 mins, 2011 Clips explain and illustrate the importance of budgets and budgeting using a variety of case study examples. CLIP 1: INTRODUCTION TO BUDGETING (5 mins) What are budgets? How do they work? In Blakeway Ltd budgeting is vital to their manufacturing plans – but budgets depend on sales forecasts which are notoriously unreliable…. Read more »
Accounting & Finance Clips 2: Sources Of Finance
24 mins, 2011 CLIP 1: SOURCES OF FINANCE – AN INTRODUCTION (9 mins) How does a business choose between different sources of finance? Is it always better to get money from inside the company than get an overdraft or loan or to sell shares in the firm? And what are the pros and cons of… Read more »