Financial Reporting Problem Essay Example | Topics and Well Written Essays - 1000 words

Financial Reporting Problem - Essay Example et, the receivables should then be reported, representing those items on the balance sheet that are expected to yield cash in the near future like the prepaid expenses or the inventory. Further, the money owed to the company by its debtors follows closely, being the total receivables reported for the period, that they will expect to be paid in the near future. To this end, cash and cash equivalents provide the liquid assets of the company and should have therefore have been outlined last in the balance sheet. The company’s assets are classified based on their liquidity and on whether they provide long term or short-term service to the company. On the aspect of liquidity, it is plausible to note that the least liquid assets have been placed together, including goodwill, long-term investments and deferred tax assets. On the other hand, receivables, which are more liquid are placed in the same class, which details the amounts of cash that the company anticipates to receive from debtors and operating activities of the company. These are items like the prepaid expenses, the deferred tax assets and inventory. Still, in terms of liquidity, it is notable to state that the most liquid assets have been recognized and placed in the same category in the uppermost part of the balance sheet. In terms of the extent of service anticipated, the company’s assets are also classified in terms of whether they provide long-term usefulness or help the company meet its short-term obligations. In t his perspective, it would be important to note that the fixed or non-current assets have been classified in the same way, while the current assets are also placed in the same category. Cash equivalents are a class of assets on the balance sheet, which represent a category of investments on which the company is able to derive term payments, mostly known as interest. This amount of money paid as interest is calculated as a percentage of the money committed as an investment by the company,

Strategic Management Unit 4DB Essay Example | Topics and Well Written Essays - 250 words

Strategic Management Unit 4DB - Essay Example the company is committed to contribute to waste reduction, resource preservation, efficient use of energy and making fuel-efficient vehicles (General Motors, 2014; Crumm, 2010). In order to remain on track with its environmental policies, General Motors establishes relations with the communities that host its operations in setting up ways of increasing efficiency in energy use. For example, in Michigan, it collaborates with DTE Energy both inside and outside its plants. The company shares tips on how to manage, in a better way, negative environmental impacts through its official website. General Motors has designed a blueprint for adopting landfill-free way of life. To promote safety, General Motors China conducted a Safe Road Project that sensitized people to wear safety belts and drive safely. General Motors recycles waste in an endeavour to remain committed to the zero-waste campaign. The company uses 37 MW of solar energy in a number of its facilities in order to promote efficient energy use (General Motors, 2014; Crumm, 2010). General Motors’ commitments to the environment are universal. It channels many of its resources to the making of vehicles that have reduced environmental pollution impact. Auto companies have been using solar energy in promoting efficient energy use. Waste recycle is one of the most common ways of reducing environmental pollution used by people even beyond auto making business (General Motors, 2014; Crumm,