Cash flow statement

2008 Cash receipts (a) Cash sales Loans Total cash receipts Cash payments (b) Rent Admin Total cash payments Net cash flow 102,000 85,000 187,000 28,000 175,000 40,000 215,000

Profit and loss account

2008 Net sales (c) Cost of sales Gross profit Selling, general, and administrative expenses Operating profit (d) Other income Earnings before taxes Taxes Net income 250,000 (80,000) 170,000 (65,000) 105,000 20,000 125,000 (25,000) 100,000

Balance sheet April 1 2008

Assets Current assets (e) Cash Accounts receivable Total current assets Fixed assets (f) Land Total fixed assets Total assets 150,000 150,000 375,000 75,000 150,000 225,000 Liabilities (g) Current liabilities Taxes payable Payroll Total current liabilities Long-term liabilities Loans repayable Total long-term liabilities Total liabilities Net assets (h) Owners equity (i) 50,000 50,000 275,000 100,000 100,000 100,000 125,000 225,000

In meetings, people generally:

are clear admit they dont understand stick to the agenda summarize decisions clearly are direct and sometimes rude often interrupt

are unclear never admit ignorance dont stick to the agenda dont summarize decisions are indirect and never rude rarely interrupt

A: B: A: B: A: B:

Well, I think weve got to attract top people with things other than money. How do you think we can do that? I mean, what exactly do you have in mind? I was thinking of providing a better all round package. You mean with things like good terms and conditions. Yes, thats right. Holidays, paternity and maternity leave, sabbaticals that sort of thing. What do you think? I agree with you. I think its a good idea to consider nonfinancial incentives to get the best people, if thats what you mean.

A:

Yes, I do. So were agreed well look into the whole salary package for executive recruitment.

Suggested minutes
Meeting minutes Date: 16 September Time: 14.30 16.00 Venue: Room 346 Chair: Enzo Falconi (EF) Attendees: Alice Keller (AK), Franois Weber (FW), Dylan Sanders (DS) 2 Chasing up late payers We agreed to review the email sent to late payers and also when the first reminder is sent out. FW will redraft the email to make it more assertive and AK will review the schedule for reminders. FW and AK to report back at next meeting. FW and AK 30th September

3 Covering for absent colleagues DS argued that we need to cover for absent colleagues rather than just leaving their work till they get back. AK said the year end was not the time to introduce this initiative and that there would be a need for training. DS agreed to draw up a draft training schedule for next year which we can discuss in January. DS January 4 Reducing office waste Following a brainstorming session on how waste could be reduced, it was agreed that we needed the advice of an environmental expert. EF agreed to follow this up and report back in October. EF 13th October