Bellwork: Timed writing with a goal of 50 words per minute
• www.learn2type.com/typingtest
READ ALL Directions: Visit the Web site of marketing research firm Claritas Inc. at the
following website or Google “You are where you live” (zip code look up)
http://www.claritas.com/MyBestSegments/Default.jsp?ID=20
1. Go to the "You Are Where You Live" section of the site, type in your zip code, and review
the resulting profile of your city or town.
2. How accurately does this description fit the characteristics of your city?
3. Describe the advantages and disadvantages of using the "you are where you live"
approach to researching cities
4. Compare two cities: McComb and a city you would like to visit or live in.
5. Create a spreadsheet and chart in Microsoft Excel to compare the quick facts of each
city
6. Also in the spreadsheet include: What are two attractions/activities, ways of
transportation, schools, & restaurants in each city. Give urls & insert pictures.
7. Save as yourlastnameyawyl
8. Attach the spreadsheet to your wiki
Makeup Assignments on
http://sartinkids.wikispaces.com/Assignments
Entrepreneurship Assignment (Friday)
Managing Cash Flow
Directions: Use the Internet to answer
the following questions on a sheet of
paper.
1. Explain the importance of cash
management to a small business's
success.
2. Differentiate between cash and
profits.
3. Understand the five steps in
creating a cash budget and use
them to create a cash budget.
4. Describe fundamental principles
involved in managing the "Big
Three" of cash management:
accounts receivable, accounts
payable, and inventory.
5. Explain the techniques for avoiding
a cash crunch in a small company.
Daily Activities
• Character Building Video:
Listening
• Timed writing with a goal of
50 words per minute
• www.learn2type.com/typingtest
• Daily writing prompt
• www.theteacherscorner.net
• Type it! Current Events
Worksheet from
• http://coursecasts.course.com/
• Enrichment Activities:
www.freerice.com
• Canned Goods due Friday!
Daily Activities
1. Character Building Video:
Problem Solving
2. www.learn2type.com/typingtes
t
• Timed writing with a goal of
50 words per minute
3. www.theteacherscorner.net
• Daily writing prompt
4. http://coursecasts.course.com/
• Current Events
5. http://sartinkids.wikispaces.co
m for Family Project (due in
entirety Wednesday); including
parent interview
6. Enrichment:
www.freerice.com
Directions: Use the Internet to answer the
following questions on a sheet of paper.
1. Define Communication.
2. What is your favorite form of
communication. How often do you use
it daily? How can this form of
communication be used in education?
3. List and explain the essential elements
of communication.
4. Describe the characteristics and
functions of communication.
5. Define Axiom.
6. Identify and provide examples of five
basic axioms of the communication
process.
Desiree Sartin-Williams
MHS Entrepreneurship
• Cash is the most important but least productive asset the small
business has.
• The manager must maintain enough cash to meet the firm's
normal requirements (plus a reserve for emergencies) without
retaining excessively large, unproductive cash balances. Without
adequate cash, a small business will fail.
• Cash and profits are not the same. More businesses fail for lack
of cash than for lack of profits.
• Profits, the difference between total revenue and total
expenses, are an accounting concept.
• Cash flow represents the flow of actual cash (the only thing
businesses can use to pay bills) through a business in a
continuous cycle. A business can be earning a profit and be
forced out of business because it runs out of cash.
• The cash budgeting procedure outlined in this chapter tracks the
flow of cash through the business and enables the owner to
project cash surpluses and cash deficits at specific intervals. The
five steps in creating a cash budget are as follows: forecasting
sales, forecasting cash receipts, forecasting cash disbursements,
and determining the end-of-month cash balance.
• Controlling accounts receivable requires business owners to establish
clear, firm credit and collection policies and to screen customers
before granting them credit.
• Sending invoices promptly and acting on past-due accounts quickly
also improve cash flow. The goal is to collect cash from receivables as
quickly as possible. When managing accounts payable, a manager's
goal is to stretch out payables as long a possible without damaging
the company's credit rating.
• Other techniques include: verifying invoices before paying them,
taking advantage of cash discounts, and negotiating the best possible
credit terms. Inventory frequently causes cash headaches for small
business managers. Excess inventory earns a zero rate of return and
ties up a company's cash unnecessarily. Owners must watch for stale
merchandise.
• Trimming overhead costs by bartering, leasing assets, avoiding
nonessential outlays, using zero-based budgeting, and
implementing an internal control system boost a firm's cash flow
position. Also, investing surplus cash maximizes the firm's earning
power. The primary criteria for investing surplus cash are
security and liquidity.