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Questions -
A. You purchased LG Side by Side Fridge from Courts Fiji Ltd on 05 October 2020 worth $8799 by making a deposit of $650. The payments will be made over two years on a monthly basis with the first payment due on 04 November 2020. The interest rate charged by Courts Fiji Ltd on hire purchases is 18% per annum. Calculate the monthly instalment to be paid over the two years.
B. You intend to purchase an insurance policy on 1 January 2021 which will provide you with a cash return of $5000 annually at the beginning of each year in 10 years time from now for eight years. The premium payments will be made half-yearly over the 10 years with the first payment made on the day of purchase. The insurance company will accumulate cash bonuses on the premiums paid at a rate of 5.25% per annum. Calculate the insurance premium that you will be required to pay to the insurance company every six months.
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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