Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - M Hobbies Pty Ltd (MH) operates a network of four radio control hobby outlets in the states of New South Wales and Victoria in Australia. At the end of each working day, sale proceeds for every outlet are banked in cash deposit machines into the account of head office in Sydney. The monies are then credited at the start of the next day in the morning. Labour costs associated with banking in monies 5 days a week amounted to $725 last year.
To cater for hobbyists, who are often visit the stores on weekends, MH outlets are closed on less busy Wednesdays and Thursdays. Sales at the four shops totalled $416,000 last year, at a constant daily rate. MH's bank charges an overdraft rate of 18.25 percent. The company's return on investment return is 15 percent.
The Finance manager of MH is considering banking all sales proceeds once a week, on Monday evening. Conduct a cost-benefit analysis on this procedure and make a reasoned recommendation to MH.
Identify the control weaknesses present and make a specific recommendation for correcting each of them. In reviewing the processes, procedures, and internal
After 2 years, he withdrew 50000 shillings and left the rest for a further 3 years. Calculate the rest interest he earned in the 5 years
titania co. sells 400000 of 12 bonds on june 1 2012. the bonds pay interest on december 1 and june 1. the due date of
Which of the following statements pertain to both variable costing and absorption costing?
as an alternative to a summer job paying 6 per hour between her junior and senior years in college lori hart accepted
Assume that the overhead costs above consist of utilities, supervisory salaries, and maintenance. Estimate the maintenance cost for June
This showed that his NC state taxable income was $15,283. In 2019 he was filing as a single taxpayer. Determine the amount of 2019 NC tax due
Journalize the adjusting entry required under each of the alternatives for determining the amount of the adjustment amount of insurance expired during the year
Finance two obligations: one for $ 2,300,000 today and another for $ 1,700,000 after 15 months, both with an annual interest of 29%, for the equivalent.
boxer company owned 23000 shares of king company that were purchased in 2011 for 370000. on may 1 2013 boxer declared a
Critically analyze the benefits and limitations of ratio analysis, explaining what factors impact the meaningfulness of such measures
What total cost should be recorded for the new shares that are acquired by exercising the rights? Bern Company owned 50,000 ordinary shares held for trading.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd