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Question - Imaging that after finishing your studies you plan to start your own business in consultancy at the intersection of technology and business. To receive the necessary seed funding from banks and funding agencies, you need to present a plan how to organize accounting and finance.
Outline a basic costing system to control costs, check profitability and price products and plan.
Discuss basic cost terms such as Fixed Costs, Variable Costs, Break Even Point, etc. in connection to a startup company.
Discuss how the plan under uncertain conditions.
If you deposit $3500 today into an account earning an annual rate of return of 7 percent, what would your account be worth in 40 years?
On 30 June 2021, Monty Ltd leased a motor vehicle to Taylor Ltd.What is the amount recorded as a lease receivable by Monty Ltd at the inception of the lease is?
Purpose the entries that fix this error. SAS usually depreciates assets like printing presses over five years.
Prepare a segmented income statement for Countywide Cable Services, Inc. Use the contribution format - Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying.
Workman Tools reported a TI of $90,000 last year. If the state income tax rate is 7%, determine the (a) average federal tax rate, (b) overall effective tax rate, (c) total taxes to be paid based on the effective tax rate, and (d) total taxes paid to ..
What is the journal entries required? On November 1, 2016, BIUC issued 2,000 redeemable and retractable preferred shares at a value
A second hand bulldozer acquired at the beginning of the fiscal year at a cost of $68,000 has an estimated salvage value of $9,500 and an estimated useful life of 12 years. What is the amount of annual depreciation in year 11 using DDB depreciation w..
How would the financial statements be useful to managers and employees? How would the financial statements be useful to investors and creditors?
What is the projects NPV? Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer.
Select a global challenge facing international financial reporting and explain how preparers and users of financial statements and capital market regulators have a stake in the outcome.
Prepare the cost of merchandise sold section of the income statement for the year ended June 30, 2008, using the periodic inventory system.
The managers of PonchoParts, Inc. plan, What is minimum bid price the firm should set as a sale price for the blocks if the firm were in a bidding situation?
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