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Question -
A) Can a company become liable under a corporate contract even when they did not authorise the transaction? Explain with reference to ostensible/apparent authority. Make reference to relevant tests and authorities.
B) Explain the concept of statutory assumptions. Make reference to relevant rules and authorities.
bates corporation has prepared the following sales budget month expected sales may 84000 june 100000 july 92000 august
Stock B has an expected return of 9% p.a. and a beta of 0.8. What are the risk-free return and the expected return on the market portfolio
in 2004 roland who is single purchased a personal residence for 340000 and took out a mortgage of 200000 on the
Question - Explain the differences between the direct and indirect methods for preparing the statement of cash flows
Effect of omitting adjusting entry - indicate whether the items in error will be overstated or understated.
Prepare Liam's 2018 tax return using the data in part a along with the following information: IRA contribution $5,000
On January 1, 2010, Ashly Farms leased a hay baler from Agrico Tractor Company.
Hospitable Co provides the following sales forecast for the next four months: Prepare a production budget for the months of April, May and June
Topic: Financing Company Operations. Prepare the journal entries to record the above transactions of Mindgym Ltd
When wages expense for the year is computed, why are beginning accrued wages subtracted from and ending accrued wages added to, wages paid during the year?
Describe the differences between direct labor, direct material, manufacturing overhead, and nonmanufacturing costs, and list an example of each.
On August 31, 2008, Devs Autoparts Company sold $8,000 worth of parts to Metro Repair Company. The terms of the sale were n/90. Devs receivable policy is to start charging interest of 9% (annually) on all balances over 90 days. Interest is accrued..
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