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Question 1: How much can your church give as college scholarships each year forever, if you give them an endowment of $50,000? Their average return is 6%.
Option 1: $833,333
Option 2: $3,000
Option 3: $300,000
Option 4: $8,333
Question 2: How much will you have in the bank four years from today? You will make deposits of $1,000 at the end of each year for the next four years. You can get a return of 3% on your deposits.
Option 1: $4,183.63
Option 2: $1,125.51
Option 3: $4,438.41
Option 4: $1,194.05
Financial Statement Analysis and Preparation
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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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