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Good Deals sells electronic equipment and household appliances. To improve employee morale the company made an employee lounge that will contain a nicely equipped lunchroom. Equipment in the lounge includes two microwaves, a large screen television, a VCR, a fully equipped computer, a refrigerator, and a range. As a means of familiarizing the employees (especially the sales staff) with the features of the new produces, new equipment is taken from the showroom floor and placed in the lounge every few months. The old equipment is returned to the showroom and sold as demonstration units. On January 3, 2019, the manager of the store placed the first equipment in the lounge. On December 15, 2019, all of the original equipment was taken back to the showroom floor and new equipment was brought to the lounge.
Problem 1: Identify any areas of bias that may have affected your decision.
Problem 2: Decide how the issue would be resolved in the most appropriate manner.
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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