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Deco Bhd. was formed on 1 July 2019. The Board of Directors decided to issue 400,000 ordinary shares and is payable as follows:
A prospectus was issued with closing date for applications being 1 September 2019. At this date RM400,000 had been received with applications for 400,000 shares. The shares were allotted on 3 September 2019. All allotment money was received at 2 October 2019.
Problem 1: Prepare the journal entries for the transaction above
Determine out the expected EPS under both financing options at the given EBIT levels of Rs. 2 crores and Rs. 7.5 crores. What should be choice of the company.
How much will you have in this account at the end of 11 years? Assume that all interest received at the end of the period is reinvested the next period.
If you deposit in ABC Bank $10,000 every year for 10 years at 5% interest compounded annually. How much (approx..) you would have at the end of tenth year?
If the $-€ spot exchange rate is $1.45/€ on the contract expiration date, would you exercise the call option? What would be the option payoff and profit?
Identify fundamental ethical principles under threaten, types of threats to your compliance with the ethical principles, and discuss as to what safeguards
prepare the companys budgeted balance sheet.nbspthe management of mecca copy a photocopying center located on
Palmetto is considering the purchase of a new industrial machine. The estimated cos of the machine is 50,000 The machine is expected to generate annual cash inflows for the next four years year 1 25000 year 2 20000 year 3 20000 year 4 15000 discount ..
Provide the journal entry for the monthly partner drawing for January and provide the journal entry to close the income summary account at the end of the year.
Liabilities at the end of the year totaled $105,000. Determine What are the total assets of the company at the end of the year? provide example
Discuss the role of accounting in business. Name one group of users of accounting information and discuss what information they might be interested in and how they might use this information. Discuss the four financial statements and how they relate ..
Why do you think we need to depreciate some assets but not others? What impact do you think depreciation has on a construction company from a financial.
evaluated that the total estimated life should be 10 years with a salvage value of $5,490 at end of that time. Consider straight-line depreciation.
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