Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The financial manager of Heidi (Pty) Limited has commenced with the company's financial planning for 2022. However he is in hospital recovering from the Corona virus and the company needs your assistance with the following which have yet to be completed: The pro forma statement of financial position as at 31 December 2021; and An appraisal of investment opportunities for implementation during 2022.
REQUIRED
Question 1: Prepare the Pro Forma Statement of Financial Position as at 31 December 2021. The amount of external non-current funding required must be calculated.
INFORMATION HEIDI (PTY) LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 R ASSETS
Non-current assets 2 800 000
Fixed/Tangible assets 2 800 000
Current assets 2 400 000
Inventories 300 000
Trade and other receivables 1 200 000
Cash and cash equivalents 400 000
Total assets 5 200 000
EQUITY AND LIABILITIES Equity 2 600 000
Ordinary share capital (600 000 shares) 1 200 000
Which an impairment loss that relates to an asset that has been revalued should be recognized in? Which statement is correct in determining recoverable amount?
Calculate the current tax of Bright Ltd for the year ended 30 June 2021 and prepare the required tax journal entry. Depreciation of machinery $85,000.
Produce after-tax cash flows, including depreciation, of $44,503 per year. If firm's cost of capital is 14% and its tax rate is 40%, what is the project's IRR
Prepare journal entries for all dates. Journal entries for the Tempe bonds (a, b, c) Journal Entries for the Flagstaff bonds (d, e, f). No explanations
The clubs will sell for $776 per set and have a variable cost of $351 per set. What is the annual OCF for this project
Management anticipates an increased working capital need of $3,000 for the year. What will be the effect of the price increase on the firm's FCF for the year?
On the chart, select the appropriate category to indicate where the various accounts belong.Equipment, Prepaid Insurance,Sales
Determine the project's initial cash outlay. Using the NPV criterion, should the company managers accept or reject the project? Explain.
Your comments should include how these accounting issues affect the financial statements: which financial statements? How? What are the resulting differences?
How much revenue will the company recognize in 20x6 under this arrangement? Guardians Fund Managers Company sells two licenses to XYZ Company on September.
Pretend that you have misplaced your MACRS tables. Develop the tables for a property class of 3 years assuming 200% DB depreciation switching to straight line; half-year convention; salvage value equal to $0. Your answers should match those for MACRS..
Your firm sells home appliances at retail. If you take advantage of all the trade discounts, find the net price you will pay for the washing machine.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd