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Question :
1.Your employer engages in several joint process that produce important quantities and types of by- product. You have been asked to provide a report to management on the best way to account for by product. Prepare criteria for making such a choice and give reasons for each criteria, along with additional assumptions you wish to provide about the nature of the company you work for, recommend a particular technique of accounting for product and describe why you consider it to be better than the alternatives.
2. Susan Cheng is the CFO of Automotive solutions, a small company that makes specialized lighting equipment for the car industry. Due to intensified competition from foreign companies, Automotive Solutions has tremendous pressure price for its products. In response to this pressure top management has decided to focus more intently on the role of product quality to enhance the competitive position of the company.
With the change in competitive focus, Cheng identify that the company have to revise its CMS to better manage product quality. As an intern working for Cheng, purpose a memo describing how gap analysis could be used to revise the CMS.
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
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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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