User Account

All Pages

What are the possible legal consequences

Assignment Help Accounting Basics
Reference no: EM132998756

Question - ABC Ltd is an Australian Stock Exchange (ASX) listed entity. On reviewing management account's part way through the 2019-2020 financial half year period, the directors of ABC Ltd become aware that the company will incur a large trading loss for the half year. However, due to projected revenues from contracts expected to be completed in the second half of the financial year, the directors and senior management of ABC Ltd still expect the company to achieve full year financial results broadly in line with that of the previous full financial year. Under the ASX Listing Rule 3.1, is XYZ Ltd required to disclose information related to the trading loss? Explain your answer. What are the possible legal consequences of breaching the continuous disclosure rule?

Reference no: EM132998756

Questions Cloud

What obstacles did you encounter in coming to a consensus : What obstacles did you encounter in coming to a consensus? What did you enjoy most about this activity? What did you enjoy least?
How long will it take to repay the debt : Finance: Valuation of Debt A debt of $110,000 accrued interest at 8% compounded monthly. If it is to be repaid with fortnightly repayments of $500, how long wil
What is the maximum amount of the loan : What is the maximum amount of the loan that Azalea could have outstanding for the year and not be in violation of its covenant
What will be the market value per share : Jack owns 100 shares in ABC Ltd. The firm announces that it will pay $1 dividend per share one year from today and $2 dividend per share two years from today. A
What are the possible legal consequences : ABC Ltd is an Australian Stock Exchange (ASX) listed entity. What are the possible legal consequences of breaching the continuous disclosure rule
What is the present value of a 27 year annuity due : a) What is the present value of a 27 year annuity due, if the annual interest rate is 5% and annual payment is $2000.
How many years until the initial investment exactly doubles : Kobe has an investment account that increases with force of interest d(t) = t4.0. How many years until the initial investment exactly doubles?
What is the minimum taxable capital gain : Jeff disposed of two residential properties during the year. What is the minimum taxable capital gain that must be included in Jeff's 2019 personal tax return
What would ortiz report as total net revenues : Utilities expense 12,000; Rental revenue 31,000; Interest expense 18,000. What would Ortiz report as total net revenues in a multiple-step income statement?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd