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Question - The Software Developer Company name Criff Corporation located in Berlin, Germany with 10 employees has a total income of $2,000,000.00 for the first year that exceeded 100% base on the expected income analysis.
The board of directors decided to have another investor to expand the business because of the market demand to support their clients and to create more product to offer in the online market, In able to compete to other companies. And Because of the growing sales of the company they need 5 IT Developers to have a good productions and support for the products. The expected amount needed is $2,000,000 to cover all the expenses including annual salary, facilities and materials.
Required - If you are the head of finance
1. How you will assess the capital needs?
2. How will you apply the financial environment key components?
3. What is the possible risk in having the investor?
Financial Statement Analysis and Preparation
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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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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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