What type of user of accounting information are you

Assignment Help Accounting Basics
Reference no: EM132931662

Question - Manuela Co is a textile manufacturing company. It expressed its will to borrow 1Million from Metro De Naga Bank (MNB). Manuela Co, promised to pay the loan for 3 years and interest of P30, 000 quarterly. Metro de Naga Bank examined Manuela?s financial statement and revealed three positives notes:

Net income from operations increase of 8% for the past 2 years ,

No material borrowing from other bank and other lending institution

Manuela Co. has a good credit standing and never default on its borrowing in the past.

Let us assume you are the staff of Metro de Naga Bank to examine the financial statements of Manuela Co,

1. What type of user of accounting information are you?

2. What kind of information do you need in making a decision?

3. What possible decision you are going to make?

Reference no: EM132931662

Questions Cloud

Calculate the subscription price : The company has 4 million shares outstanding currently and they plan to raise $16 million through the rights offering. Calculate the subscription price
What is the genome size : What is the genome size, and what does each 'word' represent?
Understanding of alcoholic fermentation : Two characteristics of natural wines are that they have a maximum alcohol content of 14% and are "sparkling" wines. Apply your understanding of alcoholic fermen
White blood cell engulfs a bacteria : When a white blood cell engulfs a bacteria, which organelle is involved in its digestion?
What type of user of accounting information are you : Manuela Co. has a good credit standing and never default on its borrowing in the past. What type of user of accounting information are you
Similarities of plant and animal organ system : Illustrate the differences and similarities of plant and animal organ system and their functions.
What is your forecast for the next month : Over the past 6 months, consecutively, you have had the following product orders in your business - what is your forecast for the next month
What types of disorders can a urinalysis help us diagnose : Women are more prone to urinary tract infections (UTIs) than are men. Why do you suppose that is?
Create a picture of hemophilia : 1.a)Create a picture of Hemophilia by hand and include labels of each function and the process that occurs which has hemophilia. Also make one of a normal perso

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.

  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!

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