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Discussion Post
Investors use the financial statements in many ways. One of the most important uses of these statements is to evaluate past performance and project future performance.
Address one of the following prompts in a brief but thorough manner.
1) What are the major financial statements and what types of information does each provide the user? Who and what are the potential users of these types of financial statements?
2) What is a pro forma financial statement and what types of information does it provide the user?
3) Who and what are the potential users and uses of these types of pro forma financial statements?
Use the information in the following T-account for the investment in Demo to answer the following questions. How much was Gator Co.'s share of Demo Co.'s dividends for the year? What was Demo Co.'s total net income for the year?
Shark Company purchased 70% interest in Fish Company on July 1, 2014.- prepare a consolidation worksheet for Shark and Fish for the year ending December 31, 2014.
Discuss possible reasons why their net book value differs from Market Capitalisation. What is the Market Capitalisation of SIMS limited and ILUKA Resources?
Write a 3–5 page essay about the ethical implications of insider trading. Financial statements and information are very important to investors. If some of this information is used or shared before it is released to the public
On December 1, 2019, Driscoll, Inc. signed a 10 year mortgage, How much of the first payment made on December 31, 2019, is allocated to repayment of principal
When Resisto Systems, Inc., was formed,Prepare stockholders' equity section of the company's balance sheet at the end of the current year.
What is the required rate of return on Okefenokee stock? (Do not round intermediate calculations. Enter your answer as a whole percent.)
Prepare a trial balance at March 31 on a worksheet. Enter the following adjustments on the worksheet and complete the worksheet - Earned but unbilled revenue at March 31 was $865
Prepare the journal entry for the issuance of the note by Eleuthera Technology On November 1, 2016. Prepare the journal entry for the payment of the note.
What financial factors should you consider when deciding to borrow capital? What is the main risk of buying or borrowing capital to invest in an asset?
What is the simple annual interest cost of the loan? Blossom, Inc., sells $201,000 of its accounts receivable to factors at a 2 percent discount.
The dean wants to survey members of the alumni association who obtained their baccalaureate degrees 5 years ago to learn what their starting salaries were in their first?
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