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The assets and liabilities of S Harrison as at 30 June 2012 are:
On 1 July 2011 when the business commenced, Harrison owed $58,000 on the land and buildings and $1,200 on the plant, which cost $5,200. At this time Harrison had no other assets or liabilities except $300 in the bank and $2,700 of stock. During the year drawings for personal use totalled $800 cash and goods of $90. Prepare a statement to determine profit for the year.
QUESTION i) Discuss the risk associated with changes in exchange rates. ii) How can these risks be managed internally? iii) Explain how a manager can use a forward contra
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Why are trend analysis and industry comparison important to financial ratio analysis? Trend analysis assists financial managers and analysts see if a company's current financia
If normal operating revenues are inadequate to repay the debt, liquidation of collateral may be necessary. Corporate bonds can be either secured or unsecured by c
need to understand some basics of changes in working capital
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