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1. Describe the approach Zetar Plc uses to determine goodwill impairment losses. How does this approach differ from US GAAP?
2. Zetar Plc does not report any research and development (R&D) expense in its income statement. If it did, its approach to accounting for R&D expenditures would be significantly different from US GAAP. Describe the differences between IFRS and US GAAP in accounting for R&D expenditures.
3. According to the notes to the financial statements, what types of transactions do trade and other payables relate to?
4. What was the average amount of time it took the company to pay its payable during 2011?
5. What do the provisions relate to?
6. What are the estimates based on?
7. What could cause those estimates to change in subsequent periods?
Inventory Control Ratios For reasons of monitoring the effectiveness of inventory management this is useful to look at the subsequent ratios and indexes: Overall Inventory Tu
For each of the ratios listed below, indicate by the appropriate code letter, whether itis a liquidity ratio, a profitability ratio, or a solvency ratio. Code: L=Liquidity rati
limitations of the balance sheet
Example of outbound logistics in bank
Interest revenue: At the end of 2012, a manufacturer sells machinery to a customer for $90,000. $30,000 is paid immediately, and the customer signs a promissory note for the r
How to proceed on the analysis of investment putting in mind that there are many criteria in this respect:Net income per year, Cash flows, Device life of 7 years, 10% return on inv
Limited Liability Partnership (LLP) - GENERAL PARTNERSHIP which, via registration with an appropriate state authority, is able to enshroud all its partners in limited liability. Ru
Juniper Ltd is a listed diversified company. In preparing its financial statements in accordance with AASB 8, the chief operating officer has identified three operating segments:
Perform a business size-up of Sugar and Spice Bakery. 2. Qualitatively analyze the opportunity of closing the storefront to cater events.
What is a cash budget? How it is useful in managerial decision making?
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