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Describe the following questions:-
Q.1 Explain how financial statements assist in the capital allocation process. How are financial statements limited? Which financial statement is the most useful?Q.2 Explain why net income is not always the best measuring stick for a company?Q.3 Research and discuss at least two different forms of business organizations (ex. sole proprietorship, partnership, corporation, LLC, etc.). Discuss why accounting record keeping is important to the success of the organization and how accounting systems can help by increasing efficiency and effectiveness.
Q. Calculate PV of cash flows? Estimated market value $116·26 per $100 of debentures The value of 45 shares in 5 years' tim
Answer both parts of this task. Part (i) is worth a maximum of 5 marks and Part (ii) is worth a maximum of 10 marks. (i) List the elements of the tort of negligence. (ii) Enr
Company A(lessee) will rent inventory for you for 3 years rather than buying it for the regular price of $240,000. Normally these units, which cost us $120,000 to produce, will las
J inherited 30000 & decides to open a saloon.1/4/2016.under jasper.commits 10000 to the business .opens a a/c in the bank as jasper. What will be th capital amount in his books o
Question: (a) ‘Public accounting is often called fund accounting'. Describe what you understand by the term ‘fund accounting'. (b) "What's the difference between nation
#what are the limitations or disadvantages of accounting concept?
Example of Short-term Solvency Current Ratio = Current Assets / Current Liabilities = 5.38
WACC and gearing There are two major theories linking a company's WACC and its gearing ratio. (i) The usual theory of gearing proposes a "U" shaped WACC curve. Cost of c
RECEIVING ORDER It includes five main important points as follows: Effect of receiving order: The consequences of the making of the receiving order are:The debtor retain
Fully secret trusts This is where neither the existence nor the terms of the trust are disclosed in the will. The trust will be enforced only if the following conditions are
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