An Archive of Impeccable Accounting Answers : Page - 11

Course Code   :  ACCT301

Course Title   :  cost accounting

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Question: Assignment Question(s): (Marks 5) Q1. Examine with suitable examples, how “Vision and Mission statement” influence the organization’s decision making process? Also provide vision and mission statement of any two Saudi companies. (1.5 Marks) Q2. The following data has been taken from the records of ABC Company for the year 2015: (1 Marks) Using the high-low method of analysis, find out variable cost, fixed cost an...

Course Code   :  ACCT618

Course Title   :  Managerial Accounting

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Equity-Based Compensation and Managerial BehaviorThis study examines whether non-financial performance measures (NFPMs) included in CEO bonus contracts (hereafter, bonus contracts) are complementary to the use of equity-based compensation, and whether NFPMs and equity-based compensation jointly explain future firm value. Equity-based compensation (e.g., restricted stocks and stock options) is an example of a deferred performance-based compon...

TaskYou work at the headquarters of the Yorkshire Wind Farm Company and are responsible for the evaluation of capital projects. The business is currently trying to decide between 2 proposed wind farms. One is small and onshore and the other is larger and offshore. Each is expected to have a life of 15 years. 1.Evaluate capital investment projects using a range of techniques including the assessment of risk  The revenue is made up of t...

Adjustments made to calculate Net Cash Provided by Operating Activities1) Hertz makes five adjustments (ignoring ‘Other adjustments’) to net income before including the changes in operating assets and liabilities. List each of these five items and briefly explain why each of these items is added (subtracted) from net income to calculate Net CashProvided by Operating Activities. 2) Did receivables increase o...

Task 1 (50 marks)LO 3 Analyze business internal accounting information to evaluate working capital management performance of a business Jason Co is an online computer trader which made annual sales of $15,000,000 last year. The most recent financial statement indicates the company owns $2,466,000 trade receivables, $2,220,000 trade payables and $3,000,000 of overdraft. The customers pay within 60 days on average. In order to boost sales, J...

BackgroundYou are an Audit Senior on the audit engagement of Australian Heart Rhythms Limited (AHRL) for the financial year ending 30 June 2021. AHRL specialises in the design and manufacture of cardiac pacemakers and invests more than two and a half times the industry average in research and development. While undertaking audit planning procedures you become aware of the following: AHRL has been developing its latest cardiac pacemaker, the...

TaskYou are required to prepare a 1500 word report in response to the brief supplied below (there is a margin of +/- 10% before any penalties will be applied) In order to complete the assignment satisfactory you will be required to research/review the appropriate academic materials/journals etc. relating to the areas that you consider to be important. You have been provided with one or more articles which it is hoped will initiate your research...

Task Assignment/Case Study Report Topic: Impact of COVID-19 on Multinational Companies MNCs (for examples the mining industries, such as Tinto, BHP, Rio and etc) businesses around the world (it can be from other industries as well, but kindly provide the same types of companies/businesses in that particular industries for comparisions and etc, preferably industries/companies from Australia or based in Australia).   Case study report of...

Syafiq Kylex started HealthPro Pte Ltd on 1 January 2021. The shop sells a wide range of health supplements and also conducts short classes on nutrition. Syafiq prepared the following Profit and Loss Statement and Balance Sheet for the business after 6 months of operations and thinks that there are errors in the statements. He needs your assistance to check and prepare the corrected classified Profit and Loss Statement and Balance S...

Tactical Decisions (Learning Outcome 4) (25 Marks)Tactical decisions do not require significant or permanent resource commitments and can be changed or reversed relatively quickly if better opportunities arise. The impact of such decisions is short term and the financial impact of alternatives is usually analysed by considering theincremental revenue and costs of each alternative (Langfield-Smith, Thorne & Hilton, 2009). You are expecte...

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BackgroundThere is a total word limit of 3500 words(excluding appendices) for the entire assessment. You are advised to spend about 2750 words on case A and 750 words on case B The scenario is intended to be realistic and the date is Jan 31 2020. (see note below) You have recently joined Puma in a management position. Your CEO regards competitor analysis as very important and consequently the company regularly produces internal reports on...

Task: Question 1 The following trial balance was extracted from the books of Simon’s Business, a sole Trader, on 31st December 2020, the end of the financial year. Additional information as at 31st December 2020a. Inventory as at the close of business was valued at SCR460,000b. Outstanding (accrued) repairs and maintenance expenses SCR9,000c. Other operating expenses are prepaid by SCR5,000d. The allowance for receivables is to be adju...

1. Who developed Generally Accepted Accounting Principles?1. Which of the following has primary responsibility to develop Generally Accepted Accounting Principles?a. Financial Accounting Standards Board.b. Company Executives.c. Securities and Exchange Commission.d. Public Company Accounting Oversight Board. 2. Which of the following has the legal authority to determine financial reporting in the United States?a. Financial Accounting Standards...

Cold Ice PLC Financial Performance Evaluation(a) Cold Ice PLC (CIP) manufactures cold beverages and frozen products, and distributes them all over the country. An investor has calculated the following  Ratios based on the financial statements of the company for the year ended 31 March 2021. Gross profit margin 36% Net profit margin 17%Debt ratio (1- equity ratio) 21% Quick ratio 0.89 Inventory days 63.85 Dividend cover 1.14 The market ...

Course Code   :  ACCT105

Course Title   :  Financial Accounting

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Task To Do: Using the transaction list provided, complete the March 2021 income statement and balance sheet. Some transactions may fit more than one category, if so make note of which account you selected and why.  For the balance sheet, all ending February balances have been populated in March, please add to those amounts as necessary based on the transaction list. For the income statement, some accounts are already populated and will h...