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explain about the term- contingent liabilities under ias 37 provisions contingent assets and contingentliabilities contingent liabilities arent
what is redeemable debtcompany will have to re-pay the debt at redemption date or between the two redemption dates ie 20x520x9 means debt can be
illustrate the steps of creative accounting creative accounting include1 timing of transactions delaying or hurrying up the despatch of invoices at
what is creative accountingcreative accounting also termed as aggressive accounting or earnings management distorts financial analysis of company
state the different accounting policiesdifferent accounting policies which can be adopted will have an influence on the ratios calculated and hence
what is the ratios based on historic cost accountsratios based on historic cost accounts dont give a true picture of trends due to the effects of
what are the limitations of ratio analysisa ratio on its own is meaningless accounting ratios should always be interpreted in relation to other
explain the difference between cash and profitcash flow statement shows all the cash in and cash out for the organisation for that period it
cash flow statement analysiscash flow statement is a primary financial statement and shows cash generating ability of the organisationcash generated
dividend coverdividend cover profit available to ordinary shareholders pat annual dividendno of timesor epsdividend per sharedividend
dividend yielddividend yield dividend per sharemarket share price x 100dividend yield is the cash return on the share not whole return which is cash
what is the price earnings pe ratiope market share priceeps no of timespe ratio is the most widely quoted investors ratio it demonstrates market
define the term- earnings per share epseps profit available to ordinary shareholders pat weighted average number of shares in issuep per sharethis
explain the term- interest coverinterest cover profit before interest and tax pbit interest payableno of timesinterest cover represents the safety of
determine the significance of gearing on shareholderssignificance of gearing on shareholders is financial risk for anun-geared and geared company it
difference between debtcapital and equity capitaldebtcapital comprises long-term loans debentures loan stock etc preference share capital may also
state the importance of gearing in accountinggearing is one of the most extensively used terms in accounting gearing is the relationship between debt
illustrate the meaning of gearing gearing is the relationship between equity anddebt debt is typically long term liabilities that the organisation
differences in working capital for different industries manufacturingretailserviceinventorieshigh volumewip and finished goodsgoods for
what is the meaning of over-capitalisationit is the opposite of over trading it means a company has a large volume of inventories trade receivables
state the concept of overtradingovertrading can result in insolvency which means companies have severe cash flow problems this means that a thriving
what are the remedies for overtradingshort-term solutions speeding up collection from customers slowing down payment to suppliers maintaining lower
determine the symptoms of overtradingsymptoms of overtrading are- fast sales growth increasing trade payables increasing trade receivablesfall in
state the term- overtradingovertrading takes place when a company has insufficient finance for working capital to support its level of trading
define the meaning of overtradingwhen a company is trading at a very fast pace it would be