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Your task is to compare and contrast the historical (for the last 2 years – 2014 and 2015) and expected future performance of Wesfarmers Limited(a listed company) and WoolworthsLimited(a liste
1) What is the accounting issue relate to this article? 2) Who are the stakeholders? Describe each stakeholder and their concerns.
Prepare a Statement of Cash Flow for the year ending 2015 from the following information. PP&E with a historical cost of $50,000 and a net book value of $29,000 was sold for $26,500
If Congress voted to eliminate corporate taxes, what would be the effect on your company’s income statement and balance sheet? Defend your response.
What is your recommendation for which alternative solution is best for each of the discount rates? Did your recommendation change with the different discount rates? Why should you use a range of inter
Why did Moody’s not upgrade Asheville in 9184, 1986, and 1987? How did Asheville respond to Moody’s concerns? What did the city do to improve itself in the four rating areas? Specificall
According to analytical procedures are defined as follow: ....the term means evaluations of financial information through analysis of plausible relationships among both financial and non-finan
1. Why should an organization conduct an Organizational Behaviour Audit? 2. What areas within an organization should be evaluated as part of an Organizational Behaviour Audit?
1 Calculate the material handling rate that would have been used by Eloise Smith’s predecessor at East Coast Marine.
Based on the above information and using Excel, calculate the following items for this proposed equipment purchase: Annual cash flows over the expected life of the equipment
Find a professional journal article or web page report of an item of accounting news. The report/article must refer to a current event, consideration, comment or decision that has been published on
Direct manufacturing labour costs. Calculate first the DMLH per product separately and then add the DMLH of the two products together. Then calculate the DML costs for the relevant periods.
What is your firm’s tax expense in its last two years’ financial statements? Is this figure each year the same as the company tax rate times your firm’s accounting income? Explain
Prepare a 2 page newsletter that identifies and summarises developments and changes in the financial reporting environment for the period January - March 2016, inclusive.
Prepare the closing entries for the month of November. Assume that after closing all of the revenue and expense accounts the Income Summary account has a credit balance of $5,000.
Read the paper by Scapens (2006). How has management accounting research informed, or been informed by management accounting and the development of strategic management accounting?
a. Estimate the NPV of each project, assuming a cost of capital of 10%. Which is the better project? b. Estimate the IRR for each project. Which is the better project?
Prepare the journal entries that would have been passed in August and September, when Al ordered the transactions to be recorded, and the adjusting entries at December 31 2019 (assume all changes in
Explain how the accounting for research and development costs differs for the legal entity and economic entity at acquisition date and after acquisition date in accordance with FRS 38 Intangible Ass
a) What are the merits and disadvantages of funding using Private equity/Venture Capital? After being denied funding by the Dragon’s Den venture capitalists, which other sources of funding can
Reflect on how well you perceive you have performed your tasks and other activities at D’Mello Chartered Accountants to date. You must use supporting evidence and/or examples of progress made.Ta
Identify a typical workplace procedure or issue that might require improvement or amendment. What data could you collect and what records could you consult to assist in identifying problems or oppor
Prepare the direct material budgets for the upcoming three months, assuming that you need to keep 10% of the direct materials needed for next month’s sales on hand at the end of each month (th
Identify and explain the qualitative characteristics of financial reports addressed by the conceptual framework.