An Archive of Impeccable Accounting Answers : Page - 22

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In a group of 4 to 5 students (no more than 5), each group will conduct a review ofrelevant accounting research literature on a specific topic chosen by the group. Thegroup research report is due at the beginning of the last class and it should not exceed20 pages in double space, excluding the cover page and list of references.The final research report should include the following: a) A clear description about the research topic and the ke...

Analysis of Investment Proposals using NPV and IRRCase Study 2 – Budgeting Ahead On Jan 1, 2020, Siemax is attempting to budget cash flows through Mar 31, 2020. On this latter date, an unsecured note will be payable in the amount of $15 million, at 3.4% per annum. This amount was borrowed on Sep 30, 2019 to carry the company through the seasonal peak in Oct through Dec 2019. Cash Interest payment are settled monthly. A cash dividend of $...

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Your presentation and consultants report to the management team of the Moa Orthopaedic Clinic, covering the following: a) Based on last year?s actual activity levels (2,800 treatments, 3,400 care hours, 7,750 requests and 5,500 monitoring checks) demonstrate how the traditional ABC system would determine the ONS resources used by orthopaedic patients and the cost of any identified spare capacity. b) Using TDABC principles, compute the „cost...

Four key areas of accounting for property, plant and equipmentPart AThere are essentially four key areas when accounting for property, plant and equipment:(i)initial recognition(ii)depreciation(iii)revaluation(iv)derecognition (disposals).The basic principle of MFR 116, Property, Plant and Equipment (PPE)is that items of property, plant and equipment that qualify for recognition should initially be measured at cost.One of the easiest ways to rem...

Background InformationYou are required to: Calculate Sharon’s total income tax liability for the tax year 2020/21 and state when the tax is due. You should provide all the required explanations and use zero for income/benefit that is not used. Assume that the official interest rate is 3%. Question 2 – background information Sarah and Alison are sisters. Although they have the same amount of income, Sarah is an employee and Aliso...

You are required to access the 2020annual report of ANY listed Company on the SINGAPORE STOCK EXCHANGE/Australian Stock Exchange. (Annual reports are available via the JCU Library Database ‘DataAnalysis’. They are also available on the company website.): You are required to write an executive report with a maximum length of 2000 words, which will address all of the following points: 1. Describe the nature of the company’s activi...

QUESTION 1 Madeleine Mulroney is an engineer and computer software specialist and also the sole owner of Advanced Communication Technologies Ltd. (ACT), a company that develops technology for communication enterprises. Madeleine has been approached by Steve Smith, the owner of Smith Technologies Inc. (STI). Steve created STI about a month ago. STI owns a patent that Steve recently registered, as well as some other basic assets such as a comp...

Variance Analysis of Overhead CostsMA Plc provides online educational services to their clients in the higher education sector. The company offers its products in a package which includes online courses and supporting materials for follow up reading and self-paced practices In the recent years, the company has experienced rapid growth rate and is operating beyond its initial expansion plans. While the management is excited about the growth, i...

 With the company you have chosen, create a professional report with the following components  1. Title Page  2. Description of your company’s business in detail 3. Description of your company’s main competitors, and how your company compares to them 4. Description of the entire industry 5. Computation of relevant financial ratios over four years including:        a. Profitabil...

SECTION AIn this section, you are required to answer ALL of the questions. The length of time a firm must wait to recoup the money it has invested in a project is called the: a)internal return period b)payback period c)profitability period d)discounted cash period Shareholders' equity: a)increases in value anytime total assets increases b)is equal to total assets plus total liabilities c)decreases whenever new shares of equity a...

Financial and Personal Information Scenario: Kelly and Kyle Kentia – interview 20 October 2020 Kelly & Kyle have come to your financial planning practice for some advice about their respective superannuation funds. The couple are both aged 48. Their address is 41 Kallandra Drive, Kallista. They have 2 children, Ned aged 15 and Nellie aged 13. The couple provide the following information Kelly Kelly is a primary school teacher and wo...

After the completion of this written assignment, you will be able to:1. Explain the inventory systems and cost flow assumptions used in a business. 2. Prepare a stock card in a perpetual inventory system using the First-in-First-Out (FIFO) or weighted average cost (WAC) cost flow assumptions. 3. Prepare an ageing schedule of accounts receivable, calculate the allowance for impairment of receivables and prepare the presentation of accounts receiva...

Lampu Terang Bhd is one of the largest electrical and electronic distributors in Malaysia that was established in 1975s. The company has been listed in the Bursa Malaysia in the beginning of year 2019. Besides conventional way of selling goods via its outlets throughout the nation, Lampu Terang Bhd also sell its goods online through its website. Mr Johan joined the company as a new  Accountant on 30 June 2020. The previous head of accounta...

Choose a company to research. The company must be publicly traded company in the building related industry. Each group will select a different company; however, companies may be within the same industrial sector. The company is to be approve by your lecturer. Task 1   A. Research and then describe your company's primary business activities. Include: 1. a brief historical summary, 2. a list of competitors, 3. the company's position...

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This assessment covers the following learning outcomes: •Evaluate and apply selected aspects of various New Zealand International Accounting Standards (NZ IAS) and New Zealand International Financial Reporting Standards (NZ IFRS).•Prepare company financial statements that comply with legalrequirements