An Archive of Impeccable Accounting Answers : Page - 27

Being employed by Thunder (Singapore), South-East and South Asia Regional Head Office, you are required to provide a proposal to help solve the problem and perhaps, help improve Thunder (Singapore)’s position in the Group. (Read the Objective of the assessment to ensure topics to be covered) (Hints: On top of the objectives, do some research on •Electronics, semiconductor and automotive (including OEM and aftermarket)industries, especi...

Expected Output and Demand for 2020Wine Plus Ltd is famous for its wine products. Ordinary Wine is standard Wine, while Miracle Wine is produced using a secret recipe. Only Wine Plus Ltd can produce the Miracle Wine. All costing information is based on the following expected output for 2020.   Ordinary Wine Miracle Wine Sales Price (per bottle) $100 $130 Expected demand and output for 2020 ...

Question 1Part A: Multiple-Choice (1 mark each for a .total of 20 marks) For each question, choose the correct answer by circling only one of the letters a, b, c, or d.   1. The Star Wars Industries has the following account balances: Retained earnings $75,000 Revenue $365,000 Operating Expenses $297,000 Interest Expense $17,500 On the corporate income statement w...

Car To ons Audio Inc. Car Toons Audio Inc. (CTAI) is a young company that recently completed its initial public offering. The company designs and develops leading-edge car stereo equipment. including MP4 compatible decks, speakers, amplifiers, and subwoofers. The company is investing heavily in research and development. In order to reduce strain on cash, the manage-ment team is compensated mostly through share-based compensation in the current ye...

Four friends – Moana, Avi, Chen and Robin have plans to start a business by combining their individual skills and resources, which will give them a better chance to be successful in their business endeavour.  They realise they will need increased funding for their business (Avi has plans to go global).    They have been advised to visit a Chartered Accountant for advice on how to move forward.   REQUIRED: Using th...

Section 1You are Sarah’s friend. Sarah knows that you have studied Accounting Information Systems so she asks you to manage MK’s accounting during Sophie’s absence. Sarah give you a summary of transactions that need to be recorded in Table below (GST inclusive whereapplicable): DateTransactions1 AprilJames deposited$100,000 cash in the business bank account2AprilPurchased merchandise $13,708on creditfromReliable Distributor3Apri...

Parent Ltd's Acquisition of Equity in Sub LtdParent Ltd acquired equity in Sub Ltd on 1 April 2009. At that date, the identifiable net assets were considered to be fairly valued and the equity of Sub Ltd comprised:   Share capital $700 000 Asset revaluation surplus     45 000 Retained earnings 278 000   $1 023 000     Parent Ltd has reques...

Leilani Tuati is the owner and manager of a wholesale business called Lani Trading which sells bar stools to hospitality venues throughout New Zealand.  Her business is expanding, and a friend has informed her that she needs to prepare a budget before she applies to the bank for a loan.   You offer to prepare a three-month budget for the last quarter of the year so that she will be able to prepare a budget for the whole of the follo...

Scenario DescriptionFor Part A of the assessment you will be required to provide evidence that demonstrates your ability to apply the accounting profession’s code of ethics to a given situation.For Part A Scenario you are to assume the role of an Accounting Technician who has taken on a voluntary role as a Trustee for the local school. The premise of Part A is that you need to present an informative document to the Board of Trustees who ma...

This case study is designed to analyse the debt financing of a listed company. You are expected to write a report of no more than 2 pages that will address the issues below:Instructions:· Pick the same company as you did for the Case study 1 (THE SYNLAIT MILK .LTD) and make sure the company has issued corporate bond in the last 3 years that is listed on NZX.  If the company  has not issued any debt in the last 3 years ,please e...

 NZ King Salmon has equity based incentives for its CEO. The incentive for each year is based on the current year’s EBITDA and the CEO can be awarded shares that are worth up to 30% of their base salary. The shares vest three years after the year they are earned. The financial threshold is set at achieving 100% of the prior year EBITDA, with a maximum target set at 130%. Achievement of the maximum financial target results in a payment ...

Analyze current and recent economic conditionsPart 2: Investment ActivitiesTo better manage the stocks of the two companies you selected in Assignment 2/3 Preparation, Part 2, you will prepare a “top-down” fundamental analysis following the steps below. The top-down approach refers to analyzing the economy and the industries in which the two companies are involved, as well as the companies themselves.1. Analyze current and recent eco...

Question: LEARNING OUTCOMES Upon the successful completion of this assessment, the student should be able to demonstrate the ability to: • Critically assess the benefits and demerits of using variances in decision making • Identify critical links between variances and dysfunctional behaviour of managers • Assess the role of “make or buy decisions” in making strategic business choices. • Calculate key varian...

Course Code   :  B122 |#| retail management and marketing

Course Title   :  retail management and marketing

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4/5 

To complete Part C, use Modules 8, 9 and 10, and the guiding questions in the Business Plan Writer to help you complete the following sections:   A. Financials (20%) a. Start-up Costs (5%) · Are you applying for financing from Futurpreneur Canada? Please indicate the total amount of money supplied by each of your funding sources: owner contributed, Loan A (Futurpreneur Canada), Loan B, and Loan C. How much mone...

Course Code   :  ACCT 490

Course Title   :  Internship in Accounting

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4/5 

Questions 1. “Accounting takes in the process of Identifying, Recording and Communicating”. How would you like to explain the statement? Give support to your answer with examples on Identifying, Recording and Communicating. (3 activity Marks) 2. Explain the concept of double entry system and its relationship with accounting equation.  3. Keenly observe the figure given and give you opinion on the information by answering the q...