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Required text(s) Deegan, C 2016, Australian financial accounting, 8th edn, McGraw Hill.North Ryde, NSW. Instructions Refer to the Unit Outline for other instructions. The assignment has to be typed, double-spacing. There are ten (10) questions to be completed for this assessment. Ensure that you answer all questions. Each question is worth 10 marks totaling 100. The final marks will be converted to 20% All questions are selected from your prescribed textbook: FINANCIAL ACCOUNTING 8 e – Craig Deegan The rubric (appendix 1) has the assessment criteria. Generally, the evaluation criteria: • Accurate numerical answers • Clarity of communication and analysis supported if applicable by Australian/International Accounting Standards • Correct referencing and bibliographic style-all source material is appropriately cited in the assignment and presented correctly in the reference list.

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Question 1 (10 marks) Exports Ltd sells goods to a company based in the United States on 1 April 2017. The invoice is denominated in the US dollars, and is $US750 000. The invoice will be due on 31 May 2017. The amount is guaranteed by a local bank so the payment is certain. The sport rate of the da ...

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Question 1 An annuity is payable continuously for 𝑛 years. The rate of payment is constant through each year and is as follows: 1 unit per annum during the first year; 2 units per annum during the second year; 3 units per annum during the third year; and so on. Show that the present v ...

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