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ChalkBoard supplies–Introduction

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a. Financial Statements – include and summarise the Financial Statements from the Excel document (Income Statement, Balance Sheet, Statement of Changes in Equity) b. Comment on the financial performance AND financial position of the business after its first year of operations. Refer to your included Financial Statements. Did the business make a profit or loss? What policies or strategies might the business consider changing or adopting to increase its future profits? c. Chalkboard Supplies expects to invest in further assets in the coming year. Briefly describe the depreciation methods available and the main differences and benefits of each. Do you recommend they continue with their current depreciation methods? Explain why or why not.  d. The business used the weighted average Perpetual inventory method for FY 2018. What other methods could be used and how might they impact on the financial position of the business at the end of the period?  e. What internal control mechanisms do you recommend (eg Bank Reconciliation; cash controls)?   

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More ChalkBoard supplies–Introduction: Questions & Answers

Q

Research

A medium sized listed company has approached your practice with an unusual request concerning the validity of non-GAAP reporting. A shareholders' group have complained to the company’s management - claiming that the annual report is too complex and contains too many different measures. In part ...

View Answer
Q

Business Management

Request: - Write about 750 words - Just answer the question( No introduction and no conclution) Assume you work in a team of graduates for a large consulting firm. As part of your professional development, you have been asked to select a newspaper / magazine article (written in English) which raises ...

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Management

You will evaluate your company using accounting concepts, ratios or analysis techniques (i.e., correct data, correct formulae, correct calculations, and correct interpretations) as follows:  I. Introduction • Summary of the company of your choice that includes the following elements:   ...

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HI5019 Strategic Information Systems For Business and Enterprise

Task: Purpose: This assignment is designed to assess your level of knowledge of the key topics covered in this unit Unit Learning Outcomes Assessed.: 1. Critically evaluate the purpose and role of accounting information systems in today’s business environment. 2. Articulate the various tr ...

View Answer

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