EXECUTIVE SUMMARY For every company it is necessary to assess the financial position and financial performance at the relevant intervals of regular period. Secondly the financial statements shall be prepared with transparency in the fair manner so that not only the management but also the users of the financial statements can take the benefit of the same. The report has been framed with...Read More >>
Answers: Part 1 The analysis investigates the relation of credit card charges with Income and house hold size of 50 consumers. Table 1 presents the descriptive statistics of the Income ($000s) and amount charged on the credit card ($) of the client. Table 1: Descriptive statistics for Income ($000s) and Amount Charged ($) Descriptive Statistics Income ($1000s) Amount Charged ($) Mean 43.48 3963.86 ...Read More >>
1. Describe the core business of the company. Provide full details of its different activities and or business segments.2. Discuss the industry that the chosen company operates in. For example, is it a growing or declining industry; which are the main competitors of the company and what are they doing, etc. Ensure you discuss the implications of these factors.3. How the company is funded vis-à-vis internal or external sources? ...Read More >>
Questions 1.On 1 July 2020, PK Ltd issued a prospectus inviting applications for 300 000 ordinary shares, at an issue price of $7, payable $2.50 on application, $1.50 on allotment, and $3 on future call(s), dates to be determined by the directors. By 1 September, applications were received for 310 000 shares with $2.50 paid per share. On 6 September, the directors allotted 300 000 shares. Refunds were made to applicants for 10 000 shares. Share ...Read More >>
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