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DBN609 Project And Financial Management1

tag 0 Download 17 Pages / 4,188 Words tag 10-07-2020
  • Course Code: DBN609
  • University: Aspire2 International
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  • Country: New Zealand

Question:

  1. a) On the basis of the above financial information, Prepare following financial statements:
  1. i) Annual Purchase Budget.
  2. ii) Annual Operating Expenses budget for the year

iii) Abbreviated budgeted income statement of Aluminium Windows Trading for the year; (Hints-Use individual tax rate for the income statement of Sole Proprietor)

  1. iv) Suppose, Aluminium Windows Trading is formed into a limited liability company. Prepare the abbreviated budgeted income statement for the year.(Use company tax rate for the Company)
  1. b) As a consultant, are you recommending him to form a limited liability company? If yes/no, please explain with proper reasons. To answer this question, you need to discuss two financial & two nonfinancial benefits/indicators.
 
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Total 17 pages

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