ACT 202: INTRODUCTION TO MANAGERIAL ACCOUNTING INSTRUCTOR: MR. RAKIBUL HASAN LECTURER‚ SCHOOL OF BUSINESS NORTH SOUTH UNIVERSITY PREPARED BY: NAME SAJEDUL HAQUE NAZIA NADVY CHOUDHRY ANIKA SULTANA ID# 1120359030 1111087030 1120416030 SECTION 11 11 11 Page | 1 ASSIGNMENT TOPIC: A MASTER BUDGET FOR A MANUFACTURING LOCAL STORE SELECTED STORE NAME: SHOJIB TEA STALL LOCATION: GANDARIA‚ GANDARIA RAILWAY STATION DATE OF SUBMISSION: 21ST DECEMBER‚ 2012 Page | 2 Letter of Transmittal
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Lecture 1 – Corporate Financial Reporting and Revision LECTURE OUTLINE Outline the nature and characteristics of companies Describe the sources of corporate financial reporting in Australia Identify which entities need to prepare financial reports that comply with accounting standards Account for share issues and dividends Account for asset revaluations and asset impairment Nature of Companies Type of organization established under the cooperation’s act 2001 Legal capacity and powers
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Identify the entries associated with acquisition‚ disposal‚ and sales of plant assets. Distinguish between tangible and intangible assets. Differentiate between accounts payable‚ notes payable‚ and accrued expenses. Calculate depreciation and amortization expense using various methods. Distinguish between revenue and capital expenditures‚ and the entries associated with each. Business - Accounting ACC 291 All Week 2 Assignments - Individual WileyPlus assignment
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In brief‚ the complaint says the company’s revenues were not growing fast enough to meet its earnings targets‚ so the defendants instead resorted to improperly eliminating and deferring current period expenses. Specific tactics: * Avoiding depreciation expenses on their garbage trucks by both assigning unsupported and inflated salvage values and extending their useful lives. * Assigning arbitrary salvage values to other assets that previously had no salvage value. * Failing to record
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expected to improve gross margin (before depreciation and energy saving) from 11.5% to 12.5%. The engineering group at Merseyside was highly confident that efficiencies would be realized. Merseyside currently produced 250000meteric tons of polypropylene averaged Pound 541 per ton. The tax rate required is 30%. Morris discovered that any plant facilities which are to be replaced had been completely depreciated. New asset could expect to have life of 15years. Depreciation can be charged on the basis of straight-line
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Contents Introduction1 Fundamental Analysis1 Prospect Analysis3 Financial Analysis4 Investment Analysis4 Operating Policy7 Conclusion8 Appendix Introduction Ocean Carrier Inc. owned and operated cape-size dry bulk carriers worldwide. Major Cargo type is iron ore and coal. Vessel sizes are 80‚000 DWT to 210‚000 DWT. Cape-size carriers travel around Cape Horn rather than the Panama Canal due to size constraints. The cargo operations include maintenance‚ repairs‚ insurance‚ supplying of
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ACC3120 Advanced financial accounting Week 11 Tutorial: Extractive Industries 1 HPHAH‚ chapter 20‚ question 1 Outline the five phases of a company’s operations in the extractive industries. Answer: It has been suggested that there are five identifiable phases in the discovery and recovery of minerals‚ oil and natural gas. Four of these phases are “pre-production” phases‚ which means that they occur before production begins. The pre-production phases are exploration‚ evaluation‚ development and
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Tangible Fixed Assets OBJECTIVE SCOPE DEFINITIONS RECOGNITION Initial Costs Subsequent Costs MEASUREMENT AT RECOGNITION Elements of Cost Measurement of Cost MEASUREMENT AFTER RECOGNITION Cost Model Revaluation Model Depreciation Depreciable amount and depreciation period Depreciation method Impairment Paragraphs 1 2-5 6 7-15 11-12 13-15 16-30 17-23 24-30 31-66 32 33-43 44-63 49-60 61-63 64 2 Compensation for Impairment DERECOGNITION DISCLOSURE TRANSITIONAL PROVISIONS APPENDICES A. B. Comparison
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To: CFO of Athina Building Supplies Ltd. From: IV Consulting Group’s consultants- Purpose: Recommendations for the CFO of Athina Building Supplies Ltd. We are writing to you on behalf of IV Consulting Group after closely examining the financial statements of your national retail and commercial building supplier chain‚ Athina Building Supplies Ltd.’s. We have stumbled upon several issues‚ which will be discussed in detail below. We have prepared an insightful report on our findings and recommendations
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Case Questions: 1. Option #3 suggests Stryker Corporation to build its own facility to manufacture its own PBCs. Under the current situation that some contract manufacturers have weak performance in quality and delivery‚ the benefits of this option are obvious as following: First of all‚ option #3 promised the highest degree of control over quality and delivery‚ which can solve the major problem that Stryker has faced with recently. On the other hand‚ self-manufacturing offers an opportunity
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