Accounting: Topic 6: Analysis And Interpretation Of Financial Statements (Part 2) Capital Structure Analysis Proportion of debt financing relative to equity financing (=gearing or leverage) * Reflects the entity’s financing decisions * Investments in assets are funded externally by liabilities‚ or internally by owner’s as shown in accounting equation (A=L+OE) Debt to equity ratio: Total liabilities/ Total equity x 100=x% Debt ratio: Total liabilities/ Total asset x 100=x%
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Anna Nicole Smith (born Vickie Lynn Hogan) (November 28‚ 1967 – February 8‚ 2007)‚ was an American model‚ actress‚ and television personality. Smith first gained popularity in Playboy‚ becoming the 1993 Playmate of the Year. She modeled for clothing companies‚ including Guess jeans and Lane Bryant. Smith dropped out of high school at age 15 and was married in 1985. Her highly publicized second marriage to oil business mogul‚ J. Howard Marshall‚ 62 years her senior‚ resulted in speculation that
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The formation of the debit and credit concept In this simplified form we can begin to see what the mathematician and Father of Accounting (Luca Pacioli) saw in 1494 when he codified the double-entry bookkeeping system. It is his codified system that outlined the rules for applying debits and credits when recording the financial transactions of a business in the double-entry bookkeeping system. Now remember that Luca’s book in 1494 was written and published in Latin and at a time when the concept
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Associate Level Material Critical Analysis Forms Fill out one form for each source. Source 1 Title and Citation: Arms Trade (http://www.nhs.uk/chq/Pages/867.aspx?CategoryID=73&SubCategoryID=103) 1 Identify the principal issue presented by the source. Arm dealing amongst other countries that contribute to exporting. 2 Identify any examples of bias presented by the author. If none exist‚ explain how you determined this. “The shift in position by the world’s biggest arms
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1.3‚1.4‚2.1‚2.2‚2.3‚3.1‚3.2‚3.3‚4.1‚4.2‚4.3 1. In tabular format‚ produce a profile of the lifelong learning sector with analysis of its scope and nature; to include: a) Analysis of the ways in which areas of the lifelong learning sector differ from other sectors b) Definition and evaluation of the roles of key relevant agencies which contribute from within the sector c) A glossary of terms used within the sector‚ with a critical analysis of their relevance to learners. 2. Critically review
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3.0 Variance Analysis 3.1 Flexible-Budget Variance Analysis In Barnes Scuba Diving case‚ the main comparison for the flexible-budget variance analysis would be between the actual results and flexible budget. Static budget would not be useful for this comparison due to the different sales unit output which may result in a misleading and inaccurate result comparison. With reference to the Flexible Budget Section attached in Annex X‚ Flexible-Budget Variance for Revenues was identified to be a favourable
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Contrary to many people’s thoughts about seasons‚ summer is not due to the Earth being closer to the sun and vice versa for winter (these differences are extremely small). The Earth moves around the sun anti-clockwise in an elliptical orbit‚ with one revolution representing a year (365.256 days). To complete the orbit‚ Earth travels at an approximate speed of 67‚000 miles an hour. While we are orbiting around the Sun‚ we are also rotating around an imaginary axis of the earth‚ with one revolution
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Immanuel Kant’s moral theory can be best explained by comparing it to a math equation. Kant’s moral system will always hold true no matter what the circumstance just like how two plus two will always equal four. According to Kant‚ our lives should be lived according to maxims that can be willed into universal law (Kant‚ Fundamental Principles of the Metaphysic of Morals‚ p 303). However the action regarding a moral decision is not judged by the consequences of that action‚ rather by the motive
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JOHN WILEY & SONS‚ INC. New York / Chichester / Brisbane I Toronto I Singapore Copyright 1991 by John Wiley & Sons‚ Inc. All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system or transmitted in any form or by any means‚ electronic or mechanical‚ including uploading‚ downloading‚ printing‚ decompiling‚ recording or otherwise‚ except as
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Solving systems of linear equations 7.1 Introduction Let a system of linear equations of the following form: a11 x1 a21 x1 a12 x2 a22 x2 ai1x1 ai 2 x2 am1 x1 am2 x2 a1n xn a2 n x n ain xn amn xn b1 b2 bi bm (7.1) be considered‚ where x1 ‚ x2 ‚ ... ‚ xn are the unknowns‚ elements aik (i = 1‚ 2‚ ...‚ m; k = 1‚ 2‚ ...‚ n) are the coefficients‚ bi (i = 1‚ 2‚ ...‚ m) are the free terms
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