FINANCIAL ACCOUNTING AND ANALYSIS Accounting : “The art of recording‚ classification‚ summarizing‚ analyzing‚ and interpretation of business transactions” Objectives: To know the profit or loss To know the financial position Limitations: Record only monitory transactions Record only historical information No real information Accounting terms: Business transaction: Any exchange of money or money worth as goods &services between two parties is called a business transaction. Capital:
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FINANCIAL ANALYSIS (HOTEL INDUSTRY) [pic] [pic] [pic] By Donnabelle Pineda and Marge Javillonar Managerial Accounting ADB-MBA Program‚ Batch 10 Submitted to: Prof. Ricardo Palo Date: 4 August 2010 I. Hospitality Industry The hospitality industry is a trillion dollar service sector within the global economy. The industry covers a broad variety of service industries including‚ but not limited to‚ hotels‚ food service‚ casinos‚ and tourism. This
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UNIT IV Internal Environment: Strength and Weaknesses 1. Marketing Distinctive marketing campaigns have been a strategy of Apple to attract customers and to spread the information among them. Television commercials‚ Print Advertisements‚ Posters in Public areas and wrap advertisement campaigns have been successful ways of outshining the new product. Apple continues to command a market premium for producing a “better mousetrap” throughout its history. Steve Jobs personally unveils all new product
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d. both "cash dividends" and "the sale of old equipment". e. both "cash dividends" and "the purchase of long-term assets". 6. Your answer: Multiple Choice 15-6 The difference between the beginning and ending cash balances shown on the balance sheet a. is added to net income to obtain total cash inflows. b. serves as a control figure for the statement of cash flows. c. is deducted from net income to obtain net cash inflows. d. is the source of all investing and financing
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E2-1‚ 2‚5‚7; P2-2A‚ 4A E2-1. The following are the major balance sheet classifications: Current assets (CA Long-term investments (LTI) Property‚ plant and equipment (PPE) Intangible assets (IA) Current liabilities (CL) Long-term liabilities (LTL) Stockholders’ equity (SE) Classify each of the following financial statement items taken from Mordica Corporation’s balance sheet. CL Accounts payable CA Accounts receivable PPE Accounts depreciation-equipment PPE Buildings CA Cash CL Interest
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additionally for “Baron”. 2. What financial statements should we prepare? Solution: The financial statements which should be prepared are as following: Income Statement Statement of Retained Earnings Statement of Cash Flows Balance Sheet 3. What period do these statements cover and why (e.g.‚ year‚ quarter‚ month‚ etc..?) Solution: The statements will cover two quarters. 1st Quarter – Summer: When the farmers will grow the wheat. 2nd Quarter – Fall: When the wheat will
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this assignment‚ I will base my decision as if I were seeking a long-term capital gain investment. Our choices of financial statements covered in Chapters 4 & 5 are the income statement‚ balance sheet and the cash flow statement. With only one statement to choose from‚ it would be necessary to use comparative statements. The income statement helps to predict future cash flows by evaluating the past performance of the company to its competitors and predicting future success by comparing revenues
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Ess Publications‚ New Delhi Pandey‚ I.M. | Management Accounting‚ Vikas Publishing House Pvt. Ltd.‚ New Delhi‚ 1997. | Porwal‚ L.S. | Accunting Theory- An Intrduction‚ Tata McGraw- Hill Publishing Company Ltd.‚ New Delhi‚ 1999. | Rao‚C.R. | Balance Sheet-How True and Fair‚ Brahmi Publishers‚ Banglore‚ 1991. | Rao‚ P.Mohan | Corporate Social Accounting and Reporting‚ Deep & Deep Publication Pvt.Ltd‚ New Delhi‚ 1999 | Singh‚ Avtar | Company Law‚ Eastern Book Company‚ Lucknow‚ 1998. | Sharma
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practices through financial statement analysis‚ provides help to decision makers to take decision. There are various forms of Accounting models which is of great help example if the financial statements for an organization is made statements like Balance Sheet‚ Profit and loss Account etc it helps the organization out to makes its stand in the market Financial analysis is the processes of extracting decision-making information from the existing knowledge such as financial statements‚ thus the main
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Assignment On Financial Statements & Analysis Of CMC Kamal Textile Mills Ltd. Date Of submission: 7th September 2011 Assignment On Financial Statements & Analysis Of CMC Kamal Textile Mills Ltd. Submitted To- Md. Amdadul Haque Submitted By- Sharmin Sultana 08093101019 Samir Mohammad Renat 08093101022 Urmi Adhikary 08093101040 Shanchita Noor(18th Intake) 08092101001 Bangladesh University of Business & Technology (BUBT) Dhaka Commerce College
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