Income statement: In the case of sole proprietary and partnership concerns there are no prescribed forms of the income statement and balance sheet. Their preparation is also desirable but not compulsory. However‚ they are generally prepared. In the case of trading concern‚ a trading account and in the case of a manufacturing concern‚ a manufacturing account and a trading account can also be prepared. In such a case‚ the account heading is mentioned as follows: Manufacturing/trading and profit and
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conservatism ? Why is it also called the concept of prudence? Why is it not applied as strongly today as it used to be in the Past? Question 1(b) What is a Balance Sheet? How does a Funds Flow Statement differ from a Balance Sheet? Enumerate the items which are usually shown in a Balance Sheet and a Funds Flow Statement. Question 2(a) Discuss the importance of ratio analysis for inter-firm and intra-firm comparisons including circumstances responsible for its limitations. If any Question 2(b) Why do you
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Financial Statement Analysis Bakrie Telecom Author: Mohamad Iswan MME 153072016 Individual Assignment MAKI 503 ’ ACCOUNTING FOR MANAGERS Faculty Member: Dr. Binsar H. Simanjuntak Ak.‚ MBA‚ CMA Date: April 25‚ 2008 Prasetiya Mulya MM PROGRAM MAJOR IN STRATEGIC MANAGEMENT Batch 33 Table of Contents Preface 1 Analytical Measures 1 Company Profile 3 Short-term Liquidity Analysis 4 Current Ratio 4 Quick Ratio 4 Amount of Working Capital 5
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Analysis of Cash Flows Statements By Song Hanxiao Pace University – New York Campus MBA 640‚ 72052 Fall 2011 John Paul Required Research Paper Contents Abstract --------------------------------------------------------------------------------------------------------3 | I. Introduction of importance of Cash Flows statements -------------------------------------4 | II. Function of Cash Flow Statements -----------------------------------------------------------5
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information was taken from the 2006 financial statements of pharmaceutical giant Merck and Co. All dollar amounts are in millions. Retained earnings‚ January 1‚ 2006 $37‚980.0 Materials and production expense 6‚001.1 Marketing and administrative expense 8‚165.4 Dividends 3‚318.7 Sales revenue 22‚636.0 Research and development expense 4‚782.9 Tax expense 1‚787.6 Other revenue 2‚677.1 Hint: Prepare income statement and retained earnings statement. (SO 4) Instructions (a)
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Instructor’s Manual – Discussion Questions Table of Contents Table of Contents...........................................................................................................3 Chapter 1 A Framework for Business Analysis Using Financial Statements................4 Chapter 2 Strategy Analysis...........................................................................................7 Chapter 3 Overview of Accounting Analysis ..............................................................16 Chapter
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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 activities. e. is both "deducted from net income to obtain net cash inflows" and "the source of all investing
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CHAPTER 23 Statement of Cash Flows ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics|Questions|Brief Exercises|Exercises|Problems| Concepts for Analysis| 1.|Format‚ objectives purpose‚ and source of statement.|1‚ 2‚ 7‚8‚ 12||||1‚ 2‚ 5‚ 6| 2.|Classifying investing‚ financing‚ and operating activities.|3‚ 4‚ 5‚ 6‚ 16‚ 17‚ 19‚24|1‚ 2‚ 3‚ 6‚ 7‚ 8‚ 12|1‚ 2‚ 10||1‚ 3‚ 4‚ 5| 3.|Direct vs. indirect methods of preparing operating activities.|9‚ 20|4‚ 5‚ 9‚ 10‚ 11|3‚ 4||5| 4.|Statement of cash flows—
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Original Mission Statement: “My mission is to try my best into all my endeavours‚ to make a positive difference in the lives of those around me‚ and to embrace life as a grand adventure.” Revised Mission Statement: “My mission is to find purpose in meaningful endeavours‚ to make a positive difference in the lives of those around me‚ and to embrace life as a grand adventure.” When I wrote this mission statement in HROB*2010‚ I was motivated by my recent exchange to Australia to incorporate my life
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A Comparative Analysis of the Grocery Chains: Whole Foods Market and Kroger Co. Liz Broxton Sharon Neely Joyce White Columbia College Abstract The purpose of this paper is to conduct a comparative analysis of two grocery chains‚ Whole Foods Market and Kroger Co. Research material obtained from each company will allow judgments to be made concerning potential investment decisions. This study will focus on financial statements such as the income statements‚ balance sheets and cash
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