This report is constructed as follows: section I introduces the selected firm briefly; section II and III gives projected income statement and balance sheet; section IV demonstrates how we calculate FCF‚ followed by firm value estimation; section V provides a sensitivity analysis of firm value to sales growth rate‚ FCF growth rate in second stage and WACC. I Company Profiles Johnson & Johnson is a U.S. multinational medical devices‚ pharmaceutical and consumer packaged goods manufacturer founded
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In the corporate annual report‚ a statement reporting the independent auditor’s opinion was included. This opinion shows that the auditor has reviewed the internal controls over financial reporting and it also audits the consolidated financial position of Monsanto. The auditors express the fact that they are independent from Monsanto which means that the report is not coming from someone within the Monsanto Company. This is also important because it means that the report will not be biased and
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ANSWER SHEET STUDENT’S SURNAME........................................... OTHER NAMES.......………......................................... STUDENT NUMBER....……….................................. TUTORIAL DAY & TIME........………................... TUTOR’S FULL NAME......................................... Test 1 – Version 2 Session 2‚ 2012 Course Code: ACCG 224 Course Name: INTERMEDIATE FINANCIAL ACCOUNTING Time allowed: 55 minutes plus 5 minutes reading time Total No. of questions:
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direct write-off method. c. percentage of receivables method. d. percentage of sales method. 2. Using the percentages of receivables method for recording bad debts expense‚ estimated uncollectible accounts are $25‚000. If the balance of the Allowance for Doubtful Accounts is $8‚000 debit before adjustment‚ what is the amount of bad debts expense for that period? a. $25‚000 b. $8‚000 c. $33‚000 d. $17‚000 Objective: Distinguish between tangible and intangible assets. 3. Copyrights
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Ancillary for Understanding Taxation Law 2012 by Gilders‚ Taylor‚ Walpole‚ Burton and Ciro Understanding Taxation Law 2012 by Gilders‚ Taylor‚ Walpole‚ Burton‚ Ciro Suggested answers to Activities and Questions by Tony Ciro Chapter 10: Capital Allowances © 2012 Reed International Books Australia Pty Limited trading as LexisNexis Permission to download and make copies for classroom use is granted. Reproducing or distributing any material from this website for any other purpose requires written permission
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change in principle. T 7. Indirect effect of an accounting change. T 8. Retrospective application impracticality. F 9. Reporting changes in accounting estimates. T 10. Change in principle vs. change in estimate. F 11. Accounting for change in depreciation method. F 12. Accounting for change in reporting entities. T 13. Example of a change in reporting entities. F 14. Accounting error vs. change in estimate. T 15. Accounting for corrections of errors. T 16. New principle created by FASB standard
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Sauder School of Business COMM 293 Midterm Examination Question Booklet Answer all questions in the other (answer) booklet‚ this booklet WILL NOT BE REVIEWED FOR GRADING PURPOSES Time: 110 minutes Total Marks: 100 No programmable calculators are permitted. Please show all calculations in an orderly and clear format for part marks. Time management is crucial. Be sure to attempt each question. No questions will be permitted during this examination. If you need to make an assumption‚ state it and
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Course Instructor Professor Goh Beng Wee Team Members Ng Si Yong Lo Yeow Fong Charissa Sim Yik Jia Qi Ong Shu Fang acct103-G4 Analysis of Popular Holdings Limited Financial Accounting Term Project (for OBHR 001 – Leadership and Teambuilding) Executive Summary Popular Holdings is a main board listed company in Singapore. It was incorporated in Singapore on 5 October 1996 as a private company under Popular Holdings Limited and the principal activity is that of an investment holding
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maximization 8) All of the following compose cost of goods sold except ________________. All of the above are part of cost of goods sold 9) Calculate the EBIT for a firm with $4 million total revenues‚ $3.5 million cost of goods sold‚ $500‚000 depreciation expense‚ and $120‚000 interest expense. $0 10) All of the following except one are tax-deductible expenses. Common stock dividends PART II (52 POINTS) 1) ( 12 POINTS) Classify the following balance sheet items as current (C) or
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Questions for Consideration When Preparing Cases Riley Supply 1. Use a spreadsheet program such as excel. Keep all numbers for a particular year in the same column. 2. Prepare two indirect statements of cash flows. One for 2004-2005 and one for 2005-2006. 3. Calculate common sized income statements for each year. 4. Calculate all financial ratios. Use “A Basic Set of Financial Ratios” from Desire2Learn as a guide. 5. Identify the major factors influencing Riley’s cash flow. Use the cash flow statements
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