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    Nano Brewery 1 Evaluation of the Nano Brewery MBA Foundations Course Patten University James P. McQuiston Abstract The Nano Brewery is a very small business that has been operating for two years. The two owners have found that demand for their product has outstripped their ability to supply it. They are considering expanding their company to meet this demand. We will analyze their financial performance and evaluate broader environmental factors before providing a recommendation on company expansion

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    Reorganization and Troubled Debt Restructuring 135 CHAPTER 8 MULTIPLE CHOICE ANSWERS AND SOLUTIONS 8-1: a Trade accounts payable (P52‚000 + P62‚700) P114‚700 12% preferred stock (5‚000 x P1) P  5‚000 Paid in capital in excess of par (5‚000 x P9) 45‚000 Cash (P62‚700 x P0.80) _50‚160 _100‚160 Gain from discharge of indebtedness P  14‚540 8-2: c 8-3: c 8-4: b Carrying value of the

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    increase the owner ’s equity through solid revenues.   These revenues increase assets or proceed to decrease the business liabilities.   In the case shown above‚ for M.M. Smiths Company‚ the total amount of assets consists of $211‚500‚ while liabilities are listed at $30‚000.   However‚ the owner ’s capital is $181‚500.   Therefore‚ the loan assistant would subtract the total liabilities from the owner ’s equity and assets.   This amount would be $363‚000.00. In the case shown above‚ for Full service

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    (Less) accum depreciation Total Net Fixed Assets Other Assets Total Assets Liabilities and Stockholders’ Equity Current Liabilities Accounts Payable Notes Payable - banks Income Taxes Payable Current Installments - lt debt Total Current Liabilities Long Term Debt Term Loan Notes Payable to Bank Total Liabilities Stockholders’ Equity Common Stock Additional Paid in Capital Retained Earnings Total Stockholders’ Equity Total Liabilities and Equity 6/30/86 9/30/86 12/31/86 3/31/87 156 1‚556

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    Equity= assets - liabilities current assets current liabilities cash ! inventories ! acc receivable ! equipment ! plant accounts payable ! ! fixed assets long-term liabilities long-term debt ! total shareholders equity stock ! retained earnings ! total assets x total liabilities + equity x Figure 2 example of a balance sheet    Financial snapshot: 1 moment in time  Assets against the claims    Liability: obligation to deliver something of value in the future 

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    formula that represents the relationship between the assets‚ liabilities‚ and owner ’s equity of a small business. Businesses use this to basically show what it owns what it owes and what its investors are investing. In order to understand these concepts it is important to have some knowledge of what is meant by each of the three basic components mentioned. “Assets refer to the worth of goods or products in the possession of the owner. Liabilities represent the amount of cash or resources that were borrowed

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    shown as a percentage of revenue. Similarly‚ balance sheet is common-sized as follows : • Total of assets side or total of liability side is taken as hundred. • Each item of asset is expressed as percentage of total asset total of capital and liabilities. • Each item of the liability side is also expressed as a percentage of total assets or total of capital and liabilities. USEFULNESS OF COMMON-SIZE FINANCIAL STATEMENT ANALYSIS • Inter-firm comparison becomes more meaningful when financial statement

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    The impact of changing from Chinese GAAP to IFRS Name: Si Chen H00121138 Module: Coursework Assessment Abstract In the 21st century‚ economic globalization has become an investible trend. With the rapid growth of economic globalization and the growth of international capital markets‚ international accounting convergence has become an irreversibly realistic issue for countries

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    are three ways to analyze financial statements there is the vertical analysis‚ which uses the base percentage to express the assets or liabilities and stockholders’ equity. Horizontal analysis or the trend analysis is how someone can evaluate the financial statement over a period. With this method‚ one can determine an increase or decrease in assets liabilities or stockholders equity. This can be done in percentage or totals Horizontal analysis is used primarily with an intercompany comparison

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    Accounting information

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    Assets Liabilities Current Liabilities Accounts payable Unsecured loan payable Total Current Liabilities 2 400 4 800 12 000 24 000 7 200 6 000 18 000 30 000 36 000 600 3 600 6 000 54 000 61 200 21 600 31 200 10 200 46 200 4 800 7 200 52 800 12 000 ---- ---- Total Liabilities 52 800 12 000 Net Assets Owner’s Equity 8 400 34 200 Capital Total Owners’ Equity 8 400 8 400 34 200 34 200 Non-current Liabilities

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