Summary Purposes of the Balance Sheet 1. A balance sheet‚ or statement of financial position‚ summarizes the financial position of a company at a particular date by reporting the economic resources (assets)‚ the economic obligations (liabilities)‚ and equity. It reports a company’s resource structure (major classes and amounts of assets) and its financial structure (major classes and amounts of liabilities and equity). It is a detailed explanation of the basic accounting equation: Assets =
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FINANCIAL STATEMENT ANALYSIS ACC-504 Instructor: Dr. Kumail Rizvi 1 21/5/2013 Kumail Rizvi‚ PhD‚ CFA‚ FRM INCOME STATEMENT Grouping of the expenses 21/5/2013 Grouping by Nature Grouping by Function Kumail Rizvi‚ PhD‚ CFA‚ FRM Formatting Multi-step format (GP Subtotal) Single-Step format (No GP subtotal) 2 REVENUE 21/5/2013 Profit = Income – Expenses “Income is increases in economic benefits during the accounting period in the form of inflows
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Cash equivalents are defined by IFRS as (Points : 2) cash on hand. demand deposits. cash on hand and demand deposits. short-term‚ highly liquid investments that are readily convertible into known amounts of cash. | 5. All of the following actions would strengthen internal control over a petty cash fund except (Points : 2) surprise counts by a supervisor. cancellation of paid vouchers. submission of supporting documents. multiple petty
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Chapter 11 balance sheet hedge. Reducing foreign exchange (FX) exposure by varying the mix of a firm’s foreign currency assets and liabilities. Economic exposure. The effect of FX rate changes on a firm’s future costs and revenues. Exposure management. Structuring a company’s affairs to minimize the adverse effects of exchange rate changes on earnings. net exposed asset position. An excess of exposed assets over exposed liabilities (also called a positive exposure). net exposed liability position
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edocs are the most important issues for Guerster. These issues will directly influence his proportionate ownership of edocs. 3) What is ’liquidation preference/participation?’ Both in general‚ and specifically in the proposed term sheet. Compare the term sheet to M-Y: what type of security (CP‚ RP‚ PCP) is this? A liquidation preference tells an investor where she stands in the capital structure hierarchy. When there have been multiple rounds of investment‚ it is common for the latest-round
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FORMULA SHEET – for student reference only Perpetuity: The value of a perpetuity of $RM1 per year is: Equivalent Annual Cost: If an asset has a life of ‘t’ years‚ the equivalent annual cost is: Annuity: The value of an annuity of $RM1 per period for t years (t-year annuity factor) is: Measures of Risk: Variance of returns = σ2 = expected value of Standard deviation of returns‚ σ = Covariance between returns of stocks
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CCS Description Type IT237 March 22‚ 2012 Prof. Brooke CCSD Cascading Style Sheets‚ also referred to as‚ CSS are created so developers are able to separate the design from the content. This process allows HTML to do the markup of the content and the developer does not have to worry about the layout. CSS are separated into one of three different categories‚ which are as follows: external‚ embedded‚ and inline CSS. Each type of CSS has pros and cons‚ it really depends upon the situation
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HSE information sheet Cement Construction Information Sheet No 26 (revision2) skin contact with a sensitiser‚ the more it will penetrate the skin‚ and the greater the risk of sensitisation will become. Therefore‚ if cement is left on the skin throughout the working day‚ rather than being washed off at intervals‚ the risk of contact sensitisation to hexavalent chromium will be increased. Introduction Cement is widely used in construction. Anyone who uses cement (or anything containing
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Heat of Fusion Report Sheet Data Intial volume of water in the styrofoam cup (before the ice was added) (mL) 100 Final volume of water in the styrofoam cup (after the ice melted) (mL) 145 Volume of water due to melted ice (mL) 45 Mass (g) melted ice 45 Initial temperature (°C) of the water placed in the styrofoam cup 47.3 Minimum temperature (°C) after the ice was melted 45 Calculations 1. The amount of liquid water placed in the cup was _____100_______ mL. Assume that
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CASCADING STYLE SHEETS CSS or Cascading Style Sheets allow you to control your page layout or a simple way to add style (e.g. font‚colors‚spacing). HTML deals with structure while CSS deals with style. With CSS‚you will recognize some similarities with HTML attribute names and values. But in CSS‚ you will use curly braces { } colons : and semi colons ; and you will use selectors and declarations. Good HTML and CSS writing practice it to test one body or block of the codes at a time‚instead of writing
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