BUSINESS FINANCE AND MANAGEMENT ACCOUNTING Unit short code : BUSFINACC REFERRAL CW1 ‚ JULY 2012 QUESTION 1 Adjustments | | | | | | | Closing stock = £111 317 | | | | | | Ordinary shares = 300 000 | | Preference shares = 50 000 | | nominal value = £0.5 | | | nominal value = £1 | | | share capital = 300 000* 0.5 = £150 000 | | share capital = £ 50 000 | | ordinary share dividend = 18% | | preference share dividend = 12% | | ordinary dividend = 150 000 * 0
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Report Yang Lu (Fiona)~12131927D Topic 2.2 There are 12‚000 seats in the Hong Kong Coliseum. Last year the pop singer had three concerts in it and his concert ticket cost $500 (assuming that there’s only one fixed price for all seats) and the concerts were sold out. It means that last year the organizer sold 36‚000 tickets for $500 each. This year‚ the organizer still organized three concerts but raised the ticket price to $600 each and there were 2‚000 unsold tickets. Suppose the demand for this
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ACCT101 project Case5-3 1. Electric utility bills Method 1: As everyone knows‚ the electricity meters can be read every month. Therefore‚ in December the company will know the electricity usage of the former 12 months including that of December last year. And the usage of electricity in December this year can be included in the next year’s revenue. Method 2: Strictly speaking‚ the revenue recognized in method 1 is not earned in THIS YEAR. through the method of estimating the electricity usage
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following balances were extracted from the books: £ Capital 150 000 Premises 120 000 Fixtures and fittings 24 000 Provisions for depreciation on: premises 5 000 fixtures and fittings 6 000 Debtors 17 500 Creditors 8 500 Bank 8 000 For the month of March the following summarised transactions occurred: • Credit sales of £28 000 were invoiced to customers. • Debtors paid cheques for £24 300 after being allowed £250 discount for prompt settlement
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manufacture all 200‚000 PC boards now. 40 CHAPTER 4 SOLUTIONS FOR EXERCISES Fixed Cost Molder Variable Successful? Cost Yes Revenue $208 $500 $252 $500 $252 $500 (0.6) Purchase Molder $120 Purchase Cases No $100 Reject Ranger Offer Figure 4.1 $148 $0 Units Purchased Molder Variable Successful? Cost Revenue $208 $500 No $252 $500 Yes $104 $300 $126 $300
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Monitoring report on the Level 3 Diploma for the Children and Young People’s Workforce November 2010 Ofqual/10/4792 Monitoring report on the Level 3 Diploma for the Children and Young People’s Workforce Contents Executive summary .................................................................................................... 2 Recommendations ................................................................................................
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FACULTY OF BUSINESS AND ECONOMICS DEPARTMENT OF ACCOUNTING AND FINANCE ACCG308 2013 session 1 Week 7 Self-Study Solutions Purchase consolidation 1 2 17.1 Define the following terms: holding company‚ subsidiary‚ ultimate parent‚ group entity‚ sub-subsidiary‚ reporting entity and indirect interest. Holding company: A company whose sole activity is to invest in other companies‚ at least one of which is controlled. Also used as a synonym for parent company. Subsidiary: (a) (b)
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(1/7/05) Share capital Business combination valuation reserve General reserve Goodwill Shares in Wombat Ltd Dr Dr Dr Dr Dr Cr 7 500 15 000 6 300 1 500 9 700 40 000 Pre-acquisition entry at 30/6/10: Retained earnings (1/7/09) * Dr 8 550 Share capital Dr 15 000 Business combination valuation reserve Dr 5 250 General reserve Dr 1 500 Goodwill Dr 9 700 Shares in Wombat Ltd Cr * 75%[$10 000 + $2 800 (inventory) – $1 400 (receivables)] 40 000 Transfer from business
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CHAPTER 23 Pure Competition A. Short-Answer‚ Essays‚ and Problems 1. How does pure competition differ from other basic market models? 2. What are some examples of the four different market structures? 3. What are four characteristics of pure competition? 4. How would you describe the demand curve for the purely competitive firm? For the industry? 5. What is the difference between average‚ total‚ and marginal revenue? What is the
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The Glass Ceiling Lack of African American in Executive Positions in Fortune 500 ABSTRACT Recent research proves that African Americans are not given the same opportunities in executives’ positions for Fortune 500 Companies. The lack of African Americans representation in the corporate world is due to is a form of discrimination. The government has accepted a new term called the glass ceiling; there is an invisible barrier that has been place over the ladder movement. The purpose of this study
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