2 Company Operations Tutorial Solutions Chapter 3 Company operations Review Questions 11. When do dividends become a legal debt of the company? When are they to be recognised as liabilities? Where a company has a constitution that provides for directors to declare a dividend‚ then a dividend becomes a debt of the company once the dividend is declared. Where no such statement exists in a company’s constitution‚ then the debt will only arise when the time for payment of the dividend arrives. However
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ANSWERS TO QUESTIONS 1. Examples are: (a) Payment of an accounts payable. (b) Collection of an accounts receivable from a customer. (c) Transfer of an accounts payable to a note payable. 2. Transactions (a)‚ (b)‚ (d) are considered business transactions and are recorded in the accounting records because a change in assets‚ liabilities‚ or owners’/stockholders’ equity has been effected as a result of a transfer of values from one party to another. Transactions (c) and (e) are not business
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footprint with access to key accounts in the multinational space. Their ability to wrap a legacy migration project with new Java development or integration with other COTS applications is important for large scale projects Cognizant Technology Solutions Corporation provides information technology (IT)‚ consulting‚ and business process outsourcing services worldwide. The company operates through four segments: Financial Services; Healthcare; Manufacturing‚ Retail‚ and Logistics; and Other. It offers
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Business and Econ Statistics solutions CHAPTER 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment ANSWERS TO REVIEW QUESTIONS 1-1 The explosion in e-commerce will affect managerial accounting in significant ways. One effect will be a drastic reduction in paper work. Millions of transactions between businesses will be conducted electronically with no hard-copy documentation. Along with this method of communicating for business transactions comes the very
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To make a standard solution Apparatus: Volumetric flask Method: 1) 2.4g to 2.5g of sulphamic acid was weighed out‚ firstly by weighing the container and the sulphamic acid together‚ then pouring the sulphamic acid into a beaker. The container was then weighed again and the initial weight and the weight of the container alone were subtracted from one another to provide the mass of the sulphamic acid. 2) The sulphamic acid was then dissolved in 50cm³ of distilled water‚ using a glass
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11 Service Department and Joint Cost Allocation Solutions to Review Questions 1. Companies allocate costs to estimate or assess the costs of their activities (products‚ processes‚ etc.). It is an estimate and subject to the problem that cost allocation contains an arbitrary element. Not allocating costs‚ however‚ is also an estimate—an estimate of zero. This may be appropriate for some decisions‚ but not for others. Some of the disadvantages (costs) include: (1) Additional
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Kwankamon Thanadkah [Lux] ID : 5380190‚ ECII Section : 4 Solution of Russia’s Corruption In the article “Russia’s culture of corruption easier to accept than fight”‚ written by Kirill Kabanov on 11th May 2011‚ Kabanov argued that a corruption in Russia can hardly be solve‚ but we can understand the way of Russia’s culture of corruption. The best way to solve the corruption problem is to get a help from publics. I agree with Kirill Kabanove about this‚ Therefore‚ this essay will provide you more
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operating independently. b. Estimate the value of Northrop‚ operating independently. c. Estimate the value of the combined firm‚ with no synergy. d. Estimate the value of the combined firm‚ with synergy. e. How much is the operating synergy worth? Solution: Synergy Gain = $7‚479 - $5‚879 = $1‚600 (Firm Value = FCFF1/(WACC - g) Q.4. In the Grumman-Northrop example‚ described in the previous example‚ the combined firm did not take on additional debt after the acquisition. Assume that‚ as a result of
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Proposed solutions[edit] Several solutions have been put forward to both increase the amount of legally available organs and staunch the flow of illegal trafficking around the globe. Policies of presumed consent have been successful in various countries such as Brazil‚ the United States‚ and several nations of Europe. These policies can be either opt-in or opt-out. In a nation with an opt-out policy‚ consent for organ donation is presumed upon death‚ although one can choose not to donate by submitting
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the governments . As a result people would have proper qualifications for types of jobs available. Furthermore‚ the states ought to take care of those who are out of employment and do not leave them alone‚ especially do not let them let go. A good solution would be to create a kind of groups of support that could have a motivating and supervisory function at the same time. People would feel more confident‚ motivated and they would share with each other their problems‚ hopes and ideas. One final suggestion
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