1. Functions of departments in Thanh Dung Company * BOD: The main function of the board is to manage the business in the best interest‚ primarily of the shareholders. In other words it is their duty to add value to the business which‚ by definition‚ requires the director to ensure that the Thanh Dung Company continues to improve its profitability and the price or value of its shares. They will set up targets‚ policies and strategies to create the premise for the operation of Thanh Dung Company
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Any violations of bond restrictions or covenants must be disclosed. Bonds are reported at face value less unamortized discount or plus unamortized premium. The current portion (due within a year) is reported as a current liability‚ the remainder is reported as a long-term liability. Notes payable are sums of money borrowed by a company that are evidenced by a promissory note. Notes payable have a specified maturity date and generally have a specified interest rate. Notes payable that do not have a
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------------------------------------------------- ------------------------------------------------- Contact ------------------------------------------------- Abdullah Mohamed ------------------------------------------------- Tel : 011 464 2398 ------------------------------------------------- SouthernSun@travel.co.za ------------------------------------------------- www‚SouthernSun.com ------------------------------------------------- Golden Arch Mall -------------------------------------------------
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: 1 5. Total assets are $70‚000‚ total liabilities‚ $40‚000 and contributed capital is $20‚000; therefore‚ retained earnings are $15‚000. FALSE AACSB Tag: Analytic Difficulty: Medium L.O.: 1 6. The payment of a cash dividend to stockholders increases stockholders ’ equity. FALSE AACSB Tag: Reflective Thinking Difficulty: Medium L.O.: 1 7. The accounting model for the balance sheet is: Assets + Liabilities = Stockholders ’ Equity. FALSE AACSB Tag:
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1.0 Executive Summary 1 Chart: Highlights 1 1.1 Mission 2 1.2 Objectives 2 2.0 Company Summary 2 2.1 Start-up Summary 3 Table: Start-up 3 Table: Start-up Funding 4 Chart: Start-up 5 2.2 Company Ownership 5 3.0 Services 5 4.0 Market Analysis Summary 7 4.1 Market Segmentation 7 Table: Market Analysis 7 Chart: Market Analysis (Pie) 8 5.0 Strategy and Implementation Summary 8 5.1 Sales Strategy 8 5.1.1 Sales Forecast 9 Table: Sales Forecast
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ACTG5100 Section U Assignment #2 Just Coffee Case Analyses Roles/Actors 1.Myriam-Senior Partner 2. Both the partners 3. Consultant (That is ME) Objectives- Myriam- is concerned about the health of the 2nd cafe‚ needs to know the financial health of the café‚ to make future decisions and wants to understand partnership details/options for the café. ME- To investigate business viability for Myriam‚ understanding the financial statements to find out errors more preciously to
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following are the balances of the Sun Co.ltd the Moon Co.ltd. prepared on 31st December 1986. On the 1st of January 1986‚ the Sun Co. Ltd took over Moon Co.ltd‚ when the latter had a credit balance of Rs. 35‚000 in its profit and loss account. 35 Liabilities Sun co. Equity share capital Rs. 10 each 3‚00‚000 General reserve 1‚50‚000 Moon co. Assets Sun co. Moon co. Sundry assets 2‚00‚000 1‚00‚000 2‚20‚000 Investments (shares in Moon Ltd) 3‚60‚000 1‚00‚000 80‚000
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grew from SAR 793‚761 thousand to SAR 817‚556 thousand (by SAR 23‚795 thousand or by 3%) during the last 2 years. (Due to the increase in admin.expenses). * (Current assets exceeded current liabilities by +1‚361‚970 thousand) which means that the company is able to pay off its short-term liabilities almost immediately. -According to the table below The assets grew from SAR 3‚821‚551 thousand to SAR 4‚005‚318 thousand (by SAR 183‚767 thousand or by 4.80%) during the last 2 years. The net
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stable-monetary-unit concept QUESTION 3 Purchasing a motor vehicle on credit will have what affect on the accounts of a business Increase assets and increase owners equity Decrease owners equity and increase liabilities Increase assets and increase liabilities Decrease assets and decrease liabilities None of the above QUESTION 4 What type of Business Entity (or entities) is a separate accounting entity but not a separate legal entity Sole Trader Partnership Corporation Sole Trader and Partnership Partnership
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1. Why does Mr. Butler have to borrow so much money to support this profitable business? The company faces a shortage of cash. Liquidity of the company is bad. (Liquidity = liquidity asset / liquidity liabilities) Cash (=$31K) / Short-term liability (=$404K) Don’t have enough funds available to meet the expected sales target 2. Do you agree with his estimate of the company’s loan requirements? How much will he need to borrow to finance his expected expansion in sales (assume
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