ACCOUNTANCY STUDENTS love. “Life is like a balance sheet. One wrong entry could change everything. We make decisions that give us either an Asset or a Liability. Yet in the end it is up to us on how to make adjustments to balance it.” I’ll INVEST ur name serve as the CAPITAL of my life and ASSET of my heart‚ you will never be a LIABILITY coz even if ur MARKET VALUE will be the most expensive‚ I will sacrifice my INCOME‚
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does not earn interest. Determine Huiyuan’s free cash flows (and cash flow components) for each year. (b) Complete the forecast table under the following conditions: (i) Sales will grow at 24% per year. (ii) The sales percentage for other current liabilities is expected to decline to 41% in future years. (iii) Because of high uncertainty in the timing and the cost of raising equity
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Memorandum To: Sharon Sonneborn From: Date: 9/9/2012 Re: Potential Acquisition of Garmin Ltd. And Subsidiaries Garmin Ltd is under consideration for acquisition by Mega Industries. As a result‚ an assessment of Microline’s financial condition and assessment is necessary to evaluate the company as a suitable candidate. Our team has prepared a memo stating Microline’s earning power potential ‚ solvency position‚ and to which extent the companies financial statements reflect the true
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765 | 15‚098 | -55.19% | Total comprehensive income | 4‚365 | 16‚492 | -73.35% | Sales | 60‚537 | 55‚171 | 9.73% | Total assets | 119‚545 | 112‚773 | 6.00% | current assets | 21‚898 | 21‚459 | 2.05% | Total liabilities | 60‚337 | 48‚261 | 25.02% | current liabilities | 14‚966 | 12‚876 | 16.23% | Cash flow from operating activities | 27‚388 | 23‚530 | 16.40% | (Rio Tinto Ltd 2011) The net profit margin in 2011 was 21.83%‚ while the net profit margin in 2010 was 37.14%.The data
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* 1. Currently product Axe is charged $3‚635‚223 depreciation on the income statement of Andrews. Andrews plans to make investment that will increase this depreciation to take advantage of changes in the tax code. Will this?a. Decrease net cash from operations on the cash flow statementb. Increase net cash from operations on the cash flow statementc. Just impact the balance sheet.d. Have no impact on the net cash from operations as depreciation appears in both cash flow and income
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Project Report of VIOM IMPEX (Our Motto Is “GOOD QUALITY & GOOD SERVICE") ZINK INGOT BRASS INGOT Application for • • • Machinery Term Loan of Rs. 65 lacs Various Working Capital Limits of Rs. 1000 Lacs Bank Guarantee of Rs. 50 Lacs VIOM IMPEX Our Motto Is “GOOD QUALITY & GOOD SERVICE" Index Sr. No. Particular Page No. 1 2 3 4 5 6 7 8 Executive Summary of the Project About the Promoters / Partners Project Cost and Financial Highlights Term Stipulations Other Project Details
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| (a) | Purchased $100 of supplies for cash. Debit |CreditCash |$100Supplies $100 |_____Assets = Liability + Owner EquityDr | Cr$100 (supplies) | $100 (cash) $0 = $0$100 Cash is spend what is credit‚ but $assets increase for $100 in supplies what does not affect
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Plant and equipment under finance lease is $ 1‚427. (Billabong Financial Report‚ 2013) Answer 9 Long-Term Liabilities Total long-term liabilities for Billabong International Limited amount to $239‚250. This consists of borrowings‚ deferred tax liabilities‚ provisions and other non-current liabilities. Borrowings account for the largest portion of the long-term liabilities. The total amount under borrowings sums up to
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EXECUTIVE SUMMARY I’ll Be Denim is an organic denim clothing line headquartered in Los Angeles that currently focuses exclusively on locally producing a slim fit‚ straight fit‚ and regular fit line of jeans for men and women. Founded by Elena Horowitz‚ a retail industry veteran with experiences at JCrew‚ the Gap‚ and Levi’s‚ and James Foster‚ a serial entrepreneur‚ the duo is out to bring socially conscious fashion to the masses. Currently selling online and through partnerships with a handful
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Gun Control: Hand Guns Gun Control: Hand Guns “Strict gun control” is a set of legal restrictions meant to enforce scarcity of firearms among the citizenry (Stell‚ 2004). The imposition of gun restrictions are intended to control gun related incidents by making guns harder to possess. Primarily‚ the main objective of gun laws is to control the kinds of firearms that an individual can purchase. The laws authorizes’ the majority of people to buy and own firearms but at the same time
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