a consensus statement that all the participants of the company have different motives and they look for their own particular type of information to fulfill their respective desires (Jackson‚ 2008). Stakeholders Types Generally a company or organization has two basic types of stakeholders’ i.e. internal stakeholder and external stakeholder. Internal Stakeholder The internal stakeholders of a company are all those individuals who have some kind of benefit attached to that company and are present inside
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in your retirement account in real terms on your 65th birthday? 3) How much money will you need to save each year in real terms in order to fund your retirement needs if you make constant deposits in real terms? What would your nominal deposit be on your 40th birthday? What would your nominal deposit be on your 60th birthday? 4) How much money will you need to save each year in nominal terms in order to fund your retirement needs if you make constant deposits in nominal
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prays that the defence be called on all the charges preferred against the four accused persons. 1 THE CHARGES PRINCIPAL CHARGES – DEEMING PROVISION (OKT1‚ OKT2‚ OKT3 and OKT4 deemed to have committed the offence committed by GP Ocean) SUBMITTED MISLEADING INFORMATION DIRECTORS DEEMED TO HAVE COMMITTED OFFENCE Offence committed under section 32B(1)(a)(aa) of the Securities Commission Act read together with section 138 of the same Act ALTERNATIVE CHARGES – OKT1‚ OKT2 AND OKT3
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1. a) Net Income = 135‚750$ b) OCF = 155‚000$ 2. a) Equity Value = Net fixed assets – long-term liabilities 2006: $3600 2007: $3240 b) Net working capital = (current asset– current liabilities year 1) Change = (CA-CL of years 1) – (CA-CL of year 2) = 972-727 = 245 3. Common Size Income Statement: Sales/Revenue = 100% Cost of Goods Sold = 65.3% Depreciation = 13% Earnings before interest and taxes = 21.64% Interest Paid = 16.32% Taxable income = 53.25% Taxes (34%) = 1.8%
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Name: Final Summer 2013 Ex. 198 Use the following information to perform the calculations below (using the indirect method). Clearly label the amount of each answer as positive or negative and show all your calculations. Net income $369‚000 Beginning accounts payable $119‚000 Depreciation expense 97‚000 Ending accounts payable 146‚000 Beginning accounts receivable 420‚000 Purchase of long-term assets 612‚000 Ending accounts receivable 439‚000 Issuance
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Evolution of Financial Accounting Introduction Accountancy is the art of communicating financial information of a business entity to its stakeholders. It is the branch of mathematical science that assists in discovering the causes of success and failure in a business. The American Institute of Certified Public Accountants (AICPA) defines accountancy as "The art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in
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Question 5 “Financial accounting is compulsory for companies. Therefore it must be the only type of accounting that managers need.” You are required to: Discuss the above statement and provide examples to support your points of view. (25 marks) Financial accounting is the field of accountancy concerned with the preparation of financial statements for decision makers‚ such as stockholders‚ suppliers‚ owners and other stakeholders. The fundamental need for financial accounting is to reduce
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of $10‚000. Depreciation for year 1 $57‚144 Depreciation for year 2 $40‚818 Asset #4—Furniture manufacturing equipment—Henry purchased furniture making equipment on February 1‚ 2011 for $500‚000. The equipment is expected to last ten years‚ have a salvage value of $30‚000 and be depreciated using the double-declining-balance method. Depreciation for year 1 $9‚400 Depreciation for year 2 $752 Asset #5—Assembly Line—Henry purchased an assembly line on January 15‚ 2011 for $400‚000.
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Australian School of Business School of Accounting ACCT5930 FINANCIAL ACCOUNTING Course Outline Semester 2‚ 2014 Part A: Course-Specific Information Part B: Key Policies‚ Student Responsibilities and Support Table of Contents PART A: COURSE-SPECIFIC INFORMATION 1 1 STAFF CONTACT DETAILS 1 2 COURSE DETAILS 2 2.1 Seminar Times and Locations 2.2 Units of Credit 2.3 Summary of Course 2.4 Course Aims and Relationship to Other Courses 2.5 Student Learning
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[pic] BUS256 Contemporary Financial Accounting Semester 1‚ 2011 Unit Information and Learning Guide Unit coordinator Dr. David Holloway Associate Professor Murdoch Business School Room: ECL 4.028 Tel: 9360 2704 Fax: 9310 5004 E-mail : D.Holloway@murdoch.edu.au [pic] © Published by Murdoch University‚ Perth‚ Western Australia‚ January 2011. Originally written by: David A. Holloway Date: October 2008 Amended by: David A. Holloway Date:
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