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Module: Financial accounting and analysis Task: Based on information about financial statements you have already got familiar with and have analyzed, your task is a follows:
1- For the year ended 31 December 20X1, look at the balance sheet of SME A Group in below (in thousands of currency units- CU).
2- According to the IFRS for SMEs, calculate current and non-current assets, at 31 December 20X1.
3- Show the calculation for equities, at 31 December 20X1. Write the relevant equation.
4- Show the calculation for distinguishing between current and non-current liabilities, at 31 December 20X1.
5- Prepare a consolidated balance sheet at 31 December 20X1.
Are short-term creditors, long-term creditors, and stockholders interested primarily in the same characteristics of a company? Explain
Which of the following statements is true regarding the classified balance sheet?
gaap and government accounting investments and methods of portfolio valuation.answer the following questions with
horizontal analysis trend analysis percentages for spartan companys sales cost of goods sold ad expenses are listed
Calculate the amount of depreciation expense recorded on the equipment for 2005.
(Recording Sales Gross and Net) On June 3, Arnold Company sold to Chester Company merchant- dice having a sale price of $3,000 with terms of 2/10, n/60, f.o.b. shipping point. Prepare journal entries on the Arnold Company books to record all the even..
Create a short article about a company making a decision like one just covered on Incremental Analysis.
Which of the following would be shown as a negative number in the Operating section of the SCF under the indirect method?
The payment of utilities of $3,700 was recorded as a decrease in cash of $3,700 and a decrease in retained earnings (utilities expense) of $7,300.
Calculate this company's profit margin, total asset turnover, and return on total assets for 2009 and 2010. Comment on the results.
Record the 20X1 entries for the purchase of the machine and the lease to Sunshine Engineering Company on the books of Grande Machinery Company. Provide elimination entries that would be made on the 20X1 consolidated worksheet.
Prepare a retained earnings statement for the fiscal year ended October 31, 2008.
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