Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem-
During 2012 the Australian company Woolworths Ltd (WOW) sold its subsidiary business called Dick Smith Electronics. Within 8 months of the FOR SALE sign going up Anchorage bought the Dick Smith Business for $20 million. This is the same amount Woolworths Ltd bought the Dick Smith Business for 30 years ago. (Woolworths Ltd bought the business from Dick Smith the man.) Refer to the 2012 preliminary financial report of Woolworths Ltd (WOW) on their Web site https://www.woolworthslimited.com.au/. (Actual report address is https://www.woolworthslimited.com.au/icms_docs/135571_FY12_Preliminary_Final_Report.pdf)
Answer the question-
Dick Smith Electronics had significant ongoing lease obligations. Define a lease. Why would these lease obligations be relevant to the assessment of the sale of Dick Smith Electronics for Woolworths Pty Ltd? Dick Smith Electronics had not been losing money and its debt obligations equaled its asset value, so why would Woolworths Ltd been keen to sell Dick Smith Electronics.
Additional information-
This problem belongs to Accounting and it is about Woolworths Ltd accounting. Woolworths Ltd has a subsidiary named Dick Smith Electronics. Dick Smith Electronics has high ongoing lease obligations because of which it had lost more money. Here, a lease agreement has been defined.
Word limit- 200.
rhodes induced ms. davidson to enter into an employment contract by deliberately telling ms. davidson certain material
in the month of april a department had 500 units in the beginning work in process inventory that were 60 complete.
Define auditing, what is the difference between audit and auditing? Explain the important techniques of auditing.
mags pie shop is a rapidly growing baker anddistributor of specialty pies for festive occasions. magscpa adviser keeps
Accounting for Business Decisions -HI5001 - what is the interest expense for 2012 and how much equipment was purchased during the year
kava inc. manufactures industrial components. one of its products which is used in the construction of industrial air
if 10000 is deposited in a saving account at the end of each year and the account pays interest of 5 compounded
1.which of the following is not a permissible method of calculating a bonus to an employee?a. the bonus is based on
Which of the following industries would normally use job order costing systems and which would normally use process costing systems?
the caltor company gathered the following condensed data for the year ended december 31 2010cost of goods sold
zenon chemical inc. processes pine rosin into three products turpentine paint thinner and spot remover. during may the
both s corps and partnerships have rules on permissible tax years and cannot just use whatever tax year they like. what
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd