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#title assets, Financial Accounting
categories of assets
Posted Date: 9/9/2012 12:51:21 PM | Location : United States
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Short-term solvency, Example of Short-term Solvency ...
Example of Short-term Solvency Current Ratio = Current Assets / Current Liabilities = 5.38
Cashflows from investing activities-group accounts, Cashflows from investin...
Cashflows from investing activities Involving activities involve the acquisition and disposal of non-current assets such as; property, plant and equipment, intangible assets, a
What is amortization, Q. What is Amortization? Amortization -Periodic a...
Q. What is Amortization? Amortization -Periodic and Gradual reduction of any amount, like the periodic write-down ofa BOND premium, cost of an intangible ASSET or periodic paym
Prepare consolidated financial statements, Chambers plc imports household e...
Chambers plc imports household equipment from Germany. On 1 July 2011, the company acquired 60% of the ordinary shares of Court Ltd, which owns a chain of retail shops selling hous
Committee of inspection-bankruptcy, COMMITTEE OF INSPECTION Appointme...
COMMITTEE OF INSPECTION Appointment : A committee of inspection may be appointed by the creditors at their first or any subsequent meeting to supervise the trustee.
Define current liability, The following items represent liabilities on a fi...
The following items represent liabilities on a firm's balance sheet: a. An amount of money owed to a supplier based on the terms 2/20, n/40, for which no note was executed. b. An a
Limited liability partnership, Limited Liability Partnership (LLP) - GENERA...
Limited Liability Partnership (LLP) - GENERAL PARTNERSHIP which, via registration with an appropriate state authority, is able to enshroud all its partners in limited liability. Ru
Analysis of potential arrangement with supplier, At current the working cap...
At current the working capital cycle is Receivables days $0.4m/$10m * 365 = 15 days Inventory days $0.7m/$8m * 365 = 32 days (cost of sales = $10m - $2m) Payables days $1.
The surplus capital method-partnership, THE SURPLUS CAPITAL METHOD Unde...
THE SURPLUS CAPITAL METHOD Under this method, the initial amounts repaid to partners are in order to reduce their capitals to amounts such that these are now in the same ratio
Dividends in arrears on cumulative preferred stock, Q. Dividends in arrears...
Q. Dividends in arrears on cumulative preferred stock a. are shown in stockholders' equity of the balance sheet. b. must be paid before common stockholders can receive a dividend.
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