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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.
Prepare a trial balance on April 30, 2008 and Tot. trial balance $8,254 - Merchandise Accounting
Prepare a traditional income statement for each week. Calculate the average value-stream product cost for each week. What does this cost signal, if anything?
Does Hayden identify any gain or loss as a result of this distribution and evaluate Hayden's basis in the land, in inventory, and in partnership interest immediately following the distribution.
What is the net operating income (loss) earned by product E28I according to the company's accounting system?
It reaches the industry average of 2 percent dividend growth, after which the company will keep a constant growth rate forever. Illustrate what is the price of this stock today given a required return of 12 percent?
What common internal control weaknesses contributed to this fraud?
A process began the month with 3,000 units in the beginning work in process inventory and ended the month with 2,000 units in the ending work in process. If 12,000 units were completed and transferred out of the process during the month, how many ..
What information is needed for the memo? Where can you get this information? What performance measure would you suggest for each activity? Is the accounting information sufficient for your memo?
Would the management of Fairmont Division have been more likely to accept the investment opportunity it had in 20x1 if residual income were used as a performance measure instead of ROI?
A journal entry for a $250 payment on account was posted as a $520 debit to account was posted as a $520 debit to Accounts payable and a $250 credit to cash. this error will cause whihc of the following condition on the trial balance?
you are the supervisor on the audit of platinum pokienbsp club a large suburban club in western australia. as well as
Bright Eyes manufactures and sells two products. The first product is a disposable contact lens set that lasts about 3 months. The second product is a wetting solution. What level of total sales is necessary to achieve break even? If a competitor be..
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