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X Ltd. went into liquidation with the following liabilities:
Liquidation expenses are Rs.1,260. Liquidator is entitled to a remuneration of 3% on the amounts realized (including securities with creditors) and 1½% on the amount distributed to unsecured creditors. The various assets realized Rs.1,30,000 (excluding securities with secured creditors). Prepare the liquidator's final statement of account.
Explain the short and the long-run effects on real output, price, and unemployment
Journal entries related to bonds - What consolidation journal entry would have been recorded in connection?
Common stock increased by $197 and retained earnings decreased by $123 and evaluate what is the net income for the year
Make recommendations: on the following two companies: From an investor's perspective of whether one should buy/sell/remain neutral on both stocks.
When a company sells a product for cash, it generally recognizes the revenue. However, there are situations when it is not always clear when a company should recognize the revenue. How do you handle season tickets to an NFL or NBA game? What about..
Suppose you wants to control price movements of 100 shares of stock. You may buy 100 shares of stock directly or purchase a call option on 100 shares.
Income Statement from incomplete info from balance sheet and Using the balance sheet equation, compute net income for the past year
Analysis of financial position under Asset utilization method - Please analyze the financial condition of the company; under the following category
How much of start-up cost & organization expense can be deducted in the 1st year of operation? What is the amortization period for the rest of the costs?
Suppose if you have four companies will the data above offer a conclusion that the market will have a superior level of volatility the market?
Assume Risk Free Rate is 8 percent, the Expected Return this year on the S and P 500 stock market index is 13 percent, & the stock of Joe's Junkyard has a Beta of 1.4.
Determine when you should start to think about retirement & real estate planning and you begin taking action? Explain your answer.
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