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Purpose: This assignment aims at developing a clear understanding of students on different sources of funds used/raised by companies. They will need to identify different sources of fund used by two selected companies, discuss the evolution of the sources of fund used by the selected companies over a period of 3 years. They will have to relate the relative merits of different sources of funds used by the selected companies and shed lights on why the selected companies are using different sources of fund differently. Students will also have to summarise the key concepts under the AASB 137 'Provisions, Contingent Liabilities and Contingent Assets and identify use of this standard by the selected companies. Students will have to identify all different categories of assets recorded by the selected companies and examine the measurement basis used by the company for each class of assets.
Assessment task: Collect the latest annual reports of Two (2) ASX listed companies for the last 3 financial years. Based on your collected annual reports, do the following tasks
Question 1: Identify the percentage of the fund that is internally generated and the percentage of the fund that is externally generated for each selected company.
Suppose during 2017 that Federal Express reported the following information (in millions): net sales of $34,700 and net income of $94.
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described below are certain transactions of edwardson corporation. the company uses the periodic inventory system.1. on
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