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Questions: Answer the following: 1) What is the major revenue accounts(s)?2) What percentage is each to total operating revenues? (Calculated :ls Revenue /Total Operating Revenues)3) What is (are) the three top expense account(s) by size?4) What is the percentage of each to total operating expenses? (Calculated as Expense A/Total Operating Expenses)Describe the company's revenue recognition policy. if reported (usually in the Significant Accounting Policies note to the financial statements). and how it has followed the conditions of the revenue recognition principle.
Ratio Analysis:1) What does the net profit margin ratio measure ill general?2) Compute the net profit margin ratio for each of the last three years.3) What do your results suggest about the company over time?
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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