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Q. Cost related issue of debt?
Debt is cheaper in comparison of equity because debt is less risky from an investor point of view. This is for the reason that it is often secured by either a fixed or floating charge on company assets and ranks above equity on liquidation and because of the statutory requirement to pay interest. Debt is as well cheaper than equity because interest is an allowable deduction in calculating taxable profit. This is referred to as the tax effectiveness of debt.
Items reducing the deficit: Items reducing the deficit would include: (a) Profits from trading; (b) Estimated profit on the realisation of assets. Notes: (a) Whe
Which of the following was the first private sector entity that set accounting standards in the United States? a. Accounting Principles Board b. Committee on Acocounting Procedure
Do you anyone on staff with the above experience? Notes cannot be copied from any real company''s financial report.
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a recommendation regarding the current south African vat system
Ask questio. You have been appointed the accountant of a new organisation that is preparing its first set of financial statements. In determining the depreciation for the first yea
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