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1. What accounting firm performed the audit of Zetar's financial statement?
2. What is the address of the company's corporate headquarters?
3. What is the company's reporting currency?
4. What two segments does the company operate in, and what were the sales for each segment in the year ending April 30, 2011?
5. Identify five differences in the format of the statement of financial position used by Zetar Plc company to a company, such as Tootsie Roll, that follows US GAAP. Tootsie Roll's Financial Statements are posted on Vspace as an attachment to this assignment.
6. Describe in which statement each of the following items is reported, and the position in the statement (e.g., current assets) it is reported in.
7. From your review of note 3.7, how does the company determine the amount of revenue to record at the time of a sale?
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PVA ∞ = A(1 + k) -1 + A(1 + k) -2 +..... + A(1 + k ) ∞ + 1 + A (1 + k) ∞ Multiplying both the sides of Eq (a7) by (1+k) provides: PVA ∞ = (1 +k) = A(1 +k) +A (1 +k)
Retained Earnings had a beginning balance of $2,758,000 and an ending balance of $3,885,700. Total revenues for the year were 3,790,800. During the year 130,300 in dividends were d
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A new shopping mall is considering setting up an information desk staffed by one (1) employee. Based upon information obtained from similar information desks, it is believed that p
SURVIVORSHIP POLICY The partners may take out a survivorship policy to safeguard against future cashflow problems incase a partner dies or the business is dissolved. E.g. incas
Q.2 Explain different methods of costing. Your answer should be studded with examples (preferably firm name and product) for each method of costing.
evaluate the importance of leverage in financial management of a small scale company
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