1. Periodically, this department receives a journal voucher from the cash receipts department and an account summary from the accounts receivable department. (a) Cash Receipts Department (c) General Ledger Department (b) Accounts Receivable Department (d) Controller Department 2. Provides a means for verifying that customer checks and remittance advices match in amount. (a) Credit Check (c) Cash Prelist (b) Return Policy (d) Mail Room 3. Sequentially numbered
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Statements 2011 Contents Report to members 1 Report of the independent auditor to the members of Deloitte LLP 10 Consolidated income statement 11 Consolidated statement of comprehensive income 12 Consolidated balance sheet 13 Consolidated statement of changes in equity 15 Consolidated cash flow statement 16 Notes to the financial statements 17 Report to members The Board presents its report to the members and the audited financial statements
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Chapter -2 Discussion Questions Page-41 1. What is the fundamental accounting equation? Fundamental accounting equation is the relationship between assets and liabilities plus owner’s equity i.e. Assets = Liabilities + Owner’s Equity 2. What are expenses? An expense is an outflow of cash, use of other assets, or the incurring of a liability. Expenses cause a decrease in owner’s equity. 3. What is revenue? Revenue is the inflow of money or other assets that results from
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................................................. 3 Chapter 2 Analysis & Interpretation of Financial Data ........................................... 5 2.1 Balance Sheet Analysis ..................................................................................... 52.1.1 Sources of Discrepancies in the Balance Sheet ...................................... 62.2 Cash Flow Analysis ........................................................................................... 82.2.1 Analysis of
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[pic] [pic] Report on Beximco Pharmaceutical. (Ratio Analysis) Course: Financial Management. Submitted To: NAFEESA TABASSUM Submitted By: Nahar Kamrun 07-07812-1 Islam Mohammad Ariful 07-08748-2 Ashfaq Ahmed 06-07395-3 Akter Tanzina 06-07500-3 Islam neamul
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fast growing companies list in the 5 years comparison period. The company stood in 27th position in the Most Profitable companies list by making 21.5 % of Revenues as profits. A deep dive in the company’s Income Statement, Balance sheet and Cash flow statements reveal that, Apple Inc is the fastest growing company in the world. Apple Inc has reported the Net Income of $25.92 Billion dollars for the 2011 financial year.
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Business Valuation Sample Company, Inc. as of December 31, 200X BUSINESS VALUATIONS & STRATEGIES 3402 N. 4 Street, Harrisburg, PA 17110 Phone: 717-234-7060 Fax: 866-482-3097 Web site: www.business-valuation-expert.com th David E. Coffman CPA/ABV, CVA Email: dave@business-valuation-expert.com 7$%/( 2) &217(176 CONCLUSION OF VALUE ...................................................................................................................................1 VALUATION SUMMARY
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assist in investment and financial decision-making. Financial data is drawn from many sources however, the primary source is data that is provided by the company in its annual reports. These annual reports consist of the income statement, the balance sheet and the statement of cash flows. Financial ratios can be used to analyze trends and compare the firm’s financial standing to those of other firms. Financial ratios are classified according to the information they provide. Some of the frequent used
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Introduction: Financial Statement Analysis is used by interested parties such as inventors, creditors, and management to evaluate the past, current and projected condition and performance of the firm. Its analysis helps user make better desiccations. Ration analysis is the most common form of financial analysis. It provides relative measures of the firm’s conditions and performance. Horizontal analysis and Vertical analysis are also popular forms. Horizontal analysis is used to evaluate the trend
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turn will help to increase the overall net profit of the company. In looking at the balance sheet, Ford reported the most in liabilities and long term debt. However, Ford showed greater earnings assets than both Honda and GMC (Appendix B). Honda reported the lowest amount in liabilities and a significantly lower long term debt than Ford (Appendix B). Overall, GMC fared better than Ford on the balance sheet with the lowest long term debt and decreased liabilities (Appendix B). Ford clearly needs to
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