Hca provides definite values, other methods don't! 4 the disadvantages of hca include the fact that hca values can relate to transactions that could be a year old, 10 years old and as much as 100 years old. It's true that some businesses have old equipment and old stocks (inventories) that are still working well but that were bought a long time ago: the problem is that the acquisition value may be out of date and so the balance sheet is showing out of date values. Taxation problems come with inflation
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of: $1,844 cash, $11,807 accounts receivable, and $9,628 inventory. Plant and equipment totaled $158,700. Current liabilities were: accounts payable $13,446; wages payable $650; and property and taxes payable $4,124. Long-term debt totaled $92,800 and owner’s equity $70,959. By comparison, for December 31, 2010, the business had current assets of: $3,278 cash; $6,954 accounts receivable; $17,417 inventory. Plant and equipment totaled $144,500. Current liabilities were: accounts payable $9,250;
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Mock Assignment Table: Human, Physical and Technological Resources |Type |P3:describe the main physical and technological resources required in the |M1: explain how the management of human, physical and technological resources | | |operation of a selected organisation |can improve the performance Tesco
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Introduction There are many companies that invest greatly in property, plant and equipment, especially companies that are in capital intensive industries such as the automobile industry. Those companies commit a great amount of their resources or assets to property, plant, and equipment. As a result, investors and creditors are greatly interested in the valuation of those assets. They carefully examine the financial statements of those companies and the valuation methods used to record the assets
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tunneling (HDD Technology), sewage systems etc. starting from design, site preparation, interface, material supply, execution, Installation and commissioning. The activities include all required electromechanical installation for building, industrial plants and underground cables and piping. Volumes of projects executed and
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information had arrived late Friday, too late for Belliard to analyze due to the weekend. He sat down this morning to examine the proposal, as it was Belliard’s job to evaluate cross-border projects for Ariel, a global manufacturer of printing and imaging equipment. This type of cross-border proposal was not unusual as Ariel was in the process of expanding its global presence beyond Europe. The Mexican investment proposal called for the purchase and installation of new automated machinery to recycle and refurbish
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becoming higher. Seeding machine is the main equipment for corn processing, which widely used in corn processing industry. With the continuous development of seeding machine, number of seeding machine manufacturers also increase, so, below are some requirements for seeding machine manufacture: The seeding machine plant should be built in the absence of harmful gases, smoke, dust, radioactive substances and other invasive pollution source region. The plant should guarantee good ventilation effect
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Due to the amount invested in fixed assets in many companies, there may be a specific person assigned within the accounting, finance, or controllers department to keep track of property, plant, and equipment. This person may be called a fixed asset accountant, property accountant, or may have some other similar title. This accountant's primary responsibility is to maintain the official fixed assets records for the business or organisation. This may be a full-time position in a company that has a
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Chapter 3 The Balance Sheet and Financial Disclosures Exercise 3–3 1. f Accrued interest payable 10. a Supplies 2. d Franchise 11. c Machinery 3. -c Accumulated depreciation 12. c Land, in use 4. a Prepaid insurance, for 2014 13. f Unearned revenue 5. g Bonds payable, due in 10 years 14. d Copyrights 6. f Current maturities of long-term debt 15. h Preferred stock
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flows, in its simplest form involves no cash. In practice, supply of the principal exports is often held up until sufficient revenues have been earned from the sale of bartered goods. 2.)BUY BACK: Under the buyback agreement, the supplier of plant, equipment or technology agrees to purchase goods manufactured
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