property, plant, and equipment did Nestlé report on its December 31, 2012 balance sheet? What does the amount represent? 26,903M CHF. This is the net amount (gross less accumulated depreciation) 3. What useful life does Nestlé estimate for its machinery and equipment? 10-25 years 4. What residual value does Nestlé give to all its assets except for head offices? Zero for all asset types except head offices 5. What basis of valuation does Nestlé use for its property, plant, and
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CHAPTER 22 ACCOUNTING CHANGES AND ERROR ANALYSIS TRUE-FALSe—Conceptual Answer No. Description F 1. Change in accounting estimate. T 2. Errors in financial statements. F 3. Adoption of a new principle. T 4. Retrospective application of accounting principle. F 5. Reporting cumulative effect of change in principle. T 6. Disclosure requirements for a change in principle. T 7. Indirect effect of an accounting change. T 8. Retrospective application impracticality. F 9. Reporting
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PROJECT REPORT ON {Commercial Credit Appraisals} “It Revolves around Character, Collateral & Capacity” FOR {HDFC Bank} BY () Submitted in partial fulfillment of requirements for award of Post Graduate Diploma in Management ATHARVA SCHOOL OF BUSINESS Marve Road, Charkop Naka, Malad (W), Mumbai 400 095 DECLARATION I hereby declare that the Project titled "{Commercial Credit Appraisals With HDFC Bank Ltd}" submitted
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Inventory 1.12 88.42 Days Sales Outstanding 37.24 15.20 Quarterly Revenues Jan N/A Current Ratio 5.10 vs history 1.44 EV-to-EBIT 2.40 EBITDA Growth (3Y)(%) Valuation Box vs industry P/S ROC (Joel Greenblatt) (%) 30.59 EPS Growth (3Y)(%) Warning Signs Valuation Ratios vs vs industry history Operating margin (%) -0.27 Stock PDF Enterprise Value: $3.42 B Profitability & Growth : 5/10 0.08 GuruFocus 09/25/2015 8:09PM EST
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ACC 304: Financial Reporting 1 Additional Class Problems Chapters 10-12 & 6 Chapter 10: EXERCISE 10-1 Item | | Land | | Land Improvements | | Building | | Other Accounts | (a) | | | | | | | | ($275,000) Notes Payable | (b) | | | | | | $275,000 | | | (c) | | $ 8,000 | | | | | | | (d) | | 7,000 | | | | | | | (e) | | | | | | 6,000 | | | (f) | | | | | | (1,000) | | | (g) | | | | | | 22,000 |
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Northboro Machine Tools Corporation * History * Founded in 1923 by two mechanical engineers and designed machinery parts, presses, dies, and molds * 1970s, firm begins its entry into computer aided manufacturing and design or CAD/CAM * By 1991, CAD/CAM made up 40% of sales * Revenue in 1991 * CAD/CAM accounted for 45% of sales * Metal presses, dies and molds accounted for 40% of sales * Miscellaneous machine tools accounted for 15% of sales *
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Identify all the accounting policy changes and accounting estimates that Harnischfeger made during 1984. Estimate, as accurately as possible, the effect of these on the company’s 1984 reported profits. In early 1980s Harnischfeger Corporation, a machinery company based in Milwaukee, Wisconsin, faced a severe financial crisis. The company’s poor performance continued through 1983, however, the company reported net profit in 1984. This positive result was a consequence of a number of changes that have
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About CGG The Centre for Good Governance (CGG) was established by the Government of Andhra Pradesh (GOAP) in October 2001 to help it achieve the goal of ‘Transforming Governance’. Besides supporting the design and implementation of GOAP’s Governance Reform Programme, CGG undertakes action research, renders professional advice, and conducts Change Management and Management Development Programmes for Government departments and public agencies to help them implement their reform agenda
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However, as we will see in Chapter 3, judgement may be exercised as to the application of accounting rules to the preparation of financial statements. For example, a company may choose from a variety of methods to calculate the depreciation of its machinery and equipment, or how to value its inventories. Until recently, once a particular approach had been adopted in all future accounting periods, unless there were compelling reasons to change. The ASB encourages their change, if those changes result
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NIT comprises principal and increase/ decrease in value of investments. Changes in principal only have been included under stocks and shares (item D-6c) while the valuation change has been lumped with miscellaneous sources (item D-11). 5. On the uses side investments in shares have been adjusted by taking out the aforementioned valuation change and including the same with miscellaneous uses (item D-11). Unspecified
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