company. The sales department is one of the most crucial parts of the company because they are the producers. I worked in this department more than five years. This experience allowed me to see how managers interpreted the rules and regulations in their own unique way. The rules were either firm or allowed to bend depending on the how close we were to our goals. Many instances of bending the policy and procedures could be construed as unethical or illegal behavior not condoned by the company. The
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FIN 2230 Financial Management (Section 3) Assignment Yeung Pou Ian, Fanny 09011056 Zeng Yunru, celeste 11050039 LIAO Yi ,Hunter 11050020 Chen Qiqi, Yuki 10050248 Lam Ka Po, Juliana 11002530 HUNG Yik Sze ,Cecilia 11001623 Chen Guangqi, Nikolais 11000945 Wang Lishi, liz 11502614 Executive Summary RECOMMENDATION: Take the chance, lead the market! Adopt the new technology and enter Japanese
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Exercise 14-2 1. Discount = Par value - Issue price = $90,000 - $85,431 = $4,569 2. Total bond interest expense over the life of the bonds |Amount repaid | | | Six payments of $3,600 |$ 21,600 | | Par value at maturity | 90,000 | | Total repaid
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Exercise 14-2 1. Discount = Par value - Issue price = $90,000 - $85,431 = $4,569 2. Total bond interest expense over the life of the bonds |Amount repaid | | | Six payments of $3,600 |$ 21,600 | | Par value at maturity | 90,000 | | Total repaid
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method consist of Payback and Accounting Rate of Return (ARR) which don’t have the time value adjustment. But in DCF method Net Present Value (NPV) and Internal Rate of Return (IRR) are included and they are adjusting the time value of money to the cash flows. These techniques give different benefits and limitations in investment evaluation process, although as per the theoretical view DCF analysis may give more benefit to the organization. However successful completion of a project mainly depends on
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Spanish operations was impaired. At the end of 2010 a new legislation act was passed restricting exports of Ida’s main product. The following information relates to the CGU/reporting unit of Ida’s Spanish operations before impairment analysis: Cash$50,000 PP&E$3,000,000 Land$150,000 Goodwill$300,000 Total Assets$3,500,000 Liabilities($1,300,000) Carrying Value$2,200,000 As a result of the change in legislation, Ida’s production will be significantly affected for the foreseeable future
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filing requirements for the past 90 days. Yes x No o Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o Indicate by check mark whether the registrant is a
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Less: Accumulated depreciation Asset under construction Intangible assets Deferred tax assets Total non-current assets Current assets Inventories Goods in transit Accrued interest Investments Advances and deposits Advance income tax Fixed deposit Cash and cash equivalents Total current assets Total assets Equity and liabilities Shareholders equity Share capital Share premium Accumulated profit Total shareholders equity Non-current liabilities Provision for gratuity Total non-current liabilities Current
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will break down each of the four financial statements explain debits and credits. Explain basic transactions and discuss the usefulness of internal and external users. “Income statement, balance sheet, retained earnings statement and statement of cash flows. Income Statement is a report that shows the success and the failure of the company’s operations over a period of time” A “balance sheet is a report that shows assets and claims to assets a specific period or point in time” (Paul D Kimmel, 2009)
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improvements and adds the two. After the costs of the improvement and land value are added, the appraiser deducts an amount for any depreciation that improvements have suffered since they were constructed. Question 7-3 What are the capital gains rules as applied to residential property owners? For sales of personal residence a homeowner may exclude from income $250,000 of gain, and a married couple may exclude up to $500,000 of gain realized on the sale. 1) Individual must have
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