2005 Entrance Examination – Part 1 The Societies of Management Accountants of Alberta, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan, and the Yukon, Certified Management Accountants Society of British Columbia, Ordre des comptables en management accrédités du Québec 2005 Entrance Examination Part 1 Notes: i) ii) All answers must be indicated on the scannable multiple-choice answer sheet. Work done on the question paper
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Accrued Revenues Accrued revenues are used for transactions in which goods and services have been provided, but cash hasn't yet been received (Shanker, 2013). The most common accrued revenue situation is interest that has been earned but not yet received. When the interest is received, the entry is to debit cash, increasing it and adding it to the journal entree. The credit interest receivable will be marked by zeroing it out. The unrecorded revenues due to consumers not yet paying for the good
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and are used in the two basic equations. A profit and loss statement is based on two basic equations: Gross profit = sales – cost of goods sold Net profit = gross profit – expenses Gross profit and net profit is calculated as follows: Revenue less Cost of good sold (COGS) Gross Profit $
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Business Plan Company Name : Quick and Dirty Auto Repair (QDAR) Register number : 001505332-W Company address: Taman Puncak jalil Bandar Putra Permai 43300 Seri Kembangan Selangor Directors: Muhammad Ikmal bin Mahzan Khairulnizam Bin Shamsudin Kamarulzaman Mohd Ariffin. Khairulnizam Phone Number: 03 89990334 ________________________________________ Legal Page Confidentiality Agreement The undersigned reader acknowledges that the
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Shayla’s Restaurant Balance Sheet Bus 100 The Balance Sheet The financial well-being of Corner Café can be analyzed from the Balance Sheet at any given time. It enables the management team to forecast short and long-term cash flow. This also helps to determine the accuracy of the Income Statement. Assets = Liabilities + Equity Corner Café was financed with $84,000 of assets in 2011. In 2012 the assets grew substantially to $355,500. The total Principle Interest
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Carolyn Jackson Increase/Decrease Horizontal Analysis Balance Sheet 2009-2008 2009 2008 Amount Percentage Assets Current Assets Cash and Cash Equivalents $ 22,995 $41,851
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Annual Report and Accounts January 2011 Annual Report and Accounts for the year ended 29 January 2011 Next is a UK based retailer offering exciting, beautifully designed, excellent quality clothing, footwear, accessories and home products. Next distributes through three main channels: Next Retail, a chain of more than 500 stores in the UK and eire, Next Directory, a home shopping catalogue and website with nearly 3 million active customers, and Next International, with more than 180 stores
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accredited higher education institutes in the country. The University operates ground campuses in over 100 locations across the country, plus offers online programs globally. The University of Phoenix makes up almost 92% of the Apollo Groups total revenue and thus the subsidiary focused on the most. University of Phoenix offers adult learners associate, bachelors, masters and doctorate degrees in over 20 different programs. They offer different learning platforms with online and ground campuses.
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The University of Chicago Red Ink in the Rearview Mirror: Local Fiscal Conditions and the Issuance of Traffic Tickets Author(s): Thomas A. Garrett and Gary A. Wagner Source: Journal of Law and Economics, Vol. 52, No. 1 (February 2009), pp. 71-90 Published by: The University of Chicago Press Stable URL: http://www.jstor.org/stable/10.1086/589702 . Accessed: 12/03/2011 22:11 Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at . http://www
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as its mission to enhance people’s lives through manufacturing of useful products by using this complex technology called GPS. This way the customer’s daily lives become less complicated and improved. Garmin also has a proven track record of solid revenue and earnings per share growth (www.forbes.com/garmin). Balance Sheet Analysis: The balance sheet ratios for Garmin for different years test the company’s liquidity and financial strength. “The smart business analyst comes to the balance sheet
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