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Financial Accounting Analysis Assignment
Financial Accounting Analysis Assignment
Statement of Financial Position
The Statement of Financial Position of Mars Ltd. as at 30th June, 2012
Notes Mars Ltd. ($)
ASSETS
Current assets
Account receivables 600,000
Inventory 520,000
Total Current assets 1,120,000
Non-Current assets
Plant and equipment 1.1 800,000
Land 1.2 600,000
Buildings 900,000
Long-term Investment 460,000
Bad Debts (25,000)
Total Non-Current Assets ...
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TAX LAW
TAX LAW
TAX LAW
Introduction
Fringe Benefits refer to a benefit provided other than cash by an employer to an employee for the services being offered by the employee. Employer offers fringe benefits to existing, old and prospective employees. Fringe benefits include things such as providing employee's access to using ...
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Taxation Law
Taxation Law
Introduction
The purpose of this study is to expand the boundaries of our knowledge by exploring some relevant material relating to the analysis of taxation law. The tax law is the special field of public law, it is the assessment or collection of tax controls. Tax Law is ...
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ASSESSMENT - 2
Assessment 2 - Major Assignment
Assessment 2 - Major Assignment
Part A:
1. Case Study
Use traditional process costing to allocate the direct materials and conversion costs per department to total bolts produced. Develop a cost per bolt for each type of fabric.
Input Area
Denim
Lightweight cotton
Heavyweight cotton
Total
Direct Cost
Direct Material
$8,000
$2,400
$20,000 ...
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Kringly Corporation
Kringly Corporation
Introduction
Transfer price is the price that agree on two companies that belong to the same business group or one person. In the case of Kringly Corporation, it is a system by which goods are transferred within different division of the same company. The transactions are recorded in the ...
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Nike Shoe Company
Nike Shoe Company
Introduction
Nike is the largest manufacturer of athletic shoes, apparel, and equipment in the world with annual revenues of $18.6 billion. Nike employs 30,000 people around the world, and has roughly 800,000 workers in contract factories. Nike is located in Beaverton, Oregon and was formed in ...
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J.K. FACTORY
J.K FACTORY
Cost Reduction Study
In-House Fabrication v/s Sub-Contracting
AACE Member Number: 64267
07/09/2011
Abstract
The aim of this paper is to highlight the in-depth cost analysis of manufacturing steel plates in-house by the J.K Tank Construction or to sub-contract its manufacturing operations to “X” factory, which is currently being sub-contracted. Over the past three ...
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Business Plan: Wedding and Corporate Catering Business
Business Plan: Wedding and Corporate Catering Business
Introduction
This essay will discuss the business plan associated with initiating a Wedding and Corporate Business. This pal will focus primarily on the accounting and financial aspect of the start-up business. Elayne is the proprietor of the business ...
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Taxation Law
Taxation Law
Question 1
Introduction
Fringe benefits tax (FBT) is a tax clause applied by the Australian tax system. The tax clauses applied within the fringe tax benefits scheme include non cash employment benefits which an employer receives by his employer. The tax in respect of fringe tax benefits is the responsibility ...
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Profit and Loss Statement Paper
Profit and Loss Statement Paper
Introduction
Riordan Manufacturing, which is plastic making company is having network of more than 500 employees. In this paper, it will be discuss in detail about this company profit and loss statement. Profit and loss statement is made to analyze company ...