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Assessment Task 2- Report
Assessment Task 2- Report
Question-1
Statutory Requirements for Tax
The statutory requirements that are being provided as far as tax liabilities are concerned are many and they can be listed follows:
General sales tax is being levied on all the products of Houzit limited. There is some leeway and ...
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Week 9 e-activity
Week 9 e-activity
The lease exposure draft is one of the several convergence projects that are currently under consideration of Financial Accounting Standard Board (FASB) and International Accounting Standard Board (IASB) in order to make the United States GAAP more comparable to International Financial Reporting Standards (IFRS). According to ...
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The Bottom Line - Case Study
The Bottom Line - Case Study
Introduction
The case study is related to the company known as The Bottom Line (TBL). The Bottom Line Company encourages the active lifestyle of the employees by balancing their work schedule. The company has stressed upon the physical needs of ...
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Accounting analysis
[Name of the Institute]
HYDROMANT, INC
Statement of Income
For the Year ending December 2013
Service Revenue
1874000
Cost and Expenses
Cost of goods sold
529103
Selling and administrative expenses
229747
Depreciation and amortization
229747
Depreciation and amortization
63993.6
Total Cost and Expenses
1052591
Operating Income before Tax
821409.4
Income Tax Expenses
246422.8
Net Income
574986.6
HYDROMAINT,INC
Balance Sheet
Assets
December 31,20X3
Current Assets
Cash
349694
Account Receivables
200000
Supplies on hand
15030
Prepaid insurance
5200
Net operating tax benefit, net of
1898
7052
valuation allowance of ...
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ACCOUNTING FOR BUSINESS: REFER/DEFER COURSEWORK
Accounting for Business: Refer/Defer Coursework
Accounting for Business: Refer/Defer Coursework
Introduction
In order to run a successful business, it is highly recommended to do adequate financial planning and evaluate how well business is performing. Financial ratio analysis is considered as the most reliable financial tool to measure the performance ...
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FINANCIAL DECISION MAKING
Financial decision making
Financial decision making
Q. 1 (A)
A) An assets basis valuation
If we assume that a purchaser would accept the revaluation of assets by the independent valuation entity, an assets valuation of equity would be as follows: Fixed assets
Ignore patents. assumed to have no market value
RO
RO
Land ...
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Accounting and Finance Assignment
Accounting and Finance Assignment
Introduction
This is an assignment of accounting and finance which will involve financial analysis too. Financial analysis is the behavior of judging the feasibility, profitability, liquidity, solvency and stability of some projects and businesses. The main part of a financial analysis is the ratio analysis ...
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Accounting Analysis
Accounting Analysis
Accounting Analysis
BOARD OF DIRECTORS
DM:
Board Meeting
ACTION DISCUSSION INFO
X
TO:London plc Board of Directors
From: Divisional Manager
April 1, 2012
Subject: Board Policy on Goal Setting, and performance for the
Divisional Manager
RECOMMENDED ACTION
It is recommended by the Divisional Manager that the Board of Directors adopt a policy ...
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Entity-Relationship Model
Entity-Relationship Model
Jillian's database Entity-Relationship Model
Due to the needs of companies in timely and accurate financial records, they became one of the first computer applications and lastly management reporting system which is the result of activities of any management accounting system. The plan is to achieve the objectives are ...
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HONDA COMPANY
Honda Company
Honda Company
Overview of the Company
Honda is Japanese based company that is involved in manufacturing automobiles and motorcycles. This company is one of the largest motorcycle manufacturers that were established in 1959 by Soichiro Honda. Beside this, Honda has also been world's largest manufacturer of ...