Questions from General Accounting


Q: The following values relate to various ratios for an outdoor adventure clothing

The following values relate to various ratios for an outdoor adventure clothing store for the most recent year. At the end of the year, total assets as per the statement of financial position were $90...

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Q: The treasurer of Reality Ltd has recently developed a computer model to

The treasurer of Reality Ltd has recently developed a computer model to help in the prediction of profits, statement of financial position and cash flows. By entering the expected sales figure and the...

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Q: If an entity uses an asset evenly over its useful life,

If an entity uses an asset evenly over its useful life, predict the method of depreciation the entity would use.

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Q: The following table provides a historical summary of key financial ratios for

The following table provides a historical summary of key financial ratios for Homer Corporation. Required (a) With reference to the appropriate ratios, analyse the trend in Homer Corporationâ&#...

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Q: Lincoln Indicators professes nine golden rules for successful sharemarket investing. The

Lincoln Indicators professes nine golden rules for successful sharemarket investing. The golden rules relate to financial health, management assessment, outlook/forecast, share price value, share pric...

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Q: The following financial statements were prepared for the management of Back2Basics Ltd

The following financial statements were prepared for the management of Back2Basics Ltd. The statements contain some information that will be disclosed in note form in the general purpose financial sta...

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Q: The following financial ratios and information relate to Starbucks Corporation for the

The following financial ratios and information relate to Starbucks Corporation for the period 2008 to 2017. Required (a) Represent the 2017 horizontal analysis of the asset section of the statement o...

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Q: Qantas Airways integrates a sustainability report with its annual review. Locate

Qantas Airways integrates a sustainability report with its annual review. Locate the most recent sustainability report to address the following questions. The reports can be located at www.qantas.com....

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Q: Debt collection companies Credit Corp Group and Collection House have reported uplifts

Debt collection companies Credit Corp Group and Collection House have reported uplifts in revenue and profits for 2015 suggesting that the debt collection market is flourishing. Speaking about Credit...

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Q: Your friend has $5000 to invest in the stockmarket and is

Your friend has $5000 to invest in the stockmarket and is deciding between an investment in Bamboo Ltd or Panda Ltd. In the most recent reporting period, Panda Ltd made a profit after tax of $1 500 00...

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