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Analyze the annual reports of Flour Mills of Fiji (2020), RB Patel Ltd (2020) and Paradise Beverages Ltd (2019) from South Pacific Stock Exchange (SPSE) and answer the following questions.
1. Calculate the share value using Dividend Discount Model, assuming dividend will grow 3% for Flour Mills of Fiji, 6% for RB Patel Ltd and 9% for Paradise Beverages constantly for the companies on their respective base year.
2. Calculate the Earnings Per Share (EPS) and the Market Capitalization for each of the companies.
3. Comment on the share value of the companies given the Dividend Discount Model (Question 1) and EPS (Question 2).
The investment in Branch accounting has a balance that equals the account of the branch?
what is economics?
66) Cambra Corporation manufactures two products: Product N70E and Product F54Y. The
company is considering implementing an activity-based costing (ABC) system that allocates its
manufacturing overhead to four cost pools. The following additional information is available for
the company as a whole and for Products N70E and F54Y.
Activity Cost Pool Activity Measure Total Cost Total Activity
Machining Machine-hours $ 171,000 9,000 MHs
Machine setups Number of setups $ 150,000 250 setups
Product design Number of products $ 78,000 2 products
General factory Direct labor-hours $ 330,000 10,000 DLHs
Activity Measure Product N70E Product F54Y
Machine-hours 5,000 4,000
Number of setups 150 100
Number of products 1 1
Direct labor-hours 4,000 6,000
Using the ABC system, the percentage of the total overhead cost that is assigned to Product
F54Y is closest to:
A) 51.17%
B) 27.16%
C) 50.00%
D) 24.01%
65) Annika Company uses activity-based costing. The company has two products: A and B. The
annual production and sales of Product A is 4,000 units and of Product B is 1,000 units. There
are three activity cost pools, with total cost and activity as follows:
Total Activity
Activity Cost Pool Total Cost Product A Product B Total
Activity 1 $ 18,000 700 300 1,000
Activity 2 $ 24,000 500 100 600
Activity 3 $ 60,000 800 400 1,200
The activity-based costing cost per unit of Product A is closest to:
A) $20.40
B) $10.00
C) $18.15
D) $17.00
Prepare the Statement of Comprehensive Income as at: 28 February 2021. Embassy Traders Pre-adjustment Trial Balance as at: 28 February 2021
Debit Lease Receivable
Debit Loss
Credit Fixed Assets
- What does this journal entry mean?
Debit ROU Asset
Credit Lease Liability
- What does this journal entry mean?
Debit Interest Expense
Debit Lease Liability
Credit Cash/Lease Payable
- What does this journal entry mean?
Debit Amortization Expense
Credit Accumulated Amortization – ROU asset
- What does this journal entry mean?
Debit Lease Receivable
Credit Fixed Asset
Credit Gain
- What does this journal entry mean?
Debit Lease Receivable
Debit Residual Asset
Credit Fixed Asset
- What does this journal entry mean?
Debit Cash (lease payment)
Credit Interest Income
Credit Lease Receivable
- What does this journal entry mean?
Debit Cash
Credit Rental Income
- What does this journal entry mean?
Thank you.
The following information has been taken from the books of Lobelia Traders, a general trading shop in Braamfontein, for the month of April 2020: Lobelia Traders is a registered VAT vendor and trades only with registered VAT Vendors. The business charges 15% VAT on all its sales.
Can you please provide me an answer for each of the questions individually, not together. I really need a good and simple explanation for each. Thank you.
What does it mean when you Understate your Cost of Goods Sold?
What does it mean when you Overstate your Cost of Goods Sold?
What does it mean when you Understate your Ending Inventory?
What does it mean when you Overstate your Ending Inventory?
What does it mean when you Overstate your Expenses?
What does it mean when you Understate your Expenses?
What does it mean when you Overstate your Current Assets?
What does it mean when you Understate your Current Assets?
What does it mean when you Overstate your Profit?
What does it mean when you Understate your Profit?
What does it mean when you Overstate your Assets?
What does it mean when you Understate your Assets?
