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The following equations describes Nigeria economy. C=0.9(I-t)y, I=300-600r, G=300, t=3y, L=0.25y-150r, M=375.


Find: 1. IS LM FUNCTIONS AND SLOPE

2. Equilibrium level of income and interest rate


 Discuss and analyze the following transactions for X Ltd, using the concept of accounting equation (Assets, Liabilities and Equities).

1. Purchased Furniture for Rs675000

2. Capital Introduced by the business Owner by depositing 12 Lakhs in the bank account

3. Goods purchased on credit from Aman Enterprises for Rs105000

4. Goods sold on credit for Rs 400000. The cost of the goods sold was Rs 300000

5. Purchased goods from Sneha Enterprises for Rs 600000 and made the payment from the business's bank account 

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).  


 Financial statements should reflect a true and fair view of the business. Explain in your own words what is meant by this statement by explaining the qualitative characteristics of financial statements


Is Budgetary Control an expense account?


Is Estimated Revenue Control a revenue account?


Is Appropriations an asset, liability, revenue, or expense account? Which one is it?


Is Encumbrance an asset, liability, revenue, or expense account? Which one is it?


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?



What does it mean when you Overstate your Revenues?


What does it mean when you Understate your Revenues?


What does it mean when you Overstate your Liabilities?


What does it mean when you Understate your Liabilities?


What does it mean when you Understate your Equity?


What does it mean when you Overstate your Equity?


What does it mean when you Overstate your Retained Earnings?


What does it mean when you Understate your Retained Earnings?


What does it mean when you Understate your Beginning Inventory?


What does it mean when you Overstate your Beginning Inventory?


What does it mean when you Overstate your Cost of Goods Available for Sale?


What does it mean when you Understate your Cost of Goods Available for Sale?


What does it mean when you Understate your Purchases account?


What does it mean when you Overstate your Purchases account?


What does it mean when you Overstate your Sales account?


What does it mean when you Understate your Sales account?


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 Growth Model (Question 1) and EPS (Question 2).


Enter up the sales, purchases and returns daybooks from the following details. Then post the individual items to the relevant accounts in the sales and purchases ledger and transfer the totals of the various daybooks to the accounts in the general ledger: 

May 1 Credit purchases: R. Burton shs. 2,500, C. Malthus shs. 1,450, M. Adleman shs. 3,550

May 5 Credit Sales: S.David shs. 4,100, T.White shs. 3,400, P. Black shs. 2,700

May 7 Credit purchases: A. Thomas shs. 1,470, R. Burton shs. 1000, C. Malthus shs 1,900

May 9 Goods returned by us to: R. Burton shs. 350, C.Malthus shs 500

May 10 Goods returned to us by: T.White shs 250, P.Black shs. 300

May 12 Credit purchases: A. Thomas shs. 1,860, R.Burton shs. 2,500, C. Malthus shs 800

May 15 Credit sales: T. White Shs. 1,500, S. Davis shs 2,200

May 18 Goods returned by us to: A Thomas shs. 200, C. Malthus shs 100

May 25 Goods returned to us by T.White shs 180.



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.