MANAGERIAL ACCOUNTING FUND. W/CONNECT
5th Edition
ISBN: 9781259688713
Author: Wild
Publisher: MCG
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Chapter 13, Problem 3BTN
To determine
(1)
To explain:
What is your opinion about the CEO reporting just 4 ratios instead of 11.
To determine
(2)
To comment:
What will be the possible consequences of CEO’s above action.
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explanatory comments on the Statement of Financial Position from 2009 to 2013 as shown below.
TREND ANALYSIS
2009-10
2010-11
2011-12
2012-13
2009-10
2010-11
2011-12
2012-13
GHC
GHC
GHC
GHC
%
%
%
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CURRENT ASSETS
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200
240
400
220
100
120
200
110
BANK
260
300
200
240
100
115
76.9
92
DEBTORS
400
600
1000
1600
100
150
250
400
STOCK
800
1200
1800
2000
100
150
225
250
NON CURENT
ASSETS
Building
1000
1200
1200
1200
100
120
120
120
Plant and Machinery
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2400
2400
2800
100
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140
4660
5940
7000
8060
100.00
127
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173
Required;
As a financial analyst you are required to produce a detailed commentary on the TREND
shown in the statement of financial position above.
ome selected financial statement items belonging to MNO Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021?
Inventory
12,500
Total Assets in 2021
110,000
Current Liabilities
40,000
Total Assets in 2020
90,000
Net Profit
12,000
Shareholders' Equity
65,000
Select one:
a. 0.18
b. 0.10
c. 0.13
d. 0.12
Some selected financial statement items belonging to MNO Company are given in the table below. According to this information, which of the following is Return on Assets (ROA)?
Inventory
12,500
Current Assets
50,000
Current Liabilities
40,000
Non-current Assets
90,000
Net Profit
12,000
Shareholders' Equity
65,000
Select one:
a. 12.2%
b. 18.5%
c. 9.23%
d. 13.3%
Clear my choice
2)
Which one of the following defines a cash flow statement correctly?
Select one:
a. A cash flow statement is a financial statement which estimates cash inflows and cash outflows for a future period.
b. A cash flow statement is statement of changes in cash position between the beginning and end of the period. It is a statement which summarises the sources from which cash payments are made during a particular period of time.
c. A cash flow statement is a document which report the cash owned by a company in the details of difference…
Chapter 13 Solutions
MANAGERIAL ACCOUNTING FUND. W/CONNECT
Ch. 13 - Prob. 1MCQCh. 13 - Prob. 2MCQCh. 13 - Prob. 3MCQCh. 13 - Prob. 4MCQCh. 13 - Prob. 5MCQCh. 13 - Prob. 1DQCh. 13 - Prob. 2DQCh. 13 - Prob. 3DQCh. 13 - Prob. 4DQCh. 13 - Prob. 5DQ
Ch. 13 - Prob. 6DQCh. 13 - Prob. 7DQCh. 13 - Prob. 8DQCh. 13 - Prob. 9DQCh. 13 - Prob. 10DQCh. 13 - Prob. 11DQCh. 13 - Prob. 12DQCh. 13 - Where on the income statement does a company...Ch. 13 - Prob. 14DQCh. 13 - Prob. 15DQCh. 13 - Prob. 16DQCh. 13 - Use Samsungs financial statements in Appendix A to...Ch. 13 - Prob. 1QSCh. 13 - Prob. 2QSCh. 13 - Prob. 3QSCh. 13 - Prob. 4QSCh. 13 - Prob. 5QSCh. 13 - Prob. 6QSCh. 13 - Prob. 7QSCh. 13 - Prob. 8QSCh. 13 - Prob. 9QSCh. 13 - Prob. 1ECh. 13 - Prob. 2ECh. 13 - Prob. 3ECh. 13 - Prob. 4ECh. 13 - Prob. 5ECh. 13 - Prob. 6ECh. 13 - Prob. 7ECh. 13 - Prob. 8ECh. 13 - Prob. 9ECh. 13 - Prob. 10ECh. 13 - Prob. 11ECh. 13 - Prob. 12ECh. 13 - Prob. 13ECh. 13 - Prob. 14ECh. 13 - Prob. 15ECh. 13 - Prob. 1PSACh. 13 - Prob. 2PSACh. 13 - Prob. 3PSACh. 13 - Selected year-end and financial statement of...Ch. 13 - Prob. 5PSACh. 13 - Prob. 6PSACh. 13 - Prob. 1PSBCh. 13 - Prob. 2PSBCh. 13 - Kato Corporation began the month of June with...Ch. 13 - Prob. 4PSBCh. 13 - Prob. 5PSBCh. 13 - Prob. 6PSBCh. 13 - This serial Problem began in Chapter 1 and...Ch. 13 - Refer to Apples financial statements in appendix A...Ch. 13 - Prob. 2BTNCh. 13 - Prob. 3BTNCh. 13 - Prob. 4BTNCh. 13 - Prob. 5BTNCh. 13 - Prob. 6BTNCh. 13 - Prob. 7BTNCh. 13 - Prob. 8BTNCh. 13 - Prob. 9BTN
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