Which of the following statements is correct?

give your opinion from the financial accounting perspective. ( You may refer to an appropriate accounting principle.) .Assume a financial year from 1st January -31st Dec 2022. The non-current assets of Daystar ltd purchased three years ago for sh. 22,000,000 have been entered in the books at sh.30,000,000 based on the current market value.

31. A Statement of Financial Position includes _____________________ of the company for a particular year. a. Assets only b. Only liabilities c. Owners' capital only d. All of the options

Q025: Which accounting concept requires that financial statements reflect the assumption that the business will continue operating indefinitely? A) Economic Entity Assumption B) Going Concern Assumption C) Monetary Unit Assumption D) Periodicity Assumption

The role of a financial statement analyst is to use financial reports prepared by an organisation together with other information, to evaluate the past, present and future performance of an organisation for the purpose of making investment, credit and other decisions. In relation to the above statement, outline FOUR types of economic decisions that a financial analyst could make from the analysis of financial statements of an organisation. (b) The profit after tax of Baragoh Ltd. for the year ended 30 September 2022 was Sh.15 million. As at 1 October 2021, the company had in issue 36 million equity shares and Sh.10 million 8% convertible loan note. The loan note will mature in year 2023 and will be redeemed at par or converted to equity shares on the basis of 25 shares for each Sh.100 of loan note at the loan note holder’s option. On 1 January 2022, Baragoh Ltd. made a fully subscribed rights issue of one new share for every four shares held at a price of Sh.2.80 each. The market…

For this question, please refer to the Fact Pattern below (Same fact pattern as previous question). Given the set of transactions above, what was Adjusted EBITDA in 2021? O $1,107.2 O $1,082.2. O $1,068.2 $1,092.2 Activities during the year: Capital expenditures Cost of Goods Sold (excluding D&A) Dividend Payout Ratio (dividends/ net income to common shareholders) Income Tax Net Interest Expense Net Revenues Non-controlling Interest Expense (After-Tax) Litigation Expense Other Operating Expenses (excluding D&A) Purchases of intangible assets Preferred dividends Research And Development (excluding D&A) Proceeds from sale of land with book value of $15 Selling, General, & Administrative (excluding D&A) Write-down of PP&E 2021 580.0 3,256.0 40% 35% 45.6 5,800.0 25.0 97.0 16.5 45.0 5.0 56.3 20.0 1,488.0 7.0

1. Companies present sufficient financial information so the creditors and reasonably prudent investor will not be misled. 2. Companies listed on the philippine stock exchange report audited financial information annually and report unaudited information quarterly. Choices: a. Full disclosure principle b. Time period assumption c. Materiality constraint d. Cost Principle e. Revenue recognition principle f. Conservatism Constraint g. Matching principle h. Economic entity assumption i. Monetary unit j. Going concern k. Some other answers

Listed below are the current Accounting Assumptions and Principles                               Economic Entity Assumption   Monetary Unit Assumption   Historical Cost Principle           Going Concern Assumption   Revenue Recognition Principle   Full Disclosure Principle           Time Period Assumption   Matching Principle                                   Required:                   For the following situations, identify whether the situation represents a violation or a correct application of GAAP, and which assumption/principle is applicable.                                       a. In May 2021, Regent Corporation recorded as revenue $5,000 received in advance from a customer for a job that would be completed in June 2021.                     Violation: (Yes/No)                 Applicable Assumption/Principle:                                     b. Sally Maze made sure to keep her personal expenditures separate from her marketing company books.…

What is the relationship between current liabilities and a company's operating cycle? Select one: а. Current liabilities are the result of operating transactions. O b. There is no relationship between the two. O c. Liquidation of current liabilities is reasonably expected within the company's operating cycle (or one year if less). O d. Current liabilities can't exceed the amount incurred in one operating cycle.

Can you please help mi with only question a) ?