
Pkg Acc Infor Systems MS VISIO CD
10th Edition
ISBN: 9781133935940
Author: Ulric J. Gelinas
Publisher: CENGAGE L
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Chapter 3, Problem 12RQ
Summary Introduction
To determine: The four methods of conducting
Introduction:
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The Company’s Act 71 of 2008 has crucial regulations that relate to the auditing of financial statements of the companies. These regulations are regulation: 26, 27, 28, 29 and 43. These regulations work in conjunction with each other and are pertinent to the public interest score concept, audit and review requirements, reportable irregularities for independent reviews, the financial reporting standards with which different entities must comply as well as the social and ethics committee. The following relevant details pertain to Harakuta (Pty) Ltd:
Employees at 31 January 2023
210
Employees at 31 December 2023
250
Long-term loan: FNB bank
N$30.3 million
Turnover for the year to 31 December 2023
N$60 million
Number of shareholders as at 31 December 2023
33
Required:a. Calculate the public interest score of Harakuta (Pty) Ltd for 2023 financial year b. With a reason of your above calculation indicate if Harakuta (Pty) Ltd requires to be audited or not.
provide a detail explanation on how to complete the table given below
compute the WACC from the information provided after the table template.
capital component
market value
weight
cost of capital
weight x cost of capital
debt
common stock
preferred shares
The following balance sheet extract relates to the Spread-Out AirlinesLtd.Bonds Payable $1,000,000Preferred Stock $2,000,000Common Stock $3,000,000
Additional Information:1. The bonds are 8%, annual coupon bonds, with 9 years tomaturity and are currently selling for 90% of par.2. The company’s common shares which have a book value of $25per share are currently selling at $20 per share.3. The preferred shares are 5% preferred shares with a bookvalue of $100 per share. These shares are currentlyselling at $80 per share.4. The company has an equity beta of 1.35 and the current Treasury bill rate is 3.0%. The market risk premium is1.5%5. The company’s tax rate is 30%.
Finance problem qn
Chapter 3 Solutions
Pkg Acc Infor Systems MS VISIO CD
Ch. 3 - Define E-business.Ch. 3 - Prob. 2RQCh. 3 - Describe the activities associated with a manual...Ch. 3 - Describe the stages of an automated accounting...Ch. 3 - Prob. 5RQCh. 3 - Explain the relationship between the periodic mode...Ch. 3 - Prob. 7RQCh. 3 - Prob. 8RQCh. 3 - Prob. 9RQCh. 3 - Prob. 10RQ
Ch. 3 - Prob. 11RQCh. 3 - Prob. 12RQCh. 3 - Prob. 13RQCh. 3 - Explain the advantages of using electronic...Ch. 3 - Prob. 15RQCh. 3 - What is the main advantage of using EDI to capture...Ch. 3 - Prob. 17RQCh. 3 - Prob. 18RQCh. 3 - Prob. 19RQCh. 3 - How does Internet commerce simplify the world of...Ch. 3 - What role do network providers play in the...Ch. 3 - Prob. 22RQCh. 3 - Prob. 23RQCh. 3 - Prob. 24RQCh. 3 - The business environment is increasingly demanding...Ch. 3 - Prob. 2DQCh. 3 - Consider your favorite fast food chain restaurant....Ch. 3 - Prob. 4DQCh. 3 - Prob. 5DQCh. 3 - Why is it important to have standards, such as X12...Ch. 3 - Prob. 7DQCh. 3 - Prob. 8DQCh. 3 - Why has the Internet caused such an explosion in...Ch. 3 - Prob. 10DQCh. 3 - Prob. 11DQCh. 3 - Prob. 1SPCh. 3 - Prob. 2SPCh. 3 - E-business has allowed companies to reduce...Ch. 3 - Prob. 4SPCh. 3 - Prob. 5SPCh. 3 - Prob. 1PCh. 3 - Prob. 2PCh. 3 - Prob. 3PCh. 3 - Prob. 4PCh. 3 - Prob. 5PCh. 3 - Explain how EDM could be used in your AIS class to...Ch. 3 - Using the Internet, find and describe an Internet...Ch. 3 - Prob. 8PCh. 3 - Prob. 9PCh. 3 - Using the four methods of conducting E-business...Ch. 3 - Prob. 11P
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