Question: Assume you are a newly appointed accountant in a local fashion company -RTXM Clothing Company (RTXM) – based in Melbourne, Australia. This is a private family business with 20 shareholders. Currently, the company has seven different departments, include Accounting and Finance, R&D (product design and development), Sales and Marketing, Human Resources, Information Technology, Distribution and Logistics, and Merchandising, with a total of 130 employees. […]

Question: Read the online article “Blockchain: How does it work?”. Reflect on the opportunities for the accounting profession resulting from blockchain applications.   Answer: One of the game changing technologies one can ever see in the 21st century is Block chain in and in my opinion it has turned the world upside down. After reading the article thoroughly again and again I found some critical opportunities […]

We want to make a excel file and word document. in word document it includes the variations of the data in the excel sheet like where increase where it decrease and why? two years financial statement should be compared. 2018-2019 of Canadian Tire Company in excel have to calculate horizontal analysis, vertical analysis and ratio analysis and market share. ratio analysis 1. common shareholders, 2. […]

This is an online corporate finance quiz, with only one attempt to make. There are 7 numerical problems involved. You need to complete all the questions in the given time. You have exactly 50 minutes to finish the quiz. Do not press the submit button without answering all the questions. If you are having difficulty reading any question, open it in a different browser. Topics […]

Question 1 Download the annual report 2019 of SBS Transit Ltd at https://www.sbstransit.com.sg/Uploads/Investor_Relations/Annual_Report/sbst_annu alreport19_updated.pdf and answer the following questions: (a) Calculate the following accounting ratios of SBS Transit Ltd for the company and the group for the two years 2018 and 2019 (round to two decimal places): (i) Current ratio  (ii) Quick or acid test ratio  (iii) Capital gearing ratio (b) Comment on SBS Transit’s […]

This is an online corporate finance quiz, with only one attempt to make. There are 7 numerical problems involved. You need to complete all the questions in the given time. You have exactly 50 minutes to finish the quiz. Do not press the submit button without answering all the questions. If you are having difficulty reading any question, open it in a different browser. Topics […]

Task: Learning Outcomes 1) Analyse financial information and evaluate financial performance of a business. 2) Apply time value of money to the valuation of a variety of cash flows, securities and projects leading to sound investment and financing decisions. 3) Analyse risk and return associated with investments. 4) Apply various capital budgeting techniques to investment decision making. Apply various capital budgeting methods in investment decision […]

Task: Question 1 On the 1st March 2012 William set up a business as an Accountant. William has had several years’ experience with a large CPA firm in Sydney and when he received a large inheritance from a long lost relative he decided now was the time to take the risk of being his own boss. The following transactions occurred during his first month of […]

Questions 1. “Accounting takes in the process of Identifying, Recording and Communicating”. How would you like to explain the statement? Give support to your answer with examples on Identifying, Recording and Communicating. (3 activity Marks) 2. Explain the concept of double entry system and its relationship with accounting equation.  3. Keenly observe the figure given and give you opinion on the information by answering the […]

Question: Task Alfie Lockyer decides to start up a business as a sole trader on 1 July 2020. Alfie’s Rugby League Memorabilia and Framing Services will sell a range of different memorabilia items including framed jerseys, signed footballs and signed photos of famous rugby league players both online and from a retail shop in Caloundra, Queensland. The business will also provide professional framing services for […]