T 6. Deferred tax asset. F 7. Need for valuation allowance account. T 8.
Strategy TABLE OF CONTENTS INTRODUCTION 5 PART A: EXTERNAL AND INTERNAL ENVIRONMENT ANALYSIS 6 I. General Environment Analysis 6 1. Economic Environment 6 a. Gross Domestic Product (GDP) 6 b. Vietnam GDP Annual Growth Rate 6 c. Personal Income Per Capita 7 d. Inflation Rate 7 e. International Agreements 7 f. Vietnam Economic Structure 8 2. Political Environment 8 3.
8 1.2. VERTICAL AND HORIZONTAL TREND ANALYSIS OF CONSOLIDATED BALANCE SHEET…………………………………………………………………….. 9 1.3. FINANCIAL RATIO ANALYSIS………………………………………………... 10 2. CALCULATIONS: 2………………………………………………………………… 11 2.1. CASH FLOW BUDGETING ANALYSIS……………………………………….. 13 2.2.
External Threats 16 B5a. Threat Recommendation 16 B6. Financial Objective 17 B7. Strategic Objective 18 C1. Principal Managerial Components 20 C2.
6/5/2013 Implement & Maintain Internal Control Procedures | Table of Contents 1. Introduction…………………………………………………………………………….2 2. Procedure Description: * The Payroll System………………………………………………………….4 * The Cash Receipts…………………………………………………………..7 3. Flow Charts * The Pay Roll System Flow Chart………………………………………6 * The Cash Receipts Flow Chart……………………………………….11 4. Comments and Recommendations for Improvement…………….12 5.
A comparative balance sheet and income statement for Eaton Company follow: Eaton Company Comparative Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash $ 4 $ 11 Accounts receivable 310 230 Inventory 160 195 Prepaid expenses 8 6 ________________________________________ ________________________________________ ________________________________________ ________________________________________ Total current assets 482 442 ________________________________________ ________________________________________ ________________________________________ ________________________________________ Property, plant, and equipment 500 420 Less accumulated depreciation 85 70 ________________________________________ ________________________________________ ________________________________________ ________________________________________ Net property, plant, and equipment 415 350 ________________________________________ ________________________________________ ________________________________________ ________________________________________ Long-term investments 31 38 ________________________________________ ________________________________________ ________________________________________ ________________________________________ Total assets $ 928 $ 830 ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ Liabilities and Stockholders' Equity Accounts payable $ 300 $ 225 Accrued liabilities 70 80
31. The auditor: c. performs work to reach an opinion on the ICFR and financial statements. 32. The audit engagement team: b. is some combination of partners, managers, seniors and associates. 33.
| Selected Answer: | C. finance companies. | | 10. The money market provides liquidity; the capital market finances economic growth. | Answer: | True | | 11. The only “deposit-type” institutions that do not operate for profit areAnswer B. credit unions | | 12.
Contract manufacturing. 17. Management contracting. 18. Joint ownership.
WC = Receivables + Inventory - Accounts Payable | Q1 | Q2 | Q3 | Q4 | WC | 2015.6 | 2969.2 | 2730.8 | 2336.5 | 3. (a) Estimate the firm's seasonal working capital. Estimate seasonal WC = WCmax - Wcmin