$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket?
Book Your Assignment at The Lowest Price
Now!
Students Who Viewed This Also Studied
AFE7511-A Accounting and Finance
Question:
Question 1:
- According to the International Financial Reporting Standards, Liabilities should be classified into current and non-current Liabilities. Explain what “Liabilities” means and what are the main criteria for companies to record Liabilities. How can you differentiate between current and non-current Liabilities, use examples to illustrate your answer?
- Discuss the main advantages and disadvantages of the Accounting Rate of Return, Internal Rate of Return, and Payback period.
- Discuss the differences between the Direct and Indirect costs using examples. You must use the relevant academic literature to answer these questions and include references appropriately as evidence of your wider reading and research. (20 marks)
Question 2:
The following information is also available: –
- Closing stock at 31 st of December 2020 is £30,000
Included in the rent expense is £14,000 rent paid for the year ended at 30th of June 2021.
Late Bills of £5,000 for November and December 2020 has not been included in the Bills expense
Required: showing full workings, you are required to:
Prepare an Income Statement and a Balance Sheet for HANY plc at 31st of December 2020.
Analyse the financial position for HANY plc, your analysis should include a discussion of their profitability, liquidity, and efficiency positions (three ratios are required for each position).
Advise the current and potential shareholders of HANY plc whether they should sell or keep their shares in the company and why. Given that the industry average for some of the ratios are as follows: net profit ratio is 25%, current ratio is 150%, debtors’ days 140 days and creditors days 100 days.
Question 3:
SGB Ltd is to be incorporated on 1st of October 2021. The opening cash balance is£30,000. The business has produced the following estimates:
1- Purchases are expected to be £6,000 on October; £9000 per month from November to March. 10% discount is agreed for immediate cash purchases over £7,000; otherwise purchases can be paid on two months credit. SGB Ltd’s policy is to receive cash discounts when available.
2- Bills will be £1500 monthly. Rent will be £3000 per month for the first three months and £5000 per month for the following three months. Both types of expense will be payable when incurred.
3- Planned sales income will be £8,000 from October until, and including January; and sales revenue will rise to £15,000 for the next two months. All sales will be on one-month credit.
4- In December, the company will buy a Machine for £8,000 on credit. Two equal instalments will be paid one in January and the other one in Feb 2022, in cash.
Required
Prepare a cash budget for SGB Ltd for the six-month period ended March 31, 2022.
Advice the management of SGB Ltd on what they need to do to properly manage their cash in the next six months (from October 2021 to March 2022).
Discuss the difference between the role of financial accountants and management accountants.
AFE7511-A Accounting and Finance
Answer in Detail
Solved by qualified expert
Get Access to This Answer
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.
Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.
Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.
Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
16 More Pages to Come in This Document. Get access to the complete answer.
MyAssignmenthelp.com has gained immense popularity by providing top-notch quality CDR writing services to students of the USA who want a lucrative engineering career in Australia. Specifically for delivering CDR reports, we have built robust teams of CDR writers mainly operational in Washington, D.C, New York City and Chicago. Our writers are committed to craft best in class and remarkable CDR assignment help. Students can easily buy assignments solutions from our experts who have years of experience to craft CDR assignments.
More AFE7511A AFE7511-A Accounting and Finance: Questions & Answers
ACC2100 / ACF2100 Financial Accounting
The equipment was estimated to have a further 4-year life with no residual value. Of theinventory on hand in Long Winter Ltd at 1 July 2015, 90% was sold in April 2016, and theremaining 10% was sold in July 2016. On 1 January 2017, the equipment was sold to AutumnLeaves Ltd for $280,000. The tax rat …
View Answer
WPG2101 Accounting for Managers
Please make sure to read each and every line in this word document as it is very important because there are a lot of instructions written and lots of information which you can’t miss out in any situation and also do consider a lot of different colour shaded lines and Marking Rubric at the end …
View Answer
Business Management
1. The conceptual framework defines a number of requirements relating to general purpose financial reporting by reporting entities within Australia. Why or why not would you argue that the selected companies are reporting entities? (Hint: consider application of AASB 1053, SAC 1, and The …
View Answer
Perdisco
Perdisco Assignment (Practice Set) Information Systems for Managers. The Perdisco Assignment has been set up. The Practice Set is titled: Electronic Specialist using MYOB AccountRight Plus V 19 software. There will be 2 attempts per student allowed for the practice set. The 2 attempts means that if …
View Answer
Content Removal Request
If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the
content removal request.
Choose Our Best Expert to Help You
Ayanna Buckley
I did my Ph.D. in Accounting and Finance from the University of Bristol
350 – Completed Orders
Hire Me
Still in Two Minds? The Proof is in Numbers!
33845 Genuine Reviews With a Rating of 4.9/5.
Networking
Case Study: 8 Pages, Deadline:
4 days
Very pleased with the time of delivery as it was delivered two days before time and also the contents of the file looked really good.
User ID: 5***59 Australia
HRM
Assignment: 2.6 Pages, Deadline:
3 days
The final draft collaborated with the expert and I was fairly good. I still needed to reword and switch around some stuff, but the paper structure was …
User ID: 7***07 United States
Finance
Home Work: 1 Page, Deadline:
13 hours
thank you for fixing my answers and doing it under the 6pm time requested. Deadline was met.
User ID: 8***88 Australia
Assignment
Assignment: 8 Pages, Deadline:
12 days
Decent prices, live chat is a life saving and I have received my essay on time.Bonus, the last one had a very small similarity. I would never change i …
User ID: 5***94 Nuneaton, Great Britain
Maths
Home Work: 1 Page, Deadline:
5 days
I just want to thank the person who worked on this assignment, and let them know that I appreciate the care and detail they did on this assignment. I …
User ID: 4***77 Nuneaton, United States
Assignment
Home Work: 6 Pages, Deadline:
9 days
well written assignment, thank you for the help. it is very helpful and written to top standard
User ID: 7***74 Nuneaton, Australia
Management
Essay: 4 Pages, Deadline:
9 days
Good job, I am happy with the amazing services and completed work given that meet the requirement asked. Thank you very much for helping me receive a …
User ID: 2***91 Kuala Lumpur, Malaysia
Management
Assignment: 4 Pages, Deadline:
12 days
Good job, I am happy with the amazing services and completed work given. Thank you very much for helping me receive a good mark. Will definitely work …
User ID: 2***91 Kuala Lumpur, Malaysia
English
Home Work: 2 Pages, Deadline:
11 hours
I got a good mark and I am happy with the results of the work. I would definitely recommend
User ID: 7***20 Kuala Lumpur, Canada
Statistics
Programming: 4 Pages, Deadline:
9 days
Plenty of work, well expanded and explained with graphs and tables. Satisfied with the work done
User ID: 8***18 United Kingdom, Great Britain
Operations
Assignment: 3 Pages, Deadline:
5 days
the works are relevant and correct gramma. with proper research as evidence and correct situation and circumstances
User ID: 5***21 United Kingdom, Canada
Nursing
Assignment: 0 Pages, Deadline:
5 days
The expert did his/her job well. I will always submit more assignments and recommend friends to the site because I am really impressed with the job. t …
User ID: 8***32 United Kingdom, United States
Physics
Programming: 1 Page, Deadline:
5 hours
very good service with excellent turnover time to assist my assignment. Definitely recommend this service
User ID: 7***81 Perth, Australia
Chemistry
Home Work: 0 Pages, Deadline:
1 day
GREAT!!! Outstanding performance and very well scored. I received plenty of help and guidance and knowledge.
User ID: 8***17 Perth, United States
Programing
Programming: 4 Pages, Deadline:
9 hours
Python assignment was due in under 24hrs, order was delivered in a timely manner with thoroughly completed tasks
User ID: 7***52 Perth, Singapore
Finance
Home Work: 2 Pages, Deadline:
5 days
Thank you very much for doing an extraordinary job! The graph was beautiful, and I appreciate you adding the graph and the document was written with c …
User ID: 8***35 Saint Louis, United States
Economics
Assignment: 3.2 Pages, Deadline:
6 days
I was very delighted with the work but please your method of payment should be educated and more steps should be taking
User ID: 3***17 Saint Louis, Ghana
It Write Up
Programming: 12 Pages, Deadline:
11 days
Good work , Thanks for your fast response , just please next time take care of the citation , because it was wrong.
User ID: 2***73 Muscat, Oman
Physics
Home Work: 1 Page, Deadline:
7 days
The expert delivered on time, and even before the due date! Really great results!
User ID: 6***06 Atlanta, United States
Physics
Home Work: 1 Page, Deadline:
7 days
Did a really great job again! Multiple assignments have been completely in a true expert fashion.
User ID: 6***06 Atlanta, United States
Networking
Case Study: 8 Pages, Deadline:
4 days
Very pleased with the time of delivery as it was delivered two days before time and also the contents of the file looked really good.
User ID: 5***59 Australia
HRM
Assignment: 2.6 Pages, Deadline:
3 days
The final draft collaborated with the expert and I was fairly good. I still needed to reword and switch around some stuff, but the paper structure was …
User ID: 7***07 United States
Finance
Home Work: 1 Page, Deadline:
13 hours
thank you for fixing my answers and doing it under the 6pm time requested. Deadline was met.
User ID: 8***88 Australia
Assignment
Assignment: 8 Pages, Deadline:
12 days
Decent prices, live chat is a life saving and I have received my essay on time.Bonus, the last one had a very small similarity. I would never change i …
User ID: 5***94 Nuneaton, Great Britain
Maths
Home Work: 1 Page, Deadline:
5 days
I just want to thank the person who worked on this assignment, and let them know that I appreciate the care and detail they did on this assignment. I …
User ID: 4***77 Nuneaton, United States
Assignment
Home Work: 6 Pages, Deadline:
9 days
well written assignment, thank you for the help. it is very helpful and written to top standard
User ID: 7***74 Nuneaton, Australia
Management
Essay: 4 Pages, Deadline:
9 days
Good job, I am happy with the amazing services and completed work given that meet the requirement asked. Thank you very much for helping me receive a …
User ID: 2***91 Kuala Lumpur, Malaysia
Management
Assignment: 4 Pages, Deadline:
12 days
Good job, I am happy with the amazing services and completed work given. Thank you very much for helping me receive a good mark. Will definitely work …
User ID: 2***91 Kuala Lumpur, Malaysia
English
Home Work: 2 Pages, Deadline:
11 hours
I got a good mark and I am happy with the results of the work. I would definitely recommend
User ID: 7***20 Kuala Lumpur, Canada
Statistics
Programming: 4 Pages, Deadline:
9 days
Plenty of work, well expanded and explained with graphs and tables. Satisfied with the work done
User ID: 8***18 United Kingdom, Great Britain
Operations
Assignment: 3 Pages, Deadline:
5 days
the works are relevant and correct gramma. with proper research as evidence and correct situation and circumstances
User ID: 5***21 United Kingdom, Canada
Nursing
Assignment: 0 Pages, Deadline:
5 days
The expert did his/her job well. I will always submit more assignments and recommend friends to the site because I am really impressed with the job. t …
User ID: 8***32 United Kingdom, United States
Physics
Programming: 1 Page, Deadline:
5 hours
very good service with excellent turnover time to assist my assignment. Definitely recommend this service
User ID: 7***81 Perth, Australia
Chemistry
Home Work: 0 Pages, Deadline:
1 day
GREAT!!! Outstanding performance and very well scored. I received plenty of help and guidance and knowledge.
User ID: 8***17 Perth, United States
Programing
Programming: 4 Pages, Deadline:
9 hours
Python assignment was due in under 24hrs, order was delivered in a timely manner with thoroughly completed tasks
User ID: 7***52 Perth, Singapore
Finance
Home Work: 2 Pages, Deadline:
5 days
Thank you very much for doing an extraordinary job! The graph was beautiful, and I appreciate you adding the graph and the document was written with c …
User ID: 8***35 Saint Louis, United States
Economics
Assignment: 3.2 Pages, Deadline:
6 days
I was very delighted with the work but please your method of payment should be educated and more steps should be taking
User ID: 3***17 Saint Louis, Ghana
It Write Up
Programming: 12 Pages, Deadline:
11 days
Good work , Thanks for your fast response , just please next time take care of the citation , because it was wrong.
User ID: 2***73 Muscat, Oman
Physics
Home Work: 1 Page, Deadline:
7 days
The expert delivered on time, and even before the due date! Really great results!
User ID: 6***06 Atlanta, United States
Physics
Home Work: 1 Page, Deadline:
7 days
Did a really great job again! Multiple assignments have been completely in a true expert fashion.
User ID: 6***06 Atlanta, United States
Have any Query?
- Assignment status: Already Solved By Our Experts
- (USA, AUS, UK & CA PhD. Writers)
- CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS, GET A NON PLAGIARIZED PAPER FROM OUR EXPERTS
