Fancy Furry Felines Pty Ltd (FFF) is a company that retails products for cats both through physical shops and online. The online business has boomed throughout the pandemic. The company is classified as a large proprietary company for the 2020/21 financial year. The directors of the company, Sid and Nancy, are considering whether FFF should become a public company (although not listing on the ASX at this stage). Required: Explain to Sid and Nancy the advantages and disadvantages of keeping the company as a Pty Ltd company or transforming it into a Ltd company.

ABC Limited restores and sells top end classic and antique automobiles. Most of its customers are private collectors, but some are investors who buy multiple cars and hold them for resale. ABC Limited extends no credit terms. All sales are for cash.Required: Which of the relationships in the following diagram properly models the entity associations for ABC Limited? Explain your answer.HI5019: Strategic Information Systems for Business and Enterprise Page 2 of 2THE EN

Uncle Jackson owns and operates The Hammer- Mill, an entity that specialises in producing maize meal and stock feeds. It is based in Polokwane Limpopo and has a 31 December financial year end. The entity is registered for VAT and so are all other entities that it is trading with. Assume all amounts are VAT inclusive unless stated otherwise. During the financial year ended 31 December 2019, you are presented with the following information: Land and bulldings The business has property that was acquired on 30 April 2017 at a cost of R 1 035 000. At acquisition, 25% of this property constituted the land, the rest buildings. This property was declared ready for use as intended by management on 1 May 2017. In February 2019, Uncle Jackson decided to expand operations into Tzaneen and bought a piece of Land worth R287 500. This transaction occurred on 28 February 2019. He simply bought the land but decided that he would develop the land into another milling factory at the beginning of the 2020…

Brookwood Pines Hospital Question C5.4 is based on the following case. Goodfellow & Perkins LLP is a successful mid-tier accounting firm with a large range of clients across Texas. During 2022, Goodfellow & Perkins gained a new client, Brookwood Pines Hospital (BPH), a private, not-for-profit hospital. The fiscal year-end for BPH is June 30. Goodfellow & Perkins is performing the audit for the fiscal year-end June 30, 2023. BPH provides medically necessary care to patients, regardless of their ability to pay. Both uninsured and underinsured patients are offered discounts of up to 100% of charges based on their income as a percentage of the federal poverty level guidelines. BPH does not pursue collection of these accounts; therefore, they are not reported in patient service revenue and accounts receivable. The cost of providing the charity care is included in operating expenses. BPH’s investments consist of mutual funds, common equities, corporate and U.S. government debt…