Gerrard acquired an item of plant at a cost of £800,000 on 1 January 2018 that is used to produce and package pharmaceutical pills. The plant had an estimated residual value of £50,000 and an estimated life of five years. Gerrard uses straight-line depreciation. On 31 December 2020 (after depreciation had been calculated for the year), Gerrard was informed by a major customer (who buys products produced by the plant) that it would no longer be placing orders with Gerrard. Even before this information was known, Gerrard had been having difficulty finding work for this plant but by modifying production methods Gerrard now estimates that the plant will have three more years of useful life, and net cash inflows will be as follows: Year ended: £000 31 December 2021 220 31 December 2022 180 31 December 2023 170 On 31 December 2023, the plant is still expected to be sold for its estimated realisable value. Gerrard has confirmed that there is no market in which to sell the plant at 31 December 2020. Gerrard's cost of capital is 10% and the following values should be used: Value of £1 at: End of Year 1 End of Year 2 End of Year 3 0.91 0.83 0.75

Before you begin this assignment, review the Tying it All Together feature in the chapter. It will also be helpful if you review TravelCenters of America LLC’s 2075 annual report</i> (https://www.sec.gov/Archives/edgar/data/1378453/000137845316000040/a2015123110k.htm). TravelCenters of America LLC is the largest full-service travel center company in the United States, serving both professional drivers and motorists. Since 2011, the company’s growth strategy has been to acquire additional travel center and convenience center locations. In addition to agreements entered into in 2015, the company acquired 3 travel centers and 170 convenience centers for a total purchase price of $320.3 million. Requirements Using the payback method, suppose TravelCenters of America expect to receive an annual net cash inflow of $32.03 million per year. How many years would it take to pay back the initial investment? What are some disadvantages to using the payback method? Why would a company, such…

Please analyze, assess, and synthesize the Annual Report or Form 10-K or Form 20 - F (whatever they call it in that jurisdiction) of the company you choose. You can usually find it on the Company's website in Investor R. Introduction 2. Industry situation and company plans A. Management Letter B. B. Review Company's Products and Services 3. Financial Statements A. Income Statement B. Cash Flow Statement C. Balance Sheet D. Accounting Policies 4. Financial Analysis & Ratio A. Financial Analysis B. Ratio C. Market Indicator Financial Ratios 5. References 6. Complete Calcuation of Part 4 in excelLimi

List and describe the major steps a business should follow in developing a new accounting information system (i.e., the phases of the system’s development life cycle). Be thorough in your answer