TDS

Q: What is the purpose of financial statement analysis?

A: Financial statements are written records that convey the information on the financial performance,…

Q: Define Unclassifi ed balance sheet

A: Introduction: Unclassified balance sheets are typically utilized only for internal purposes.…

Q: at is a balance sheet? Why is it useful? What is the difference between a pro forma balance sheet…

A: The financial information is very important now days and it is very important to give the…

Q: Increasing interest expense will have what effect on EBIT?

A: EBIT stands for Earnings before Interest and Tax, the amount earned by the company from the…

Q: Distinguish between liquid and illiquid assets, and list some assets that are liquidand some that…

A: Liquid asset: It is a resource or asset that can be effortlessly transferred over into cash in a…

Q: What is hedge accounting?

A:

Q: Define Balance sheet ratios

A:

Q: normal balance of asset, liability, and equilt

A: The balance sheet shows the financial position of the company that including the assets,…

Q: (d) Based on (c), what will be the ending balance in AFDA? What is net realizable value of A/R?

A: Accounts Receivables - Accounts Receivables are the amount unpaid by the customer for the service…

Q: an you please tell me which ones are the current assets, the fixed assets and the non current assets

A: Assets are classified into two types: Current assets  Non-current assets An asset that converts…

Q: Distinguish between assets and liabilities.

A: Step 1 Assets can be defined as the resources owned by the organization which is capable of…

Q: How can assets and liabilities be classified for a more informative balance sheet?

A: The balance sheet represents the financial position of the business with assets and liabilities on a…

Q: What is return on assets(roa)?

A: In general terms, ROA is similar to  Return on Investment.

Q: What are some of the specific items that have to be reported on the balance sheet under IFRS?

A: IFRS - stands for International Financial Reporting Standards, which deals with accounting standards…

Q: Define the concept of Financial Assets

A: Definition:- Generally Financial assets are not in physical nature assets. Which are liquid assets…

Q: The partial balance sheet is what I need help with.

A: Balance sheet is a part of financial statements. It is divided into two parts that is assets and…

Q: What assets are viewed as current financial resources?

A:

Q: Give some examples of fixed assets that you record in the balance sheet?

A: Fixed assets are those tangible assets that have a long-term life. It is used for the production of…

Q: Discuss theissues involved in managing returns.

A: In business scenario, returns and allowances are frequent and common place events. An entity…

Q: Balance sheet can be prepared in vertical, net asset and horizontal format. What is the difference…

A: Balance sheet refers to the financial statement of the business entity. It is divided into two…

Q: financial assertion

A: Financial assertions are statements made by management in an an assertive way regarding the items in…

Q: Explain the format of classified balance sheet.

A: Definition:   Classified balance sheet: The main elements of balance sheet assets, liabilities, and…

Q: What are some possible financial decisions in which using the Number of Periods (NPER)  formula…

A: NPER is a financial formula or function of excel that signifies the length of term of an investment.…

Q: Define the terms assets and liabilities and give examples of each

A: Assets means anything which is owned by business and used in business. Liabilities means which the…

Q: it can easily show that the sfp is balanced and separates assets from liabilities and equities

A: The term "assets" refers to anything that a firm owns. This does not necessarily suggest that the…

Q: Define both current liabilities and current assets. In what ways are they related?

A: Maintaining an appropriate balance between current assets and current liabilities is crucial for a…

Q: What are the various current assets? Name them.

A: Current assets are assets which are expected to be realised or converted to cash within one year…

Q: What is return on assets (roa ) ?? please comment own word.

A: Ratio analysis is based on the fact that a single accounting figure by itself may not communicate…

Q: Define a financial asset

A: A contractual financial instrument is classified into financial assets and liabilities. They are an…

Q: Which financial statement is the most important one? Explain.

A: The objective of this question is to identify the most important financial statement and explain why…