Monty Company Ltd had $68 000 of profit and incurred $9500 in net finance costs during the
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
Profit after tax and interest 68 000 Profit before ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
Question Posted:
Students also viewed these Accounting questions
-
Walgreen Co. (Walgreens) is based in Illinois and was originally incorporated in 1909. As of August 31, 2009, it operated 7,496 locations in 50 states, the District of Columbia, Puerto Rico, and...
-
The managing directors of Wrack plc are considering what value to place on Trollope plc, a company which they are planning to take over in the near future. Wrack plc's share price is currently 4.21...
-
The Tusquittee Company is a retail company that began operations on October 1, 2018, when it incorporated in the state of North Carolina. The Tusquittee Company is authorized to issue 100,000 shares...
-
In Exercises 1-2, the augmented matrix of a linear system has been reduced by row operations to the form shown. In each case, continue the appropriate row operations and describe the solution set of...
-
1. Does the Courts decision encourage responsible actions by the debtor? Does this encourage debtors to take on new debt instead of driving an old car as Ransom suggested? 2. How did the Bankruptcy...
-
In the corner grocery store, all sales clerks make change out of one cash register drawer. Is this a violation of internal control? Why?
-
Derive the third of Equation 2.40 for the off-axis shear modulus, \(G_{x y}\). 2V12 E-[1 + (1-2)+1] Ex = Ey E E 1 2V12 + 1 1 G12 E2 1 E2 2V12 - E 2G12 1 1 sc E E1 E2 E2 G12 Gxy = 1 G12 Vxy = Ex ($4...
-
United Aluminum Company of Cincinnati produces three grades (high, medium, and low) of aluminum at two mills. Each mill has a different production capacity (in tons per day) for each grade, as...
-
The Cola Production Company showed the following share activity for the year ended 2018 Date January 1st April 1st July 1st Share Activity Beginning Share Balance was 252,000 Issued 84,000 shares for...
-
With the aid of relevant scholarly articles and decided cases, critically assess the following statement: The evidence suggests that the Intestate Succession Act, 1985 (PNDC Law 111) has not been...
-
The most recent annual income statement for Vertigo Enterprises is presented below. Prepare a vertical analysis of the statement. Vertigo Enterprises Income statement $647600 Income Expenses Cost of...
-
Your friend has $5000 to invest in the stock market and is deciding between an investment in Ability Ltd or Absolute Ltd. In the most recent reporting period, absolute Ltd made a profit after tax of...
-
Explain how information about the variance components in a data set can lead to conclusions about population means.
-
_______ The t test can be applied with absolutely no assumptions about the distribution of the population.
-
Suppose that P(E) = 0.76, P(F) = 0.45, and P(E and F) = 0.32. What is P(E or F)?
-
11! Find the value of each factorial.
-
You are cycling around a circular track at a constant speed. Does the magnitude of your acceleration change? The direction?
-
13! Find the value of each factorial.
-
If the natural rate of unemployment is 5 percent, what is the total rate of unemployment according to Okuns law if output is 2 percent below potential output? What if output is 2 percent above...
-
l ask this second time correnct answer is 38,01 can we look pls Consider a non-conducting rod of length 8.8 m having a uniform charge density 4.5 nC/m. Find the electric potential at P, a...
-
Match the qualitative characteristics below with the following statements. 1. Timeliness 2. Completeness 3. Free from error 4. Understandability 5. Faithful representation 6. Relevance 7. Neutrality...
-
Match the qualitative characteristics below with the following statements. 1. Timeliness 2. Completeness 3. Free from error 4. Understandability 5. Faithful representation 6. Relevance 7. Neutrality...
-
Vande Velde Company made three investments during 2012: (1) It purchased 1,000 shares of Sastre Company, a start-up company. Vande Velde made the investment based on valuation estimates from an...
-
Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $50,000 and $30,000 respectively. Ramsey is admitted to the partnership and is given a 40% interest by...
-
Compute ending work in process inventory for a manufacturer using the following information. Raw materials purchased Direct materials used Direct labor used Factory overhead Work in process...
-
A spring with spring constant 80 N/m is placed at the bottom of a 6 m high ramp with opening angle 60 . A 3 kg mass is then placed on the spring and pushed down so the spring is compressed by a...
Study smarter with the SolutionInn App