Free Flow Oil Limited, an Indian company set up an office in Sri Lanka for executing a
Question:
Free Flow Oil Limited, an Indian company set up an office in Sri Lanka for executing a specific contract. Due to some reasons, the Sri Lankan government put a ban on the company to operate in the country. How will it impact the valuation of assets of the Sri Lankan operations of the company?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
As there is evidence to believe that Sri Lankan o...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
SOLEX ENGINEERING ENTERPRISE (SEE) The company: Solex Engineering Enterprise (SEE) is a Sri Lankan organization formed as a partnership by two brothers in 1980. They had a keen interest to explore...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
How are direct and indirect materials costs distinguished?
-
Raynette Ramos, owner of Ramos Rentals, uses the allowance method in accounting for uncollectible accounts. Record the following transactions in general journal form: July 9 Wrote off $6,040 owed by...
-
Flat Images develops and manufactures large, state- of- the- art flat- panel television screens that consumer electronic companies purchase and incorporate into a complete TV unit by adding the case,...
-
XCBob, Inc. is an online motorcycle and ATV parts business from the owners home. XCBob entered into oral agreements with the defendant, Ed Tucker Distributers, for purchases of various materials to...
-
Optix Camera Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Instructions Determine the amount of the ending inventory by applying the...
-
Laverne owns 100% stock of the Pizza Bowl, Inc. (PB), which operates a classy combination bowling alley/pizza parlor. Her basis in the stock is $24,000. In its first year of existence, PB earned...
-
P T Jewelers bought 1 kg of gold during the year at the rate of 18,000 per ten grams. At the end of the year, half of the gold is still unsold. The current market price of the gold is 21,000 per...
-
What is the need for accounting standards?
-
The race to stay on top of technological trends and ward off new competitors is prompting some unlikely alliances and collaborations in the automotive market. One of the largest alliances is Ionity,...
-
C) What is the output of the following code? #include void f(); int i = 20; int main() { } int i = printf("%d ", i); (); printf ("%d ", i); (); return 0; void f () { } 5; static int j; if (i <10) {...
-
A molecule has been classified as a thiol (pKa = 8.7) and a secondary amine (pKa = 11.2), what is the net charge on the molecule's major form at pH values below 4.3 and above 10.5?
-
3. Correct mistakes and explain each line (7.5pt): dvar int+ UrgentCount; dvan int NormalCount; maxinize 3* UrgentCount _ 1* NormalCount; subject to [ analyst Availability Max: 1* Urgent Count + 2 *...
-
1. Methanol at 675 deg C enters an adiabatic reactor and is converted as in the reaction below. CH3OH HCHO + HO Assume 100 mols of methanol in the feed. The fractional conversion is 25%.. Calculate...
-
2. Work out the recurrence relation which describes the number of elementary operations (justify your answer): 0: function RC (non-negative integer n) 1: if n = 0 then 2: return 0 3: if n = 1 then 4:...
-
The Construction Labor Research Council lists a number of construction labor jobs that seem to pay approximately the same wages per hour. Some of these are bricklaying, iron working, and crane...
-
Find the inverse, if it exists, for the matrix. -1
-
Legends Corporation owns and operates two manufacturing facilities, one in State A and the other in State B. Due to a temporary decline in sales, Legend has rented 25% of its State A facility to an...
-
Beckett Corporation realized $800,000 of taxable income from the sales of its products in States A and B. Beckett's activities establish nexus for income tax purposes in both states. Beckett's sales,...
-
Isle Corporation's entire operations are located in State A. Of Isle's $600,000 sales, 60% are made in State A and 40% are made in State B. Isle's solicitation of sales in State B is limited to...
-
Statement of cash flows-indirect method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: December 31, 20Y9 December 31, 20Y8 Assets Cash Accounts...
-
Thunderduck Shoes provides shoe shining and repair services to customers. For the year which ended Dec 31, the company reports the following amounts: Account Amount Account Amount Rent Expense 22,400...
-
Shelby Woods owns and operates an ice cream factory, the finest of its kind in all the world. Given that pints of ice cream are meant to be identical (for the same flavor), her company uses process...
Study smarter with the SolutionInn App