Which of the following items would not appear in the section of the statement of financial position
Question:
Which of the following items would not appear in the section of the statement of financial position (balance sheet) headed ‘Capital and reserves’?
(a) Share premium
(b) Preference shares
(c) Debentures
(d) Revaluation reserve
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
c Debentures do not appear in capital and reserves They will a...View the full answer
Answered By
GERALD KAMAU
non-plagiarism work, timely work and A++ work
4.40+
6+ Reviews
11+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Which of the following items would not appear in the financing section of the statement of cash flows? a. The repurchase of the company's own stock b. The receipt of dividends c. The repayment of...
-
(Multiple choice) 1. In what order do the three sections of the statement of cash flows usually appear when reading from top to bottom? a. Financing, Investing, Operating b. Investing, Operating,...
-
Topic: Users of Financial Statement Information LO: 1 1. Shareholders demand financial information primarily to assess profitability and risk whereas bankers demand information primarily to assess...
-
The following sample data have been collected from two independent samples from two populations. Test the claim that the second population median will exceed the median of the first population. a....
-
Briefly describe the notion of homemade dividends as it relates to M&M's irrelevancy argument?
-
An article on barrons.com noted that, worldwide, nonbank financial intermediaries, known colloquially as shadow banks now hold about half of all financial assets. Commercial banks often make loans to...
-
Define project quality and discuss briefly the determinants of project quality.
-
Jim Sellers has been able to estimate his utility for a number of different values. He would like to use these utility values in making the decision in Problem 3-42: U ( $80,000) = 0, U ( $65,000) =...
-
You work for the law firm Skywalker, Solo, & Organa LPA. They're a small firm that represents Channel 5, the local NBC affiliate. Channel 5 is hiring a new prime-time news anchor and they've asked...
-
Which of the following will normally be included in the Capital and reserves section of a companys statement of financial position (balance sheet)? (i) Convertible loan stock (ii) Deferred taxation...
-
On reviewing the financial statements, the companys accountant notices that the rights issue of 1 for 3 ordinary shares made by the company in December Year 2 has not been reflected in the companys...
-
Consider the periodic sequence x p (n) = cos 2/10n - < n < with frequency f 0 = 1/10 and fundamental period N = 10. Determine the 10-point DFT of the sequence x(n) = x p (n), 0 n N 1.
-
An asset has the estimated salvage values for various lives, shown in the table below. For each possible life from 1 to 6 by 1, determine the capital recovery cost for MARR of 8 percent/year. EOY NCF...
-
Refer to the information in QS 13-4. Use that information for Tide Corporation to determine the 2016 and 2017 common-size percents for cost of goods sold using net sales as the base. Data From QS...
-
The production department of Zunni's Manufacturing is considering two numerically controlled drill presses; one must be selected. Comparison data is shown in the table below. MARR is 10 percent/year....
-
The cash flows associated with a project are shown below. The interest rate varies from year to year as shown. Determine an equivalent uniform annual series of cash flows. EOY Cash Flow Interest...
-
Reconsider the data from Problem 56. What is the capital recovery cost of Model 334A? Data from problem 56 Octavia Bakery is planning to purchase one of two ovens. The expected cash flows for each...
-
As you understand the idea and practice of total quality management, do you believe that its the wave of the future in American organizations? Explain.
-
Provide a draft/outline of legal research involving an indigenous Canadian woman charged with assault causing bodily harm under (Sec 267b) of the Criminal Code, where the crown wants a 12-month jail...
-
The following financial statements relate to Hope plc: Income statement (profit and loss account)for the year ended 30 June Year 4 ...
-
Turn to the annual report of a listed company which you have used for activities in earlier chapters. Find every item which relates to the ownership interest (including any discussion in the...
-
The directors of Fruit Sales plc produced the following income statement (profit and loss account) for Year 2 and balance sheet at the end of Year 2. Income statement for Year 2...
-
Sorra Corporation's records included the following shareholders' equity accounts: shares Preference Shares, par value P150, authorized 20,000 Share Premium-Preference Ordinary Shares, no-par, P50...
-
Sales revenue Coolbrook Company has the following information available for the past year: River Division $ 1,202,000 887,000 $ 315,000 $ 1,070,000 Stream Division $ 1,804,000 1,294,000 $ 510,000 $...
-
The following data refer to snack maker Taquitos To Go for the year 20x1. Work-in-process inventory, 12/31/x0 Selling and administrative salaries Insurance on factory and equipment Work-in-process...
Study smarter with the SolutionInn App