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- Standa rd 1 : Unders tand Your R ole If you se e uns afe practice you should rep ort it True or False? True False
- To assist you with your analysis, you have been given the following ratios from the company's financial statements: Required: (a) Evaluate the profitability of the company by analysing the two ratios provided. Your evaluation must cover what each ratio represents and the potential reasons behind the observed changes in each ratio. ( 8 marks) (b) Identify and briefly explain two potential implications of the observed trend in profitability for the company. ( 6 marks) (c) Based on your evaluation, recommend two specific
- Question 1 The main purpose of the statement of profit or loss is to __ show the company's performance for a particular period of time. show the capital generated in the company over a particular time period show the main classifications of assets and liabilities used by accountants show the cash movements over a particular period
- When China opens up to trade, the domestic price of grain will to An export tax of 1 per bushel will then the domestic price of grain to Compare each of the market conditions before and after the export tax of 1 per bushel in the following table. (Note: Assume China is open to trade in both scenarios.) Before Export Tax After Export Tax (Millions of dollars) (Millions of dollars) Domestic Consumer Surplus Domestic Producer Surplus Government Revenue Total Chinese Welfare
- Of th e rem aining t wo stat emen ts, wh ich on e desc ribes you m ost? I sometimes do not focus on securing new busines s when opport unities arise I do not take criticism very w ell