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Question 1: To answer this question set, you are asked to apply what you know of the three (3) basic decisions of financial management to different kinds of business in the COVID-19 context. Your answer should be less than 250 words for each sub-question – (a), (b), and (c). (a)Indicate and analyze how the COVID-19 situation can affect
Question 1 The balance sheet and income statement for Clear Water Company are shown below. They represent the financials of the company for both the current year and the previous year. A template table is provided for financial ratios. The current year ratios are yet to be calculated. Corresponding ratios for the previous year's results at Cle
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Question 1 Leila loses her gold chain and locket. She is very distressed and places an advertisement in the local newspaper. “Lost! Gold locket and chain. Sentimental value. The reward of $50 for the return of the locket and chain. Phone 93838125, 1 Titanic Drive. Julie who has read the advertisement finds the locket and chain on her way home
Question 1 Consider your current employment or an organisation you are familiar with. (a) Describe the organisation – the industry sector it operates in, it's market presence, it's business goal/s and the product or services it offers. (Hint: Has the company ‘live’ up to its intended business goal) (b) Discuss how the procurement department
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Question 1 At the start of 2021, Henry opened an interior design business. The following were transactions related to the business for January 2021: Jan 1 Henry invested $250,000 in the business. Jan 1 Paid $30,000 for three month’s rent in advance. Jan 1 Borrowed $120,000 and signed a three-year 10% p.a. note payable. The interest is payable
Question 3 You have just joined an SGX-listed company. The CEO has asked you to write a report on the financial performance and position of the company. The CEO is keen to know the performance of the company in the last two financial years. In particular, the CEO is keen to know your assessment of the liquidity, efficiency, solvency, profitability,
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You have been hired to advise the executive team of a construction and engineering firm on risk matters. On the first week of work, you had to answer a broad range of questions on risk management. To address those, you had to remember some of the practical lessons from your studies at SUSS. Mrs. Loo, the Chief Operations Officer, has asked you to
Question 2 2020 was a challenging year for Momo Hardware. Hit by a sharp fall in sales, the company allowed credit sales for the first time. For the year 2020, total credit sales were $500,000 while the year-end accounts receivable balance was $200,000. When preparing the year-end accounts, the accountant proposed to write off $10,000 as one of th
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Question 1 Ant, the titan of fintech in China, is seeking a dual listing in Hong Kong and Shanghai and when it is listed, it is believed that Ant’s IPO will probably be the biggest IPO in history. If Ant’s listing is successful, it will have a market capitalization that is comparable to JP Morgan Chase, the world’s biggest bank that begun in
Answer ONE question only. Please read very carefully. 1. Responsible management has been a buzzword for your industry in the last year or two. Your CEO has tasked you to help the business deal with this new development as she is concerned that the corporation might be falling behind. In your conversation with her, the CEO says she wants to know th