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- Which of the following is the major independent variable in constructing pro forma income statements and balance sheets? Select the correct response: total assets net income dividend payout salesWhich of the following items is required to be disclosed by geographic area?a. Total assets.b. Revenues from external customers.c. Profit or loss.d. Capital expenditures.1. Definitions (S9.1-S9.3) Define the following terms: a. Cost of debt. b. Cost of equity. c. Company cost of capital.
- A major difference between IFRS and GAAP relates to the Revaluation surplus account. Retained earnings account. Share capital account. Share premium account.Organize the following under Income Statement, Share Holder's Equity, and Balance Sheet. a. Interest Receivable b. Interest Revenue c. Accounts Payable d. Accumulated Depreciation e. Wage PayablePlease compute for the following: 1. Total noncurrent assets 2. Total liabilities and shareholders' equity
- Accounting: type question:, Which of the following items is not taken in profit and loss appropriation account? A. Transfer to dividend equalisation reserve B. Transfer to general reserve C. Provision for taxation D. Proposed dividendEquity equals: A . Assets – Liabilities.The base amount in preparing component percentages for a balance sheet is which of the following? Group of answer choices A)Total liabilities. B)Gross profit. C)Net income. d)Total shareholders’ equity. E)None of the above
- Capital structure refers to Select one: a. Total assets minus Liabilities b. Shareholders' equity c. Long-term debt, preferred stock, and common stock equity d. Current assets and Current liabilitiesc. Explain the following Investment ratios and indicate how they are computed:Earnings per share (EPS) and Price/Earnings ratio (P/E).Define these. a. Return on equityb. Total assets turnoverc. Return on assetsd. Current ratioe. Receivables turnover