[warda]

okay thanks a lot:)

[warda]

please any one reply me as soon as possible

Note from Trephena (OBU Forum Moderator): this was answered when you raised the same question before (several weeks ago). I advised you then to look to see what information is available (read my answer on the previous page)

[warda]

i have chosen topic 8 for making ACCA thesis and moreover the companies which i have chosen are bed bath and beyond and pier 1 imports.please tell me whether i can use these companies for making my thesis.

[warda]

for my thesis i have chosen topic 8 and the company which i have chosen is bed bath and beyond can you tell me is this company be reliable for this topic and where from can i get the relevant information of this company?

[warda]

have chosen topic 8 for my thesis and the company which i have chosen is oreedo the telecommunication company please tell
me will this company be suitable for this topic?

[warda]

i am choosing topic 2 for writing thesis can you suggest me which organization i can go for ?? topic 2 is an evaluation of how the introductiono of new technology can assist an organization in achieving ts businesz objectives

[warda]

what do you mean by accrual here? does it mean recording of expenses?

[warda]

i was asking that is there any difference between substantive procedures and audit procedures….if they ask us to apply audit procedures on purchases system than we can include both test of controls and substantive procedures and if they ask us to apply substantive procedures on purchases system than we have dont have to include test of controls only go for substantive procedures…am i right with this?

[warda]

okay sure i would be waiting for your reply 🙂

[warda]

its from june 2006 attempt bpp kit question number 67

[warda]

that was understandable thanx:)

[warda]

pass with 75%

[warda]

ohhhhh so u mean to say that fixed cost per unit changes with the level of production but the total fixed overheads remains constant i think i can shout if i really understood the trick:P

[warda]

thanks a lot

[warda]

Thecompany feels that it requires another £200 million finance to support new operations for thenext eight years, and it has identified three possible sources:(1) An issue of ordinary shares. The company proposes to make a rights issue at a 10%discount to the current market price.(2) An issue of a ten-year 7% $300 million Eurodollar bond (secured).(3) A sale of 8% convertible unsecured loan stock of £100 each. Each of these can beconverted by holders at any time into 40 ordinary shares. Any outstanding stocks willbe redeemed at par in five years’ time.The balance sheet for Borrows at 31 March 20X7 is as follows:£m £mNon-current assets 1,400Current assets 600Less: Current liabilities* (200) ___ Net current assets 400 _____ 1,800Less: Non-current liabilities:10% debentures (300) _____ Net assets 1,500 _____ Capital and reservesIssued ordinary shares (50p par) 500Reserves 1,000 _____ 1,500 _____ *Current liabilities include £80 million overdraft.The current market price per share is 210p, and price per debenture £90 per cent.The current exchange rate of £1=$1.50 is expected to be maintained in the medium term.The income statement (year-end 31 March 20X7) for the company is:£mOperating profit* 208
?
Interest40 ___ Earnings before tax 168
?
Tax (30%)50 ___ Earnings attributable to ordinary shareholders 118 ___ *Operating profit is expected to increase to £250m per annum after expansion into oilexploration.

Discuss the financial implications of all three options by calculating the followingaccounting ratios:(i) gearing (book value of debt/book value of equity)(ii) earnings per share(iii) interest cover

sorry this was the complete question i missed some information

[warda]

thanks a lot:) i would be waiting

[warda]

in the question hosterling when we are calculating shara of loss of assocaites to charge in income statement from where impairment of 500 is taken ..and while calculating NCI in the same question they have not taken impairment expense of 2000 why???

[Author]

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