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Class 11 Accounting Questions asked by Filo students

Views: 5,124

Describe the treatment of each item under IFRS versus GAAP.

Topic:

Accounting

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Views: 5,021

Report the amount of comprehensive income and the net income. Given info: Net income and comprehensive income

Topic:

Accounting

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Views: 5,169

Identify and explain the factors that affect quality of earnings.

Topic:

Accounting

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Views: 5,007

Explain the Company’s well being

Topic:

Accounting

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Views: 5,408

Explain the collection problem related to accounts receivable . Given info: Accounts receivable turnover ratio and industry average

Topic:

Accounting

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Views: 5,592

Explain the company that favored the stock market. Given info: Price earnings ratio of G Motors and M are given.

Topic:

Accounting

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Views: 5,127

Show the discontinued operation section of F’s statement of comprehensive income. Given: Pretax loss and tax rate

Topic:

Accounting

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Views: 5,501

Prepare a correct statement of comprehensive income.

Topic:

Accounting

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Views: 5,437

Match the given characteristics, assumptions, principles, and constraints with the descriptions.

Topic:

Accounting

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Question 10

Views: 5,620

Prepare vertical analysis for 2017, 2016, and 2015. Given info: Sales cost of goods sold, and expenses for the years 2018, 2017, and 2016.

Topic:

Accounting

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Question 11

Views: 5,920

Compute the current ratio for 2017 and 2016.

Topic:

Accounting

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Question 12

Views: 5,374

Compute the Inventory turnover ratio for 2017

Topic:

Accounting

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Question 13

Views: 5,974

Compute free cash flow Given info: Items from financial statements

Topic:

Accounting

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Question 14

Views: 5,889

Prepare partial statement of comprehensive income of T Corporation for the year ended December 31, 2017

Topic:

Accounting

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Question 15

Views: 5,289

Prepare horizontal analysis of the income statement for Corporation D for the year 2017.

Topic:

Accounting

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Question 16

Views: 5,767

Compute the current ratio at December 31, 2017.

Topic:

Accounting

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Question 17

Views: 5,711

Prepare the vertical analysis of the income statement for Company D, and Company L for 2017.

Topic:

Accounting

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Question 18

Views: 5,456

Compute the profit margin ratio for 2016 and 2017

Topic:

Accounting

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Question 19

Views: 5,218

Compute the financial ratios for T and W company.

Topic:

Accounting

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Question 20

Views: 5,170

Explain the reasons for auditing the financial statements Given info: Information about ratios

Topic:

Accounting

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