Digital asset management

4 days ago Angela Kilgore RE: Chapter 11 Discussion Question Collapse The purpose of the worksheet is to help accountants prepare financial statements. It is used as a tool to record adjustments and provide accurate account balances needed to prepare financial statements. It serves as the central place for all information needed to record adjustments. Strengths of the worksheet include: If a mistake is made on the worksheet it can be easily erased and corrected. It brings to light any…

This is particularly important when transferring assets to an SPV (Special Purpose Entities), since the risk level associated to the asset is determinant. Based on legal conditions (SFAS 140) regarding the sale and related obligations regarding transfer of risks (as discussed in question 2), a higher risk asset transferred to Doral Financial Corp (or any transferor) should result into a greater substance reaming in the structure…

2.0 Whole Life Insurance in Malaysia Whole life insurance is a type of insurance that provide coverage for the policyholder for entire life. It is also known as ordinary life insurance. On the other view, it can be defined as a cash value that provides lifetime protection. (Rejda & McNamara, 2014). In this contract, upon the death of the policyholder, a stated amount will be paid to the beneficiary. There are several types of whole life insurance that are as follow:- 2.1.1 6 Whole life Insurance…

All types of kids will die someday no matter how hard you try to make their lives better economically; similar to the tale “Kids Who Die” by Langston Hughes. Hughes was a literary icon well known for writing about the African Americans’ experience with racism and discrimination during the 1950-1960’s. He was the leading voice of the Harlem Renaissance promoting upcoming young poets. On the other hand, he was the first black poet to support himself through his writing, according to the Poetry…

decline where her business in future would not be able to cover the liabilities. This could affect the business as it is not becoming stronger in liquidity ratio margin. However, this could be improved by selling the business fixed assets into cash or short-term assets to boost the current ratio margin and to cover the cost as well. This business can also focus on boosting their long-term debts rather than short-term which improves current ratio for Saira…

Company Information a) Company name: Magnum Berhad Industry: Gaming b) Company name: London Biscuits Berhad Industry: Confectionery manufacturing Comparisons of Tax-Related Format and Disclosure Both Magnum Berhad (Magnum) and London Biscuits Berhad (LBB) are holding companies. Their respective group companies are Magnum Group of Companies and London Biscuits Berhad Group. Based on my observations, several comparisons can be made on the tax disclosure between the two chosen companies. Firstly,…

History of Sears In 1886 , Richard Sears, an agent of the Minneapolis and St. Louis railway station in North Redwood, Minnesota, started a watch company named R.W. Sears Watch Company. After Richard Sears received an unexpected shipment of watches from a jeweler, he in turn sold the watches for a higher price and received a significant return. R.W. Sears Watch Company was originally located in Minneapolis, Minnesota but later expanded to Chicago in 1887. (http://www.searsarchives.com/history/)…

addition, it is expected for real estate industry to have low current ratio for they are investing on non-current assets like real property which is the nature of their…

There are different types of property that includes: real property such as land and personal property, which may be anything that can be physically owned. A property can be also classified as either private or public property, or tangible and intangible property. The case of Kasim presents some of these types of property including the lawn mower, which is the personal, private and tangible property of John. The properties such as deeds to a property in France, the keys to the car and the last…

Evaluating Profitability: RATIO: Based on Fire Eaters Historical Financial Data At Virtual Lakes Store (2013-2016) 2013 2014 2015 2016 Net Profit Margin -173.58% -47.83% -10.88% 12.56% Gross Profit Margin -188.24% -15.25% 37.86% 69.76% Return on Total Assets -40.52% -35.00% -11.60% 18.35% Return on Owner's Equity -65.86% -58.55% -21.12% 38.79% Analysis: Initially the negative relation briefly shows that Fire Eaters had a greater expense compare to its income. At its most negative Net…