Introduction Financial management requires the effective exploration of financial statements, the information relayed provides valuable insights into the health of a company (Lohrey n.d.). This report has conducted a performance evaluation and stock valuation for the JB Hi-Fi Group Pty Ltd (JB Hi-Fi). Australia’s largest home entertainment retailer, JB Hi-Fi sells home consumer products across 187 stores in Australia and New Zealand. By investigating the performance and stocks of a company,…
Assessment of detection risk by performing substantive analytics related to consolidation policy and substantive procedures related to management assertions, and brainstorm of potential fraud and extended procedures. Substantive analytical procedures related to consolidation policy Based on the preliminary analytical procedures about ratios and account balances, I found some risk areas and great changes from 2013 to 2014 in financial statements such as the net income, investments in…
Goodwill is explained as the ‘future economic benefits arising from other assets acquired in a business combination or acquisition that are not individually identified and separately recognised’ in AASB 3 Appendix A. Physical asset including buildings or equipment cannot be considered as goodwill, it should be an intangible asset that has no physical substance. And a business combination itself means ‘a transaction or other event in which an acquirer obtains control of one or more business’. On…
Question no. 1 Difference between profit and cash flow (Jordan, Dolvin & Miller, 2015) defines profit as revenue after deducting the incurred expenses which is also called net income, where revenue includes total sales and any gains and cost & expenses includes cost of goods sold, salaries, maintenance, utilities insurance, rent, interest, transportation, depreciation. And cash flow is the difference between the actual cash that is received and the actual cash being utilized in the business.…
When You Reach Me Literary Analysis Essay “So Mom got the postcard today. It says Congratulations in big curly letters, and at the very top is the address of Studio YV-15 on West 58th Street.” These are the first two lines of Rebecca Stead’s When You Reach Me, and allusions to the show $20,000 Pyramid. When You Reach Me (WYRM) is full of allusions that improve the plot and setting. WYRM is a novel about a young girl living in New York in the late 70s. After her best friend suddenly abandons her…
Based on the information displayed in the Histogram, the distribution would be bimodal. The bimodal tells us that there are two distinct modes, or peaks present in this data. In the case of this data, the $31,000-$40,000 would represent major mode or larger peak while $51,000-$60,000 would be the smaller peak or minor mode. First we must calculate the percent change between 1999 and 2015. To accomplish this, using the data in Worksheet 1 “Data” we use the formula…
158. State Bank of Hyderabad Personal Loan EMI Calculator State Bank of Hyderabad is a subsidiary of State Bank of India. The bank offers personal loans at low interest rates that can be paid back over a period of time. These loans can be taken for meeting all immediate expenses such as weddings, education, medical emergencies, travel and other unexpected expenses. All that the applicant needs to do is check their eligibility, submit the documents and avail the loan. Features of State Bank of…
Cash flow accounting data do not appear to cause difficulties to its investors-users despite their lack of familiarity with it. Lee finds that most of the companies in U. K. used cash flow accounting system to a considerable extent for internal management purposes. The utility of cash flow accounting in the area of taxation has been recognized in the report of U. K.’s Meade Committee (1978) in which it has been recommended that company tax in the U. K. be based on measured cash flow. 10 This is…
From the ROC plot, It compares the train model vs. the valid model performance and it clearly states that train model is more efficient than valid model. Train model has more efficiency to predict that which customers would purchase the affinity card. Scorecard Points Overall N Overall % AFFINITY_CARD has an affinity card no affinity card N % N % BULK_PACK_DISKETTES NO PURCHASE 0.00 276.00 36.85 73.00 38.42 203.00 36.31 PURCHASE 24.00 473.00 63.15 117.00 61.58 356.00 63.69…
the rupiah is one of the goals of Bank Indonesia under the mandate of Act No. 23 of 1999 concerning Bank Indonesia. An essential part of maintaining this stability is the regulation and management of the National Payment System (NPS). The smooth and efficient operation of the NPS also demands robust infrastructure. The more efficient and reliably the NPS can operate, the more efficiently and timely the operation of time-critical monetary policy transmission. Ultimately, the smooth and efficient…