如果结果不匹配，请 
更多“The company made a () of $309,…”相关的问题
A.contrast
B.contract
C.concept
D.contact
(d) What reasons would you suggest to explain this failure of Churchill Ice Cream to become an international
company？ (5 marks)
A、125000
B、25000
C、100000
D、150000
（Expressed in RMB thousands）
FINANCLAL STATEMENTS ITEMS
20×8
20×7
Sales
64000
48000
Cost of sales
54000
42000
Net profit
30
-20
December 31, 20×8
December 31, 20×7
Inventory
16000
12000
Current assets
60000
50000
Total assets
100000
90000
Current liabilities
20000
18000
Total liabilities
30000
25000
During the audit, John has the following findings:
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows:
Dr. Cash in Bank RMB 5820000
Dr. Financial Expenses RMB 180000
Cr. Notes Receivable RMB 6000000
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows:
Dr. Non-operating Expenses RMB 3000000
Cr. Provisions RMB 3000000
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows:
Dr. Provisions RMB 3000000
Cr. Cash in Bank RMB 2500000
Cr. Non-operating Income RMB 500000
Required:
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion.
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios:
(a)Inventory Turnover Rate in 20×8;
(b)Gross Profit Ratio in 20×8;
(c)After Tax Return on Total Assets in 20×8; and
(d)Current Ratio as at December 31, 20×8
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored.
A、$2,800
B、$700
C、$3,500
D、$1,750
According to the passage, preferred stockholders are guaranteed ______.
A．a voting rate per share
B．a promise to buy back the stocks made by the company
C．a withdrawal of investment principal in time of liquidation
D．a fixed dividend receipt
What is the total number of units which must be made and sold to make a profit of $45,000？
A.7,500
B.22,500
C.15,000
D.16,875
A.A purchasing organization can be assigned to multiple company codes
B.Multiple purchasing groups can be assigned to a purchasing organization
C.A purchasing organization can be assigned to multiple plants
D.A purchasing organization can be assigned to multiple controlling areas
1. Who are the meeting participants().
A. The executive assistants.
B. The directors.
C. The interviewees.
2. How many activities does the meeting have().
A. The executive assistants.
B. The directors.
C. The interviewees.
3. Mr. William Forest made a report ()this season.
A. on training course to staff in the Sales Department
B. on the advertisement policies of the company
C. on the work and total sales of the company
4. What did all the directors agree to do ()
A. To carry out a training project in the company next year.
B. To have another board meeting of all directors next season.
C. Tohave a press conference for the company next month.
5. How long did the meeting last ()
A.1.5 hours.
B.1 hour.
C.2 hour.
(b) Chatam, a limited liability company, is a long-standing client. One of its subsidiaries, Ayora, has made losses
for several years. At your firm’s request, Chatam’s management has made a written representation that goodwill
arising on the acquisition of Ayora is not impaired. Your firm’s auditor’s report on the consolidated financial
statements of Chatam for the year ended 31 March 2005 is unmodified. Your firm’s auditor’s report on the
financial statements of Ayora is similarly unmodified. Chatam’s Chief Executive, Charles Barrington, is due to
retire in 2006 when his share options mature. (6 marks)
Required:
Comment on the ethical and other professional issues raised by each of the above matters and their implications,
if any, for the continuation of each assignment.
NOTE: The mark allocation is shown against each of the three issues.
