000 sha - Study guides, Class notes & Summaries

FAC2601 Ques Bank 2022. FAC2601/QUESTION BANK 1 DEPARTMENT OF FINANCIAL ACCOUNTING FAC2601: FINANCIAL ACCOUNTING FOR COMPANIES FAC2601 QUESTION BANK (SEMESTER 1 & SEMESTER 2) Mr F Montgomery Mr A Eysele Mr C Mkefa Mrs F Aboo Mr M Mokgobinyane Module Telephone Number: 012 429 4238 Module E-mail Address: Open Rubric FAC1601/QUESTION BANK 2 CONTENTS LU 1: Introduction to company financial statements ...................................................... 3 LU 2: The Framework of ...

CONTENTS LU 1: Introduction to company financial statements ...................................................... 3 LU 2: The Framework of accounting .................................... Error! Bookmark not defined. LU 3: Presentation of annual financial statements – IAS 1 Error! Bookmark not defined. LU 4: Inventory – IAS 2 ......................................................... Error! Bookmark not defined. LU 5: Property, Plant and equipment – IAS 16 .................... Error! B...

Need Finance Help STU's Disco Factory Inc. is financed solely by equity and it is considering issuing debt and using the proceeds to repurchase some of the outstanding shares at the current market price of $30. There are currently 200,000 shares outstanding. EBIT is expected to remain at $1.5 million, with all earnings paid out as dividends. The firm can issue debt at a rate of 8%, and the firm's tax rate is 40%. Three alternative amounts of debt are being considered: Amount of debt 0 $1,000...

The following market information was gathered for the Blender Corporation. The firm has 1,000 bonds outstanding, each selling for $1,100.00 with a required rate of return of 8.00%. Blenders has 5,000 shares of preferred stock outstanding, selling for $40.00 per share and 50,000 shares of common stock outstanding, selling for $18.00 per share. If the preferred stock has a required rate of return of 11.00% and the common stock requires a 14.00% return, and the firm has a corporate tax rate of 30%,...