Wednesday, May 6, 2020
Intermediate Management Accounting Portfolio Case Study
ACCT5000 Intermediate Management Accounting Portfolio Case Study Background: Gouna Limited Gouna Limited is a company that grew from humble beginnings. Its original shareholders consisted of a collection of cooperatives in the Highlands of New Guinea, whose main source of income was from growing Arabica coffee on their small plots of land. Following a period of high coffee prices, the company expanded their business interests significantly to include the following: poultry farming, coffee processing, coffee exporting, a printing press, a bulk fuel distributorship, fuel service stations, new and used car sales, a mechanical workshop, paper packaging manufacturing, and plantation management services. The Managing Director Andy Birk originally came as a volunteer to assist the cooperatives, and was integral to the growth of the business entity from cooperatives to a company. ââ¬ËAccounting recordsââ¬â¢ consisted of a multi-column cashbook and a notebook containing narratives of non-cash transactions. Having a healthy balance in the bank account was an indication of ââ¬Ëgoodââ¬â¢ performance, and during tougher times, very low-interest government-backed loans were easily accessible via the many development banks that were set up to encourage local businesses during that era. A year ago, Tony Jessup, a chartered accountant was employed to spruce up the accounting records and overall management process of the company. After a prolonged analysis and study of the various business interests ofShow MoreRelatedintermediate accounting 2 test bank Essay8318 Words à |à 34 PagesIntermediate Accounting Kieso 15th Edition Test Bank Click here to download the solutions manual / test bank INSTANTLY!!! http://www.solutionsmanualtestbanks.com/2013/05/intermediate-acc ounting-kieso-15th-edition-test-bank.html Intermediate Intermediate Intermediate Intermediate Accounting Accounting Accounting Accounting Kieso Kieso Kieso Kieso 15th Edition Test Bank 15th Edition Test Bank Weygandt Warfield 15th Edition Test Bank Weygandt Warfield 15th Edition Test Bank Read MoreThe Gold Royalties Limited Announces Acquisition With Virginia Mines Inc.1327 Words à |à 6 Pages Osisko Gold Royalties Limited announces acquisition with Virginia Mines Inc. This particular deal helps in creating new intermediate royalty company while having gold royalty assets. It was originally priced around $479 million. 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Nelson* Department of Accounting, Graduate School of Business, Stanford University, Stanford, CA 94305, USA Received 2 March 2002; received in revised form 14 January 2003; accepted 27 January 2003 Abstract We document that property-casualty insurers with small positive earnings
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