About Hannah Wangui
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Entries by Hannah Wangui
What is the purpose of income statements, cash flow statements, balance sheet, and statement of retained earnings, and how do they all relate to each other?
December 3, 2020 in Questions Uploads /by Hannah WanguiWhat is the purpose of income statements, cash flow statements, balance sheet, and statement of retained earnings, and how do they all relate to each other? What are some of the major line items on each statement? Which document is the most important when looking at the financial stability of health of a company? […]
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I understand the Goodwill Calculation for this part:
December 3, 2020 in Questions Uploads /by Hannah WanguiI’m a bit confused about a set of problems on the Goodwill method on a discussion worksheet: P, L, and O are partners with capital balances of $50,000, $30,000, and $20,000 and share in the profit and loss of the PLO partnership 30%, 20%, and 50%, respectively. They agree to admit C for a 20% […]
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Suppose you are thinking to purchase the stock of Mesfin Industrial Company
December 2, 2020 in Questions Uploads /by Hannah WanguiQ.No.7 Suppose you are thinking to purchase the stock of Mesfin Industrial Company. You are expected it to pay a dividend $3 in First year, $3.50 in the second year and $4.25 at the end of the third year and the stock price is expected to be $ 35.25. Required rate of return is 31%. […]
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