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Muhammad Jawaad Ahmed's Avatar
  • Answered by:Muhammad Jawaad Ahmed
  • Chartered Accountant
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Customer Question

Hi, I would like to have an annual project report done please? Can you help?

 

Optional Information:
Level/Year: college
Subject: accounting project

Submitted: 341 days and 17 hours ago.
Category: Homework
Value: $60
Status: CLOSED

Accepted Answer

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Expert:  Muhammad Jawaad Ahmed replied 341 days and 17 hours ago.

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Expert TypeChartered Accountant
Category: Homework
Pos. Feedback: 98.6 %
Accepts: 1929
Answered: 5/9/2012

Experience: Doing Chartered Accountancy

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Expert:  Muhammad Jawaad Ahmed replied 341 days and 16 hours ago.

The assignment is too lengthy, what I have understood that you need all questions answwered for both companies, therefore the fair price for each company is $175. And it is better that I will work on one by one, so you can see that answers are according to need or not. Please mention your deadine, for company number one, thanks.

Customer replied 341 days and 16 hours ago.

let me find out what I need to do and i ll let you know in one or two days.
Thanks

Customer replied 341 days and 16 hours ago.

I think I accidentally clicked accept answer. Also, i have to find out what needed to done , i ll reply in a day or two

Customer replied 341 days and 16 hours ago.

Because I accidentally paid already so I think that's i am gonna go with you doing it but let's hold on until a day or two for me to find out what needed to be done . Is that ok with you ?

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Expert:  Muhammad Jawaad Ahmed replied 341 days and 16 hours ago.

I fyou need the refund I can request or you can also wait for the decision of what to be done, thanks.

Customer replied 341 days and 16 hours ago.

then could I get the refund and decide later.

Customer replied 340 days and 18 hours ago.

2. REVIEW THE MANAGEMENT AND AUDITOR’S REPORTS.

Locate the management report(s) and the independent auditor’s report(s). Page(s)_______

Answer the following questions.

a) Who is responsible for the preparation and integrity of the financial statements?


b) Does the company maintain a system of internal controls? Why?


c) What is the name of the independent public accountant (auditor)?


(Note: There are two independent auditor’s reports: (1) a report on internal control, and (2) a report on the financial statements. The following questions relate to the financial statement audit.)

e) According to the auditor’s report on the financial statements, what is the auditor’s responsibility?


f) According to the audit report, what is an audit?


g) Summarize the auditor’s opinion.


PART 3

RATIO ANALYSIS

On a separate piece of paper calculate the following ratios by showing your work and then discussing their meaning.

Liquidity:

  1. Current ratio

  1. Current cash debt coverage ratio

  1. Days in inventory

  1. Average collection period

Receivables turnover ratio =

Average collection period =

Solvency:

  1. Debt to total assets ratio =

  1. Times interest earned ratio =

Profitability

  1. Profit margin ratio =

  1. Return on common stockholders’ equity ratio =

 

 

 

This this the rest of the project that needed to be done

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Expert:  Muhammad Jawaad Ahmed replied 340 days and 18 hours ago.

Do you need all above for only one company or for both companies, thanks.

Customer replied 340 days and 18 hours ago.

yes, i would like for 2 companies please

Customer replied 340 days and 17 hours ago.

Actually, I just got clarified that only one needed. as far as I could have enough information to work on it. Although I will need another choice to fill in part 2. Download your annual report and answer the following questions.

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Expert:  Muhammad Jawaad Ahmed replied 340 days and 16 hours ago.

What I have understood is that you need two companies for part 2 questions but for part 3 you need only one company, please calify, as it is very confusing, thanks.

Customer replied 340 days and 16 hours ago.

yes, two companies for 1 and 2. 3 needs 1

Customer replied 340 days and 16 hours ago.

from the part of "OVERVIEW OF ANNUAL REPORT" in part 1 , I only need 1. and 2 for the above part

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Expert:  Muhammad Jawaad Ahmed replied 340 days and 14 hours ago.

It wmans that you need all requirement of original assignment, therefore the fair price is $175 for each company. Please provide deadline for your assignment, I will provide you the data for company one and if you will satify and will accept it, then I will provide you the data for company 2, as it is very long, thanks and take care.

Customer replied 340 days and 4 hours ago.

I think i will need only one company , the other one is just like a back up. Although I agree on the price. Why don't you just do one company for now, and I will let you know if another is needed. The due date is 5/11/2012. Tomorrow. However, only part 1 dues tomorrow, the rest due about a week from now

Customer replied 339 days and 19 hours ago.

Will you be able to do it ? Please reply

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Expert:  Muhammad Jawaad Ahmed replied 339 days and 18 hours ago.

Have a nice day

Click here for solution

Customer replied 339 days and 17 hours ago.

can I also get the rest part please, then it would be easier paying you. Thank you

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Expert:  Muhammad Jawaad Ahmed replied 339 days and 16 hours ago.

By what time do you need the rest part thanks.

Customer replied 339 days and 16 hours ago.

5/15 please. Also can you send me the link that you downloaded the annual report . Thanks

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Expert:  Muhammad Jawaad Ahmed replied 339 days and 15 hours ago.



Click here for annual report

I will try my best to give you the remainnig part by your deadline, take care.

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Expert:  Muhammad Jawaad Ahmed replied 336 days and 16 hours ago.

have a nice day

Click here for complete answer

Customer replied 335 days and 17 hours ago.

it says that i have accepted at least one answer. Does that means i already paid you or not ?

Accepted Answer

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Expert:  Muhammad Jawaad Ahmed replied 335 days and 15 hours ago.

THIS ANSWER IS LOCKED!
You can view this answer by clicking here to Register or Login and paying $3.
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Expert TypeChartered Accountant
Category: Homework
Pos. Feedback: 98.6 %
Accepts: 1929
Answered: 5/15/2012

Experience: Doing Chartered Accountancy

Ask this Expert a Question >
 
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