Workshop 2 Regulation Worksheet

Workshop 2 Regulation Worksheet - 1 Workshop 2 Worksheet...

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1 Workshop 2 Worksheet PSA1.2 Financial decisions often place heavier emphasis on one type of financial statement over the others. Consider each of the following hypothetical situations independently. State whether the decision maker would be most likely to place the main emphasis on information provided by the statement of profit or loss,.. (a)North Sales Ltd is considering extending credit to a new customer. The terms of the credit would require the customer to pay within 30 days of receipt of goods. Financial Position – To look at the asset on hand of the company have, so that they are able to pay for what they credit for. (available for settlement of the debt in the near term) (b)An investor is considering purchasing shares in Domino's. The investor plans to hold the investment for at least 5 years. Profit or loss – to predict the future performance of Domino’s. (c)Otago Bank is considering extending a loan to a small company. The company would be required to make interest payments at the end of each year for 5 years, and to repay the loan at the end of the fifth year.
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