Accounting & Finance
Financial statements, auditing, taxation, corporate finance.
5 solved questions
- Prepare a cash flow statement using the indirect method
The indirect method starts from net income and adjusts for non-cash items and working capital changes. Investing and financing flows are then added to reach net change in cash.
- Cost-benefit analysis of increasing nurse staffing ratios
Higher staffing raises payroll costs but reduces adverse events and readmissions. With the given savings the five-year NPV is positive at an 8% discount rate.
- Calculate WACC for a company with debt and preferred stock
WACC weights each source by market value and uses after-tax cost of debt. Here it equals roughly 9.35%.
- Develop a 7Ps marketing mix for a fintech app launch
The 7Ps extend product, price, place and promotion with people, process and physical evidence. For a student fintech app, freemium pricing and campus ambassadors are central.
- Analyse duty of care using Caparo v Dickman
Caparo sets a three-stage test of foreseeability, proximity and whether imposing a duty is fair, just and reasonable. Auditors usually owe no duty to general investors.