By:Chan Kwan LoongU025143J Fang WeiweiU025686U Low Lip HenU025695A Ng Cai LingU022299Y Quek Kwang TiU025095N B24 20 touch 2003 Contents Report Title2 Main Body 3 compendium of Article 3 abstract and Evaluation of Major Issues 3 Explanation of Accounting equipment casualty and Data 5 relevancy and Limitations of Accounting 6 References 7 Appendix8 Report Title A.Financial news report reading is frequently used in base and cartridge holder denominations. Scan the articles in the Business times or pack pages of the Straits times or any business mag (Far Eastern Economic Review, Business Review Weekly, Fortune). a.Select an article which uses business relationship m peerlesstary value and data. b.Summarise the content of the article in star paragraph. Outline the point(s) that the writer is emphasizeing to make by exploitation the accounting foothold and data. Include in your answer an commentary of the accounting cost used and highlight any relevancy and limitations of the accounting terms/data. Summary of Article In December 2002, ANZ, NatSteels independent fiscal advisor (IFA), advised administerholders of NatSteel shares to sell their shares in the open food market or to 98 Holdings. This advice was made under the likelihood that the share expense may crash should 98 Holdings fail to takeover NatSteel modified or should another bidder join in the battle. In addition, the companys lucre guidance had given the impression that the profit in the pull through six months of the year was only expect to be satisfactory. As a consequence of the above-mentioned reasons, some(prenominal) shareholders sold their shares persist December at a outlay of $2.06 per share.
However, things turned turn out quite differently. On 16 March 2003 Sunday, NatSteel announced that its pre-tax salary were high at $16.1 one million million and $25.9 million for the first and trice half of 2002 respectively. As a result, the company declared a high dividend of $1 per share. This... Summing the paragraphs with one sentence from the actual text edition ( ... ) is not - what I understand to be - a summary. You could try to say the primary(prenominal) point in your own words. This paper could definitely be developed further, but it provides enough information to be utilitarian in some form. Average Job. If you fatality to get a full essay, order it on our website: BestEssayCheap.com
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