Question
Background: Megan's boss, Becksindale Mugabe is the managing director of the practice. He is busy assisting other clients with restructuring issues in the current economic
Background:
Megan's boss, Becksindale Mugabe is the managing director of the practice. He is busy assisting other clients with restructuring issues in the current economic environment.
He is currently in Queensland assisting other building company clients and will not be back until Monday 26 September 2022.
Metrix is a highly valued client of the firm. He wishes you to answer in a video presentation to him, which is to be for no more than 5 minutes in length.
ISSUES THAT BECKSINDALE WANTS YOU TO ADDRESS AND PRESENT IN THE VIDEO:
Q1. Can the company still pay a dividend even though the current year has resulted in a trading loss and if they can why
Q2. Suren has been a director of two other companies in the last 7 years that became insolvent. Can he still be a director of Metrix?
Q3. In your report on issue number 4 of your written report you have referred to a court case. Explain to me the relevance of that case to the issues affecting Metrix or the directors of the company.
In this video presentation please answer these questions from the side of Becksindale Mugabe.
As accountants/financial advisers you will spend the majority of your time explaining issues to people but within very short time frames. The purpose of the video is to give you the opportunity in a safe environment to develop that skill.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started