Cathay Pacific Airways (HKG) is an international airline offering scheduled passenger and cargo services to 116 destinations in 35 countries and territories. The company was founded in Hong Kong in 1946 and remains deeply committed to its home base, making substantial investments to develop Hong Kong as one of the worlds leading global transportation hubs. In addition to the fleet of 123 wide-bodied aircraft, these investments include catering, aircraft maintenance, and ground-handling companies. The following titles were shown on Cathays statement of financial position in a recent year.

Current portion of long-term liabilities Deferred taxation

Fixed assets

Funds attributable to owners of Cathay Pacific Intangible assets

Investments in associates Liquid funds

Long-term liabilities

Instructions

Net non-current assets

Non-controlling interest

Other long-term receivables and investments Reserves Retirement benefit obligations Share capitalordinary

Taxation

Trade and other payables

Trade and other receivables

Unearned transportation revenue

1. Organize the accounts in the general order in which they would be presented in a classified statement of financial position.

2. When Cathay passengers purchase tickets for travel on future flights, what statement of financial position accounts are most likely affected? Do the balances in these accounts decrease or increase?

deep Case Cathay Pacific Airlines Cathay Pacific Airways CHKG) is an international airline offering schedule and carpe Hong Kong as one of the world's leading global transportation at the feet of tz wide-bodied at these investments include termine, and companies. The following titles shown on Cathy's of financial pentinament Current part of long-termibili Net Deferred to Nicorulling Fedt Other long term investments Punda attributable to owner of Cathay Pacific Retinmobiliai Intangible lavestments in Tution Liquid fende Trade and the pers Long-term Bill Trade and other tware Istri 1. Organize the accounts in the general inder in which they will be presented in a classified statement of financial pe 2. When Cuthus pauengers purchase tickets for travel og bettement of Financial position accounts are mostly died Dealers in these com decrease increase Case 2 Cathay Pacific Airlines Cathay Pacific Airways (HKG) is an international airline offering scheduled passenger and cargo services to 116 destinations in 35 countries and territories. The company was founded in Hong Kong in 1946 and remains deeply committed to its home base, making substantial investments to develop Hong Kong as one of the world's leading global transportation hubs. In addition to the fleet of 123 wide-bodied aircraft, these investments include catering, aircraft maintenance, and ground-handling companies. The following titles were shown on Cathay's statement of financial position in a recent year. Current portion of long-term liabilities Net non-current assets Deferred taxation Non-controlling interest Fixed assets Other long-term receivables and investments Funds attributable to owners of Cathay Pacific Reserves Retirement benefit obligations Intangible assets Share capital-ordinary Investments in associates Taxation Liquid funds Trade and other payables Long-term liabilities Trade and other receivables Unearned transportation revenue Instructions 1. Organize the accounts in the general order in which they would be presented in a classified statement of financial position. 2. When Cathay passengers purchase tickets for travel on future flights, what statement of financial position accounts are most likely affected? Do the balances in these accounts decrease or increase? Exercise 1 Standard model De Luxe model Direct material $15/unit $15,000 (all) Direct labour $20/dih $30/dih totally produced 800 units 500 units Calculate the full costs of both models under traditional and ABC system Determine the selling price for the De Luxe model, if profit margin on selling price (markup on sales) is 25% for Traditional and ABC costing. Compare and comment Page 1 of 1 182 words D Arabia (Arial Focus 167