Acc 291 UOP Tutorials,Acc 291 UOP Assignment,Acc 291 UOP Entire Class,Acc 291 UOP Full Class

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  • ACC 291 Week 5 Learning Team Assignment Paper Huffman Trucking

    ACC 291 Week 5 Learning Team Assignment Paper Huffman Trucking

    Resource: Internet or other resources; annual report for the company of your

    choice.

    Access the information contained in your selected organizations balance sheet and

    income statement to calculate the following:

    Liquidity ratios

    o Current ratio

    o Acid-test, or quick, ratio

    o Receivables turnover

    o Inventory turnover

    Profitability ratios

    o Asset turnover

    o Profit margin

    o Return on assets

    o Return on common stockholders equity

    Solvency ratios

    o Debt to total assets

    o Times interest earned

    http://www.tutorialfirm.com/ACC-291/ACC-291-Week-5-Learning-Team-Assignment-Paper-Huffman-Trucking

  • Show your calculations for each ratio using an excel spreadsheet.

    Create a horizontal and vertical analysis for the balance sheet and the income

    statement.

    Write a 350- to 700-word memo to the CEO of your selected organization in which

    you discuss your findings from your ratio calculations and your horizontal and

    vertical analysis. In your memo, address the following questions:

    What do the liquidity, profitability, and solvency ratios reveal about the

    companys financial position?

    Which users may be interested in each type of ratio?

    What does the collected data reveal about the companys performance and

    position?

    Attach a copy of the companys Balance Sheet, Income Statement and Cash Flow

    Statement with the assignment as a separate document.

    Format your paper should be consistent with APA guidelines

    To Know More Tutorials Visit http://www.tutorialfirm.com

    ACC 291 Week 5 Individual WileyPLUS Assignment

    ACC 291 Week 5 Individual WileyPLUS Assignment

    Resource: WileyPLUS

    Complete the following Week Five WileyPLUS Exercises and Problems:

    Exercise E13-1

    Exercise E13-8

    Exercise E14-1

    http://www.tutorialfirm.com/http://www.tutorialfirm.com/ACC-291/ACC-291-Week-5-Individual-WileyPLUS-Assignment

  • Problem P13-9A

    Problem P13-10A

    Problem P14-2A

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    ACC 291 Week 5 DQ 2

    ACC 291 Week 5 DQ 2

    Discuss whether or not the Sarbanes-Oxley Act made a difference in the ethical

    behavior of companies regarding their financial accounting. Give examples if

    necessary.

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    ACC 291 Week 5 DQ 1

    ACC 291 Week 5 DQ 1

    Discuss an example of a potentially unethical accounting situation and why it is

    unethical. Discuss how ethics affect a companys financial results.

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    ACC 291 Week 5 Learning Team Reflection Summary

    To Know More Tutorials Visit http://www.tutorialfirm.com

    ACC 291 Week 5 Individual Assignment Effect Of Unethical Behavior Article

    Analysis

    To Know More Tutorials Visit http://www.tutorialfirm.com

    http://www.tutorialfirm.com/http://www.tutorialfirm.com/ACC-291/ACC-291-Week-5-DQ-2http://www.tutorialfirm.com/http://www.tutorialfirm.com/ACC-291/ACC-291-Week-5-DQ-1http://www.tutorialfirm.com/http://www.tutorialfirm.com/ACC-291/ACC-291-Week-5Learning-Team-Reflection-Summaryhttp://www.tutorialfirm.com/http://www.tutorialfirm.com/ACC-291/ACC-291-Week-5Individual-Assignment-Effect-of-Unethical-Behavior-Article-Analysishttp://www.tutorialfirm.com/ACC-291/ACC-291-Week-5Individual-Assignment-Effect-of-Unethical-Behavior-Article-Analysishttp://www.tutorialfirm.com/

  • ACC 291 Week 4 Individual WileyPLUS Assignment Exercise 11-1 E11-15

    E11-16 Problem P11-6A And P11-8A

    ACC 291 Week 4 Individual WileyPLUS Assignment Exercise 11-1 E11-15

    E11-16 Problem P11-6A and P11-8A

    Resource: WileyPLUS

    Complete the following WileyPLUS Week Four Exercises and Problems:

    Exercise Do It! 11-1

    Exercise E11-15

    Exercise E11-16

    Problem P11-6A

    Problem P11-8A

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    ACC 291 Week 4 Individual Assignment WileyPlus Practice Ch 13 And Ch 14

    ACC 291 Week 4 Individual Assignment WileyPlus Practice Ch 13 and Ch 14

    Question 1

    Comparisons of data within a company are an example of the following

    comparative basis:

    Industry averages.

    Intracompany.

    Intercompany.

    http://www.tutorialfirm.com/ACC-291/ACC-291-Week-4-Individual-WileyPLUS-Assignment-Exercise11-1-E11-15-E11-16-Problem-P11-6A-and-P11-8Ahttp://www.tutorialfirm.com/ACC-291/ACC-291-Week-4-Individual-WileyPLUS-Assignment-Exercise11-1-E11-15-E11-16-Problem-P11-6A-and-P11-8Ahttp://www.tutorialfirm.com/http://www.tutorialfirm.com/ACC-291/ACC-291-Week-4-Individual-Assignment-WileyPlus-Practice-Ch-13-and-Ch-14

  • Both intracompany and intercompany.

    Question 2

    In horizontal analysis, each item is expressed as a percentage of the:

    base year amount.

    net income amount.

    stockholders equity amount.

    total assets amount.

    Question 3

    In vertical analysis, the base amount for depreciation expense is generally:

    fixed assets.

    net sales.

    depreciation expense in a previous year.

    gross profit.

    Question 4

    The data in the schedule is a display of vertical analysis because the individual

    asset items are expressed as a percentage of total assets.

    The following schedule is a display of what type of analysis?

    Amount Percent

    Current assets $200,000 25%

    Property, plant, and equipment 600,000 75%

    Total assets $800,000 100%

  • ratio analysis

    horizontal analysis

    differential analysis

    vertical analysis

    Question 5

    Sammy Corporation reported net sales of $300,000, $330,000, and $360,000 in the

    years, 2009, 2010, and 2011, respectively. If 2009 is the base year, what is the

    trend percentage for 2011?

    77%

    108%

    120%

    130%

    Question 6

    Which of the following measures is an evaluation of a firms ability to pay current

    liabilities?

    Acid-test ratio

    Current ratio

    Both acid-test ratio and current ratio

    None of the above

  • Question 7

    A measure useful in evaluating the efficiency in managing inventories is:

    a. inventory turnover.

    b. average days to sell inventory.

    c. Both (a) and (b).

    d. None of the above.

    Question 8

    Financial statement information follows as of the end of each year.

    2011 2010

    Inventory $54,000 $48,000

    Current assets 81,000 106,000

    Total assets 382,000 326,000

    Net sales 784,000 697,000

    Cost of goods sold 306,000 277,000

    Compute the days in inventory for 2011.

    64.4 days

    6 days

    60.8 days

    24 days

    Question 9

    Financial statement information follows as of the end of each year.

  • 2011 2010

    Inventory $54,000 $48,000

    Current assets 81,000 106,000

    Total assets 382,000 326,000

    Current liabilities 27,000 36,000

    Total liabilities 102,000 88,000

    Compute the current ratio for 2011.

    3.75:1

    1.26:1

    .80:1

    3.0:1

    Question 10

    Financial statement information follows as of the end of each year.

    2011 2010

    Inventory $54,000 $48,000

    Net sales 784,000 697,000

    Cost of goods sold 306,000 277,000

    Net income 134,000 90,000

    Compute the profit margin ratio for 2011.

    18.1%

    37.9%

    17.1%

    5.9%

    Question 11

  • Financial statement information follows as of the end of each year.

    2011 2010

    Stockholders equity $280,000 $238,000

    Net income 134,000 90,000

    Tax expense 22,000 18,000

    Interest expense 12,000 12,000

    Dividends paid to preferred stockholders 20,000 20,000

    Dividends paid to common stockholders 15,000 10,000

    Compute the return on common stockholders equity for 2011.

    47.9%

    44.0%

    51.7%

    40.7%

    Question 12

    Financial statement information follows as of the end of each year.

    2011 2010

    Stockholders equity $280,000 $238,000

    Net income 134,000 90,000

    Tax expense 22,000 18,000

    Interest expense 12,000 12,000

    Dividends paid to preferred stockholders 20,000 20,000

    Dividends paid to common stockholders 15,000 10,000

    Compute the times interest earned for 2011.

    13.0 times

    14.0 times

    11.2 times

  • 65.3 times

    Question 13

    In reporting discontinued operations, the income statement should show in a

    special section:

    a. gains and losses on the disposal of the discontinued segment.

    b. gains and losses from operations of the discontinued segment.

    c. Both (a) and (b).

    d. Neither (a) nor (b).

    Question 14

    Scout Corporation has income before taxes of $400,000 and an extraordinary loss

    of $100,000. If the income tax rate is 25% on all items, the income statement

    should show income before extraordinary items and extraordinary items,

    respectively, of

    $325,000 and $100,000.

    $300,000 and $75,000.

    $325,000 and $75,000.