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ACC 205 OUTLET perfect education/acc205outlet.com

FOR MORE CLASSES VISIT <br>www.acc205outlet.com<br><br>Week Five Exercise Assignment<br>Financial Ratios<br> <br>1. Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:<br>

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ACC 205 OUTLET perfect education/acc205outlet.com

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  1. ACC 205 OUTLET perfect education/acc205outlet.com

  2. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Final Paper (New) FOR MORE CLASSES VISIT www.acc205outlet.com Final Paper Focus of the Final Paper Write a five to seven page financial statement analysis of a public company, and formatted according to APA style as outlined in the Ashford Writing Center. In this analysis you will discuss the financial health

  3. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 Assignment Student Guidance Report FOR MORE CLASSES VISIT www.acc205outlet.com Exercises 2. Basic computations. The following selected balances were extracted from the accounting records of Rossi Enterprises on December 31, 20X3: a. Determine Rossi's total assets as of December 31.

  4. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 Chapter 1,2 Quiz and Video Quiz FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 1 Chapter 1,2 Quiz and Video Quiz 1. In accounting the concept of materiality refers to ________________.

  5. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 DQ 1 Accounting Equation (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Accounting Equation As you have learned in this week’s readings the Accounting Equation is + Owners’ Equity. Is the accounting equation true in all instances? Provide sample transactions from your own experiences to

  6. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 DQ 1 Accounting Equation (New) FOR MORE CLASSES VISIT www.acc205outlet.com Accounting Equation As you have learned in this week’s readings the Accounting Equation is + Owners’ Equity. Is the accounting equation true in all instances? Provide sample transactions from your own experiences to

  7. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 DQ 2 Accounts (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Accounts What does the term “account” mean? What are the different classifications of accounts? How do the rules for Debits and Credits impact accounts? Please provide an example of how debits and credits

  8. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 DQ 2 Accounts (New) FOR MORE CLASSES VISIT www.acc205outlet.com Accounts What does the term “account” mean? What are the different classifications of accounts? How do the rules for Debits and Credits impact accounts? Please provide an example of how debits and credits

  9. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 Exercise Assignment Basic Accounting Equations (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Week One Assignment 1) Basic concepts. Jean's Marine Supply specializes in the sale of boating equipment and acces­sories. Identify the items that follow as an asset (A), liability (L), revenue (R), or expense (E) from the firm's

  10. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 Journal Balance Sheet Journal (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Balance Sheet Journal The Balance Sheet is a financial snap shot of a company at a particular point in time. The Balance Sheet lists the assets, liabilities, and equity of the company. Reflect on your personal financial situation, can you

  11. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 1 Journal Balance Sheet Journal (New) FOR MORE CLASSES VISIT www.acc205outlet.com Balance Sheet Journal The Balance Sheet is a financial snap shot of a company at a particular point in time. The Balance Sheet lists the assets, liabilities, and equity of the company. Reflect on your personal financial situation, can you

  12. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 Assignment Student Guidance Report FOR MORE CLASSES VISIT www.acc205outlet.com Exercise 4 4. Accounting for prepaid expenses and unearned revenues. Hawaii-Blue began business on January 1 of the current year and offers deep-sea fishing trips to tourists. Tourists pay $125 in advance for an all-day

  13. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 Chapter 3,4 Quiz and Video Quiz FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 2 Chapter 3,4 Quiz and Video Quiz 1. The accrual basis of accounting means_______________________. Question 2. 2. Under accrual basis accounting revenue is not recognized until _________________.

  14. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 DQ 1 Accounting Cycle (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 2 DQ 1 Accounting Cycle Financial statements are a product of the accounting cycle. Think about two different companies, one a manufacturing company, the other a retail company. Why would different companies have different

  15. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 DQ 1 Accounting Cycle (New) FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 2 DQ 1 Accounting Cycle Financial statements are a product of the accounting cycle. Think about two different companies, one a manufacturing company, the other a retail company. Why would different companies have different

  16. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 DQ 2 Bank Reconciliation (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Bank Reconciliation What is the purpose of a bank reconciliation? What are the reasons there are differences between the cash reported in the accounting records and the cash balance in the bank statements?

  17. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 DQ 2 Bank Reconciliation (New) FOR MORE CLASSES VISIT www.acc205outlet.com Bank Reconciliation What is the purpose of a bank reconciliation? What are the reasons there are differences between the cash reported in the accounting records and the cash balance in the bank statements?

  18. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 Exercise Assignment Revenue and Expenses (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com 1. Recognition of concepts. Ron Carroll operates a small company that books entertainers for theaters, parties, conventions, and so forth. The company’s fiscal year ends on June 30. Consider the following

  19. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 Journal Income Statement Journal (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Income Statement Journal The Income Statement measures the income and expenses of a company over a specific period of time. Reflecting on your personal financial statement for the past month, can you apply the principles of the

  20. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 2 Journal Income Statement Journal (New) FOR MORE CLASSES VISIT www.acc205outlet.com Income Statement Journal The Income Statement measures the income and expenses of a company over a specific period of time.

  21. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 Assignment Student Guidance Report FOR MORE CLASSES VISIT www.acc205outlet.com Chapter 5, Exercise 1 Inventory errors and income measurement. The income statements of Keagle Company for 20X3 and 20X4 follow. 20X3 20X4 Sales $100,000 $109,000 Cost of goods sold 62,000 74,000

  22. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 Chapter 5,6 Quiz and Video Quiz FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 3 Chapter 5,6 Quiz and Video Quiz 1. Gross Profit is ___________________. Question 2. 2. All of the following are considered part of inventory cost except__________.

  23. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 DQ 1 LIFO vs. FIFO (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com LIFO vs. FIFO The controller of Sagehen Enterprises believes that the company should switch from the LIFO method to the FIFO method. The controller’s bonus is based on the next income. It is the controller’s belief that the

  24. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 DQ 1 LIFO vs. FIFO (New) FOR MORE CLASSES VISIT www.acc205outlet.com LIFO vs. FIFO The controller of Sagehen Enterprises believes that the company should switch from the LIFO method to the FIFO method. The controller’s bonus is based on the next income. It is the controller’s belief that the

  25. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 DQ 2 Depreciation (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Depreciation There is a variety of depreciation methods used to allocate the cost of an asset to all of the accounting periods benefited by the use of the asset. Your client has just purchased a piece of equipment for

  26. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 DQ 2 Depreciation (New) FOR MORE CLASSES VISIT www.acc205outlet.com Depreciation There is a variety of depreciation methods used to allocate the cost of an asset to all of the accounting periods benefited by the use of the asset. Your client has just purchased a piece of equipment for

  27. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 Exercise Assignment Inventory (New) FOR MORE CLASSES VISIT www.acc205outlet.com 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost

  28. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 Journal Inventory Journal (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Inventory Journal Reflect for a moment on the LIFO (Last in First Out) and FIFO (First in First Out) inventory methods. If you were starting a small manufacturing company, what inventory method do you believe would provide

  29. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 3 Journal Inventory Journal (New) FOR MORE CLASSES VISIT www.acc205outlet.com Inventory Journal Reflect for a moment on the LIFO (Last in First Out) and FIFO (First in First Out) inventory methods. If you were starting a small manufacturing company, what inventory method do you believe would provide

  30. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 Assignment Student Guidance Report FOR MORE CLASSES VISIT www.acc205outlet.com Chapter 7 Exercise 2 and 4 2. Accrued liability: current portion of long-term debt. On July 1, 20X1, Hall Company borrowed $225,000 via a long-term loan. Terms of the loan require that Hall pay interest and $75,000 of principal on

  31. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 Chapter 7,8 Quiz and Video Quiz FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 4 Chapter 7,8 Quiz and Video Quiz 1. Current Liabilities are _____________________________. (Points : 1) Question 2. 2. The Unearned Revenue account is used to record ____________________. (Points : 1)

  32. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 DQ 1 Current Liability (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Current Liability What is a current liability? From a user of financial statements perspective why do you believe current liabilities are separated from long-term liabilities? Based on your current experience and any additional

  33. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 DQ 1 Current Liability (New) FOR MORE CLASSES VISIT www.acc205outlet.com Current Liability What is a current liability? From a user of financial statements perspective why do you believe current liabilities are separated from long-term liabilities? Based on your current experience and any additional

  34. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 DQ 2 Client Recommendations (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Client Recommendations A client comes to you thinking about starting a consulting business. Specifically your client is interested in what type of entity should be created for this new business. Based on your readings or any additional

  35. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 DQ 2 Client Recommendations (New) FOR MORE CLASSES VISIT www.acc205outlet.com Client Recommendations A client comes to you thinking about starting a consulting business. Specifically your client is interested in what type of entity should be created for this new business. Based on your readings or any additional

  36. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 Exercise Assignment Liability (New) FOR MORE CLASSES VISIT www.acc205outlet.com Week Four Exercise Assignment Liability 1. Partner investments; journal entries. The LP partnership was formed on January 1, 19X7, by

  37. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 Journal Future Obligations Journal (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Future Obligations Journal The current liability section of the balance sheet lists the liabilities that are due within the next 12 months.

  38. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 4 Journal Future Obligations Journal (New) FOR MORE CLASSES VISIT www.acc205outlet.com Future Obligations Journal The current liability section of the balance sheet lists the liabilities that are due within the next 12 months. Reflecting on your current financial situation, apply the concept of current liabilities. What does this

  39. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 Assignment Student Guidance Report FOR MORE CLASSES VISIT www.acc205outlet.com Chapter 9 Exercise 3 Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10: Compute the current and quick ratios for each of the three companies. (Round calculations to two

  40. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 Chapter 9 Quiz and Video Quiz FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 5 Chapter 9 Quiz and Video Quiz Question 1. 1. Common-size financial statements means___________________.

  41. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 DQ 1 (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 5 DQ 1

  42. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 DQ 1 (New) FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 5 DQ 1

  43. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 DQ 2 (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 5 DQ 2

  44. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 DQ 2 (New) FOR MORE CLASSES VISIT www.acc205outlet.com ACC 205 Week 5 DQ 2

  45. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 Exercise Assignment Financial Ratios(New) FOR MORE CLASSES VISIT www.acc205outlet.com Week Five Exercise Assignment Financial Ratios 1. Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:

  46. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 Final Paper Paper (Boeing General Electric Lowes Home) (3 Papers) FOR MORE CLASSES VISIT www.acc205outlet.com This Tutorial contains 3 Papers Paper 1: Boeing Paper 2: General Electric

  47. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 Final Paper Paper (Microsoft StarBucks) (2 Papers) FOR MORE CLASSES VISIT www.acc205outlet.com This Tutorial contains 2 Papers Paper 1: Microsoft Paper 2: StarBucks

  48. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 Final Paper Paper (Walmart, Qualcomm) (2 Papers) FOR MORE CLASSES VISIT www.acc205outlet.com This Tutorial contains 2 Papers Paper 1: Walmart Paper 2: Qualcomm Final Paper

  49. ACC 205 OUTLET perfect education/acc205outlet.com ACC 205 Week 5 Journal Most Important Ratio Journal (Ash) FOR MORE CLASSES VISIT www.acc205outlet.com Most Important Ratio Journal Reflect for a moment on the ratios (working capital, current ratio, quick ratio, debt to asset, debt to equity, times interest earned, gross margin and net margin) presented this week. If you were considering

  50. ACC 205 OUTLET perfect education/acc205outlet.com

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