• date post

12-Apr-2017
• Category

## Education

• view

42

3

Embed Size (px)

### Transcript of Acc 291 uop assignments,acc 291 uop entire class,acc 291 uop full class

• 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

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

• o Times interest earned

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

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

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

• Exercise E13-8

Exercise E14-1

Problem P13-9A

Problem P13-10A

Problem P14-2A

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

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.

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

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.

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/

• 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

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

To Know More Tutorials Visit http://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/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/

• 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.

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.

http://www.tutorialfirm.com/ACC-291/ACC-291-Week-4-Individual-Assignment-WileyPlus-Practice-Ch-13-and-Ch-14

• 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.

\$325,00