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ACC 561 Entire Course (Excluding Final Guide)
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ACC 561 Week 1 Individual Assignment Financial Statements (2
Papers) (New Syllabus) ACC 561 Week 1 Individual Assignment
Financial Statements (Walt Disney) ACC 561 Week 2 Assignment
Accounting Methods (Bizcon, 2 Papers) ACC 561 Week 3 Assignment
Ratio Analysis (P Jason, New Syllabus) ACC 561 Week 3 Team
Financial Statement Analysis and Decision Making Activity ACC 561
Week 4 Assignment Production Cost (Davis Skaros, New Syllabus)
ACC 561 Week 5 Team Cost Behavior Analysis ACC 561 Week 5
Assignment Case Study Cost Volume Profit Analysis (Mary Willis, New
Syllabus) ACC 561 Week 6 Assignment Managerial Analysis
Assessment (Green Pasture, New Syllabus) ACC 561 Week 1 Financial
Statement Differentiation Paper (New Syllabus) ACC 561 Week 2 Small
Business Analysis (New Syllabus) ACC 561 Week 3 Team Assignment
Tootsie Roll Industries Inc. Loan Package ACC 561 Week 3 Business
Plan Develop a business plan and financial metrics ACC 561 Week 4
Costing Methods ACC 561 Week 5 CVP and Break-Even Analysis ACC
561 Week 6 Budgets and Decisions making
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ACC 561 Entire Course (With Final Guide)

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Final Guide contains 23 Questions out of 30 (you can ask for free help
before opening the exam) ACC 561 Final Exam Guide (New, 2017, 23
Questions) ACC 561 Week 1 Individual Assignment Financial
Statements (2 Papers) (New Syllabus) ACC 561 Week 1 Individual
Assignment Financial Statements (Walt Disney) ACC 561 Week 2
Assignment Accounting Methods (Bizcon, 2 Papers) ACC 561 Week 3
Assignment Ratio Analysis (P Jason, New Syllabus) ACC 561 Week 3
Team Financial Statement Analysis and Decision Making Activity ACC
561 Week 4 Assignment Production Cost (Davis Skaros, New Syllabus)
ACC 561 Week 5 Team Cost Behavior Analysis ACC 561 Week 5
Assignment Case Study Cost Volume Profit Analysis (Mary Willis, New
Syllabus) ACC 561 Week 6 Assignment Managerial Analysis
Assessment (Green Pasture, New Syllabus) ACC 561 Week 1 Financial
Statement Differentiation Paper (New Syllabus) ACC 561 Week 2 Small
Business Analysis (New Syllabus) ACC 561 Week 3 Team Assignment
Tootsie Roll Industries Inc. Loan Package ACC 561 Week 3 Business
Plan Develop a business plan and financial metrics ACC 561 Week 4
Costing Methods ACC 561 Week 5 CVP and Break-Even Analysis ACC
561 Week 6 Budgets and Decisions making
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ACC 561 Final Exam Guide (New, 2019, Score 100%)

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The investigation of materials price variance usually begins in the:
controller’s office. accounts payable department. first production
department. purchasing department Hollis Industries produces flash
drives for computers, which it sells for $20 each. Each flash drive costs
$13 of variable costs to make. During April, 1,000 drives were sold.
Fixed costs for March were $2 per unit for a total of $1,000 for the
month. How much is the contribution margin ratio? 35% 25% 75% 65%
Which of the following statements is not true? When a company’s sales
revenue is decreasing, high operating leverage is good because it means
that profits will decrease at a slower pace than revenues decrease. When
a company’s sales revenue is increasing, high operating leverage is good
because it means that profits will increase rapidly. Companies that have
higher fixed costs relative to variable costs have higher operating
leverage. Operating leverage refers to the extent to which a company’s
net income reacts to a given change in sales. Which of the following will
not result in an unfavorable controllable margin difference? Sales under
budget; costs under budget Sales exceeding budget; costs under budget
Sales under budget; costs over budget Sales exceeding budget; costs
over budget 5 Based on the following data, what is the amount of
working capital? Accounts
payable………………………………………………………..$64,000
Accounts
receivable……………………………………………………..114,000

Cash……………………………………………………………………….
70,000 Intangible
assets…………………………………………………………100,000
Inventory………………………………………………………………….
138,000 Long-term
investments…………………………………………………..160,000
Long-term liabilities………………………………
………………………200,000 Short-term
investments……………………………………………………80,000
Notes payable (short-
term)………………………………………………..56,000 Property,
plant, and equipment………………………………………..1,340,000
Prepaid
insurance…………………………………………………………….2,00
0 $370,000 $332,000 $326,000 $284,000 6 Miller Manufacturing’s
degree of operating leverage is 1.5. Warren Corporation’s degree of
operating leverage is 3. Warren’s earnings would go up (or down) by
________ as much as Miller’s with an equal increase (or decrease) in
sales. 2 times 4.5 times 1.5 times 1/2 times 7 What is the primary
difference between a static budget and a flexible budget? The static
budget contains only fixed costs, while the flexible budget contains only
variable costs. The static budget is prepared only for units produced,
while a flexible budget reflects the number of units sold. The static
budget is constructed using input from only upper level management,
while a flexible budget obtains input from all levels of management. The
static budget is prepared for a single level of activity, while a flexible
budget is adjusted for different activity levels. 8 Ben Gordon, Inc.
manufactures 2 products, wheels and seats. The company has estimated
its overhead in the assembling department to be $660,000. The company
produces 300,000 wheels and 600,000 seats each year. Each wheel uses

2 parts, and each seat uses 3 parts. How much of the assembly overhead
should be allocated to wheels? $165,000 $220,000 $264,000 $282,856 9
Financial and managerial accounting are similar in that both: produce
general-purpose reports. deal with the economic events of an enterprise.
have reports that are prepared quarterly and annually. have the same
primary users. 10 It costs Garner Company $12 of variable and $5 of
fixed costs to produce one bathroom scale which normally sells for $35.
A foreign wholesaler offers to purchase 3,000 scales at $15 each. Garner
would incur special shipping costs of $1 per scale if the order were
accepted. Garner has sufficient unused capacity to produce the 3,000
scales. If the special order is accepted, what will be the effect on net
income? $6,000 decrease $9,000 decrease $6,000 increase $45,000
increase 11 Which one of the following is an example of a period cost?
A manager’s salary for work that is done in the corporate head office. A
box cost associated with computers. A change in benefits for the union
workers who work in the New York plant of a Fortune 1000
manufacturer. Workers’ compensation insurance on factory workers’
wages allocated to the factory. 12 The Mac Company has four plants
nationwide that cost $350 million. The current fair value of the plants is
$300 million. The plants will be reported as assets at: $300 million. $350
million. $600 million. $700 million. 13 Are advanced receipts from
customers treated as revenue at the time of receipt? Why or why not?
Yes, the intent of the company is to perform the work and the customer
is confident that the services will be completed. No, the amount of
revenue cannot be adequately determined until the company completes
the work. Yes, they are treated as revenue at the time of receipt because
the company has access to the cash. No, revenue cannot be recognized
until the work is performed. 14 Which statement is correct? The cash
basis of accounting is objective because no one can be certain of the
amount of revenue until the cash is received. As long as management is

ethical, there are no problems with using the cash basis of accounting.
As long as a company consistently uses the cash basis of accounting,
generally accepted accounting principles allow its use. The use of the
cash basis of accounting violates both the revenue recognition and
expense recognition principles. 15 If a plant is operating at full capacity
and receives a one-time opportunity to accept an order at a special price
below its usual price, then: the order will likely be accepted. only
variable costs are relevant. the order will likely be rejected. fixed costs
are not relevant. 16 Kimble Company applies overhead on the basis of
machine hours. Given the following data, compute overhead applied and
the under- or overapplication of overhead for the period: Estimated
annual overhead cost $1,600,000 Actual annual overhead cost
$1,575,000 Estimated machine hours 400,000 Actual machine hours
390,000 $1,560,000 applied and $15,000 underapplied $1,560,000
applied and $15,000 overapplied $1,600,000 applied and $15,000
overapplied $1,575,000 applied and neither under- nor overapplied 17
Scorpion Production Company planned to use 1 yard of plastic per unit
budgeted at $81 a yard. However, the plastic actually cost $80 per yard.
The company actually made 3,900 units, although it had planned to
make only 3,300 units. Total yards used for production were 3,960. How
much is the total materials variance? $3,960 F $48,600 U $900 U $4,860
U 18 Which of the following statements concerning users of accounting
information is incorrect? Present creditors are considered external users.
Taxing authorities are considered external users. Regulatory authorities
are considered internal users. Management is considered an internal
user. 19 Top management notices a variation from budget and an
investigation of the difference reveals that the department manager could
not be expected to have controlled the variation. Which of the following
statements is applicable? Department managers should be credited for
favorable variances even if they are beyond their control. Department

managers should be held accountable for all variances from budgets for
their departments. Department managers’ performances should not be
evaluated based on actual results to budgeted results. Department
managers should only be held accountable for controllable variances for
their departments. 20 Danner Corporation reported net sales of
$650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018,
respectively. If 2016 is the base year, what percentage do 2018 sales
represent of the base? 120% 83% 20% 108% 21 La More Company had
the following transactions during 2016: Sales of $9,000 on account
Collected $4,000 for services to be performed in 2017 Paid $3,750 cash
in salaries for 2016 Purchased airline tickets for $500 in December for a
trip to take place in 2017 What is La More’s 2016 net income using
accrual accounting? $9,250 $9,750 $5,250 $5,750 22 If there are no
units in process at the beginning of the period, then: the units started into
production will equal the number of units transferred out. the company
must be using a job order cost system. the units to be accounted for will
equal the units transferred out and the units in process at the end of the
period. only one computation of equivalent units of production will be
necessary. 23 Which of the following is not an underlying assumption of
CVP analysis? Sales mix is constant. Beginning inventory is larger than
ending inventory. Cost classifications are reasonably accurate. Changes
in activity are the only factors that affect costs. 24. In performing a
vertical analysis, the base for sales revenues on the income statement is:
net sales. cost of goods available for sale. sales revenue. net income. 25
Differences between a job order cost system and a process cost system
include all of the following except the: unit cost computations. flow of
costs. documents used to track costs. point at which costs are totaled. 26
Henson Company began the year with retained earnings of $380,000.
During the year, the company recorded revenues of $500,000, expenses
of $380,000, and paid dividends of $40,000. What was Henson’s

retained earnings at the end of the year? $460,000 $540,000 $840,000
$500,000 27 At September 1, 2017, Baxter Inc. reported Retained
Earnings of $423,000. During the month, Baxter generated revenues of
$60,000, incurred expenses of $36,000, purchased equipment for
$15,000 and paid dividends of $6,000. What is the balance in Retained
Earnings at September 30, 2017? $24,000 credit $423,000 debit
$426,000 credit $441,000 credit 28 An activity-based overhead rate is
computed as follows: estimated overhead divided by actual use of cost
drivers. actual overhead divided by estimated use of cost drivers.
estimated overhead divided by estimated use of cost drivers. actual
overhead divided by actual use of cost drivers. 29. Which is the last step
in developing the master budget? Preparing the cash budget Preparing
the cost of goods manufactured budget Preparing the budgeted balance
sheet Preparing the budgeted income statement 30 The entry to record
the acquisition of raw materials on account is: Manufacturing Overhead
Raw Materials Inventory Accounts Payable Work in Process Inventory
Accounts Payable Raw Materials Inventory Accounts Payable Accounts
Payable Raw Materials Inventory
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ACC 561 Week 1 Financial Statement Differentiation Paper
(New Syllabus)
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Financial Statement Differentiation Instructions: Write a paper between
700 and 1,000 words discussing the four different types of financial
statement. Explain the information provided by each financial statement
and include specific examples. Incorporate your responses to the
following questions. Which financial statement or statement would be of
most interest to investors, creditors and management. Why? Format your
paper consistent with APA guidelines and submit your paper and
plagiarism review file via the assignment files tab.
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ACC 561 Week 1 Individual Assignment Financial Statements
(2 Papers) (New Syllabus)
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Purpose of Assignment This activity helps students recognize the
significant role accounting plays in providing financial information to
management for decision making through the evaluation of financial
statements. This experiential assignment requires students to use ratios
to evaluate and analyze a company's liquidity, solvency, and
profitability. Assignment Steps Resources: Generally Accepted
Accounting Principles (GAAP), U.S. Securities and Exchange
Commission (SEC), University Library, Library resources: Company
Directories and Financials Tutorial help on Excel® and Word functions

can be found on the Microsoft® Office website. There are also
additional tutorials via the web offering support for Office products.
Select a publicly traded, U.S. corporation with which you are familiar or
one where you currently work or have worked in the past. Research the
company on the Internet and download the Income Statement, Statement
of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows.
Develop a minimum 700-word examination of the financial statements
and include the following: • Determine the net income for the current
fiscal year (FY). Is this income up or down from the prior year? •
Explain the relevance of changes in net income to investors. •
Determine the ending balance in shareholders' equity. Why would
organizations such as labor unions be interested in this? • Determine
the total value of assets. • Discuss the relevance of the total value of
assets to potential creditors and why this is important. • Compute the
return on assets. Discuss the relative profitability of the company based
on your results. • Compute the working capital and current ratio.
Evaluate the relative liquidity of the company based on your results. •
Compute the debt to assets ratio and the free cash flow for your
company. Analyze the results and comment on the relative solvency of
the company. • Discuss how the financial statements are used in your
current role or a position you would like to hold. How might these aid
you in managerial decision making? Show your work in Microsoft®
Word or Excel®. Complete calculations/computations using Microsoft®
Word or Excel®. Include the four financial statements along with your
assignment. Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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ACC 561 Week 1 Individual Assignment Financial Statements
(Boeing)
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Purpose of Assignment This activity helps students recognize the
significant role accounting plays in providing financial information to
management for decision making through the evaluation of financial
statements. This experiential assignment requires students to use ratios
to evaluate and analyze a company's liquidity, solvency, and
profitability. Assignment Steps Resources: Generally Accepted
Commission (SEC), University Library, Library resources: Company
Directories and Financials Tutorial help on Excel® and Word functions
can be found on the Microsoft® Office website. There are also
additional tutorials via the web offering support for Office products.
Select a publicly traded, U.S. corporation with which you are familiar or
one where you currently work or have worked in the past. Research the
company on the Internet and download the Income Statement, Statement
of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows.
and include the following: • Determine the net income for the current
fiscal year (FY). Is this income up or down from the prior year? •
Explain the relevance of changes in net income to investors. •
Determine the ending balance in shareholders' equity. Why would
organizations such as labor unions be interested in this? • Determine

the total value of assets. • Discuss the relevance of the total value of
assets to potential creditors and why this is important. • Compute the
return on assets. Discuss the relative profitability of the company based
on your results. • Compute the working capital and current ratio.
Evaluate the relative liquidity of the company based on your results. •
Compute the debt to assets ratio and the free cash flow for your
company. Analyze the results and comment on the relative solvency of
the company. • Discuss how the financial statements are used in your
current role or a position you would like to hold. How might these aid
you in managerial decision making? Show your work in Microsoft®
Word or Excel®. Complete calculations/computations using Microsoft®
Word or Excel®. Include the four financial statements along with your
assignment. Format your assignment consistent with APA guidelines.
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ACC 561 Week 2 Assignment Accounting Methods (Bizcon, 2
Papers)
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This Tutorial contains 2 Papers Purpose of Assignment This week's
activity illustrates the role a company's accounting method plays in
financial statement reporting. In this assignment, students evaluate the

events occuring in a business setting and determine how to properly
analyze those events to identify the impact on both cash and accrual
accounting methods. Assignment Steps Resources: Generally Accepted
Commission (SEC) Tutorial help on Excel® and Word functions can be
found on the Microsoft® Office website. There are also additional
tutorials via the web offering support for Office products. Scenario:
BizCon, a consulting firm, has just completed its first year of operations.
The company's sales growth was explosive. To encourage clients to hire
its services, BizCon offered 180-day financing - meaning its largest
customers do not pay for nearly 6 months. Because BizCon is a new
company, its equipment suppliers insist on being paid cash on delivery.
Also, it had to pay up front for 2 years of insurance. At the end of the
year, BizCon owed employees for one full month of salaries, but due to
a cash shortfall, it promised to pay them the first week of next year. As
the senior accountant, the Chief Financial Officer has asked you to
prepare a memo to be sent to management notifying them of the delayed
wage payments. Prepare the memo in a maximum 700 words including
the following information to better outline the situation: • Explain
how cash and accrual accounting differs for each of the events listed in
the above scenario and describe the proper accrual accounting. •
Assess how at the end of the year, BizCon reported a favorable net
income, yet the company's management is concerned because the
company is very short of cash. Explain to management how BizCon
could have positive net income and yet run out of cash.
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ACC 561 Week 2 Individual Assignment Accounting and The
Regulatory Environment Presentation

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In the wake of the accounting and finance scandals of the early 2000s,
the regulatory environment for businesses changed dramatically to
create more accountability and transparency. Agencies like the
Securities and Exchange Commission (SEC) and the Public Company
Accounting Oversight Board (PCAOB) play a greater role in enforcing
and auditing companies for compliance to regulations such as the
Sarbanes-Oxley Act of 2002. Select an accounting regulatory or
standards agency (e.g. PCAOB, IASB, etc.) Select a public company
that you either currently work for, have worked for in the past, or one
with which you are familiar. Create a presentation with an analysis of
the regulatory environment: • Identify one or more regulations that
would apply to your selected company. • Discuss the ways that
compliance with the regulations is beneficial to the company, industry,
and consumers. • Examine how the agency you selected and your
selected company work together. • Explain the role of ethics in the
regulatory environment. • Discuss the ways in which the regulatory
environment would directly affect your role in the company in either
your current role or your desired career with the organization. Format
your assignment consistent with APA guidelines. Click the Assignment
Files tab to submit your assignment.
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ACC 561 Week 2 Individual Assignment Accounting The
Regulatory Environment (2 Papers)
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This Tutorial contains 2 Papers of this Assignment In the wake of the
accounting and finance scandals of the early 2000s, the regulatory
environment for businesses changed dramatically to create more
accountability and transparency. Agencies like the Securities and
Exchange Commission (SEC) and the Public Company Accounting
Oversight Board (PCAOB) play a greater role in enforcing and auditing
companies for compliance to regulations such as the Sarbanes-Oxley Act
of 2002. Select an accounting regulatory or standards agency (e.g.
PCAOB, IASB, etc.) Select a public company that you either currently
work for, have worked for in the past, or one with which you are
familiar. Create a 1,050-word analysis of the regulatory environment: •
Identify one or more regulations that would apply to your selected
company. • Discuss the ways that compliance with the regulations
is beneficial to the company, industry, and consumers. •Examine how
the agency you selected and your selected company work together. •
Explain the role of ethics in the regulatory environment. •
Discuss the ways in which the regulatory environment would
directly affect your role in the company in either your current role or
your desired career with the organization. Format your assignment
consistent with APA guidelines. Click the Assignment Files tab to
submit your assignment.

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ACC 561 Week 2 Small Business Analysis New Syllabus
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Small Business Analysis Instructions: You are interested in establishing
a small business and you must decide which of the four forms of
business organization would best suit your unique product or service.
Consider legal, tax, accounting, and other implications when selecting
from the four business types. Write a paper between 1,000 and 1,500
words discussing your small-business idea. Include the following: 1. The
advantages and dis advantages of the four different forms of business
organization, Which include sole proprietorship, partnership,C-
corporation, and S-corporation s. 2. Identify which accounting method
(i.e. cash versus accrual) you plan to use for your business. Why did you
select this choice? 3. An explanation of the product or service your small
business provides. 4. State three business transactions you expect to
incur to with your company. Discuss how the transactions impact your
income statement, balance sheet and statement of cash flow. 5. Select an
organization type for your company and explain why you selected this
option. Format your paper consistent with APA guidelines and submit
your paper and plagiarism review file via the assignment files tab.
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ACC 561 Week 3 Assignment Ratio Analysis (P Jason, New
Syllabus)
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Purpose of Assignment This week's focus is on the preparation of
financial reports for internal users, such as managers. This case study
applies the concepts of managerial accounting, through comparative and
ratio analysis, and requires students to identify financial data needed by
managers for decision making. About Your Signature Assignment This
signature assignment is designed to align with specific program student
learning outcome(s) in your program. Program Student Learning
Outcomes are broad statements that describe what students should know
and be able to do upon completion of their degree. The signature
assignments may be graded with an automated rubric that allows the
University to collect data that can be aggregated across a location or
college/school and used for program improvements. Assignment Steps
Resources: Generally Accepted Accounting Principles (GAAP), U.S.
Securities and Exchange Committee (SEC) Tutorial help on Excel® and
Word functions can be found on the Microsoft® Office website. There
are also additional tutorials via the web offering support for Office
products. Scenario: You are a loan officer for White Sands Bank of
Taos. Paul Jason, president of P. Jason Corporation, has just left your
office. He is interested in an 8-year loan to expand the company's

operations. The borrowed funds would be used to purchase new
equipment. As evidence of the company's debt-worthiness, Jason
provided you with the following facts: 2017 2016 Current Ratio 3.1
2.1 Asset Turnover 2.8 2.2 Net Income Up 32% Down 8%
Earnings per Share $3.30 $2.50 Jason is a very insistent (some
would say pushy) man. When you told him you would need additional
information before making your decision, he acted offended and said,
"What more could you possibly want to know?" You responded you
would , at minimum, need complete, audited financial statements.
and include the following: • Explain why you would want the financial
statements to be audited. • Discuss the implications of the ratios
provided for the lending decision you are to make. That is, does the
information paint a favorable picture? Are these ratios relevant to the
decision? State why or why not. •Evaluate trends in the performance of
White Sands Bank. Identify each performance measure as favorable or
unfavorable and explain the significance of each. •List three other ratios
you would want to calculate for White Sands Bank of Taos, and in your
own words explain in detail why you would use each. • As the loan
officer, what else would you do to gain a better understanding of Paul
Jason's, and the Corporation's financial picture and why? • Based on
your analysis of White Sands Bank, will you recommend approval for
the requested loan? Provide specific details to support your decision.
Format the assignment consistent with APA guidelines. Click the
Assignment Files tab to submit your assignment.
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ACC 561 Week 3 Business Plan Develop a business plan and
financial metrics

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This paper is available on request only, contact us at
uopashinfo@gmail.com Business Plan Develop a business plan and
financial metrics Instructions: Prepare a business plan between 1,500
and 3,250 words in order to secure a loan for Tootsie Roll Inc. The loan
will increase the company’s total liabilities by 10%. The contents of the
plan should include the following: 1. Complete a financial analysis in
Excel using, in part, the financial and management information included
with the company’s website. This includes historical and projected
financial statement, a three year historical ratio analysis of the
company’s financial statement and a three year projected ratio analysis
of the company’s financial statement. provide several types of liquidity,
solvency. And profitability ratios and explain the results. In order to
support your projections, include a list of all assumptions and issues that
influenced your team’s decisions. Incorporate industry comparisons and
analysis. Include an organized list or table of all financial ratios in your
paper and calculate a variance analysis for each year. The variance
analysis indicates the net increase or decrease of a particular financial
ratio from one year as compared to the following year. Submit the final
spreadsheet with your team’s paper. Additions details and guidance
provide via the week 3 projects thread. 2. Incorporate the applicable of a
business plan identified via research. For further information review the
business plan requirements posted to the week 3 project thread. 3.
Discuss the underlying business factors and operational constraints that

are driving thr company to seek a loan. 4. Explains how the company
plans to use the proceeds from the loan. How will a new impact the
company ? Format your paper consistent with APA guidelines and
submit your paper and plagiarism review file via the assignment files
tab.
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ACC 561 Week 3 Team Assignment Financial Statement
Analysis (2 Set)
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This Tutorial contains 2 Papers of this Assignment Learning Team
members will refer back to their Week 1 Individual Assignment and
perform the calculations using the financial statements from their
individual companies. Part I Complete the following: • Perform at least
one profitability ratio to measure the income and operating success of
your selected company. • Perform at least one liquidity ratio to measure
the ability of the company to pay short-term debt and meet unexpected
needs. • Perform at least one solvency ratio to measure the ability of the
company to survive in the long-term. • Review all of the calculations of
the different companies as a team. Compare the profitability, liquidity,
and solvency ratios. • Complete a spreadsheet that presents the
profitability, liquidity, and solvency ratios comparatively for all of the

companies. • Highlight the company that has the best numbers for
each ratio. Part II Develop a 700-word evaluation of the selected
companies in which the team does the following: •Evaluate the financial
opportunity presented by the companies. If the team was going to lend
money to one of the companies reviewed, which one would it be?
Defend the team's decision. • Evaluate the investment opportunity
presented by the companies. If the team could invest $100,000 in one of
the companies, which would the team select? Provide the rationale. •
Evaluate the employment opportunity presented by the companies.
If the team members could work for any of the companies, which
company would the team select? Defend the team's decision. Format the
assignment consistent with APA guidelines. Click the Assignment Files
tab to submit your assignment.
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ACC 561 Week 3 Team Assignment Financial Statement
Analysis
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Learning Team members perform the calculations using the financial
statements from their individual companies. Part I Complete the
following: • Perform at least one profitability ratio to measure the
income and operating success of your selected company. • Perform at

least one liquidity ratio to measure the ability of the company to pay
short-term debt and meet unexpected needs. • Perform at least one
solvency ratio to measure the ability of the company to survive in the
long-term. • Review all of the calculations of the different companies as
a team. Compare the profitability, liquidity, and solvency ratios. •
Complete a spreadsheet that presents the profitability, liquidity, and
solvency ratios comparatively for all of the companies. • Highlight the
company that has the best numbers for each ratio. Part II Develop a
presentation with an evaluation of the selected companies in which the
team does the following: • Evaluate the financial opportunity presented
by the companies. If the team was going to lend money to one of the
companies reviewed, which one would it be? Defend the team's
decision. • Evaluate the investment opportunity presented by the
companies. If the team could invest $100,000 in one of the companies,
which would the team select? Provide the rationale. • Evaluate the
employment opportunity presented by the companies. If the team
members could work for any of the companies, which company would
the team select? Defend the team's decision. Format the assignment
consistent with APA guidelines. Click the Assignment Files tab to
submit your assignment
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ACC 561 Week 3 Team Assignment Tootsie Roll Industries Inc.
Loan Package

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Please read the detailed instructions for this assignment in the learning
activities for this week. You must follow all instructions for this
assignment. Please see the attached grading rubric for this assignment.
Conduct an Internet search information on how to assemble a loan
package by researching loan package requirements at The U.S. Small
Business Administration website (http://www.sba.gov/) or on other
websites, such as the SCORE website (http://www.score.org/). Research
the specific loan package requirements of creditors, such as American
Express, by reviewing their websites. Prepare a loan package of
approximately1,250 words to secure a loan for Tootsie Roll Industries
Inc. that would increase the company's total liabilities by 10%. Your
loan package should include the following: • A ratio analysis of the
financial statements for Tootsie Roll Industries Inc., including several
types of liquidity, solvency, and profitability ratios and an explanation of
each ratio • A justification of the reason the company needs this
loan; the purpose might be for expansion, inventory purchases, debt
retirement, and so on • An explanation of how the company plans
use the proceeds from the loan and of how loan approval might affect
the company Cite your sources consistent with APA guidelines. Click
the Assignment Files tab to submit your assignment.
==============================================
ACC 561 Week 3 Team Financial Statement Analysis and
Decision Making Activity

www.uopacc561.com
Week Three Learning Team Purpose of Assignment The activity
requires students to perform research and analysis on competing
companies and the potential implications of international standards. This
real-world analysis is key to understanding how a company's
profitability, liquidity, and solvency can be useful for all users. Students
also learn to analyze financial statements and use managerial tools to
make decisions from an investor's and creditor's standpoint. Assignment
Steps Resources: U.S. Securities and Exchange Commission (SEC),
websites such as Annual Reports (AnnualReports.com) Tutorial help on
Excel® and Word functions can be found on the Microsoft® Office
website. There are also additional tutorials via the web offering support
for Office products. Select two competing companies, one of which
must be an international company, and locate annual reports for these
two companies on the Internet. Research the two companies on the
Internet and download the Income Statement, Statement of Shareholders'
Equity, Balance Sheet, and Statement of Cash Flows. Develop a
minimum 525-word examination of the financial statements and include
the following: • Make a 5-year trend analysis for each company, using
2011 as the base year, of: o Net sales. o Net income. Discuss the
significance of the trend results. •Compute for 2015 and 2014 the: o
Debt to assets ratio. o Times interest earned. How would you
evaluate each company's solvency? • Compute for 2015 and 2014 the:
o Profit margin. o Asset turnover. o Return on assets. o
Return on common stockholders' equity. How would you evaluate
each company's profitability? • Evaluate the financial opportunity

presented by the companies. If you were a creditor, which company
would you be more likely to lend money to? Defend your decision. •
Which company would you recommend as an investment? Discuss
the items that were considered in your decision. • Research global
implications for the international company selected. How might
changing environmental factors affect organizational choices? •
Consider the ethical climate (internal or external) of your chosen
companies. Describe the ethical issues and impact on the stakeholders.
What has been/is being done to resolve these issues? Do you agree with
these methods for resolution? If not, what might you do differently?
Show your work in Microsoft® Word or Excel®. Complete
calculations/computations using Microsoft® Word or Excel®. Include
the four financial statements along with your assignment. Format your
tab to submit your assignment. Note: Grades are awarded based upon
individual contributions to the Learning Team assignment. Each
Learning Team member receives a grade based upon his/her
contributions to the team assignment. Not all students may receive the
same grade for the team assignment.
==============================================
ACC 561 Week 4 Assignment Production Cost (Davis Skaros,
New Syllabus)
www.uopacc561.com

Week Four Purpose of Assignment The materials covered this week
distinguish between the different costing methods and provides needed
tools for decision making. This case study focuses on determining
equivalent units in a production business setting. Assignment Steps
Resources: Generally Accepted Accounting Principles (GAAP), U.S.
Securities and Exchange Committee (SEC) Tutorial help on Excel® and
Word functions can be found on the Microsoft® Office website. There
are also additional tutorials via the web offering support for Office
products. Scenario: Davis Skaros has recently been promoted to
production manager. He has just started to receive various managerial
reports, including the production cost report you prepared. It showed his
department had 2,000 equivalent units in ending inventory. His
department has had a history of not keeping enough inventory on hand
to meet demand. He has come to you, very angry, and wants to know
why you credited him with only 2,000 units when he knows he had at
least twice that many on hand. Prepare a maximum 700-word informal
memo and explain to Mr. Skaros why his production cost report showed
only 2,000 equivalent units in ending inventory. Using a professional
tone, explain to him clearly why your report is accurate. Format the
tab to submit your assignment.
==============================================
ACC 561 Week 4 Costing Methods

www.uopacc561.com
uopashinfo@gmail.com Read the case study posted to the week four
projects thread and write a paper between 1,000 and 1,700 words
addressing the following questions: 1. What strategies did the
management of the company use? 2. Why did the company's
management think it was necessary to install an ABC system? Do you
agree with their reasoning? Explain your answer. 3. Is a job order cost
system or a process order cost system a viable option for the company.
Why or why not? Format your paper consistent with APA guidelines and
submit your paper and plagiarism review file via the assignment files
tab.
==============================================
ACC 561 Week 4 Team Assignment Cost Accounting Systems
(2 PPT)
www.uopacc561.com
This Tutorial contains 2 Presentation of this Assignment Consider the
places of employment of the team members or businesses with which the
team is familiar and the industries in which they operate. Create a 12-

slide presentation, including detailed speaker notes that act as the script
of the presentation or a voiceover, of an analysis of cost accounting
systems. Include the following in the presentation: • Describe the
purpose and elements of an effective cost accounting system. •
Differentiate the 3 types of cost accounting systems (job order, process,
and hybrid). Include detailed descriptions of each. • Determine when and
why it is appropriate to use each type of system and include an
explanation. • Recommend the best accounting system for the team
members' respective places of employment or a business where they are
interested in pursuing employment. Provide a rationale for the
recommendations. If not enough information is available for all
companies, provide suggested considerations needed to make the
determination. Format the assignment consistent with APA guidelines.
==============================================
ACC 561 Week 5 Assignment Case Study CVP, Break-even,
margin of safety (Mary Willis, New Syllabus)
www.uopacc561.com
Week Five Individual Assignment Purpose of Assignment The Case
Study focuses on CVP (Cost-Volume-Profit), break-even, and margin of
safety analyses which allows students to experience working through a

business scenario and applying these tools in managerial decision
making. Assignment Steps Resources: Generally Accepted Accounting
Principles (GAAP), U.S. Securities and Exchange Commission (SEC)
Tutorial help on Excel® and Word functions can be found on the
Microsoft® Office website. There are also additional tutorials via the
web offering support for Office products. Scenario: Mary Willis is the
advertising manager for Bargain Shoe Store. She is currently working on
a major promotional campaign. Her ideas include the installation of a
new lighting system and increased display space that will add $24,000 in
fixed costs to the $270,000 in fixed costs currently spent. In addition,
Mary is proposing a 5% price decrease ($40 to $38) will produce a 20%
increase in sales volume (20,000 to 24,000). Variable costs will remain
at $24 per pair of shoes. Management is impressed with Mary's ideas but
concerned about the effects these changes will have on the break-even
point and the margin of safety. Complete the following: • Compute
the current break-even point in units, and compare it to the break-even
point in units if Mary's ideas are used. • Compute the margin of safety
ratio for current operations and after Mary's changes are introduced
(Round to nearest full percent). • Prepare a CVP (Cost-Volume-Profit)
income statement for current operations and after Mary's changes are
introduced. Prepare a maximum 700-word informal memo to
management addressing Mary's suggested changes. • Explain whether
Mary's changes should be adopted. Why or why not? Analyze the above
information (three bullet points above) and use this information to
support your suggestion. Show your work in Microsoft® Word or
Excel®. Complete calculations/computations using Microsoft® Word or
Excel®. Format your assignment consistent with APA guidelines.
==============================================

ACC 561 Week 5 CVP and Break-Even Analysis (snapfitness)
www.uopacc561.com
Review the case study posted to the week five projects thread and write
a paper between 1,000 and 2,000 words addressing the following: Part 1:
Respond to the questions incorporated with the case study. Part 2:
Assume your team decides to invest in the business. Prepare a variable
costing income statement using monthly projections for revenue and
expenses. In order to support your findings, include a list of all
assumptions, issues, and factors directly or indirectly related to your
conclusions. Complete sections (1) and (2) from the case study a second
time using your team's projections of sales volume, variable expenses,
and fixed expenses. Format the paper consistent with APA guidelines. In
addition to the paper, include an Excel spreadsheet that supports all
numbers and calculations. Submit the paper, spreadsheet, and plagiarism
review file via the assignment files tab. Many of you will some day own
your own business. One rapidly growing opportunity is no-frills workout
centers. Such centers attract customers who want to take advantage of
state-of-the-art fitness equipment but do not need the other amenities of
full-service health clubs. One way to own your own fitness business is to
buy a franchise. Snap Fitness is a Minnesota-based business that offers
franchise opportunities. For a very low monthly fee ($27, without an
annual contract) customers can access a Snap Fitness center 24 hours a
day. The Snap Fitness website (www.snapfitness.com) indicates that
start-up costs range from $60,000 to $184,000. This initial investment

covers the following pre-opening costs: franchise fee, grand opening
marketing, leasehold improvements, utility/rent deposits, and training.
Part 1 (Sections 1 - 4): Section 1: Suppose that Snap Fitness estimates
that each location incurs $5,000 per month in general fixed operating
expenses and $1,000 to lease equipment. Mixed costs are equal to $500
per/month (fixed) plus $1 per membership sale (variable). Total variable
costs were not provided. A recent newspaper article describing no-frills
fitness centers indicated that a Snap Fitness site might require only 320
members to break even. Members pay on a monthly basis. Using the
information provided above, and your knowledge of CVP analysis,
estimate the amount of variable costs. (When performing your analysis,
assume that fixed costs include estimated monthly operating expenses,
equipment lease and the fixed part of mixed costs.) Section 2: Using the
information from part 1, section 1, what would monthly sales in
members and dollars have to be to achieve a target net income of
$15,000 for the month? Section 3: Provide several examples of variable
costs and fixed costs for a fitness center. Discuss how a fitness center's
cost structure, relevant range, margin of safety, cost behaviors, and CVP
apply to the case study. How do you plan to use this in order to manage
the business and plan for profitability? What type of internal accounting
reports would you like to review in order to help you make informed
decisions? Section 4: Go to a competitor's internet site and find
information about purchasing their franchise. Summarize the pertinent
information required to make an informed investment decision. Which
franchise do you believe is a better business opportunity? Explain your
answer. Part 2: See CVP and Break Even Analysis project instructions
for further details.
==============================================

ACC 561 Week 5 Individual Assignment Costing Methods
Paper (Exercise 19-17) (New)
www.uopacc561.com
Write a paper of no more than 350 words after completing Exercise 19-
17 in WileyPLUS in which you respond to the following questions:
In this case, would it be better to use the variable or absorption costing
method, and why?
What are the benefits of the two methods?
Which method would lead to the best decision when a competitor is
submitting a lower bid for your product?
==============================================
ACC 561 Week 5 Individual WileyPLUS Assignment Paper
Exercise 18-1 (New)
www.uopacc561.com

Resource: WileyPLUS
Access the following Week 5 Assignment in WileyPLUS:
Broadening Your Perspective 18-1
Write a paper of no more than 750 words in which you respond to the
Broadening Your Perspective 18-1 activity titled "Decision Making
Across the Organization" in Ch. 18 of Accounting.
==============================================
ACC 561 Week 5 Team Assignment Costing Methods
Presentation (2 PPT)
www.uopacc561.com
This Tutorial contains 2 Presentation of this Assignment Develop an 8-
slide presentation regarding costing methods as related to the scenario in
Exercise 19-7, which all team members completed in WileyPLUS.
Include the following: • Recommend a costing method in choosing
between variable or absorption costing. Explain the team's decision. •
Explain the benefits of each of the two methods. • Determine
which method would lead to the best decision when a competitor is

submitting a lower bid for your product. Explain your answer. •
Explain how applying costing methods can aid in better managerial
decision-making. Format your assignment consistent with APA
guidelines. Click the Assignment Files tab to submit your assignment.
==============================================
ACC 561 Week 5 Team Cost Behavior Analysis (2 PPT)
www.uopacc561.com
This Tutorial contains 2 PPT of this Assignment Week Five Learning
Team Assignment Purpose of Assignment The case study focuses on
break-even, margin of safety, and incremental analysis and allows
students to experience working through a business scenario to apply
these tools in managerial decision making. Students are required to make
decisions and provide solutions based on their evaluation of financial
data. Assignment Steps Resources: Generally Accepted Accounting
Principles (GAAP), U.S. Securities and Exchange Committee (SEC)
Tutorial help on Excel® and Word functions can be found on the
Microsoft® Office website. There are also additional tutorials via the
web offering support for Office products. Scenario: Shelley Jones has
just been elected as president of the Circular Club of Auburn, Kansas,
and she has been asked to suggest a new fundraising activity for the
club. After a considerable amount of research, Shelley proposed the

Circular Club sponsor a professional rodeo. In her presentation to the
club, Shelley recommends the fundraiser become an annual activity with
the following goals: • Continue to grow each year • Give back to the
community • Provide the club a presence in the community Shelley's
goal in the first year is to have an activity that would become an "annual
community event" and would break even the first year and raise $5,000
the following year. In addition, based on the experience of other
communities, Shelley believed a rodeo could grow in popularity so the
club would eventually earn an average of $20,000 annually. A rodeo
committee was formed. Shelley contacted the world's oldest and largest
rodeo-sanctioning agency to apply to sponsor a professional rodeo. The
sanctioning agency requires a rodeo to consist of the following five
events: Bareback Riding, Bronco Riding, Steer Wrestling, Bull Riding,
and Calf Roping, Team Roping and Women's Barrels. Prize money in
the amount of $3,000 would be paid to winners in each of the seven
events. Members of the rodeo committee contracted with RJ Cattle
Company, a livestock contractor on the rodeo circuit, to provide bucking
stock, fencing, and chutes. Realizing costs associated with the rodeo
were tremendous and ticket sales would probably not be sufficient to
cover the costs, the rodeo committee sent letters to local businesses
soliciting contributions in exchange for various sponsorships. Exhibiting
Sponsorships are $1,000 to exhibit products or services, while Major
Sponsorships are $600, and Chute Sponsorships are $500 to have the
name of the sponsor's business on one of the six bucking chutes. For a
contribution of $100, individual sponsors will be included in a Friends
of Rodeo list found in the rodeo programs. A local youth group will be
contacted to provide concessions to the public and divide the profits with
the Circular Club. The Auburn Circular Club Pro Rodeo Roundup will
be held on June 1, 2, and 3. The cost of an adult ticket is set at $8 in
advance or $10 at the gate; the cost of a ticket for a child 12 or younger

is set at $6 in advance or $8 at the gate. Tickets are not date-specific.
Rather, one ticket will admit an individual to one performance of his or
her choice-- Friday, Saturday, or Sunday. The rodeo committee is able to
secure a location through the county supervisors' board at a nominal cost
to the Circular Club. The arrangement allows for the use of the county
fair grounds and arena for a one-week period. Several months prior to
the rodeo, members of the rodeo committee were notified the bleachers
at the arena would hold 2,500 patrons. On Saturday night, paid
attendance was 1,663, but all seats were filled due to poor gate controls.
Attendance was 898 Friday and 769 on Sunday. The following revenue
and expense figures relate to the first year of the rodeo. Receipts
Contributions from sponsors $22,000 Receipts from ticket sales $28,971
Share of concession profits $1,513 Sale of programs $600 Total receipts
$53,084 Expenses Livestock contractor $26,000 Prize money $21,000
Contestant hospitality $3,341* Sponsor signs for arena $1,900 Insurance
$1,800 Ticket printing $1,050 Sanctioning fees $925 Entertainment
$859 Judging fees $750 Port-a-potties $716 Rent $600 Hay for horses
$538 Programs $500 Western hats to first 500 children $450 Hotel
rooms for stock contractor $325 Utilities $300 Sand for arena $251
Miscellaneous fixed costs $105 Total expenses $61,410 Net loss $
(8,326) *The club contracted with a local caterer to provide a tent and
food for the contestants. The cost of the food was contingent on the
number of contestants each evening. Information concerning the number
of contestants and the costs incurred are as follows: Contestants Total
Cost Friday 68 $998 Saturday 96 $1,243 Sunday 83 $1,100 $3,341 On
Wednesday after the rodeo, members of the rodeo committee met to
discuss and critique the rodeo. Jonathan Edmunds, CPA and President of
the Circular Club, commented that the club did not lose money. Rather,
Jonathan said, "The club made an investment in the rodeo." The rodeo
committee has requested an analysis of the rodeos performance and

evaluation of the CPA's review. Create a minimum 10-slide
presentation, including detailed speaker notes, as the committee's
consultation team and respond to the following: • What did Jonathan
Edmunds mean when he said the club had made an investment in the
rodeo? Is his comment consistent with Shelley's idea that the club should
have a fundraiser that would: o Continue to get better each year. o
Give back to the community. o Provide the club a presence in the
community? Why or why not? • Shelley, Jonathan, and Adrian Stein,
the Fundraising Chairperson, are beginning to make plans for next year's
rodeo. Shelley believes by negotiating with local feed stores, inn-
keepers, and other business owners, costs can be cut dramatically.
Jonathan agrees. After carefully analyzing costs, Jonathan has estimated
the fixed expenses can be pared to approximately $51,000. In addition,
Jonathan estimates variable costs are 4% of total gross receipts. After
talking with business owners who attended the rodeo, Adrian is
confident the funds solicited from sponsors will increase. Adrian is
comfortable in budgeting revenue from sponsors at $25,600. The local
youth group is unwilling to provide concessions to the audience unless
they receive all of the profits. Not having the personnel to staff the
concession booth, members of the Circular Club reluctantly agree to let
the youth group have 100% of the profits from the concessions. In
addition, members of the rodeo committee, recognizing the net income
from programs was only $100, decide not to sell rodeo programs next
year. o Compute the break-even point in dollars of ticket sales
assuming Adrian and Jonathan are correct in their assumptions. •
Shelley has just learned you are calculating the break-even point in
dollars of ticket sales. She is still convinced the Club can make a profit
using the assumptions above (second bullet point above). o Calculate
the dollars of ticket sales needed to earn a target profit of $6,000. o
Calculate the dollars of ticket sales needed to earn a target profit of

$12,000. • Are the facilities at the fairgrounds adequate to handle
crowds needed to generate ticket revenues calculated above (third bullet
point above) to earn a $6,000 profit? Show calculations to support your
answers. • A few members in the Circular Club do not want to continue
with the annual rodeo. However, Shelley is insistent the Club must
continue to conduct the rodeo as an annual fundraiser. Shelley argues
she has spent hundreds of dollars on western boots, hats, and other items
of clothing to wear to the rodeo. Are the expenses related to Shelley's
purchases of rodeo clothing relevant costs? Why or why not? •
Rather than hire the local catering company to cater the Contestant
Hospitality Tent, members of the Circular Club are considering asking
Shady's Bar-B-Q to cater the event in exchange for a $600 Major
Sponsor spot. In addition, The Fun Shop, a local party supply business,
will be asked to donate a tent to use for the event. The Fun Shop will
also be given a $600 Major Sponsor spot. Several members of the Club
are opposed to this consideration, arguing that the two Major Sponsor
spots will take away from the money to be earned through other
sponsors. Adrian Stein has explained to the members the Major Sponsor
signs for the arena cost only $48 each. In addition, there is more than
enough room to display two additional sponsor signs. What would you
encourage the Club to do concerning the Contestant Hospitality Tent?
Would your answer be different if the arena were limited in the number
of additional signs that could be displayed? What kind of cost would you
consider in this situation that would not be found on a financial
statement? • Assume you are elected chair of the rodeo committee
for next year. What steps would you suggest the committee take to make
the rodeo profitable? Show your work in Microsoft® Word or Excel®.
Complete calculations/computations using Microsoft® Word or Excel®.
Format the assignment consistent with APA guidelines.
==============================================

ACC 561 Week 6 Assignment Managerial Analysis Assessment
(Green Pasture, New Syllabus, 2 Papers)
www.uopacc561.com
This Tutorial contains 2 Papers of this Assignment Week Six Individual
Assignment Purpose of Assignment This comprehensive case requires
students to evaluate a static budget and prepare flexible budgets to meet
managerial needs. Students are required to calculate and analyze
variances and discuss how variances are critical to managerial decision
making. Assignment Steps Resources: Generally Accepted Accounting
Principles (GAAP), U.S. Securities and Exchange Committee (SEC),
Green Pastures Static Budget Income Statement Tutorial help on Excel®
and Word functions can be found on the Microsoft® Office website.
There are also additional tutorials via the web offering support for Office
products. Scenario: Green Pastures is a 400-acre farm on the outskirts of
the Kentucky Bluegrass, specializing in the boarding of broodmares and
their foals. A recent economic downturn in the thoroughbred industry
has led to a decline in breeding activities, and it has made the boarding
business extremely competitive. To meet the competition, Green
Pastures planned in 2017 to entertain clients, advertise more extensively,
and absorb expenses formerly paid by clients such as veterinary and
blacksmith fees. The budget report for 2017 is presented as an
attachment. As shown, the static income statement budget for the year is

based on an expected 21,900 boarding days at $25 per mare. The
variable expenses per mare per day were budgeted: feed $5, veterinary
fees $3, blacksmith fees $0.25, and supplies $0.55. All other budgeted
expenses were either semifixed or fixed. During the year, management
decided not to replace a worker who quit in March, but it did issue a new
advertising brochure and did more entertaining of clients. Develop a
minimum 700-word examination of the financial statements and include
the following: • Based on the static budget report: o What was the
primary cause(s) of the loss in net income? oDid management do a
good, average, or poor job of controlling expenses? o Were
management's decisions to stay competitive sound? • Prepare a
flexible budget report for the year. • Based on the flexible budget
report: o What was the primary cause(s) of the loss in net income? o
Did management do a good, average, or poor job of controlling
expenses? o Were management's decisions to stay competitive
sound? • What course of action do you recommend for the
management of Green Pastures?
==============================================
ACC 561 Week 6 Budgets and Decisions making
www.uopacc561.com

uopashinfo@gmail.com Budgets and Decisions making Instructions:
The purpose of this assignment is to evaluate a static budget and prepare
and evaluate a flexible budget. You are required to calculate and analyze
variances and discuss how variances are critical to managerial decision
making. Resources: Excel File. Tutorial help on Excel® can be found on
the Microsoft® Office website. There are also additional tutorials via the
internet. Instructions: 1. Download the Excel file posted to the week 6
projects thread. 2. Review the static budget. 3. Prepare a flexible budget.
4. Complete the questions tab via answering the questions incorporated
therein. Submit the completed Excel file to the assignments tab.
==============================================

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