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ACC 561 Assignment Week 1 Financial Statements (May 2019) (Two
Rivers Inc)
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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. Two-Rivers Inc. (TRI) manufactures a variety of consumer
products. The company's founders have run the company for thirty
years and are now interested in retiring. Consequently, they are
seeking a purchaser, and a group of investors is looking into the
acquisition of TRI. To evaluate its financial stability, TRI was requested
to provide its latest financial statements and selected financial ratios.
Summary information provided by TRI is presented below. Required:
a. Calculate the select financial ratios for the fiscal year Year 2. (use
MS word or excel but excel is more recommended) b. Interpret what
each of these financial ratios means in terms of TRI's financial stability
and operating efficiency.
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ACC 561 Discussion Costing Systems

Product costing systems are methods used to manage inventories.
Accounting systems primarily engage one of three costing systems at
a time: job order costing, process-based costing, or activity-based
costing. Respond to the following in a minimum of 150 words: •
Briefly explain each of the three costing systems in accounting. •
Discuss the situations in which each system would be best
employed by a business.
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ACC 561 Discussion CVP Analysis
Cost-volume-profit analysis, or CVP, is something companies use to
figure out how changes in costs and volume affect their operating
expenses and net income. In other words, CVP is a methodical
analysis of the dynamic inter-relationship between selling prices, sales
and production volume, cost expenses, and profits. Respond to the
following in a minimum of 150 words: • Explain each of the three
elements of CVP analysis. • Discuss how managers use CVP
analysis.
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ACC 561 Discussion Organizational Budgets

Shrewdly designed budgets assist businesses leaders with awareness
of expenditures and managing resources. Businesses use a variety of
budgets to measure their spending and develop effective strategies
for maximizing their assets and revenues. Many types of
organizational budgets exist and each have different purposes,
strengths, and weaknesses. Respond to the following in a minimum of
150 words: • Briefly discuss four types of organizational budgets.
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ACC 561 Entire Course (Excluding Final Guide)
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)
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%)
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…………………………………………………………….2,000 $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)
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)
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)
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 (Walt
Disney)

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

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ACC 561 Week 2 Assignment Accounting Methods (Bizcon, 2 Papers)
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 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:
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
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)
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)
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)

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. Develop a minimum 700-word
examination of the 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

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)

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
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ACC 561 Week 3 Team Assignment Financial Statement Analysis
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
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
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ACC 561 Week 3 Team Financial Statement Analysis and Decision
Making Activity

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 assignment consistent with APA guidelines.
Click the Assignment Files 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.
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ACC 561 Week 4 Assignment Production Cost (Davis Skaros, New
Syllabus)
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 assignment consistent
with APA guidelines. Click the Assignment Files tab to submit your
assignment.
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ACC 561 Week 4 Costing Methods

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.
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ACC 561 Week 4 Team Assignment Cost Accounting Systems (2 PPT)
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. Click the Assignment Files tab to submit your
assignment.
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ACC 561 Week 4 WileyPLUS Assignment Paper Exercise 17-2 (New)
Accessthe following Week 4 reading, linked to this assignment:
Broadening Your Perspective 17-2 Complete the Broadening Your
Perspective 17-2 activity titled "Managerial Perspective" in Ch. 17
of Accounting. You need to answer all four parts and show the details
for your answers for parts a, b, and c. Part D is a written response and
should be approximately 100 to 150 words long. Writea paper of no
more than 750 words in which you respond to the Broadening Your
Perspective 17-2 activity titled "Managerial Perspective" in Ch. 17
ofAccounting. Click the Assignment Files tab to submit your
assignment.
---------------------------------------------------------------------------------------
ACC 561 Week 5 Assignment Case Study CVP, Break-even, margin of
safety (Mary Willis, New Syllabus)
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.
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ACC 561 Week 5 CVP and Break Even Analysis
uopashinfo@gmail.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.
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ACC 561 Week 5 Individual Assignment Costing Methods Paper
(Exercise 19-17) (2 Papers)
This Tutorial contains 2 different Papers 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? Click the Assignment Files tab to submit your
assignment.
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ACC 561 Week 5 Individual/TeamWileyPLUS Assignment Paper
Exercise 18-1
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. Click the Assignment Files
tab to submit your assignment.
-----------------------------------------------------------------------------------------------

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