1 Financial and Managerial Accounting Assignment 1 Financial Statement Analysis Learning Objectives for Course 1. Acquire a comprehensive understanding of the principles used to prepare and present financial statements. 2. Relevant application of knowledge to read and understand financial statements and to observe the effects of routine business transactions on them. 3. Develop quantitative skills necessary to read, interpret and perform the calculations for the accounting reports involved in cost control and profit planning. 4. Evaluate and identify financial strengths and weaknesses of a business through appropriate conceptual analysis. 5. Analyse information and knowledge effectively in order to develop meaning to solve complex problems and make decisions ; Guidelines for assignment  This is an individual assignment  Ground your answer in relevant theory  Plagiarism and reproduction of someone else’s work as your own will be penalized  Make use of references, where appropriate – Use Harvard or APA referencing method.  Late submission are not accepted  Structural elements should include an introduction, main body, and a conclusion  Word count guidance : part 1 – N/A. Business report wordage should be 2000 +/10%  Type of assignment: Excel Assessed Work Folder and Business Report  Learning Outcome Assessed: 1,2,3,4  Submit one single document and not lots of different files. 2 Part 1 – Financial Analysis The condensed financial statements of Soule Company for the years 2013 and 2014 are presented below. Soule Company Balance Sheets December 31 2014 2013 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Property, plant, and equipment Investments Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity—common Total liabilities and stockholders' equity £ 330 £ 360 470 433 430 390 120 160 1,350 1,343 420 380 10 10 530 510 £2,310 £2,243 £ 900 £ 810 390 393 1,020 1,040 £2,310 £2,243 3 Soule Company Income Statements For the Years Ended December 31 2014 2013 Sales revenue Costs and expenses Cost of goods sold Selling and administrative expenses Interest expense Total costs and expenses Income before income taxes Income tax expense Net income Compute the following ratios for 2014 and 2013. (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/12 was £326.) (c) Profit margin ratio. (d) Return on assets. (Assets on 12/31/12 were £2,100.) (e) Return on common stockholders' equity. (Stockholders' equity on 12/31/12 was £960.) (f) Debt to total assets ratio. (g) Times inte ...

1. 1
Financial and Managerial Accounting
Assignment 1
Financial Statement Analysis
Learning Objectives for Course
1. Acquire a comprehensive understanding of the principles
used to prepare and
present financial statements.
2. Relevant application of knowledge to read and understand
financial statements
and to observe the effects of routine business transactions on
them.
3. Develop quantitative skills necessary to read, interpret and
perform the
calculations for the accounting reports involved in cost control
and profit
planning.
4. Evaluate and identify financial strengths and weaknesses of a
business through
appropriate conceptual analysis.

2. 5. Analyse information and knowledge effectively in order to
develop meaning to
solve complex problems and make decisions ;
Guidelines for assignment
own will be
penalized
Make use of references, where appropriate – Use Harvard or
APA referencing
method.
body, and a conclusion
– N/A. Business report wordage
should be 2000
+/10%
Business Report
2

3. Part 1 – Financial Analysis
The condensed financial statements of Soule Company for the
years 2013 and 2014
are presented below.
Soule Company
Balance Sheets
December 31
2014 2013
Current assets
Cash and cash equivalents
Accounts receivable (net)
Inventory
Prepaid expenses
Total current assets
Property, plant, and equipment
Investments
Intangibles and other assets
Total assets

4. Current liabilities
Long-term liabilities
Stockholders' equity—common
Total liabilities and stockholders' equity
£ 330 £ 360
470 433
430 390
120 160
1,350 1,343
420 380
10 10
530 510
£2,310 £2,243
£ 900 £ 810
390 393
1,020 1,040

5. £2,310 £2,243
3
Soule Company
Income Statements
For the Years Ended December 31
2014 2013
Sales revenue
Costs and expenses
Cost of goods sold
Selling and administrative expenses
Interest expense
Total costs and expenses
Income before income taxes
Income tax expense
Net income

6. Compute the following ratios for 2014 and 2013.
(a) Current ratio.
(b) Inventory turnover. (Inventory on 12/31/12 was £326.)
(c) Profit margin ratio.
(d) Return on assets. (Assets on 12/31/12 were £2,100.)
(e) Return on common stockholders' equity. (Stockholders'
equity on 12/31/12 was
£960.)
(f) Debt to total assets ratio.
(g) Times interest earned.
Critically evaluate your ratio calculations and conclude on the
current state of the
company.
Word count 500 (+/- 10%)
£4,000
£3,600
984 895
2,400 2,330
10 20

7. 3,394 3,245
606 355
242 142
£ 364 £ 213
4
Part 2 – Performance Evaluation
Evaluate the financial performance of a company of your
choosing using the knowledge
and technical skills that you have gained during the course so
far. Provide a theoretical
explanation of any ratio analysis. No need to recalculate ratios,
often the financial
reports provides these.
Attach the company financial statements as an appendix to your
statement as reference
to your work.
Present your findings in a Management Business Report
wordage should be 1500
+/10%.

8. PSY 101:
Psychology of Personal Development
10/28/14 Agenda
Formal definitions of health and well-being
SRJ: Exploring health and physical well-being
In focus: exercise, sleep, diet
In-class activity: Strategies to overcome obstacles to healthier
living
Formal definitions of health
From a medical dictionary:
1. The state of the organism when it functions optimally without
evidence of disease or abnormality.
2. A state of dynamic balance in which an individual's
…capacity to cope with all the circumstances of living is at an
optimal level.
3. A state characterized by anatomic, physiologic, and
psychological integrity, ability to perform personally valued
family, work, and community roles; ability to deal with
physical, biologic, psychological, and social stress; a feeling of
well-being, and freedom from the risk of disease and untimely
death.
http://www.medilexicon.com/medicaldictionary.php?t=39448

9. "Health is a state of complete physical, mental and social well-
being and not merely the absence of disease or infirmity.”
World Health Organization, 1948
SRJ: Defining health and physical well-being for ourselves
(assignment preview)
How would you define health and physical well-being?
Is your view of health any different now than it was 5 years
ago? If yes, how has it changed and why?
Given your definition of health and physical well-being, how
healthy to do you think you are today on a 1-10 scale, with 1
being not at al and 10 being very healthy.
Think about your current health related activities. If nothing
changed in your activities, how healthy would you be 5 years
from now? 10 years?
Sharing personal definitions of health:
How would we “map” our pathway to health?

10. The benefits of exercise are…
Boosts mood (as effective as medication for mild to moderate
depression)
Improves sleep quality
Increases energy levels
Reduces risk for many diseases, including CVD, cancer,
dementias
Helps individuals manage stress
Increases self-esteem
May help to maintain a healthy weight
Boosts alertness
Which excuse(s) to not exercise have you used?
Any other excuses you have used?
I have no clue where to begin.
I get bored.

11. I am not a gym person.
I’m too busy.
I hate exercising.
I can’t spend money on gyms and equipment.
“I have no clue where to begin.”
Nothing wrong with going for a walk!
Don’t be afraid to start small. Anything is better than nothing.
Build your fitness level over time.
Think about exercise you’ve tried in the past that was fun
and/or manageable and try starting there.
If going to a gym, write down a plan or list of ideas before you
walk through the door. It will help prevent feeling overwhelmed
or lost.
Be creative: tight rope walking, tango, and pushing a stroller up
a hill in Pac Heights all count!

12. “I have no clue where to begin.”
Try Tabata/high intensity interval training (HIIT)
There are many free apps to help you structure a simple,
effective workout
Look for apps with “tabata”
or “HIIT” “interval” or “circuit”
in the title
Tabata Trainer
“I get bored.”
Add an element of balancing or concentration to each exercise
you do
Pick exercises that require coordination, like bouncing a
weighted ball against the wall or balancing on an inflated
exercise ball
“I get bored.”
Pick a great audiobook or podcast to listen to, and only listen to
it while exercising.

13. Skip the treadmill and find an activity you actually love.
Hike a beautiful trail or take a walk on the beach
Learn a new active hobby with a friend (e.g., tennis)
Find a gym that offers a variety of classes (e.g., kickboxing,
yoga)
“I get bored.”
Make your exercise into a game or competition.
Apps like “Zombies, Run!” add fun and motivation
“I am not a gym person.”
That’s fine. There are lots of other ways to exercise!
Gyms are more than treadmills and body builders.
If treadmills and weights aren’t your thing, try taking a class!
Look for a gym with open space so you can do your own
routine.
Take a dance class! Walk a dog, or play with your niece or
nephew at the park. Take a scenic hike with friends over the
weekend – or walk over the GG Bridge!

14. “I’m too busy.”
Interval training can provide great workout in under 30 minutes
Exercise in the morning so you have no excuse to skip it later in
the day.
Try waking up just 20-30 minutes earlier twice a week.
Sleep in your workout clothes so you’re ready to go.
Exercising will help you function better and more productively
in other areas of your life.
Try jumping jacks, crunches, or push ups during 5 minute
breaks in your schedule.
“I don’t want to spend money on gym membership or
equipment.”
Hundreds of exercises you can do without equipment.
Use household items: stairs, walls, bunji cord, chairs, gallons of
water, heavy textbooks
We are surrounded by beautiful trails, steep hills, and tall
buildings with lots of stairs. Use them!
“I just hate exercising.”
Join a sport or learn a new hobby that is active

15. Use an app to track your fitness and progress
Make a bet or competition with a friend
Set small, specific goals and feel the satisfaction of meeting
them
Plan active dates with friends or significant others
Think about how healthy you will be in 5, 10, 20 years if you
don’t start changing your lifestyle TODAY
Use your knowledge about mindsets to help change this fixed
mindset into a growth mindset
Ergonomics and Sitting
Concern of society today is bad posture and too much sitting
Not following ergonomic principles can lead to illnesses,
discomfort, and musculoskeletal disorders
SLEEP
THIS
NOT THIS
What is the optimal amount of sleep for the average adult?

16. The benefits of high quality sleep are…
Accelerates learning by helping synthesis of new material;
especially aids memory and attention
Boosts mood the following day
Supports immune function
Allows bodily systems time to rest and repair
Reduces risk of disease (because of reduction in inflammation
levels)
Helps maintain a healthy weight
Reduces likelihood of accidents
Improves performance requiring energy (e.g., athletics)
Optimal amount of sleep for most adults: 7-8 hours
Tips for better sleep
Put electronics away before bed
If you must use electronics, use an app like Lux to adjust the
brightness on your devices
Make sleep a priority, aim for consistent bed and wake times
Alcohol consumption interrupts sleep cycles and makes for a
much less restful night
Use earplugs + white noise apps if you have a noisy roommate
or neighbors
Use relaxation music or guided meditations before bed to help
you fall asleep

17. Benefits of a healthy diet
5 servings of veggies/day associated with reduced risk for
cancer (likely because of antioxidant effect) especially
important to avoid risk for colon cancer
Healthy diets rich in antioxidants, omega 3 fatty acids, and
other nutrients reduce risk for other diseases (e.g. CVD,
diabetes)
Helps maintain healthy weight, increase energy levels and
improves mood (psychological impact)
In-class activity: Group Discussion
We spent a lot of time discussing strategies for improving your
exercise habits. Now it’s time to do the same for sleep and food.
In your group, discuss the following questions and be prepared
to share your discussion results with the rest of the class.
What are the biggest obstacles that prevent you from getting
enough sleep? From eating a balanced meal?
Which of those obstacles do you feel are out of your control?
Which obstacles are in your control?
What strategies have you found effective for improving sleep?
For eating better?