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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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(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
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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(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
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
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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
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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
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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 consistent with APA guidelines. Click the Assignment
Files tab to submit your assignment.
==============================================

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
==============================================
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 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
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.
==============================================
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.
==============================================
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
=========================================
=====
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.
==============================================
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
Commission (SEC) Tutorial help on Excel® and Word functions can be
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
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.
=========================================
=====
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.
==============================================
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.
==============================================
ACC 561 Week 5 Team Assignment Costing Methods
Presentation (2 PPT)

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)
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
Committee (SEC) Tutorial help on Excel® and Word functions can be
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)
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? o Did 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

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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