ACC 561 GENIUS Remember Education--acc561genius.com

ACC 561 Assignment Week 1 Financial Statements (May 2019)
(Two Rivers Inc)
FOR MORE CLASSES VISIT
www.acc561genius.com
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.
==============================================
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.
==============================================
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.

==============================================
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.
==============================================
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
==============================================
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
==============================================
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
==============================================
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.
===========================================
===
ACC 561 Week 1 Individual Assignment Financial Statements (2
Papers) (New Syllabus)
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.
==============================================
ACC 561 Week 1 Individual Assignment Financial Statements
(Boeing)

(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.
==============================================
ACC 561 Week 1 Individual Assignment Financial Statements
(Walt Disney)

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.
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

===========================================
===
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
(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.
==============================================
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.
==============================================
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.
==============================================
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.
===========================================
===
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
web offering support for Office products. Scenario: You are a loan
officer for White Sands Bank of Taos. Paul Jason, president of P. Jason
Corporation, has just left your office. He is interested in an 8-year loan
to expand the company's operations. The borrowed funds would be
used to purchase new equipment. As evidence of the company's debt-
worthiness, Jason provided you with the following facts: 2017 2016
Current Ratio 3.1 2.1 Asset Turnover 2.8 2.2 Net Income Up 32% Down
8% Earnings per Share $3.30 $2.50 Jason is a very insistent (some would
say pushy) man. When you told him you would need additional
information before making your decision, he acted offended and said,
"What more could you possibly want to know?" You responded you
would , at minimum, need complete, audited financial statements.
and include the following: • Explain why you would want the financial
statements to be audited. • Discuss the implications of the ratios
provided for the lending decision you are to make. That is, does the

information paint a favorable picture? Are these ratios relevant to the
decision? State why or why not. • Evaluate trends in the performance of
White Sands Bank. Identify each performance measure as favorable or
unfavorable and explain the significance of each. • List three other
ratios you would want to calculate for White Sands Bank of Taos, and in
your own words explain in detail why you would use each. • As the loan
officer, what else would you do to gain a better understanding of Paul
Jason's, and the Corporation's financial picture and why? • Based on
your analysis of White Sands Bank, will you recommend approval for the
requested loan? Provide specific details to support your decision.
Format the assignment consistent with APA guidelines. Click the
Assignment Files tab to submit your assignment.
==============================================
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.
===========================================
===
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 guidelines. Click the Assignment Files tab to submit
your assignment.
==============================================
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
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
==============================================
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.
===========================================
===
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.
==============================================
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
web offering support for Office products. Scenario: Mary Willis is the
advertising manager for Bargain Shoe Store. She is currently working on
a major promotional campaign. Her ideas include the installation of a
new lighting system and increased display space that will add $24,000
in fixed costs to the $270,000 in fixed costs currently spent. In addition,
Mary is proposing a 5% price decrease ($40 to $38) will produce a 20%
increase in sales volume (20,000 to 24,000). Variable costs will remain
at $24 per pair of shoes. Management is impressed with Mary's ideas
but concerned about the effects these changes will have on the break-
even point and the margin of safety. Complete the following: • Compute
the current break-even point in units, and compare it to the break-even
point in units if Mary's ideas are used. • Compute the margin of safety
ratio for current operations and after Mary's changes are introduced

(Round to nearest full percent). • Prepare a CVP (Cost-Volume-Profit)
income statement for current operations and after Mary's changes are
introduced. Prepare a maximum 700-word informal memo to
management addressing Mary's suggested changes. • Explain whether
Mary's changes should be adopted. Why or why not? Analyze the above
information (three bullet points above) and use this information to
support your suggestion. Show your work in Microsoft® Word or Excel®.
Complete calculations/computations using Microsoft® Word or Excel®.
Format your assignment consistent with APA guidelines.
==============================================
ACC 561 Week 5 CVP and Break Even Analysis

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?
==============================================

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 GENIUS Remember Education--acc561genius.com

More Related Content

What's hot

Similar to ACC 561 GENIUS Remember Education--acc561genius.com

Recently uploaded

ACC 561 GENIUS Remember Education--acc561genius.com