Amp 415 Education Redefined - snaptutorial.com

AMP 415 Module 1 Assignment
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Using Excel, prepare a classified balance sheet and multistep income
statement using the Adjusted Trial Balance for ABC Corporation as of
and for the year ended December 31, 2010.
You are not required to submit this assignment to Turnitin.
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AMP 415 Module 1 Discussion 1

Identify one account that would typically be found on a balance sheet,
and one account that would typically be found on an income statement,
and define them. Cite any references used, and do not identify accounts
that have already been chosen by any of your classmates. Participate in
follow-up discussion by reviewing your classmates’ posts and adding to
their definitions of terms, or by responding to follow-up questions posed
by your instructor.
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Choose one of the assumptions, principles, constraints, primary
characteristics, secondary characteristics, or elements of accounting as
found in the conceptual framework of accounting. Explain the concept in
your own words and describe a business situation in which the concept
could be applied. Do not choose a concept previously chosen by one of
your classmates.
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AMP 415 Module 2 Assignment Problem 15-18
Complete “Problem 15-18 Common Size Statements and Financial
Ratios for a Loan Application” in chapter 15 of Managerial Accounting
and present your responses in an Excel spreadsheet.
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What information might you use, besides the financial statements of an
organization, when analyzing its financial health? Be specific, and
identify the usefulness of the information that you identify.
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In performing a horizontal analysis on a company’s income statement,
you notice that sales have decreased by 4%, but the gross profit has
increased by 10%. What are some factors that could cause this to
happen?
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This is a CLC assignment.
With your CLC, select a publicly traded company to analyze. You must
clear the company with your instructor, as no two groups may examine
the same company.
Analyze the strengths and weaknesses of the company using ratio
analysis, and present your findings in a paper of 1,500–2,000 words.
Include all calculations used in an appendix to the paper.
Prepare this assignment according to the APA guidelines found in the
APA Style Guide, located in the Student Success Center. An abstract is
not required.
You are required to submit this assignment to Turnitin.
Please refer to the directions in the Student Success Center.
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What are the benefits of ratio analysis? What are the limitations of ratio
analysis? What can be done to minimize the limitations on ratio
analysis? Explain.
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You have computed all of the liquidity ratios for a company, and each of
them appears to be close to or better than the industry averages. What
other information would you want before you made a final assessment of
the company’s short-term debt paying ability?
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AMP 415 Module 4 Assignment 1
For this assignment, you will interview an accountant to learn more
about the field and how financial statements and information are utilized
to make important managerial decisions.
Refer to “Informed Consent Letter.” You should present the Informed
Consent Letter to the person you intend to interview.
Potential Interviewees: CPAs in public practice, commercial loan
officers at financial institutions, comptrollers or chief accountants at
local firms, financial planners, investment advisors, or small-business
owners.
Once you have identified a candidate, contact the person to set up an
appointment. You may conduct your interview in person or via phone.
Prepare a list of at least 5-7 questions for your interview. Your questions
should focus on the usefulness and limitations of using financial
statements such as the balance sheet, income statement, and statement of
cash flows, to analyze a firm. Remember that professionals have many
commitments so try to schedule your interview well in advance of the
assignment’s due date.

After you complete the interview, write a reflection (750-1,000-words)
on what you learned in the interview. Address the following in your
response:
What are the most valuable things you learned about utilizing financial
statements to analyze a firm?
What, if any, are the significant limitations of using financial statements
for analysis?
What other information is important for making managerial accounting
decisions?
What did you learn about the field of managerial accounting that might
help you to excel in your profession?
Provide an interview summary at the end of your reflection that includes
the following information:
The name of the person you interviewed and the number of years he/she
has been in the accounting field.
The name of the company at which he/she is currently employed.
How long the person has been employed at the current company.
Date of the interview and whether it took place in person or via phone.
Contact information for the person your interviewed.
The list of your interview questions.
APA format is not required, but solid academic writing is expected.

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Complete “Problem 14-10 Prepare a Statement of Cash Flows; Free
Cash Flow” in chapter 14 of Managerial Accounting. Present your
responses in an Excel spreadsheet.
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What are the differences between the indirect and direct methods of
preparing the statement of cash flows? Do you agree with the FASB that
the direct method is preferred? Why, or why not?
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AMP 415 Module 4 Discussion 2 (Apple)
AMP 415 Module 4 Discussion 2 Cash Flow Ratios
Choose a publicly traded company and calculate its cash flow ratios as
presented in this week’s lecture. Demonstrate your calculations in your
post, and explain what the cash flow ratios indicate about the company.
Do not choose a company previously chosen by one of your classmates.
Participate in follow-up discussion by choosing one of your classmates’
posts and expanding upon what they have said that the cash flow ratios
indicate.

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Your company, Diamond Dynamics, is researching whether or not it
would be a good decision to invest in new manufacturing equipment that
will significantly speed up production time on the assembly line.
However, the total cost of the equipment and installation, not including
any maintenance plan, is a hefty investment of roughly $850,000. In a
500-word description, Explain how a CVP analysis would be useful for
determining whether or not the investment is worth it. Also, explain the
limitations of a CVP analysis in this situation and for making managerial
decisions in general.
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Complete “Problem 6-21 Segment Reporting and Decision Making” in
chapter 6 of Managerial Accounting and present your responses in an
Excel spreadsheet.
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Distinguish between a variable cost, a fixed cost, and a mixed cost.
Identify a publicly traded, well-known company, and identify what you
envision would be a variable cost, a fixed cost, and a mixed cost for this
company. Do not choose a company that one of your classmates has
already chosen. Participate in follow-up discussion through responding
to one of your classmates’ posts, adding to the variable, fixed, and mixed
costs that might exist for the company presented.

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What is meant by a product’s contribution margin ratio? How is this
ratio useful in planning business operations?
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Voice App is a midsize software company that specializes in voice
recognition software. Due to rising costs of maintaining IT technical
support, your director is considering outsourcing¬ your technical
support services. Currently, your technical support service desk is
staffed by 30 full-time and 15 part-time employees. Your director has
asked you to prepare a recommendation report that includes the
advantages and disadvantages of outsourcing and a cost/benefit analysis
to determine if outsourcing will actually result in any significant savings
for the company.
For this assignment, prepare your preliminary list of the advantages and
disadvantages of outsourcing for your company, including both long-
and short-term consequences. Rank the advantages and disadvantages in
descending order of importance. Then, in a 500-word paper, explain the
research process you will undertake to complete your recommendation.
Include all costs you must calculate and other data you must collect in
order to make the most informed decision possible.
This assignment uses a rubric. Please review the rubric prior to
beginning the assignment to become familiar with the expectations for
successful completion.
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Complete “P14-48” on pages 624-625 of Managerial Accounting:
Creating Value in a Dynamic Business Environment and present your
You are not required to submit this assignment to Turnitin, unless
otherwise directed by your instructor. If so directed, refer to the Student
Success Center for directions. Only Word documents can be submitted
to Turnitin.
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What other ways, besides relevant costs, could be used to analyze a
make-or-buy decision?

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How is relevant costing used in decision making? What would the
relevant costs be in deciding whether to discontinue a segment of
business? What would the relevant costs be in deciding how to optimize
use of a constrained resource?
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Complete “Problem 8-21 Schedule of Expected Cash Collections; Cash
Budget” in chapter 8 of Managerial Accounting and present your
This assignment uses a grading checklist. Instructors will be using the
grading checklist to grade the assignment; therefore, students should
review the grading checklist prior to beginning the assignment to
become familiar with the assignment criteria and expectations for
successful completion of the assignment.
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What is a static budget? What is a flexible budget? Which is more
useful, and why?

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Consider your current position, or consider a job that you might like to
have in the future. Describe how budgeting might impact you in that
role.
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This is a CLC assignment.
Within your CLC, choose a publicly traded company and identify one of
its products that the group will analyze. Describe the strategic
implications that would need to be considered in setting a price for that
product, and determine whether the group would use a market-based
pricing approach or a cost-based pricing approach to setting the product
price. Explain the rationale behind choosing the pricing approach.
Identify the costs that the group thinks would be considered in setting
the product price, and come up with a sample cost structure for the
product (make it as realistic as possible). Calculate a price for the
product, and defend your product price and related cost structure.
Present your responses in a paper of 1,000-1,500 words.
Prepare this assignment according to the APA guidelines found in the
APA Style Guide, located in the Student Success Center. An abstract is
not required.
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What is the difference between a value-added and a non-value-added
cost? Give an example of each. Participate in follow-up discussions by
reviewing your classmates’ posts and expanding upon what they have
written regarding value-added and non-value-added costs.
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What is the product life cycle? How does it impact pricing decisions?
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