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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
responses in an Excel spreadsheet.
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 responses in an Excel spreadsheet.
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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