Corporate Accounting Week 3 Individual work - Ratios compare financial data among companies or within a single company. They reflect accounting transactions and conditions of a company. To further explore ratios and their effect on transactions and finances‚ please complete the following. - Exercise 3-6 “Normal Account Balances” on pg. 133 - Exercise 3-14 “Journal Entries” on pg 135 - Exercise 3-2 “Transaction Analysis and Financial Statements” on pg 137. Exercise 3-6‚ pg 133 1. Cash - Debit
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E3-18 (Page 152) Determine the following 2011 balance sheet items: 1. Current assets 2. Shareholders’ equity 3. Non-current assets 4. Long-term liabilities Solution 3-18 1. Acid-test ratio = Quick assets ÷ Current liabilities =1.20 Quick assets = Current assets - Inventories Quick assets = Current assets - $840‚000 Current assets ÷ Current liabilities =2.25 Current assets - $840‚000 ÷ Current liabilities =1.20 $840‚000 ÷ Current liabilities = 1.05 Current liabilities = $800
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Days in inventory.(3) Average collection period. (6) Current cash debt coverage.(b) Compute the following solvency ratios for the two companies and comment on the relative solvency of the two competitors.(1) Debt to total assets ratio.(2) Times interest earned.(3) Cash debt coverage ratio.(4) Free cash flow.(c) Compute the following profitability ratios for the two companies and comment on the relative profitability of the two competitors.(1) Profit margin.(2) Asset turnover.(3) Return on assets.(4)
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Reflective response of the progression module The progression module is a course which I would recommend for anyone. It has a numerous amount of benefits‚ one of the main benefits is it allows you to explore a broad range of courses at a variety of university. I feel the progression module has prepared me for university as I have discovered many courses that interest me. The progression module has also helped me understand other vital things that need to be considered when going university‚ such
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(Module Six: Text Questions) (Review Questions) 1.What is a family? What is family composition? Family is a group of people who are tied together by blood co-residence or affection or as consisting of parents and children.Familt composition refers to the makeup of a family including the number of members‚ their agges and relationship to each other. 2.What is cultural bias? What is an example of this? Cultural bias is the interpretation or judgement of practice by the standards
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Autism Internet Module: Assessment for Identification Drexel University: EDUC 551 The module for assessment for identification and intervention for children with autism incorporated a great deal of information on how to evaluate and identify students with ASD. When taking the post-assessment‚ I missed one question about why children with autism tend to be diagnosed earlier than students with Asperger’s. Even though this was the only question I had incorrect I was still unsure
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Observation/Witness Statement Professional Discussion/Oral Questioning Record Training Adviser Name: Annie Edwards Learner Name: Gonzalo Cabezas Talavero Witness Name and relationship to learner: Setting: Date: 09/12/14 Unit Outcomes & Evidence Unit 501 (SHC51) Outcome 1.1: How do you review the range of individuals and groups in your workplace whose communication needs must be addressed? I would carry out a supervision process. It could be prepared for a single individual or could be address to
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Managerial Accounting b. Financial accounting c. Managerial Accounting d. Financial accounting e. Managerial Accounting f. Financial Accounting g. Financial accounting h. Managerial accounting i. Financial Accounting j. Managerial accounting 10-3 Classifying Costs: Product or G‚ S‚ & A/ Asset or Expense a. Production supplies- Product cost‚ asset b. Depreciation on Administrative Building- G‚ S‚ & A‚ expense c. Depreciation on manufacturing equipment – Product cost‚ expense d
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A Study On Corporate Finance September 6‚ 2010 Report on Financial Analysis on ACC Submitted By Ankit Bhatia: 05 Pallavi Gupta: 26 Divya Sahijwani: 38 Sahil Vijay: 82 Surbhi Sharma: 75 Submitted to: Mr. Ashish Garg LBSIM New Delhi Lal Bahadur Shastri Institute of Management To September 6‚ 2010 Mr. Ashish Garg LBSIM From: Group 1 PGDM-F
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CHAPTER 1: EXERCISE 1-5 Asset Cash Equipment Supplies Accounts receivable Liability Accounts payable Notes payable Salaries and wages payable Stockholders’ Equity Common stock EXERCISE 1-6 1. 2. 3. 4. 5. 6. 7. 8. 9. Increase in assets and increase in stockholders’ equity. Decrease in assets and decrease in stockholders’ equity. Increase in assets and increase in liabilities. Increase in assets and increase in stockholders’ equity. Decrease in assets and decrease in stockholders’
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