Week Five Reflection Summary ACC/290 Principles of Accounting Date Teacher Week Five Reflection Summary Team B In recent years there have been many highly publicized financial accounting scandals. Enron‚ WorldCom‚ and AIG are a few of the well- known corporate companies that have been involved in financial reporting scandals. United Sates regulators and lawmakers made known their concerns of mistrust in corporate accounting‚ because of unethical financial reporting. In 2002 Congress
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Week 3 Discussion Questions What type of compensation component would you like to have through your employer that is not currently offered? Explain your rationale. Is your request consistent with your employer’s organizational goals? A compensation component is not a benefit‚ but may refer to how compensation is calculated‚ as in the case of those paid on commission. I believe you are asking for a new benefit. Like 401K‚ profit sharing‚ or health benefits. Commuting reimbursement or funding. This
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Week Two Discussion Questions • What are the different types of plans that organizations can use? What types of plans does your organization use‚ and why do they use these plans? There are different types of plans for an organization like examples‚ a financial plan‚ a production plan‚ a sales plan and etc. My organization uses very similar plans like the ones I mentioned because in order to have a success business one must plan ahead and have a future view of the organization. •
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Week 6 - DQ 1 Do social inequities (for example‚ certain individuals preferred over others for jobs‚ housing financing‚ and so on) based on race still occur? If so‚ what are some examples that you have seen? I have not seen social inequities based on race‚ but I have heard about it still going on. I have heard that the African Americans get more food stamps than white people. I do not know if it is true or not. I know many black people that do not want any financial help‚ and I know plenty
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Assessed Discussion Question: Financial Statements • In what ways do the elements of the four financial statements interact with one another? How might changing one of the financial statements affect the other financial statements? Why is it essential to understand the relationship between the financial statements? The financial statements of an entity consist of: - Statement of Financial position - Statement of comprehensive income - Statement of changes in equity; and - Statement of
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Week 5 – Assignment Ilba Rodriguez ACC 205: Principles of Accounting I Prof. Theresa Murray November 16‚ 2014 Problem 1 – Liquidity ratios. A. Edison Stagg Thornton Current ratio 3.56 3.69 3.83 Quick ratio 3.06 2.78 2.5 Current ratio calculations: Edison ($6‚000 (cash) + $3‚000 (short-term investments) + $2‚000 (AR) + $1‚000 (inventory) + $800 (prepaid expenses)) / ($200 (AP) + $3‚100 (notes payable) + $300 (accrued payables)) = 3.56 Stagg ($5‚000 (cash) + $2‚500 (short-term investments) + $2‚500
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ECO 561 Week 5 Quiz ------------------------------------------------- ** Important ** … ECO 561 Week 5 “FREE” Quiz w/ answers I see lots of views ‚ but no one comments ….. : ( PLEASE COMMENT(add notes) at this site or .. go to ROGUEPHOENIX.39 fAcEb**K ‚ and LET ME KNOW THAT THIS IS HELPING you . If no comments are made …. This will be my last post . ------------------------------------------------- Good luck …. 1. The Classical Theory of Asset Prices assumes which
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Week Five Team Reflection ACC 421 2014 Team B Week Five Reflection This week learning team “B” has discussed the concept of time value of money. One will be able to understand the importance of time value of money‚ the different ways to compute interest‚ information about present value and future value‚ and the how time value relates to accounting. Importance of Time Value of Money Time value of money deals with the relationship between money and time (Kieso‚ Weygandt
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In this document ACC 561 Assignment Week 4 Costing Methods Paper there is a review of the following parts: Strategy ABC Installation Cost System Conclusion Business - Accounting Resource: Accounting Read BYP17-5‚ titled Communication Activity‚ in the Ch. 17 “Broadening Your Perspective” section of Accounting . Write a paper of no more than 700 words addressing the following questions: · What strategies did the management of Super Bakery‚ Inc. use? · Why did Super
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answer the questions for the week five assignment. The questions for week five dig a little deeper into the financial report than the questions for week four. We will analyze the annual financial report and realize the information it has to offer. This paper will address the following subjects-- assets listed in proper order‚ how the assets are classified‚ what the cash equivalents are‚ and the company’s total current liabilities at certain periods. Team A will answer these questions in summary
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