Memo To: Huffman Trucking CEO From: Accounting Date: Re: Ratio Analysis Listed below you will find the findings from the current and quick ratios calculations. Huffman trucking’s current ratio within the liquidity ratio during 2 years indicates an increase. The Quick ratio within the liquidity ratio also indicates an increase. Since prospective lenders want to see a positive current ratio‚ they would be a type of user that would be interested in this type of ratio. Since the quick
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Citations: Kimmel‚ P. D.‚ Wetgandt‚ J. L.‚ & Kieso‚ D. E. (2009). Financial Accounting 5 Tools for Business Decision Making. Retrieved from https://portal.phoenix.edu/classroom/coursematerials/acc_290/20131106/OSIRIS:44348065.
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References: Kieso‚ D. E.‚ Weygandt‚ J. J.‚ & Warfield‚ T. D. (2013).Intermediate Accounting‚ 15e. The Sarbanes-Oxley Act. (2006).
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break-even point in relation to the company’s cost (bills). At the end of the day‚ the bottom line is all of the bills have to get paid and the company can walk away with a little in the bank as well. Reference: Kimmel‚ P. D.‚ Weygandt‚ J. J.‚ & Kieso‚ D. E. (2009). Accounting: Tools for business decision making (3rd ed.). Hoboken‚ NJ: John Wiley & Sons Week 4 Discussion Question 1 Imagine Widgets Airlines‚ Inc. operates 18-seat commercial flights between New York City and Washington‚ DC.
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Code of Ethics When face with major problems and dilemmas in management accounting and financial management practitioners look to the "standards of ethical conduct for practitioners of management accounting and financial management. While looking at ethical standards one has to look at four different areas they are competence‚ confidentiality‚ integrity‚ and objectivity. These four areas are the backbone of what management accounting and financial management are made. When faced a possible violation
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References: Kimmel‚ P.D.‚ Weyhandt‚ J.J.‚ & Kieso‚ D.E. (2009). Accounting: Tools for business decision making (3rd. ed). Hoboken‚ NJ: John Wiley & Sons. University of Phoenix. (2012). Financial Analysis: The Big Picture. Retrieved from University of Phoenix‚ ACC561-Accounting website
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References: Defer Capital Gain and Depreciation Recapture Taxes Indefinitely. (2011). In EXETER. Retrieved February 18‚ 2012‚ from http://www.exeter1031.com Kieso‚ D.‚ Weygandt‚ J.‚ & Warfield‚ T. (2011). Intermediate Accounting (14th ed.‚ p. 1196). N.p.: Jon Wiley & Sons Inc.
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(c) Taxes not payable in cash; and (d) Net cash settlement resulting from a change in value of a contract that gives the entity a choice of net cash settlement or settlement in its own shares. Non- authoritative Sources: Intermediate Accounting‚ Kieso‚ Weyganndt‚‚ Warfield‚ 15th
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S. Security and Exchange commission has established guidelines for publicly traded companies so investors and creditors have easy access to the information they need to evaluate the risk to invest or extend credit to a company (Kimmel‚ Weygandt‚ & Kieso‚ 2007). In this paper Hewlett Packard’s ethics policy‚ U.S. Security and Exchange compliance‚ financial ratios reported in their 2006 and 2007 annual reports‚ and filing with the U.S. Security and Exchange Commission are examined. HO Ethical Behavior
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References: Bryant‚ Shannon (2011). Gluten-free foods‚ beverages become more mainstream as part of healthy lifestyle Kimmel‚ P.D.‚ Weygandt‚ J.J.‚ & Kieso‚ D.E. (2009). Accounting: Tools for business decision making (3rd ed.) LUBICOM Marketing Consulting‚ LLC. (2011). Statistics. Retrieved from http://www.lubicomkosher.com/industry/179/ Martin‚ L.L. (2001). Financial Management for Human Service Administrators
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