"Nine steps of accounting xacc 280" Essays and Research Papers

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    Financial Analysis By XACC 280 Professor University of Phoenix The objective of this paper is to compare the major players in the beverage/soft drink industry‚ Pepsi Co. & Coca Cola Co. This paper will give you sound information on which company to invest in as well as taking a deeper look at both companies over all. My analysis will be made based on the company’s income statements‚ horizontal‚ vertical analysis‚ balances sheets and financial

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    This document of XACC 280 Week 9 Capstone Discussion Question shows the solutions to the following problems: Review the annual reports for PepsiCo.‚ Inc and the Coca-Cola Company in the Appendixes A B of Financial Accounting. Select either PepsiCo‚ Inc or Coca-Cola Company. In your estimation‚ the company you chose may be financially healthier or weaker. Would you invest in this company? Explain why or why not. Justify your reasoning by presenting at least three key financial ratios

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    Internal Controls XACC 280 By University of Phoenix Professor This paper will discuss the internal controls and how they work in business. I will shed some light on the organizations financial and business policies‚ process and procedures. The purpose of these internal controls is to protect the company’s resources against fraud‚ misappropriate funds and most important waste. A company can spend quite a

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    Accounting consists of basic assumptions‚ principles‚ and constraints. There are four basic assumptions of accounting that are the fundamental basis of any set of accounts. The four basic assumptions of accounting include: monetary unit assumption‚ economic period assumption‚ time period assumption‚ and going concern assumption. Monetary unit assumption states that only transaction data that is expressed in terms of money can be included in the accounting records. Economic period assumption states

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    Ratio‚ Vertical and Horizontal Analyses XXXXXXXXXX XACC/280 XXXXXXXXXX Ratio‚ Vertical and Horizontal Analyses The three tools of financial statements analysis are Horizontal (trend)‚ Vertical (common size)‚ and Ratio. The first financial statement analysis is horizontal which evaluates the performance of the company from one accounting period to the next. Horizontal analyses’ are conducted to assess any relative changes in different items over a specified time period. It also indicates

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    required closing processes‚ while demonstrating to them that I was competent with my allotted tasks by completing them in the time requested. She and Mr. Rackers had accepted my proposal. As the day came‚ she was resolving an issue from the previous accounting week‚ and was speaking with Mr. Whittaker about invoicing. After speaking with him‚ she had walked back to office‚ but stopped by my cubicle to check my progress. The conversation went

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    Accounting Team Project Naomi Konen and Chue Lee 8-2 a) Joan’s first mistake is not using control of cash receipts. She is having only one person go through the whole accounting controls process. There should be other people involved in this process including Joan herself. Joan must also realize the limitations of human controls. One person going through the entire process is bound to make a human error. b) Joan initially failed by trying to joke about her employee stealing. Stealing

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    Week 6 Checkpoint The accounting cycle is a series of procedures that allow a company to record their transactions and prepare their financial statements in the most accurate way possible. Every cycle starts with a single transaction and ends with the books being closed out for a specific time period. There are nine steps in all. 1. Analyze Business Transactions – As financial transactions occur they are analyzed and considered with respect to their effect on their financial position in the

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    There are three ways to analyze financial statements there is the vertical analysis‚ which uses the base percentage to express the assets or liabilities and stockholders’ equity. Horizontal analysis or the trend analysis is how someone can evaluate the financial statement over a period. With this method‚ one can determine an increase or decrease in assets liabilities or stockholders equity. This can be done in percentage or totals Horizontal analysis is used primarily with an intercompany comparison

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    Situation 1 First I would greet the customer with a standard greeting. Thanking them for calling and asking how I may help them is usually a good way to start off the phone call. Susan is inquiring about some of the functions that PowerPoint has to offer. She has asked about how some of the features of PowerPoint can support her data that she has gathered. I will begin by repeating back her question to verify that we are on the same page. One of the challenges I will probably face is explaining

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