Acc 230 Wk 4 Understanding Financial Statements

In: Other Topics

Submitted By MaryMartinson
Words 1345
Pages 6
ACC 230 Wk 4 Understanding Financial Statements
Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser

https://hwguiders.com/downloads/acc-230-wk-4-understanding-financial-statements/

For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ )

Feel Free to Search your Class through Our Product Categories or From Our Search Bar
(http://hwguiders.com/ )

ACC 230 Wk 4 Understanding Financial Statements
Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser

https://hwguiders.com/downloads/acc-230-wk-4-understanding-financial-statements/

For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ )

Feel Free to Search your Class through Our Product Categories or From Our Search Bar
(http://hwguiders.com/ )

ACC 230 Wk 4 Understanding Financial Statements
Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser

https://hwguiders.com/downloads/acc-230-wk-4-understanding-financial-statements/

For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ )

Feel Free to Search your Class through Our Product Categories or From Our Search Bar
(http://hwguiders.com/ )

ACC 230 Wk 4 Understanding Financial Statements
Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser

https://hwguiders.com/downloads/acc-230-wk-4-understanding-financial-statements/

For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ )

Feel Free to Search your Class through Our Product Categories or From Our Search Bar
(http://hwguiders.com/ )

ACC 230 Wk 4 Understanding Financial Statements
Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser

https://hwguiders.com/downloads/acc-230-wk-4-understanding-financial-statements/

For More Courses and Exams use…...

Similar Documents

Understanding Financial Statements and Cash Flow

...“Understanding Financial Statements and Cash Flow” There are four main financial statements. They are (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholders’ equity. Now let’s take a look at the first three financial statements more in detail. The balance sheet is basically a snapshot of the firm. It is used to organize and summarize what a firm owns (assets), what a firm owes (liabilities), and the difference between the two (the firm’s equity) at any given time. A balance sheet shows a company’s assets, liabilities and shareholders’ equity at the end of the reporting period. It does not show the flows into and out of the accounts during the period. The Balance Statement only tells how the company stands on one particular day, for instance the 31st of December or 30th of April. The Balance Statement is usually made by the accountant but it is in your interest to understand it. Assets are things that a company owns that have value and are classified as either current or fixed. A fixed asset has a relatively long life, whereas, a current asset has a lifespan of less than one year. This means that the asset will convert to cash within a year. Cash, inventory, and accounts receivables are a few current assets. Fixed assets include things that can’t be touched but nevertheless exist and have value, such as trademarks and patents. Liabilities are amounts of money that a company owes to others. They are classified as......

Words: 1107 - Pages: 5

Acc-290 Financial Statements

...Financial Statements Amber Khan University of Phoenix Principles of Accounting 1 ACC-290 Jean Balla May 9, 2012 Financial Statements Identify the four basic financial statements The four basic types of financial statements are balance sheet, income statement, statement of owner’s equity, and lastly statement of cash flow ("The Four Financial Statements", 1999-2010). Describe the purpose of each of the four financial statements. A balance sheet is used to summarize the finances of a company during a specific period of time. The sum of company’s liabilities and the owner’s equity should be equal the assets and finding the balance between the two is why this report is called a balance sheet. An explanation of the components of a balance sheet could be: Assets = Liabilities + Equity ("The Four Financial Statements", 1999-2010). An income statement is a representation of company’s profit or loss. The statement includes figures from sales and expenses. The difference between revenue and expenses is the company’s net income. An income statement is usually compiled monthly to keep track of the company’s progress. The purpose of owner’s equity statement is to compare owner’s equity from the start of the period to the end of that period. Owner’s equity combines information from both the income statement and balance sheet as an owner’s equity is determined by adding the investments and income and subtracting this figure from......

Words: 606 - Pages: 3

Acc / 250 Financial Statement

...ACC /250 Checkpoint Financial Statements Exercise 7-1 1. 501,096.96 2. 319,514.42 3. -2,625.61 4. 65,251.52 5. 67,877.13 Exercise 7-2 1. 34,936.57 2. 4,717.37 3. 32,060.92 4. 189,037.60 5. 214,514.42 This information is very useful because it is highlighting all of the areas that a manager, the employees, some investors or anyone will be reviewing. It is a snapshot of how the company is doing. It will help the person reviewing the statements determine what the company is doing and where it is headed. You can see what the company owns, what is owed and what expenses they have in a monthly or year to date glances. For example in number 1 it is looked at to see the asset which is what the company owns. The exercise 7-1 it also is looked at the profit and the expense of the current months. In exercise 7-2 reviewing the statement of cash flow and the statement of retained earnings, this information shows the changes in a company over the reporting period. The main areas that are included in a statement of retained earnings is profits, losses from the operations and dividends paid. The statement of cash flow shows all of the cash ins and outs. It will show the collective figures concerning all cash inflow the company will take in from both its ongoing operations, external investment and also all the cash outflowing that pays for the company on a current month or year to date bases....

Words: 270 - Pages: 2

Acc 400 Week 4 Team Assignment – Interpreting Financial Statements Report

...ACC 400 Week 4 Team Assignment – Interpreting Financial Statements Report Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/acc-400-week-4-team-assignment-interpreting-financial-statements-report/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Learning Team B 1234 Phoenix Street Phoenix, AZ 4321 17 May 2010 Mrs. Lydia Sneed, CEO Learning Team B 1234 Phoenix Street Phoenix, AZ 4321 Dear Mrs. Sneed Further to your request, we hereby attach our report analyzing the Coca-Cola Company and PepsiCo, Inc. As outlined in your request, we have paid particular attention in our analysis to the ratios and commentaries derived from the ratios, useful information outside the annual report for investors, which company is more profitable, and preferable company stock. This report provides detailed financial ratios for Coca-Cola Company and PepsiCo, Inc. in addition to our observations of such ratios. Our analysis reveals PepsiCo, Inc is more liquid but uses a higher percentage of debt financing than The Coca-Cola Company. Therefore, The Coca-Cola Company proves more solvent than PepsiCo. However, PepsiCo uses assets more efficiently and the return on stockholders’ equity is higher than Coca-Cola. We thank you for affording us the opportunity to work......

Words: 5084 - Pages: 21

Acc 230 Week 4 Acc230 Week 4

...ACC 230 Complete Course ACC230 Complete Course Click Link for The Answer: http://workbank247.com/q/acc-230-complete-course-acc230-complete-course/13459 http://workbank247.com/q/acc-230-complete-course-acc230-complete-course/13459 ACC 230 WEEK 1 DQ 1 AND DQ 2 Discussion Questions Go to the U.S. Securities and Exchange Commission’s Web site at http://www.sec.gov and the Financial Accounting Standards Board’s Web site at http://www.fasb.org. Identify the mission and main activities of each organization. Then, analyze the similarities and differences between the roles of each entity. Which entity has more influence over financial statement reporting? Explain your answer.  Search the Internet or the Online Library for information about the Sarbanes-Oxley Act. A useful guide to some of these provisions is located athttp://www.soxlaw.com. Summarize at least two provisions of the law, and discuss your interpretation of these provisions with your classmates. Do you think this law will make financial statements more reliable? Also, discuss how Sarbanes-Oxley establishes boundaries to ensure ethical practices. What does the law allow or prohibit, and why? ACC 230 WEEK 1 CHECKPOINT FINANCIAL STATEMENTS CheckPoint: Assessing Financial Statements  Resource: Ch. 2 of Understanding Financial Statements, and Ch. 1 PowerPoint® (pp. 1-10, 1-11, and 1-13)  Search the Internet for the financial statements of your favorite company or your employer. You may either locate the......

Words: 1790 - Pages: 8

Understanding Financial Statements

...Understanding Financial Statements Objective: Analyzing the financial statements of ProtoLabs and compare it with NN Inc to understand various ratios and how it affects the decisions of investors and creditors. About the Company: ProtoLabs was founded by Larry Lukis, as The Protomold Company in 1999. Larry is a successful entrepreneur who was previously a part of a $100 million company whose aim was to design a better printer but was constantly floored by the time it took to obtain the injection molding parts. He then went on to develop a process which would not only take less time to produce injection molding parts but also reduce the costs for product that do not require large quantity. With a rapid growing base the company developed technology to create bigger and more complex parts and introduced Firstcut CNC machining services. The company now provides 3 kinds of services i.e. Additive manufacturing, CNC machining and injection molding. The company went public in year 2012. Liquidity Analysis: Liquidity ratios are used to determine the ability of a firm to payoff its short-term debts. The rule of thumb is that the higher the liquidity ratio, the more is the firm considered safe. Current Ratio: The current ratio measures the company’s ability to pay of its long term and short-term debts. The current ratio takes into account all the current assets of the company (liquid and non-liquid) in comparison to current liabilities. The Formula for calculating......

Words: 1526 - Pages: 7

Acc 562 Wk 10 Assignment 4 Financial Analysis

...ACC 562 WK 10 ASSIGNMENT 4 FINANCIAL ANALYSIS To purchase this visit here: http://www.activitymode.com/product/acc-562-wk-10-assignment-4-financial-analysis/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 562 WK 10 ASSIGNMENT 4 FINANCIAL ANALYSIS ACC 562 WK 10 Assignment 4 - Financial Analysis Activity mode aims to provide quality study notes and tutorials to the students of ACC 562 WK 10 Assignment 4 Financial Analysis in order to ace their studies. ACC 562 WK 10 ASSIGNMENT 4 FINANCIAL ANALYSIS To purchase this visit here: http://www.activitymode.com/product/acc-562-wk-10-assignment-4-financial-analysis/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 562 WK 10 ASSIGNMENT 4 FINANCIAL ANALYSIS ACC 562 WK 10 Assignment 4 - Financial Analysis Activity mode aims to provide quality study notes and tutorials to the students of ACC 562 WK 10 Assignment 4 Financial Analysis in order to ace their studies. ACC 562 WK 10 ASSIGNMENT 4 FINANCIAL ANALYSIS To purchase this visit here: http://www.activitymode.com/product/acc-562-wk-10-assignment-4-financial-analysis/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 562 WK 10 ASSIGNMENT 4 FINANCIAL ANALYSIS ACC 562 WK 10 Assignment 4 - Financial Analysis Activity mode aims to provide quality study notes and tutorials to the students of ACC 562 WK 10 Assignment 4 Financial Analysis in order to ace their studies. ACC 562 WK 10 ASSIGNMENT 4 FINANCIAL ANALYSIS To purchase this visit......

Words: 457 - Pages: 2

Fin 410 Wk 4 Assignment 2 Financial Statements

...FIN 410 WK 4 ASSIGNMENT 2 FINANCIAL STATEMENTS To purchase this visit here: http://www.activitymode.com/product/fin-410-wk-4-assignment-2-financial-statements/ Contact us at: SUPPORT@ACTIVITYMODE.COM FIN 410 WK 4 ASSIGNMENT 2 FINANCIAL STATEMENTS FIN 410 WK 4 Assignment 2 - Financial Statements Use the same financial institution that you selected in Assignment 1. Use the Internet to research its customer service features, financial statements, and financial performance. Write a three to four (3-4) page paper in which you: 1. Examine the organizational structure of your selected organization, indicating how this financial structure helps the organization achieve its goals. Provide support for your rationale. 2. Analyze the customer service features offered (e.g., ATM, Website, etc.). Propose what the organization can do to improve or add to these features and the likely impact to the organization. 3. Determine the selected organization’s financial position based on the data collected from their major financial statements (the income statement, the balance sheet, and the statement of cash flows). Use at least three (3) major financial ratios to support your argument. More Details hidden... Activity mode aims to provide quality study notes and tutorials to the students of FIN 410 WK 4 Assignment 2 Financial Statements in order to ace their studies. FIN 410 WK 4 ASSIGNMENT 2 FINANCIAL STATEMENTS To purchase this visit here: http://www.activitymode.com/...

Words: 643 - Pages: 3

Hsa 525 Wk 4 Assignment 1 Financial Statement

...HSA 525 WK 4 ASSIGNMENT 1 FINANCIAL STATEMENT To purchase this visit here: http://www.activitymode.com/product/hsa-525-wk-4-assignment-1-financial-statement/ Contact us at: SUPPORT@ACTIVITYMODE.COM HSA 525 WK 4 ASSIGNMENT 1 FINANCIAL STATEMENT HSA 525 WK 4 Assignment 1 - Financial Statement Analysis Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: 1. Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. 2. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization. 3. As the CFO, suggest one (1) key strategy that you might use in order to improve the financial performance of the organization. Recommend an...

Words: 835 - Pages: 4

Acc 230 Week 4 Checkpoint Analyzing an Income Statement

...ACC 230 WEEK 4 CHECKPOINT ANALYZING AN INCOME STATEMENT To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-4-checkpoint-analyzing-an-income-statement/ Or email us at support@nerdypupil.com ACC 230 WEEK 4 CHECKPOINT ANALYZING AN INCOME STATEMENT CheckPoint: Analyzing an Income Statement Resource:Ch. 3 of Understanding Financial Statements Complete Problem 3.16b on p. 111 (Ch. 3). Analyze the income statement of Eastman Kodak, located at http://wps.prenhall.com/bp_fraser_financial_8. SelectChapter 1 from the top menu, then selectInternet Links in the left-hand menu to access the income statement. Write a 200- to 300-word response to the problem. In addition, include your analysis of indicators such as earnings per share, operating income, and comprehensive income. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 4 CheckPoint Analyzing an Income Statement in order to ace their studies. ACC 230 WEEK 4 CHECKPOINT ANALYZING AN INCOME STATEMENT To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-4-checkpoint-analyzing-an-income-statement/ Or email us at support@nerdypupil.com ACC 230 WEEK 4 CHECKPOINT ANALYZING AN INCOME STATEMENT CheckPoint: Analyzing an Income Statement Resource:Ch. 3 of Understanding Financial Statements Complete Problem 3.16b on p. 111 (Ch. 3). Analyze the income statement of Eastman Kodak, located at......

Words: 625 - Pages: 3

Acc 230 Week 5 Checkpoint Preparing a Statement

...ACC 230 WEEK 5 CHECKPOINT PREPARING A STATEMENT To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-5-checkpoint-preparing-a-statement/ Or email us at support@nerdypupil.com ACC 230 WEEK 5 CHECKPOINT PREPARING A STATEMENT CheckPoint: Preparing a Statement of Cash Flows Resource:Ch. 4 of Understanding Financial Statements CompleteProblem 4.5 on p. 141 (Ch. 4). Refer to Exhibit 4.1 on p. 118 (Ch. 4) to create your statement of cash flows. Submit your completed statement of cash flows and a 200- to 300-word analysis of the statement. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 5 CheckPoint Preparing a Statement in order to ace their studies. ACC 230 WEEK 5 CHECKPOINT PREPARING A STATEMENT To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-5-checkpoint-preparing-a-statement/ Or email us at support@nerdypupil.com ACC 230 WEEK 5 CHECKPOINT PREPARING A STATEMENT CheckPoint: Preparing a Statement of Cash Flows Resource:Ch. 4 of Understanding Financial Statements CompleteProblem 4.5 on p. 141 (Ch. 4). Refer to Exhibit 4.1 on p. 118 (Ch. 4) to create your statement of cash flows. Submit your completed statement of cash flows and a 200- to 300-word analysis of the statement. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 5 CheckPoint Preparing a Statement in order to ace their......

Words: 897 - Pages: 4

Acc 230 Week 6 Checkpoint Analyzing Statements

...ACC 230 WEEK 6 CHECKPOINT ANALYZING STATEMENTS To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-6-checkpoint-analyzing-statements/ Or email us at support@nerdypupil.com ACC 230 WEEK 6 CHECKPOINT ANALYZING STATEMENTS CheckPoint: Analyzing Statements of Cash Flows Resource:Ch. 4 of Understanding Financial Statements Complete Research Problem 4.8a on p. 142 (Ch. 4); however, choose three companies to compare instead of five. Post your table in a Microsoft® Excel or Word document. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 6 CheckPoint Analyzing Statements in order to ace their studies. ACC 230 WEEK 6 CHECKPOINT ANALYZING STATEMENTS To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-6-checkpoint-analyzing-statements/ Or email us at support@nerdypupil.com ACC 230 WEEK 6 CHECKPOINT ANALYZING STATEMENTS CheckPoint: Analyzing Statements of Cash Flows Resource:Ch. 4 of Understanding Financial Statements Complete Research Problem 4.8a on p. 142 (Ch. 4); however, choose three companies to compare instead of five. Post your table in a Microsoft® Excel or Word document. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 6 CheckPoint Analyzing Statements in order to ace their studies. ACC 230 WEEK 6 CHECKPOINT ANALYZING STATEMENTS To Download this course, visit this link......

Words: 661 - Pages: 3

Acc 230 Week 8 Analyzing Financial Data

...ACC 230 WEEK 8 ANALYZING FINANCIAL DATA To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-8-analyzing-financial-data/ Or email us at support@nerdypupil.com ACC 230 WEEK 8 ANALYZING FINANCIAL DATA CheckPoint: Analyzing Financial Data Resource:Ch. 6 of Understanding Financial Statements Complete Problem 6.6 on p. 232 (Ch. 6). Submit your answers to questions A and B. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 8 Analyzing Financial Data in order to ace their studies. ACC 230 WEEK 8 ANALYZING FINANCIAL DATA To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-8-analyzing-financial-data/ Or email us at support@nerdypupil.com ACC 230 WEEK 8 ANALYZING FINANCIAL DATA CheckPoint: Analyzing Financial Data Resource:Ch. 6 of Understanding Financial Statements Complete Problem 6.6 on p. 232 (Ch. 6). Submit your answers to questions A and B. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 8 Analyzing Financial Data in order to ace their studies. ACC 230 WEEK 8 ANALYZING FINANCIAL DATA To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-8-analyzing-financial-data/ Or email us at support@nerdypupil.com ACC 230 WEEK 8 ANALYZING FINANCIAL DATA CheckPoint: Analyzing Financial Data Resource:Ch. 6 of Understanding Financial......

Words: 481 - Pages: 2

Acc 230 Week 1 Checkpoint Financial Statements

...ACC 230 WEEK 1 CHECKPOINT FINANCIAL STATEMENTS To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-1-checkpoint-financial-statements/ Or email us at support@nerdypupil.com ACC 230 WEEK 1 CHECKPOINT FINANCIAL STATEMENTS CheckPoint: Assessing Financial Statements Resource:Ch. 2 of Understanding Financial Statements,and Ch. 1 PowerPoint® (pp. 1-10, 1-11, and 1-13) Searchthe Internet for the financial statements of your favorite company or your employer. You may either locate the corporate Web site for your chosen company, or you may select a company’s financial statements from the EDGAR database athttp://www.sec.gov/edgar/searchedgar/webusers.htm. Posta 200- to 300-word response that includes the following information: Three strengths and three weaknesses in the financial statements Trends in net profit, debt ratio as a percentage of total assets, and debt as a percentage of total equity A review of 2- to 3-year trends and an analysis of positive and negative trends A confirmation of whether or not the company is discussing what it intends to do to correct negative trends Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 1 Checkpoint Financial Statements in order to ace their studies. ACC 230 WEEK 1 CHECKPOINT FINANCIAL STATEMENTS To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-1-checkpoint-financial-statements/ Or email us......

Words: 845 - Pages: 4

Financial Statements Acc 557

...Financial Statements ACC 557 26 February 2012 How Can the Use of the Balance Sheet Be Applied to Your Every Day Life. Having solid knowledge of the balance sheet can help one in everyday life in personal investment decisions. First, the balance sheet gives a person an idea of the overall financial health of the company. One can see the amount of assets and liabilities a company has and make a decision as to the overall economic viability before making a stock purchase. Second, one can use the numbers from the balance sheet to compare to other companies in similar sectors in order to decide which company provides the greatest opportunity for investment. Third, the numbers from the balance sheet can be used to create ratios that tell a little more information about a company. For example, a person could use balance sheet numbers to figure up the asset to liabilities ratio. This number could provide some insight into whether a company will be able to meet its financial obligations. After all these factors are considered a person might be able to make a fairly sound investment in a company's stock. How a Manage May Benefit From Understanding the Balance Sheet There are several ways a business manager can benefit from understanding the balance sheet. First, if the company invests in other companies then having a good knowledge of the balance sheet would help a business manager advise leaderships on which companies look good financially. Second,......

Words: 664 - Pages: 3