Role accounting plays in providing financial information to management for decision making

Role accounting plays in providing financial information to management for decision making

This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability.

Assignment Steps

Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC), University Library, Library resources: Company Directories and Financials

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Select a publicly traded, U.S. corporation with which you are familiar or one where you currently work or have worked in the past.

Research the company on the Internet and download the Income Statement, Statement of Shareholders’ Equity, Balance Sheet, and Statement of Cash Flows.

Develop a minimum 700-word examination of the financial statements and include the following:

Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year?

Explain the relevance of changes in net income to investors.

Determine the ending balance in shareholders’ equity. Why would organizations such as labor unions be interested in this?

Determine the total value of assets.

Discuss the relevance of the total value of assets to potential creditors and why this is important.

Compute the return on assets. Discuss the relative profitability of the company based on your results.

Compute the working capital and current ratio. Evaluate the relative liquidity of the company based on your results.

Compute the debt to assets ratio and the free cash flow for your company. Analyze the results and comment on the relative solvency of the company.

Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making?

 

 

………………….Answer preview……………………..

Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year?

Taking Microsoft into consideration, the net income is $16,798 from the income statement. This figure or income is up from the prior year, with a difference of $4,605. This is a promising figure for the company……………………….

APA

820 words

Get instant access to the full solution from yourhomeworksolutions by clicking the purchase button below

The post Role accounting plays in providing financial information to management for decision making appeared first on Yourhomeworksolutions.



Logo
.
CLICK HERE TO ORDER 100% ORIGINAL PAPERS AT PrimeWritersBay.com

Comments

Post a Comment

Popular posts from this blog

Poetry Analysis Essay (3G) that defends a thesis you developed through a close critical reading

Image
Poetry Analysis Essay (3G) that defends a thesis you developed through a close critical reading Poetry Analysis Essay Poetry Analysis Essay (3G) that defends a thesis you developed through a close critical reading/analysis of three (or more) works of poetry listed on the syllabus. Your analysis relies mainly on textual support from the primary text, but can also include at secondary sources that support/sustain your argument. Do not confuse “critical analysis” with “plot summary;” the goal is to develop, sustain, and advance a thesis based on a critique of the primary text that clearly demonstrates the presence of a major themes in the chosen collection of works. a_3f Answer preview to Poetry Analysis Essay (3G) that defends a thesis you developed through a close critical reading APA 2180 words Get instant access to the full solution from yourhomeworksolutions by clicking the purchase button below  The post Poetry Analysis Essay (3G) that defends a...
Read more

Review the company’s most recent Global Compact Report.

Image
Review the company’s most recent Global Compact Report. Assignment which is coming up with two ethical dilemmas (1-2 sentences each only) that the following company is facing based on its core business, the principles of the Global Compact, and the Sustainable development goals. 1. Use  https://www.engeco.com.au/  to do it. please find the detail requirements and instruction of the format attached. Use  https://www.engeco.com.au/ to do the following: Review the company’s most recent Global Compact Report. From the information that you’ve learned above, come up with two ethical dilemmas that the company faces, based on its core business, the principles of the Global Compact, and the Sustainable development goals. There should be  ONE very specific action that the company itself is thinking about taking that is part of its core competency. Also, please look up information on the company and propose who at the company would be the agent of the decision.​ et...
Read more

Write a Research Paper about Personality Disorders

Image
Write a Research Paper about Personality Disorders Write a Research Paper about Personality DisordersThe paper is an in-depth research paper on the topic Personality Disorders . Your sources are to be only from the professional literature (journals) and professional books. Cite all sources in the body of the paper in APA citation style, with an APA style Reference page at the end of the paper containing a minimum of 3 professional journal references in addition to other sources. Do not quote from your source, but simply put it in your own words and cite the reference. While quality of content and writing is most important, the paper should be a minimum of 7 pages (best quality) to a maximum of 10 pages. The paper must be prepared on a word processor and use Arial or New Times Roman 12 point fonts only, double space between lines, and with 1 inch margins on all 4 sides. Answer preview to write a Research Paper about Personality Disorders APA 2796 words Get instant access to t...
Read more