ACC557 FINANCIAL ACCOUNTING ACC/557

ACC 557 Assignment 2 - Operations D

ACC 557 Assignment 3 - Market Model Patterns of C

ACC 557 Week 10, DQ 1 and Week 10, DQ 1: "Financial Analyst Skills" Please respond to the following: Based on the information presented in the e-Activity, recommend the skills that are required to be a successful Financial Analyst, indicating how the role of a Financial Analyst adds value to a company. Provide support for your answer.  Assess the key ratios used by Financial Analyst to evaluate the financial performance of company, indicating the ratio that you believe to be most indicativ...

ACC 557 Week 11, DQ 1 and Week 11 DQ 1: "Course Wrap-Up" Please respond to the following: Explain two concepts in this course that provided the most value to you. Indicate how these two new areas of knowledge will benefit you in your current job or future career / endeavors. Week 11 DQ 2: “Financial Accounting" Please respond to the following: Predict one major change in financial accounting that may likely occur within the next 10 years. As a CFO, recommend how you would integrate thes...

ACC 557 Week 11, Quiz - Graded 100% Latest V 1. Parker Hardware Store had net credit sales of $8,000,000 and cost of goods sold of $5,000,000 for the year. The Accounts Receivable balances at the beginning and end of the year were $600,000 and $700,000, respectively. The receivables turnover was A). 11.4 times. B). 12.3 times. C). 4.6 times. D). 7.7 times. 2. Which one of the following is not a tool in financial statement analysis? A). Ratio analysis B). Horizontal analysis C). Vertical...

ACC 557 Week 10, Quiz - Graded 100% Latest V 1. Which one of the following affects cash during a period? A). Payment of an accounts payable B). Recording depreciation expense C). Write-off of an uncollectible account receivable D). Declaration of a cash dividend 2. Land acquired from the issuance of common stock is reported A). as a financing activity. B). in a separate schedule at the bottom of the statement. C). as an investing activity. D). as an operating activity. 3. The informa...

ACC 557 Week 9, Quiz - Graded 100% Latest V 1. Eck Corporation sells 250 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $25 a share. Eck sold the shares for $40 a share. The entry to record the sale is A). Cash 10,000 Gain on Sale of Stock Investments 3,750 Stock Investments 6,250 B). Stock Investments 10,000 Cash 10,000 C). Cash 10,000 Stock Investments 10,000 D). Cash ...

ACC 557 Week 9, DQ 1 and Week 9, DQ 1: "Cash Flow Reporting" Please respond to the following: Given the complexities related to preparing and interpreting the statement of cash flow, evaluate the current requirement under GAAP and IFRS, indicating improvements that you would make to each method’s requirement to better serve the users of the information. Provide a rationale for your changes. Analyze the impact of erroneous classifications in the Operating Activities section of the state...

ACC 557 Week 8, Chapter 12 (E12-7, E12-8, E12-12, P12-2A) Wiley Plus - Graded 100%.doc ACC 557 Week 8 Chapter 12 (E12-7, E12-8, E12-12, P12-2A) NEW ACC 557 Week 8 Chapter 12 (E12-7, E12-8, E12-12, P12-2A) E12-7: On January 1, Vince Corporation purchased a 25% equity in Morelli Corporation for $180,000. At December 31, Morelli declared and paid a $60,000 cash dividend and reported net income of $200,000. ............ a) Journalize the transactions. ............ b) Determine the amount to be re...

ACC 557 Week 7, Chapter 11 (E11-7, E11-13, E11-17, P11-3A) Wiley Plus - Graded 100%.doc ACC 557 Week 7 Chapter 11 (E11-7, E11-13, E11-17, P11-3A) NEW ACC 557 Week 7 Chapter 11 (E11-7, E11-13, E11-17, P11-3A) E11-7: Fallow Co. had the following transactions during the current period. Journalize the transactions. ............ E11-13: On January 1, Chevon Corporation had 98,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, th...