Category Archives: ACC 421

UOP ACC 421 Week 5 Analyzing Amazon document updated

UOP ACC 421 Week 5 Analyzing Amazon document updated

 

Check this A+ tutorial guideline at

http://www.homeworkrank.com/acc-421-uop/acc-421-week-5-analyzing-amazon-document-updated

 

For more classes visit

http://homeworkrank.com/

Resources: Analyzing Amazon document.
Write a 700- to 1,050-word paper.
The incredible growth of Amazon.com has put fear into the hearts of traditional retailers. Amazon’s stock price has soared to amazing levels. However, it is often pointed out in the financial press that it took the company several years to report its first profit.
Calculate free cash flow for Amazon for the current and prior years.
Evaluate its ability to finance expansion from internally generated cash.
Thus far, Amazon has avoided purchasing large warehouses. Instead, it has used those of others. It is possible, however, that in order to increase customer satisfaction, the company may have to build its own warehouses. If this happens:
Describe how your impression of its ability to finance expansion change.
Project any potential implications of the change in Amazon’s cash provided by operations from the prior year to the current year.
Click the Assignment Files tab to submit your assignment.

 

UOP ACC 421 Week 4 Wileyplus BE 5-12, Ex 5-13, Ex 5-14, BE 23-1, Ex 23-14 updated

UOP ACC 421 Week 4 Wileyplus BE 5-12, Ex 5-13, Ex 5-14, BE 23-1, Ex 23-14 updated

 

Check this A+ tutorial guideline at

http://www.homeworkrank.com/acc-421-uop/acc-421-week-4-wileyplus-be-5-12,-ex-5-13,-ex-5-14,-be-23-1,-ex-23-14-updated

 

For more classes visit

http://homeworkrank.com/

Complete the following assignments in WileyPLUS:

• Brief Exercise 5-12

• Exercise 5-13

• Exercise 5-14

• Brief Exercise 23-1

• Exercises 23-13

• Exercise 23-14

 

Brief Exercise 5-12

Monty Beverage Company reported the following items in the most recent year.

Net Income $43,400

Dividends paid 5,210

Increase in a/r 11,440

Increase in a/p 8,490

Purchase of equipment (capital expenditure) 8,720

Depreciation expense 5,490

Issue of notes payable 24,020

 

Compute net cash provided by operating activities, the net change in cash during the year

 

 

 

Exercise 5-13

The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions

listed below as:

1.Operating activity-add to net income.

2.Operating activity-deduct from net income.

3.Investing activity.

4.Financing activity.

5.Reported as significant noncash activity

The transaction are as follows.

a) Issuance of common stock.

b) Purchase of land and building.

c) Redemption of bonds.

d) Sale of equipments.

e) Depreciation of machinery.

f) Amortization of patent.

g) Issuance of bonds for plant assets.

h) Payment of cash dividends.

i) Exchange of furniture for office equipments.

j) Purchase of treasury stock.

k) Loss on sale of equipment.

l) Increase in accounts receivable during the year.

m) Decrease in accounts payable during the year.

 

 

Exercise 5-14

The comparative balance sheets of Cheyenne Inc. at the beginning and the end of the year 2017 are as follows.

 

Net income of $47,730 was reported, and dividends of $28,130 were paid in 2017. New equipment was purchased and none was sold.

 

Prepare a statement of cash flows for the year 2017.

 

 

Brief Exercise 23-1

Novak Corporation is preparing its 2017 statement of cash flows, using the indirect method. Presented below is a list of items that may affect the

statement. Using the code below, indicate how each item will affect Novak’s 2017 statement of cash flows.

a) Purchase of land and building.

b) Decrease in accounts receivable.

c) Issuance of stock.

d) Depreciation expense.

e) Sale of land at book value.

f) Sale of land at a gain.

g) Payment of dividends.

h) Increase in accounts receivable.

i) Purchase of available-for-sale debt investment.

j) Increase in accounts payable.

k) Decrease in accounts payable.

l) Loan from bank by signing note.

m) Purchase of equipment using a note.

n) Increase in inventory.

o) Issuance of bonds.

p) Redemption of bonds payable.

q) Sale of equipment at a loss.

r) Purchase of treasury stock.

 

 

Exercise 23-13

Novak Inc., a greeting card company, had the following statements prepared as of December 31, 2017.

Additional information:

1. Dividends in the amount of $6,000 were declared and paid during 2012.

2. Depreciation expense and amortization expense are included in operating expenses.

3. No unrealized gains or losses have occurred on the investments during the year.

4. Equipment that had a cost of $30,000 and was 70% depreciated was sold during 2012

 

Instructions

Complete the statement of cash flows using the direct method. (Do not prepare a reconciliation schedule.)

 

Exercise 23-14

Whispering Inc., a greeting card company, had the following statements prepared as of December 31, 2017.

 

Prepare a statement of cash flows using the indirect method.

 

UOP ACC 421 Week 3 Team Assignment Comparative Analysis Case (Coca Cola/Pepsi Co) updated

UOP ACC 421 Week 3 Team Assignment Comparative Analysis Case (Coca Cola/Pepsi Co) updated

 

 

Check this A+ tutorial guideline at

http://www.homeworkrank.com/acc-421-uop/acc-421-week-3-team-assignment-comparative-analysis-case-coca-cola-pepsi-co-updated

 

For more classes visit

http://homeworkrank.com/

Complete the following deliverables as a team:
The Coca-Cola/PepsiCo Comparative Analysis Case on p. 192. Your responses should be approximately one to two sentences for each segment (a-c).
(a) What type of income format(s) is used by these two companies? Identify any differences in income statement format between these two companies.
(b) What are the gross profits, operating profits, net incomes, and net incomes attributable to non-controlling interests for these two companies over the 3-year period 2012-2014? Which company has had better financial results over this period of time?
 (c) What income statement format do these two companies use to report comprehensive income?

 

UOP ACC 421 Week 3 Individual Problem 24-3 (Essay) updated

UOP ACC 421 Week 3 Individual Problem 24-3 (Essay) updated

 

Check this A+ tutorial guideline at

http://www.homeworkrank.com/acc-421-uop/acc-421-week-3-individual-problem-24-3-essay-updated

 

 

For more classes visit

http://homeworkrank.com/

Problem 24-3 (Essay)
Bradbum Corporation was Formed 5 years age through a public subscription of common stock. Daniel Brown, who owns 15% of the common stock, was one of the organizers of Bradburn and is its current president. The company has been successful, but it currently is experiencing a shortage of funds. On june 10, 2018, Daniel Brown approached the Topeka National Bank, asking for a 24-month extension on two $35,000 notes, which are due on June 30,2018, and September 30,2018. Another notes of $6,000 is due on March 31,2019, but he expects no difficulty in paying this note on its due date. Brown explained that Bradburn’s.
The commercial loan officer of Topeka National Bank requested the following reports for last 2 fiscal years.
Identify and explain what other financial reports and/or financial analysis might be helpful to the commercial loan officer of Topeka National Bank in evaluating Daniel Brown’s request for a time extension on Bradburn’s notes.
Assume that the percentage changes experienced in fiscal year 2018 as compared with fiscal year 2017 for sales and cost of goods sold will be repeated in each of the next 2 years. Is Bradburn’s desire to finance the plant expansion from internally generated funds realistic? Discuss.
Should Topeka National Bank grant the extension on Bradburn’s notes considering Daniel Brown’s statement about financing the plant expansion through internally generated funds? Discuss

 

UOP ACC 421 Week 3 Individual Problem 5-2 (with Excel File) updated

UOP ACC 421 Week 3 Individual Problem 5-2 (with Excel File) updated

 

Check this A+ tutorial guideline at

http://www.homeworkrank.com/acc-421-uop/acc-421-week-3-individual-problem-5-2-with-excel-file-updated

 

For more classes visit

http://homeworkrank.com/

This Tutorial contains Excel File which can be used to solve for any values

Problem 5-2

Presented below are a number of balance sheet items for waterway, Inc., for the current year, 2017.
Related Tutorials

 

UOP ACC 421 Week 3 Individual Exercise 5-9 (with Excel File) updated

UOP ACC 421 Week 3 Individual Exercise 5-9 (with Excel File) updated

 

Check this A+ tutorial guideline at

 

http://www.homeworkrank.com/acc-421-uop/acc-421-week-3-individual-exercise-5-9-with-excel-file-updated

For more classes visit

 

http://homeworkrank.com/

ACC 421 Week 3 Individual Exercise 5-9 (with Excel File) updated

This Tutorial contains Excel File which can be used to solve for any values

 

Exercise 5-9 (Part Level Submission) The current assests and current liabilities sections of the balance sheet of Cheyenne company appear as follows.

a)      calculate following adjusted balances.

 

UOP ACC 421 Week 3 Individual Exercise 5-3 updated

UOP ACC 421 Week 3 Individual Exercise 5-3 updated

Check this A+ tutorial guideline at

http://www.homeworkrank.com/acc-421-uop/acc-421-week-3-individual-exercise-5-3-updated

For more classes visit

http://homeworkrank.com/

Exercise 5-3:
For Fielder Enterprises, indicate how each of the following usually should be classified. If an item should appear in a note to the financial statements, select “note to Financial Statement” to indicate this fact. If an item need to be reported on the balance sheet, select “Balance Sheet” and if an item need not be reported at all, select “Not to be Reported”

 

UOP ACC 421 Week 3 Individual Brief Exercise 5-1 (with Excel File) updated

 UOP ACC 421 Week 3 Individual Brief Exercise 5-1 (with Excel File) updated

Check this A+ tutorial guideline at

 

http://www.homeworkrank.com/acc-421-uop/acc-421-week-3-individual-brief-exercise-5-1-with-excel-file-updated

For more classes visit

 

http://homeworkrank.com/

ACC 421 Week 3 Individual Brief Exercise 5-1 (with Excel File) updated

This Tutorial contains Excel File which can be used to solve for any values
 Exercise 5-1:
Pronghom corporation has the following accounts included in its December 31, 2017, trial balance: Accounts receivable $110,600, Inventory $293,500, Allowance for Doubtful Accounts $9,450, Patents $72,500, prepaid insurance $9,590, Accounts payable $81,200 and cash $30,200. Prepare the current assets section of the balance sheet.

 

UOP ACC 421 Week 3 Individual BE 24-8 (with Excel File) updated

UOP ACC 421 Week 3 Individual BE 24-8 (with Excel File) updated

Check this A+ tutorial guideline at

 

http://www.homeworkrank.com/acc-421-uop/acc-421-week-3-individual-be-24-8-with-excel-file-updated

For more classes visit

 

http://homeworkrank.com/

ACC 421 Week 3 Individual BE 24-8 (with Excel File) updated

This Tutorial contains Excel File which can be used to solve for any values

 

Brief Exercise 24-8 Answer each of the questions in the following unrelated situations

a)      The current ratio of a company is 5:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $485,500, what is the amount of current liabilities?

b)      A company had an average inventory last year of $196,000 and its inventory turnover was 5. If sales volume and unit cost remain the same this year as last inventory turnover is 8 this year, what will average inventory have to be during the current year?

c)      A company has a current assest of $89,000 (of which $42,000 is inventory and prepaid items) and current liabilities of $42,000. What is the current ratio? What is the acid-test ratio? If the company borrows $14,000 cash from bank on a 120 day loan, what will its current ratio be? What will the acid test ratio be?

d)      A company has a current assest of $570,000 and current liabilities of $250,000. The board of directors declares a cash dividend of $196,000.What is the current ratio? what is the current ratio after the declaration but before payment? What is the current ratio after payment of the dividend?

 

 

UOP ACC 421 Week 3 Individual BE 24-1 (Essay) (with Excel File) updated

 UOP ACC 421 Week 3 Individual BE 24-1 (Essay) (with Excel File) updated

Check this A+ tutorial guideline at

 

http://www.homeworkrank.com/acc-421-uop/acc-421-week-3-individual-be-24-1-essay-with-excel-file-updated

For more classes visit

 

http://homeworkrank.com/

ACC 421 Week 3 Individual BE 24-1 (Essay) (with Excel File) updated

This Tutorial contains Excel File which can be used to solve for any values

 


Brief Exercise 24-1 (Essay)
An annual report of Crestwood Industries states, “The company subsidiaries have long-term leases expiring on various dates after December 31,2017. Amounts payables under such commitments, without reduction for related rental income, are expected to average approximately $5,711,000 annually for the next 3 years. Related rental income from certain subleases to others is estimated to average $3,094,000 annually for the next 3 years”.
What information is provided by this note?