Transactions in the Accounting System

Access the glossary (“Master Glossary”) at the FASB Codification website to answer the following. What is the definition of fair value? What is the definition of revenue? What is the definition of comprehensive income? Item 2 Recording transactions in the accounting system requires knowledge of the important characteristics of the elements of financial statements, such as assets and liabilities. In addition, accounts must understand the inherent uncertainty in accounting measures and distinctions between related accounting concepts that are important in evaluating the effects of transactions on the financial statements. Go to http://aaahq.org/asclogin.cfm to log in and provide explanations for the following items. (Provide paragraph citations.) The three essential characteristics of assets. The three essential characteristics of liabilities. Uncertainty and its effect on financial statements. The difference between realization and recognition. Item 3 Your great-uncle, who is a CPA, is impressed that you are majoring in accounting. He believes that depreciation is something that companies do based on past practice, not on the basis of any authoritative guidance. Provide the authoritative literature to support the practice of fixed-asset depreciation. Item 4 What is the nature of SEC guidance concerning property, plant, and equipment disclosures? General Requirements APA style is not required, but solid academic writing?is expected. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance. Items 1-4 provided with permission for use in ACC-616 from: Keiso, D. E., Weygandt, J. J., & Warfield, T. D. (2016). Intermediate accounting (16th ed.). Danvers, MA: John Wiley & Sons, Inc.

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Finance Paper

BACKGROUND OF THE PROBLEM: The market situation:  The risk-free rate is 5% and the market risk premium is 8%.  The firm’s corporate tax rate is 35%.  The firm has a beta of 1.10. Common Stock is listed on the balance sheet of this company at $25 million.  The Total Retained Earnings (meaning RE + Additions to Retained Earnings) is listed on the balance sheet as $50 million. Long-term Debt consists of one outstanding bond issue with a face value of $75 million dollars, an 8 percent coupon rate and it sells for 93 percent of par.  A proposed project has expected cash inflows of year 1, $30,000; year 2, $40,000; year 3, $30,000 and year 4, $40,000.  There is no residual value at the end of year Deliverables ANSWER THE FOLLOWING in 5 pages (be sure to see paper requirements below for more expectations):What is the cost of equity using the CAPM? What is the cost of debt using Book Valuation? What is the capital structure of the organization using book values? What is the weighted Average Cost of Capital (WACC)? What is the Net Present Value of the proposed Project? Should the company purchase this project using your computed data?  Explain.What literature article supports Net Present Value over IRR or Payback Paper Requirements The cover page and reference page/s are not included in the page requirement or word count of 5 pages for this assignment. These should be in addition to page requirements. Papers need to be formatted in proper APA 6th Edition style. Each paper requires a minimum of at least three outside peer-reviewed sources for your references. Acceptable/credible sources include: Academic journals and books, industry journals, and the class textbook.   You could use credible business website sources in addition to the peer-reviewed required sources, but avoid Wikipedia and Google. These are academic papers that need to include scholarly research. Using your textbook is required as well to demonstrate that you have read the required material. TEXTBOOK: Foerster, S. (2015). Financial Management. 

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Purpose of the Balance Sheet

What is the purpose of the balance sheet? Be sure to discuss the three key elements that make up the balance sheet. How does the balance sheet related to the income statement?

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2008/2009 Financial Crisis

Research two areas that you believe are primary contributors to the ’08-’09 financial crisis for both the U.S and Iceland.Find two newspaper or magazine articles about the impact of the banking/financial crisis for both the US and Iceland. Please properly cite all resources.

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Urban/Rural Impact on Personal

Based on the ERIN website described in the chapter, you need to compare a rural county with an urban county of your choice in Georgia. (Lowndes cannot be the county of your choice. Use the EXCEL file titled ‘rural and urban counties 2013’ to determine whether a county is urban or rural). Compare and contrast the trends the counties are on, and talk about how the different measures may impact the financial health of those living in the counties of your choice. ERIN website:

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Corporate Finance the three Important Financial Statements

Discuss the importance of the three most important financial statements of an organization, namely the Income Statement, Balance Sheet, and the Statement of Cash Flows. In addition to these statements, investors look at the ratios or ratio analysis provided by organizations in order to invest in them. Why are these ratios important. For example, why is the liquidity, debt to income, or equity ratio important?

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Global Strategies Development

Within the Discussion Board area, write 600–800 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.. As the firm looks for ways to offset the domestic downturn in sales, Deborah, the CEO of your company, wants to determine if a global strategy is a good fit for the organization. She has designated you as the manager for this project. You will work with your team to develop a global marketing plan for your organization. You begin your research in deciding if and what the global strategy should be. You get your team together and begin to discuss a plan on how you will research this possibility. You start the meeting by saying “Let’s brainstorm and start to get a plan together for a possible globalization strategy. Tiffany, I’d like you work with me to begin researching possible locations.” Tiffany says, “I think we need to research some locations, but I think there is more to it than that. There still needs to be a decision on the type of strategy or approach we are taking. Would we use a multidomestic approach, a global approach, or a transnational approach? I’m still not entirely convinced a global strategy is the answer.” “Great point, Tiffany. It is obvious to me as well that we need to explore a strategy that will put us in a better position to handle the economic downturn. We have to provide the board with the facts. They seem to be leaning in the direction of a global strategy, but I’m not sure it’s the right move either. That’s why we need to do research.” Domestic profit margins have dropped by 2% this quarter. You wonder how you and your team can help fix this. Is a global strategy the answer, or should the company continue to focus on the domestic market? You call a team meeting to learn about the progress of their research. Tiffany, one of your team members, begins the discussion. “I think we need to look at some of the internal factors,” she says. “We know what our capabilities are on the domestic front, but what about in the global market? We have a fairly strong market presence here in higher-end markets, but how does that translate globally?” Discuss the following: How do you define a global strategy? Compare and contrast global strategy with other international expansion strategies. Identify a minimum of 3 possible countries for globalization. Research each of these locations in the furniture industry, and document both the pros and cons of using these in global strategy. What country would you choose? What evidence can you provide in support of your choice? What evidence might somebody else, who does not agree with you, provide to support an alternative choice?

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Most Admired Business or Business Person

Most Admired Business or Business Person

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Safety Program Management

Safety Program Management

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Sports Economics

Sports Economics

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