Premium Essay

Week 2 - Wiley Plus Solutions

In:

Submitted By jmaguilar2002
Words 786
Pages 4
Question 1 | The comparative balance sheets of Nike, Inc. are presented here. | NIKE INC. | Comparative Balance Sheets | May 31 | -------------------------------------------------
($ in millions) | Assets | 2007 | 2006 | Current assets | $8,076 | $7,346 | Property, plant, and equipment (net) | 1,678 | 1,658 | Other assets | -------------------------------------------------
934 | -------------------------------------------------
866 | Total assets | -------------------------------------------------
$10,688 | -------------------------------------------------
$9,870 | | | | Liabilities and Stockholders' Equity | | | Current liabilities | $2,584 | $2,612 | Long-term liabilities | 1,079 | 973 | Stockholders' equity | -------------------------------------------------
7,025 | -------------------------------------------------
6,285 | Total liabilities and stockholders' equity | -------------------------------------------------
$10,688 | -------------------------------------------------
$9,870 | | |

| | |

| | | Correct. |
Complete the horizontal analysis of the balance sheet data for Nike using 2006 as a base. (If amount decreases, use either a negative sign preceding the number, e.g. -45 or parenthesis, e.g. (45). Round all percentages to 1 decimal place, e.g. 12.5.) NIKE, INC. | Condensed Balance Sheet | December 31 | -------------------------------------------------
($ in millions) | | | | Increase or (Decrease) | | 2007 | 2006 | Amount | Percentage | Assets | | | | | Current assets | $8,076 | $7,346 | $ 730 | 10 % | Property, plant and equipment (net) | 1,678 | 1,658 | 20 | 1.2 % | Other assets | -------------------------------------------------
934 | -------------------------------------------------
866 | -------------------------------------------------
68 |

Similar Documents

Free Essay

Syllabus Ac611

...CLASS: HB3: Thur OFFICE: Location: Phone: Fax: E-mail: Hours: AAC 222 781-891-2652 781-891-2896 yshen@bentley.edu (best way to contact me) Thur 5:00 PM – 6:30 PM, and by appointment 7:30 PM – 9:50 PM SMITH XXX REQUIRED RESOURCES: Intermediate Accounting with Wiley Plus software (15th edition) Kieso, Weygandt, and Warfield, John Wiley & Sons, 2015 Introduction to Financial Accounting, an online tutorial Harvard Business School (HBS) Publishing Students who prefer to have both hard copy and online access could purchase the “wrapped” edition (text plus the Wiley Plus software) at the Bentley bookstore. Students not buying the textbook from the Bookstore should purchase a Wiley Plus access code directly from the publisher. Please note that textbook and software both are required for AC 611. You will continue to use the same textbook for AC 612 as well, and the Wiley Plus access code would be valid for next semester as well. Wiley Plus also contains an etextbook, but you do NOT get a paper copy. Your Wiley Plus url address is http://www.wileyplus.com/class/461237 The Blackboard website of the course contains a variety of course resources like the solutions manual and powerpoints and other course related announcements. You can access the Blackboard site http://blackboard.bentley.edu from any location at any time. AC 611 Syllabus, Page #1 Log in to Centra to attend your class online and/or replay classes for review. When you are attending...

Words: 3892 - Pages: 16

Free Essay

Acc 561 Assignment Wiley Plus Week 5

...This file ACC 561 Assignment Wiley Plus Week 5 contains solutions to these exercises: E20-2 Zeller Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $12 and $25, respectively. Because of the intense competition Zeller faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2010 are as follows E20-5 Moreno Industries has adopted the following production budget for the first 4 months of 2011. BE21-4 Hannon Company expects to produce 1,200,000 units of Product XX in 2010. Monthly production is expected to range from 80,000 to 120,000 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. Complete the flexible manufacturing budget for the relevant range value using 20,000 unit increments. E22-5 The standard cost of Product B manufactured by Mateo Company includes three units of direct materials at $5.00 per unit. During June, 28,000 units of direct materials are purchased at a cost of $4.70 per unit, and 28,000 units of direct materials are used to produce 9,000 units of Product B. Business - Accounting E20-2 Zeller Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $12 and $25, respectively. Because of the intense competition...

Words: 355 - Pages: 2

Free Essay

Manageral Acct

... Study Objectives Question s Do It! Exercises 1. Indicate the benefits of budgeting. 1, 2, 4 1 2. State the essentials of effective budgeting. 3, 5, 6, 7, 8 1 1 3. Identify the budgets that comprise the master budget. 9, 10, 11, 12, 13, 14, 15, 16 1, 2, 3, 4, 5, 6, 7 1, 2, 3 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 1A, 2A, 3A 1B, 2B, 3B 4. Describe the sources for preparing the budgeted income statement. 17, 18 8 4 13 1A, 2A, 3A, 6A 1B, 2B, 3B 5. Explain the principal sections of a cash budget. 19, 20 9 5 14, 15, 16, 17, 18, 19 4A, 6A 4B 6. Indicate the applicability of budgeting in nonmanufacturing companies. 21, 22 10 3,18, 19, 20 5A 5B Copyright © 2010 John Wiley & Sons, Inc.   Weygandt, Managerial Accounting, 5/e, Solutions Manual   (For Instructor Use Only) 9-1 ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1A Prepare budgeted income statement and supporting Simple 30–40 Correlation Chart between Bloom’s Taxonomy, Study Objectives and End-of-Chapter Exercises and Proble budgets. Study Objective 2A Knowledge Prepare sales, production, direct materials, direct labor, Comprehension and income statement budgets. Application Analysis Simple 40–50 3A 1. Q9-1 Q9-2 Q9-4 E9-1 5A Prepare sales and production budgets and compute cost Synthesis per unit under two plans. Evaluation ...

Words: 12560 - Pages: 51

Premium Essay

Budgetary Control and Responsibility Accounting

...development of flexible budgets and the usefulness of flexible budget reports. Describe the concept of responsibility accounting. Indicate the features of responsibility reports for cost centers. Identify the content of responsibility reports for profit centers. Explain the basis and formula used in evaluating performance in investment centers. Explain the difference between ROI and residual income. Questions 1, 2 Brief Exercises Do It! Exercises 1 A Problems B Problems 2. 3, 4, 5 1, 2 1, 2, 8, 10 3A 3B 3. 6, 7, 8, 9, 10, 11, 12 3, 4, 5 1, 2 1, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 1A, 2A, 3A 1B, 2B, 3B 4. 13, 14, 15, 16, 17, 18, 24 19 6 13 6A 6B 5. 9, 11, 14 6. 20, 21 7 3 15, 16 4A 4B 7. 22, 23, 24 8, 9, 10 4 16, 17, 18, 19 5A 5B *8. 25, 26 11, 12 20, 21 7A 7B *Note: All asterisked Questions, Exercises, and Problems relate to material contained in the appendix to the chapter. Copyright © 2012 John Wiley & Sons, Inc. Weygandt, Managerial Accounting, 6/e, Solution Transparencies (For Instructor Use Only) 10-1 ASSIGNMENT CHARACTERISTICS TABLE Problem Number 1A Description Prepare flexible budget and budget report for manufacturing overhead. Prepare flexible budget, budget report, and graph for manufacturing overhead. State total budgeted cost formula, and prepare flexible budget reports for two time periods. Prepare responsibility report for a profit center...

Words: 15393 - Pages: 62

Free Essay

Lab for Physics

...and leave a message on voice mail, or leave a written message at the Department of Physics office. NEVER stick anything under my door. In very serious circumstances, please call the Department of Physics office: 585-312-3044. OFFICE HOURS: Monday, Wednesday: 4:00 PM – 5:00 PM. Tuesday, Thursday: 12:45 PM – 1:45 PM. I will make a very serious attempt to be in my office during formal office hours. You may visit my office at anytime. I am usually able to interrupt what I am doing and help you. Occasionally, I may ask you to return at another time if I am busy. SCOPE OF THE COURSE: Translational mechanics plus some additional material if time allows. This material is covered in Chapters 1-7 of our text. REQUIRED ITEMS: 1.) TEXT: Physics, Cutnell and Johnson, 10th edition, 2015, Wiley Choose one of the following options: a.) Buy a new or used 10th edition. Book comes in hardcover, loose leaf, and paperback. Vol I and Vol II can be bought separately in the paperback version. PHY 111 only uses material from Vol I. Our bookstore have the combined Vol I and Vol II version. b.) Buy the e-book version of the 10th edition. Sometimes an e-book can be purchased for a reasonable additional amount when you by a WebAssign access code (see next item). c.) Rent the textbook. I will integrate the text into the course....

Words: 981 - Pages: 4

Premium Essay

Human Resource Management

...supervisor, hereinafter referred to as Wadu in respect for his privacy. Wadu is a native of an East-Asian country. He arrived in New York at the age of twenty and immediately enrolled at a local community college. Many years of hard work paid off and he earned his degree in electrical engineering from The City University of New York. He joined the United States Patent and Trademark Office (USPTO) after graduation and obtained a job as a patent examiner. He worked his way through the examiner ranks and eventually became a primary patent examiner and most recently, a supervisory patent examiner. He currently oversees the work of over ten employees, trains newly hired examiners, and acts as the senior head of his workgroup. Wadu’s twenty-plus years of as an employee at the USPTO has brought large amounts of information pertaining to leading employees, promoting the views of the agency, and guiding employees towards a path of success. From observation, Dawu exhibits certain daily behaviors that separate him from other supervisors. One behavior I...

Words: 2220 - Pages: 9

Premium Essay

Ifrs Paper

...Course Materials Click here to view the required and recommended materials to be purchased and to access ordering information. Course Description (Students should be cautious about enrolling in ACCT 310 or ACCT 311. These are professional courses requiring intensive study and analysis and are not to be undertaken casually. Students who have not taken ACCT 221 within the last two years may have difficulty.) Prerequisites: BMGT 110 (or at least two years of business or management experience) and ACCT 221. A comprehensive analysis of financial accounting topics involved in preparing financial statements and in external reporting. Students may receive credit for only one of the following courses: ACCT 310 or BMGT 310. Course Goals/Objectives This course should help you develop the ability to apply GAAP to a variety of complex accounting and financial reporting situations. The specific goals of this course are to: • provide a more extensive understanding of financial accounting principles and procedures and their role in the managerial decision-making process, through (a) the textbook and other written materials, (b) discussion of accounting topics via Web conferencing and online case study assignments, (c) research on the World Wide Web, and (d) FARS / Financial Accounting Research System • present financial accounting processes, procedures, terminology, concepts, and case studies • provide a higher level of problem-analysis and problem-solving ability through...

Words: 1838 - Pages: 8

Premium Essay

Qbus5001

...BUSINESS SCHOOL Unit of Study Outline Unit Code QBUS5001 Unit Title Quantitative Methods for Business Semester 2, 2013 Pre-requisite Units: None Co-requisite Units: None Prohibited Units: ECMT5001, QBUS5002 Assumed Knowledge and/or Skills: Basic calculus, basic concept of probability and statistics Unit Coordinator: Dr Boris Choy Address: Room 482, Merewether Building(H04), The University of Sydney NSW 2006 Email: boris.choy@sydney.edu.au Phone: 0293512787 Consultation Hours: Mondays 2pm-3pm at Room 482, H04 Class Day(s): Thursdays 6pm-9pm at Merewether Lecture Room 5, H04 Required Text / Resources: 1. Textbook: Selvanathan E.A., Selvanathan, S & Keller, G. (2011) Business Statistics, Australia & New Zealand 5th Edition. CENGAGE Learning. www.cengage.com.au/selvanathan5e 2. Online resources: Blackboard and Aplia 3. Software: MS Excel with Data Analysis Plus add-in This Guide to Unit Learning Content and Assessment MUST be read in conjunction with the Business School Student Administration Manual for information about all processes (sydney.edu.au/business/currentstudents/student_information/student_administration_manual) and the Business School unit of study common policy and implementation information that apply to every unit of study offered by the Business School (http://sydney.edu.au/business/currentstudents/policy). In determining applications and appeals relating to these matters it will be assumed that every student has taken the time to familiarise themselves...

Words: 3798 - Pages: 16

Premium Essay

Project

...best-selling case describes a project to implement a new strategic plan involving major changes in layout, staffing, quality, product design, and information systems. The coordination and integration of all these project activities is what makes the plan successful, and hard for competitors to imitate. Two teaching notes are available for this case: 5-692-091 (20 pages) and 5-196-073 (12 pages). Harvard: 9-694-059 Hardcard Project: Plus Development Corp. (A1); 9-694-060 Hardcard Project: Plus Development Corp. (A2) This 10-page (12-pages for A2) case allows the students to evaluate, using Microsoft Project software, the time line, resource allocations, and other aspects of a major project concerned with developing a hard disk drive. The perspective is from that of the VP of engineering. The (A2) case updates the project and the students have to determine whether a specific market introduction date will be feasible for the project. (Note: this case duplicates some of the information in the Plus Development Corp. case suggested for Chapter 2.) Harvard: 9-193-013 American Airlines: The InterAAct Project (A) and...

Words: 3660 - Pages: 15

Free Essay

The Kellogg Company Optimizes Production, Inventory, and Distribution

...The Kellogg Company Optimizes Production, Inventory, and Distribution Gerald Brown gbrown@nps.navy.mil Operations Research Department Naval Postgraduate School Monterey, California 93943 Kellogg Company, P.O. Box 3599 Battle Creek, Michigan 49017–3599 Kellogg Company, P.O. Box 3423 Battle Creek, Michigan 49016–3423 Operations Research Department Naval Postgraduate School Joseph Keegan joe.keegan@kellogg.com Brian Vigus brian.vigus@kellogg.com Kevin Wood kwood@nps.navy.mil For over a decade, the Kellogg Company has used its planning system (KPS), a large-scale, multiperiod linear program, to guide production and distribution decisions for its cereal and convenience foods business. An operational version of KPS, at a weekly level of detail, helps determine where products are produced and how finished products and in-process products are shipped between plants and distribution centers. A tactical version of KPS, at a monthly level of detail, helps to establish plant budgets and make capacity-expansion and consolidation decisions. Operational KPS reduced production, inventory, and distribution costs by an estimated $4.5 million in 1995. Tactical KPS recently guided a consolidation of production capacity with a projected savings of $35 to $40 million per year. T he Kellogg Company has been using a large-scale linear program, the Kellogg Planning System (KPS), for more than a decade to guide its operational (weekly), production, inventory, and distribution decisions...

Words: 7315 - Pages: 30

Premium Essay

St Dismas Assisted Living Facility -- 1

...best-selling case describes a project to implement a new strategic plan involving major changes in layout, staffing, quality, product design, and information systems. The coordination and integration of all these project activities is what makes the plan successful, and hard for competitors to imitate. Two teaching notes are available for this case: 5-692-091 (20 pages) and 5-196-073 (12 pages). Harvard: 9-694-059 Hardcard Project: Plus Development Corp. (A1); 9-694-060 Hardcard Project: Plus Development Corp. (A2) This 10-page (12-pages for A2) case allows the students to evaluate, using Microsoft Project software, the time line, resource allocations, and other aspects of a major project concerned with developing a hard disk drive. The perspective is from that of the VP of engineering. The (A2) case updates the project and the students have to determine whether a specific market introduction date will be feasible for the project. (Note: this case duplicates some of the information in the Plus Development Corp. case suggested for Chapter 2.) Harvard: 9-193-013 American Airlines: The InterAAct Project (A) and 9-193-014...

Words: 3681 - Pages: 15

Premium Essay

Acct 301a Csuf

... | |Phone |: |657-278-3938 | |Email |: |krli@fullerton.edu | |Office Hours |: |T 1:00-4:00PM (Subject to Change) | | | | | REQUIRED TEXT AND MATERIALS Kieso, D. E., J. J. Weygandt and T. D. Warfield, 2014 FASB Update Intermediate Accounting, 15th edition, John Wiley and Sons, 2014. We will use WileyPLUS (www.wileyplus.com) for homework; WileyPLUS is required. If you purchase WileyPLUS, you get a softcopy of the books automatically. If you purchase new books as hard copies, WileyPLUS is included. PREREQUISITE The prerequisites for ACCT 301A are: 201A, 201B and completion of all lower-division business administration courses with a grade of C or better. If you have not completed these prerequisites, you may be administratively dropped from this...

Words: 3025 - Pages: 13

Premium Essay

Hsa500 Business Paper

...RUNNING HEAD: Week 6 Assignment #2 Week 6 Assignment #2 Strayer University Online November 13, 2014 Reforms for slowing the growth in health care spending and increasing the value of care have largely focused on insurance-based solutions. Consumer-driven health care represents the most recent example of this approach. However, much of the growth in health care spending over the past twenty years is linked to modifiable population risk factors such as obesity and stress. Rising disease prevalence and new medical treatments account for nearly two-thirds of the rise in spending. To be effective, reforms should focus on health promotion, public health interventions, and the cost-effective use of medical care. Disease prevention/health promotion approaches are key to slowing the rise in health care spending (Thorpe, Kenneth 2014). Over the past five years the cost of health insurance has risen 54 percent. This persistent rise has recently been attributed to the low out-of-pocket costs paid by consumers. Being oblivious to not knowing the full costs associated with health care, consumers demand more and “overuse” it (moral hazard). The growth in spending has also been linked to the rising use of prescription drugs and new medical innovations and treatments. Many others believe the rise can be traced to the lack of competition in the health care marketplace and have proposed new approaches for health plans to compete on price and outcomes. Economists thinking about...

Words: 1133 - Pages: 5

Premium Essay

Accounting

...Finance 423 Summer 2014 Financial Analysis and Management Dr. Kamal M. Haddad COURSE OBJECTIVES Fin 423 is designed to develop critical thinking at the individual level, and problem solving competencies at both the individual and group levels. Teamwork and group problem solving are stressed. The course provides a thorough overview of financial analysis, including relevant modern theory and practical applications. Topics include financial statement analysis, financial planning, principles of valuation, capital budgeting, capital structure, and issues in financial policy. The course gives students opportunities to apply financial theory to analyze real life situations in an uncertain environment with an incomplete data set. It is integrative in nature, with special attention to the integration of theory and managerial judgment in the process of making financial decisions. BSBA Goals BSBA students will graduate being Effective Communicators, Critical Thinkers, Able to Analyze Ethical Problems, Global in their perspective, and Knowledgeable about the essentials of business. This class contributes to those goals through its student learning outcomes. LEARNING OBJECTIVES Use Financial Statements to evaluate firm performance. Project Financial Statements (B/S, I/S, budgets, etc.). Use Financial Statements to obtain Cash Flows for the firm and equity holders. Calculate and project Free Cash...

Words: 2505 - Pages: 11

Premium Essay

Project Controls

...when looking for data integration tools Compliments of Brian Underdahl These materials are © 2014 John Wiley & Sons, Inc. Any dissemination, distribution, or unauthorized use is strictly prohibited. Data Integration Informatica Special Edition by Brian Underdahl These materials are © 2014 John Wiley & Sons, Inc. Any dissemination, distribution, or unauthorized use is strictly prohibited. Data Integration For Dummies® Informatica Special Edition , Published by John Wiley & Sons, Inc. 111 River St. Hoboken, NJ 07030-5774 www.wiley.com Copyright © 2014 by John Wiley & Sons, Inc., Hoboken, New Jersey No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the Publisher. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions. Trademarks: Wiley, For Dummies, the Dummies Man logo, The Dummies Way, Dummies.com, Making Everything Easier, and related trade dress are trademarks or registered trademarks of John Wiley & Sons, Inc. and/or its affiliates in the United States and other countries, and may not be used without written...

Words: 13914 - Pages: 56