http://finance.yahoo.com/news/10-ways-boost-retirement-savings-163132107.html In addition to coursework related material, I like to incorporate real world examples & relevant news topics. Retirement & Retirement Planning are always relevant. Any comments/suggestions as it relates to these 10 tips? Any additional tips or value added suggestions for the class? Remember in an online class you are scattered all over the place and at different points in your lives. It's interesting to hear
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The fiscal year-end for the Northwest Distribution Corporation is December 31. The company's 2013 financial statements were issued on March 15, 2014. The following events occurred between December 31, 2013, and March 15, 2014. Event 1: On January 22, 2014, the company negotiated a major merger with Blandon Industries. The merger will be completed by the middle of 2014. In my opinion this is an event that should be disclosed on the financials. This doesn’t seem to be just a possibility.
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Accounting 310 week 2 Ratios : Types – different aspects of a firm * Liquidity – can they pay the bills as they come due? * Solvency – can they survive for a long period of time? – can they pay their long term debt? * Profitability – can they earn a satisfactory rate of return?, how efficient are they? * Activity or effectiveness – indicates efficiency and effectiveness of operations and asset management and use. * Gross margin percentage – what proportion of revenue can
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Progress Report for Week 1 ( 10/28/2012-11/04/2012) Accomplishments: This week was quite simple, what I tried to do is to take role as team lead; I only did this because I think it is important to keep a channel for communication open amongst the group. I made sure that Carolyn Erfe was aware that she was assigned to our group and that each individual had a contact listed. I tried to stay on top of each member and their progress in hunting down clients. I also took it upon myself to hunt down
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Case Study 2—Internal Control Due by Sunday of Week 5, 11:59 p.m., Mountain time LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The president wants to be aware of any new regulations required of his company if they go public, so he met with a colleague of yours at a local restaurant. The president of the company explained the current system of internal controls to your colleague
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1. Introduction In this essay, we make forecasting introduction of the prospective analysis method and the market valuation model to discuss the firm value. For financial market and the firm value analysis, valuation is the estimate process to the business and stock values. Considering the normal financial statement and accounting strategies of the assignment firm, the valuation is necessary to support the shareholders and investors in their buy and sell decisions. 2. Prospective Analysis From
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Case 1-8 A Faulty Budget Jackson Daniels graduated from Lynchberg State College two years ago. Since graduating from the college, he has worked in the accounting department of Lynchberg Manufacturing. Daniels was recently asked to prepare a sales budget for the year 2011. He conducted a thorough analysis and came out with projected sales of 250,000 units of product. That represents a 25 percent increase over 2010. Daniels went to lunch with his best friend, Jonathan Walker, to celebrate the
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REVIEW FOR EXAM 1: ACCT 5301 • Four basic financial statements, their objectives, and their relationships. • Assets, Liabilities, Owners’ Equity and their respective accounts. • Users of financial statements (internal and external) • GAAP, IFRS, and regulating bodies • Management responsibility with regard to financial reporting • Auditors’ responsibilities • Objective of financial reporting and qualitative characteristics • Operating, investing, and financing activities (know what they
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Acct 550 Course Project Prof. Scott XYZ Company Balance Sheet As of December 31, 2012 Assets Current Assets Cash 42,485 Account Receivable 165,824 Allowance for doubtful accounts 1,850 Net account receivable 163,974 Inventories 499,493 Securities(available for sale) at fair market value 28,250 Notes Receivable (due next year) 23,000 Prepaid Expenses 16,252 Total current assets 773,454 Non-current Assets Investments in Warren
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through some other source, or purchase an eText or loose leaf version of the book on the Connect website Here is the Connect accounting site for our course: http://connect.mheducation.com/class/p-jimenez-acct5130_spring2016 COURSE PREREQUISITE: ACCT 5020, ECON 5000, DSCI 5010. MATH 1190 or MATH 1400 or MATH 1710. This course cannot be taken for credit by students seeking a BS or MS in accounting. CATALOG DESCRIPTION: Designed to provide an understanding of managerial accounting data in making
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