Explain one of the major accounting ratios to a group of high school students #1. Imagine that you’ve been asked to explain one of the major accounting ratios to a group of high school students who have no background in business or accounting, but who are eager to learn. Choose one of the following ratios … Read more
The main purpose of an income statement Respond to this student post, only 175 words response is needed, do not need a cover sheet. 2. The main purpose of an income statement is to so a broke down version that is easy for people to read of the income of the company. The … Read more
The concept of “articulation” between financial statement elements Write a 1,050- to 1,400-word paper that addresses the following scenario and questions: Your aunt recently received the annual report for a company in which she has invested. The report notes that the statements have been prepared in accordance with “generally accepted accounting principles.” She has also … Read more
Accounting principles Respond to the following in a minimum of 175 words: Discuss “generally accepted accounting principles,” or GAAP. How do accounting principles become “generally accepted,” and how are accountants made aware of these principles? What are the negative consequences, if any, that an account can expect who fails to follow GAAP? 2. Generally accepted … Read more
Financial statement analysis Financial Statement Analysis and Decision Making Develop a minimum 525-word examination of the financial statements and include the following Consider the ethical climate (internal or external) of Microsoft and Argo companies. Describe the ethical issues and impact on the stakeholders. What has been/is being done to resolve these issues? Do you agree … Read more
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