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
Capital structure Define each of the following terms: Capital structure; business risk; financial risk Operating leverage; financial leverage; break-even point Reserve borrowing capacity (15-2) What term refers to the uncertainty inherent in projections of future ROIC? (15-3) Firms with relatively high nonfinancial fixed costs are said to have a high degree of what? (15-4) “One … Read more
Positive Cash Flow Positive Cash Flow Discussion Post What sorts of businesses would have the greatest challenge in having a positive cash flow? That is, what sort of businesses would need access to a large amount of working capital to keep going? Conversely, can you identify a type of business model where there is likely … Read more
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