HVT project 1

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What does the Income Statement tell a financial statement analyst about how a business is performing? What are some of the key components of an Income Statement? Find a current annual report of a public company you would like to work for, and review the company's Income Statement. Let the class know what company you researched and how the business is doing from your review and analysis of the Income Statement.

Choose a major publicly traded corporation, then go to the corporation's site and retrieve the information needed for this assignment.  Provide information about the history of the corporation and its current product offerings.  Provide a screenshot of the corporate’s latest reported income statement.  Organize the income statement in an Excel file to enable you to verify the arithmetic in the income statement, and explain your verifications. Also, explain the nature of each item in the income statement.    Information for the Hi-Test company’s production process for September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process. Work in process inventory, September 1 (2,000 units, 100% complete with respect to direct materials, 80% complete with respect to direct labor and overhead; consists of $45,000 of direct materials cost and $56.320 conversion cost). = $101,320 Costs…

Choose a major publicly traded corporation, then go to the corporation's site and retrieve the information needed for this assignment.  Provide information about the history of the corporation and its current product offerings.  Provide a screenshot of the corporate’s latest reported income statement.  Organize the income statement in an Excel file to enable you to verify the arithmetic in the income statement, and explain your verifications. Also, explain the nature of each item in the income statement.    Information for the Hi-Test company’s production process for September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process. Work in process inventory, September 1 (2,000 units, 100% complete with respect to direct materials, 80% complete with respect to direct labor and overhead; consists of $45,000 of direct materials cost and $56.320 conversion cost). = $101,320 Costs…

You are an accountant with a client that wants to set up a new company.  She has come to you to ask what type of company to form.  She is trying to decide between a corporation, an LLC, or a sole proprietorship.  Taking into account the ability to raise capital, liability protections, taxation issues, ability to transfer ownership, and any other aspects you can discover discuss the pros and cons of the various entity forms.  You can use your textbook but you should consult other courses as well.   (It depends on what kind of company your client is opening and what they want to accomplish.  The best you can do is give the client some information to think about. This post should cover the general aspects of the various type of business entities.)

Assignment 1: Financial Statement Analysis and Interpretation of the Results • Select two different corporations (from the same industry) publicly traded in the US Stock Exchange Markets. (NYSE, NASDAQ) o Make sure the companies you select are traded in same currency (USD, Euro, GBP) o Please get the approval for the names of the firm before you start your work. • The analysis of same company by different students will not be graded • Download the necessary financial statements for the companies for 2021 and 2020 o For data collection you can use: finance.yahoo.com or finance.google.com Part 1: Apply the financial analysis for the last two years using ratios covered in Chapter 3. Use excel formulas for calculation of the ratios on a separate sheet (manual calculations will not be graded!) You are not responsible for Part 5 (V. Market Value) ratios Some companies may not have all the data due to their variations in industries. If you face missing data just skip that ratio (mention as…

Create your own company describing the nature of the company and what it provides (should be providing services like consulting and digital marketing, not retail (no COGs)), and assume it is a sole proprietorship. Show in details the Accounting cycle (journalizing in general journal, posting in general ledger and preparing financial statements ) taking into consideration the following : Transaction to start with not less than 25 transactions ( including at least one unearned and one prepaid transactions ) Use the coding for the accounts used During the adjusting period please make sure you have covered all six categories discussed in class Make sure to show the method used to calculate the depreciation highlighting over the reason on choosing this specific method Complete the accounting cycle till closing stage and present all financial statements and reports needed .

Management accounting system prepares reports for presentation to various levels of management which show the performance of various sections of the business. Such communication in the form of reports to various levels of management helps to exercise effective control on various business activities and successfully running the business. Select one: O True O False Next page empt An Exam Jump to... FINAL EXAM - e to search F7 5 o6 1

perform the analysis for Exxon Mobil • Company background: Name of company, Auditor, Industry, Market Capitalization, & name of Stock Exchange where the company is listed. • Accounting Analysis: Briefly evaluate the company's accounting choices and accrual estimates. • Company's Activities & Competition: Briefly describe the company's activities and history and include any major event(s) that took place in the last 3 years (major investments, mergers, spin-offs, a new line of activity, stock issue, etc.). Name your company's major competitor. • Industry trends: Anything noticeable in the company's industry in recent years? • Ratio Analysis - going back 5 years: Your ratio analysis should include liquidity, asset management, profitability, and debt management ratios, as well as ratios related to the performance of the stock. Aside from analyzing trends, you should compare your ratios with industry averages or, if not available, with the ratios of one of your company's main competitors.…

Role of controller, role of chief financial officer. George Jimenez is the controller at Balkin Electronics, a manufacturer of devices for the computer industry. The company may promote him to chief financial officer. 1. In this table, indicate which executive is primarily responsible for each activity.   2. Based on this table and your understanding of the two roles, what types of training or experience will George find most useful for the CFO position?

Why are so many businesses structured as sole proprietorships when the corporate form of business offers more advantages? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).

Exploring a Corporation's Financial Statements Use Yahoo Finance to complete this assignment. Please note that website information changes over time, and these changes may limit your ability to answer some of these questions. Using financial websites such as finance.yahoo.com and money.msn.com, you can access a wealth of financial information for companies such as Tesla, Inc. By entering the company's ticker symbol, TSLA, you will be able to access a great deal of useful information, including a summary of what Tesla does (Profile), a chart of its recent stock price (Summary), EPS estimates (Analysts), recent news stories (Summary), and a list of key financial data and ratios (Statistics). In researching a company's operating performance, a good place to start is the recent stock price performance. From an interactive chart, you can obtain a chart of the company's stock price performance and compare it to the overall market (as measured by the S&P 500 index). As you will see, Tesla has…

Please answer all the three questions of multiple choice questions. I need help from expert. In 30 minutes answr it don't copy from any website. Correct answrs please.

j. Read Foot Note 1 to learn about if the company has any parents or subsidiaries. Are there any parents, subsidiaries, or sister companies? No the company does not have any subsidiaries, parents, sisters. Scan the other notes for any potentia

1. When should you select settings and customizations for your company file? A. At the time you create the company file B. As work related to the settings comes up C. Before the end of the business's first fiscal year D. In the second quarter 2. What is the Chart of Accounts? A. The list of accounts for each transaction in the accounting system or general ledger B. The menu of products and services that the company offers its customers C. The full list of account numbers associated with the company's customers and vendors D. The balance of each account as of the start date of the business 3. Which of these would be an appropriate start date for a business? A. December 31 of the current year B. The first day of a period, month, quarter, or year C. The day of your first expense D. The day of your first sale 4. What is an historical transaction? A. A transaction that occurred before the start date of the company B. A transaction that appears in the company file by default in QuickBooks…

Tarun has decided to roll out his own startup and plans to register a One Person company. Inform him about the provisions of Companies Act with respect to OPC. Also, consult him on the documentation required to register such a company.

Identify any Two (2) Public Listed Company listed under the Main Market of Bursa Malaysia originating from the same industry. Download the most recent annual report of the companies you have chosen. Analyze and compare the annual reports and critically assess the difficulties in preparing a set of useful financial statements, which exhibits all the primary qualitative characteristics necessary for all users of financial statements( E.g. Comparability ). How well do you feel that your chosen companies have achieved this purpose ? ( Minimum 1200 words )

Two different questions. Please answers as soon as.

Question:a) Who is the Father of Accounting?                                                                  b) Explain his contributions? Note: Do not Copy From Internet Make Own Concept Answer

Create your own company describing the nature of the company and what it provides (should be providing services and assume it is a sole proprietorship). Show in details the Accounting cycle (journalizing in general journal, posting in general ledger and preparing financial statements) taking into consideration the following: Create your own company describing the nature of the company and what it provides (should be providing services and assume it is a sole proprietorship) .Show in details the Accounting cycle (journalizing in general journal, posting in general ledger and preparing financial statements) taking into consideration the following: .