Assessment 1 booklet 2024 S1 Completed

Solar Solutions began operations on January 1, 2015, and is now in its sixth year of operations. It is a retail sales company with a large amount of online sales. The adjusted trial balance as of December 31, 2020 appears below, along with prior year balance sheet data and some additional transaction data for 2020. SOLAR SOLUTIONS Adjusted Trial Balance 12/31/2020 2020 2019 Account Title Adjusted Trial Balance Post-Closing Trial Balance Debit Credit Debit Credit Cash $ 122,200 55,000 125,600 Accounts Receivable 35,000 Prepaid Insurance 5,000 6,000 |Inventory Office Equipment Machinery & Tools Accumulated Depreciation Accounts Payable Salaries Payable Sales Tax Payable Note Payable-Long Term Common Stock, $10 par 46,000 15,600 63,000 47,000 59,000 21,000 21,000 16,000 11,200 16,800 2,600 2,700 2,000 4,000 31,000 22,100 240,000 160,000 Retained Earnings 28,600 28,600 Dividends 10,000 Sales Revenue Cost of Goods Sold Rent Expense Salaries Expense 235,000 127,600 20,000 36,000 Insurance…

Define measurement as per the conceptual framework. List and briefly explain the measurement methods reviewed in class this week. Does the Conceptual framework prescribe which measurement base should be used?

Complete a financial analysis of the company financials for Quixote Consulting. Use the Excel Template titled: "Unit 4 Financial Report Analysis Template.” Be sure to review the Excel tab titled “Hints & Instructions” before you attempt the assignment tab. Note: This Quixote Company file will be your graded Unit 4 assignment, not the Rainbow Company practice assignment. When you are ready, you may submit your Quixote Ratio Analysis Excel template to the Unit 4 Dropbox page. Note: Include your name in the filename of the assignment. Very Important Note: The Practice Set is based on data for “Rainbow Paint Company.” Do NOT submit the Rainbow solutions in the Unit 4 assignment Dropbox. The Unit 4 assignment is based on the Quixote data accumulated in Units 2 and 3. However, The Rainbow Paint Company data will be a VITAL and integral component of your Unit 9 final project. So, please complete the practice exercise AND keep your work saved in a file for later use. Quixote Consulting…

The initial analysis should include the following: The ratio equation The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook.  Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.  Then explain whether this is a good result or a result that needs improving. Use citations to cite any outside sources used. The original post should include at least three (3) sentences but no more than seven (7) sentences.

The initial analysis should include the following: The ratio equation The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook.  Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.  Then explain whether this is a good result or a result that needs improving. Use citations to cite any outside sources used. The original post should include at least three (3) sentences but no more than seven (7) sentences.

The initial analysis should include the following: The ratio equation The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook.  Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.  Then explain whether this is a good result or a result that needs improving. Use citations to cite any outside sources used. The original post should include at least three (3) sentences but no more than seven (7) sentences.

The initial analysis should include the following: The ratio equation The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook.  Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.  Then explain whether this is a good result or a result that needs improving. Use citations to cite any outside sources used. The original post should include at least three (3) sentences but no more than seven (7) sentences.

The initial analysis should include the following: The ratio equation The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook.  Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.  Then explain whether this is a good result or a result that needs improving. Use citations to cite any outside sources used. The original post should include at least three (3) sentences but no more than seven (7) sentences.

The initial analysis should include the following: The ratio equation The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook.  Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.  Then explain whether this is a good result or a result that needs improving. The original post should include at least 7 sentences

Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.Paul Duncan, financial manager of EduSoft Inc., is facing a dilemma. The firm was founded 5 years ago to provide educational software for the rapidly expanding primary and secondary school markets. Although EduSoft has done well, the firm's founder believes an industry shakeout is imminent. To survive, EduSoft must grab market share now, and this will require a large infusion of new capital.Because he expects earnings to continue rising sharply and looks for the stock price to follow suit, Mr. Duncan does not think it would be wise to issue new common stock at this time. On the other hand, interest rates are currently high by historical standards, and the firm's B rating means that interest payments on a new debt issue would be prohibitive.…

Requirement make a brief detailed report maximum 2 page on ABC company as a new junior analyst keeping in mind all areas which were studied in Financial Management subject at undergraduate level. You can take assumptions with valid logical reasoning. All relevant ratios of five years are given with broad category, read carefully and write based on various performance areas given in these financial highlights. You can discuss all ratios based on the broader category given in this question.

After completing your first degree in accounting you have been employed by XYZ Company as an account officer. The Management of the company has tasked you to implement a computerized accounting system.RequiredIn a paragraph each, address the following questions:a) Discuss five benefits associated with the implementation of the computerizedaccounting system within the company.b) Giventhattherearesomanyaccountingpackagesonthemarket,whatshouldyoube looking for when selecting a computerized accounting package for the company?Explain any five factors to considerc) Assuming you procure a Sales Ledger package, what kind of reports should weexpect? List five types of reports expected to be generated.d) Explainthedifferencebetweenastand-alonepackageandanintegratedpackage?Explain two advantaged and two disadvantages of an integrated packagee) Before a new accounting package can be deployed, it needs to be configured. What does it mean to configure an accounting package? Explain the processes…

This week, your assignment will involve creating dashboards using Power BI and identifying audit data requirements using Microsoft Excel.  The Critical Thinking assignment opens at the start of the week in which it is scheduled. The assignment is due by 11:59 PM MT Sunday of the same week. Please refer to CSU Global's late policy for Critical Thinking assignments if you have any questions on due dates. Required Complete the following activities: Using Connect, follow the instructions to complete Lab 5.2 Create a Dashboard Based on Common Data Model with Microsoft Power BI (pp. 267 - 271) and Lab 5.4 Identify Audit Data Requirements with Excel (pp. 275 – 277) in your textbook. Assignment Instructions and Questions: Login to Connect, follow the instructions, video, and download the data files.  Save all screenshots (label each screenshot as noted in the assignment) Objective Questions: Complete in Connect.  This assignment has no time limit; however, you have two attempts to complete…

Performance Task #2. Case Study Instructions: Analyze the given situations and prepare what is asked for you to compute. Answers must be in a paragraph form. Place your output in your notebook. God bless! You are auditing the financial statements of Sakura Store, a retailer of sporting goods, appliances, and electronics. During the prior years' audits of Sakura Store, you noticed that management was less concerned about the timely recording of liabilities and expenses than assets and revenues. As a result, very little of Sakura Store's internal control resources were expended in assuring an accurate and timely recording of accounts payable. You also believed that Sakura Store's management may be motivated to delay recording its liabilities at year end, so you are currently approaching the search for unrecorded liabilities with caution. Questions: a. Wha are the substantive auditing procedures would you perform in searching for Sakura's unrecorded liabilities? 109 6. How would the…

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Write a paper on performance measurement systems by comparing and contrasting between traditional and contemporary performance measurement systems. Learners are required to refer to at least THREE published journal articles. Use APA format for in-text citations and references.

Please see below.

We have focused mainly on the financial statements and ratios this week. You decide to practice what you have learned by preparing your own personal balance sheet and income statement as of last month. What do you think you would be able to infer from your completed statements? Do you think you would appear to be liquid? Would your income statement reflect an adequate balance? How can this analysis help you in terms of spending?

The initial analysis should include the following: The ratio equation The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook. (See below) Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.  Then explain whether this is a good result or a result that needs improving. Use citations to cite any outside sources used. The original post should include at least three (3) sentences but no more than seven (7) sentences. SHOW WORK

Comprehensive Problem 1Part 4 and Part 6: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete parts 1, 2 and 3 before completing parts 4 and 6. Please note that part 5 is optional. Part 4:  At the end of May, the following adjustment data were assembled. Analyze and use these data to complete parts (5) and (6). a. Insurance expired during May is $275.b. Supplies on hand on May 31 are $715.c. Depreciation of office equipment for May is $330.d. Accrued receptionist salary on May 31 is $325.e. Rent expired during May is $1,600.f. Unearned fees on May 31 are $3,210. Part 6:  Journalize the adjusting entries. Then, post the entries to the attached spreadsheet from part 2. a.  Insurance expired during May is $275. Account Name Post. Ref. Debit Credit     fill in the blank 2         fill in the blank 4   b.  Supplies…

Classify the following activities as primarily managerlal accounting or financlal accounting: a. Preparing a cash budget for the next quarter. b. Analyzing the profitability of a request from a potential customer. c. Accumulating the transactions for the previous six months to prepare an income statement. d. Preparing a weekly performance report for the branch manager. e. Preparing an announcement to be released to the financial analysts.

E12-24B Vertical analysis (Learning Objective 2) 15-20 min. Simpson Painting, Inc., requested that you perform a vertical analysis of its balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity. Round to the nearest tenth of a percent. P. Donnelly, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Revenue Expenses: Cost of Goods Sold Selling and General Expenses Interest Expense Income Tax Expense Total Expenses Net Income 2018 $500,000 $245,000 111,000 10,000 54,700 420,700 $ 79,300 2017 $439,500 $236,000 103,500 6,500 44,400 390,400 $ 49,100

INSTRUCTIONS: You are required to respond to both questions below and adhere strictly to the word limit, where prescribed.You must post your response first to be able to see others' responses.Assessment guidelines are as follows:Assessment category 1: Your initial post containing responses to the two questions below = 3 out of 5 pointsAssessment category 2: Contributions to your peers' posts = 2 out of 5 points. To obtain points in this category, you must comment on at least two posts from your peers.Your initial response should be posted in response to the initial post entitled "Post your responses here" The forum closes for new responses on October 17, 2021. Please be mindful of the date   QUESTIONS:   Question 1 (1.5 points) John and Marsha are in an argument about an investment which requires a series of six annual deposits. If an investor decides to invest, he/she has to deposit $30,000 at the end of year 1, $30,000 at the end of year 2, $30,000 at the end of year 4, $30,000 at…