Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Textbook Question
Chapter 15, Problem 4R
Prepare a ratio analysis for Global Technology for 2013. The following information is available for 2013:
The 2013 information should be entered in column B of the RATIOA2 worksheet. The 2012 information should be entered in column C. Save the revised file as RATIOA4. Print the worksheet when done.
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Chapter 15 Solutions
Excel Applications for Accounting Principles
Ch. 15 - The comparative financial statements of Global...Ch. 15 - The comparative financial statements of Global...Ch. 15 - a. What information does a comparison of the...Ch. 15 - Prepare a ratio analysis for Global Technology for...Ch. 15 - Compare your printout from requirement 2 with your...Ch. 15 - With the 2013 data still on the screen, click the...
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- Compare your printout from requirement 2 with your printout from requirement 4. From these two sets of ratios, what conclusions can be drawn concerning changes from 2012 and 2013?arrow_forwardComplete the FLASH TRUCKING SERVICESINCOME STATEMENTDECEMBER 31, 2014 and FLASH TRUCKING SERVICESUNADJUSTED TRIAL BALANCEDECEMBER 30, 2014arrow_forwardWhat is the Committee of Sponsoring Organizations (COSO)? Briefly describe the original COSOframework from 1992 and the improvements made in the updated COSO framework from 2013.arrow_forward
- Interpret the results of the ratios and explain what does that mean to the performance of the organization. The answer you provided should be supported by relevant literature review including scientific journal, website and related books.arrow_forwardA product's life cycle is the period of time from initial expenditure on research and development (R&D) to the time at which support to customers is withdrawn (Drury, 2018). Choose a product that you are familiar with and critically analyse the product's life cycle. Leamers are required to refer to at least THREE latest published journal articles to support the argument. Use APA format for in-text citations and references.arrow_forwardThe following table shows an example of gross domestic product values for five countries over six years in equivalent U.S. dollars (). a. How could you improve the readability of this table? b. The file GDPyears contains sample data from the United Nations Statistics Division on 30 countries and their GDP values from Year 1 to Year 6 in US. Create a table that provides all these data for a user. Format the table to make it as easy to read as possible. Hint: It is generally not important for the user to know GDP to an exact dollar figure. It is typical to present GDP values in millions or billions of dollars.arrow_forward
- In its segment information for 2014, how many reportable segments does Buddy Company have?a) 6b) 5c) 4d) 3arrow_forwardIn relation to the 'Six Capitals' listed in the Integrated Reporting Background Paper-Capitals, briefly explain how a company might improve its reporting on each of these resourcesarrow_forwardThe four companies we have chosen are: Deloitte EY KPMG PWC Obtain the most recent annual reports for four FTSE 100 companies of your choice (note: you need to make sure the companies chosen to have more than one operational segment and thus have meaningful segment notes for analysis). Examine the segmental disclosures provided in the segment notes of the annual reports by the selected four companies and comment on the following:a) Based on extracts from the segment notes, how much and what segmental information is provided in the segment notes? discuss whether the companies are in compliance with the relevant accounting standard, and discuss the similarities and differences between their disclosure practices.arrow_forward
- The comparative financial statements of Global Technology are as follows: Open the file RATIOA from the website for this book at cengagebrain.com. Enter the formulas in the appropriate cells. Enter your name in cell A1. Save the completed model as RATIOA2. Print the worksheet when done. Also print your formulas. Check figure: Acid test (quick) ratio (cell C58), .82.arrow_forwardThe information for 2011 is same to 2012 for red oak and granite . Answer D and E part.arrow_forwardConduct the below exercise Step-1: Click the link The student can use any of the below links to download the same a) https://www.imf.org/- /media/Files/Publications/WEO/2021/Update/January/English/data/WEOJan2021updat e.ashx b) https://www.imf.org/en/Publications/WEO/Issues/2021/01/26/2021-world-economicoutlook- update (And click on download data) Step-2: Answer the below questions What do you understand by Real GDP? What is the Real GDP Growth Rate of India and China in 2019? What is the estimated real GDP growth rate of India and China in 2020? What is the projected real GDP growth rate of India and China in 2021 and 2022? What is the estimated 2022 GDP Loss (in percentage) in comparison to pre-covid levels (January 2020 forecast) in China and Other Emerging Economies in Asia other than China?arrow_forward
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