Both U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) explicitly require the use of the absorption costing method for valuing product inventories. Do you believe such accounting standards should permit the use of the variable costing approach and the contribution format for the income statement presentation? Why or why not? Share […]
The performance measures return on investment (ROI) and residual income are commonly used to evaluate investment alternatives and as incentive compensation measures for management. Which of these performance measures do you believe provide the best opportunity to maximize financial performance? Share your basis for your conclusion.
The purpose of this assignment is to examine and use the article, “International Taxation in an Era of Digital Disruption: Analyzing the Current Debate,” to prepare a memo for your supervisor who has read the article and wants a formal summary prepared. The memo of 500-750 words should address the following: Summary of the key points in Part […]
Create an 8-10 slide PowerPoint presentation with slide notes that define a CSR issue, explain how the problem affects a local or global community as well as your chosen company, and describe possible sustainable solutions that your chosen company can support. Introduction In the last assessment, you brought together the knowledge you gathered earlier from […]
Assume you are the CFO of a medium-sized company and you are advising the CEO on some upcoming strategic initiatives that will have long-term implications. In other words, these are important decisions. For your initial discussion forum post, address the following questions posed by the CEO: It appears we may need to raise more capital. […]
In the last couple of weeks, you have been studying investment methods and opportunities for corporations. Using some of the same information and theories, you will apply this to your own personal finance investing opportunities. Investing can be a struggle for many people. The many different options and directions available can quickly become overwhelming. Some […]
Consider the following abbreviated financial statements for Weston Enterprises: WESTON ENTERPRISES 2019 and 2020 Partial Balance SheetsAssets Liabilities and Owners’ Equity 2019 2020 2019 2020 Current assets$1,198 $1,275 Current liabilities$538 $580 Net fixed assets 5,727 6,023 Long-term debt 3,188 3,429 WESTON ENTERPRISES 2020 Income Statement Sales$17,349 Costs 5,143 Depreciation 1,492 Interest paid 648 a.What was […]
During the year, the Senbet Discount Tire Company had gross sales of $535,900. The company’s cost of goods sold and selling expenses were $176,600 and $103,200, respectively. The company also had debt of $482,000, which carried an interest rate of 7 percent. Depreciation was $61,500. The tax rate was 22 percent. a.What was the company’s net […]
Question #1: As you learned in your readings for week three, the Malcolm Baldrige National Quality Award provides a set of criteria for organizational quality assessment and improvement that has been used by thousands of business, healthcare and educational organizations for more than a decade. What do you see as the greatest strength and greatest […]
Part 1: Research and then describe your company’s primary business activities. Include: Company: Applied Industrial Technologies, Inc. (AIT) https://www.applied.com/ https://finance.yahoo.com/quote/AIT/profile/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKrVhsNwQMjrSImtYjlXCcW2d3u-DtzKGWDdDaP-fFC4NWx7ajymiPLzHtPLlJ0J3Ho-HwljhdTXkoRqff3EnosW717QU1mLsaUHc2V4uyv8MEz0mfFG1vOyv60w8Y2gEEFh0Zgysg8C6o8uEfJdLuoCEQqxOoVgoEqsrT8zCb1J Future direction, and Other items of significance to your corporation. Part 2: Include information from a variety of resources. For example: Explore the corporate website. Select at least two significant news items from recent business […]
