Best Financial Ratios This week we covered Chapter 14, Financial Statement. Financial Statement is the use of different calculations

Best Financial Ratios

This week we covered Chapter 14, Financial Statement. Financial Statement is the use of different calculations and formulas to determine the financial health of an organization. Lean Manufacturing and Activity Analysis is about eliminating waste and focusing on the movement of goods and services in respect to customer demand. In regards to financial statements, please pick out four ratios discussed in the chapter that would best analyze the company you chose in Week 1’s threaded discussions. Discuss why these are the best calculations for the company you chose and in detail explain how they effectively analyze the financial health of that firm.

**Company: General Motors

Cash Flow Banckrupcy This week we covered Chapter 13, Statement of Cash Flows. This is the financial statement used

Cash Flow Banckrupcy

This week we covered Chapter 13, Statement of Cash Flows. This is the financial statement used to analyze the cash flow of a company. Why is cash flow important to a company? Research a case where a company went out of business or declared bankruptcy due to poor cash flow and not lack of sales, then summarize it for your initial post. It is not allowed to use the same company as a student from a previous post in Week 7.

Discuss

Write a brief paragraph in a Word document about why you are pursuing your MAcc degree, and what you are hoping to gain from your education. Are you hoping to move up in your career, or change careers entirely? Do you just want a new skill set? Whatever your motivation is, tell me about it.
Describe how the College of Business’ learning goals align with your career goals?

I have attached images with the journal entries associated with this problem, including the corrected journal entries. What I Essay

I have attached images with the journal entries associated with this problem, including the corrected journal entries.

What I need is if each entry was not corrected, which financial statements (income statement or balance sheet) would be affected? What balances would be overstated or understated?

Example of how this should look (formatting):

Balance Sheet:
Cash = Understated
Inventory = Overstated

Income Statement:
COGS = Overstated
Net income = Overstated

Feedback from professor as to why previous submission was incorrect.

1. Is correct

2. Inventory is NOT impacted in this entry because the over/under-applied manufacturing OH is closed out to COGS directly then COGS is closed out to Retained Earnings. if COGS is incorrect as you correctly stated, then Net Income is not correct on the I/S. What impact does this have on the B/S (hint: closing process of temporary accounts on the I/S to the B/S)?

3. Assets and Liabilities are categories of accounts, not an actual general ledger account presented on the financial statements. when payroll is processed there are 4 accounts used. For factory wages, they are: Wages Expense, Factory Wages Payable, Employer Tax Expense, and Employer Taxes Payable. You did not discuss EACH of these accounts, only 1 of 4.

4. Inventory is reported at the aggregate amount of RM, WIP, FG. The errors offset in this entry and do NOT affect Inventory on the B/S. Assume the units in WIP were sold (i.e. impacting COGS). Also, Inventory is not impacted in this entry because the over/under-applied manufacturing OH is closed out to COGS directly then COGS is closed out to Retained Earnings. if COGS is incorrect as you correctly stated, then Net Income is not correct on the I/S. What impact does this have on the B/S

I have has a CFO friend try to assist with this and he continues to grade it incorrect and return it for revision. I appreciate the help!

Discussion Board Capital Budgeting, mini case

Discussion Questions:
In this module, we are focusing on evaluating capital investments. For this discussion, you will first complete a mini case analysis, and then will share your results with your classmates. Please note that you will need to post your own post before you are able to see classmates’ posts.
CAPITAL BUDGETING – MINI CASE STUDY
Fenton, Inc., has established a new strategic plan that calls for new capital investment. The company has a 9.8% required rate of return and an 8.3% cost of capital. Fenton currently has a return of 10% on its other investments. The proposed new investments have equal annual cash inflows expected. Management used a screening procedure of calculating a payback period for potential investments and annual cash flows, and the IRR for the 7 possible investments are shown. Each investment has a 6-year expected useful life and no salvage value.
Payback Period
IRR
Investment Cost
Project A1
4.2
10.5%
$130,000
Project B2
5.9
5.1%
67,000
Project C3
5.0
13.4%
83,000
Project D4
4.8
7.4%
61,000
Project E5
3.2
12.1%
115,000
Project F6
4.0
9.9%
65,000
Project G7
6.3
9.8%
76,000
Identify which project(s) is/are unacceptable and briefly state the conceptual justification as to why each of your choices is unacceptable.
Assume Fenton has $330,000 available to spend. Which remaining projects should Fenton invest in and in what order?
If Fenton was not limited to a spending amount, should they invest in all of the projects given the company is evaluated using return on investment?

Accounting Question

i want someone help me in my final project. my final project is accounting and it is group project it has 3 questions and my friends they did the first and second question so based on that i should write essay based on the first and second questions that my friends did. i will attach the whole question and u should read it and i will attach my friends work.

Based on the previous requirements, provide your analysis of this hotel as well as your recommendations,
using all possible knowledge, KPI and measures you learned this year (800 to 1’000) words maximum.
please dont copy paste anything because it is so important project and there is save questions it mean that my teacher will know how many similarities percent so be-careful pleaseeeee. i will attach my friend work for q1 and q2 please read it.

2 Very simple accounting short answer questions

Consider each of the following independent situations.
For each company, provide a brief discussion interpreting these financial data. For example, you might discuss the company’s financial health or its apparent growth philosophy.
1. The retained earnings statement of Lee Corporation shows dividends of $68,000, while net income for the year was $75,000.
2. The statement of cash flows for Steele Corporation shows that cash provided by operating activities was $10,000, cash used in investing activities was $110,000, and cash provided by financing activities was $130,000.