Question ACC220 Grantham University Organizations to Generate Revenue Discussion Week 6 Depending on the length of time, assets will either be categorized as current or long-term. Go to Yahoo Finance and select a company. Then, share either a current or long-term asset of the company and the type’s characteristics.
Question ACC220 Grantham University Organizations to Generate Revenue Discussion Week 5 One of the four financial statements is the income statement that presents the organization’s revenue, expense, and net income. Go to Yahoo Finance and select a company. Then, share with the class either the company’s gross profit or total operating expenses, as well as…
Question ACC220 Grantham University Organizations to Generate Revenue Discussion Week 8 Financial ratios help to analyze the company’s financial health. Go to Yahoo Finance and select a company. Then, calculate at least one of the financial ratios that was discussed in your textbook for that company.
Question In the Cases & Projects section at the back of Chapter 8 in your textbook, find and complete the following problems: CP 8-6 Internal Controls CP 8-8 Bank reconciliation and internal control CP 8-9 Cash to monthly case expenses ratio Be sure to complete all steps and sections of each problem and show all…
Question ACC220 Financial Accounting Week 1 Discussion Accrual vs. Cash For your follow up post…review the responses provided by your peers. Engage in conversation, or even civil debate, as you discuss their insights and viewpoints. You may ask questions for clarification (if you are confused by their initial post) or pose questions that advance the…
Question ACC220 Financial Accounting Week 2 Discussion Accrual Journal Entries US GAAP mandates for proper accrual journal entries to comply with the matching principle. Find an article that discusses how a business utilizes accrual journal entries. Then, present a summary of the article or provide a real-life example. Go to at least 2 other colleague’s…
Question ACC220 Financial Accounting Week 4 Discussion Inventory Methods Organizations utilize at least one inventory method (FIFO, LIFO, or weighted-average) to calculate their cost of goods sold and ending balance of inventory. Find an article that discusses a business that utilizes one of the three inventory methods or provide a real-life example. Then, share with…
Question ACC220 Financial Accounting Week 3 Discussion Receivables One way for organizations to generate revenue is through accounts receivables. Go to Yahoo Finance and select a company. Then, share with class on one of the company’s receivables. Go to at least 2 other colleagues’ posts and provide the colleague’s selected company’s accounts receivable turnover.
Question ACC220 Financial Accounting Week 5 Discussion Income Statements One of the four financial statements is the income statement that presents the organization’s revenue, expense, and net income. Go to Yahoo Finance and select a company. Then, share with the class either the company’s gross profit or total operating expenses, as well as the company’s…
Question ACC220 Financial Accounting Week 6 Discussion Assets Depending on the length of time, assets will either be categorized as current or long-term. Go to Yahoo Finance and select a company. Then, share either a current or long-term asset of the company and the type’s characteristics. Go to at least two other colleagues’ posts with…
