FINANCE ACCOUNTING

This is a 4 part project

Part A

Task 1- Create a balance sheet

Task 2- Perform inventory valuation using LIFO, FIFO, AND WEIGHTED AVERAGE METHOD

Task3 -If said company above is to maximize income which will you use and why.

Part B

Task 4 - calculating and analyzing ratios

-Current Ratio

-Inventory Turnover Ratio

-Accounts Receivable Turnover Ratio

-Debt to Equity Ratio

-Return on Assets Ratio

-Asset Turnover Ratio

-Return on Equity Ratio

-Profit Margin Ratio

-Price Earnings Ratio

-Dividend Yield Ratio