ACC 290 Week 4 WileyPLUS Assignment Week Four
Title: ACC 290 Week 4 WileyPLUS Assignment Week Four
Type: Word Download
Format: Word document
Version: Current 2013-14 (Click on tutorial image to view snapshot)
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- ACC 290 Week 4 WileyPLUS Assignment Week Four (Word document)
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Includes:
Acc 290 Week 4 Discussion questions 1 & 2
Includes:
Acc 290 Week 4 Discussion questions 1 & 2
ACC 290 Week 4 Learning Team Reflection as described below:
Discuss the objectives for Week Three. How do they relate to the practice of accounting and its uses in business?
Prepare closing entries, reversing entries, and a post-closing trial balance.
Prepare a financial statement worksheet.
Prepare a classified income statement, retained earnings statement, and balance sheet.
Write a 350- to 500-word summary of your Learning Team’s discussion.
ACC 290 Week 4 WileyPLUS Assignment Week Four as described below:
Resources: WileyPLUS and Financial Accounting
Access WileyPLUS using the link on the student website.
Complete the following in WileyPLUS:
ACC 290 Week 4 Assignment Financial Reporting Problem, Part 1 as described below:
Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company.
Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:
What are the company’s total assets at the end of its most recent annual reporting period? Why is this important?
What are the total assets at the end of the previous annual reporting period?
How much cash and cash equivalents did the company have at the end of its most recent annual reporting period?
What amount of accounts payable did the company have at the end of its most recent annual reporting period?
What amount of accounts payable did the company have at the end of the previous annual reporting period?
What are the company’s net revenues for the last three annual reporting periods?
What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period?
What are the company’s total current assets at the end of its most recent annual reporting period?
What are the total current assets at the end of the previous annual reporting period?
What in the information above would be important to a potential investor, employee, and so forth?
Summarize the analysis in a 1,050- to 1,400-word paper in a Microsoft® Word document.
Include a copy of the company’s balance sheet and income statement.
Format your paper consistent with APA guidelines.
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