Financial Assistance

3/4/20, 6)48 PMAPUS RCampus - Week 1 - Financial Statements: RCampus Open Tools for Open Minds

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W e e k 1 - F i n a n c i a l S t a t e m e n t s

Grade:

Possible Points: 100.00

Calculated Score:

Adjusted Score:

Percentage: -

! Descriptions ! Comments

Financial Statements 100 %

Innovative 4 pts Exceeds

Dynamic 3.2 pts Meets

Shines 2.8 pts Below

Starting 2.4 pts Well Below

Haven’t started 0 pts Not Aligned

Balance Sheet 25 % Created balance sheet

Innovative

Created current balance sheet for one calendar year; assets, liabilities, and equity present; all calculations correct; balance sheet was balanced.

Dynamic

Created current balance sheet for less than one calendar year; assets, liabilities, and equity present; all calculations correct; balance sheet was balanced.

Shines

Created current balance sheet for one calendar year; assets, liabilities, and equity present; all calculations not correct; balance sheet was not balanced.

Starting

Attempted to create current balance sheet; assets, liabilities, and/or equity present but not all three; all calculations not correct; balance sheet was not balanced.

Haven’t started

Did not complete.

Income Statement 30 % Created income statement

Innovative

Created current income statement for one calendar year; had the following plus additional items: sales, cost of goods sold, expenses, losses, gross income, taxes, net income; calculations correct.

Dynamic

Created current income statement for less than one calendar year; had the following plus additional items: sales, cost of goods sold, expenses, losses, gross income, taxes, net income; calculations correct.

Shines

Created current income statement for one calendar year; minimally had the following items: sales, cost of goods sold, expenses, losses, gross income, taxes, net income; calculations may not be correct.

Starting

Attempted to create current income statement; did not minimally have the following items: sales, cost of goods sold, expenses, losses, gross income, taxes, net income; calculations not correct.

Haven’t started

Did not complete.

Cash Flow Statement 25 % Created cash flow statement

Innovative

Created current cash flow statement for one calendar year; had specific cash inflow and cash outflow sections; all calculations correct.

Dynamic

Created current cash flow statement for less than one calendar year; had specific cash inflow and cash outflow sections; all calculations correct.

Shines

Created current cash flow statement for one calendar year; had specific cash inflow and/or cash outflow sections; some calculations not correct.

Starting

Attempted to create current cash flow statement; did not have specific cash inflow and cash outflow sections; all calculations not correct.

Haven’t started

Did not complete.

Spreadsheet Software 10 % Used spreadsheet software

Innovative

Used spreadsheet software to create all financial statements; each statement on a separate tab; one spreadsheet file submitted.

Dynamic

Used spreadsheet software to create all financial statements; did not submit one spreadsheet file (multiple files submitted).

Shines

Used spreadsheet software to create most financial statements; did not submit one spreadsheet file (multiple files submitted).

Starting

Used spreadsheet software to create some of the financial statements; did not submit one spreadsheet file (submitted multiple files).

Haven’t started

Did not use spreadsheet software.

Writing Mechanics 10 %

Innovative Dynamic Shines Starting Haven’t started

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3/4/20, 6)48 PMAPUS RCampus - Week 1 - Financial Statements: RCampus Open Tools for Open Minds

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Clarity in writing, spelling, grammar.

The writing was clear and had no spelling and grammar errors.

The writing was clear and had minor spelling and grammar errors.

The writing had minor spelling and grammar errors; writing was somewhat unclear.

The writing had major spelling and grammar errors; writing was unclear.

The writing was grossly unclear and/or had major spelling and grammar errors.

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