This document of XACC 280 Week 9 Capstone Discussion Question shows the solutions to the following problems: Review the annual reports for PepsiCo.‚ Inc and the Coca-Cola Company in the Appendixes A B of Financial Accounting. Select either PepsiCo‚ Inc or Coca-Cola Company. In your estimation‚ the company you chose may be financially healthier or weaker. Would you invest in this company? Explain why or why not. Justify your reasoning by presenting at least three key financial ratios
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This work of XACC 280 Week 5 Discussion Question 1 contains: What are reversing entries and why are they required? What would happen if reversing entries were not made? What transactions might require reversing entries? What transactions might not require reversing entries? Business - Accounting ACC 280 Week 1 Individual Assignment Financial Statements Paper ACC 280 Week 2 Individual Assignment Ch. 1‚ 2‚ 7 Textbook Exercises ACC 280 Week 2 Learning Team Assignment
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Internal Controls XACC/280 Christopher Stone 5.1.2013 Internal controls are an integral part of a business operation because of the extreme importance of assets. Assets are basically an economically valued item owned by an individual or corporation‚ which most often has a direct conversion rate to cash. Examples are cash‚ securities‚ accounts receivable‚ in-stock product‚ business equipment‚ real-estate‚ cars‚ and other valuable property. Assets are business resources which could lead
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Ratio‚ Vertical and Horizontal Analyses XXXXXXXXXX XACC/280 XXXXXXXXXX Ratio‚ Vertical and Horizontal Analyses The three tools of financial statements analysis are Horizontal (trend)‚ Vertical (common size)‚ and Ratio. The first financial statement analysis is horizontal which evaluates the performance of the company from one accounting period to the next. Horizontal analyses’ are conducted to assess any relative changes in different items over a specified time period. It also indicates
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Internal Controls XACC 280 By University of Phoenix Professor This paper will discuss the internal controls and how they work in business. I will shed some light on the organizations financial and business policies‚ process and procedures. The purpose of these internal controls is to protect the company’s resources against fraud‚ misappropriate funds and most important waste. A company can spend quite a
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Exercises and Problems - Week 6 XACC/291 12/21/2014 Exercises and Problems - Week 6 Before After After Action Dividend Stock Split Stock holders’ equity Paid in capital Common stock‚ $10 par $ 600‚000 $630‚000 $600‚000 Paid in capital in excess par value $0. $12‚000 0 Total paid in capital $600‚000 $642‚000 $600‚000 Return earnings $900‚000 $858‚000 $900‚000 Total stock holders’ equity
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Week 3 DQ Organization is a social unit of people that is structured and managed to meet a need or to pursue collective goals. (Businessdictionary.com) Organization as a structure distributes responsibilities among the members of the company (child 2005‚ p.6). By allocating people and recourses to the necessary tasks and designating responsibilities‚ the organization contributes to the successful implementations of its goals. While organization as a process focus more closely on behaviors
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Accounting consists of basic assumptions‚ principles‚ and constraints. There are four basic assumptions of accounting that are the fundamental basis of any set of accounts. The four basic assumptions of accounting include: monetary unit assumption‚ economic period assumption‚ time period assumption‚ and going concern assumption. Monetary unit assumption states that only transaction data that is expressed in terms of money can be included in the accounting records. Economic period assumption states
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As a resource‚ Ms. Pancake had proposed to micro manage my efforts to ensure the conceptual understanding of my responsibilities and I agreed. We had arranged to do so on Wednesday‚ December 7 as it would be less strenuous on her time schedule. This was to give her the opportunity to complete her required closing processes‚ while demonstrating to them that I was competent with my allotted tasks by completing them in the time requested. She and Mr. Rackers had accepted my proposal. As the day
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There are three ways to analyze financial statements there is the vertical analysis‚ which uses the base percentage to express the assets or liabilities and stockholders’ equity. Horizontal analysis or the trend analysis is how someone can evaluate the financial statement over a period. With this method‚ one can determine an increase or decrease in assets liabilities or stockholders equity. This can be done in percentage or totals Horizontal analysis is used primarily with an intercompany comparison
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