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Accounting

By the way, welcome to our team!”

Ethics play a vital role in business and in the accounting profession. Here is an opportunity to connect your current learning about inventory with the profession’s commitment to ethics.
EC5: Tiffany Lyons was just hired as the assistant treasurer of Key West Stores, a specialty chain store with nine retail stores concentrated in one metropolitan area. Among other things, the payment of all invoices is centralized in one of the departments Tiffany will manage. Her primary responsibility is to maintain the company’s high credit rating by paying all bills when due and to take advantage of all cash discounts.
Jay Barnes, the former assistant treasurer who has been promoted to treasurer, is training Tiffany in her new duties. He instructs Tiffany that she is to continue the practice of preparing all checks “net of discount” and dating the checks for the last day of the discount period. “But,” Jay continues, “we always hold the checks at least 4 days beyond the discount period before mailing them. That way, we get another four days of interest on our money. Most of our creditors need our business and don’t complain. And, if they scream about missing the discount period, we blame it on the mailroom or the post office. We’ve only lost one discount out of every hundred we take that way. I think everybody does it. By the way, welcome to our team!”
Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2021). Accounting principles (14th ed.). Hoboken, NJ: Wiley.
Assignment Instructions
You are to write a 2–3 page paper. Use the ethics resources for accounting. Make sure to cite at least one source from those provided and reference them (in your separate reference page) following APA guidelines.
Respond thoroughly to the following questions in your reflective essay:
What are the ethical considerations in this case?
Who are the stakeholders that are harmed or benefited in this situation?
Should Tiffany continue the practice started by Jay? Does she have any choice?
Which Code of Conduct principle would you act on from the professional codes of conduct guiding ethical behavior in this field (Provide the name of the organization, and the code of conduct that pertains to why you act, and then provide the URL for your source)?
Based on your chosen code of conduct principle(s), what would you do (step-by-step) in order to act in accordance with your chosen principle to address this situation?

Categories
Accounting

Discuss and provide examples of different types of cash flows as operating, investing, and financing activities.

Discuss and provide examples of different types of cash flows as operating, investing, and financing activities.

Categories
Accounting

Good morning this assignment is essay.

Good morning This assignment is essay. I sent four attachment links, two links are article, one link is the directions and one link is a video.

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Accounting

Summarize the article and provide the link.

What is the difference between absorption costing and variable costing?
In addition, find 1 credible article on absorption and variable costing. Summarize the article and provide the link. State at least 2 main points you learned about in the article you read.

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Accounting

This is a case study for capsim!

This is a case study for Capsim! MAN4504 Opertnl Decision I have attached the information below! I am looking for someone who has the knowledge and time to read through the following attachment, making sure that everything is complete! thank you `

Categories
Accounting

O key points from the ceo’s letter to shareholder’s in the annual report

OVERVIEW
During this course, you will complete a final project. The purpose of the final project is to allow
you to use
all of the concepts studied during the course to analyze a publicly traded company of
your choice. After
completing the analysis, you will submit a report on the financial condition of
the company.
INSTRUCTIONS
Choose any publicly traded company of your choice
Locate the company’s latest published annual report
Review the balance sheet, income statement, and statement of cash flows
Calculate a minimum of 7 ratios from the ratios studied during the course
Complete an analysis of the financial condition of the company based on the ratio
analysis and
additional information found in the annual report
Your final report should consist of the following:
o Overview of the company and its industry
o Products/services offered
o History of the stock price
o Results of the financial ratio analysis
Key financial highlights and lowlights found in the annual report
o Key points from the CEO’s letter to shareholder’s in the annual report
o Recommendations to the company on how to improve its financial
performance
for the future.
Provides the decision on whether to invest or not in this company with supporting
information based on
the financial analysis completed.
Length of assignment – The final project should be 5 to 7 pages, not including the
financial statements and the ratio analysis, which should be placed in the Appendix. The
assignments should be submitted in
a Word document with spreadsheets embedded in the
Word document, as needed.
A cover page is also required, but not part of the 5 to 7 pages of content. A
properly formatted reference
page and corresponding in-text citations are also
required.
You should use APA formatting
A minimum of five scholarly citations are required
Acceptable sources include scholarly articles published within the last five years and your
textbook.
Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.

Categories
Accounting

The alleged ex-girlfriend left only her first name (nora).

Anna and Jorge Peleo are in the middle of a bitter divorce. Anna’s attorney called Sam Blakely, a forensic accountant, because he suspected that Jorge was hiding assets from the divorce. Anna claimed that Jorge secretly owned a beach condominium on the Pacific coast of Costa Rica. He had frequently traveled there on business trips, and about a year ago, she received a mysterious call from a woman living in Costa Rica. The woman claimed that she was Jorge’s ex-girlfriend and that he had bought a condo for her to live in. The caller seemed very angry because Jorge had left her for another woman and had thrown her out of the condo. The alleged ex-girlfriend left only her first name (Nora). She did mention the city where the condo was located, but it was a long Spanish name that Anna could not recall. Anna’s attorney deposed Jorge and asked him many questions about the girlfriend and the condo. Jorge claimed it was all crazy talk, and he completely denied any knowledge of a condominium or girlfriend. During the 20 years of marriage, Jorge worked as the vice president of marketing for a large machine parts company. Anna knew only that he was very highly paid, but she had never worked or paid much attention to their finances. Now she feels she is completely at his mercy in the divorce. Explain how you think Sam Blakely would proceed with his investigation and Assuming that there is a secret condo in Costa Rica, what do you think Sam’s chances are of discovering it?

Categories
Accounting

1.how and why does management accounting rely on financial reporting?

please read chapter 11,12,13 and answer each questions
1.How and why does management accounting rely on financial reporting?
2. Explain why financial information must be reliable and relevant.
3.What factors have revolutionized the accounting process?
4.How and why does management accounting rely on financial reporting?
5.Explain how each internal personnel uses financial data to make decisions.
6. List the various external users of financial data. What is the significance and meaning to each user?
7. Explain why external users of financial information have little or no access to the
operations of the organization
8.Explain how each internal personnel uses financial data to make decisions.
9.Why are internal users of financial data concerned with internal control?
10. Why would lawyers use financial data?
11.Why would lawyers use financial data?

Categories
Accounting

Theres 10 question for the exam i will give my login once hired

theres 10 question for the exam I will give my login once hired
They are accounting questions related to adjusting entries, putting numbers into a balance sheet, etc basic accounting stuff

Categories
Accounting

Ensure all numerical/financial data is cited and referenced properly; and any tables, graphs, and illustrations follow apa formatting.

For this component, calculate two (2) profitability ratios, two (2) liquidity ratios, the debt-to-equity ratio, and the earnings per share (EPS) ratio for your company based on the current year over the previous two years (ie: the current year ratio vs the prior year vs the prior year – 3 ratios in total).
Comment on the apparent trending of each ratio and compare your company’s most current year ratio to its industry average and a leading industry competitor.
Use tables/graphs to illustrate your company’s financial results and ratios results.
Ensure all numerical/financial data is cited and referenced properly; and any tables, graphs, and illustrations follow APA formatting.
Remember to use proper grammar (Grammarly is a good free resource for editing) and APA formatting. Utilize the Sample APA Outline provided to you earlier in the class. Your writings should be void of first-person (do not use the word “I” or “my” in your writings). Post any questions that you may have to the Ask the Instructor DB forum, as your fellow classmates may have the same concerns/questions.
A minimum of 3 resources is required.