WEEK 2
ACC/561
1
Week 2 DQ3 (Due Day 5)
Imagine you are a loan officer presented with a loan package from a start-up company and one from a
well-established company.
What specific components would you require in the start-up companys loan package to appro
Running head: BUSINESS IDEA
1
Small Business Idea
Katie L. Williams
ACC 561
December 24, 2012
Monique Smalling
BUSINESS IDEA
2
Monique, I am so sorry my paper is late, but I have phenomena, and have been so sick. Was in
the hospital on Christmas eve and d
Week 2 DQ1 (Due Day 3)
Visit the website of your favorite U.S. company. Find the companys financial statements in the
section of the website for investors. Post a link to the statements. Compute two ratios from each
type, including liquidity, solvency, an
Financial statements provide critical information about a companys past, and present
financial abilities. The four important financial statements are as follows: balance sheet, income
statement, retained earnings statement, and cash flow statement. Each o
Week 1 WileyPlus Exercises Answers
BE1-7
Correct.
Indicate which statement you would examine to find each of the following items: income
statement, balance sheet, retained earnings statement, or statement of cash flows.
Income Statement
(a) Revenue during
Content
60 Percent
Points
Available
3.6
Points Additional
Earned Comments:
3.6
Good job
discussing
financial
statements and
which would be
more useful to
investors,
creditors and
management
All key elements of the assignment are covered in a substantive
w
ACC 561
Week 1 IA (2) Essay Paper Outline
Financial Statement Differentiation
Thesis Statement:
Each of the four financial statements contains specific information about a company, which is
useful to investors, creditors, and managers alike when making cr
Computing Horizontal Analysis from an Income Statement
Using period data to compute analysis
Horizontal analysis compares two different period financial statements to determine:
- Dollar Change
- Percentage Change
Formula: Dollar Change Amount Between Bas
Discussion Question #3:
The statement of cash flows is an optional statement included by most companies in their annual
report. Do you agree? Explain.
No I do not agree that the cash flow statement is optional I believe that the cash flow
statement of any
Discussion Question #2:
What is the purpose of the income statement?
From what I understand from my experiences with income statements, and my
understanding of our textbook, I would have to say the main purpose of the income
statement, is to show the inco
Discussion Question #1:
Whatinformationdoesthebalancesheettellusaboutacompany?
From what I understand from this weeks reading materials along with other online
references, the balance sheet is a statement, which lists specific information regarding a
comp
