How much did your company report in receivables

Assignment Help Accounting Basics
Reference no: EM133654593

Homework: Accounting for Managers Report

Part I

Use the Pitchbook Database and download the most recent 3 years of financial statements. In your report make sure you discuss the following:

1. Company background: Name of company, Auditor, Industry, Market Capitalization, & name of Stock Exchange where the company is listed.

2. Accounting Analysis: Use the answers of the questions below &evaluate the company's accounting choices and accrual estimates. Describe whether the management of your company has beenLiberal or Conservative in choosing among alternative revenues &expenses, and assets valuation policies.

3. Performance & Financing: Analyze the company's ROE and determine the relative contribution of operational & financing activities. Use the results to describe the interrelationship among financing, investing & operating activities,

4. ESG: Does you companyimplement an ESG framework?How much was your company's ESG score over the last 3 years? What does it mean to you as an investor? How does your company compare to competitors?

Part II

1. How much did your company report of Total Assets, Total Liabilities, Retained Earnings &Owners' Equity over the last 2 years?

Total Assets
Total Liabilities
Owners' Equity
Retained Earnings

2. How much did your company retained of its earning in the last year?

Earnings Retained in the last year.

Explain how you got the above number.

3. Construct the extended accounting equations for the last twoyears. Explain how the changes in total assets werefinanced, if any.

4. Determine Total Revenues, Gross Profit, Operating Income (EBIT) & EBITDA for each of the last 3 years. Collectively, what do the above accounts tell you? What does EBITDA tell you that EBIT doesn't?

Revenues
Gross Profit
EBIT
EBITDA

Comments ...

EBITDA ......

5. Briefly describe the Revenue Recognition Principe(s) your company used.List the different types of revenues your company listed.

6. List the cash flows from the three major activities your company reported over the last 2 years. Explain what those numbers tell you as a user of accounting information.

7.

Operating Activities
Investing Activities
Financing Activities
Net Change

Comments ..

8. How much your company reported of NetIncome & Cash Flow from Operating Activities over the last 3 years.What can you imply about the quality of earning?

Net Income
Cash flow from Operating Activities

Implication ..

9. How much did your company report in receivables and allowance for doubtful accounts over the last two years? Did the allowance increase or decrease relative to Receivables? Explain the impact of changes in reported values on the profitability of the company.

Receivables
Allowance for Doubtful Accounts
%
Discuss:

10. What inventory valuation method(s)did your company use? Is/ are the method(s) used appropriate given the general price level changes over the last year? Explain the impact of the management's choice on the quality of reported income figures.

11. List Long-term assets by category and determine the depreciation/ depletion/ amortization methods used.

12. Did your company report any intangible assets? How did they come to exist, if any?

13. Use the operating leverage concept we learned in management accounting & prepare your company's income statement using the contribution margin approach.

Reference no: EM133654593

Questions Cloud

Provide at least one aspect of the systems from each country : Use the Internet to research the US health care delivery system. Provide at least one aspect of the systems from each country selected to support your response.
What occurred beginning that increased the price of oil : Why did the pattern(s) occur or not occur? What occurred beginning in 2005 that increased the price of oil and why did it continue to increase until 2008?
Illustrates the effect of perceptual set : When having friends over for dinner, Elana bought two bottles of the same moderately priced wine. she told the other half that theirs was a cheap wine
Demonstrate your executive presence : How the training will be deployed, and other factors that will be needed to deploy implementation are discussions needed for Assignment Four
How much did your company report in receivables : How much did your company report in receivable and allowance for doubtful account over last two year? Did allowance increase or decrease relative to Receivable?
When reporting card cardholders : When reporting a card Cardholders (CH) are authorized to pay for items that another Government employee ordered
What considerations should you make in the way : What considerations should you make in the way that you communicate with victims of different crimes about what will be expected of them
What are the current tax issues being reported in the press : What are the current tax issues being reported in the press and are there any major changes that might be coming up in the future?
How the income tax is designed to achieve goals : Explain how the Income Tax is designed to achieve multiple goals, i.e., social - political - economic - stimulus - incentive - disincentive objectives.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss which uses the high-low method of estimating costs

When production doubled to its highest level, the total cost per unit dropped to $15. Carson would estimate its total fixed cost as

  Amount of the distribution-taxed as dividend to shareholder

A calendar year corporation in its first year of operations reports earnings and profits of $50,000. In December of that year, it distributes land worth $40,000 to one of its shareholders. The corporation's basis in the land was $35,000, and the l..

  Compute the cost of the ending inventory

Assuming there are 200 units on hand at the end of the period, compute the cost of the ending inventory under the FIFO method

  What is the net realizable value of the accounts receivable

Net credit sales totaled P4,500,000 during the year while collections amounted to P4,400,000. What is the net realizable value of the Accounts Receivable

  Late in december the next generation of multiuse mu ii

late in december the next generation of multiuse mu ii watches is released. in addition to all of the features of the

  How decision will help or hurt the firm stockholders

You may assume that the metal's use will not be immediately evident to car buyers. Discuss how this decision will help or hurt the firm's stockholders.

  Write a memorandum on the ethical issue

The owner of Sorena company has asked your firm not to close the revenue accounts at the end of the fiscal year

  How do calculate the cost of job for a company

Calculate the cost of Job 325. H55 Company is a steel fabricator, and job 325 consists of producing 500 steel supports for Cato Company.

  Determine the horizontal analysis for sundahl company

Prepare a common-size income statement for Year 2 by expressing each line item for Year 2 as a percentage of that same line item from Year 1.

  How much in dollar sales does need next year to break even

Sarah Company sells high functioning blenders at $450 each. Assuming costs are stable, how much in dollar sales does she need next year to break even

  Determine the tax-free amount of the monthly payment

Determine the tax-free amount of the monthly payment in each of the following instances. Use the life expectancy tables

  Prepare the entries to record the mortgage loan

The terms call for annual payments of $34,335 each. Prepare the entries to record the mortgage loan and the first installment payment

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd