Reference no: EM131017213
a. Read the article "Tweaking the Numbers," by Theo Callahan in the June 2001 issue of the Journal of Accountancy (either the print edition, likely available at your school's library, or access the Journal of Accountancy archives at www.aicpa.org). Follow the instructions in the article to create a spreadsheet with graphs that do what-if analysis.
b. Now create a spreadsheet to do graphical what-if analysis for the "cash gap." Cash gap represents the number of days between when a company has to pay its suppliers and when it gets paid by its customers. Thus, Cash gap = Inventory days on hand + Receivables collection period - Accounts payable period.
The purpose of your spreadsheet is to display visually what happens to cash gap when you "tweak" policies concerning inventory, receivables, and payables.
c. Set the three spin buttons to have the following values:
Spin button for Inventory Spin button for Receivables Spin button for Payables
Linked cell C2 C3 C4
Maximum 120 120 90
Minimum 0 30 20
Value 30 60 20
Small change 10 10 10
D. In addition, conduct research and seek out an ERP accounting system. Briefly summarize what report writer software is either embedded in it or which one would work to provide management with a production report. Include links to your source.
|
Paper - the protection of educational rights for children
: Can you do a research paper (20.pg) about (the protection of the educational rights for children with special education in CALIFORNIA)
|
|
Safety of motor carriers on the road
: Demonstrate how the paraphrase would appear in your research paper - The Relationship between Motor Carrier Financial Performance and Safety Performance.
|
|
What is the rationale for accounting for non expendable
: What is the rationale for accounting for non expendable endowment funds on a full, rather than a modified, accrual basis? Why is it important that depreciation be charged on long-term assets held as fiduciary fund investments?
|
|
How planning-programming budgeting could be implemented
: Explain how Zero-Based Budgeting could be implemented to the program(s) you chose. Explain how Planning-Programming Budgeting could be implemented to the program(s) you chose
|
|
Read the article -tweaking the numbers
: Now create a spreadsheet to do graphical what-if analysis for the "cash gap." Cash gap represents the number of days between when a company has to pay its suppliers and when it gets paid by its customers. Thus, Cash gap = Inventory days on hand + ..
|
|
Write about the case atkins vs virginia
: Write about the case Atkins v. Virginia (#171). It is a case that discusses whether or not it is constitutional to put to death those people who are guilty of a serious crime but suffer from a mental handicap or a mental illness
|
|
How can you create and maintain the chart of accounts
: Describe them. What are some key reports one can generate to measure the firm's financial performance?
|
|
Judy a cash basis taxpayer leases office buildings to
: Judy, a cash basis taxpayer, leases office buildings to commercial tenants. During 2015, she receive $10,000 from various tenants a refundable damage deposits, $300,000 for 2015 rents, and $50,000 for 2016 rents. How much should Judy include in 2015 ..
|
|
Explain how to calculate the allowance for doubtful accounts
: Explain how to calculate the allowance for doubtful accounts and the bad-debt expense in a hospital.
|