Accounting Essays

• Prepare a ratio analysis for the fiscal year ended Dec 31, 2012. Organize your analysis per the following outline: (1) Liquidity – Current ratio: current assets/ current liabilities= 25,000/17,000 = 1.47% – Quick ratio: current assets-inventory/ current liabilities= 25,000-17,000 / 17,000 = .25 (note: 17,000 cancels itself out) Comments …

Intro Billy’s Beats Inc (Bill’ys) is an SEC registrant manufacturer of musical intraments. Billy’s has recently acquired one company, Little Drummer Boy Inc (Little Drummer), and wholly owns RockOut Inc. Both Little Drummer and RockOut are manufacturers of musical intstraments, making guitars, and drums respectively. Billy’s acquisition of Little Drummer …

The Smackey Dog Food, Inc. is a family owned business. It was started by three sisters, Sarah, Kim and Jillian, in the kitchen of their home. They lived in a suburban area of Chicago, Illinois. Their business is making all natural dog food. After using their own dogs and the …

1. Why would the owners of Lakeside, as well as the company’s banks, require that an annual audit may be made by an independent CPA firm? Auditing in general, is necessary because of the existence of Information risk or the risk of unreliable information. Owners of lakeside may own the …

The company I chose to perform my annual report analysis on was The Coca Cola Company. I chose this company because they are a well-established company that would give me a good idea of what a large company’s annual report might look like. Coca-Cola is the world’s largest retailer of …

Reform implies the existence of a defect that something is deformed or malformed and does not suit existing conditions. Land Reform, refers to the full range of measures that may or should be taken to improve or remedy the defects in the relations among men (e.g., between the tiller and …

ABC Learning Academy aims to prepare its students to excel as young leaders of tomorrow by combining an exclusive collegiate-based curriculum tailored specifically for children with enhanced, first class child care services. Unlike our competitors, we offer advanced technology programs, after-school tutoring and activities such as arts and crafts, dance, …

Internal and external stakeholders of a company require ways of looking at how a company operates to determine the viability of that company. The best way to approach stock valuation is by using many different methods, the same way you would if you were valuing a used car or a …

Keeping accurate and properly managed records will contribute the success of business in following ways: •Highlights the financial problems and enable remedies to be put in place •Provides valuable information for the future sale of your business where that is required •Helps to mange things shortly and saves your time …

Abstract Since the beginning of the 1990s significant research has been conducted into the extent to the extent in which firms in various sectors efficiently use marketing approaches and the relationship between marketing tools utilisation and firm performance. Many companies feel that their marketing operations need regular reviews and overhauls …