Your Perfect Assignment is Just a Click Away

Starting at $8.00 per Page

100% Original, Plagiarism Free, Customized to Your instructions!

glass
pen
clip
papers
heaphones

ACCT301 UMUC Accounts Receivables and Inventory Business Report

ACCT301 UMUC Accounts Receivables and Inventory Business Report

Question Description

Two Pages: Single spaced, One inch margins, APA. Please reference attachments (project 1, SEC 10-K and Project two Guid)

Accounts Receivables and Inventory

Your SEC 10-K company should have accounts receivable and inventory. For answers to the questions below, read the Notes to the Financial Statements presented immediately after the financial statements. This is usually part of section 8 of the SEC 10-K. Section 7 is Management and Analysis (M&A). Section 15 is often referenced as financial exhibits.

I.Write down the Accounts Receivables values over the last two years. How have the values changed? Do you believe this change is significant? Why or why not? Are you surprised at these results? Who owes money to your Sec 10K Company? What information did you find about Accounts Receivables in the Notes to the Financial Statements section? Do not merely cut and paste from the SEC 10 K report. Summarize the information using your own words as much as possible. 20 points

II.Write down the Inventory values over the last two years. How have the values changed? Do you believe this change is significant? Why or why not? Are you surprised at these results? Is this information available to you? What information did you find about Inventory in the Notes to the Financial Statements section? How is it described? Do the notes tell you what Inventory method is being used such as FIFO, LIFO, etc. Do not merely cut and paste from the SEC 10 K report. Summarize the information you find in the Notes section using your own words as much as possible.

20 points.

III.Using the resources of our course materials compute the following for two years and comment briefly interpreting the results:

(a)Accounts Receivable Turnover

The formula: Net Credit Sales/Average Accounts Receivable.

If Net Credit Sales information is not available, use Sales for purposes of this assignment.

Formula for computing Average Accounts Receivables: Beginning AR + Ending AR/2

Year 1 Ratio:

Year 2 Ratio:

Comments:

10 points

(b)Day’s sales in Accounts Receivable (AR)

The formula: Average AR/Average Daily Sales

Average Daily Sales = Sales/ 365

Comment briefly interpreting your results.

10 points

( c ) Inventory Turnover

Formula: Cost of Goods Sold/Average Inventory

Formula for computing Average Inventory: Beginning Inventory + Ending Inventory/2

Comment briefly interpreting your results.

Year 1 Ratio:

Year 2 Ratio:

Comments:

10 points

(d) Day’s sales in Inventory for two years.

Formula:

Average Inventory/Average Daily Cost of Goods Sold

Average Daily Cost of Goods Sold = Cost of Goods Sold / 365

Year 1 Ratio:

Year 2 Ratio:

Comments:

Comment briefly interpreting your results. In order to calculate two years of ratios, you will need to review there years of financial statement information. Supporting computations for reach ratio must be shown clearly.

10 points

IV.Property, Plant & Equipment

Write down the Property, Plant & Equipment values over the last two years. Show te breakdown of the numbers in this category. How have

the values changed? Do you believe this change is significant? Why or why not? Are

you surprised at these results? What information did you find about this category in

the Notes to the Financial Statements section? What information was provided about

the depreciation method(s) being used. Do not merely cut and paste from the

SEC 10 K report. Summarize the information using your own words as much as possible.

20 points

Your submission must cross reference the question numbers and the sub parts such as III a, III b etc. Failure to follow these instructions will result in loss of points.

Good Luck! Analyzing the SEC Annual Report is an important skill!


"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter


1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.