Comprehensive income includes all revenues, expenses, gains, losses, and dividends. A primary purpose of vertical analysis is to observe trends over a three-year period. In the vertical analysis of an income statement, each item is generally stated as a percentage of net income. Leverage and return on equity are closely related. Because pro forma earnings are based on specific rules, these amounts are highly reliable. Which of the following income statement figures would probably be the best indicator of a company’s future performance? 200,000. Assume that the company’s tax rate is 25%. What amounts will be reported on the income statement for income before irregular items and extraordinary items, respectively? If 2013 is the base year, what is the percentage increase in cost of goods sold from 2013 to 2015? The following schedule is a display of what type of analysis? 3,000,000 for the year. 400,000 in 2014. The weighted average number of shares outstanding in 2014 was 500,000 shares.

50 per share on the NASDAQ. The following information pertains to Blue Flower Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. What is the current ratio for this company? For each of the ratios listed below, indicate by the appropriate code letter, whether it is a liquidity ratio, a profitability ratio, or a solvency ratio. • Provide two (2) examples that demonstrate a change in your theories of financial accounting for managers since the beginning of this course. ], the least). Provide a rationale for your rating scheme. Students, please view the “Submit a Clickable Rubric Assignment” in the Student Center. Instructors, training on how to grade is within the Instructor Center. Use the Internet and / or Strayer databases to research budget planning and control. Imagine that the company that you currently work for, have previously worked for, or would like to work for in the future has tasked you with preparing a budget plan. 1. Describe the company that you currently work for, have previously worked for, or would like to work for in the future.

Determine at least two (2) compelling reasons that this company should prepare and manage a budget. Predict the two (2) most likely positive and negative financial outcomes for this company if it properly or improperly performs effective budgeting. 2. Outline a high-level budget plan for the company. In your high-level budget plan, recommend the most appropriate budgeting phases for the company. 3. Propose two (2) methods and techniques that the company should use to manage its budget over time in preparation for the fact that budgets are ever changing. 4. Imagine that the company is facing a financial challenge that is causing the actual amounts of money that it spends to become significantly off target from its budgeted amounts. Prepare an action plan to resolve the budget misalignment. In your action plan, recommend at least one (1) budgeting technique to resolve the budget and actual discrepancies. Provide a rationale for your response. 5. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources. • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions. • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length. • Evaluate management control systems and examine their relationship with accounting and planning, including feedback and non-financial performance measurements. • Evaluate decision making tools for capital investments, budgeting, and budgeting controls. • Analyze financial accounting tools and techniques that convert financial accounting data into information for decision making. • Use technology and information resources to research issues in financial accounting for managers. • Write clearly and concisely about financial accounting using proper writing mechanics.

If I notice that a lot of things are due the same week (like before fall and Christmas breaks), then I know I’ll need to start on those assignments earlier. Keep Track of it All. This is a potentially obsessive thing that I do: once I get all of my assignment dates put into my planner, I create a semester assignment spreadsheet in Excel. This is different from what is on the syllabus because I am combining all of the graded assignments from all of my classes into one consolidated list. I include the due date, name of assignment, and how many points it is worth. They are listed in the order that they are due… it also allows me to keep track of my grades and eliminates panic attacks. Write a Study Breakdown. Okay, this really is the most obsessive thing that I do, but I don’t care. After I create my semester assignment spreadsheet, I go to the daily view in my planner and write down what I need to work on for each day.

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