ACC 206 Slingshot Academy / ashacc206.com

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ACC 206 Slingshot Academy / ashacc206.com
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The progress of the world depends almost entirely
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Entire Course (New)
ACC 206 Week 1 Assignment Chapter One
Problems ACC 206 Week 1 DQ1 Cash Flows
Information ACC 206 Week 1 DQ2 Apple's Cash
Flow ACC 206 Week 2 Assignment Chapter Two and
Three Problems ACC 206 Week 2 DQ1 Stock
Features ACC 206 Week 2 DQ2 Role of Management
Accounting ACC 206 Week 2 Journal Institute of
Management Accounting ACC 206 Week 3 Assignment
Chapter Four and Five Problems
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 1 Assignment Chapter One Problems
(New)
Answer the following questionsWhy are noncash
transactions, such as the exchange of common
stock a building, included on a statement of cash
flows? How are these noncash transactions
disclosed? Chapter 1 Exercise 1 1.
Classification of activitiesClassify each of the
following transactions as arising from an
operating (O), investing (I), financing (F), or
noncash investing/financing (N) activity.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 1 DQ 2 Apple's Cash Flow (New)
Go to http//finance.yahoo.com. Enter in AAPL
and click on the get quote button, and it will
bring up information on Apple. On the left hand
side youll see a section on Financials. Within
that section, click on the cash flow. Review the
cash flow statement for Apple. How would you
summarize Apples cash flow position and what
does this statement tell you about where the
money is coming from and where its going? What
would you suggest Apples do to improve its cash
position and why? Guided Response Analyze
several of your peers postings. Do you agree
with the posting? Let at least two of your peers
know what you would add.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 1 DQ1 Cash Flows Information (New)
What information does the cash flow statement
provide that you cannot see in the other
financial statements (income statement, balance
sheet, owners equity)? What elements of the cash
flow statement do you think are most important
for company management to monitor and why? Is
this different for investors? Guided
Response Review your peers postings. Respond to
at least two of classmates, letting them know
whether you agree with the use of the cash flow
statement and why. Additionally, share elements
of the cash flow statement that you see as being
the greatest interest to investors (as opposed to
internal management) and why.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 2 Assignment Chapter Two and Three
Problems (New)
Please complete the following 7 exercises below
in either Excel or a word document (but must be
single document). You must show your work where
appropriate (leaving the calculations within
Excel cells is acceptable). Save the document,
and submit it in the appropriate week using the
Assignment Submission button. Chapter 2
Exercise 1 1. Issuance of stock Prepare journal
entries to record the issuance of 100,000 shares
of common stock at 20 per share for each of the
following independent cases a. Jackson
Corporation has common stock with a par value of
1 per share.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 2 DQ1 Stock Features (New)
1. What is callable preferred stock? Why do
corporations issue such stock? Given the
different features that are associated with stock
(callable, cumulative, preferred, etc.), what
type of stock would you want to buy personally
and why? Guided Response Review your peers
posts. Respond to at least two of your
classmates, letting them know if you agree with
their type of desired stock and whether your
answer would change (and why) based on
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 2 DQ2 Role of Management Accounting
(New)
Review the roles of management accounting within
a company. What is the most important role of
management accounting? How is that different than
financial accounting? Guided ResponseReview
your peer's responses. Respond to at least two of
your peers, adding at least two additional areas
that management accountants focus on that the
author didn't include
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 2 Journal Institute of Management
Accounting (New)
While there are many instances of overlap between
financial accounting and management accounting,
each groups primary focus is different. Review
the Institute of Management Accountings (IMA)
website, specifically the About IMA and the
Resources and Publications sections of the
website. Are you surprised by the topics that
management accountants are focusing on? Why or
why not? What interests you more, financial
accounting or management accounting?Carefully
review the Grading Rubric for the criteria that
will be used to evaluate your journal entry.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 3 Assignment Chapter Four and Five
Problems (New)
Please complete the following 7 exercises below
in either Excel or a word document (but must be
single document). You must show your work where
appropriate (leaving the calculations within
Excel cells is acceptable). Save the document,
and submit it in the appropriate week using the
Assignment Submission button. Chapter 4 Exercise
3 3. Cost flows and overhead application
Cleveland Metals uses a job cost system and
applies factory overhead to production at a
predetermined rate of 180 of direct labor cost.
Data pertaining to recent operations follow.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 3 DQ 2 CVP and the Airline Industry
(New)
Weve all experienced (or heard about) the
challenges that the airlines have been facing.
Read the Zacks Investment Research article,
Airline Industry Stock Outlook August 2012
Identify three factors that are affecting airline
companys ability to break even. For each of your
factors, discuss how these have an impact on the
breakeven (contribution margin, fixed costs,
variable costs, a combination, etc.), and what
happens if these factors increase or
decrease. Guided Response Review your peers
posts and respond to at least two of your peers.
In each response, add two factors that your
classmate hasnt included and explain how your
additional factors influence the break-even
point.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 3 DQ1 Issues in Costing (New)
Describe three issues/problems that a company
could encounter when trying to determine the
actual cost of a good or service to be used in
the cost of goods sold. For each of your issues,
provide an example of a company or industry where
these issues could be present. Guided
ResponseReview your peers posts and respond to
at least two of your classmates. Describe how
job order costing or activity-based costing could
resolve the issues your classmates mentioned in
their posts.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 3 Journal Hershey Company (New)
Go the Hershey website to learn how to make
Hershey chocolate. Review the process and take a
look at some of the videos. Pay particular
attention to the process steps of milling and
pressing, mixing the ingredients, and refining.
In at least one paragraph, describe the costing
system that you would recommend Hershey use to
account for its cost of goods sold and why.
Include a few product costs you think would be
traceable, which costs should be allocated, and
how Hershey should account and apply the
manufacturing overhead costs.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 4 Assignment Chapter Six and Seven
Problems (New)
Please complete the following 8 exercises below
in either Excel or a word document (but must be
single document). You must show your work where
appropriate (leaving the calculations within
Excel cells is acceptable). Save the document,
and submit it in the appropriate week using the
Assignment Submission button. Chapter 6
Exercise 2 2. Schedule of cash collectionsSugarla
nd Company sells a single product and anticipates
opening a new facility in Charlotte on May 1 of
the current year. Expected sales during the first
three months of activity are May, 60,000 June,
80,000 and July, 85,000.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 4 DQ 2 Flexible Budgets (New)
Flexible budgets provide different information
than static budgets. Discuss some of these
differences. Is a flexible budget always better?
Are there times when youd recommend using a
static budget over a flexible budget? Guided
ResponseReview your peers posts and respond to
at least two of your classmates. Discuss whether
you agree or disagree with the uses of a flexible
budget and why.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 4 DQ1 Issues in Standard Costs and
Budgeting (New)
Review the Standard costs wake up and smell the
coffee.article. When evaluating performance, many
organizations compare current results with the
actual results of previous accounting periods. Is
an organization that follows this approach likely
to encounter any problems? Explain. Guided
ResponseReview your peers posts and respond to
at least two of your classmates. Describe how job
order costing, process costing, or activity based
costing could resolve or exacerbate the issues
your classmates discussed in their initial posts.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 5 Assignment Chapter Eight Problems
(New)
Please complete the following 5 exercises below
in either Excel or a word document (but must be
single document). You must show your work where
appropriate (leaving the calculations within
Excel cells is acceptable). Save the document,
and submit it in the appropriate week using the
Assignment Submission button. Chapter 8
Exercise 1 1. Basic present value
calculations Calculate the present value of the
following cash flows, rounding to the nearest
dollar a. A single cash inflow of 12,000
in five years, discounted at a 12 rate of return.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 5 Assignment Final Paper (New)
Focus of the Final PaperYouve just been hired
onto ABC Company as the corporate controller. ABC
Company is a manufacturing firm that specializes
in making cedar roofing and siding shingles. The
company currently has annual sales of around 1.2
million, a 25 increase from the previous year.
The company has an aggressive growth target of
reaching 3 million annual sales within the next
3 years. The CEO has been trying to find
additional products that can leverage the current
ABC employee skillset as well as the
manufacturing facilities.
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 5 DQ 1 Long-term Decision Making
(New)
List a few of the issues and considerations
businesses should have when it comes to the
selection of long-term investments and how those
issues impact the various financial
statements.Guided ResponseReview your peers
posts. Respond to at least two of your peers
describing how these issues can be overcome by
the tools discussed in this chapter and why
(i.e., looking at IRR, NPV, cash flow).
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ACC 206 Slingshot Academy / ashacc206.com
ACC 206 Week 5 DQ 2 Responsibilities in
Management Accounting (New)
Review the rights and responsibilities of
Certified Management Accountants
http//www.imanet.org/PDFs/Public/CMA/RIghts_Resp
onsibility_CMA.pdfWhat are some of the ethical
responsibilities and obligations that management
accountants have within an organization? Provide
some examples. Are these responsibilities
different than the obligations for financial
accountants?
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The progress of the world depends almost entirely
upon education