Internal financial information is not available to the public

Internal financial information is not available to the public, so we have to rely on external information for our analysis. Review financial statements for two…

Internal financial information is not available to the public, so we have to rely on external information for our analysis. Review financial statements for two years. […]
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The TMA covers the financial accounting concepts and practices in the businesses.

.jpg”>Arab Open University B291: TMA – 1st Semester 2013-2014 Cut-Off Date: 8th of December 2013About TMA: The TMA covers the financial accounting concepts and practices…

.jpg”>Arab Open University B291: TMA – 1st Semester 2013-2014 Cut-Off Date: 8th of December 2013About TMA: The TMA covers the financial accounting concepts and practices in […]
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Assignment, The Fortune 500 Company I chose is Pfizer, Inc a pharmaceutical Financial Ratio Analysis

The Fortune 500 Company I chose is Pfizer, Inc a pharmaceutical Financial Ratio Analysis 1.2 1.4 1.5 company Purpose of Assignment The purpose of this…

The Fortune 500 Company I chose is Pfizer, Inc a pharmaceutical Financial Ratio Analysis 1.2 1.4 1.5 company Purpose of Assignment The purpose of this assignment […]
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  Effective financial reporting depends on sound ethical behavior. Financial sca

  Effective financial reporting depends on sound ethical behavior. Financial scandals in accounting and the businesses world have resulted in legislation to ensure adequate disclosures…

 
Effective financial reporting depends on sound ethical behavior. Financial scandals in accounting and the businesses world have resulted in legislation to ensure adequate disclosures and honesty and integrity in financial reporting.  A sound economy is contingent on truthful and reliable financial reporting.
Instructions:
-Read the following scenario.
-Answer the questions that follow. Your answers should result in a 2-3 page submission. 
-Reference back to your text book for guidance on how to think through the scenario.
Scenario:
Imagine you are the assistant controller in charge of general ledger accounting at Linbarger Company. Your company has a large loan from an insurance company. The loan agreement requires that the company’s cash account balance be maintained at $200,000 or more, as reported monthly. At June 30, the cash balance is $80,000. You give this update to Lisa Infante, the financial vice president. Lisa is nervous and instructs you to keep the cash receipts book open for one additional day for purposes of the June 30 report to the insurance company. Lisa says, “If we don’t get that cash balance over $200,000, we’ll default on our loan agreement. They could close us down, put us all out of our jobs!” Lisa continues, “I talked to Oconto Distributors (one of Linbarger’s largest customers) this morning. They said they sent us a check for $150,000 yesterday. We should receive it tomorrow. If we include just that one check in our cash balance, we’ll be in the clear. It’s in the mail!”
Questions
1. What is the accounting problem that the Linbarger Company faces?
2. What are the ethical considerations in this case? Provide rationale for why these are ethical considerations.
3. What are the negative impacts that can happen if you do not follow Lisa Infante’s instructions to wait one more day to post the balance?
4. Who will be negatively impacted if you do comply? Provide a rationale for why these individuals will be impacted.
5. What is one alternative that you could pursue in this scenario? Support your recommendations with information you learned in this cl
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Effective financial reporting depends on sound ethical behavior. Financial sca appeared first on Essaybrook.

Financial Derivatives, Writing Help

Financial Derivatives Description Coursework (You need to read Chapter 4 of Chance and Brooks (Option Pricing: The Binomial Model) prior to attempting the coursework. Links…

Financial Derivatives Description Coursework (You need to read Chapter 4 of Chance and Brooks (Option Pricing: The Binomial Model) prior to attempting the coursework. Links to […]
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  Control of Business Better understanding how the basic financial statements re

  Control of Business Better understanding how the basic financial statements relate to one another and inform one another helps you to better understand your…

 
Control of Business
Better understanding how the basic financial statements relate to one another and inform one another helps you to better understand your business and keep better track of how the business is faring and anticipate resource needs.
How does your cash flow analysis differ from your profit and loss (P&L, or income statement)?
What expenses are reflected on the P&L and not in your cash flow analysis?
Conversely, what expenses are shown on your cash flow statement and not in your P&L? Why are they different?
What information exists on your balance sheet that is of interest to banks?
How else might the information on the balance sheet be used?
 
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Control of Business
Better understanding how the basic financial statements re appeared first on Essaybrook.

Step 1: List 3 goals you either have, or would like to have (Financial, Fitness,

Step 1: List 3 goals you either have, or would like to have (Financial, Fitness, Career, Education, Relationship, etc.)  Step 2: Use the S.M.A.R.T goal…

Step 1: List 3 goals you either have, or would like to have (Financial, Fitness, Career, Education, Relationship, etc.)  Step 2: Use the S.M.A.R.T goal format to further develop those goals.  Step 3: In 500-750 words (approximately 2-3 pages), explain how the process of creating a S.M.A.R.T. goal changed the way you look at goals.     Be sure to include all three steps in your assignment.  The requirements below must be met for your paper to be accepted and graded:  ·        Use APA style.  ·        Use font size 12 and 1” margins.  ·        Include cover page.
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Individual Hw–-2a: Financial (option A

Individual Hw–-2a: Financial (option A) Grade: 10-Pts 1) Type: Individual 2) Cover page: No cover page 3) Body: 2-5 pages double space, 12 points Arial…

Individual Hw–-2a: Financial (option A) Grade: 10-Pts 1) Type: Individual 2) Cover page: No cover page 3) Body: 2-5 pages double space, 12 points Arial or […]
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Financial Interview: Investment Strategy

Financial Interview: Investment Strategy Introduction The paper seeks to provide a comprehensive analysis of the individuals’ investment style and choices. One of the individuals is…

Financial Interview: Investment Strategy Introduction The paper seeks to provide a comprehensive analysis of the individuals’ investment style and choices. One of the individuals is a […]
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Financial Analysis of General Mills Vs. Kellogg

Financial Analysis of General Mills Vs. Kellogg Introduction Kellogg Company is a multinational company in food manufacturing industry. It focuses on producing cereals as well…

Financial Analysis of General Mills Vs. Kellogg Introduction Kellogg Company is a multinational company in food manufacturing industry. It focuses on producing cereals as well as […]
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