SlideShare a Scribd company logo

HCS 380 Effective Communication/tutorialrank.com

Download as DOCX, PDF
J
jonhson221

The document outlines various weekly assignments for a course on health care accounting, including creating reference charts for business organizations, completing exercises in WileyPLUS, preparing financial statements, and drafting a PowerPoint presentation on financial statement components. It requires students to utilize Excel for calculations and to support their assignments with peer-reviewed references. Additionally, it specifies the format and structure for written assignments, emphasizing the importance of meeting deadlines.

Education
1 of 80
Download to read offline
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
HCS 380 Week 1 Individual Assignment Reference Chart For more course tutorials visit www.tutorialrank.com Reference Chart Instructions: Create a chart detailing the three different forms of business organizations (proprietorships, partnerships, and corporations). Also include key users of financial information and briefly explain their roles. Cite 3 peer-reviewed, scholarly, or similar references to support your paper.
Click on the Assignment Files tab to submit your assignment. =============================================== HCS 380 Week 1 WileyPLUS (Ex 1-15, Ex Problem 1- 3A, Ex 2-1, Ex 2-5, Problem 2-3A) For more course tutorials visit www.tutorialrank.com This Tutorial contains Excel Sheet which can be used to solve below mentioned Problem for any numbers/values Complete the assigned exercises in WileyPLUS. Excel Exercise 1-15 Excel Problem 1-3A Exercise 2-1
Exercise 2-5 Problem 2-3A Problem 2-2A You should see the following assignments that are due for a grade: • Chapter 1 - Excel assignment; • Chapter 2 - Homework assignment – wileyplus prepare excel sheet • Chapter 2 – Problems -- prepare excel sheet NOTE: Assignment must be completed by Due Date. E1-15 Classify items as assets, liabilities, and stockholders' equity, and prepare accounting equation Suppose the following items were taken from the balance sheet of Nike, Inc. (All items are in millions.) 1. Cash $2,291.1 7. Inventory $2,357.0
2. Accounts receivable 2,883.9 8. Income taxes payable 86.3 3. Common stock 2,874.2 9. Equipment 1,957.7 4. Notes payable 342.9 10. Retained earnings 5,818.9 5. Buildings 3,759.9 11. Accounts payable 2,815.8 6. Mortgage payable 1,311.5 Instructions (a) Classify each of these items as an asset, liability, or stockholders' equity and determine the total dollar amount for each classification. (b) Determine Nike's accounting equation by calculating the value of total assets, total liabilities, and total stockholders' equity. (c ) To what extent does Nike rely on debt versus equity financing? NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" P1-3A Prepare an income statement, retained earnings statement and balance sheet; discuss results
On June 1, Hightower Service Co. was started with an initial investment in the company of $22,100 cash. Here are the assets, liabilities, and common stock of the company at June 30, and the revenues and expenses for the month of June, its first month of operations: Cash $4,600 Notes payable $12,000 Accounts receivable 4,000 Accounts payable 500 Service revenue 7,500 Supplies expense 1,000 Supplies 2,400 Maintenance and repairs expense 600 Advertising expense 400 Utilities expense 300 Equipment 26,000 Salaries and wages expense 1,400 Common Stock 22,100 In June, the company issued no additional stock but paid dividends of $1,400. Instructions (a) Prepare an income statement and retained earnings statement for the month of June and a balance sheet at June 30, 2014.
(b) Briefly discuss whether the company's first month of operations was a success. (c ) Discuss the company's decision to distribute a dividend. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . Exercise 2-1 Classify each of the following financial statement items taken from Mordica Corporation’s balance sheet. Accounts payable Accounts receivable Entry field with incorrect answer Accumulated depreciation—equipment Buildings Cash Interest payable Goodwill Income taxes payable Inventory
Stock investments (to be Land (in use) Mortgage payable Supplies Equipment Prepaid rent Exercise 2-5 These items are taken from the financial statements of Donavan Co. at December 31, 2014. Buildings $121,035 Accounts receivable
14,414 Prepaid insurance 3,661 Cash 13,545 Equipment 94,266 Land
70,013 Insurance expense 892 Depreciation expense 6,063 Interest expense 2,974 Common stock 68,640
Retained earnings (January 1, 2014) 45,760 Accumulated depreciation—buildings 52,166 Accounts payable 10,868 Notes payable 107,078
Accumulated depreciation—equipment 21,416 Interest payable 4,118 Service revenue 16,817 Problem 2-3A You are provided with the following information for Ramirez Enterprises, effective as of its April 30, 2014, year-end. Accounts payable
$ 868 Accounts receivable 918 Accumulated depreciation—equipment 670 Cash 1,378 Common stock
1,224 Cost of goods sold 1,094 Depreciation expense 301 Dividends 359 Equipment 2,528
Income tax expense 199 Income taxes payable 169 Insurance expense 244 Interest expense 434
Inventory 1,075 Land 3,208 Mortgage payable 3,608 Notes payable 169 Prepaid insurance
94 Retained earnings (beginning) 1,600 Salaries and wages expense 666 Salaries and wages payable 256 Sales revenue
5,208 Stock investments (short-term) 1,274 Prepare an income statement for Ramirez Enterprises for the year ended April 30, 2014. Problem 2-2A These items are taken from the financial statements of Tresh Corporation for 2014. Retained earnings (beginning of year) $34,462 Utilities expense
2,128 Equipment 69,462 Accounts payable 23,048 Cash 12,343 Salaries and wages payable
4,884 Common stock 12,000 Dividends 12,000 Service revenue 71,415 Prepaid insurance 5,384
Maintenance and repairs expense 1,672 Depreciation expense 3,189 Accounts receivable 16,448 Insurance expense 2,611
Salaries and wages expense 40,415 Accumulated depreciation—equipment 19,843 =============================================== HCS 380 Week 2 Team Assignment Financial Statement Components (2 PPT) For more course tutorials visit www.tutorialrank.com
This Tutorial contains 2 PPT HCS 380 Week 2 Team Assignment Financial Statement Components Financial Statement Components Instructions: Your team has been asked by a local community college instructor to speak to a class about health care accounting. The instructor has asked you to prepare a 10-to 15- slide Microsoft® PowerPoint® presentation in
which you do the following: • Describe the relationship between financial statements and the supplemental components comprised in an annual report. • Explain how the accounting equation affects financial statement components. • Determine the effects of transactions on the accounting equation. Include the following with your presentation: • Detailed speaker notes • Specific examples • A 1-page handout to give to students
Format your presentation according to APA guidelines. Cite 3 peer-reviewed, scholarly, or similar references to support your paper. Click on the Assignment Files tab to submit your assignment. =============================================== HCS 380 Week 2 WileyPLUS Excel Assignment (Ex 4- 12, Ex 4-13, Ex 4-16, Ex P4-1A) For more course tutorials visit www.tutorialrank.com Complete the assigned exercises in WileyPLUS. You should see the following assignments that are due for a grade: •
o Chapter 4 - Excel assignment NOTE: Assignment must be completed by Due Date. Automatic deduction of 50% of points if received after due date. No points awarded if completed after 4 days from Due Date. Excel Exercise 4-12 Excel Exercise 4-13 Excel Exercise 4-16 Excel Problem 4-1A E4-12 Prepare a correct income statement The income statement of Garska Co. for the month of July shows net income of $2,000 based on Service Revenue $5,500; Salaries and Wages $2,100; Supplies Expense $900; and Utilities Expense $500. In reviewing the statement, you discover the following: 1. Insurance expired during July of $350 was omitted.
2. Supplies expense includes $200 of supplies that are still on hand at July 31. 3. Depreciation on equipment of $150 was omitted. 4. Accrued but unpaid wages at July 31 of $360 were not included, 5. Services performed but unrecorded totaled $700. Instructions Prepare a correct income statement for July 2014. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . E4-13 Analyze adjusted data This is a partial adjusted trial balance of Barone Company BARONE COMPANY Adjusted Trial Balance January 31, 2014 Debit Credit Supplies $700 Prepaid Insurance 1,560
Salaries and Wages Payable $1,060 Unearned Service Revenue 750 Supplies Expense 950 Insurance Expense 520 Salaries and Wages Expense 1,800 Service Revenue 4,000 Instructions Answer these questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $300 of supplies was purchased in January, what was the balance in Supplies on January 1? (b) If the amount in Insurance Expense is the January 31 adjusting entry, and the original insurance premium was for 1 year, what was the total premium and when was the policy purchased? (c ) If $2,500 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2013?
(d) If $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2013? NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . E4-16 Prepare adjusting entries from analysis of trial balance The trial balance shown below are before and after adjustment for Bere Company at the end of its fiscal year. BERE OMPANY Trial Balance August 31, 2014 Instructions Prepare the adjusting entries that were made NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" .
P4-1A Record transactions on accrual basis; convert revenue to cash receipts The following selected data are taken from the comparative financial statements of American Curling Club. The club prepares its financial statements using the accrual basis of accounting. Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such as the Skins Game. Instructions (Hint: You will find it helpful to use T-accounts to analyze the following data. You must analyze these data sequentially, as missing information must first be deduced before moving on. Post your journal entries as you progress, rather than waiting until the end.) (a) Prepare journal entries for each of the following events that took place during 2014. 1. Dues receivable from members from 2013 were all collected during 2014.
2. During 2014, goods were provided for all of the unearned sales revenue at the end of 2013. 3. Additional tickets were sold for $44,000 cash during 2014, a portion of these were used by the purchasers during the year. The entire balance remaining in Unearned Sales Revenue relates to the upcoming Skins Game in 2014. 4. Dues for the 2013-2014 fiscal year were billed to members. 5. Dues receivable for 2014 (i.e., those billed in item (4) above ) were partially collected. (b) Determine the amount of cash received by American from the above transactions during the year ended September 30, 2014. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . =============================================== HCS 380 Week 3 Individual Assignment Accounting Comparison (2 Papers)
For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers HCS 380 Week 3 Individual Assignment Accounting Comparison Accounting Comparison Instructions: Create a diagram comparing accrual and cash accounting. Also include a 350- to 700-word summary of the differentiation and uses of the two. Cite 3 peer-reviewed, scholarly, or similar references to support your
paper. Click on the Assignment Files tab to submit your assignment. =============================================== HCS 380 Week 3 WileyPLUS Ex 13-9, Ex 13-13 For more course tutorials visit www.tutorialrank.com This Tutorial contains Excel Sheet which can be used to solve below mentioned Problem for any numbers/values Complete the assigned exercises in WileyPLUS. Exercise 13-9 Exercise 13-13
Exercise 13-9 Your answer is partially correct. Kinder Company has these comparative balance sheet data: KINDER COMPANY Balance Sheets December 31 2014 2013 Cash $ 29,895
$ 59,790 Accounts receivable (net) 139,510 119,580 Inventory 119,580 99,650 Plant assets (net)
398,600 358,740 $687,585 $637,760 Accounts payable $ 99,650 $ 119,580 Mortgage payable (15%)
199,300 199,300 Common stock, $10 par 279,020 239,160 Retained earnings 109,615
79,720 $687,585 $637,760 Additional information for 2014: 1. Net income was $30,600. 2. Sales on account were $377,000.Sales returns and allowances amounted to $26,600.
3. Cost of goods sold was $201,000. 4. Net cash provided by operating activities was $58,500. 5. Capital expenditures were $26,100, and cash dividends were $17,300. Compute the following ratios at December 31, 2014. Exercise 13-13
Your answer is partially correct. The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below. ELLIOTT COMPANY Balance Sheets December 31 (in thousands) 2014 2013 Current assets Cash and cash equivalents $330
$360 Accounts receivable (net) 545 475 Inventory 640 570 Prepaid expenses
130 160 Total current assets 1,645 1,565 Property, plant, and equipment (net) 410
380 Investments 85 85 Intangibles and other assets 530 510 Total assets
$2,670 $2,540 Current liabilities $895 $865 Long-term liabilities 660 560
Stockholders’ equity—common 1,115 1,115 Total liabilities and stockholders’ equity $2,670 $2,540 ELLIOTT COMPANY Income Statements For the Year Ended December 31 (in thousands)
2014 2013 Sales revenue $3,980 $3,640 Costs and expenses Cost of goods sold
1,045 965 Selling & administrative expenses 2,400 2,330 Interest expense 10 20
Total costs and expenses 3,455 3,315 Income before income taxes 525 325 Income tax expense 210
130 Net income $ 315 $ 195 Compute the following ratios for 2014 and 2013. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.) (a) Current ratio. (b)
Inventory turnover. (Inventory on December 31, 2012, was $380.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2012, were $1,950.) (e) Return on common stockholders’ equity. (Equity on December 31, 2012, was $940.) (f)
Debt to assets ratio. (g) Times interest earned. =============================================== HCS 380 Week 4 Individual Signature Assignment Financial Statement (2 Papers) For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers
Signature Assignment: Financial Statement Instructions: The community college instructor has asked for your help again. This time, he has asked for you to personally create a document he could give to his students. Write a 750- to 1,050-word paper in which you: • Explain the ways financial information is used in health care organizations. • Explain the use of the financial statement analysis as a method to
address financial issues. • Analyze the effects of unusual or irregular items on financial statements. Format your paper according to APA guidelines. Cite 3 peer-reviewed, scholarly, or similar references to support your paper. Click on the Assignment Files tab to submit your assignment. =============================================== HCS 380 Week 4 WileyPlus Ex 7-8, Ex7-14 For more course tutorials visit www.tutorialrank.com
This Tutorial contains Excel Sheet which can be used to solve below mentioned Problem for any numbers/values Complete the assigned exercises in WileyPLUS. Chapter 7 - Excel Assignment (E7-8); Chapter 7 - Excel Assignment (E7-14: Cash Budget) Exercise 7-8 The following information pertains to Joyce Company. 1. Cash balance per bank, July 31, $7,419. 2. July bank service charge not recorded by the depositor $57.
3. Cash balance per books, July 31, $7,455. 4. Deposits in transit, July 31, $2,791. 5. Note for $2,091 collected for Joyce Company in July by the bank, plus interest $55 less fee $39. The collection has not been recorded by Joyce Company, and no interest has been accrued. 6. Outstanding checks, July 31, $705.
Exercise 7-14 Enright Company expects to have a cash balance of $63,550 on January 1, 2014. These are the relevant monthly budget data for the first two months of 2014. 1. Collections from customers: January $88,550, February $163,550. 2. Payments to suppliers: January $57,550, February $92,550. 3. Wages: January $30,161, February $40,161. Wages are paid in the month they are incurred. 4.
Administrative expenses: January $21,161, February $24,161. These costs include depreciation of $1,000 per month. All other costs are paid as incurred. 5. Selling expenses: January $15,161, February $20,161. These costs are exclusive of depreciation. They are paid as incurred. 6. Sales of short-term investments in January are expected to realize $12,161 in cash. Enright has a line of credit at a local bank that enables it to borrow up to $25,000. The company wants to maintain a minimum monthly cash balance of $37,550. Prepare a cash budget for January and February.
=============================================== HCS 380 Week 5 Individual Signature Assignment Cash Control (2 Papers) For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers Signature Assignment: Cash Control Instructions: Write a 750- to 1,050-word paper in which you:
• Explain the principles of internal control. • Explain the use of cash and internal controls to prevent fraud. • Explain why corporations invest in stocks and debt securities. • Explain how debt and stock investments are reported in financial statements. Format your paper according to APA guidelines. Cite 3 peer-reviewed, scholarly, or similar references to support your paper. Click on the Assignment Files tab to submit your assignment. ===============================================
HCS 380 Week 5 Team Assignment Business Proposal (2 Papers) For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers HCS 380 Week 5 Team Assignment Business Proposal Business Proposal Instructions:
For this assignment, you will use the consolidated financial statements you chose in Week Four. As a team, analyze your chosen consolidated financial statements and make recommendations to leadership based on your findings. Write a 750- to 1,050-word proposal, and include a link to your chosen financial statements. Format your proposal according to APA guidelines. Cite 3 peer-reviewed, scholarly, or similar references to support your paper. Click on the Assignment Files tab to submit your assignment.
SupportingMaterial:Business Proposal Grading Guide =============================================== HCS 380 Week 5 WileyPLUS Ex 10-8A, Ex 10-8B, Ex 10-10A, Problem 11-2A, 11-7A For more course tutorials visit www.tutorialrank.com This Tutorial contains Excel Sheet which can be used to solve All Wiley Problem for any numbers/values Complete the assigned exercises in WileyPLUS Excel Problem 10-8A Excel Problem 10-8B Excel Problem 10-10A
Problem 11-2A Problem 11-7A P10-8A Prepare journal entries to record issuance of bonds, interest, straight-line amortization, and balance sheet presentation and balance sheet presentation Yung Corporation sold $2,000,000, 7%, 5 year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on January 1. The company uses straight-line amortization on bond premiums or discounts. Instructions (a) Prepare all necessary journal entries to record the issuance of the bonds and bond interest expense for 2014, assuming the bond sold at 102.
(b) Prepare journal entries as in part (a) assuming the bonds sold at 97. (c ) Show the balance sheet presentation for the bond issue at December 31, 2014, using (1) the 102 selling price, and then (2) the 97 selling price NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . P10-8B Prepare journal entries to record issuance of bonds, interest, straight-line amortization, and balance sheet presentation and balance sheet presentation Holmes Corporation sold $2,200,000, 8%, 5-year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on January 1. Holmes Corporation uses the straight-line method to amortize bond premiums or discounts. Instructions (a) Prepare all necessary journal entries to record the issuance of the bonds and bond interest expense for 2014, assuming the bond sold at 102. (b) Prepare journal entries as in part (a) assuming g the bonds sold at 98.
(c ) Show the balance sheet presentation for the bond issue at December 31, 2014, using (1) the 102 selling price, and then (2) the 98 selling price NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . P10-10A Prepare journal entries to record issuance of bonds, payment of interest, and amortization of bond discount using effective interest method. On January 1, 2014, Lock Corporation issued $1,800,000 face value, 5% 10 -year bonds at $1,667,518 This price resulted in an effective-interest rate of 6% on the bonds. Lock uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1. Instructions: (Round all computations to the nearest dollar.) (a) Prepare the journal entry to record the issuance of the bonds on January 1, 2014.
(b) Prepare an amortization table through December 31, 2016, (three interest periods) for this bond issue. Problem 11-2A The stockholders’ equity accounts of Miley Corporation on January 1, 2014, were as follows. Preferred Stock (7%, $100 par noncumulative, 4,100 shares authorized) $246,000 Common Stock ($3 stated value, 338,600 shares authorized) 812,640 Paid-in Capital in Excess of Par Value—Preferred Stock
12,300 Paid-in Capital in Excess of Stated Value—Common Stock 270,880 Retained Earnings 698,300 Treasury Stock—(4,100 common shares) 32,800
During 2014, the corporation had the following transactions and events pertaining to its stockholders’ equity. Feb. 1 Issued 5,300 shares of common stock for $31,800. Mar. 20 Purchased 1,760 additional shares of common treasury stock at $7 per share. Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 1
Paid the dividend declared on October 1. Dec. 1 Declared a $0.90 per share cash dividend to common stockholders of record on December 15, payable December 31, 2014. Dec. 31 Determined that net income for the year was $277,500. Paid the dividend declared on December 1. Journalize the transactions. Enter the beginning balances in the accounts and post the journal entries to the stockholders’ equity accounts. Prepare the stockholders’ equity section of the balance sheet at December 31, 2014.
Calculate the payout ratio, earnings per share, and return on common stockholders’ equity. Problem 11-7A Your answer is incorrect. Cepeda Company manufactures backpacks. During 2014, Cepeda issued bonds at 11% interest and used the cash proceeds to purchase treasury stock. The following financial information is available for Cepeda Company for the years 2014 and 2013. 2014 2013 Sales revenue $26,802,000
$26,802,000 Net income 6,670,720 7,445,000 Interest expense 657,000 183,960 Tax expense
1,995,260 2,233,500 Dividends paid on common stock 1,169,460 1,348,164 Dividends paid on preferred stock 394,200 394,200
Total assets (year-end) 43,181,000 50,253,750 Average total assets 20,613,375 23,340,582 Total liabilities (year-end) 7,884,000
3,942,000 Avg. total common stockholders’ equity 12,351,600 18,527,400 (a) Use the information above to calculate the following ratios for both years: =============================================== HCS 380 Wileyplus Exercise 13 9 (Solution with Excel file) For more course tutorials visit
www.tutorialrank.com Just enter the value and get the answer, this excel file will work for any value Kinder Company has these comparative balance sheet data: KINDER COMPANY Balance Sheets December 31 2014 2013
Cash $ 34,290 $ 68,580 Accounts receivable (net) 160,020 137,160 Inventory 137,160 114,300 Plant assets (net) 457,200 411,480 =============================================== HCS 380 Wileyplus Exercise 13 13 (Solution with Excel file) For more course tutorials visit www.tutorialrank.com Just enter the value and get the answer, this excel file will work for any value
The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below. ELLIOTT COMPANY Balance Sheets December 31 (in thousands) 2014 2013 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 648 578
Inventory 655 585 Prepaid expenses 130 160 Total current assets 1,763 1,683 Property, plant, and equipment (net) 410 380 Investments 188 188 Intangibles and other assets 530 510 Total assets $2,891 $2,761 Current liabilities $998 $968 Long-term liabilities 675 575 Stockholders’ equity—common 1,218 1,218
Total liabilities and stockholders’ equity $2,891 $2,761 ELLIOTT COMPANY Income Statements For the Year Ended December 31 (in thousands) 2014 2013 Sales revenue $3,995 $3,655 Costs and expenses Cost of goods sold 1,148 1,068 Selling & administrative expenses 2,400 2,330 Interest expense 10 20
Total costs and expenses 3,558 3,418 Income before income taxes 437 237 Income tax expense 175 95 Net income $ 262 $ 142 Compute the following ratios for 2014 and 2013. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.) (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2012, was $400.)
(c) Profit margin. (d) Return on assets. (Assets on December 31, 2012, were $2,700.) (e) Return on common stockholders’ equity. (Equity on December 31, 2012, was $990.) (f) Debt to assets ratio. (g) Times interest earned. ===============================================

More Related Content

DOCX
HCS 380 RANK Lessons in Excellence-- hcs380rank.com
RoelofMerwe105
 
DOCX
HCS 380 RANK Education Your Life / hcs380rank.com
qwedfgb
 
PDF
Hcs 380 Teaching Effectively--tutorialrank.com
Soaps113
 
DOCX
HCS 380 Education Specialist / snaptutorial.com
McdonaldRyan90
 
PDF
Hcs 380 Believe Possibilities / snaptutorial.com
Davis21a
 
PDF
HCS 380 RANK Introduction Education--hcs380rank.com
agathachristie282
 
PDF
HCS 380 RANK Education Planning--hcs380rank.com
WindyMiller14
 
PDF
HCS 380 RANK Inspiring Innovation--hcs380rank.com
agathachristie59
 
HCS 380 RANK Lessons in Excellence-- hcs380rank.com
RoelofMerwe105
 
HCS 380 RANK Education Your Life / hcs380rank.com
qwedfgb
 
Hcs 380 Teaching Effectively--tutorialrank.com
Soaps113
 
HCS 380 Education Specialist / snaptutorial.com
McdonaldRyan90
 
Hcs 380 Believe Possibilities / snaptutorial.com
Davis21a
 
HCS 380 RANK Introduction Education--hcs380rank.com
agathachristie282
 
HCS 380 RANK Education Planning--hcs380rank.com
WindyMiller14
 
HCS 380 RANK Inspiring Innovation--hcs380rank.com
agathachristie59
 

What's hot (15)

PDF
HCS 380 RANK Education Counseling--hcs380rank.com
williamwordsworth43
 
PPT
Uop acc-290-week-4-practice-connect-practice-assignment
avengershulk294
 
PDF
Ab mojakoe-20122013
Farah Fauziah Hilman
 
DOC
Uop acc 290 week 4 practice connect practice assignment
programmers799
 
DOCX
ACC 291 GENIUS new Become Exceptional--acc291genius.com
kopiko119
 
DOC
Uop acc 290 week 5 practice connect practice assignment
programmers799
 
PDF
Mojakoe ak 1
Farah Fauziah Hilman
 
DOC
Acc 205 Education Organization / snaptutorial.com
Baileya116
 
DOCX
Acc 557 homework 1 5 complete solution
Lisaha milton
 
DOC
ACC 205 Effective Communication / snaptutorial.com
Baileyz
 
PDF
ACCT 504 Education Planning--acct504.com
WindyMiller42
 
PDF
ACCT 504 Remember Education--acct504.com
chrysanthemu62
 
PDF
Acc 205 Exceptional Education / snaptutorial.com
Davis136
 
PDF
ACCT 504 Achievement Education--acct504.com
agathachristie166
 
PDF
ACCT 504 Redefined Education--acct504.com
agathachristie203
 
HCS 380 RANK Education Counseling--hcs380rank.com
williamwordsworth43
 
Uop acc-290-week-4-practice-connect-practice-assignment
avengershulk294
 
Ab mojakoe-20122013
Farah Fauziah Hilman
 
Uop acc 290 week 4 practice connect practice assignment
programmers799
 
ACC 291 GENIUS new Become Exceptional--acc291genius.com
kopiko119
 
Uop acc 290 week 5 practice connect practice assignment
programmers799
 
Mojakoe ak 1
Farah Fauziah Hilman
 
Acc 205 Education Organization / snaptutorial.com
Baileya116
 
Acc 557 homework 1 5 complete solution
Lisaha milton
 
ACC 205 Effective Communication / snaptutorial.com
Baileyz
 
ACCT 504 Education Planning--acct504.com
WindyMiller42
 
ACCT 504 Remember Education--acct504.com
chrysanthemu62
 
Acc 205 Exceptional Education / snaptutorial.com
Davis136
 
ACCT 504 Achievement Education--acct504.com
agathachristie166
 
ACCT 504 Redefined Education--acct504.com
agathachristie203
 
Ad

Similar to HCS 380 Effective Communication/tutorialrank.com (20)

DOC
HCS 380 Doing by learn/newtonhelp.com
bellflower134
 
DOC
Hcs 380 Future Our Mission/newtonhelp.com
amaranthbeg16
 
DOC
HCS 380 Become Exceptional/newtonhelp.com
bellflower156
 
DOC
Uop hcs 380 week 1 wiley plus
uopassignment
 
DOCX
Week 2 Homework TemplateProblem 3-2B (a) Show the effects of.docx
melbruce90096
 
DOCX
Instructions be advised, the template workbooks and worksheets are
ssuserd93c47
 
DOC
Uop acc 290 week 3 wiley plus
vernonlopezz
 
DOC
Uop acc 290 week 3 wiley plus
charlesangles123
 
DOC
Uop acc 290 week 3 wiley plus
programmers799
 
DOC
Uop acc 290 week 3 wiley plus
olivergeorg
 
DOC
Uop acc 290 week 3 wiley plus
olivergeorg
 
DOCX
ACC 421 Effective Communication/tutorialrank.com
jonhson170
 
PPT
Uop acc-290-week-2-wiley plus
avengershulk294
 
PPT
Uop acc-290-week-3-wiley plus-100--correct
indi7257
 
DOC
Acc 421 Exceptional Education-snaptutorial.com
robertleses1
 
DOCX
Acc 421 Extraordinary Success/newtonhelp.com
amaranthbeg135
 
DOCX
ACC 421 Enhance teaching / snaptutorial.com
donaldzs47
 
DOCX
Devry acct504 full course latest
SteveCoach
 
PDF
ACC 421 Enhance teaching - tutorialrank.com
LeoTolstoy05
 
PDF
Acc 421 Teaching Effectively--tutorialrank.com
Soaps68
 
HCS 380 Doing by learn/newtonhelp.com
bellflower134
 
Hcs 380 Future Our Mission/newtonhelp.com
amaranthbeg16
 
HCS 380 Become Exceptional/newtonhelp.com
bellflower156
 
Uop hcs 380 week 1 wiley plus
uopassignment
 
Week 2 Homework TemplateProblem 3-2B (a) Show the effects of.docx
melbruce90096
 
Instructions be advised, the template workbooks and worksheets are
ssuserd93c47
 
Uop acc 290 week 3 wiley plus
vernonlopezz
 
Uop acc 290 week 3 wiley plus
charlesangles123
 
Uop acc 290 week 3 wiley plus
programmers799
 
Uop acc 290 week 3 wiley plus
olivergeorg
 
Uop acc 290 week 3 wiley plus
olivergeorg
 
ACC 421 Effective Communication/tutorialrank.com
jonhson170
 
Uop acc-290-week-2-wiley plus
avengershulk294
 
Uop acc-290-week-3-wiley plus-100--correct
indi7257
 
Acc 421 Exceptional Education-snaptutorial.com
robertleses1
 
Acc 421 Extraordinary Success/newtonhelp.com
amaranthbeg135
 
ACC 421 Enhance teaching / snaptutorial.com
donaldzs47
 
Devry acct504 full course latest
SteveCoach
 
ACC 421 Enhance teaching - tutorialrank.com
LeoTolstoy05
 
Acc 421 Teaching Effectively--tutorialrank.com
Soaps68
 
Ad

Recently uploaded (20)

DOC
Soft-furnishing-By-Architect-A.F.M.Mohiuddin-Akhand.doc
ArchitectAFMMohiuddi
 
PDF
My India Quiz Book_20210205121199924.pdf
AtandraDey2
 
PPTX
Virtual and Augmented Reality in Current Scenario
Shruti Dalela
 
PDF
ChatGPT for Dummies - Pam Baker Ccesa007.pdf
Demetrio Ccesa Rayme
 
PDF
medical_surgical_nursing_10th_edition_ignatavicius_TEST_BANK_pdf.pdf
victor kamau
 
PDF
CISA (Certified Information Systems Auditor) Domain-Wise Summary.pdf
infosecTrain
 
PDF
A GUIDE TO GENETICS FOR UNDERGRADUATE MEDICAL STUDENTS
DrBincy A. S
 
PDF
Hazard Identification & Risk Assessment .pdf
estagiarioprotegesms
 
PDF
Vision Prelims GS PYQ Analysis 2011-2022 www.upscpdf.com.pdf
navneetgupta711851
 
PDF
Indian roads congress 037 - 2012 Flexible pavement
offersjackpot
 
PDF
David L Page_DCI Research Study Journey_how Methodology can inform one's prac...
David L Page
 
PDF
1_English_Language_Set_2.pdf probationary
emailjagmeetsingh9
 
PPTX
TNA_Presentation-1-Final(SAVE)) (1).pptx
RomnickTanilon
 
PDF
HVAC Specification 2024 according to central public works department
amitrobanipl
 
PDF
Chinmaya Tiranga quiz Grand Finale.pdf
Nitin Suresh
 
PPTX
History, Philosophy and sociology of education (1).pptx
tmdth1
 
PPTX
Chinmaya Tiranga Azadi Quiz (Class 7-8 )
Nitin Suresh
 
PDF
AI-driven educational solutions for real-life interventions in the Philippine...
EleniIlkou
 
PDF
Weekly quiz Compilation Jan -July 25.pdf
Nitin Suresh
 
PDF
1.3 FINAL REVISED K-10 PE and Health CG 2023 Grades 4-10 (1).pdf
JohnJerryDalawampu
 
Soft-furnishing-By-Architect-A.F.M.Mohiuddin-Akhand.doc
ArchitectAFMMohiuddi
 
My India Quiz Book_20210205121199924.pdf
AtandraDey2
 
Virtual and Augmented Reality in Current Scenario
Shruti Dalela
 
ChatGPT for Dummies - Pam Baker Ccesa007.pdf
Demetrio Ccesa Rayme
 
medical_surgical_nursing_10th_edition_ignatavicius_TEST_BANK_pdf.pdf
victor kamau
 
CISA (Certified Information Systems Auditor) Domain-Wise Summary.pdf
infosecTrain
 
A GUIDE TO GENETICS FOR UNDERGRADUATE MEDICAL STUDENTS
DrBincy A. S
 
Hazard Identification & Risk Assessment .pdf
estagiarioprotegesms
 
Vision Prelims GS PYQ Analysis 2011-2022 www.upscpdf.com.pdf
navneetgupta711851
 
Indian roads congress 037 - 2012 Flexible pavement
offersjackpot
 
David L Page_DCI Research Study Journey_how Methodology can inform one's prac...
David L Page
 
1_English_Language_Set_2.pdf probationary
emailjagmeetsingh9
 
TNA_Presentation-1-Final(SAVE)) (1).pptx
RomnickTanilon
 
HVAC Specification 2024 according to central public works department
amitrobanipl
 
Chinmaya Tiranga quiz Grand Finale.pdf
Nitin Suresh
 
History, Philosophy and sociology of education (1).pptx
tmdth1
 
Chinmaya Tiranga Azadi Quiz (Class 7-8 )
Nitin Suresh
 
AI-driven educational solutions for real-life interventions in the Philippine...
EleniIlkou
 
Weekly quiz Compilation Jan -July 25.pdf
Nitin Suresh
 
1.3 FINAL REVISED K-10 PE and Health CG 2023 Grades 4-10 (1).pdf
JohnJerryDalawampu
 

HCS 380 Effective Communication/tutorialrank.com

  • 1. HCS 380 Week 1 Individual Assignment Reference Chart For more course tutorials visit www.tutorialrank.com Reference Chart Instructions: Create a chart detailing the three different forms of business organizations (proprietorships, partnerships, and corporations). Also include key users of financial information and briefly explain their roles. Cite 3 peer-reviewed, scholarly, or similar references to support your paper.
  • 2. Click on the Assignment Files tab to submit your assignment. =============================================== HCS 380 Week 1 WileyPLUS (Ex 1-15, Ex Problem 1- 3A, Ex 2-1, Ex 2-5, Problem 2-3A) For more course tutorials visit www.tutorialrank.com This Tutorial contains Excel Sheet which can be used to solve below mentioned Problem for any numbers/values Complete the assigned exercises in WileyPLUS. Excel Exercise 1-15 Excel Problem 1-3A Exercise 2-1
  • 3. Exercise 2-5 Problem 2-3A Problem 2-2A You should see the following assignments that are due for a grade: • Chapter 1 - Excel assignment; • Chapter 2 - Homework assignment – wileyplus prepare excel sheet • Chapter 2 – Problems -- prepare excel sheet NOTE: Assignment must be completed by Due Date. E1-15 Classify items as assets, liabilities, and stockholders' equity, and prepare accounting equation Suppose the following items were taken from the balance sheet of Nike, Inc. (All items are in millions.) 1. Cash $2,291.1 7. Inventory $2,357.0
  • 4. 2. Accounts receivable 2,883.9 8. Income taxes payable 86.3 3. Common stock 2,874.2 9. Equipment 1,957.7 4. Notes payable 342.9 10. Retained earnings 5,818.9 5. Buildings 3,759.9 11. Accounts payable 2,815.8 6. Mortgage payable 1,311.5 Instructions (a) Classify each of these items as an asset, liability, or stockholders' equity and determine the total dollar amount for each classification. (b) Determine Nike's accounting equation by calculating the value of total assets, total liabilities, and total stockholders' equity. (c ) To what extent does Nike rely on debt versus equity financing? NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" P1-3A Prepare an income statement, retained earnings statement and balance sheet; discuss results
  • 5. On June 1, Hightower Service Co. was started with an initial investment in the company of $22,100 cash. Here are the assets, liabilities, and common stock of the company at June 30, and the revenues and expenses for the month of June, its first month of operations: Cash $4,600 Notes payable $12,000 Accounts receivable 4,000 Accounts payable 500 Service revenue 7,500 Supplies expense 1,000 Supplies 2,400 Maintenance and repairs expense 600 Advertising expense 400 Utilities expense 300 Equipment 26,000 Salaries and wages expense 1,400 Common Stock 22,100 In June, the company issued no additional stock but paid dividends of $1,400. Instructions (a) Prepare an income statement and retained earnings statement for the month of June and a balance sheet at June 30, 2014.
  • 6. (b) Briefly discuss whether the company's first month of operations was a success. (c ) Discuss the company's decision to distribute a dividend. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . Exercise 2-1 Classify each of the following financial statement items taken from Mordica Corporation’s balance sheet. Accounts payable Accounts receivable Entry field with incorrect answer Accumulated depreciation—equipment Buildings Cash Interest payable Goodwill Income taxes payable Inventory
  • 7. Stock investments (to be Land (in use) Mortgage payable Supplies Equipment Prepaid rent Exercise 2-5 These items are taken from the financial statements of Donavan Co. at December 31, 2014. Buildings $121,035 Accounts receivable
  • 10. Retained earnings (January 1, 2014) 45,760 Accumulated depreciation—buildings 52,166 Accounts payable 10,868 Notes payable 107,078
  • 11. Accumulated depreciation—equipment 21,416 Interest payable 4,118 Service revenue 16,817 Problem 2-3A You are provided with the following information for Ramirez Enterprises, effective as of its April 30, 2014, year-end. Accounts payable
  • 12. $ 868 Accounts receivable 918 Accumulated depreciation—equipment 670 Cash 1,378 Common stock
  • 13. 1,224 Cost of goods sold 1,094 Depreciation expense 301 Dividends 359 Equipment 2,528
  • 14. Income tax expense 199 Income taxes payable 169 Insurance expense 244 Interest expense 434
  • 16. 94 Retained earnings (beginning) 1,600 Salaries and wages expense 666 Salaries and wages payable 256 Sales revenue
  • 17. 5,208 Stock investments (short-term) 1,274 Prepare an income statement for Ramirez Enterprises for the year ended April 30, 2014. Problem 2-2A These items are taken from the financial statements of Tresh Corporation for 2014. Retained earnings (beginning of year) $34,462 Utilities expense
  • 20. Maintenance and repairs expense 1,672 Depreciation expense 3,189 Accounts receivable 16,448 Insurance expense 2,611
  • 21. Salaries and wages expense 40,415 Accumulated depreciation—equipment 19,843 =============================================== HCS 380 Week 2 Team Assignment Financial Statement Components (2 PPT) For more course tutorials visit www.tutorialrank.com
  • 22. This Tutorial contains 2 PPT HCS 380 Week 2 Team Assignment Financial Statement Components Financial Statement Components Instructions: Your team has been asked by a local community college instructor to speak to a class about health care accounting. The instructor has asked you to prepare a 10-to 15- slide Microsoft® PowerPoint® presentation in
  • 23. which you do the following: • Describe the relationship between financial statements and the supplemental components comprised in an annual report. • Explain how the accounting equation affects financial statement components. • Determine the effects of transactions on the accounting equation. Include the following with your presentation: • Detailed speaker notes • Specific examples • A 1-page handout to give to students
  • 24. Format your presentation according to APA guidelines. Cite 3 peer-reviewed, scholarly, or similar references to support your paper. Click on the Assignment Files tab to submit your assignment. =============================================== HCS 380 Week 2 WileyPLUS Excel Assignment (Ex 4- 12, Ex 4-13, Ex 4-16, Ex P4-1A) For more course tutorials visit www.tutorialrank.com Complete the assigned exercises in WileyPLUS. You should see the following assignments that are due for a grade: •
  • 25. o Chapter 4 - Excel assignment NOTE: Assignment must be completed by Due Date. Automatic deduction of 50% of points if received after due date. No points awarded if completed after 4 days from Due Date. Excel Exercise 4-12 Excel Exercise 4-13 Excel Exercise 4-16 Excel Problem 4-1A E4-12 Prepare a correct income statement The income statement of Garska Co. for the month of July shows net income of $2,000 based on Service Revenue $5,500; Salaries and Wages $2,100; Supplies Expense $900; and Utilities Expense $500. In reviewing the statement, you discover the following: 1. Insurance expired during July of $350 was omitted.
  • 26. 2. Supplies expense includes $200 of supplies that are still on hand at July 31. 3. Depreciation on equipment of $150 was omitted. 4. Accrued but unpaid wages at July 31 of $360 were not included, 5. Services performed but unrecorded totaled $700. Instructions Prepare a correct income statement for July 2014. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . E4-13 Analyze adjusted data This is a partial adjusted trial balance of Barone Company BARONE COMPANY Adjusted Trial Balance January 31, 2014 Debit Credit Supplies $700 Prepaid Insurance 1,560
  • 27. Salaries and Wages Payable $1,060 Unearned Service Revenue 750 Supplies Expense 950 Insurance Expense 520 Salaries and Wages Expense 1,800 Service Revenue 4,000 Instructions Answer these questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $300 of supplies was purchased in January, what was the balance in Supplies on January 1? (b) If the amount in Insurance Expense is the January 31 adjusting entry, and the original insurance premium was for 1 year, what was the total premium and when was the policy purchased? (c ) If $2,500 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2013?
  • 28. (d) If $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2013? NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . E4-16 Prepare adjusting entries from analysis of trial balance The trial balance shown below are before and after adjustment for Bere Company at the end of its fiscal year. BERE OMPANY Trial Balance August 31, 2014 Instructions Prepare the adjusting entries that were made NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" .
  • 29. P4-1A Record transactions on accrual basis; convert revenue to cash receipts The following selected data are taken from the comparative financial statements of American Curling Club. The club prepares its financial statements using the accrual basis of accounting. Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such as the Skins Game. Instructions (Hint: You will find it helpful to use T-accounts to analyze the following data. You must analyze these data sequentially, as missing information must first be deduced before moving on. Post your journal entries as you progress, rather than waiting until the end.) (a) Prepare journal entries for each of the following events that took place during 2014. 1. Dues receivable from members from 2013 were all collected during 2014.
  • 30. 2. During 2014, goods were provided for all of the unearned sales revenue at the end of 2013. 3. Additional tickets were sold for $44,000 cash during 2014, a portion of these were used by the purchasers during the year. The entire balance remaining in Unearned Sales Revenue relates to the upcoming Skins Game in 2014. 4. Dues for the 2013-2014 fiscal year were billed to members. 5. Dues receivable for 2014 (i.e., those billed in item (4) above ) were partially collected. (b) Determine the amount of cash received by American from the above transactions during the year ended September 30, 2014. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . =============================================== HCS 380 Week 3 Individual Assignment Accounting Comparison (2 Papers)
  • 31. For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers HCS 380 Week 3 Individual Assignment Accounting Comparison Accounting Comparison Instructions: Create a diagram comparing accrual and cash accounting. Also include a 350- to 700-word summary of the differentiation and uses of the two. Cite 3 peer-reviewed, scholarly, or similar references to support your
  • 32. paper. Click on the Assignment Files tab to submit your assignment. =============================================== HCS 380 Week 3 WileyPLUS Ex 13-9, Ex 13-13 For more course tutorials visit www.tutorialrank.com This Tutorial contains Excel Sheet which can be used to solve below mentioned Problem for any numbers/values Complete the assigned exercises in WileyPLUS. Exercise 13-9 Exercise 13-13
  • 33. Exercise 13-9 Your answer is partially correct. Kinder Company has these comparative balance sheet data: KINDER COMPANY Balance Sheets December 31 2014 2013 Cash $ 29,895
  • 34. $ 59,790 Accounts receivable (net) 139,510 119,580 Inventory 119,580 99,650 Plant assets (net)
  • 36. 199,300 199,300 Common stock, $10 par 279,020 239,160 Retained earnings 109,615
  • 37. 79,720 $687,585 $637,760 Additional information for 2014: 1. Net income was $30,600. 2. Sales on account were $377,000.Sales returns and allowances amounted to $26,600.
  • 38. 3. Cost of goods sold was $201,000. 4. Net cash provided by operating activities was $58,500. 5. Capital expenditures were $26,100, and cash dividends were $17,300. Compute the following ratios at December 31, 2014. Exercise 13-13
  • 39. Your answer is partially correct. The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below. ELLIOTT COMPANY Balance Sheets December 31 (in thousands) 2014 2013 Current assets Cash and cash equivalents $330
  • 41. 130 160 Total current assets 1,645 1,565 Property, plant, and equipment (net) 410
  • 42. 380 Investments 85 85 Intangibles and other assets 530 510 Total assets
  • 44. Stockholders’ equity—common 1,115 1,115 Total liabilities and stockholders’ equity $2,670 $2,540 ELLIOTT COMPANY Income Statements For the Year Ended December 31 (in thousands)
  • 45. 2014 2013 Sales revenue $3,980 $3,640 Costs and expenses Cost of goods sold
  • 46. 1,045 965 Selling & administrative expenses 2,400 2,330 Interest expense 10 20
  • 47. Total costs and expenses 3,455 3,315 Income before income taxes 525 325 Income tax expense 210
  • 48. 130 Net income $ 315 $ 195 Compute the following ratios for 2014 and 2013. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.) (a) Current ratio. (b)
  • 49. Inventory turnover. (Inventory on December 31, 2012, was $380.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2012, were $1,950.) (e) Return on common stockholders’ equity. (Equity on December 31, 2012, was $940.) (f)
  • 50. Debt to assets ratio. (g) Times interest earned. =============================================== HCS 380 Week 4 Individual Signature Assignment Financial Statement (2 Papers) For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers
  • 51. Signature Assignment: Financial Statement Instructions: The community college instructor has asked for your help again. This time, he has asked for you to personally create a document he could give to his students. Write a 750- to 1,050-word paper in which you: • Explain the ways financial information is used in health care organizations. • Explain the use of the financial statement analysis as a method to
  • 52. address financial issues. • Analyze the effects of unusual or irregular items on financial statements. Format your paper according to APA guidelines. Cite 3 peer-reviewed, scholarly, or similar references to support your paper. Click on the Assignment Files tab to submit your assignment. =============================================== HCS 380 Week 4 WileyPlus Ex 7-8, Ex7-14 For more course tutorials visit www.tutorialrank.com
  • 53. This Tutorial contains Excel Sheet which can be used to solve below mentioned Problem for any numbers/values Complete the assigned exercises in WileyPLUS. Chapter 7 - Excel Assignment (E7-8); Chapter 7 - Excel Assignment (E7-14: Cash Budget) Exercise 7-8 The following information pertains to Joyce Company. 1. Cash balance per bank, July 31, $7,419. 2. July bank service charge not recorded by the depositor $57.
  • 54. 3. Cash balance per books, July 31, $7,455. 4. Deposits in transit, July 31, $2,791. 5. Note for $2,091 collected for Joyce Company in July by the bank, plus interest $55 less fee $39. The collection has not been recorded by Joyce Company, and no interest has been accrued. 6. Outstanding checks, July 31, $705.
  • 55. Exercise 7-14 Enright Company expects to have a cash balance of $63,550 on January 1, 2014. These are the relevant monthly budget data for the first two months of 2014. 1. Collections from customers: January $88,550, February $163,550. 2. Payments to suppliers: January $57,550, February $92,550. 3. Wages: January $30,161, February $40,161. Wages are paid in the month they are incurred. 4.
  • 56. Administrative expenses: January $21,161, February $24,161. These costs include depreciation of $1,000 per month. All other costs are paid as incurred. 5. Selling expenses: January $15,161, February $20,161. These costs are exclusive of depreciation. They are paid as incurred. 6. Sales of short-term investments in January are expected to realize $12,161 in cash. Enright has a line of credit at a local bank that enables it to borrow up to $25,000. The company wants to maintain a minimum monthly cash balance of $37,550. Prepare a cash budget for January and February.
  • 57. =============================================== HCS 380 Week 5 Individual Signature Assignment Cash Control (2 Papers) For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers Signature Assignment: Cash Control Instructions: Write a 750- to 1,050-word paper in which you:
  • 58. • Explain the principles of internal control. • Explain the use of cash and internal controls to prevent fraud. • Explain why corporations invest in stocks and debt securities. • Explain how debt and stock investments are reported in financial statements. Format your paper according to APA guidelines. Cite 3 peer-reviewed, scholarly, or similar references to support your paper. Click on the Assignment Files tab to submit your assignment. ===============================================
  • 59. HCS 380 Week 5 Team Assignment Business Proposal (2 Papers) For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers HCS 380 Week 5 Team Assignment Business Proposal Business Proposal Instructions:
  • 60. For this assignment, you will use the consolidated financial statements you chose in Week Four. As a team, analyze your chosen consolidated financial statements and make recommendations to leadership based on your findings. Write a 750- to 1,050-word proposal, and include a link to your chosen financial statements. Format your proposal according to APA guidelines. Cite 3 peer-reviewed, scholarly, or similar references to support your paper. Click on the Assignment Files tab to submit your assignment.
  • 61. SupportingMaterial:Business Proposal Grading Guide =============================================== HCS 380 Week 5 WileyPLUS Ex 10-8A, Ex 10-8B, Ex 10-10A, Problem 11-2A, 11-7A For more course tutorials visit www.tutorialrank.com This Tutorial contains Excel Sheet which can be used to solve All Wiley Problem for any numbers/values Complete the assigned exercises in WileyPLUS Excel Problem 10-8A Excel Problem 10-8B Excel Problem 10-10A
  • 62. Problem 11-2A Problem 11-7A P10-8A Prepare journal entries to record issuance of bonds, interest, straight-line amortization, and balance sheet presentation and balance sheet presentation Yung Corporation sold $2,000,000, 7%, 5 year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on January 1. The company uses straight-line amortization on bond premiums or discounts. Instructions (a) Prepare all necessary journal entries to record the issuance of the bonds and bond interest expense for 2014, assuming the bond sold at 102.
  • 63. (b) Prepare journal entries as in part (a) assuming the bonds sold at 97. (c ) Show the balance sheet presentation for the bond issue at December 31, 2014, using (1) the 102 selling price, and then (2) the 97 selling price NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . P10-8B Prepare journal entries to record issuance of bonds, interest, straight-line amortization, and balance sheet presentation and balance sheet presentation Holmes Corporation sold $2,200,000, 8%, 5-year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on January 1. Holmes Corporation uses the straight-line method to amortize bond premiums or discounts. Instructions (a) Prepare all necessary journal entries to record the issuance of the bonds and bond interest expense for 2014, assuming the bond sold at 102. (b) Prepare journal entries as in part (a) assuming g the bonds sold at 98.
  • 64. (c ) Show the balance sheet presentation for the bond issue at December 31, 2014, using (1) the 102 selling price, and then (2) the 98 selling price NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . P10-10A Prepare journal entries to record issuance of bonds, payment of interest, and amortization of bond discount using effective interest method. On January 1, 2014, Lock Corporation issued $1,800,000 face value, 5% 10 -year bonds at $1,667,518 This price resulted in an effective-interest rate of 6% on the bonds. Lock uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1. Instructions: (Round all computations to the nearest dollar.) (a) Prepare the journal entry to record the issuance of the bonds on January 1, 2014.
  • 65. (b) Prepare an amortization table through December 31, 2016, (three interest periods) for this bond issue. Problem 11-2A The stockholders’ equity accounts of Miley Corporation on January 1, 2014, were as follows. Preferred Stock (7%, $100 par noncumulative, 4,100 shares authorized) $246,000 Common Stock ($3 stated value, 338,600 shares authorized) 812,640 Paid-in Capital in Excess of Par Value—Preferred Stock
  • 66. 12,300 Paid-in Capital in Excess of Stated Value—Common Stock 270,880 Retained Earnings 698,300 Treasury Stock—(4,100 common shares) 32,800
  • 67. During 2014, the corporation had the following transactions and events pertaining to its stockholders’ equity. Feb. 1 Issued 5,300 shares of common stock for $31,800. Mar. 20 Purchased 1,760 additional shares of common treasury stock at $7 per share. Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 1
  • 68. Paid the dividend declared on October 1. Dec. 1 Declared a $0.90 per share cash dividend to common stockholders of record on December 15, payable December 31, 2014. Dec. 31 Determined that net income for the year was $277,500. Paid the dividend declared on December 1. Journalize the transactions. Enter the beginning balances in the accounts and post the journal entries to the stockholders’ equity accounts. Prepare the stockholders’ equity section of the balance sheet at December 31, 2014.
  • 69. Calculate the payout ratio, earnings per share, and return on common stockholders’ equity. Problem 11-7A Your answer is incorrect. Cepeda Company manufactures backpacks. During 2014, Cepeda issued bonds at 11% interest and used the cash proceeds to purchase treasury stock. The following financial information is available for Cepeda Company for the years 2014 and 2013. 2014 2013 Sales revenue $26,802,000
  • 71. 1,995,260 2,233,500 Dividends paid on common stock 1,169,460 1,348,164 Dividends paid on preferred stock 394,200 394,200
  • 72. Total assets (year-end) 43,181,000 50,253,750 Average total assets 20,613,375 23,340,582 Total liabilities (year-end) 7,884,000
  • 73. 3,942,000 Avg. total common stockholders’ equity 12,351,600 18,527,400 (a) Use the information above to calculate the following ratios for both years: =============================================== HCS 380 Wileyplus Exercise 13 9 (Solution with Excel file) For more course tutorials visit
  • 74. www.tutorialrank.com Just enter the value and get the answer, this excel file will work for any value Kinder Company has these comparative balance sheet data: KINDER COMPANY Balance Sheets December 31 2014 2013
  • 75. Cash $ 34,290 $ 68,580 Accounts receivable (net) 160,020 137,160 Inventory 137,160 114,300 Plant assets (net) 457,200 411,480 =============================================== HCS 380 Wileyplus Exercise 13 13 (Solution with Excel file) For more course tutorials visit www.tutorialrank.com Just enter the value and get the answer, this excel file will work for any value
  • 76. The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below. ELLIOTT COMPANY Balance Sheets December 31 (in thousands) 2014 2013 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 648 578
  • 77. Inventory 655 585 Prepaid expenses 130 160 Total current assets 1,763 1,683 Property, plant, and equipment (net) 410 380 Investments 188 188 Intangibles and other assets 530 510 Total assets $2,891 $2,761 Current liabilities $998 $968 Long-term liabilities 675 575 Stockholders’ equity—common 1,218 1,218
  • 78. Total liabilities and stockholders’ equity $2,891 $2,761 ELLIOTT COMPANY Income Statements For the Year Ended December 31 (in thousands) 2014 2013 Sales revenue $3,995 $3,655 Costs and expenses Cost of goods sold 1,148 1,068 Selling & administrative expenses 2,400 2,330 Interest expense 10 20
  • 79. Total costs and expenses 3,558 3,418 Income before income taxes 437 237 Income tax expense 175 95 Net income $ 262 $ 142 Compute the following ratios for 2014 and 2013. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.) (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2012, was $400.)
  • 80. (c) Profit margin. (d) Return on assets. (Assets on December 31, 2012, were $2,700.) (e) Return on common stockholders’ equity. (Equity on December 31, 2012, was $990.) (f) Debt to assets ratio. (g) Times interest earned. ===============================================