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ACC 291 Entire Course

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ACC 291 Entire Course 

https://zh.scribd.com/document/343514419/Uop-Tutorial

 

ACC/291

PRINCIPLES OF ACCOUNTING II

 

The Latest Version A+ Study Guide

 

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ACC 291 Entire Course Link

https://uopcourses.com/category/acc-291/

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ACC 291 Week 1 Comparative Analysis Problem

 

Purpose of Assignment 

The purpose of this assignment is to help you understand the basics of financial statement analysis using financial ratios on the assets section of the balance sheet, data interpretation, and how ratios are used to gain insight about the management of receivable.

Assignment Steps

Resources: Financial Accounting: Tools for Business Decision Making

Develop an 875-word analysis providing conclusions concerning the management of accounts receivable based on the financial statements of Columbia Sportswear Company presented in Appendix B and the financial statements of VF Corporation presented in Appendix C, including the following:

 

 

 

    • Based on the information contained in these financial statement, compute the following 2014 values for each company:

       

       

       

       

        • Accounts receivable turnover (For VF, use “Net sales” and assume all sales were credit sales)

       

       

        • Average collection period for accounts receivable

       

       

       

       

 

 

    • What conclusions concerning the management of accounts receivable can be drawn from this data?

 

 

 

Use the Week 1 Excel® spreadsheet to show your work and submit with your analysis.

Click the Assignment Files tab to submit your assignment.

 

 

 

ACC 291 Week 1 Practice Quiz

 

 

 

 

Practice Question 01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
   
   

 

What type of receivable is evidenced by a formal instrument and normally requires the payment of interest?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  A trade receivable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  An account receivable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  A note receivable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Past-due accounts receivables

 

 

 

 

Practice Question 05

 

When is a receivable recorded by a service organization?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ACC 291 Entire Course https://zh.scribd.com/document/343514419/Uop-Tutorial ACC/291 PRINCIPLES OF ACCOUNTING II The Latest Version A+ Study Guide ********************************************** ACC 291 Entire Course Link https://uopc
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