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Grand Canyon AMP 415 Module 1 Discussion 1
Identify one account that would typically be found on a balance
sheet, and one account that would typically be found on an income statement,
and define them. Cite any references used, and do not identify accounts that
have already been chosen by any of your classmates. Participate in follow-up
discussion by reviewing your classmates’ posts and adding to their definitions
of terms, or by responding to follow-up questions posed by your instructor.
Grand Canyon AMP 415 Module 1 Discussion 2
Choose one of the assumptions, principles, constraints, primary
characteristics, secondary characteristics, or elements of accounting as found
in the conceptual framework of accounting. Explain the concept in your own
words and describe a business situation in which the concept could be applied.
Do not choose a concept previously chosen by one of your classmates.
Grand Canyon AMP 415 Module 1 Assignment
Using Excel, prepare a classified balance sheet and multistep
income statement using the Adjusted Trial Balance for ABC Corporation as of and
for the year ended December 31, 2010.
You are not required to submit this assignment to Turnitin.
Grand Canyon AMP 415 Module 2 Discussion 1
What information might you use, besides the financial statements
of an organization, when analyzing its financial health? Be specific, and
identify the usefulness of the information that you identify.
Grand Canyon AMP 415 Module 2 Discussion 2
In performing a horizontal analysis on a company’s income
statement, you notice that sales have decreased by 4%, but the gross profit has
increased by 10%. What are some factors that could cause this to happen?
Grand Canyon AMP 415 Module 2 Assignment
Complete “Problem 15-18 Common Size Statements and Financial
Ratios for a Loan Application” in chapter 15 of Managerial Accounting and
present your responses in an Excel spreadsheet.
You are not required to submit this assignment to Turnitin.
Grand Canyon AMP 415 Module 3 Discussion 1
What are the benefits of ratio analysis? What are the limitations
of ratio analysis? What can be done to minimize the limitations on ratio
analysis? Explain.
Grand Canyon AMP 415 Module 3 Discussion 2
You have computed all of the liquidity ratios for a company, and
each of them appears to be close to or better than the industry averages. What
other information would you want before you made a final assessment of the
company’s short-term debt paying ability?
Grand Canyon AMP 415 Module 3 Assignment
This is a CLC assignment.
With your CLC, select a publicly traded company to analyze. You
must clear the company with your instructor, as no two groups may examine the
same company.
Analyze the strengths and weaknesses of the company using ratio analysis,
and present your findings in a paper of 1,500–2,000 words.
Include all calculations used in an appendix to the paper.
Prepare this assignment according to the APA guidelines found in
the APA Style Guide, located in the Student Success Center. An abstract is not
required.
You are required to submit this assignment to Turnitin. Please
refer to the directions in the Student Success Center.
Grand Canyon AMP 415 Module 4 Discussion 1
What are the differences between the indirect and direct methods
of preparing the statement of cash flows? Do you agree with the FASB that the
direct method is preferred? Why, or why not?
Grand Canyon AMP 415 Module 4 Discussion 2
Choose a publicly traded company and calculate its cash flow
ratios as presented in this week’s lecture. Demonstrate your calculations in
your post, and explain what the cash flow ratios indicate about the company. Do
not choose a company previously chosen by one of your classmates. Participate
in follow-up discussion by choosing one of your classmates’ posts and expanding
upon what they have said that the cash flow ratios indicate.
Grand Canyon AMP 415 Module 4 Assignment 1
For this assignment, you will interview an accountant to learn
more about the field and how financial statements and information are utilized
to make important managerial decisions.
Refer to “Informed Consent Letter.” You should present the
Informed Consent Letter to the person you intend to interview.
Potential Interviewees: CPAs in public practice, commercial loan
officers at financial institutions, comptrollers or chief accountants at local
firms, financial planners, investment advisors, or small-business owners.
Once you have identified a candidate, contact the person to set up
an appointment. You may conduct your interview in person or via phone.
Prepare a list of at least 5-7 questions for your interview. Your
questions should focus on the usefulness and limitations of using financial
statements such as the balance sheet, income statement, and statement of cash
flows, to analyze a firm. Remember that professionals have many commitments so
try to schedule your interview well in advance of the assignment’s due date.
After you complete the interview, write a reflection
(750-1,000-words) on what you learned in the interview. Address the following
in your response:
1. What are the most valuable things you learned about utilizing
financial statements to analyze a firm?
2. What, if any, are the significant limitations of using
financial statements for analysis?
3. What other information is important for making managerial
accounting decisions?
4. What did you learn about the field of managerial accounting
that might help you to excel in your profession?
Provide an interview summary at the end of your reflection that
includes the following information:
1. The name of the person you interviewed and the number of years
he/she has been in the accounting field.
2. The name of the company at which he/she is currently employed.
3. How long the person has been employed at the current company.
4. Date of the interview and whether it took place in person or
via phone.
5. Contact information for the person your interviewed.
6. The list of your interview questions.
APA format is not required, but solid academic writing is
expected.
You are not required to submit this assignment to Turnitin.
Grand Canyon AMP 415 Module 4 Assignment 2
Complete “Problem 14-10 Prepare a Statement of Cash Flows; Free
Cash Flow” in chapter 14 of Managerial Accounting. Present your responses in an
Excel spreadsheet.
You are not required to submit this assignment to Turnitin.
Grand Canyon AMP 415 Module 5 Discussion 1
Distinguish between a variable cost, a fixed cost, and a mixed
cost. Identify a publicly traded, well-known company, and identify what you
envision would be a variable cost, a fixed cost, and a mixed cost for this
company. Do not choose a company that one of your classmates has already
chosen. Participate in follow-up discussion through responding to one of your
classmates’ posts, adding to the variable, fixed, and mixed costs that might
exist for the company presented.
Grand Canyon AMP 415 Module 5 Discussion 2
What is meant by a product’s contribution margin ratio? How is
this ratio useful in planning business operations?
Grand Canyon AMP 415 Module 5 Assignment 1
Your company, Diamond Dynamics, is researching whether or not it
would be a good decision to invest in new manufacturing equipment that will
significantly speed up production time on the assembly line. However, the total
cost of the equipment and installation, not including any maintenance plan, is
a hefty investment of roughly $850,000. In a 500-word description, Explain how
a CVP analysis would be useful for determining whether or not the investment is
worth it. Also, explain the limitations of a CVP analysis in this situation and
for making managerial decisions in general.
APA format is not required, but solid academic writing is
expected.
Grand Canyon AMP 415 Module 5 Assignment 2
Complete “Problem 6-21 Segment Reporting and Decision Making” in
chapter 6 of Managerial Accounting and present your responses in an Excel
spreadsheet.
Grand Canyon AMP 415 Module 6 Discussion 1
What other ways, besides relevant costs, could be used to analyze
a make-or-buy decision?
Grand Canyon AMP 415 Module 6 Discussion 2
How is relevant costing used in decision making? What would the
relevant costs be in deciding whether to discontinue a segment of business?
What would the relevant costs be in deciding how to optimize use of a
constrained resource?
Grand Canyon AMP 415 Module 6 Assignment 1
Voice App is a midsize software company that specializes in voice
recognition software. Due to rising costs of maintaining IT technical support,
your director is considering outsourcing¬ your technical support services.
Currently, your technical support service desk is staffed by 30 full-time and
15 part-time employees. Your director has asked you to prepare a recommendation
report that includes the advantages and disadvantages of outsourcing and a
cost/benefit analysis to determine if outsourcing will actually result in any
significant savings for the company.
For this assignment, prepare your preliminary list of the
advantages and disadvantages of outsourcing for your company, including both
long- and short-term consequences. Rank the advantages and disadvantages in
descending order of importance. Then, in a 500-word paper, explain the research
process you will undertake to complete your recommendation. Include all costs
you must calculate and other data you must collect in order to make the most
informed decision possible.
APA format is not required, but solid academic writing is
expected.
This assignment uses a rubric. Please review the rubric prior to
beginning the assignment to become familiar with the expectations for
successful completion.
You are not required to submit this assignment to Turnitin.
Grand Canyon AMP 415 Module 6 Assignment 2
Complete “P14-48” on pages 624-625 of Managerial Accounting:
Creating Value in a Dynamic Business Environment and present your responses in
an Excel spreadsheet.
You are not required to submit this assignment to Turnitin, unless
otherwise directed by your instructor. If so directed, refer to the Student
Success Center for directions. Only Word documents can be submitted to
Turnitin.
Grand Canyon AMP 415 Module 7 Discussion 1
What is a static budget? What is a flexible budget? Which is more
useful, and why?
Grand Canyon AMP 415 Module 7 Discussion 1
Consider your current position, or consider a job that you might
like to have in the future. Describe how budgeting might impact you in that
role.
Grand Canyon AMP 415 Module 7 Assignment
Complete “Problem 8-21 Schedule of Expected Cash Collections; Cash
Budget” in chapter 8 of Managerial Accounting and present your responses in an
Excel spreadsheet.
This assignment uses a grading checklist. Instructors will be
using the grading checklist to grade the assignment; therefore, students should
review the grading checklist prior to beginning the assignment to become
familiar with the assignment criteria and expectations for successful
completion of the assignment.
You are not required to submit this assignment to Turnitin.
Grand Canyon AMP 415 Module 8 Discussion 1
What is the difference between a value-added and a non-value-added
cost? Give an example of each. Participate in follow-up discussions by
reviewing your classmates’ posts and expanding upon what they have written
regarding value-added and non-value-added costs.
Grand Canyon AMP 415 Module 8 Discussion 2
What is the product life cycle? How does it impact pricing
decisions?
Grand Canyon AMP 415 Module 8 Assignment
This is a CLC assignment.
Within your CLC, choose a publicly traded company and identify one
of its products that the group will analyze. Describe the strategic
implications that would need to be considered in setting a price for that
product, and determine whether the group would use a market-based pricing
approach or a cost-based pricing approach to setting the product price. Explain
the rationale behind choosing the pricing approach. Identify the costs that the
group thinks would be considered in setting the product price, and come up with
a sample cost structure for the product (make it as realistic as possible).
Calculate a price for the product, and defend your product price and related
cost structure.
Present your responses in a paper of 1,000-1,500 words.
Prepare this assignment according to the APA guidelines found in
the APA Style Guide, located in the Student Success Center. An abstract is not
required.
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