Category: Accounting

The importance of normal distribution

Posted on | by Kelvin

 

In this assignment, you will present your answers to the following questions in a formal paper format. Please separate each question with a short heading, e.g., normal curve, bell curve, etc.
Begin with a brief introduction in which you explain the importance of normal distribution.
Next, address the following questions in order:
• Describe the characteristics of the normal curve and explain why the curve, in sample distributions, never perfectly matches the normal curve. Do we need to be concerned with this non-perfection in a BIG DATA scenario? Why or why not?
• Why is the normal distribution so ubiquitous in our lives? Why is the bell curve used to represent the normal distribution? Why not a different shape? In what situation would we examine a normal distribution curve? In what situation would we examine a sampling distribution curve?
• Why is the central limit theorem important in statistics? How does it help us to move from talking about a particular sample to the population via a sampling distribution?
• What does the central limit theorem inform us about the sampling distribution of the sample mean? Do you need to know the distribution of your population to use the Central Limit Theorem? Why or why not?
• Imagine that you recently took an exam for certification in your field. The certifying agency has published the results of the exam and 75% of the test takers in your group scored below the average. In a normal distribution, half of the scores would fall above the mean and the other half below. How can what the certifying agency published be true?
• Why do researchers use z-scores to determine probabilities? What are the advantages to using z-scores? Provide examples of the z-score in use.
• If we took three different samples of college students (one from Oregon, one from Montana, and one from Missouri) and each sample had 1000 students, what would the sampling distribution for age look like? What about for parent’s age? What about the number of sick days? Explain each response and draw a distribution curve for each event.
Conclude with a brief discussion of how the concept of probability might affect research that you might undertake in your dissertation project. In other words, how would a basic understanding of probability concepts aid you in analyzing and interpreting data?

 

Without money, everything would become more expensive.

Posted on | by

 

Discuss the following statements: Without money, everything would become more expensive. In Discussion: Does money really make the world go ’round?

Discuss the following statements: Without money, everything would become more expensive. In countries such as Zimbabwe, which had problems with high inflation, the increased use of another country’s currency (such as the U.S. dollar or South African rand) became common. Why do you suppose this occurred?
Make sure you use the readings to support your discussion and don’t forget to cite and list your sources.
In each discussion forum, students are expected to respond to the prompt by providing an informed, rigorous, and professional post.

Managerial Accouting

Posted on | by

 

Your topic should be related to managerial accounting. The paper is to be typed, double-spaced.  A cover page should include the title, the student’s name, and date submitted.
In organizing the paper, use your outline subheads to increase readability.
Graphs, tables, charts, and line drawings add to the readability and may be included if they are clearly labeled and referenced in the text.  Be sure to cite a reference if the work is not original.
The work is to be original, not a review of someone else’s thoughts; therefore, avoid long direct quotes and lists.  There is no one best number of references.  A good number of references are 6-10.

 

 

A firm’s cost of capital is based on the rates of its sources of capital.

Posted on | by Brian Leakey

A firm’s optimal capital structure report depends on its balance sheet’s debt and equity mix.

A firm’s cost of capital is based on the rates of its sources of capital. Propose the optimal capital structure for both firms, and calculate the mathematical effect of the proposal on the weighted average cost of capital (WAAC). Complete the following:

Calculate the cost of equity, the cost of preferred stock, and the cost of debt for the two firms chosen.
Compute the weighted average cost of capital for each firm.
Evaluate whether the rates calculated are too high or too low based on the financial statements.
Determine if the firm is operating at an optimal capital structure.
Deliverable Requirements: Your capital structure PowerPoint presentation must be at least 15 slides in length. Be sure to cite sources using APA properly; include references and in-text citations.

Submitting your assignment in APA format means, at a minimum, that you will need the following:

Title slide: Remember the running head. The title should be in all capitals.
Length: 15 slides minimum
Body slides: This begins on the slide following the title slide and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics, except as required for APA-level headings and references. The deliverable length of the body of your presentation for this assignment is 15 slides. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.

The cost of equity

Posted on | by Brian Leakey

A firm’s optimal capital structure report depends on its balance sheet’s debt and equity mix.

A firm’s cost of capital is based on the rates of its sources of capital. Propose the optimal capital structure for both firms, and calculate the mathematical effect of the proposal on the weighted average cost of capital (WAAC). Complete the following:

Calculate the cost of equity, the cost of preferred stock, and the cost of debt for the two firms chosen.
Compute the weighted average cost of capital for each firm.
Evaluate whether the rates calculated are too high or too low based on the financial statements.
Determine if the firm is operating at an optimal capital structure.

Comparative Analysis Managerial and Financial Accounting

Posted on | by

Based on your work through this course, you have been exposed to Managerial and Financial Accounting. Using your work to date, compare and contrast financial accounting and managerial accounting. This should be a two-page analysis following APA guidelines and appropriate citations.
• Consider the concept of breakeven analysis and target income. In order to apply breakeven analysis, why would the expenses reported in external financial reports need to be reorganized into categories based on cost behavior? How do these analytical tools relate to product pricing and cost management (i.e., why would this analysis be useful to management)?
• Why would a company seek to position its products as low-priced or high-priced items in the marketplace? How might this affect sales dollars, sales volume, and profits?
• Search and review your course materials for pricing strategies. Search specifically for the word pricing. Summarize the concepts and issues from the course materials. Explain the interrelationships with accounting, information systems, and sales, marketing, and profit planning.

 

 

Bad data visualizations

Posted on | by

 

Data analytics is important to the accounting profession. It can be effective and informative in analyzing complex problems. However, the analytics are only effective if we can communicate and make the data understandable. It is important to be good users and creators of data visualization
Search Google images for bad data visualizations. Post a link to the image.
Describe what is inaccurate or misleading about the visualization. Replace the inaccurate and misleading information with what you think makes the image a good visualization.

 

 

 

Bad data visualizations

Posted on | by

 

Data analytics is important to the accounting profession. It can be effective and informative in analyzing complex problems. However, the analytics are only effective if we can communicate and make the data understandable. It is important to be good users and creators of data visualization
Search Google images for bad data visualizations. Post a link to the image.
Describe what is inaccurate or misleading about the visualization. Replace the inaccurate and misleading information with what you think makes the image a good visualization.

 

 

 

An unqualified audit report

Posted on | by Brian Leakey

An unqualified audit report is considered the standard audit report. This report is issued when the audit has been performed in accordance with applicable auditing standards, the auditor has gathered sufficient evidence, and the auditor believes that the financial statements conform to GAAP. 
Reflect on situations when the auditor cannot issue the standard unqualified/unmodified audit report. Discuss 1 type of audit report and the rationale for issuing that type.