Accounting question

 

 

 

 

 

 

Greta tells her friend, Jala, that in appreciation of the love and affection she has shown Greta over the past 5 years since her husband left her, she will give $20,000 when her bank term-deposit matures in 6 months. Six months later, when the term-deposit matures, Greta tells Jala she will take her out to dinner instead of paying her $20,000.

Ignoring the issue of intention, what will you advise Jala?

a) State the issue you need to consider.

b) State the relevant legal rule or rules relating to this problem.

c) State the main case or cases related to this problem.

d) Based on this information, if Jala sued Greta for a breach of contract would she win in court? What is your answer – yes? or no? Explain your answer.

 

Accounting question

 

 

 

 

 

 

Greta tells her friend, Jala, that in appreciation of the love and affection she has shown Greta over the past 5 years since her husband left her, she will give $20,000 when her bank term-deposit matures in 6 months. Six months later, when the term-deposit matures, Greta tells Jala she will take her out to dinner instead of paying her $20,000.

Ignoring the issue of intention, what will you advise Jala?

a) State the issue you need to consider.

b) State the relevant legal rule or rules relating to this problem.

c) State the main case or cases related to this problem.

d) Based on this information, if Jala sued Greta for a breach of contract would she win in court? What is your answer – yes? or no? Explain your answer.

 

Accounting question

 

 

 

 

 

 

Greta tells her friend, Jala, that in appreciation of the love and affection she has shown Greta over the past 5 years since her husband left her, she will give $20,000 when her bank term-deposit matures in 6 months. Six months later, when the term-deposit matures, Greta tells Jala she will take her out to dinner instead of paying her $20,000.

Ignoring the issue of intention, what will you advise Jala?

a) State the issue you need to consider.

b) State the relevant legal rule or rules relating to this problem.

c) State the main case or cases related to this problem.

d) Based on this information, if Jala sued Greta for a breach of contract would she win in court? What is your answer – yes? or no? Explain your answer.

 

Accounting question

 

 

 

 

 

 

Greta tells her friend, Jala, that in appreciation of the love and affection she has shown Greta over the past 5 years since her husband left her, she will give $20,000 when her bank term-deposit matures in 6 months. Six months later, when the term-deposit matures, Greta tells Jala she will take her out to dinner instead of paying her $20,000.

Ignoring the issue of intention, what will you advise Jala?

a) State the issue you need to consider.

b) State the relevant legal rule or rules relating to this problem.

c) State the main case or cases related to this problem.

d) Based on this information, if Jala sued Greta for a breach of contract would she win in court? What is your answer – yes? or no? Explain your answer.

 

Accounting question

 

 

 

 

 

 

Big D Incorporated has a business opportunity to provide two different types of information to a new client. As the business analyst, you are tasked to assess the financial feasibility of this opportunity. The new client is a retailer and looking to expand its product offerings. However, the client is requesting Big D Incorporated to assist in the decision-making process.

Prepare a presentation that addresses the following:
Explain the difference between nominal and ordinal data.
List 3 qualitative attributes of outdoor sporting goods that the client may want to ask consumers. Make sure 1 of the qualitative attributes is nominal.
For each ordinal attribute, assign names for the endpoints of a 5-point rating scale.
Explain the difference between interval and ratio data.
List 2 quantitative attributes of outdoor sporting goods that market researchers might want to measure.
Explain the difference between a population and a sample.

 

 

Accounting question

 

 

 

 

 

 

 

Just after you made budget cuts to reduce your operational costs by 20%, your University president has a brilliant idea for you to hire a big-name coach for one of your sports. You are hesitant at first, but you know you want to keep your job. You must now hire a big-name coach and provide a reasonable salary.

1. List the big-name coach (for what sport)

2. List the new salary

3. Write a paragraph justifying why you are hiring the coach and the value it will bring to your school. Your current coaches, staff, and alumni are a little upset you made this decision. Thus, your justification should give them peace with your decision.

Mini Assignment 5

List the event you will host for your final assignment. Explain why this is the best choice to raise funds for your department (one to two sentences).

 

 

 

Accounting question

 

 

Assume you have just earned your master’s degree in finance and are now employed by the Cosmo K Manufacturing Group. Your employment is contingent on your successful completion of several tasks over the next four weeks and the successful completion of a comprehensive exam to obtain company certification in finance. Each week, you will be assigned projects of interest to the company that will test your competence in finance.

 

Gerry has decided that you need some experience in evaluating other firms in the marketplace. Accordingly, he has asked you to select any company listed on the NYSE or the NASDAQ. For your selected company, identify and download the most recent financial statements for the last three to five years, to include the following:

 

Balance sheet

Income statement

Per share data

Tasks:

Gerry would like you to complete the following tasks and submit your report by the end of the week:

 

Identify the predominant industry in which your company operates. Find the industry averages for that industry for the following ratios:

Current ratio

Debt ratio

Quick ratio

Debt-equity ratio

Total asset turnover

Profit margin

Inventory turnover

Return on assets

Receivables turnover

Return on equity

Calculate as many of the listed ratios for your selected company as possible using the financial statements you acquired.

Conduct a trend analysis for the last three to five years. What trends can you identify? What do they indicate?

Compare the ratios for the last common year to the industry averages. What conclusions can you draw regarding your company’s performance? What are your company’s strengths and weaknesses?

Identify the changes that need to be made by the company to improve its performance, as compared to the industry, on the basis of the ratios.

Conduct a DuPont analysis for your selected company. What conclusions can you draw for improving your company’s performance on the basis of this analysis?