in a recent balance sheet wal mart reported the following information in millions/

/in /by

Required
Calculate Wal-Mart’s current ratio for each year and answer the following questions:
a. Was the company more or less liquid in the current year?
b. Should an investor be concerned that the current ratio is less than 1.0? Why or why not?
c. What is likely to be the most important factor in Wal-Mart being able to pay its current liabilities in a timely manner? (Hint: Think about its largest current asset.)

Use the elimination method to solve this problem. {2x-7y=20 {10x+16y=-2

/in /by
Use the elimination method to solve this problem. {2x-7y=20 {10x+16y=-2

daley company was started on january 1 2016 and experienced the following events during its first year of operation

/in /by

b. Determine the amount of total assets that Daley would report on the December 31, 2016, balance sheet.
c. Identify the asset source transactions and related amounts for 2016.
d. Determine the net income that Daley would report on the 2016 income statement. Explain why dividends do not appear on the income statement.
e. Determine the net cash flows from operating activities, financing activities, and investing activities that Daley would report on the 2016 statement of cash flows.
f. Determine the percentage of assets that were provided by investors, creditors, and earnings.
g. What is the balance in the Retained Earnings account immediately after Event 3 is recorded?

Assignment 3: Culturally Diverse Individuals Are Effective Workers

/in /by

Assignment 3: Culturally Diverse Individuals Are Effective Workers

Suppose you work as a human resource (HR) executive at Total Solutions, Inc., a culturally and geographically diverse organization. A recent government study on human statistics indicates that colleagues who share culturally similar backgrounds perform more efficiently and effectively on the job. These study findings, however, appear contrary to the basic research on the value of diverse workforces. John, the vice president of HR has read extensively about this study. He meets with senior management to discuss if the concept can be implemented at Total Solutions, Inc. The senior management reviews the study and decides to execute the process in one office before a policy decision is made.

John decides that the process should be piloted in the new HR office being set up in Atlanta. He receives the board’s permission to apply the concept in the new office. He needs to relocate five employees from the headquarters in New York to the Atlanta office. John obtains the list of employees based in the New York office. The list has a brief profile of the employees. John asks you to help him analyze the profiles and present your recommendations as to who are the best five employees for the Atlanta assignment.

Present your analysis to John in the form of a two- to three page report in Microsoft Word following APA format. Make sure you provide a clear recommendation of which five employees should be selected for the Atlanta assignment and that you apply the basic concepts of diversity in your selection process.  Provide rationale for your selection based on your examination of the evidence and references to at least three authoritative sources from the Argosy library or the Internet. Click here to view the list.  

Use the following file naming convention: LastnameFirstInitial_M1_A3.doc. For example, if your name is John Smith, your document will be named SmithJ_M1_A3. doc

sando ltd made the following sales in euros during 2013 and collected the amounts owed based on the following schedule/

/in /by

Required
(a) Prepare the journal entries to be made during the month of February assuming that Sando must prepare a month-end financial statement.
(b) Indicate the balance in the Accounts Receivable account on the statement of financial position as at the month end February 28, 2013.

serena and bill davis began operations of their furniture repair shop rumours furniture inc on january 1 2013/

/in /by

Transactions during 2014 (summarized in thousands of dollars) follow:
a. Borrowed $ 25 cash on July 1, 2014, on an 8 percent note, payable on June 30, 2015.
b. Purchased equipment for $ 18 cash on July 1, 2014.
c. Sold 5,000 additional shares for $ + cash per share.
d. Earned revenues for 2014: $ 74, including $ 15 on credit.
e. Recognized other expenses for 2014: $ 35, including $ 9 on credit.
f. Purchased additional small- tools inventory, $ 3 cash.
g. Collected trade receivables, $ 8.
h. Paid trade payables, $ 11.
i. Purchased supplies on account, $ 10 (debit to Account No. 03).
j. Received a $ 3 deposit on work to start January 15, 2015. k. Declared and paid cash dividend, $ 12.
Data for adjusting entries are as follows:
l. Service supplies inventory of $ 4 and small- tools inventory of $ 9 on hand at December 31, 2014 (debit other expenses account). m. Depreciation on the equipment estimated at $ 4 per year. n. Accrued interest on notes payable (to be computed).
o. Wages earned since the December 24 pay date but not yet paid, $
4. p. Income tax expense payable in 2015, $ 4.
Required:
1. Set up T- accounts for the accounts on the trial balance and enter their beginning balances.
2. Record transactions (a) through (k) and post them to the T- accounts.
3. Record and post the adjusting entries (l) through (p).
4. Prepare a statement of earnings (including earnings per share) for 2014, a statement of changes in equity for 2014, and a statement of financial position at December 31, 2014.
5. Record and post the closing entries.
6. Prepare a post- closing trial balance.
7. Compute the following ratios for 2014 and explain what they mean:
a. Current ratio
b. Total asset turnover ratio
c. Net profit margin ratio
d. Return on equity

Foundations English Essay

/in /by

Essay in Foundations 111. Needs to be 1500 words minimum.

the following account balances are taken from sherwood ltd adjusted trial balance at june 30 2016

/in /by

Required:
a. Prepare a single-step statement of income for the year ended June 30, 2016.
b. Prepare a multi-step statement of income for the year ended June 30, 2016.
c. Compare the two statements and comment on the usefulness of each one.

given the following income statement for gg inc and the adjustments to be made rebuild its income statement

/in /by