AB 116

AB 116 WEEK 7 Grade Details - All Questions Question 1. Question : The following information is available for Mint Corporation: • Common Stock ($10 par) $1,500,000 • Paid-in Capital in Excess of Par - Preferred $200,000 • Paid-in Capital in Excess of Stated Value - Common $750,000 • Preferred Stock $450,000 • Retained Earnings $800,000 • Treasury Stock - C

5 Other / Other ashford university / AB 116 28 Oct 2015

AB 116 WEEK 6 Question Daggett Lamppin and Pendergast are partners who share profits and losses 50%, 30%, and 20%, respectively. Their capital balances are $150,000, $90,000, and $60,000, respectively. Instructions (a) Assume Sanford joins the partnership by investing $140,000 for a 25% interest with bonuses to the existing partners. Prepare the journal entry to record his investment. (b) Assume instead that Daggett leaves the partnership. Da

5 Other / Other ashford university / AB 116 28 Oct 2015

AB 116 WEEK 2 Question 1 Determine the missing amounts Principal Annual Interest Rate Time Total Interest $40,000 10% 2.5 years $120,000 9 months $7,200 10% 90 days $1,500 $40,000 9% $1,200 Which is the correct solution? Student Answer: Principal Annual Interest Rate Time Total Interest $40,000 10% 2.5 years $4,000 $120,000 9% 9 months $7,200 $160,000 10% 90 days $1,500 $40,000 9% 2 years $1,200 Principal Annual

5 Other / Other ashford university / AB 116 28 Oct 2015

AB 116 WEEK 10 Discussion TopiC Learn about the SEC This week's Discussion is centered on the real-world focus presented on p. 834 in your textbook — BYP17-4. Public companies have to file their annual reports to the Securities and Exchange Commission. There are rules that companies are required to follow. Domestic issuers must submit annual reports on Form 10-K, quarterly reports on Form 10Q, and current reports on Form 8-K. Please rev

5 Other / Other ashford university / AB 116 20 Oct 2015

Discussion Topic Wesley Corporation's Ethical Issues This week's Discussion is centered on the case scenario presented on p. 836 in your textbook — BYP17-8 Ethics Case. Since cash is the most important asset in a firm, success of a firm can be directly traced to its cash management. Though reliance on cash flows to the exclusion of accrual accounting is discouraged, comparing cash from operations to net income can reveal important inform

5 Other / Other ashford university / AB 116 20 Oct 2015

AB 116 WEEK 8 Discussion Topic Research and Development Division of Molina Corporation Ethics in financial reporting is critical to the reliability of financial statements. Corporate Managers are under enormous pressure to provide high earnings and dividend amounts. After reading the Ethics Case on p. 681 of your text, discuss the following: 1. Who are the stakeholders in this situation? 2. Is there anything unethical about Lowery's intentions

5 Other / Other ashford university / AB 116 20 Oct 2015

AB 116 WEEK 7 Discussion Topic Starbucks Discussion Go to http://www.starbucks.com of the Starbucks Corporation and find information that you would use in developing a company profile. Select “Our Company,” and then select and read the brief “Company Profile” and “Mission Statement.” Then go back to the “About Us” page and select “Investor Relations.” Select “Stock Informationââ‚

5 Other / Other ashford university / AB 116 20 Oct 2015

AB 116 WEEK 6 Discussion Topic: Partnership Agreement Just like in any type of business organization, ethics in partnership is important because of the difficulties that two or more persons have in arriving at a common decision. Partners are under constant pressure to protect their investment. After reading the Ethics Case on pp. 604–605 of your text, discuss the following: Who are the stakeholders in this situation? Identify the problems

5 Other / Other ashford university / AB 116 20 Oct 2015

AB 116 WEEK 5 Discussion Topic Bonds Payable and Investments in Bonds General Electric ® Capital, a division of General Electric, uses long-term debt extensively. In early 2002, GE Capital issued $11 billion in long-term debt to investors, and then within days filed legal documents to prepare for another $50 billion long-term debt issue. As a result of the $50 billion filing, the price of the initial $11 billion offering declined (due to high

5 Other / Other ashford university / AB 116 20 Oct 2015

AB 116 WEEK 4 Current Liabilities Comparative Analysis Problem: PepsiCo, Inc. versus The Coca-Cola Company This week’s Discussion topic comes from BYP11-2, p. 561 of your textbook. PepsiCo, Inc. and Coca-Cola Company financial statements are in Appendix C. Use their financials to answer the following questions: (a) At December 31, 2011, what was PepsiCo’s largest current liability account? What were its total current liabiliti

5 Other / Other ashford university / AB 116 20 Oct 2015