BUS 599 Week 1 Assignment Crafting and Executing Strategy Ca

 This archive file of BUS 591 Week 6 Discussion Questions 1 contains:


 Financial Accounting Analysis

 Financial statement preparers have two choices in preparing the statement of cash flows: the indirect method and the direct method. The indirect method is used extensively in practice even though the F.A.S.B. has expressed a preference for the direct method. Discuss the similarities and differences between the direct and indirect methods, and the advantages of using each method.

 Your answer should illustrate understanding of the cash flow statement. A minimum of 100 to 200 words is required for your answer. Respond to at least two of your classmates

Business - General Business
 Generally Accepted Accounting Principles (G.A.A.P.). Briefly discuss Generally Accepted Accounting Principles or G.A.A.P. What are they? What is their purpose? Name the U.S. and international standard-setting bodies that established these principles. Are all companies required to follow these principles? Why or why not?

 Your answer should illustrate understanding of generally accepted accounting principles and their international counterpart. Respond to at least two of your classmates’ posts.

 Annual Reports. Visit the website for Tootsie Roll (www.tootsie.com). Click on “Company Information” then “Financial Information”. Open the latest annual report and review it to find the answers to the following questions:

 § What are Tootsie Roll’s corporate principles? Do you agree with these principles, or do you feel there are additional principles that should be included?

 What was the total amount of Tootsie Roll’s assets for the most current year available?

 § What was the total amount of Tootsie Roll’s liabilities for the most current year available?

 § What is the amount of the difference between Tootsie Roll’s assets and liabilities? What is this difference called?

 Based on your initial findings at the Tootsie Roll website, would you consider investing in them? Why or why not? Your answer should illustrate critical thought and understanding of the annual report and financial statements. Respond to at least two of your classmates’ posts.

 Week One Homework Problems . Complete the following Workbook Template Week One or you may complete the Problem 1-3B on page 36, 1-4B on page 37 (Chapter 1) and Problem 2-7B on page 90 (Chapter 2) of your text. Submit your work to your instructor by the posted due date. Show all your work in order to earn full credit

 Debits and Credits . Define debits and credits and explain how they are used to record business transactions. Is it true that debits always increase and credits always decrease? Why or why not?

 Respond to at least two of your classmates’ posts.

 Revenue Expense . Review the section called “Investor Insight” in Chapter 3 of your text which shows the major revenue and expense accounts of the Chicago Cubs baseball team. Considering the huge increase in professional baseball players’ salaries in the last decade, what do you think has happened to total expenses and net income of professional baseball teams? If net income has not decreased, what has been done to offset the higher salaries? Should fans be expected to pay higher prices for ‘America’s national pastime’ to help offset the costs of higher salaries? Respond to at least two of your classmates’ posts

 Week Two Homework Problems . Complete Workbook Template Week Two or you may find the pr

Follow the link to get tutorial - https://bitly.com/12BIjfG

Don't rely on other people's notes. You might believe that your classmate knows what they are doing, but their notes may be questionable at best. You might only be getting part of the information presented, or short codes that only the actual note taker knows.