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write my assignment 26097

850

Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . 150

Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 195

Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,750

Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,900

Liabilities and Equity

Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,875

Total equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,025

Total liabilities and equity . . . . . . . . . . . . . . . . . . . . . . $3,900

The following assumptions apply to the forecast of the next five months’ operations

for The Pacific Company:

a. Sales revenues will grow at a constant 5 percent each month.

b. Cost of goods sold will be a constant 30 percent of sales revenue.

c. Other expenses will grow at a constant monthly rate of 4 percent. December

other expenses were $80

Dividends will be paid out monthly at a rate of 18 percent of net income.

e. Cash will be collected at a rate of 65 percent of current month sales and the

remaining 35 percent will be collected the following month. December sales

were $300.

f. Payments will be made in the month supplies are delivered. The Pacific

Company requires supplies two months ahead of sales; hence cash

disbursements are estimated to be equal to the following two months’ cost of

goods sold, plus the current month’s other expenses and dividends.

g. Other assets grow at a 5 percent monthly rate.

h. There will be no additional equity additions. Total equity will increase by the

amount of retained earnings increases.

i. Total liabilities will increase by an amount needed to keep total liabilities

plus total equity equal to total assets.

Required:

1. Prepare the following for The Pacific Company’s next four months:

a. A budgeted income statement

b. A budgeted balance sheet

c. A cash flow budget

2. Compute the strategic growth rate for The Pacific Company for the next four

months.

3. Comment on the company’s SGR relative to its growth in sales revenue.

 

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write my assignment 11783

http:// do you think good decision making has contributed to the success od this business? A decision to move into a new market as Chris did is a major decision. How could he have used the decision making process to help him make this decision? What criteria do you think would be most important to Chris as he makes decisions about the company’s future?

1.    How do you think good decision making hascontributed to the success od this business?

2.    A decision to move into a new market as Chrisdid is a major decision. How could he have used the decision making process tohelp him make this decision?

a.    

3.    What criteria do you think would be mostimportant to Chris as he makes decisions about the company’s future?

Would you characterize the conditionssurrounding C.F. Martin Guitar Company as conditions of certainty, risk, oruncertainty? Explain your choice. How would these conditions effect managerialdecision makingWould you characterize the conditions surrounding C.F. Martin Guitar Company as conditions of certainty, risk, or uncertainty? Explain your choice. How would these conditions effect managerial decision making

 

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write my assignment 7004

You have been asked to carry out use case modelling to identify the functional requirements for a new fitness watch targeted at swimmers, similar to those produced by Garmin or Polar. The target user is anyone from a recreational to a competitive swimmer, and both open water and swimming pool laps are to be catered for. The watch is to connect with an app that will provide a variety of additional features as well as those on the watch itself.

Use the user goal technique to identify all the use cases that would be relevant to a swimmer who would be a potential user of the watch. Use your own experience, or that of a swimmer of your acquaintance, together with any research you need to do.

(a) Present your list in a table giving the use case name and an informative brief description.

(b) Draw a use case diagram representing the same information.

 

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write my assignment 29230

Question:Competency

Assess accounting information systems.

Scenario Information

BeGood Baking Supply is a small bakery supply company formed as a closely held corporation. The company supplies raw baking materials, paper goods, and equipment to restaurants and bakeries in three states in the upper mid-west. Most of its business, however, is located in a large metropolitan area. BeGood wants to increase its presence in the region and serve five states. In fact, the owners of BeGood would like 75% of their business to come from throughout the region rather than the current metropolitan area. In order to do this, the owners understand they must diversify offerings and lines of business.

Currently, BeGood has a phone center where customer orders are taken; these orders are then sent to shipping where the order is filled in its large warehouse and shipped within four days. BeGood outsources its shipping to a local trucking company. Once the order ships all paperwork goes to the accounting department where it is entered into the accounting system. BeGood still uses the same accounting system it has used since the inception of the company. All aging of receivables and other analysis is done using Excel spreadsheets. Purchasing and tracking of inventory are done solely by the warehouse manager. Invoices for inventory purchasing are sent to the accounting department when goods are received.

The owners at BeGood are wondering how they can utilize an online presence and further automate its systems in order to facilitate its growth and diversify its business. The owners may also like to expand into the retail business.

You have been hired as a full-time staff accountant at BeGood Baking Supply and have been given the task of evaluating and recommending a viable accounting information system for the accounting and financial data of BeGood in order to facilitate expansion and diversification. As you begin your research, you realize that many departments are involved in the information system, and communication is key.

BeGood has grown over the years but the AIS has not kept up with that growth, and you believe there may be some internal control issues. Since cost of goods sold is the largest expense of the company, you decide to take a look at inventory control, ordering and receiving first. You have an “uneasy feeling” about the warehouse supervisor, Harold. The Receiving department consists of three employees, including Harold. The two receiving employees unload vendor trucks and stock the goods received. If goods are shorted on an order or defective goods are received, it is brought to light when filling customer orders or when customers complain about product received. After receiving, employees unload trucks and restock goods. The vendor invoice is held in a folder on Harold’s desk. Once per week, Harold takes the invoices to accounting for payment.

Requirements

As part of your analysis of the ordering and receiving process, prepare documentation of the following items and the research you find that would ultimately become part of a final presentation of a viable AIS system for management. NOTE: You will not be creating this presentation. These elements of research and documentation are part of the process that would lead up to that final presentation of information.

Documents Required:

  1. A system flowchart of the ordering and receiving process described above
  2. A chart listing the control weaknesses in the current system, along with the fraud that could occur with the weakness, and a solution to the weakness
  3. A system flowchart of a new recommended system addressing each of the control weaknesses identified in the chart

 

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