Acc 280 Week 4

ACC 280 WEEK 4
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ACC 280 Week 4,
ACC 280 Week 4
Week 4 DQ 1
What are the differences between vertical and horizontal analysis?
Which method would external users most likely use?
How about internal users? Discuss the uses of the two analysis methods and
how you would use each to analyze a company’s performance?
Week 4 DQ 2
What three specific ratios (not types) would you list as the most important? Why?
Beyond the basic financial statements what other information would you want in
order to fully analyze a company’s performance? Why?
Week 4 DQ 3
Why is it important to report discontinued operations or extraordinary items
separately from income from continuing operations?
Does the average investor understand the difference? In what way(s) might
the information be presented to clarify meaning for investors?
Week 4 DQ 4
What are the different types of financial ratios used to analyze financial performance?
Are some ratios more important than others?
Why? Which ratios are important to creditors? Investors? Managers? Why?
Week 4 DQ 5
What is the difference between public accounting and private accounting?
How does governmental accounting differ from both of them?
What is forensic accounting? What are other career options are there
in the accounting field? Which one sounds most interesting to you?
Week 4 Individual Assignments from the Readings
Prepare written answers to the following assignments from Chapter 4 of the text, Financial Accounting 6th ed:
a. Exercise E4-2
b. Exercise E4-3
c. Exercise E4-4
Learning Team Assignments from the Readings
Prepare written answers to the following assignments from Chapter 4 of the text, Financial Accounting 6th ed:
Problem P4-2A
.