ACC 561 help A Guide to career/uophelp.com ACC 561 help A Guide to career/uophelp.com | Page 31

This week's focus is on the preparation of financial reports for internal
users, such as managers. This case study applies the concepts of
managerial accounting, through comparative and ratio analysis, and
requires students to identify financial data needed by managers for
decision making.
About Your Signature Assignment
This signature assignment is designed to align with specific program
student learning outcome(s) in your program. Program Student Learning
Outcomes are broad statements that describe what students should know
and be able to do upon completion of their degree. The signature
assignments may be graded with an automated rubric that allows the
University to collect data that can be aggregated across a location or
college/school and used for program improvements.
Assignment Steps
Resources: Generally Accepted Accounting Principles (GAAP), U.S.
Securities and Exchange Committee (SEC)
Tutorial help on Excel ® and Word functions can be found on the
Microsoft ® Office website. There are also additional tutorials via the
web offering support for Office products.
Scenario: You are a loan officer for White Sands Bank of Taos. Paul
Jason, president of P. Jason Corporation, has just left your office. He is
interested in an 8-year loan to expand the company's operations. The
borrowed funds would be used to purchase new equipment. As evidence
of the company's debt-worthiness, Jason provided you with the
following facts:
2017
2016
Current Ratio
3.1
2.1
Asset Turnover
2.8
2.2
Net Income
Up 32% Down 8%
Earnings per Share $3.30
$2.50
Jason is a very insistent (some would say pushy) man. When you told
him you would need additional information before making your decision,
he acted offended and said, "What more could you possibly want to