GCU AMP415 Financial Decision Making Entire Course
GCU AMP415 Week 1 Discussion 1 & 2
dq 1
Identify one account that would typically be found on a balance sheet, and one account that would typically be found on an income statement, and define them. Cite any references used, and do not identify accounts that have already been chosen by any of your classmates. Participate in follow-up discussion by reviewing your classmates’ posts and adding to their definitions of terms, or by responding to follow-up questions posed by your instructor.
dq 2
Choose one of the assumptions, principles, constraints, primary characteristics, secondary characteristics, or elements of accounting as found in the conceptual framework of accounting. Explain the concept in your own words and describe a business situation in which the concept could be applied. Do not choose a concept previously chosen by one of your classmates.
GCU AMP415 Week 2 Discussion 1 & 2
dq 1
What information might you use, besides the financial statements of an organization, when analyzing its financial health? Be specific, and identify the usefulness of the information that you identify.
dq 2
In performing a horizontal analysis on a company’s income statement, you notice that sales have decreased by 4%, but the gross profit has increased by 10%. What are some factors that could cause this to happen?
GCU AMP415 Week 3 Discussion 1 & 2
dq 1
What are the benefits of ratio analysis? What are the limitations of ratio analysis? What can be done to minimize the limitations on ratio analysis? Explain.
dq 2
You have computed all of the liquidity ratios for a company, and each of them appears to be close to or better than the industry averages. What other information would you want before you made a final assessment of the company’s short-term debt paying ability?
GCU AMP415 Week 4 Discussion 1 & 2
dq 1
What are the differences between the indirect and direct methods of preparing the statement of cash flows? Do you agree with the FASB that the direct method is preferred? Why, or why not?
dq 2
Choose a publicly traded company and calculate its cash flow ratios as presented in this week’s lecture. Demonstrate your calculations in your post, and explain what the cash flow ratios indicate about the company. Do not choose a company previously chosen by one of your classmates. Participate in follow-up discussion by choosing one of your classmates’ posts and expanding upon what they have said that the cash flow ratios indicate.
GCU AMP415 Week 5 Discussion 1 & 2
dq 1
Distinguish between a variable cost, a fixed cost, and a mixed cost. Identify a publicly traded, well-known company, and identify what you envision would be a variable cost, a fixed cost, and a mixed cost for this company. Do not choose a company that one of your classmates has already chosen. Participate in follow-up discussion through responding to one of your classmates’ posts, adding to the variable, fixed, and mixed costs that might exist for the company presented.
dq 2
What is meant by a product’s contribution margin ratio? How is this ratio useful in planning business operations?
GCU AMP415 Week 6 Discussion 1 & 2
dq 1
What other ways, besides relevant costs, could be used to analyze a make-or-buy decision?
dq 2
How is relevant costing used in decision making? What would the relevant costs be in deciding whether to discontinue a segment of business? What would the relevant costs be in deciding how to optimize use of a constrained resource?
GCU AMP415 Week 7 Discussion 1 & 2
dq 1
What is a static budget? What is a flexible budget? Which is more useful, and why?
dq 2
Consider your current position, or consider a job that you might like to have in the future. Describe how budgeting might impact you in that role.
GCU AMP415 Week 8 Discussion 1 & 2
dq 1
What is the difference between a value-added and a non-value-added cost? Give an example of each. Participate in follow-up discussions by reviewing your classmates’ posts and expanding upon what they have written regarding value-added and non-value-added costs.
dq 2
What is the product life cycle? How does it impact pricing decisions?
GCU AMP415 Week 1 Assignment
Details:
Using Excel, prepare a classified balance sheet and multistep income statement using the Adjusted Trial Balance for ABC Corporation as of and for the year ended December 31, 2010.
GCU AMP415 Week 2 Assignment
Details:
Complete “Problem 15-18 Common Size Statements and Financial Ratios for a Loan Application” in chapter 15 of Managerial Accountingand present your responses in an Excel spreadsheet.
You are not required to submit this assignment to Turnitin.
GCU AMP415 Week 3 Assignment
Details:
This is a CLC assignment.
With your CLC, select a publicly traded company to analyze. You must clear the company with your instructor, as no two groups may examine the same company.
Analyze the strengths and weaknesses of the company using ratio analysis, and present your findings in a paper of 1,500–2,000 words.
Include all calculations used in an appendix to the paper.
Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center./
GCU AMP415 Week 4 Assignment
Details:
For this assignment, you will interview an accountant to learn more about the field and how financial statements and information are utilized to make important managerial decisions.
Refer to “Informed Consent Letter.” You should present the Informed Consent Letter to the person you intend to interview.
Potential Interviewees: CPAs in public practice, commercial loan officers at financial institutions, comptrollers or chief accountants at local firms, financial planners, investment advisors, or small-business owners.
Once you have identified a candidate, contact the person to set up an appointment. You may conduct your interview in person or via phone.
Prepare a list of at least 5-7 questions for your interview. Your questions should focus on the usefulness and limitations of using financial statements such as the balance sheet, income statement, and statement of cash flows, to analyze a firm. Remember that professionals have many commitments so try to schedule your interview well in advance of the assignment’s due date.
After you complete the interview, write a reflection (750-1,000-words) on what you learned in the interview. Address the following in your response:
1. What are the most valuable things you learned about utilizing financial statements to analyze a firm?
2. What, if any, are the significant limitations of using financial statements for analysis?
3. What other information is important for making managerial accounting decisions?
4. What did you learn about the field of managerial accounting that might help you to excel in your profession?
Provide an interview summary at the end of your reflection that includes the following information:
1. The name of the person you interviewed and the number of years he/she has been in the accounting field.
2. The name of the company at which he/she is currently employed.
3. How long the person has been employed at the current company.
4. Date of the interview and whether it took place in person or via phone.
5. Contact information for the person your interviewed.
6. The list of your interview questions.
APA format is not required, but solid academic writing is expected.
You are not required to submit this assignment to Turnitin.
GCU AMP415 Week 5 Assignment
Details:
Complete “Problem 6-21 Segment Reporting and Decision Making” in chapter 6 of Managerial Accounting and present your responses in an Excel spreadsheet.
GCU AMP415 Week 5 Benefits of Using CVP Analysis Assignment
Details:
Your company, Diamond Dynamics, is researching whether or not it would be a good decision to invest in new manufacturing equipment that will significantly speed up production time on the assembly line. However, the total cost of the equipment and installation, not including any maintenance plan, is a hefty investment of roughly $850,000. In a 500-word description, Explain how a CVP analysis would be useful for determining whether or not the investment is worth it. Also, explain the limitations of a CVP analysis in this situation and for making managerial decisions in general.
APA format is not required, but solid academic writing is expected.
You are not required to submit this assignment to Turnitin.
GCU AMP415 Week 6 Relevant Costs Assignment
Details:
Complete “P14-48” on pages 624-625 of Managerial Accounting: Creating Value in a Dynamic Business Environmentand present your responses in an Excel spreadsheet.
You are not required to submit this assignment to Turnitin, unless otherwise directed by your instructor. If so directed, refer to the Student Success Center for directions. Only Word documents can be submitted to Turnitin.
GCU AMP415 Week 6 Benchmark Assignment
Details:
Voice App is a midsize software company that specializes in voice recognition software. Due to rising costs of maintaining IT technical support, your director is considering outsourcing your technical support services. Currently, your technical support service desk is staffed by 30 full-time and 15 part-time employees. Your director has asked you to prepare a recommendation report that includes the advantages and disadvantages of outsourcing and a cost/benefit analysis to determine if outsourcing will actually result in any significant savings for the company.
For this assignment, prepare your preliminary list of the advantages and disadvantages of outsourcing for your company, including both long- and short-term consequences. Rank the advantages and disadvantages in descending order of importance. Then, in a 500-word paper, explain the research process you will undertake to complete your recommendation. Include all costs you must calculate and other data you must collect in order to make the most informed decision possible.
APA format is not required, but solid academic writing is expected.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are not required to submit this assignment to Turnitin.
GCU AMP415 Week 7 Budgeting Benchmark Assignment
Details:
Complete “Problem 8-21 Schedule of Expected Cash Collections; Cash Budget” in chapter 8 of Managerial Accountingand present your responses in an Excel spreadsheet.
This assignment uses a grading checklist. Instructors will be using the grading checklist to grade the assignment; therefore, students should review the grading checklist prior to beginning the assignment to become familiar with the assignment criteria and expectations for successful completion of the assignment.
You are not required to submit this assignment to Turnitin.
GCU AMP415 Week 8 CLC Pricing Decisions Assignment
Details:
This is a CLC assignment.
Within your CLC, choose a publicly traded company and identify one of its products that the group will analyze. Describe the strategic implications that would need to be considered in setting a price for that product, and determine whether the group would use a market-based pricing approach or a cost-based pricing approach to setting the product price. Explain the rationale behind choosing the pricing approach. Identify the costs that the group thinks would be considered in setting the product price, and come up with a sample cost structure for the product (make it as realistic as possible). Calculate a price for the product, and defend your product price and related cost structure.
Present your responses in a paper of 1,000-1,500 words.
Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.
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Entire course for GCU AMP415 Financial Decision Making
Entire course for GCU AMP415 Financial Decision Making
Week 1 Discussion 1 & 2 GCU AMP415
1 dq
Identify one account that would typically be found on a balance sheet, and one account that would typically be found on an income statement, and define them. Cite any references used, and do not identify accounts that have already been chosen by any of your classmates. Participate in follow-up discussion by reviewing your classmates’ posts and adding to their definitions of terms, or by responding to follow-up questions posed by your instructor.
dq 2
Choose one of the assumptions, principles, constraints, primary characteristics, secondary characteristics, or elements of accounting as found in the conceptual framework of accounting. Explain the concept in your
