Unit 3 Individual Project
User Generated
tjbbgra65
Business Finance
Description
You have been promoted to a member of the management team in Krona’s financial department. You have hired a new staff member who will to assist you in preparing materials for the next Board of Directors meeting, in which the annual financial reports will be presented. You are required to accomplish the following:
- Write an e-mail to your new employee explaining the components and the process of creating an annual report. Focus strongly on how accounting inputs are formulated into financial reports and statements for the organization.
- Discuss 3 of the following annual reporting components, what information they provide, and why they are important to understand:
- Chairman of the Board Letter
- Sales and marketing summary
- 10-year summary of financial figures
- Management discussion and analysis
- CPA opinion letter
- Financial statements (balance sheet, check sales, profits, R&D spending, inventory and debt levels over time) subsidiaries
- Financial and operating ratios (liquidity, solvency, and profitability)
- Donors
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Finance and accounting
FINANCE & ACCOUNTING - SENIOR ACCOUNTANT ANALYSIS
Due Date
Week 4
Note: While representative of possible situatio ...
Finance and accounting
FINANCE & ACCOUNTING - SENIOR ACCOUNTANT ANALYSIS
Due Date
Week 4
Note: While representative of possible situations faced by SunsTruck Sunglasses, all scenarios in this assignment are fictional.
Real Business
Large discount retailers like Target and Walmart employ large teams of Finance and Accounting professionals to help measure and understand the financial health of the business. Financial and accounting information helps these businesses make educated financial decisions, such as whether or not to continue partnering with a retail supplier. While often smaller businesses, it is equally important for these retail suppliers to use financial and accounting data to make educated decisions, such as the best approach to gaining additional funding.
Your Role
This week, you'll assume the role of Senior Accountant with SunsTruck Sunglasses.
WHAT IS A SENIOR ACCOUNTANT?
Senior accountants take ownership of reporting costs, profitability, margins and expenditures for a given business. They use the principles of accounting to analyze sales information, create financial reports, make recommendations about the financial health of the company, and more. They are also responsible for training junior accounting staff.
For the last six months, SunsTruck has partnered with the discount retail store to run a pop-up sunglasses stand in their stores for a big summer promotion. Due to high customer purchase rate, the store has requested stock for five additional stores. SunsTruck needs to increase its production to meet the additional demand. In order to increase production, SunsTruck needs additional money.
In this assignment, you will need to help determine which type of financing option is best for your company and train your company junior accountants on the accounting cycle and financial statements.
INSTRUCTIONS
Step 1: Financing
The junior accounting team has assembled a Financing Report that (a) offers three options for securing the additional funds required to meet the new order; and (b) details the criteria Shaun, the owner of SunsTruck, would like you to consider when choosing one of the three options. Based on this report:
Identify which financing option you think is the best option for SunsTruck to pursue given Shaun’s constraints. Write 2-5 sentences explaining the rationale for your decision.
Note: You should complete Steps 2 & 3 after reading the material in Week 5.
Step 2: Accounting Cycle
A junior accountant is working to get everything in order for the new financing and has come to you with a question about what do next in the accounting cycle.
Read the email the junior accountant sent you and identify the best next step to take in the accounting cycle. Write 1-3 sentences explaining your reasoning.
Step 3: Financial Statements
A potential investor has been identified, but before it is willing to commit, it has requested information about SunsTruck’s current debt from the junior accountants.
Identify the correct financial statement for your junior accountants that will provide the investor with the information it has requested. Write 1-3 sentences to explain to your junior accountants why you are giving them this financial statement and where the debt information is located.
demonstrate your understanding of leadership in organizational behavior
Explain at least two examples of best practices for leaders in team development and communication in the organization usin ...
demonstrate your understanding of leadership in organizational behavior
Explain at least two examples of best practices for leaders in team development and communication in the organization using the
three dimensions of energy, engagement, and exploration. Identify planning methods used by the leader to align teams with organizational vision, and explain
actions that built and fostered team development and teamwork.
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International Markets
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Option #1: Personality and Motivation – Analyze a PersonalityDemonstrate your understanding of personality and motivatio ...
pick anyone that is easy
Option #1: Personality and Motivation – Analyze a PersonalityDemonstrate your understanding of personality and motivation and your critical thinking and writing skills by synthesizing theories of personality and motivation as covered in your textbook readings this week. Include any theories you have discovered in your own personality and motivation research efforts. Base your response to this assignment on the personality of somebody with whom you have direct experience in the workplace—it could be a peer, a manager, a subordinate, or even yourself.Describe the person’s personality broadly (either as described by the “Big Five” model, or by the Myers-Briggs Type Indicator from Chapter 9 of your textbook).Given what you know of the personality under examination, explain which theory or theories of motivation would be most effective for a manager to use when trying to help this individual achieve her or his full potential at work. Describe the process of determination and the theory or theories you eventually recommend, and explain how the manager can use the tenets of that theory or those theories as applied to the person who serves as your case study.Your well-written paper should meet the following requirements:3-4 pages in length in addition to the title page and reference pageFormatted according to the CSU-Global Guide to Writing and APA RequirementsCite a minimum of two scholarly sources, at least one of which is not provided in, or linked from, the course. The CSU-Global Library is a great place to find scholarly sources!Write clearly and logically, as you will be graded on content, analysis, and your adherence to the tenets of good academic writing, which should be succinct where possible while also exploring the topics appropriately. Remember that you can always improve your work by providing support from outside scholarly sources, which both help to bolster your own assertions and supplement your ideas.Option #2: Soft Skills in Workplace Volunteering and InternshipsAfter reading Hoy’s (2011) article regarding internships and volunteering, reviewing the list of Soft Skills and visiting the Student Career Center, identify an opportunity to volunteer or intern through your current workplace, through an organization connected to your field of study, or one found through the Student Career Center under the Internship link. Keep in mind that volunteering on a workplace committee, as an extension to the community, or working under a mentor’s care are all examples of volunteering or internship, to name a few. Once you have identified your workplace opportunity, choose four soft skills from the list and complete the following:Analyze each of the four chosen soft skills in connection to what skill is important to your chosen volunteer or internship opportunity.Examine each with specifics and details, and offer examples related to your field of study.Conclude with a reflection of how your own soft skills could positively impact the chosen volunteer or internship experience.Your well-written paper should meet the following requirements:3-4 pages in length in addition to the title page and reference pageFormatted according to the CSU-Global Guide to Writing and APA RequirementsCite a minimum of two scholarly sources, at least one of which is not provided in, or linked from, the course. The CSU-Global Library is a great place to find scholarly sources!Write clearly and logically, as you will be graded on content, analysis, and your adherence to the tenets of good academic writing, which should be succinct where possible while also exploring the topics appropriately. Remember that you can always improve your work by providing support from outside scholarly sources, which help both to bolster your own assertions and supplement your ideas.
MGT 421 SEU Graphic Aids for Documents and Presentations Questions
Read the attached chapter file and answer the following questions:1- Discuss the relation between words and graphics in bu ...
MGT 421 SEU Graphic Aids for Documents and Presentations Questions
Read the attached chapter file and answer the following questions:1- Discuss the relation between words and graphics in business documents, How do you they support one another?2- Discuss common errors in using the following graphics : pie charts - bar charts - line graph - pictogram - map?
Walden University State Firm Adjusts to the Changing World Essay
To prepare for this Assignment, review “State Farm Adjusts to a Changing World” on pages 17-18 of Dyer, Godfrey, Jense ...
Walden University State Firm Adjusts to the Changing World Essay
To prepare for this Assignment, review “State Farm Adjusts to a Changing World” on pages 17-18 of Dyer, Godfrey, Jensen, and Bryce (2020), and complete a personal version of the Strategy Tool provided on page 39-42 of the text. Be sure to consider the potential impact of the Five Forces as a tool for shaping industry competition and strategy development. By Day 7 Submit a 3- to 5-page analysis of the influence of market selection in business strategy development. Your analysis should address the following: What is the intensity of rivalry—high, medium, or low—within the industry? Explain your answer using the Rivalry Strategy Tool.What is the intensity of supplier power—high, medium, or low—within the industry? Explain your answer using the Rivalry Strategy Tool.What is the importance of correctly identifying and choosing a firm's industries and markets? Justify your answer with at least one example.How does accounting for gaining and sustaining competitive advantage impact the success of business strategy development? Explain. Link for textbook where “State Farm Adjusts to a Changing World” is found: https://bncvirtual.com/vb_home.php?account_action=login&CSID=2QBZQUABOMMWQD2QOADUCUSMB&FVCUSNO=35038 Login info: Username: Tnsmith0374@gmail.com Password: Kingzulu03 After you login, click “View your digital content” which is located on the right and the name of the book is called Strategic Management: Concepts and Cases. It is mandatory that the citations from the articles for the paper come from the library listed below. You can use outside scholarly sources also, however, like i said it is mandatory that a majority of the citations come from there. Login to access Library link: https://academicguides.waldenu.edu/library Username: tierra.green@waldenu.edu, Password: Jaguar14!!The template that must be used it attached
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Finance and accounting
FINANCE & ACCOUNTING - SENIOR ACCOUNTANT ANALYSIS
Due Date
Week 4
Note: While representative of possible situatio ...
Finance and accounting
FINANCE & ACCOUNTING - SENIOR ACCOUNTANT ANALYSIS
Due Date
Week 4
Note: While representative of possible situations faced by SunsTruck Sunglasses, all scenarios in this assignment are fictional.
Real Business
Large discount retailers like Target and Walmart employ large teams of Finance and Accounting professionals to help measure and understand the financial health of the business. Financial and accounting information helps these businesses make educated financial decisions, such as whether or not to continue partnering with a retail supplier. While often smaller businesses, it is equally important for these retail suppliers to use financial and accounting data to make educated decisions, such as the best approach to gaining additional funding.
Your Role
This week, you'll assume the role of Senior Accountant with SunsTruck Sunglasses.
WHAT IS A SENIOR ACCOUNTANT?
Senior accountants take ownership of reporting costs, profitability, margins and expenditures for a given business. They use the principles of accounting to analyze sales information, create financial reports, make recommendations about the financial health of the company, and more. They are also responsible for training junior accounting staff.
For the last six months, SunsTruck has partnered with the discount retail store to run a pop-up sunglasses stand in their stores for a big summer promotion. Due to high customer purchase rate, the store has requested stock for five additional stores. SunsTruck needs to increase its production to meet the additional demand. In order to increase production, SunsTruck needs additional money.
In this assignment, you will need to help determine which type of financing option is best for your company and train your company junior accountants on the accounting cycle and financial statements.
INSTRUCTIONS
Step 1: Financing
The junior accounting team has assembled a Financing Report that (a) offers three options for securing the additional funds required to meet the new order; and (b) details the criteria Shaun, the owner of SunsTruck, would like you to consider when choosing one of the three options. Based on this report:
Identify which financing option you think is the best option for SunsTruck to pursue given Shaun’s constraints. Write 2-5 sentences explaining the rationale for your decision.
Note: You should complete Steps 2 & 3 after reading the material in Week 5.
Step 2: Accounting Cycle
A junior accountant is working to get everything in order for the new financing and has come to you with a question about what do next in the accounting cycle.
Read the email the junior accountant sent you and identify the best next step to take in the accounting cycle. Write 1-3 sentences explaining your reasoning.
Step 3: Financial Statements
A potential investor has been identified, but before it is willing to commit, it has requested information about SunsTruck’s current debt from the junior accountants.
Identify the correct financial statement for your junior accountants that will provide the investor with the information it has requested. Write 1-3 sentences to explain to your junior accountants why you are giving them this financial statement and where the debt information is located.
demonstrate your understanding of leadership in organizational behavior
Explain at least two examples of best practices for leaders in team development and communication in the organization usin ...
demonstrate your understanding of leadership in organizational behavior
Explain at least two examples of best practices for leaders in team development and communication in the organization using the
three dimensions of energy, engagement, and exploration. Identify planning methods used by the leader to align teams with organizational vision, and explain
actions that built and fostered team development and teamwork.
10 pages
International Markets
When it comes to internationalization, a corporation has a number of options. There are a number of elements that will det ...
International Markets
When it comes to internationalization, a corporation has a number of options. There are a number of elements that will determine which entrance mode ...
pick anyone that is easy
Option #1: Personality and Motivation – Analyze a PersonalityDemonstrate your understanding of personality and motivatio ...
pick anyone that is easy
Option #1: Personality and Motivation – Analyze a PersonalityDemonstrate your understanding of personality and motivation and your critical thinking and writing skills by synthesizing theories of personality and motivation as covered in your textbook readings this week. Include any theories you have discovered in your own personality and motivation research efforts. Base your response to this assignment on the personality of somebody with whom you have direct experience in the workplace—it could be a peer, a manager, a subordinate, or even yourself.Describe the person’s personality broadly (either as described by the “Big Five” model, or by the Myers-Briggs Type Indicator from Chapter 9 of your textbook).Given what you know of the personality under examination, explain which theory or theories of motivation would be most effective for a manager to use when trying to help this individual achieve her or his full potential at work. Describe the process of determination and the theory or theories you eventually recommend, and explain how the manager can use the tenets of that theory or those theories as applied to the person who serves as your case study.Your well-written paper should meet the following requirements:3-4 pages in length in addition to the title page and reference pageFormatted according to the CSU-Global Guide to Writing and APA RequirementsCite a minimum of two scholarly sources, at least one of which is not provided in, or linked from, the course. The CSU-Global Library is a great place to find scholarly sources!Write clearly and logically, as you will be graded on content, analysis, and your adherence to the tenets of good academic writing, which should be succinct where possible while also exploring the topics appropriately. Remember that you can always improve your work by providing support from outside scholarly sources, which both help to bolster your own assertions and supplement your ideas.Option #2: Soft Skills in Workplace Volunteering and InternshipsAfter reading Hoy’s (2011) article regarding internships and volunteering, reviewing the list of Soft Skills and visiting the Student Career Center, identify an opportunity to volunteer or intern through your current workplace, through an organization connected to your field of study, or one found through the Student Career Center under the Internship link. Keep in mind that volunteering on a workplace committee, as an extension to the community, or working under a mentor’s care are all examples of volunteering or internship, to name a few. Once you have identified your workplace opportunity, choose four soft skills from the list and complete the following:Analyze each of the four chosen soft skills in connection to what skill is important to your chosen volunteer or internship opportunity.Examine each with specifics and details, and offer examples related to your field of study.Conclude with a reflection of how your own soft skills could positively impact the chosen volunteer or internship experience.Your well-written paper should meet the following requirements:3-4 pages in length in addition to the title page and reference pageFormatted according to the CSU-Global Guide to Writing and APA RequirementsCite a minimum of two scholarly sources, at least one of which is not provided in, or linked from, the course. The CSU-Global Library is a great place to find scholarly sources!Write clearly and logically, as you will be graded on content, analysis, and your adherence to the tenets of good academic writing, which should be succinct where possible while also exploring the topics appropriately. Remember that you can always improve your work by providing support from outside scholarly sources, which help both to bolster your own assertions and supplement your ideas.
MGT 421 SEU Graphic Aids for Documents and Presentations Questions
Read the attached chapter file and answer the following questions:1- Discuss the relation between words and graphics in bu ...
MGT 421 SEU Graphic Aids for Documents and Presentations Questions
Read the attached chapter file and answer the following questions:1- Discuss the relation between words and graphics in business documents, How do you they support one another?2- Discuss common errors in using the following graphics : pie charts - bar charts - line graph - pictogram - map?
Walden University State Firm Adjusts to the Changing World Essay
To prepare for this Assignment, review “State Farm Adjusts to a Changing World” on pages 17-18 of Dyer, Godfrey, Jense ...
Walden University State Firm Adjusts to the Changing World Essay
To prepare for this Assignment, review “State Farm Adjusts to a Changing World” on pages 17-18 of Dyer, Godfrey, Jensen, and Bryce (2020), and complete a personal version of the Strategy Tool provided on page 39-42 of the text. Be sure to consider the potential impact of the Five Forces as a tool for shaping industry competition and strategy development. By Day 7 Submit a 3- to 5-page analysis of the influence of market selection in business strategy development. Your analysis should address the following: What is the intensity of rivalry—high, medium, or low—within the industry? Explain your answer using the Rivalry Strategy Tool.What is the intensity of supplier power—high, medium, or low—within the industry? Explain your answer using the Rivalry Strategy Tool.What is the importance of correctly identifying and choosing a firm's industries and markets? Justify your answer with at least one example.How does accounting for gaining and sustaining competitive advantage impact the success of business strategy development? Explain. Link for textbook where “State Farm Adjusts to a Changing World” is found: https://bncvirtual.com/vb_home.php?account_action=login&CSID=2QBZQUABOMMWQD2QOADUCUSMB&FVCUSNO=35038 Login info: Username: Tnsmith0374@gmail.com Password: Kingzulu03 After you login, click “View your digital content” which is located on the right and the name of the book is called Strategic Management: Concepts and Cases. It is mandatory that the citations from the articles for the paper come from the library listed below. You can use outside scholarly sources also, however, like i said it is mandatory that a majority of the citations come from there. Login to access Library link: https://academicguides.waldenu.edu/library Username: tierra.green@waldenu.edu, Password: Jaguar14!!The template that must be used it attached
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