power point project question

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IS 2200 - PowerPoint Assignment (50 points) Submit a PowerPoint presentation file (.pptx) that uses a minimum of ten (10) slides to illustrate the Fins Seafood Diner business case based on the Excel assignment. Please name it with YourLastnamePPT.pptx Your presentation should be complete. Please ensure that you include the following components: a. A complete structure for your presentation: 1. Introduction to the presentation (cover slide, outline slide). 2. Discussion of the case (important numbers, observations, etc.) 3. Sales by product (1 slide including graphic from Excel). 4. Your opinion of the figures (recommendations/suggestions) 5. Summary of the presentation. b. Using Notes Page, write speaker notes under each slide as if someone else beside you is doing the presentation. Make these notes extensive. c. Use footers and headers to identify your presentation. Date your presentation and number your slides. d. Use at least one clip art image. e. Record narration for all of your slides. f. Refer to the following rubric for requirements: Criteria – 10 slide minimum Content Spelling and grammar (10 slide minimum) Notes used effectively Slide transition preset? Linked Chart from pro forma? Graphics to enhance? Sound use appropriate? Slide numbers/date Max. Points. 10 points 05 points 10 points 05 points 05 points 05 points 05 points 05 points 1 Your score: 0 0 0 0 0 0 0 0 Net realizable value = AR Balance less Allowance for Doubtful Accounts $ 22,000 AR Balance $ (1,480) Allow for Doubtful Accts $ 20,520 Realizable Value before write off The $480 Write off reduces both the AR Balance and the Allowance for Doubtful Acct Balance so Net AR doesn’t change 21520 Adjusted AR Balance -1000 Adjusted Allow for doubtfull accts $ 20,520 Realizable value after write off The write off has no effect on the realizable value since it was already included in the allowance for doubtful accounts Answer = $20,520 Since they did not have a beginning balance in Allowance for Doubtful Accounts For this one you would just multiply the sales on account $53,000 x 8% = $4,240 Answer = $4,240 $ $ $ $ $ 210,000 (7,140) 2,800 4,400 210,060 List Price Discount @ 3.4% Shipping - FOB means the buyer pays Shipping Installation Costs The insurance cost is an expense, not part of the cost of the asset Answer = $210,060 Aging Current 0-30 31-60 61-90 over 90 $ $ $ $ $ $ % uncollectible AR Bal 26,700 12,650 2,550 1,180 1,300 44,380 8% 12% 17% 32% 57% Allow for Uncollectible $ 2,136.00 $ 1,518.00 $ 433.50 $ 377.60 $ 741.00 $ 5,206.10 (a) $ $ $ 2970 -3020 (50.00) 5,206.10 5,256.10 beginning balance in Allow for doubtful accts Write Offs during the year Balance before year end adjustment Year end Balance Should be (a) Adjustment to correct balance You need to adjust the balance in allowance for doubtful accounts to the correct balance at year end. In this problem the balance in allowance for doubtful accounts was a debit of $50 before the year end adjustment, so in order to bring it to a credit balance of $5,206.10 the adjustment is $5,206.10 + $50 = $5,256.10 Answer = $5,256.10 Gross amount of Receivable Less 6% service charge $ $ $ 5,500 (330) 5,170 Net amount company will collect from credit card company The entry to record this would be a debit to Accounts Receivable for $5,170 and a credit to revenue for $5,170 Since Accounts Receivable is an asset account, assets will increase by $5,170 Answer = Assets will increase by $5,170 Units of Prod. Depreciation = Number of Units Produced × (Cost − Salvage Value) Life in Number of Units List Price less 3% discount Installation Less Salvage Value Depreciable value Total Units useful life Depreciation per Unit X 80,000 units $ $ $ $ $ $ $ 17,700 (531) 2,000 (3,900) 15,269 800,000 0.019 1,527 cost cost cost salvage value total units useful life/depreciable value Answer = $1,527 Note: Insurance and Maintenance have no impact on the depreciation $ $ $ $ $ 11,500 17.0% 1,955 162.92 1,466.25 488.75 Loan Amount Annual Interest Rate Annual Interest Interest per month 2011 = 9 months ($162.92*9) 2012 = 3 month ($162.92*3) Answer = $1,466.25, $488.75 List Price Less 3% Discount Transportation Sales Tax Installation Cost of Machine $ $ $ $ $ $ Routine Maintenance is not included Answer = $51,920 48,000 (1,440) 1,100 3,360 900 51,920
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