M1 a3 | Business & Finance homework help

 

Don't use plagiarized sources. Get Your Custom Essay on
M1 a3 | Business & Finance homework help
Just from $13/Page
Order Essay

M1 OAES Assigned Questions

Read the Success on the OAES document for full instructions about how to use this system. Assigned questions for Module 1 are below.

The following will be 2 points each:

1-1: Explain why stewardship is an important concept.

1-2: What three traditional functions does accounting fulfill?

1-3: What types of groups regulate financial accounting statements?

1-4: What is managerial accounting and how is it different from financial accounting?

2-1: Explain value based management and shareholder value.

2-2: What are some of the rights of shareholders in companies today?

2-3: What is a financial audit?

3-1: What elements or categories are on each of the financial statements? The OAES has two questions for this item, part a and part b.

3-2: Which general ledger accounts would be affected by the purchase of goods on credit for later resale?

3-3: Which general ledger accounts would be affected by the purchase of a computer for business on credit?

Use the following information to answer Questions 3-4 to 3-8 (6 points each)

Kochyo purchases an inventory of spare parts on credit from its suppliers for $15,000. During the month Kochyo pays its suppliers $10,000 and sells spare parts (which cost the business $8,000) to its customers on credit for $20,000. Customers pay Kochyo $12,000 during the month.

3-4: How much does inventory change?

3-5: How much does payables change?

3-6: What is the change in receivables?

3-7: What is the change in net profit?

3-8: How much does the bank account change?

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency