FIN 324 Week 3

Resource: Accounting Concepts and Applications

Prepare answers to the following exercises:

Practice Exercise 2-14 (Ch. 2) of Accounting Concepts and Applications

Exercises 2-25, 2-27Part 12-32, 2-29, and 2-33 (Ch. 2) of Accounting Concepts and Applications

Learning Team Assignment: Key Financial Relationships Paper

Resource: Review of Financial Statements Paper

Prepare a 1,050- to 1,400-word summary comparing the organizations two most recent fiscal years based on the following:

Discuss the interrelationships noted among data provided by each statement.

Describe where key components of the basic accounting equation are illustrated in the organizations financial statements.

Describe any control techniques or issues discussed in the statements.

Format your paper according to APA standards

Discussion Questions

What is the difference between operating and financial leverage? Can there be too much financial leverage in a firm? Why or why not?

What are three U.S. stock exchanges where equities are publicly traded? Why may a stock split not be of great value to existing shareholders? How can a dividend policy be amended to address shareholders expectations of increasing returns?