ACC 291 Week 4

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ACC 291 Week 4

Individual Assignment Week Four

Resources: Ch. 11 & 12 of Financial Accounting.

Complete Exercises E11-15 & E12-2.

Complete Problem 11-6A.

Submit utilizing the Microsoft Excel template provided in the Course Materials forum.

Discussion Questions

Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does each section tell you about the operations of a company?

What are some common ratios used to analyze financial information? Which are the most important? What are some examples of how ratios are used in the decision making process?

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