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2. Discuss how using debt ratios applies to your personal finances.3. What does the P/E ratio or EPS tell you about a companies’ overall financial condition? 4. What industry statistics can a business use for comparison?5. How can they use that information in their business? Please give a specific example.

Discuss how using debt ratios applies to a business.Discuss how using debt ratios applies to your personal finances.What does the P/E ratio or EPS tell you about a companies’ overall financial condition? 4. What industry statistics can a business use for comparison?5. How can they use that information in their business? Please give a specific example.

Below are possible career opportunities for those earning a degree in accounting. Indicate whether the statement related to each career is true or false.(True/False) Someone earning a degree in accounting could pursue the following career:1. ________ Auditor2. ________ Tax preparer3. ________ Business consultant4. ________ Financial planner5. ________ Forensic investigator6. ________ Tax planner7. ________ Financial analyst8. ________ Information technology developer9. ________ Investment banker10. ________ Tax lawyer11. ________ FBI agent12. ________ Information risk manager

11. The effect of transactions on ratios You've been asked to tutor Skyla, a finance student who doesn't feel comfortable about her understanding of the relationship between a company's business activities, its financial accounts, and the company's financial ratios. To better appreciate these relationships, you've created the following exercises for Skyla to complete. The purpose of these exercises is to help Skyla (1) understand the effect of business transactions on financial statement-such as balance sheet and income statement-accounts and (2) how these changes in the numerators and denominators of financial ratios affect the ratios' values. However, before using these exercises in your tutoring session later today, you'll want to run the calculations on the following two business transactions, to verify the accuracy of your answers. To provide a consistent frame of reference for the company's financial statements and ratios, assume that the following balance sheet and income…

Is the organization profitable? Why or why not?   Use the Hillside, Inc. Balance Sheet information in cells A2 through D18 and cells A21 through B38 to complete the Financial Performance Calculations in cells A40 through C60. Table 1: Hillside, Inc. Balance Sheet ($ in Millions)             ASSETS   LIABILITIES         Cash & Marketable Securities                 449.90 Accounts Payable  1,611.20       Accounts Receivable                 954.80 Salaries Payable     225.20       Inventories              3,645.20 Other Current Liabilities  1,118.80       Other Current Assets                 116.60 Total Current Liabilities  2,955.20         Total Current Assets              5,165.27               Other Liabilities     693.40       Machinery & Equipment              1,688.90           Land              1,129.70   Total Liabilities  3,648.60       Buildings              2,348.40           Depreciation               (575.60) SHAREHOLDER'S EQUITY…

5. Match the terms with their appropriate descriptions: Group choices:  a. Certified Public Accountant b. Just-in-time manufacturing c.  Certified Management Accountant d. Continuous improvements  e. Certified Internal Auditor f. Certified Government Audition Professional  g. Certified financial Analyst  h. Total quality management  i. Lean six sigma j.  Certified Fraud Examiner   Specialist in corporate accounting management; favors financial analytics, budgeting, and strategic domains? Considered the top tier in accounting certifications; must pass a four-part exam, with education and work experience requirements? Designation that is exclusively for auditors of the public sector? Credential for auditors who work within organizations and is one of a few that is accepted worldwide? Certification for those with a career in finance and investment areas? Designation that proves proficiency in fraud prevention, detection, and deterrence?   The focus is on quality throughout the entire…

Define the branches of accounting of the following: 1.preparation of general purpose financial statement. Answer:____________ 2.evaluation of the performance of a sales department. Answer:___________ 3.develop standards to address a new business set up. Answer:____________ 4.review tax compliance of the business. Answer:_________ 5.evaluate whether a branch of the business complies with the collection and deposit policy of the company. Answer:_________ 6.review whether the financial statement are presented fairly and in compliance with accounting standards. Answer:_________ 7.report on the spending of government funds. Answer:__________ 8.report on the total cost of materials and labor used in the production. Answer:________ 9.conducting lectures on accounting topics. Answer:___________

The foundation of finance is the four basic financial statements. They are measured and reported based on Generally Accepted Accounting Principles which are a rule based set up standards to ensure the financial transaction are reported consistently over time, across multiple industries. What are the names of these financial statements? Are they reported at a point in time or over a period? What adjustments would you have to make to the income statement in order to approximate the cash coming into the company and the cash going out of the company? Measuring cash flow and reporting on it is very important to determining many financial metrics.

IDENTIFICATION: Identify what branch of accounting renders the service/s being described:

What finacial ratios are used when you are a financial auditor working in an accounting firm?

Financial Responsibilities: Describe the responsibilities of a financial analyst. Write five to seven bullet points outlining the responsibilities of a financial analyst. Write in complete sentences. Financial Management Decisions: Use an example to discuss the importance of analyzing and managing finances to help make business decisions. Consider the bullet points you outlined in the previous section. Then write a brief paragraph that answers the following questions. Use examples to support your claims. How do these responsibilities help inform management decisions? What would happen if management didn’t have this information? Accounting Principles: Explain how to use accounting principles to analyze a business’s financial health. Give examples to support your claims. Write a brief paragraph that explains how financial analysts use accounting principles to analyze a business’s financial health. In your paragraph, also answer the following questions: What accounting information…

Financial accounting can also be described as a way to a. Tell the financial story of a company.b. Calculate the amount of taxes owed to the government.c. Determine employee satisfaction with their work environment.d. Measure the personal net worth of stockholders.

Many accounting professionals work in one of the following three areas. A. Financial accounting B. Managerial accounting C. Tax accounting Identify the area of accounting that is most involved in each of the following  responsibilities.

(Please answer in Excel and show how you got the answer so I can better understand. Thank you.)   1. Given the financial statements (Balance Sheet, Income Statement) for a publicly traded company. Calculate the profitability ratio to find the gross profit ratio and the Net profit ratio.

Which one of the following occupations best fits into the corporate area of finance? A. Mortgage broker B. Treasury bill analyst C. Local bank manager D. Chief financial officer