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Title: ASH ACC 206 Innovative Educator/ashacc206.com


1
ASH ACC 206 Innovative Educator/ash
acc206.com
2
ASH ACC 206 Innovative Educator
  • ACC 206 Entire Course (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • ACC 206 Week 1 Assignment Chapter One Problems
  • ACC 206 Week 1 DQ1 Cash Flows Information
  • ACC 206 Week 1 DQ2 Apple's Cash Flow
  • ACC 206 Week 2 Assignment Chapter Two and Three
    Problems
  • ACC 206 Week 2 DQ1 Stock Features

3
ASH ACC 206 Innovative Educator
  • ACC 206 Entire Course (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • ACC 206 Week 1 Assignment Chapter One Problems
  • ACC 206 Week 1 DQ1 Cash Flows Information
  • ACC 206 Week 1 DQ2 Apple's Cash Flow
  • ACC 206 Week 2 Assignment Chapter Two and Three
    Problems
  • ACC 206 Week 2 DQ1 Stock Features

4
ASH ACC 206 Innovative Educator
  • ACC 206 Week 1 Assignment Chapter One Problems
    (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Answer the following questionsWhy are noncash
    transactions, such as the exchange of common
    stock a building, included on a statement of cash
    flows? How are these noncash transactions
    disclosed?
  • Chapter 1 Exercise 1
  • 1. Classification of activities

5
ASH ACC 206 Innovative Educator
  • ACC 206 Week 1 Assignment Chapter One Problems
    (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Ch 1 Critical Thinking Question 5
  • Answer the following questionsWhy are noncash
    transactions, such as the exchange of common
    stock a building, included on a statement of cash
    flows? How are these noncash transactions
    disclosed?
  • Chapter 1 Exercise 1
  • 1. Classification of activitiesClassify each of
    the following transactions as arising from an
    operating (O), investing (I), financing (F), or
    noncash investing/financing (N) activity.

6
ASH ACC 206 Innovative Educator
  • ACC 206 Week 1 DQ 1 Cash Flows Information (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Cash Flows Information
  • What information does the cash flow statement
    provide that you cannot see in the other
    financial statements (income statement, balance
    sheet, owners equity)? What elements of the cash
    flow statement do you think are most important
    for company management to monitor and why? Is
    this different for investors?

7
ASH ACC 206 Innovative Educator
  • ACC 206 Week 1 DQ 2 Apple's Cash Flow (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Go to http//finance.yahoo.com. Enter in AAPL
    and click on the get quote button, and it will
    bring up information on Apple. On the left hand
    side youll see a section on Financials. Within
    that section, click on the cash flow. Review the
    cash flow statement for Apple.

8
ASH ACC 206 Innovative Educator
  • ACC 206 Week 1 DQ 2 Apple's Cash Flow (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Go to http//finance.yahoo.com. Enter in AAPL
    and click on the get quote button, and it will
    bring up information on Apple. On the left hand
    side youll see a section on Financials. Within
    that section, click on the cash flow. Review the
    cash flow statement for Apple. How would you
    summarize Apples cash flow position and what
    does this statement tell you about where the
    money is coming from and where its going? What
    would you suggest Apples do to improve its cash
    position and why?

9
ASH ACC 206 Innovative Educator
  • ACC 206 Week 1 DQ1 Cash Flows Information (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • What information does the cash flow statement
    provide that you cannot see in the other
    financial statements (income statement, balance
    sheet, owners equity)? What elements of the cash
    flow statement do you think are most important
    for company management to monitor and why? Is
    this different for investors?
  • Guided Response
  • Review your peers postings. Respond to at least
    two of classmates, letting them know whether you
    agree with the use of the cash flow statement and
    why.

10
ASH ACC 206 Innovative Educator
  • ACC 206 Week 2 Assignment Chapter Two and Three
    Problems (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Chapter Two and Three Problems
  • Please complete the following 7 exercises below
    in either Excel or a word document (but must be
    single document). You must show your work where
    appropriate (leaving the calculations within
    Excel cells is acceptable). Save the document,
    and submit it in the appropriate week using the
    Assignment Submission button.

11
ASH ACC 206 Innovative Educator
  • ACC 206 Week 2 Assignment Chapter Two and Three
    Problems (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Please complete the following 7 exercises below
    in either Excel or a word document (but must be
    single document). You must show your work where
    appropriate (leaving the calculations within
    Excel cells is acceptable). Save the document,
    and submit it in the appropriate week using the
    Assignment Submission button.
  • Chapter 2 Exercise 1
  • 1. Issuance of stock
  • Prepare journal entries to record the issuance of
    100,000 shares of common stock at 20 per share
    for each of the following independent cases

12
ASH ACC 206 Innovative Educator
  • ACC 206 Week 2 DQ 1 Stock Features (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Stock Features
  • 1. What is callable preferred stock? Why do
    corporations issue such stock? Given the
    different features that are associated with stock
    (callable, cumulative, preferred, etc.), what
    type of stock would you want to buy personally
    and why?
  • Guided Response
  • Review your peers posts. Respond to at least two
    of your classmates, letting them know if you
    agree with their type of desired stock and
    whether your answer would change (and why) based
    on

13
ASH ACC 206 Innovative Educator
  • ACC 206 Week 2 DQ 2 Role of Management Accounting
    (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Role of Management Accounting
  • Review the roles of management accounting within
    a company. What is the most important role of
    management accounting? How is that different than
    financial accounting?
  • Guided ResponseReview your peer's responses.
    Respond to at least two of your peers, adding at
    least two additional areas that management
    accountants focus on that the author didn't
    include

14
ASH ACC 206 Innovative Educator
  • ACC 206 Week 2 DQ1 Stock Features (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • 1. What is callable preferred stock? Why do
    corporations issue such stock? Given the
    different features that are associated with stock
    (callable, cumulative, preferred, etc.), what
    type of stock would you want to buy personally
    and why?
  • Guided Response
  • Review your peers posts. Respond to at least two
    of your classmates, letting them know if you
    agree with their type of desired stock and
    whether your answer would change (and why) based
    on

15
ASH ACC 206 Innovative Educator
  • ACC 206 Week 2 DQ2 Role of Management Accounting
    (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Review the roles of management accounting within
    a company. What is the most important role of
    management accounting? How is that different than
    financial accounting?
  • Guided ResponseReview your peer's responses.
    Respond to at least two of your peers, adding at
    least two additional areas that management
    accountants focus on that the author didn't
    include

16
ASH ACC 206 Innovative Educator
  • ACC 206 Week 2 Journal Institute of Management
    Accounting (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Institute of Management AccountingWhile there
    are many instances of overlap between financial
    accounting and management accounting, each
    groups primary focus is different. Review the
    Institute of Management Accountings (IMA)
    website, specifically the About IMA and the
    Resources and Publications sections of the
    website. Are you surprised by the topics that
    management accountants are focusing on? Why or
    why not?

17
ASH ACC 206 Innovative Educator
  • ACC 206 Week 2 Journal Institute of Management
    Accounting (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • While there are many instances of overlap between
    financial accounting and management accounting,
    each groups primary focus is different. Review
    the Institute of Management Accountings (IMA)
    website, specifically the About IMA and the
    Resources and Publications sections of the
    website. Are you surprised by the topics that
    management accountants are focusing on?

18
ASH ACC 206 Innovative Educator
  • ACC 206 Week 3 Assignment Chapter Four and Five
    Problems (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Chapter 4 and 5 Problems
  • Please complete the following 7 exercises below
    in either Excel or a word document (but must be
    single document). You must show your work where
    appropriate (leaving the calculations within
    Excel cells is acceptable). Save the document,
    and submit it in the appropriate week using the
    Assignment Submission button.

19
ASH ACC 206 Innovative Educator
  • ACC 206 Week 3 Assignment Chapter Four and Five
    Problems (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Please complete the following 7 exercises below
    in either Excel or a word document (but must be
    single document). You must show your work where
    appropriate (leaving the calculations within
    Excel cells is acceptable). Save the document,
    and submit it in the appropriate week using the
    Assignment Submission button.
  • Chapter 4 Exercise 3
  • 3. Cost flows and overhead application

20
ASH ACC 206 Innovative Educator
  • ACC 206 Week 3 DQ 1 Issues in Costing (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Issues in Costing
  • Describe three issues/problems that a company
    could encounter when trying to determine the
    actual cost of a good or service to be used in
    the cost of goods sold. For each of your issues,
    provide an example of a company or industry where
    these issues could be present.
  • Guided ResponseReview your peers posts and
    respond to at least two of your classmates.
    Describe how job order costing or activity-based
    costing could resolve the issues your classmates
    mentioned in their posts.

21
ASH ACC 206 Innovative Educator
  • ACC 206 Week 3 DQ 2 CVP and the Airline Industry
    (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • CVP and the Airline Industry
  • Weve all experienced (or heard about) the
    challenges that the airlines have been facing.
    Read the Zacks Investment Research article,
    Airline Industry Stock Outlook August 2012
    Identify three factors that are affecting airline
    companys ability to break even. For each of your
    factors, discuss how these have an impact on the
    breakeven (contribution margin, fixed costs,
    variable costs, a combination, etc.), and what
    happens if these factors increase or decrease.

22
ASH ACC 206 Innovative Educator
  • ACC 206 Week 3 DQ 2 CVP and the Airline Industry
    (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Weve all experienced (or heard about) the
    challenges that the airlines have been facing.
    Read the Zacks Investment Research article,
    Airline Industry Stock Outlook August 2012
    Identify three factors that are affecting airline
    companys ability to break even. For each of your
    factors, discuss how these have an impact on the
    breakeven (contribution margin, fixed costs,
    variable costs, a combination, etc.), and what
    happens if these factors increase or decrease.

23
ASH ACC 206 Innovative Educator
  • ACC 206 Week 3 DQ1 Issues in Costing (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Describe three issues/problems that a company
    could encounter when trying to determine the
    actual cost of a good or service to be used in
    the cost of goods sold. For each of your issues,
    provide an example of a company or industry where
    these issues could be present.
  • Guided ResponseReview your peers posts and
    respond to at least two of your classmates.
    Describe how job order costing or activity-based
    costing could resolve the issues your classmates
    mentioned in their posts.

24
ASH ACC 206 Innovative Educator
  • ACC 206 Week 3 Journal Hershey Company (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Hershey Company
  • Go the Hershey website to learn how to make
    Hershey chocolate. Review the process and take a
    look at some of the videos. Pay particular
    attention to the process steps of milling and
    pressing, mixing the ingredients, and refining.
  • In at least one paragraph, describe the costing
    system that you would recommend Hershey use to
    account for its cost of goods sold and why.
    Include a few product costs you think would be
    traceable, which costs should be allocated, and
    how Hershey should account and apply the
    manufacturing overhead costs.

25
ASH ACC 206 Innovative Educator
  • ACC 206 Week 3 Journal Hershey Company (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Go the Hershey website to learn how to make
    Hershey chocolate. Review the process and take a
    look at some of the videos. Pay particular
    attention to the process steps of milling and
    pressing, mixing the ingredients, and refining.
  • In at least one paragraph, describe the costing
    system that you would recommend Hershey use to
    account for its cost of goods sold and why.
    Include a few product costs you think would be
    traceable, which costs should be allocated, and
    how Hershey should account and apply the
    manufacturing overhead costs.

26
ASH ACC 206 Innovative Educator
  • ACC 206 Week 4 Assignment Chapter Six and Seven
    Problems (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Chapter 6 and 7 Problems
  • Please complete the following 8 exercises below
    in either Excel or a word document (but must be
    single document). You must show your work where
    appropriate (leaving the calculations within
    Excel cells is acceptable). Save the document,
    and submit it in the appropriate week using the
    Assignment Submission button.
  • Chapter 6 Exercise 2
  • 2. Schedule of cash collections

27
ASH ACC 206 Innovative Educator
  • ACC 206 Week 4 Assignment Chapter Six and Seven
    Problems (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Please complete the following 8 exercises below
    in either Excel or a word document (but must be
    single document). You must show your work where
    appropriate (leaving the calculations within
    Excel cells is acceptable). Save the document,
    and submit it in the appropriate week using the
    Assignment Submission button.
  • Chapter 6 Exercise 2
  • 2. Schedule of cash collections

28
ASH ACC 206 Innovative Educator
  • ACC 206 Week 4 DQ 1 Issues in Standard Costs and
    Budgeting (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Issues in Standard Costs and Budgeting
  • Review the Standard costs wake up and smell the
    coffee.article. When evaluating performance, many
    organizations compare current results with the
    actual results of previous accounting periods. Is
    an organization that follows this approach likely
    to encounter any problems? Explain.
  • Guided ResponseReview your peers posts and
    respond to at least two of your classmates.

29
ASH ACC 206 Innovative Educator
  • ACC 206 Week 4 DQ 2 Flexible Budgets (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Flexible budgets provide different information
    than static budgets. Discuss some of these
    differences. Is a flexible budget always better?
    Are there times when youd recommend using a
    static budget over a flexible budget?
  • Guided ResponseReview your peers posts and
    respond to at least two of your classmates.
    Discuss whether you agree or disagree with the
    uses of a flexible budget and why.

30
ASH ACC 206 Innovative Educator
  • ACC 206 Week 4 DQ 2 Flexible Budgets (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Flexible budgets provide different information
    than static budgets. Discuss some of these
    differences. Is a flexible budget always better?
    Are there times when youd recommend using a
    static budget over a flexible budget?
  • Guided ResponseReview your peers posts and
    respond to at least two of your classmates.
    Discuss whether you agree or disagree with the
    uses of a flexible budget and why.

31
ASH ACC 206 Innovative Educator
  • ACC 206 Week 4 DQ1 Issues in Standard Costs and
    Budgeting (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Review the Standard costs wake up and smell the
    coffee.article. When evaluating performance, many
    organizations compare current results with the
    actual results of previous accounting periods. Is
    an organization that follows this approach likely
    to encounter any problems? Explain.
  • Guided ResponseReview your peers posts and
    respond to at least two of your classmates.

32
ASH ACC 206 Innovative Educator
  • ACC 206 Week 5 Assignment Chapter Eight Problems
    (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Chapter Eight Problems
  • Please complete the following 5 exercises below
    in either Excel or a word document (but must be
    single document). You must show your work where
    appropriate (leaving the calculations within
    Excel cells is acceptable). Save the document,
    and submit it in the appropriate week using the
    Assignment Submission button.

33
ASH ACC 206 Innovative Educator
  • ACC 206 Week 5 Assignment Chapter Eight Problems
    (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Please complete the following 5 exercises below
    in either Excel or a word document (but must be
    single document). You must show your work where
    appropriate (leaving the calculations within
    Excel cells is acceptable). Save the document,
    and submit it in the appropriate week using the
    Assignment Submission button.

34
ASH ACC 206 Innovative Educator
  • ACC 206 Week 5 Assignment Final Paper (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Focus of the Final PaperYouve just been hired
    onto ABC Company as the corporate controller. ABC
    Company is a manufacturing firm that specializes
    in making cedar roofing and siding shingles. The
    company currently has annual sales of around 1.2
    million, a 25 increase from the previous year.
    The company has an aggressive growth target of
    reaching 3 million annual sales within the next
    3 years. The CEO has been trying to find
    additional products that can leverage the current
    ABC employee skillset as well as the
    manufacturing facilities.

35
ASH ACC 206 Innovative Educator
  • ACC 206 Week 5 Assignment Final Paper (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Focus of the Final PaperYouve just been hired
    onto ABC Company as the corporate controller. ABC
    Company is a manufacturing firm that specializes
    in making cedar roofing and siding shingles. The
    company currently has annual sales of around 1.2
    million, a 25 increase from the previous year.
    The company has an aggressive growth target of
    reaching 3 million annual sales within the next
    3 years. The CEO has been trying to find
    additional products that can leverage the current
    ABC employee skillset as well as the
    manufacturing facilities.

36
ASH ACC 206 Innovative Educator
  • ACC 206 Week 5 DQ 1 Long-term Decision Making
    (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Long-term Decision Making
  • List a few of the issues and considerations
    businesses should have when it comes to the
    selection of long-term investments and how those
    issues impact the various financial
    statements.Guided ResponseReview your peers
    posts. Respond to at least two of your peers
    describing how these issues can be overcome by
    the tools discussed in this chapter and why
    (i.e., looking at IRR, NPV, cash flow).

37
ASH ACC 206 Innovative Educator
  • ACC 206 Week 5 DQ 1 Long-term Decision Making
    (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • List a few of the issues and considerations
    businesses should have when it comes to the
    selection of long-term investments and how those
    issues impact the various financial
    statements.Guided ResponseReview your peers
    posts. Respond to at least two of your peers
    describing how these issues can be overcome by
    the tools discussed in this chapter and why
    (i.e., looking at IRR, NPV, cash flow).

38
ASH ACC 206 Innovative Educator
  • ACC 206 Week 5 DQ 2 Responsibilities in
    Management Accounting (Ash)
  • For more course tutorials visit
  • www.ashacc206.com
  • Responsibilities in Management Accounting
  • Review the rights and responsibilities of
    Certified Management Accountants
    http//www.imanet.org/PDFs/Public/CMA/RIghts_Resp
    onsibility_CMA.pdfWhat are some of the ethical
    responsibilities and obligations that management
    accountants have within an organization? Provide
    some examples. Are these responsibilities
    different than the obligations for financial
    accountants?

39
ASH ACC 206 Innovative Educator
  • ACC 206 Week 5 DQ 2 Responsibilities in
    Management Accounting (New)
  • For more course tutorials visit
  • www.ashacc206.com
  • Review the rights and responsibilities of
    Certified Management Accountants
    http//www.imanet.org/PDFs/Public/CMA/RIghts_Resp
    onsibility_CMA.pdfWhat are some of the ethical
    responsibilities and obligations that management
    accountants have within an organization? Provide
    some examples. Are these responsibilities
    different than the obligations for financial
    accountants?

40
ASH ACC 206 Innovative Educator
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