Principles Of ACCOUNTING 3 Parts/ Assignments

Assignment 1: Accounting Exercises/Problems II

Due Saturday, July 1, 2017.   

In each module of this course, you will complete textbook exercises and problems using MyAccountingLab. The exercises and problems in this assignment provide real-world examples that give you an opportunity to apply your knowledge of the concepts covered in this module.

You will have until Saturday, July 1, 2017 to complete these exercises/problems but it is a good idea to start them now, which is why this assignment is placed first in this module.

Assignment 2: Discussion—Decision Case—World.com

Review Decision Case 1 (World.com) on page 186 in chapter 3. By Saturday, July 1, 2017, analyze the data presented in the case scenario and address the following questions in your initial post:

1. Assume that the most you would pay for the business is 20 times the monthly net income you could expect to earnfrom it. Compute this possible price.
2. Nicholas states that the least he will take for the business is an amount equal to the business’s owner’s equity balance on January 31. Compute this amount.
3. Under these conditions, how much should you offer Nicholas? Give your reason.

Assignment 3: Excel Problems

At the end of each module, you will apply the module’s concepts by completing comprehensive assignments from the textbook.

Complete problems P3-43 (p. 185) and P4-38 (p. 252) in your text book.

Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.

By Wednesday, July 5, 2017 deliver your assignment to the M2: Assignment 3 Dropbox.

Create the file with the following name: LastnameFirstInitial_M2A3.Excel.xls