Day: February 27, 2020

Any time goods are sold or services are provided without an immediate payment in exchange, there is an account receivable created to record the amount due to the provider. While the intention is to collect 100% of these sales made on account, that isnt always the reality. Companies have to be realistic in their collection expectations of their accounts receivable. Because of this, they often need to review and estimate their bad debt expense and their net realizable value of their accounts receivable, or in other words, what they really expect to collect of those accounts.

William Commerce, owner of Commerce Commercials, has some questions for you as the office manager of his company. For your initial post, draft a professional email to William Commerce to address the following questions:

Why do we as a company have to estimate and record anticipated uncollectible accounts? Cant we just record the revenues earned when the cash comes in? Why would we even extend credit to customers who dont pay their debts? What are these Generally Accepted Accounting Principles anyway, and which ones require this recording of revenues when earned and expenses when incurred, and the estimating of the bad debts?
Also, we dont currently have a standard policy for credit management in our company. Please formulate a policy for granting, managing, and collection of accounts receivable for Commerce Commercials. This policy will go into the company handbook and on credit applications given to new customers seeking the option to make purchases on credit.

Your response post should be in the form of a response to your classmate as William Commerce, asking for clarification and making any adjustments to their policy formulation you see appropriate.

  need 2 answers 

Provide a reflection of at least 500 words (or 2 pages double spaced) of how the knowledge, skills, or theories of this course have been applied, or could be applied, in a practical manner to your current work environment. If you are not currently working, share times when you have or could observe these theories and knowledge could be applied to an employment opportunity in your field of study.

  Requirements:

• Provide a 500 word (or 2 pages double spaced) minimum reflection.
• Use of proper APA formatting and citations. If supporting evidence from outside resources is used those must be properly cited.
• Share a personal connection that identifies specific knowledge and theories from this course.
• Demonstrate a connection to your current work environment. If you are not employed, demonstrate a connection to your desired work environment.
• You should NOT, provide an overview of the assignments assigned in the course. The assignment asks that you reflect how the knowledge and skills obtained through meeting course objectives were applied or could be applied in the workplace.
• 1. Project performance measurements 2. Change management techniques to scope, schedule, and costs of project 3. Assurance that project deliverables conform to quality standards 4. Methods to update the risk register by identifying new project risks 5. Acceptance of the project deliverables with sponsor/customer 6. Distribution of archived reports to customer, acquiring financial, legal, and administrative closure, and evaluating measures of customer satisfaction 

 need answers for 2 

In this week’s discussion, prepare a synopsis of the material discussed in the chapter readings.  In your post, share any questions you may have regarding the managerial finance concepts presented in the textbook (PFA for attachment needed synosis for it .

Why do so many projects end up terminated as a result of termination through starvation? Discuss the role of ego, power, and politics in this form of project termination.

Module 03 Written Assignment The Balance Sheet

Review the account balances of Ma and Pa Grocery as of December 31, 20##, in the .

Requirements:

1. Prepare the Statement of Retained Earnings for the period ending December 31, 20##.
2. Prepare the Balance Sheet as of December 31, 20##.
3. Calculate the current ratio for the year.

Submit your completed assignment by following the directions linked below. Please check the Course Calendar for specific due dates.

Save your assignment as a Microsoft Excel document. (Mac users, please remember to append the “.xlsx” extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date. An example is shown below:

Jstudent_exampleproblem_101504

Framing the Study

1. Title. What is the working title of your proposed research? Does this make your dissertation instantly recognisable to the reader, does it capture the theory and the context of your study?

2. What is the dissertation about and why is it important. Short overview detailing why anyone would want to undertake this study and why anyone would care! [Refer to your notes from lecture 2 and tutorials 1 &2]

3. Research Question, Aim and Objectives. Clearly state and delimit these three separate elements. [Refer to your notes from Tutorials 1 &2]

4. What are the potential impacts of the dissertation? For example, what problems are you intending to resolve, which stakeholders may benefits from your work, Any potential new ideas, ways of understanding old problems, new techniques, revised techniques or criticisms of current practices. 

5. What is the theoretical framework for the dissertation? Specify which literature are you engaging with and which theoretical body of knowledge you are basing your study within, are you developing that theory (or theories), or are you testing that theory in a new context. [Refer to your notes from lectures 1, 2, 3 & 5 and tutorials 1,2 & 3]. Are you applying the theory to a particular business, industry, sector, country, etc. and why are you planning on doing that. Highlight briefly the significant knowledge gaps in the literature.