FINANCE ACCOUNTING
This is a 4 part project
Part A
Task 1- Create a balance sheet
Task 2- Perform inventory valuation using LIFO, FIFO, AND WEIGHTED AVERAGE METHOD
Task3 -If said company above is to maximize income which will you use and why.
Part B
Task 4 – calculating and analyzing ratios
-Current Ratio
-Inventory Turnover Ratio
-Accounts Receivable Turnover Ratio
-Debt to Equity Ratio
-Return on Assets Ratio
-Asset Turnover Ratio
-Return on Equity Ratio
-Profit Margin Ratio
-Price Earnings Ratio
-Dividend Yield Ratio