Required Resource
Text
Porter, G., & Norton, C. (2018). Using financial accounting information: The alternative to debits and credits (10th ed.). Retrieved from https://www.cengage.com
· Chapter 9: Current Liabilities, Contingencies, and the Time Value of Money
· Chapter 10: Long-Term Liabilities
· Chapter 11: Stockholders’ Equity
Recommended Resources
Books
Brodersen, S., & Pysh, P. (2014). Warren Buffett accounting book: Reading financial statements for value investing . Retrieved from https://www.vitalsource.com
· This book provides information about financial statements, including the income statement, balance sheet, and statement of cash flows, as well as financial ratios and financial statement analysis. It may assist you with your Current Assets and Current Liabilities Analysis Case Study and Long-Term Liabilities and Cash Flow Analysis Case Study discussion forums, as well as your Week 4 CNow Homework Problems assignment this week.
Piper, M. (2010). Accounting made simple: Accounting explained in 100 pages or less (Links to an external site.). Retrieved from https://www.academia.edu/35733742/Accounting_made_simple_pdf
· This book provides a high-level overview of accounting, including the accounting equation, income statement, balance sheet, statement of cash flows, financial ratios, GAAP, cash vs. accrual accounting, inventory, and cost of goods sold. It may assist you with your Current Assets and Current Liabilities Analysis Case Study and Long-Term Liabilities and Cash Flow Analysis Case Study discussion forums, as well as your Week 4 CNow Homework Problems assignment this week.
Articles
Calculating book value. (2011). In J. Law, Business: The ultimate resource (3rd ed.). Retrieved from https://www.bloomsbury.com/us/
· The full-text version of this article is available through the Credo Reference database in the Ashford University Library. This article provides a concise overview on how to calculate and interpret the book value, and it may assist you with your Week 4 CNow Homework Problems assignment this week.
Liquidity ratio analysis. (2014). In QFinance: The ultimate resource (5th ed.). Retrieved from https://www.bloomsbury.com/us/
· The full-text version of this article is available through the Credo Reference database in the Ashford University Library. This article provides concise tutorial on how to calculate and interpret the quick ratio and the current ratio. It may assist you with your Current Assets and Current Liabilities Analysis Case Study discussion this week as well as your Week 4 CNow Homework Problems.
Net present value. (2014). In QFinance: The ultimate resource (5th ed.). Retrieved from https://www.bloomsbury.com/us/
· The full-text version of this article is available through the Credo reference database in the Ashford University Library. This article provides a succinct discussion of the concept of net present value, including an example on how to calculate net present value. It may assist you with your Week 4 CNow Homework Problems assignment this week.
Newton , H. (2019). Time value of money. In Salem Press Encyclopedia. Retrieved from https://www.salempress.com/
· The full-text version of this article is available through the EBSCOhost database in the Ashford University Library. This article provides an in-depth discussion of the time value of money, including example calculations, and it may assist you with your Week 4 CNow Homework Problems assignment this week.
Multimedia
Edspira. (2013, July 14). How to calculate EPS (earnings per share) (Links to an external site.) [Video file]. Retrieved from https://youtu.be/3AoS6IxZf-s
· This video provides a discussion of how to calculate and analyze earnings per share and may help you with your Current Assets and Current Liabilities Analysis Case Study discussion forum and Week 4 CNow Homework Problems assignment this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)
Edspira. (2014, February 14). Current ratio (Links to an external site.) [Video file]. Retrieved from https://youtu.be/sWWnsvuQ3kk
· This video provides a discussion of how to calculate and analyze the current ratio, and may help you with your Current Assets and Current Liabilities Analysis Case Study discussion forum and Week 4 CNow Homework problems assignment this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)
Edspira. (2014, February 24). Debt to equity ratio (Links to an external site.) [Video file]. Retrieved from https://youtu.be/6Lslqs0Wdh4
· This video provides a discussion of how to calculate and analyze the debt to equity ratio and may help you with your Long-Term Liabilities and Cash Flow Analysis Case Study discussion forum and Week 4 CNow Homework Problems assignment this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)
Edspira. (2014, February 14). Quick ratio (acid test ratio) (Links to an external site.) [Video file]. Retrieved from https://youtu.be/J_NM9TVwgfU
· This video provides a discussion of how to calculate and analyze the quick ratio and may help you with your Current Assets and Current Liabilities Analysis Case Study discussion forum and Week 4 CNow Homework problems assignment this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)
Edspira. (2019, March 19). Times interest earned (interest coverage ratio) (Links to an external site.) [Video file]. Retrieved from https://youtu.be/ECDpMUXwPiA
· This video provides a discussion of how to calculate and analyze the times interest earned ratio and may help you with your Long-Term Liabilities and Cash Flow Analysis Case Study discussion forum and Week 4 CNow Homework Problems assignment this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)
Khan Academy. (2013, September 28). Compound interest introduction | Interest and debt | Finance & capital markets | Khan Academy (Links to an external site.) [Video file]. Retrieved from https://youtu.be/Rm6UdfRs3gw
· This video discusses compound interest and may assist you with your Week 4 CNow Homework problems assignment this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)
Kloza, B., & Walko, D. S. (Executive Producers), & Dimoff , D. (Producer). (2015). Ratio analysis: Business finance essentials [Series episode]. In Business finance essentials [Streaming video]. Retrieved from the Films On Demand database.
· The full version of this video is available through the Films On Demand database in the Ashford University Library. It covers the ratios most commonly used to analyze a business to summarize ratio analysis, including quick ratio, inventory turnover ratio, debt-to-equity ratio, return-on-equity ratio, and net profit margin ratio. This video may assist you with your Current Assets and Current Liabilities Analysis Case Study and Long-Term Liabilities and Cash Flow Analysis Case Study discussion forums, as well as your Week 4 CNow Homework Problems assignment this week. This video has closed captioning and a transcript.
Lapham, F. (Director), & Henderson, C. (Writer). (2011). Interest, loans, and credit [Streaming video]. Retrieved from the Films On Demand database.
· The full version of this video is available through the Films On Demand database in the Ashford University Library. It provides an overview of interest and credit, including a discussion comparing simple and compound interest and how compound interest works. This video may assist you with your Week 4 CNow Homework Problems assignment this week. This video has closed captioning and a transcript.
The Finance Storyteller. (2017, June 12). Book value vs market value of shares (Links to an external site.) [Video file]. Retrieved from https://youtu.be/uCs9AyGIb3c
· This video provides a discussion the difference between book value and market value of shares, and how to analyze this information. It may help you with your Week 4 CNow Homework Problems assignment this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy
Instruction
Prior to beginning work on this discussion forum, read Chapter 10 in the course textbook, Using Financial Accounting Information: The Alternative to Debits and Credits.
Using the same company and annual reports that you chose for your Week 1 – Discussion Forum, Reading and Using the Annual Report Case Study,
· Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest two years. Obtain the industry averages for these ratios and any other pertinent information from IBISWorld, and then analyze the results.
· Discuss what each of these ratios tells you about the company’s use of debt and how it compares to the industry average.
· Identify the major causes of any changes in these ratios and discuss your assessment of the company based on these changes.
· If you were a lender, discuss whether you would you be willing to lend money to the company based on its use of debt.
Your initial response should be a minimum of 200 words. Graduate school students learn to assess the perspectives of several scholars. Support your response with at least one scholarly and/or credible resource, in addition to the text.