Accounting
: Master
: Essay
: English (U.S.)
: 2 pages/550 words apa one source due in 24 hours
Description:
Total Possible Score: 6.00
Total: 2.00
Distinguished – Correctly prepares a cash budget for each month of the fourth quarter and for the quarter in total.
Proficient – Prepares a cash budget for each month of the fourth quarter and for the quarter in total, but contains few errors.
Basic – Prepares a cash budget for each month of the fourth quarter and for the quarter in total, but contains several errors.
Below Expectations – Attempts to prepare a cash budget for each month of the fourth quarter and for the quarter in total, but contains many errors.
Non-Performance – Does not attempt to prepare a cash budget for each month of the fourth quarter and for the quarter in total.
Total: 1.00
Distinguished – Accurately and thoroughly comments on the impact the gross margin shrinkage will have on borrowings.
Proficient – Comments on the impact the gross margin shrinkage will have on borrowings, but minor details are missing or inaccurate.
Basic – Comments on the impact the gross margin shrinkage will have on borrowings, but relevant details are missing and/or inaccurate.
Below Expectations – Attempts to comment on the impact the gross margin shrinkage will have on borrowings, but significant details are missing and inaccurate.
Non-Performance – Does not attempt to comment on the impact the gross margin shrinkage will have on borrowings.
Total: 1.00
Distinguished – Comments on the Impact of Increasing Inventory Levels on Their Total Investment
Proficient – Comments on the impact of increasing inventory levels on their total investment, but minor details are missing or inaccurate.
Basic – Accurately comments on the impact of increasing inventory levels on their total investment, but relevant details are missing and/or inaccurate.
Below Expectations – Attempts to comment on the impact of increasing inventory levels on their total investment, but significant details are missing and inaccurate.
Non-Performance – Does not attempt to comment on the impact of increasing inventory levels on their total investment.
Total: 1.00
Distinguished – Accurately and thoroughly comments on the impact on cash-flow if the cash discount is discontinued.
Proficient – Comments on the impact on cash-flow if the cash discount is discontinued, but minor details are missing or inaccurate.
Basic – Comments on the impact on cash-flow if the cash discount is discontinued, but relevant details are missing and/or inaccurate.
Below Expectations – Attempts to comment on the impact on cash-flow if the cash discount is discontinued, but significant details are missing and inaccurate.
Non-Performance – Does not attempt to comment on the impact on cash-flow if the cash discount is discontinued.
Total: 0.50
Distinguished – Clearly and comprehensively explains the issue to be considered, delivering all relevant information necessary for a full understanding.
Proficient – Clearly explains the issue to be considered, delivering enough relevant information for an adequate understanding.
Basic – Briefly explains the issue to be considered, delivering minimal information for a basic understanding.
Below Expectations – Briefly explains the issue to be considered, but may not deliver additional information necessary for a basic understanding.
Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.
Total: 0.50
Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.
Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.
Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.
Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.
Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.
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Complete: Case 6B (Chester & Wayne)
In this case, you have been provided financial information about the company in order to create a cash budget. Management is seeking advice or clarification on three main assumptions the company has been operating. Address Questions 1 and 2 at the end of the case. Based on the case questions, you are required to provide a two to four double-spaced written report providing the necessary advice and explanations to management. The written report should be properly formatted according to APA guidelines and demonstrate research and critical thinking skills. Conclusions and recommendations should be supported by at least 2 scholarly sources from the Ashford Library or other external sources, excluding the textbook.
Address Question 1 by using a spreadsheet to prepare the case budget for the fourth quarter. The cash budget should be included as an appendix to the written report and should be referenced in the written report.
Address Question 2 in a fully developed explanation of two to four double spaced pages to present the findings and explain or validate the assumptions stated in item (a) through (c). In addressing Question 2, be sure to use the cash budget prepared in Question 1 as support for your explanation. The written analysis should be supported by at least two scholarly sources, excluding the textbook.
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